The Michigan Assignment of Trademark or Service Mark is a legal document officially transferring the rights of a trademark from one party to another in the state of Michigan. This document is used to assign the exclusive right to use a trademark or service mark to a new owner, such as when a business is sold or an individual seeks to assign their trademark to another. The Michigan Assignment of Trademark or Service Mark must be filed with the Michigan Secretary of State's office and requires the signatures of all parties involved in the transfer. Types of Michigan Assignment of Trademark or Service Mark include: -Assignment from an Entity to an Individual: This type of assignment is used when a business entity transfers the rights of a trademark to an individual. —Assignment from an Individual to an Entity: This type of assignment is used when an individual transfers the rights of a trademark to a business entity. —Assignment with a Release: This type of assignment is used when both parties agree to release any claims that either may have against the other concerning the transferred trademark. —Assignment with Covenants: This type of assignment is used when both parties agree to certain terms and conditions associated with the transfer of the trademark.