Ohio Assignment — Joint Inventors refers to a legal document used in the state of Ohio to transfer ownership rights of a joint invention between inventors. This assignment is necessary when multiple inventors collaborate on the creation of a new invention and wish to clarify their respective rights and ownership interests. In Ohio, there are two primary types of Ohio Assignment — Joint Inventors: 1. Joint Inventor Agreement: This type of assignment is used when inventors collaborate with a clear intent to jointly develop an invention. The agreement outlines each inventor's contributions, rights, and responsibilities regarding the joint invention. It specifies the percentage of ownership or royalties each inventor is entitled to, the obligations related to commercialization, and provisions for dispute resolution. This agreement helps prevent future conflicts or disputes between joint inventors and provides a legally binding framework for their collaboration. 2. Ohio Assignment of Joint Interest in Patent: This type of assignment comes into play when inventors have already obtained a patent for their joint invention and wish to transfer their ownership interest to others. It can be used when one or more inventors want to sell, assign, or license their rights to another party or entity. The assignment document clearly states the transfer of interests, including the patent rights, claims, and any related intellectual property associated with the invention. This helps ensure the smooth transfer of ownership and avoids any confusion or disputes in the future. In summary, Ohio Assignment — Joint Inventors is a legal document used to transfer ownership rights of a joint invention between inventors in the state of Ohio. It helps clarify the rights and responsibilities of each inventor and facilitates the smooth transfer of ownership interests. The two main types of assignments are the Joint Inventor Agreement, used to establish ownership rights during collaboration, and the Assignment of Joint Interest in Patent, used to transfer ownership after obtaining a patent.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.