A Trade Mark Assignment allows a trade mark owner to transfer the rights, title, and interest in a trade mark.
A Trade Mark Assignment differs from a Trade Mark Licence Agreement, which grants permission to use a mark in some manner but does not transfer any rights in the mark.
A Trade Mark Assignment helps ensure that the rights in a trade mark are clearly identified and transferred and that both parties are clear on their rights and remedies.
- Details of the trade mark;
- Price paid for the trade mark;
- Associated rights such as copyright and business goodwill; and
- Rights belonging to third parties (if any).