The Intellectual Property Release Agreement is a crucial legal instrument used in South African business and legal practice when one party needs to formally relinquish their rights to intellectual property in favor of another party. This document is particularly relevant in scenarios such as company acquisitions, project completions, settlement of IP disputes, or clarification of ownership rights. The agreement must comply with South African intellectual property laws, including the Copyright Act 98 of 1978, Patents Act 57 of 1978, and Trade Marks Act 194 of 1993, among others. It typically includes detailed descriptions of the IP being released, warranties about ownership and non-infringement, consideration terms, and the scope of the release. This type of agreement is essential for providing legal certainty and protecting both parties' interests in IP transactions within the South African legal context.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the Releasor (IP owner) and Releasee, including their legal status and registered addresses
2. Background: Context of the IP release, relationship between parties, and purpose of the agreement
3. Definitions: Detailed definitions of terms used throughout the agreement, including specific types of IP being released
4. Scope of Release: Comprehensive description of the intellectual property rights being released and the extent of the release
5. Representations and Warranties: Releasor's warranties regarding ownership, right to release, and non-infringement of third-party rights
6. Consideration: Details of payment or other consideration for the IP release
7. Effective Date and Duration: Specification of when the release takes effect and its duration
8. Confidentiality: Obligations regarding confidential information disclosed during the process
9. General Terms: Standard contractual provisions including governing law, jurisdiction, and entire agreement clause
1. Third Party Rights: Section addressing any third-party interests or rights in the IP, used when the IP has multiple stakeholders or licensees
2. Territorial Scope: Specific geographical limitations of the release, included when the release is limited to certain territories
3. Future Rights: Provisions regarding future developments or improvements of the IP, used when ongoing development is relevant
4. Indemnification: Specific indemnities related to IP claims, included when additional protection is required
5. Registration and Recordal: Procedures for recording the release with relevant IP offices, included for registered IP rights
6. Survival Clauses: Provisions that continue after the release, included when certain obligations need to persist
7. Tax Implications: Specific provisions regarding tax treatment of the release, included for high-value transactions
8. Assignment Rights: Terms regarding the ability to assign the released rights, included when transfer rights are relevant
1. Schedule A - Description of Intellectual Property: Detailed inventory and description of all IP being released, including registration numbers where applicable
2. Schedule B - Payment Terms: Detailed payment schedule and terms if the release involves multiple payments or complex consideration
3. Schedule C - Existing Licenses and Encumbrances: List of any existing licenses, permissions, or encumbrances affecting the IP
4. Schedule D - Required Consents: List of third-party consents required for the release to be effective
5. Appendix 1 - IP Registration Certificates: Copies of relevant IP registration certificates and documentation
6. Appendix 2 - Chain of Title Documentation: Documents evidencing the Releasor's ownership of the IP
Authors
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Research and Development
Pharmaceuticals
Media and Entertainment
Software Development
Biotechnology
Education
Creative Industries
Engineering
Healthcare
Telecommunications
Consumer Goods
Professional Services
Relevant Teams
Legal
Intellectual Property
Research and Development
Innovation
Business Development
Corporate Affairs
Compliance
Technology Transfer
Product Development
Executive Leadership
Scientific Research
Commercial
Relevant Roles
Legal Counsel
Intellectual Property Manager
Chief Technology Officer
Research Director
Innovation Manager
Business Development Manager
Patent Attorney
Licensing Manager
Chief Executive Officer
Chief Legal Officer
Technology Transfer Officer
Research Scientist
Product Development Manager
Corporate Counsel
Compliance Officer
Find the exact document you need
Agreement On Trade Related Intellectual Property Rights
A comprehensive agreement governing intellectual property rights protection and enforcement under South African law and international TRIPS standards.
find out more
IP Contract
A South African law-governed agreement for managing intellectual property rights transfer or licensing, compliant with local IP legislation and regulations.
find out more
IP Rights Contract
A South African law-governed agreement for the transfer or licensing of intellectual property rights, ensuring legal protection and compliance with local IP legislation.
find out more
Assignment On Intellectual Property Rights
A South African law-governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance and protection of transferred IP assets.
find out more
Property Rights Agreement
A legal agreement governing property rights and their transfer under South African law, detailing rights, obligations, and compliance requirements for all parties involved.
find out more
Patent Confidentiality Agreement
A South African law-governed agreement protecting confidential patent-related information between parties sharing sensitive intellectual property data.
find out more
IP Assignment Contract
A South African law-governed agreement for transferring intellectual property rights from an Assignor to an Assignee, ensuring complete and legally compliant IP ownership transfer.
find out more
Intellectual Property Release Agreement
A South African law-governed agreement facilitating the release and transfer of intellectual property rights between parties, covering various forms of IP including patents, copyrights, and trademarks.
find out more
IP License
South African-law governed agreement for licensing intellectual property rights, establishing terms for IP usage and commercialization.
