UK Intellectual Property Transfer Agreement

Transfer the rights in an invention or patent, associated documentation and know-how from the owner ⁄ inventor to a purchaser who will commercially develop and produce the invention with this UK Intellectual Property Transfer Agreement .

• The inventor will provide ongoing support, assistance and expertise with respect to the intellectual property being transferred.
• The purchaser's solicitors will hold the executed assignments of rights in trust as security for payment of the purchase price.
• The inventor agrees not to disclose any confidential information regarding the intellectual property to third parties unless requested to do so by purchaser.
• The parties mutually indemnify each other.
• Provision for termination of the Agreement upon missing a milestone.
• Provision for termination for default in payment.

This United Kingdom Intellectual Property Transfer Agreement is provided in MS Word format, and is fully editable to fit your specific circumstances.