ASSIGNMENT
OF APPLICATION
INVENTOR
DECEASED
On
______________________ (Date), this assignment was made by _______________ (Name and Address of Administrator or
Executor) (hereinafter referred to as administrator (or executor)) to
_____________________________________________ (Name and Address of
Corporation), a corporation organized under the laws of the State of
__________________________________, (hereinafter referred to as assignee).
RECITALS
___________________________________________
(Deceased’s Name), who is now deceased, invented certain new improvements
concerning _______________________ (Subject of Invention) during _____ (his or
her) lifetime. ________________________
(Executor or Administrator) is going to apply for a letters patent on that
invention. The invention is described
and identified by the specification in an application which was executed on
_______________________________ (Date).
Attached is a copy of that specification. ________________________________ (Executor or Administrator) is
now the sole and exclusive owner of the application and the inventions
described and claimed in the specification, and of all rights in the
inventions. Further, assignee desires
to acquire the entire right, title, and interest in the application, the
invention and improvements thereon, and in any letters patent thereon when
granted. In consideration of the
foregoing recitals and the mutual promises and duties set forth below, the
parties agree as follows:
SECTION ONE: ASSIGNMENT
In
consideration of $ _________ received by ________________________ (Executor or
Administrator), ________________________________ (Executor or Administrator)
assigns to assignee the entire right, title, and interest in the application
and the invention, and in any improvements on the invention, and in any letters
patent on the invention and the improvements that may be granted.
SECTION TWO: COOPERATION
_________________________
(Executor or Administrator) agrees to cooperate with assignee so that assignee
may fully enjoy the assigned rights.
This duty includes the duty to cooperate in any proceedings relating to
the patent application, in priority contests, interferences and the like.
SECTION THREE: PARTIES BOUND
The
terms, covenants, and conditions of this assignment are binding on the
___________________________ (Executor or Administrator), the estate and the
heirs of __________ (Name of the Deceased).
Similarly, the assignee, assignees successors, assigns, and other legal
representatives may have the benefit of the terms, covenants and conditions of
this assignment.
SECTION FOUR: WARRANTY
____________________________________
(Executor or Administrator) warrants that __________ (he or she) has not
entered into any assignment, contract, or understanding which conflicts with
this assignment.
This
assignment was executed at __________________________________ (Location) on
__________________________________ (Date).
___________________________________ __________________
Signature
of Executor/Administrator
Date
___________________________________ ___________________
Signature
of Assignee Date