Professional Documents
Culture Documents
Assignment Agreements
Assignment agreements pertain to the transfer of
intellectual property rights from the owner of the
rights to another person or organization. An
Intellectual Property Agreement (IP Agreement) or an
Intellectual Property Assignment Agreement is a
written and enforceable contract that consummates
and formalizes an agreement between two companies
for the purchase and sale of intellectual property
rights. The intellectual property being purchased can
consist of copyrights, trademarks and/or patents.2
Assignment agreements differ from license
agreements on the grounds that an assignment
agreement actually transfers the ownership of that
intellectual property from the assignor to the assignee
whereas a license agreement only permits the licensee
to use the intellectual property for a given period
of time.
An assignment agreement cannot be compared to a
negotiable instrument because in case of negotiation,
the transferee can get better title than transferor,
which can never happen in assignment/transfer.
514
Essential Requirements
Agreement
of
an
Assignment
515
516
517
518
519
520
521
5
6
7
8
9
522
41 Park N Fly, Inc v Dollar Park and Fly, Inc, 469 US 189,
198(1985).
42 Bansal A K, Law of Trademarks in India (Commercial Law
Publishers (I) Pvt Ltd, Delhi) 2001, 203.
43 Ramappa v Monappa AIR 1970 Mad 156.
44 (1859) 28 L J Ch 841, 845.
45 In re John Sinclair, Lds Tm, (1932)40 RPC 398.
46 Goschen Committee Report.
47 Kailasam Vedaraman, Law of Trademarks & Geographical
Indications (Wadhwa and Company, Nagpur), 2003, 465.
48 http://www.infinijuridique.in/geographical-indication.html
(3 June 2009).
49 http://www.rkdewan.com/faqDesign.jsp#ans1 (3 June 2009).
50 The Controller of Designs as per Section 3(1) of the
Designs Act, 2000 refers to The Controller General of
Patents, Designs and Trade Marks appointed under subSection (1) of Section 4 of the Trade and Merchandise
Marks Act, 1958.
51 http://www.aippi.nl/uploads///publicaties2/Q190.pdf (1 June
2009).
52 http://encyclopedia2.thefreedictionary.com/integrated+circuit
(18 June 2009).
53 Mohan K, Narayanan S S, Halsburys Laws of India
(LexisNexis Butterworths, New Delhi), 2006, 495.
54 Article 35, TRIPS Agreement, 1994.
55 Article 27(3)(b) TRIPS Agreement, 1994.
56 Means self generating or any system a country decides
on, provided it grants effective Plant Breeders Rights
Protection.
57 http://www.ias.ac.in/currsci/feb102003/407.pdf (17 June 2009).
58 The Biological Diversity Act, 2002.
59 http://www.kalpavriksh.org/kalpavriksh/f1/f1.1/bdbdcamp/Bi
odiversity%20Act%20and%20Rules,%20basic%20note,%20
Final (16 June 2009).
60 Clause (30) of the Income Tax Act, 1961.
61 Explanation to Section 4 and Section 5, The Biological
Diversity Act, 2002.
62 http://dictionary.getlegal.com/recordal (5 June 2009).
63 http://www.merriam-webster.com/dictionary/recordation
(5 June 2009).
64 Common Regulations under the Madrid Agreement
concerning the International Registration of Marks and the
Protocol relating to that Agreement, 2007.
65 http://www.docstoc.com/search/Madrid-Protocol-pertain
ing-to-Trademark-Law-Karnika-Seth-Attorney-at/ (5 June
2009).
66 The Trade Marks (Amendment) Bill, 2007.
67 Rule 25, Common Regulations under the Madrid Agreement
concerning the International Registration of Marks and the
Protocol Relating to that Agreement, 2007.
68 Article 2, Protocol Relating to the Madrid Agreement
concerning the International Registration of Marks, 1989.
69 http://www.ircc.iitb.ac.in/IPCourse04/P-148.pdf (25 May
2009).