Free Sample Patent Assignment Form
Patent Assignment Agreements are used when an owner of a patent desires to assign all ownership to another party. This assignment gives a brief description of the patent, parties to the agreement and amount of payment made for the assignment. This assignment must be filed with the Patent Office in order for the assignment to be official.
Disclaimer:This was not drafted by an attorney & should not be used as a legal document.
_______________, referred to as Inventor, and ________________, referred to as Purchaser, in consideration of $_______________ agree:
Inventor assigns to Purchaser, and their heirs and assigns, all rights related to U.S. Patent Serial No._____________________, for an invention described as ____________________________, including rights to apply for a patent or to practice the invention worldwide.
Inventor warrants that the title to the patent is free and clear and that Inventor is not aware of any adverse claims thereto and shall defend the patent at its expense.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.