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Intellectual Property Transfer Agreement | UK
Transfer your rights in an invention or patent to a purchaser who will commercially develop and produce the invention in the UK with this Intellectual Property Transfer Agreement.
- Scope of Agreement. The Transfer Agreement covers the intellectual property being transferred as well as associated documentation and know-how.
- Support. The inventor will provide ongoing support, assistance and expertise with respect to the transferred property.
- Security for Payment. The purchaser's solicitors will hold the executed assignments of rights in trust as security for payment of the purchase price.
- Confidentiality. The inventor agrees not to disclose any confidential information regarding the intellectual property to third parties unless requested to do so by the purchaser.
- Indemnification. The parties mutually indemnify each other.
- Termination for Cause. The agreement contains provisions for termination if a milestone is missed or if the purchaser defaults in making a payment.
- Governing Law. The Intellectual Property Transfer Agreement is governed by the laws of England and Wales and can be used throughout the United Kingdom.
- How to Obtain the Form. You can download the sample agreement immediately after you have purchased it. Customise it with the details of your transaction and it is ready to sign.
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Letter of Intent to Purchase Assets of Business
Are you in negotiations to purchase the assets of a business? Set down the terms of your offer in writing with this Letter of Intent template.
- The letter of intent is not a contract and is not legally binding, except as it relates to the negotiations between the parties, such as confidentiality provisions.
- In this template, the buyer intends to incorporate a new company which will purchase all of the assets and goodwill of the business from the seller.
- The letter has a built-in expiry date, which will take effect if the parties fail to execute and deliver a formal Purchase & Sale Agreement within a specified number of days.
- If the buyer is willing to proceed and the seller fails to go through with the transaction, the seller will pay the buyer's costs and a percentage of the purchase price as liquidated damages.
- This is a generic template that can be used anywhere.
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Special Resolution to Reorganize Share Capital | Canada
Pass a special resolution to reorganize the share capital of a Canadian corporation with this easy-to-use template.
- The special resolution is passed by the directors. It authorizes the corporation to amend its Articles of Incorporation and to convert the shares as part of a corporate reorganization.
- The form can be used by federal corporations and by any provincial corporation incorporated under a Business Corporations Act (Alberta, BC, Saskatchewan, Ontario, New Brunswick, Yukon, NWT and Nunavut). A different form may be required in Quebec.
- Available as a downloadable MS Word document.
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Property Transfer Agreement | Canada
Transfer depreciable property as part of the sale of a business in Canada with this Property Transfer Agreement.
- The parties agree that the property is being transferred at fair market value.
- The purchaser agrees to issue shares in its capital stock to the seller and assume any outstanding encumbrances on the property as payment of the purchase price.
- The parties agree to make a joint Section 85(1) election under the Income Tax Act (Canada).
- The parties mutually indemnify each other with respect to the transfer.
- The agreement sets out the manner of arriving at an agreed amount for depreciable property subject to subsection 85(5.1) of the Act, and eligible capital property subject to subsection 248(1).
- The parties intend that the purchase price for the assets be an amount equal to the fair market value of the assets at the date of the agreement.
- This template is available in MS Word format, and is fully editable to fit your circumstances.
- This legal document is governed by Canadian tax laws.
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Technology Transfer Agreement
License your technology and know-how to a manufacturer who will manufacture and sell your products under this Technology Transfer Agreement.
- The manufacturer is granted an exclusive license to use the technology and know-how within a defined territory.
- The owner of the technology (the grantor) will provide all required technology, training and technical assistance.
- The manufacturer will pay the grantor a royalty on each sale of products within the territory.
- Either party may develop improvements to the products, and must disclose such improvements to the other party.
- On improvements developed by the manufacturer, the owner will have the exclusive royalty-free license outside the territory, and the manufacturer will have the exclusive royalty-free license inside the territory.
- The parties will jointly perform verification tests on the products.
- This is a generic legal form which does not contain references to the specific laws of any country, and can be used in many jurisdictions.
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