Intellectual Property Assignment

# Intellectual Property Assignment Agreement **Effective Date:** ___________ This Intellectual Property Assignment Agreement ("Agreement") is entered into by and between: **Assignor:** ___________ ("Assignor") **Assignee:** ___________ ("Assignee") (each a "Party" and collectively the "Parties"). ## 1. Recitals WHEREAS, the Assignor owns or has rights to certain intellectual property as described below; and WHEREAS, the Assignee desires to acquire all of the Assignor's right, title, and interest in and to such intellectual property; NOW, THEREFORE, in consideration of ___________, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: ## 2. Description of Intellectual Property The Assignor hereby assigns to the Assignee all right, title, and interest in and to the following intellectual property (the "Assigned IP"): **Description:** ___________ **Type of IP:** ___________ Including, without limitation: (a) All rights to create derivative works based upon the Assigned IP; (b) All goodwill associated with the Assigned IP; (c) All rights to sue or recover for past, present, or future infringement; and (d) All rights corresponding to the above throughout the world. ## 3. Assignment