North Carolina Assignment of Pending Design Patent Application by Sole Inventor

• Category: Copyrights Patents and Trademarks - Design
• State: Multi-State
• Control #: US-1014BG
• Format: Word; Rich Text

Description

In the United States, a design patent is a form of legal protection granted to the ornamental design of a functional item. Design patents are a type of industrial design right. Ornamental designs of jewelry, furniture, beverage containers and computer icons are examples of objects that are covered by design patents. The North Carolina Assignment of Pending Design Patent Application by Sole Inventor is a legal document used to transfer the ownership and rights of a pending design patent application from one party to another within the state of North Carolina. This assignment occurs when the sole inventor of the design patent application wishes to sell, transfer, or assign their ownership rights to another individual, organization, or entity. Keywords: North Carolina, assignment, pending design patent application, sole inventor, transfer of ownership, legal document, rights, design patent, transfer, sell, assign. There are different types of Assignment of Pending Design Patent Application by Sole Inventor in North Carolina, such as: 1. General Assignment of Pending Design Patent Application: This type of assignment transfers all ownership rights, interests, and claims of the pending design patent application from the sole inventor to the assignee. 2. Conditional Assignment of Pending Design Patent Application: This type of assignment places certain conditions or limitations on the transfer of ownership rights. These conditions could include a specific time period, financial terms, or any other agreed-upon terms between the sole inventor and assignee. 3. Exclusive Assignment of Pending Design Patent Application: In this type of assignment, the sole inventor grants exclusive rights to the assignee, meaning that no other party will be allowed to use, sell, or license the design covered in the pending design patent application without the assignee's permission. 4. Partial Assignment of Pending Design Patent Application: This type of assignment involves transferring only a portion of the ownership rights and claims of the pending design patent application to the assignee, while the sole inventor retains some rights. 5. Security Assignment of Pending Design Patent Application: This assignment may occur when the sole inventor uses the pending design patent application as collateral for a loan or financial transaction. It provides security to the lender, ensuring they have some rights to the patent application in case of default. 6. Assignment with Royalty Agreement: This type of assignment includes a royalty agreement between the sole inventor and assignee, where the assignee agrees to pay the inventor a percentage of profits or revenue generated from the pending design patent application. It is crucial to consult with a legal professional or attorney specialized in intellectual property law to ensure compliance with all necessary procedures and requirements when executing a North Carolina Assignment of Pending Design Patent Application by Sole Inventor.

The North Carolina Assignment of Pending Design Patent Application by Sole Inventor is a legal document used to transfer the ownership and rights of a pending design patent application from one party to another within the state of North Carolina. This assignment occurs when the sole inventor of the design patent application wishes to sell, transfer, or assign their ownership rights to another individual, organization, or entity. Keywords: North Carolina, assignment, pending design patent application, sole inventor, transfer of ownership, legal document, rights, design patent, transfer, sell, assign. There are different types of Assignment of Pending Design Patent Application by Sole Inventor in North Carolina, such as: 1. General Assignment of Pending Design Patent Application: This type of assignment transfers all ownership rights, interests, and claims of the pending design patent application from the sole inventor to the assignee. 2. Conditional Assignment of Pending Design Patent Application: This type of assignment places certain conditions or limitations on the transfer of ownership rights. These conditions could include a specific time period, financial terms, or any other agreed-upon terms between the sole inventor and assignee. 3. Exclusive Assignment of Pending Design Patent Application: In this type of assignment, the sole inventor grants exclusive rights to the assignee, meaning that no other party will be allowed to use, sell, or license the design covered in the pending design patent application without the assignee's permission. 4. Partial Assignment of Pending Design Patent Application: This type of assignment involves transferring only a portion of the ownership rights and claims of the pending design patent application to the assignee, while the sole inventor retains some rights. 5. Security Assignment of Pending Design Patent Application: This assignment may occur when the sole inventor uses the pending design patent application as collateral for a loan or financial transaction. It provides security to the lender, ensuring they have some rights to the patent application in case of default. 6. Assignment with Royalty Agreement: This type of assignment includes a royalty agreement between the sole inventor and assignee, where the assignee agrees to pay the inventor a percentage of profits or revenue generated from the pending design patent application. It is crucial to consult with a legal professional or attorney specialized in intellectual property law to ensure compliance with all necessary procedures and requirements when executing a North Carolina Assignment of Pending Design Patent Application by Sole Inventor.