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Assignment of Trade Name

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Assignment of Trade Name Powered By Docstoc
					An Assignment of Trade Name is where a party transfers its right, title and interest to a
trade name to another party. The transferring party verifies that it is the true owner of
the trade name including all logos, art work, and designs made in connection therewith.
This document should be used by small businesses or other entities that want to
purchase or sell their rights to a specific trade name.
                      ASSIGNMENT OF TRADE NAME
This assignment (“Assignment”) is made and entered into as of ______________, 20___
[Instruction: Insert Date] (the “Effective Date”), by and between ___________________
[Instruction: Insert Name of Assignor], _______________________ [Instruction: Insert
Address] (the “Assignor”), and ____________________ [Instruction: Insert Name of
Assignee], _____________________ [Instruction: Insert Address] (the “Assignee”).

WHEREAS, Assignor is the owner of all rights, title and interest in and to the trade name
____________________ [Instruction: Insert Trade Name], including all logos, art work and
designs made in connection therewith (collectively, the “Trade Name”); and

WHEREAS, Assignor desires to transfer to Assignee its entire right, title and interest in and to
the Trade Name, including all goodwill relating thereto and Assignee wishes to acquire such
from Assignor.

NOW, THEREFORE, in consideration of good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, Assignor and Assignee hereby agree as follows:

1. In consideration of _________________ Dollars ($______), which sum is due and payable
upon execution hereof, Assignor hereby transfers, conveys, sells and assigns all right, title and
interest whatsoever throughout the world in and to the Trade Name, together with the goodwill
related to the Trade Name, to Assignee in perpetuity (or for the longest period of time otherwise
permitted by law).

2. The Assignor further hereby covenants that the Assignor will, at any time, upon the request
of the Assignor, execute and deliver to the Assignor any new or confirmatory instruments and to
perform, at the Assignee’s reasonable expense, any other acts which the Assignee may
reasonably request in order to fully assign and transfer to and vest in the Assignee, all of the
Assignor’s rights, title and interest in and to the Trade Name.

3. Assignor shall indemnify and hold harmless Assignee from and against any damage or
liability, including reasonable attorneys' fees and legal expenses actually incurred and paid by
Assignee for or on account of any charge, claim, suit or proceeding that alleges or is based upon
any claim of any prior infringement by Assignor of the rights of any third party resulting from
Assignor's use of the Trade Name.

IN WITNESS WHEREOF, this Assignment has been signed and delivered by and on behalf of
the parties hereto as of the date first set forth above.


ASSIGNOR:


________________________________ [Instruction: signature]
By: ___________________________ [Instruction: Insert Name of Signatory]



© Copyright 2013 Docstoc Inc.                                                           2
Title: ___________________________ [Instruction: Insert Title of Signatory]


ASSIGNEE:


________________________________ [Instruction: signature]
By: ___________________________ [Instruction: Insert Name of Signatory]
Title: ___________________________ [Instruction: Insert Title of Signatory]




© Copyright 2013 Docstoc Inc.                                                 3
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DOCUMENT INFO
Description: An Assignment of Trade Name is where a party transfers its right, title and interest to a trade name to another party. The transferring party verifies that it is the true owner of the trade name including all logos, art work, and designs made in connection therewith. This document should be used by small businesses or other entities that want to purchase or sell their rights to a specific trade name.
This document is also part of a package Intellectual Property Agreements 59 Documents Included