Contract for Assignment of Patent Rights
Description Patent Blank
How to fill out Patent Order?
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Amendments to Names You can alter the names of the patent owners by sending a Recordation Cover Sheet to the Assignment Recordation Branch of the U.S. Patent and Trademark Office. The process is the same regardless of whether the patent is under examination or already has been granted.
The 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.
Assigning your patent rights to your company helps to build the asset valuation of your company, which will be important to any investors or lenders you may seek. Investors and lenders will often require you to assign patent rights to your company before they will complete a transaction with your company.
A patent or patent application is assignable by an instrument in writing, and the assignment of the patent, or patent application, transfers to the assignee(s) an alienable (transferable) ownership interest in the patent or application. 35 U.S.C. 261.
RECORDING A PATENT ASSIGNMENT WITH THE USPTO So the patent owner should record the assignment through the USPTO's Assignment Recordation Branch. They can use the Electronic Patent Assignment System (EPAS) to file a Recordation Cover Sheet along with a copy of the actual patent assignment agreement.
Assignments are transfers of the entire interest in a patent from one entity to another. They are distinguished from licenses, which give another person a limited right to the patent. In the US, there is no requirement that an assignment be notarized.
Is inheritance of a patent (assigned to an individual) possible? Yes. A patent is personal property, per 35 USC § 261: Subject to the provisions of this title, patents shall have the attributes of personal property.
The theory behind the poor man's patent is that, by describing your invention in writing and mailing that documentation to yourself in a sealed envelope via certified mail (or other proof-of-delivery mail), the sealed envelope and its contents could be used against others to establish the date that the invention was
