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Simple IP Assignment Agreement Template for Switzerland

This document is a legally binding agreement governed by Swiss law that facilitates the transfer of intellectual property rights from one party (the Assignor) to another (the Assignee). It covers the complete and irrevocable assignment of specified intellectual property, including associated rights, titles, and interests. The agreement incorporates essential provisions required under Swiss intellectual property law, including clear identification of the IP being transferred, consideration terms, warranties of ownership, and obligations for further assistance in perfecting the transfer. It ensures compliance with Swiss Code of Obligations and relevant intellectual property statutes while providing a framework for smooth transition of IP ownership.

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What is a Simple IP Assignment Agreement?

The Simple IP Assignment Agreement is a fundamental legal instrument used in Switzerland for transferring intellectual property rights between parties. This document is essential when there's a need to transfer ownership of patents, trademarks, copyrights, or other intellectual property from one entity to another, whether in the context of a business transaction, employment relationship, or independent transfer. The agreement must comply with Swiss federal laws, including the Swiss Code of Obligations and specific IP legislation. It's commonly used in scenarios such as company acquisitions, employee innovations, freelance work deliverables, or technology transfers. The document includes crucial elements such as precise identification of the IP being transferred, warranties of ownership, and provisions for future cooperation in formalizing the transfer with relevant authorities.

What sections should be included in a Simple IP Assignment Agreement?

1. Parties: Identification of the Assignor and Assignee with full legal names and addresses

2. Background: Context of the IP creation and ownership, and purpose of the assignment

3. Definitions: Definitions of key terms used throughout the agreement

4. Assignment: Clear statement of the transfer of IP rights from Assignor to Assignee

5. Consideration: Details of payment or other consideration for the IP assignment

6. Assignor's Representations and Warranties: Warranties regarding ownership, right to assign, and non-infringement of third-party rights

7. Further Assurance: Obligation to execute additional documents and assist with IP registration transfer

8. Waiver of Rights: Explicit waiver of any moral rights or other retained rights in the IP

9. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes

10. Entire Agreement: Standard integration clause confirming this is the complete agreement between parties

What sections are optional to include in a Simple IP Assignment Agreement?

1. Existing Licenses: Required if there are any existing licenses or permissions granted to third parties

2. Third Party Rights: Needed if the IP incorporates or depends on any third-party intellectual property

3. Confidentiality: Include if sensitive information will be exchanged during the assignment process

4. Tax Provisions: Required for high-value transfers or international assignments with tax implications

5. Employee/Contractor Acknowledgments: Include if the IP was created by employees or contractors who need to confirm assignment

6. Registration and Recordal: Include specific provisions about recording the assignment with IP offices if required

7. Survival: Include if certain provisions need to survive termination of the agreement

What schedules should be included in a Simple IP Assignment Agreement?

1. Schedule 1 - Description of Intellectual Property: Detailed description of all IP being assigned, including registration numbers if applicable

2. Schedule 2 - Payment Terms: Detailed payment schedule and terms if payment is not made in a single installment

3. Schedule 3 - Existing Licenses: List and details of any existing licenses or encumbrances on the IP

4. Schedule 4 - Required Assignment Documents: Forms and documents needed for recording the assignment with relevant IP offices

5. Appendix A - Chain of Title: Documentation showing the Assignor's ownership chain of the IP

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Switzerland

Publisher

Ƶ

Cost

Free to use

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