The type of contract related to intellectual property

1. Trademark transfer contract 

For a business with a moderate and growing intellectual property portfolio, selling an unused intellectual property or receiving an intellectual property transfer from another party to expand its business capabilities will make sense. appear more and more. An assignment contract or intellectual property transfer contract will be used in these cases.

An intellectual property transfer contract is an agreement between an individual or company to transfer its intellectual property (IP) to another individual or company. In addition to pure intellectual property transfer transactions, intellectual property transfer contracts can also be used in a number of situations, including when a company acquires another company, who The founder transfers intellectual property rights before establishing the business to the enterprise, when one party uses intellectual property to contribute capital.

2. Contract allowing use of intellectual property rights

In many transactions, one party will allow another party to use its intellectual property rights without transferring ownership. Thus, in these transactions, the licensor only grants the other party the right to use without the right of ownership. Permitting the use of intellectual property rights may be included in a franchise transaction, business cooperation, or goods purchase and distribution activities. In fact, many businesses confuse the transfer of intellectual property ownership rights and permitting the use of intellectual property assets, leading to great risks for businesses.

3. Technology transfer contract

Technology transfer is becoming increasingly popular. With this transaction, the licensee not only gets access to a piece of technology (e.g., hardware, software, or process) but also gets access to the designs and instructions needed to operate the product. practice that technology.

The parties will agree on the terms and conditions of the technology transfer agreement depending on the scope of transfer. However, it will often include intellectual property rights, trademarks, copyrights, patents and trade secrets. Start-up companies must clearly understand the scope and object of technology they transfer or receive transfer and the accompanying obligations. The transferor must ensure the ability to provide all support for technology needs, including troubleshooting, training, user guidance and support of the transferee on technology updates.

4. Information confidentiality agreement

Information confidentiality agreements are mainly related to intellectual property objects such as business secrets. An information confidentiality agreement or non-disclosure agreement is a document that helps a business ensure that its partners and employees will not disclose information about the business they have to other parties. In addition, an information confidentiality agreement is also one of the factors that help businesses ensure that their information is protected as a business secret. Sanctions for violating information security agreements also need to be carefully considered because the actual enforcement of these types of agreements is not easy.