IP Assignment Agreement
When you create something valuable—software, designs, trademarks, artworks, content, inventions—the biggest question is: Who owns it? An IP Assignment Agreement ensures that intellectual property created by employees, freelancers, founders, or agencies is legally transferred to the rightful owner (usually the company). Without a proper assignment, IP rights can remain unclear, leading to disputes, funding challenges, and legal risks. At Aarthika Globcorp, we draft airtight, compliant, and industry-specific IP Assignment Agreements to help businesses secure full ownership of their innovations and safeguard their competitive edge.
Documents Required
- Details of the IP being assigned (design, code, trademark, content, invention)
- Proof of creation / authorship
- Assignment terms & compensation (if any)
- Identity & business information of both parties
- Supporting documents like drafts, prototypes, or artwork
- Confidentiality & non-compete requirements
FAQs
Assignment transfers full ownership, while licensing grants limited usage rights without transferring ownership.
Trademarks, copyrights, patents, software code, digital content, designs, research outputs, inventions, and creative works.
Yes, even a nominal amount is typically included to make the contract legally enforceable.
Yes. Most agreements include NDAs to protect sensitive information linked to the IP.
Yes. Many contracts include “assignment of future inventions” to cover upcoming creations by employees or contractors.