ASSIGNMENT OF RIGHTS - PATENT ISSUED
____________ [insert name of person or company assigning rights] (“Assignor”) is owner of U.S. Patent Number: ______, dated ______, titled ____________[insert name of invention], (the “Patent”). ___________[insert name of person or company to whom rights will be assigned] (“Assignee”) desires to acquire rights in and to the Patent.
Therefore, for valuable consideration, the receipt of which is acknowledged, Assignor assigns to Assignee ____% [insert percentage of interest that is being assigned - it can be less than 100%, but it cannot be more than 100%] of his right, title and interest in the invention and Patent to Assignee for the entire term of the Patent and any reissues or extensions and for the entire terms of any patents, reissues or extensions that may issue from foreign applications, divisions, continuations in whole or part or substitute applications filed claiming the benefit of the Patent. The right, title and interest conveyed in this Assignment is to be held and enjoyed by Assignee and Assignee’s successors as fully and exclusively as it would have been held and enjoyed by Assignor had this assignment not been made.
Assignor further agrees to: (a) cooperate with Assignee in the protection of the patent rights and prosecution and protection of foreign counterparts; (b) execute, verify, acknowledge and deliver all such further papers, including patent applications and instruments of transfer; and (c) perform such other acts as Assignee lawfully may request to obtain or maintain the Patent and any and all applications and registrations for the invention in any and all countries.
Date: _______________ ________________________
[to be completed by notary public]
On this _____ day of _________, before me, _________________________, the undersigned Notary Public, personally appeared ____________ ASSIGNOR, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument, and acknowledged to me that he executed the same. WITNESS my hand and official seal in _____________ County of ______________ on the date set forth in this certificate.
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