Travis Texas Assignment of Rights Under Patent Application and Patents That May Be Issued refer to legal documents that transfer intellectual property rights from one party to another in Travis County, Texas. These assignments are crucial in protecting and determining ownership of patents and patent applications. When an inventor or a company wants to transfer their rights to a patent application or a patent, they can use a Travis Texas Assignment of Rights document. This document ensures that the assignee (the party receiving the rights) obtains complete legal ownership and control over the intellectual property. The assignee can be an individual, an organization, or a company. Different types of Travis Texas Assignment of Rights Under Patent Application and Patents That May Be Issued can vary based on the specific circumstances and intentions of the parties involved. Some possible types of assignments include: 1. Assignment of Rights for Patent Applications: This type of assignment transfers ownership of an invention before the patent is granted. It ensures that the assignee will become the legal owner of the patent application once it is approved. 2. Assignment of Rights for Issued Patents: This assignment relates to the transfer of ownership after a patent has been granted by the United States Patent and Trademark Office (USPTO). It allows the assignee to become the rightful owner of the patent, including all associated rights and benefits. 3. Partial Assignment of Rights: This type of assignment involves transferring only a part of the rights related to a patent or patent application. It allows the assignor to retain some ownership and control over the intellectual property while granting specific rights to the assignee. 4. Exclusive or Non-Exclusive Assignment: An exclusive assignment grants exclusive rights to the assignee, meaning that no one else can exercise the assigned rights without permission. In contrast, a non-exclusive assignment allows the assignor to grant rights to multiple assignees simultaneously. 5. Conditional or Absolute Assignment: Conditional assignments include specific terms and conditions that must be met by the assignee for the assignment to be valid. If the conditions are not fulfilled, the assignment may be revoked. Absolute assignments have no such conditions and provide immediate and unconditional transfer of rights. It is important to note that these assignment types may have specific requirements and considerations based on Travis County and Texas state laws. Seeking legal advice or consulting an attorney specializing in intellectual property law is recommended to ensure compliance with applicable regulations and to protect the rights of all parties involved.