Assignment of Right to Renew Copyright by Creator of Intellectual Property

• Category: Copyrights Patents and Trademarks - Assignments
• State: Multi-State
• Control #: US-13409523BG
• Format: Word; Rich Text

Description

Generally, under 17 U.S.C.A. § 304(a), a copyright the first term of which is subsisting on January 1, 1978 may be renewed for 67 years. Further, 17 U.S.C.A. § 304(c) provides that the grant or transfer of the renewal copyright, or any right under it, executed before January 1, 1978, by an individual author or the author's surviving spouse, surviving children, executor, or next of kin may be terminated under enumerated conditions.

An Assignment of Right to Renew Copyright by Creator of Intellectual Property is a legal document that transfers the right to renew a copyright from the copyright holder (the creator of the intellectual property) to another party. This document is often used when the creator of the intellectual property is no longer interested in retaining the right to renew the copyright, or when the copyright holder wishes to transfer the right to renew for financial compensation. Types of Assignment of Right to Renew Copyright by Creator of Intellectual Property include: 1. Full Assignment: A full assignment is a complete transfer of the right to renew the copyright from the copyright holder to another party. 2. Part Assignment: A part assignment is the transfer of a portion of the right to renew the copyright from the copyright holder to another party. 3. Exclusive Assignment: An exclusive assignment is the transfer of the entire right to renew the copyright from the copyright holder to one party, allowing the assignee to renew the copyright exclusively. 4. Non-Exclusive Assignment: A non-exclusive assignment is the transfer of the right to renew the copyright from the copyright holder to multiple parties, allowing all assignees to renew the copyright.