Joint Ip Ownership Agreement Template UK

The Joint IP Ownership Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable samples for your convenience.


Sample

Joint Ip Ownership Agreement Template UK

Editable – Printable



Joint IP Ownership Agreement Template UK

1. Parties Information


2. Second Party Information


3. Agreement Overview


4. Intellectual Property Description

5. Rights and Responsibilities of Each Party

6. Revenue Sharing Agreement

7. Joint Decisions and Management

8. Confidentiality Obligations

9. Termination of Agreement

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Examples


Joint IP Ownership Agreement Template UK (1)
Between:
[Name of the First Party]
[First Party’s ID]
[First Party’s Address]
[First Party’s Phone]
[First Party’s Email]
And:
[Name of the Second Party]
[Second Party’s ID]
[Second Party’s Address]
[Second Party’s Phone]
[Second Party’s Email]
Introduction:
This agreement establishes the terms of joint ownership of intellectual property (IP) created by the Parties collaboratively, effective from [Effective Date].
Clause 1: Definition of Joint IP
“Joint IP” refers to all inventions, designs, trademarks, copyrightable works, and other intellectual property developed jointly by the Parties during the term of this agreement.
Clause 2: Contributions
Each Party agrees to contribute resources, including but not limited to: [Describe contributions, e.g., funding, personnel, technology, etc.].
Clause 3: Rights and Obligations
Both Parties shall have equal rights to use, commercialize, and exploit the Joint IP, subject to mutually agreed terms and conditions.
Clause 4: Profit Sharing
Any profits generated from the commercialization of the Joint IP shall be shared equally between the Parties, unless otherwise agreed in writing.
Clause 5: Dispute Resolution
In the event of a dispute regarding the Joint IP, the Parties agree to first attempt resolution through mediation before pursuing legal remedies.
Clause 6: Duration and Termination
This agreement shall remain in effect until [Specify Duration], or until terminated by either Party with [Notice Period, e.g., 60 days] written notice.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the First Party]
[Name of the First Party]
[Signature of the Second Party]
[Name of the Second Party]
Joint IP Ownership Agreement Template UK (2)
Between:
[Name of the First Party]
[First Party’s ID]
[First Party’s Address]
[First Party’s Phone]
[First Party’s Email]
And:
[Name of the Second Party]
[Second Party’s ID]
[Second Party’s Address]
[Second Party’s Phone]
[Second Party’s Email]
Introduction:
This agreement outlines the collaborative relationship between the Parties concerning the ownership and management of any Joint IP developed together, starting on [Effective Date].
Clause 1: Ownership Rights
Each Party shall have a 50% ownership interest in all Joint IP, with the right to use, license, or assign their interests with prior written consent from the other Party.
Clause 2: Development Process
The Parties agree to work together diligently towards the development of the Joint IP and notify each other of any relevant progress.
Clause 3: Confidentiality
Both Parties agree to keep confidential any proprietary information exchanged during the duration of this agreement and not disclose it to third parties without consent.
Clause 4: Marketing and Commercialization
Decisions regarding marketing and commercialization of Joint IP shall be made jointly, ensuring that both Parties have equal input and agreement.
Clause 5: Amendments
Any amendments or modifications to this agreement must be made in writing and signed by both Parties.
Clause 6: Governing Law
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the First Party]
[Name of the First Party]
[Signature of the Second Party]
[Name of the Second Party]

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Joint Ip Ownership Agreement Template UK