find out more
Contract To Protect Intellectual Property
A South African law-governed agreement for protecting intellectual property rights, including patents, trademarks, copyrights, and trade secrets.
find out more
Trademark Assignment
A legal document governed by South African law that transfers all rights and ownership in a trademark from one party to another.
find out more
IP Assignment
A South African law-governed agreement for transferring intellectual property rights from one party to another, ensuring compliance with local IP legislation and registration requirements.
find out more
Joint Patent Ownership Agreement
A South African law-governed agreement establishing rights and obligations between joint patent owners, including ownership allocation, commercialization, and revenue sharing arrangements.
find out more
Copyright Exclusive License
A South African law-governed agreement granting exclusive rights to use and commercialize copyrighted works, subject to the Copyright Act 98 of 1978.
find out more
Trademark Licence Agreement
A South African law-governed agreement allowing the licensed use of trademarks, including terms for usage, quality control, and royalties.
find out more
Simple Intellectual Property Agreement
A South African law-governed agreement for managing intellectual property rights transfer, licensing, and protection between parties.
find out more
Joint Development Agreement Intellectual Property
A South African law-governed agreement structuring collaborative R&D activities and resulting IP rights between multiple parties.
find out more
Assignment And Transfer Of Copyright
A South African law-governed agreement that transfers complete copyright ownership from one party to another, including all associated rights and interests.
find out more
Trademark License Agreement Royalty Payment
A South African law-governed agreement establishing trademark licensing rights and royalty payment obligations between a trademark owner and licensee.
find out more
Consulting Agreement Intellectual Property
South African consulting agreement focusing on intellectual property rights, defining service terms and IP ownership under SA law.
find out more
Intellectual Property Lease Agreement
A South African law-governed agreement for leasing intellectual property rights, establishing terms for temporary IP transfer between owner and user.
find out more
Non Compete Intellectual Property Agreement
A South African law-governed agreement protecting intellectual property rights and implementing non-compete provisions, designed to safeguard business interests while ensuring legal compliance.
find out more
Option Agreement Intellectual Property
A South African-law governed agreement granting the right to acquire specified intellectual property rights under predetermined terms and conditions within a set timeframe.
find out more
Employee Confidentiality And Intellectual Property Agreement
A South African law-governed agreement protecting employer's confidential information and intellectual property rights in an employment relationship.
find out more
Assignment And License Of Patent
A South African law-governed agreement combining patent ownership transfer and licensing rights, structured under the Patents Act 57 of 1978.
find out more
Trademark Security Agreement
A South African law-governed agreement creating security interests over trademarks as collateral for financing arrangements.
find out more
Patent Co Ownership Agreement
A South African law-governed agreement establishing rights and responsibilities between co-owners of patents, including ownership, management, and commercialization terms.
find out more
Copyright Infringement Settlement Agreement
A South African law-governed agreement that resolves copyright infringement disputes between rights holders and alleged infringers, establishing settlement terms and future compliance requirements.
find out more
Royalty Agreement For Intellectual Property
A South African law-governed agreement establishing terms for IP licensing and royalty payments, including payment terms and compliance requirements.
find out more
Software Intellectual Property Rights Agreement
A South African law-governed agreement establishing ownership and usage rights for software intellectual property.
find out more
Simple IP Assignment Agreement
A legal document governed by South African law that transfers intellectual property rights from an Assignor to an Assignee, establishing terms and conditions for the permanent transfer of IP ownership.
find out more
Assignment And License Of Copyright
A South African law-governed agreement for transferring copyright ownership while establishing licensing arrangements for copyright works.
find out more
Trademark Usage Agreement
A South African law-governed agreement establishing terms for authorized trademark usage, including licensing conditions and quality control requirements.
find out more
Trade Secret License Agreement
A South African law-governed agreement for licensing confidential business information while maintaining its trade secret status and protecting the rights of both licensor and licensee.
find out more
Exclusive Copyright License Agreement
A South African law-governed agreement granting exclusive rights to use and commercialize copyrighted works, providing the licensee with sole exploitation rights while protecting the copyright owner's interests.
find out more
Software IP Transfer Agreement
A South African law-governed agreement for transferring complete intellectual property rights in software from one party to another, including all associated rights and obligations.
find out more
Patent Licence Agreement
A South African law-governed agreement establishing terms for licensing patent rights, including commercialization terms and royalty arrangements.
find out more
IP Agreement
A South African law-governed agreement for the transfer, licensing, or assignment of intellectual property rights, ensuring legal protection and commercial exploitation of IP assets.
find out more
Copyright Purchase Agreement
A South African law-governed agreement for the transfer of copyright ownership from one party to another, including terms of sale and ownership warranties.
find out more
Joint Trademark Ownership Agreement
A South African law-governed agreement establishing joint ownership rights and responsibilities for shared trademarks between multiple parties.
find out more
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)