How do you transfer ownership of a patent?

Change of Owner (Assignment) and Change of Owner NameThe original owner should record the assignment or name change with the USPTO's Assignment Recordation Branch by filing a Recordation Cover Sheet along with a copy of the actual assignment or proof of name change.

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Patent Assignment

Patent Assignment Of Ownership

Name: Patent Assignment Of Ownership
Brand: US Legal Forms
Rating: 4.87 (302 reviews)

Category:

Technology - Copyrights Patents and Trademarks

State:

Multi-State

Control #:

US-DB0512AM

Format:

Instant download

Description Patent Transfer Agreement

This form is a detailed contract regarding software or computer services. Suitable for use by businesses or individual contractors. Adapt to fit your specific facts.

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Change of Owner (Assignment) and Change of Owner NameThe original owner should record the assignment or name change with the USPTO's Assignment Recordation Branch by filing a Recordation Cover Sheet along with a copy of the actual assignment or proof of name change.

Legal Assignment: An assignment (or an agreement to assign) of an existing patent is a legal assignment, where the assignee may enter his name as the patent owner. A patent which is created by deed can only be assigned by a deed. A legal assignee entitled as the proprietor of the patent acquires all rights thereof.

AssignmentA patent which is created by deed can only be assigned by a deed. A legal assignee entitled as the proprietor of the patent acquires all rights thereof.

In simpler terms, the assignee receives the original owner's interest and gains the exclusive rights to pursue patent protection (through filing and prosecuting patent applications), and also to license and enforce the patent.

All parties must sign the agreement, with limited exceptions in situations where the assignor cannot be reached but where enough evidence exists that documents their intentions and rights. File the patent assignment with the USPTO within three months after the agreement is signed, paying the then-current fee.

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As compared to assignment of patent rights, the licensing of a patent transfers a bundle of rights which is less than the entire ownership interest, e.g. During prosecution and after a patent is granted, ownership rights in the application or patent may change as a result of an assignment.Patent assignment transfers your ownership rights in your patent from yourself to your company. This logically follows from 37 CFR 3. Right to Sue for Infringement. In the recent case of Diamond Coating v. A patent assignment can get complicated. Patent to a competitor of the patent owner. Assigning future intellectual property rights. 4. The ownership of a design may change for various reasons and in different ways.

Patent Assignment Of Ownership

Description Patent Transfer Agreement

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