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 Intellectual Property Transfer Agreement for the United Kingdom. Provisions of the Transfer Agreement include:

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