Docstoc Legal Agreements
This is an agreement where the owner of a copyright (the � )
Assignor� fully transfers their
interest in the copyrighted material to a third party (the � ).
Assignee� Such a transfer must
be in writing and this agreement, as drafted, makes the transfer irrevocable. It contains
both standard clauses as well as opportunities for customization to ensure that the
understandings of the parties are properly set forth. Execution of this document will
completely extinguish the Assignor� interest in the copyrighted material by transferring it
to the Assignee. This document should be used by small businesses or other individuals
located in North Carolina who want to transfer or obtain a copyright.
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COPYRIGHT ASSIGNMENT AGREEMENT
COPYRIGHT ASSIGNMENT AGREEMENT made on this _____ [Month] ___ [Date],
20__, by and between ________________________ [Instruction: Insert the name of the
Copyright owner] hereinafter referred to as the “Assignor” and _______________________
[Instruction: Insert the name of company/individual/publisher that desires to obtain the
copyrights] hereinafter referred to as the “Assignee”.
WHEREAS, the Assignor is the author or creator of certain works which are described in
Exhibit “A” attached hereto (the “Works”); and
WHEREAS, the Assignee is engaged in _____________________________________.
[Instruction: Describe activities that are relevant to the desire to assign Assignor's
WHEREAS, the Assignee wishes to acquire the right, title, and interest in and to all of the
Works described in Exhibit “A” hereto.
NOW, THEREFORE, for and in consideration of the premises and the mutual covenants and
agreements hereinafter set forth and other good and valuable consideration, as set forth herein,
the Assignor and the Assignee agree as follows:
The Assignor does hereby irrevocably assign to the Assignee all of its/his/her rights, title, and
interest to and in the copyright and all other intellectual property rights, including but not
limited to, all rights of the Assignor to prepare derivative works, all goodwill and moral
rights associated with the Works.
2. Ownership of Works and Warranty
The Assignee acknowledges that the Assignor is the exclusive owner of all right, title,
interest and all intellectual property rights to and in the Works. The Assignor has the right,
power, and authority to enter into this Agreement with the Assignee;
The Assignee shall not grant sub-assignment without the prior written approval of Assignor.
4. Payment or Consideration
The Assignee shall pay the Assignor a flat fee of __________ ($__) [Instruction: Insert the
amount, e.g., forty thousand dollars ($40,000)] as full payment for all rights granted in the
Works. Payment shall be made upon execution of this Agreement.
5. Terms and Termination
This Agreement may be terminated by the written agreement of both parties. In the event that
either party shall be in default of its material obligations under this Agreement and shall fail
to remedy such default within ______ (__) [◊sixty (60)] days after receipt o