Tarrant Texas Assignment of Pending Design Patent Application by Sole Inventor refers to the process of transferring the ownership rights of a design patent application from the original inventor to another party located in Tarrant, Texas. This assignment signifies a legal agreement between the inventor and the assignee, ensuring that the assignee becomes the new owner of the pending patent application and all associated rights and responsibilities. In Tarrant Texas, there can be various types of Assignment of Pending Design Patent Application by Sole Inventor, depending on the specific circumstances and intentions of the parties involved. Some different types include: 1. Voluntary Assignment: This is a mutual agreement where the original inventor willingly transfers the ownership of their pending design patent application to a designated assignee in Tarrant, Texas. Voluntary assignments usually involve a monetary transaction or some other form of consideration. 2. Involuntary Assignment: In certain cases, an assignment of a pending design patent application might occur involuntarily, such as through bankruptcy proceedings or other legal processes. This type of assignment is typically executed under the supervision of a court or a relevant authority. 3. Partial Assignment: A partial assignment refers to the transfer of only a portion of the ownership rights of the pending design patent application. The inventor retains a share of the rights, while the remaining portion is passed on to the assignee located in Tarrant, Texas. This can be done when the inventor wishes to retain some control or interest in the application. 4. Exclusive Assignment: An exclusive assignment grants the assignee located in Tarrant, Texas, complete ownership rights and exclusive control over the pending design patent application. By acquiring exclusive rights, the assignee gains the power to exploit, license, or enforce the patent application without any interference from the inventor. 5. Non-exclusive Assignment: In contrast to an exclusive assignment, a non-exclusive assignment allows the assignee located in Tarrant, Texas, to share the ownership rights and benefits of the pending design patent application with the original inventor. This type of assignment enables both parties to exploit or license the application simultaneously. It is essential to engage legal professionals well-versed in intellectual property or patent law to ensure a smooth and legally binding assignment process for a pending design patent application in Tarrant Texas.