Contract templates · Confidentiality & IP
Paying for a logo, a website or code does not by itself transfer ownership. In the US and UK the creator usually keeps copyright unless it is assigned in writing.
An intellectual property assignment agreement transfers ownership of identified IP, such as copyright in code, designs or content, trademarks or inventions, from one party to another in exchange for consideration.
When you need one
- A founder moving pre-company work into the company
- Buying a logo, website or content outright
Key clauses in a Intellectual Property Assignment Agreement
These are the clauses the template includes, and what each one does for you.
Assigned IP
Identifies precisely what IP is being transferred.
Consideration
States the price or other value given for the transfer.
Warranties of ownership
Has the assignor confirm they own the IP and it does not infringe others' rights.
Moral rights waiver
Waives moral rights where local law allows.
Further assurances
Requires the assignor to sign further documents, such as registry filings, if needed.
Governing law
Sets the governing law for the assignment.
Common mistakes to avoid
- Assuming a paid invoice transfers copyright.
- Describing the IP too vaguely to identify it later.
- Not recording assignments of registered trademarks or patents with the registry.
How to use the template
Download the Word file
Buy the Intellectual Property Assignment Agreement template on My Contract Lawyer and download the editable .docx straight after checkout.
Fill in the brackets
Add names, dates, fees, scope and governing law, and delete optional clauses that do not apply to your deal.
Check it against local law
Rules differ between US states, the UK and EU countries, especially for employment, consumer and property contracts. Have a lawyer review high-value or unusual deals.
Sign and keep a copy
Sign on paper or with any e-signature tool, and store the final version where both sides can find it.
Get the Intellectual Property Assignment Agreement template
Lawyer-drafted and ready to edit in Word, Google Docs or Pages. One-time payment of $19, no subscription, instant download from My Contract Lawyer.
Frequently asked questions
Does an assignment need to be in writing?
For copyright in the US and UK, yes. Many other jurisdictions also require writing.
Assignment or licence?
An assignment transfers ownership; a licence gives permission to use while the owner keeps title.
Can a founder assign IP to a company that does not exist yet?
The assignment is usually signed once the company is formed, often alongside the founders' agreement.
Related contract templates
Templates are a starting point, not legal advice, and using one does not create a lawyer-client relationship. Contract law differs between countries and states, so check the finished document against local law.