IP Transfer Agreement

As a start-up business, you might need an IP transfer agreement to provide assurance to your investors that you have freedom to operate. Or, you can use an IP transfer agreement as part of a business sale. The IP transfer agreement gives the purchaser the rights they need to use the IP as required. It makes sure that all obligations, rights, and expectations are aligned.

What you will get from this service

  • A 30-minute consultation with your lawyer. You’ll discuss:
    • The IP which is subject to the transfer agreement
    • The objectives of the transfer
    • Risks or conditions associated with the transfer
    • Any specific questions you have about trademark registration
    • The key documents your lawyer needs from you
  • You’ll receive a professionally drafted, legally binding IP transfer agreement.
  • One iteration of the agreement based on your comments and feedback.

What this service will enable you to do

  • You’ll ensure that you have freedom to operate
  • Transfer ownership in the IP so that the buyer can use the design, copyright etc as required.

What happens after I hire a lawyer?

1. Onboarding

You send your lawyer proof of ID and address and your lawyer checks for conflicts. You send any relevant documentation to your lawyer. Your lawyer send you a client engagement letter to sign and return.

2. Personal Consultation

Choose between a phone, online or face-to-face meeting with your lawyer

3. Draft documentation

Your lawyer sends you a draft version of the document for you to review

4. Revisions and approval

You review the draft, provide comments if necessary, and request revisions. Your lawyer will provide you with another iteration, incorporating your changes as far as possible. Once you’re happy with the document, you approve the final version.

5. Leave a review of your Experience

Leave a review for Legal Drop and your lawyer