The IP Assignment Contract is a fundamental document used in Austrian business transactions to transfer intellectual property rights between parties. This contract type is essential in various scenarios, including company acquisitions, employee invention transfers, technology licensing deals, and research commercialization. The document ensures compliance with Austrian IP laws and EU regulations while providing a clear framework for transferring patents, trademarks, copyrights, trade secrets, and other intellectual property assets. It's particularly important in contexts where Austrian law requires specific formalities for IP transfers, such as employee inventions under the Austrian Employee Invention Act. The contract includes comprehensive details about the IP being transferred, consideration for the transfer, warranties of ownership, and obligations for registration with relevant authorities.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the Assignor and Assignee with full legal names and addresses
2. Background: Context of the IP assignment, relationship between parties, and purpose of the transfer
3. Definitions: Key terms including detailed description of the IP being assigned, effective date, and territory
4. Assignment: Express assignment language transferring all rights, title, and interest in the IP
5. Consideration: Payment or other consideration for the IP assignment
6. Representations and Warranties: Assignor's declarations regarding ownership, right to assign, and non-infringement
7. Further Assurances: Obligations to execute additional documents and assist with IP transfer registration
8. Taxes and Costs: Responsibility for transfer taxes, registration fees, and related expenses
9. Governing Law and Jurisdiction: Specification of Austrian law and competent courts
10. Entire Agreement: Integration clause and relationship to prior agreements
1. Employee Inventions: Required when assignment involves IP created in employment context, addressing statutory requirements under Austrian Employee Invention Act
2. Registration and Recordal: Include when IP includes registered rights requiring formal transfer registration
3. Existing Licenses: Needed when IP is subject to existing licenses or usage rights
4. Future Rights: Optional section for assignments including future developments or improvements
5. Moral Rights: Required for copyright works, addressing Austrian moral rights requirements
6. International Provisions: Include when IP has protection in multiple jurisdictions
7. Confidentiality: Optional when assignment includes trade secrets or confidential information
8. Competition Compliance: Required when assignment might raise competition law concerns
1. Schedule 1 - IP Assets: Detailed list and description of all IP being assigned, including registration numbers
2. Schedule 2 - Existing Licenses: List of current licenses, permissions, or encumbrances affecting the IP
3. Schedule 3 - Assignment Forms: Specific assignment forms required for IP registries
4. Schedule 4 - Payment Terms: Detailed payment schedule and mechanisms if payment is not single lump sum
5. Appendix A - Due Diligence Results: Summary of IP ownership and validity verification
6. Appendix B - Transfer Documents: Additional documents required for formal transfer of specific IP rights
Find the exact document you need
IP Assignment Contract
An Austrian law-governed agreement for transferring intellectual property rights from one party to another, ensuring compliance with local IP laws and regulations.
Download
IP Rights Transfer Agreement
An Austrian law-governed agreement for transferring intellectual property rights between parties, including patents, trademarks, copyrights, and trade secrets.
Download
Assignment Agreement Intellectual Property
An Austrian law-governed agreement for transferring intellectual property rights from one party to another, ensuring compliance with Austrian IP legislation and civil code requirements.
Download
IP Transfer Agreement
An Austrian law-governed agreement for transferring intellectual property rights between parties, ensuring compliance with local and EU regulations.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)