7.2 Procuration. If, for some reason, the agent is not able to: back up the agent`s signature on letters, patents, copyright contracts, trademark applications or applications for registration or other documents or submissions relating to one or all of the awarded property, whether because of the agent`s unsuspectingness or for any other reason that the agent irrevocably appoints and appoints the agent and his or her authorized agent to act. for and on his behalf and to execute and file all these requests, records and other documents, and to make all other lawfully authorized acts to support the continuation of these acts with the same legal force and effect as the Assignor stated. Enter the name of the party awarding the patent or patent application. The plenipotentiary undertakes that it has the full right to pass on the rights assigned to it and that it has not executed and will not implement agreements that are in conflict with it. 8.6 Full agreement. This agreement is the whole agreement on the purpose of this agreement. It replaces all prior and simultaneous agreements, insurance, representations and communications between the parties. 5. Representations and guarantees. The Assignor assures and guarantees to the plenipotentiary that: the Assignor exclusively owns all rights, titles and interests on and on the assigned property; The Assignor has not granted or will not grant licences or other rights to property granted to third parties; The property assigned is free of any right to pledge, charge, interest in safety and limit transmission; To the agent`s knowledge, the intellectual property awarded under the assigned property does not infringe the intellectual property rights of third parties; there is no legal action, investigation, claim or procedure concerning assets surrendered pending or threatened.

Patents are very valuable assets. As with other assets, patents can be sold entirely (assigned) or licensed on the terms under which the parties wish to agree. Under Section 30 (6) (a) of the Patent Act 1977, the assignment must be made in writing in the event of a patent assignment and signed by the Oder on behalf of the assignee. Enter the information for all patent and patent applications assigned. This patent assignment involves the transfer of patent ownership (and other intellectual property rights, if you wish). The terms of this assignment allow for a single patent or several patents. This assignment provides for a number of obligations of the assignee, including the obligation to support the assignee on practical and legal issues relating to the patents granted. Guarantees are also granted to ensure the validity of the transfer and to reassure the agent. While [company name], (the company) organizes a business and exists according to the laws of the state [founding state] of the United States of America, and has a place of business at [the corporate address], it is the desire to obtain all the right, title and interest for, and under such patent applications and such an invention.