- Easily draft a patent assignment agreement
- Full guidance notes included with the download
- Solicitor drafted patent assignment template
- Average drafting time for the assignment of 15 mins
- No quibbles money back guarantee
How Does It Work?
- 1. Download
- 2. Edit
- 3. Print
- 4. Sign
Use our patent assignment template when you are transferring a patent between the registered owner of the patent and another party. The assignment document acts as the sale agreement for the patent. However, you can also use the template when the party receiving the patent (the ‘Assignee’) is not paying anything for the patent.
A patent assignment can also be used to transfer the benefit of patent applications that have been filed with the Intellectual Property Office but have not been granted as at the date of the assignment. Our patent assignment template includes an option where you can edit the template depending on whether you are transferring registered patents, applications or both.
When to Use The Patent Assignment Template
Use the template if you are:
A) If you are selling or buying a registered patent.
B) If you want to change the owner details for a patent where no money is being paid between the parties.
The assignment documents make the transaction official and provides a record of the terms of the agreement. It is a contract between the parties. Our template also includes standard warranties where the transferring party confirms that they have the actual right to transfer the patent.
A patent assignment can also be know as a patent assignment contract or a patent assignment form so if you are looking for either of these then this template is the document that you require.
Using our Patent Assignment Template
Our template agreement can be downloaded in Word format and then edited to suit your specific requirements. When you edit the agreement all you need to do is to complete the information that is shown within the [square] brackets to reflect your own circumstances.
For example the names of the parties to the agreement, the amount being paid buy the purchaser of the patent to the party selling it (if any money is being paid) and the date on which the transfer is to take place.
Once you have edited the template you can then save it either in word format or as a pdf. It can then be printed and signed by the parties.
Registering the Patent Assignment
Once the parties to the patent assignment agreement have signed the document and any money that needs to be paid has been paid legal title to the patent (and any applications included in the assignment), the assignment must be registered with the Intellectual Property office.
You can download the patent assignment form from their website. The form is called a ‘Form 21 – Application to Register or Give Notice of Rights’. A fee of £50 must be paid when you send the form to the Intellectual Property Office.
When you complete the form you must also send your signed patent assignment agreement with the form, or a copy of it, unless you get the assignor to also sign the Form 21.
Help With Your Patent Assignment Template
if you encounter any issues when completing the patent assignment template then do contact us and our team will assist you with any questions that you have regarding completing the template. When you download the template you will also get a set of detailed guidance notes that take you through completing the agreement in a step by step way. You can expect the drafting time to take as little as 15 minutes, once you have read through the guide.
Yes, it really is that simple to use our patent assignment template.