Washington Partnership Agreement

Document Sample
Washington Partnership Agreement Powered By Docstoc
					Docstoc Legal Agreements




                             This Partnership Agreement is a written document that explicitly details the relationship
                             between the business partners and their individual obligations and contributions to the
                             partnership. The agreement states the nature of the business, the partners' capital
                             contributions and the management duties and restrictions of each partner. It contains many
                             of the standard provisions that are commonly included in partnership agreements, and may
                             be customized to address the specific needs of the partners. This document should be
                             used when forming a partnership located in Washington.
             ®




                           DISCLAIMERS: ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS, IMPLIED, OR
                           OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND COMPLETENESS. They are for general guidance and should be modified by you or your
                           attorney to meet your specific needs and the laws of your state. Use at your own risk. Docstoc, its employees or contractors who wrote or modified any
                           form, are NOT providing legal or any other kind of advice and are not creating or entering into an Attorney -Client relationship. The information and forms
                           are not a substitute for the advice of your own attorney. Use of this document and our service are deemed to be your acknowledgement and agreement to
                           the following: The disclaimers and links on this page and the back page(s); our Terms of Service (http://www.docstoc.com/popterm.aspx?page_id=15), and
                           read more here (http://www.docstoc.com/popterm.aspx?page_id=114) for additional disclaimers and more. You also agree that if you are not the person
                           using the document and services that you will provide such person(s) who will be with these front and back disclaimer pages. This document is not
                           approved, endorsed by, or affiliated with any State, or governmental or licensing entity.
                           Entire document copyright © Docstoc®, Inc., 2010 - 2013. All Rights Reserved
                           PATENT ASSIGNMENT AGREEMENT

THIS PATENT ASSIGNMENT AGREEMENT made on this ____ [Month] ____ [Date],
20____ by and between ______________________ [Instruction: Insert the name of patent
holder], residing at ___________________________________________ [Instruction: Insert
the address of patent holder] (hereinafter referred to as the “Assignor”), and
___________________ [Instruction: Insert the name of an individual or entity desiring to
obtain the patent rights], having an address at ___________________________ [Instruction:
Insert the address of assignee entity/individual] (hereinafter referred to as the “Assignee”).
Assignor on the one hand and Assignee on the other hand, are each sometimes referred to herein
as “Party” and collectively as the “Parties” to this Agreement.

NOW, THEREFORE, In consideration of the payments set out in this Agreement, the Assignor
has authorized the Assignee to use the patent on the terms and conditions contained herein
(“Assignment”).

1. Definition

   Pending Patent: Patent pending means that inventor has either filed a Provisional
   application or a complete application for a patent which is not yet granted.

2. Patent Description

   By application dated ____ [Month] ____ [Date], 20____, the Assignor applied for and
   subsequently received from the United States Patent & Trademark Office a Patent dated
   ____ [Month] ____ [Date], 20____ bearing Patent Number _____________ [Instruction:
   Insert the patent application number], a copy of which is attached to this Assignment as
   Exhibit A, reduced to practice on ____ [Month] ____ [Date], 20____.

3. Assignment

   Pursuant to and for the consideration set out in Clause 4 below, the Assignor hereby vests,
   transfers and assigns to the Assignee, absolutely with full title guarantee, all its right, title,
   interest, claim and demand in and to the Patent.

4. Payment

   In consideration for the assignment of the Patents, Inventions and Improvements hereunder,
   Assignor shall receive the following compensation:

   A flat fee of ________ ($___) [Instruction: Insert the amount, e.g., twenty thousand
   dollars ($20,000) [Instruction: Insert the amount] as full payment for all rights granted.
   Payment shall be made upon execution of this Agreement.

5. Improvements [OPTIONAL]




© Copyright 2011 Docstoc Inc. registered document proprietary, copy not                     2
   a) If the Assignor makes, devises or discovers, or otherwise acquires rights in, any
      Improvement, it shall promptly notify the Assignee in writing, giving details of the
      Improvement.

   b) Unless prohibited by law, the Assignor shall immediately assign, vest and transfer to the
      Assignee, for no additional consideration, all such Improvements and the Inventions
      related thereto which shall be then regarded as part of the Patents, and the provision of
      the Agreement shall ap
				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:112
posted:12/8/2011
language:Unknown
pages:8
Description: This Partnership Agreement is a written document that explicitly details the relationship between the business partners and their individual obligations and contributions to the partnership. The agreement states the nature of the business, the partners' capital contributions and the management duties and restrictions of each partner. It contains many of the standard provisions that are commonly included in partnership agreements, and may be customized to address the specific needs of the partners. This document should be used when forming a partnership located in Washington.
Customize This Document Instantly download your personalized document Guided Fill-in-the-Blank Process
This document is also part of a package Essential Washington Legal Documents 84 Documents Included