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.
Joint Ip Ownership Agreement Template UK Editable – PrintableSample
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
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WORD
Examples
[Name of the First Party]
[First Party’s ID]
[First Party’s Address]
[First Party’s Phone]
[First Party’s Email]
[Name of the Second Party]
[Second Party’s ID]
[Second Party’s Address]
[Second Party’s Phone]
[Second Party’s Email]
This agreement establishes the terms of joint ownership of intellectual property (IP) created by the Parties collaboratively, effective from [Effective Date].
“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.
Each Party agrees to contribute resources, including but not limited to: [Describe contributions, e.g., funding, personnel, technology, etc.].
Both Parties shall have equal rights to use, commercialize, and exploit the Joint IP, subject to mutually agreed terms and conditions.
Any profits generated from the commercialization of the Joint IP shall be shared equally between the Parties, unless otherwise agreed in writing.
In the event of a dispute regarding the Joint IP, the Parties agree to first attempt resolution through mediation before pursuing legal remedies.
This agreement shall remain in effect until [Specify Duration], or until terminated by either Party with [Notice Period, e.g., 60 days] written notice.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the First Party]
[Name of the First Party]
[Signature of the Second Party]
[Name of the Second Party]
[Name of the First Party]
[First Party’s ID]
[First Party’s Address]
[First Party’s Phone]
[First Party’s Email]
[Name of the Second Party]
[Second Party’s ID]
[Second Party’s Address]
[Second Party’s Phone]
[Second Party’s Email]
This agreement outlines the collaborative relationship between the Parties concerning the ownership and management of any Joint IP developed together, starting on [Effective Date].
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.
The Parties agree to work together diligently towards the development of the Joint IP and notify each other of any relevant progress.
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.
Decisions regarding marketing and commercialization of Joint IP shall be made jointly, ensuring that both Parties have equal input and agreement.
Any amendments or modifications to this agreement must be made in writing and signed by both Parties.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the First Party]
[Name of the First Party]
[Signature of the Second Party]
[Name of the Second Party]
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