The Washington Assignment of Trademark with Interest in Application for Federal Registration is a legal document that allows the transfer of ownership and rights of a trademark application in the state of Washington. This agreement is crucial for individuals or entities looking to sell or buy a trademark application before it has been approved by the United States Patent and Trademark Office (USPTO) for federal registration. When engaging in such transactions, it is essential to have a clear understanding of the different types of Washington Assignment of Trademark with Interest in Application for Federal Registration. These include: 1. Absolute Assignment: This type of assignment transfers the complete ownership and control of the trademark application, along with any associated goodwill, to the assignee. The assignee then becomes the sole owner and possesses all rights and responsibilities related to the application. 2. Partial Assignment: A partial assignment grants the assignee a portion of the ownership and rights to the trademark application. This could entail specific goods or services associated with the mark or a limited geographic area. The assignor retains ownership and rights over the remaining aspects. 3. Conditional Assignment: This type of assignment is subject to certain conditions or requirements being fulfilled. The assignee will gain the rights and ownership of the trademark application only if the conditions specified in the agreement are met. If the conditions are not satisfied, the assignment may become void. 4. Security Interest Assignment: A security interest assignment occurs when a trademark application is used as collateral to secure a loan or debt. This allows the assignee, typically a lender or creditor, to have a security interest in the application until the debt is repaid. Once the debt is satisfied, ownership is returned to the assignor. The Washington Assignment of Trademark with Interest in Application for Federal Registration is an important legal tool that facilitates the transfer of a trademark application and its associated rights. It is recommended to consult with a knowledgeable attorney to ensure compliance with Washington state laws and federal trademark regulations during the assignment process.