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Intellectual Property Assignment Agreement
Free IP assignment agreement template — transfers ownership of intellectual property from a creator or founder to a company.
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This free intellectual property assignment agreement covers 1. Assignment, 2. Consideration, 3. Further Assurances, 4. Warranty, 5. Moral Rights with 4 clearly marked [placeholder] fields to fill in — built for individuals and small businesses handling a straightforward legal document themselves needing a clear, professional document without commissioning custom legal drafting for a routine situation. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Intellectual Property Assignment Agreement
Assignor: [Name] (currently owns the IP) Assignee: [Company Name] (receiving ownership) Date: [Date]
1. Assignment
Assignor hereby irrevocably assigns to Assignee all right, title, and interest in and to [Description of the IP — e.g. "the software code, designs, and related documentation for ___," or "all patents, patent applications, copyrights, trademarks, and trade secrets related to ___"], including all rights to sue for past infringement.
2. Consideration
In exchange for this assignment, Assignor receives: [e.g. "$1.00 and other good and valuable consideration," or specific equity/compensation — specify].
3. Further Assurances
Assignor agrees to sign any additional documents reasonably needed to perfect this assignment (e.g. for patent/trademark office filings).
4. Warranty
Assignor warrants they are the sole owner of the assigned IP and have not previously assigned or licensed it to any other party in a way that conflicts with this assignment.
5. Moral Rights
[Where legally possible: "Assignor waives any moral rights in the assigned works."]
6. Governing Law
This Agreement is governed by the laws of [State/Country].
Assignor: ______________________ Date: ____________ Assignee: ______________________ Date: ____________
*This document is provided for informational and educational purposes only and does not constitute legal advice. This is exactly the document investors and acquirers check for during due diligence — a startup with a founder who never formally assigned their IP to the company (a very common gap) can face real problems raising money or being acquired later. Have a licensed IP attorney review, especially for patents.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 6 standard sections: 1. Assignment, 2. Consideration, 3. Further Assurances, 4. Warranty, 5. Moral Rights, 6. Governing Law
- 4 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Before involving a lawyer
A solid starting draft to review with counsel, or to use directly for a low-stakes situation.
FAQ
Is this intellectual property assignment agreement template really free?
Yes. Like every template in docstoc's library, this intellectual property assignment agreement is free to use, with no account or signup needed to view, edit, or download it.
What does this intellectual property assignment agreement cover?
This legal template includes 1. Assignment, 2. Consideration, 3. Further Assurances, 4. Warranty. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. Legal documents are exactly where a generic template is most likely to miss something that matters — the right structure, required disclosures, and even which clauses are enforceable all vary by state and situation. Use this as a starting point for a conversation with a licensed attorney, not a substitute for one.
Can I edit the wording?
Yes — edit directly on the page, adjust any section or clause, and re-fill the 4 placeholder fields to match your situation before downloading a PDF. It's a starting structure, not a rigid script.
Where can I find more free templates like this?
Browse more free legal and related document templates in the docstoc library at /document-templates/.
More free document templates
- Mutual Non-Disclosure Agreement (NDA)
- Demand Letter for Unpaid Invoice
- General Power of Attorney
- One-Way (Unilateral) NDA
- Corporate Bylaws
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Templates are drafted for general use, not a substitute for legal advice — check the note on each page for specifics.
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