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Contract for the assignment of patents, utility models and industrial designs

What is a contract for the assignment of patents, utility models and industrial designs?

The contract for the assignment of patents, utility models and industrial designs (also known as “inventions”), is a contract whereby a party that owns or owns an invention (known as ”assignor”) transfers or conveys ownership of said invention to a third party (known as ”assignee”) in exchange for payment or for free.

In the LexDoka glossary we have the definitions of patent, utility model and industrial design.

When to use this contract?

These documents are used to transfer ownership of an invention to another party. They are used in situations such as the transfer of rights, collaboration agreements or license contracts. These contracts allow the terms and conditions of the assignment to be established, protecting the interests of both parties involved.

When not to use this contract?

At LexDoka we have other models of assignment contracts depending on what you want to assign. For this reason, we have the Trademark and Trade Name Assignment Agreement and the Software Assignment Agreement.

Essential content

  • Identification of the parties.
  • Price and method of payment.
  • Description of the invention.
  • Possible charges in relation to the brand or trade name.
  • Technical information that must be provided to the assignor. It is mandatory by regulation that the assignor provide the assignee with all the information necessary for the use of the invention.
  • Guarantees of use.

Optional content

Applicable law

How much does it cost to make this contract with LexDoka?

Currently, we do not have an automated model for this contract. However, if you are interested, please let us know through this contact form, and we will take it into account to develop it and notify you when it is available. If you need it urgently, LexDoka offers a personalized contract automation service where we will work together with you to see what your needs are and develop it exclusively for you in the shortest possible time. If you are interested contact us.