This Patent Application Assignment (the “Assignment”) is made and effective as of _________ __, 20____ (“Effective Date”) by and between ______________, [an individual] [corporation] [etc.] (the “Assignor”) and _______________________, a __________ [corporation][limited liability company]
(the “Assignee”). The Assignor and the Assignee may be referred to individually as a “Party” or collectively as the “Parties.”
RECITALS
WHEREAS, the Assignor has invented certain new and useful inventions (the “Inventions”) and has applied for patents on the Inventions, which applications are listed on Schedule 1 attached hereto and made a part hereof (collectively, the “Patent Applications”); and
WHEREAS, it is the Assignor’s intention to assign and transfer to the Assignee [all] [___________] of its right, title, and interest in the Inventions and to the Patent Applications; and
WHEREAS, the Assignee desires to acquire [all] [___________] of the Assignor’s right, title, and interest in the Inventions and to the Patent Applications and any and all letters patent or similar legal protections, foreign or domestic, to be obtained therefor; and….
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