The Founder IP Assignment Agreement is a fundamental document in the Indian startup ecosystem, typically executed during or shortly after company incorporation. This agreement becomes necessary when founders have developed intellectual property prior to or during the company's formation that needs to be transferred to the company. The document ensures that all relevant IP assets, including patents, copyrights, trademarks, and trade secrets, are properly assigned to the company, which is crucial for protecting the company's interests, facilitating future investments, and ensuring clean due diligence processes. Under Indian law, this agreement must comply with various statutes including the Patents Act, Copyright Act, and Indian Contract Act, making it a comprehensive tool for IP transfer and protection. The agreement is particularly important in technology and innovation-driven sectors where intellectual property forms the core of the company's value proposition.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identifies the founder(s) as assignor(s) and the company as assignee, including full legal names and addresses
2. Background: Explains the context of the agreement, including the founder's role, company formation, and need for IP assignment
3. Definitions: Defines key terms including different types of IP, Intellectual Property Rights, Created IP, Prior IP, and other relevant terms
4. Assignment: Core section detailing the transfer and assignment of all IP rights from founder to company
5. Consideration: Specifies the consideration for the IP assignment, typically nominal amount or shares in the company
6. Representations and Warranties: Founder's confirmations regarding IP ownership, no infringement, and authority to assign
7. Further Assurance: Founder's commitment to execute additional documents and assist with IP protection
8. Waiver of Moral Rights: Founder's waiver of moral rights in any copyright works where applicable
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Governing Law and Jurisdiction: Specifies Indian law as governing law and defines jurisdiction for disputes
1. Third Party IP: Include when founder has used any third-party IP in developments that need to be disclosed
2. Future Developments: Add when there's need to address IP developed after the agreement date but before leaving the company
3. Non-Competition: Include if additional restrictions on founder's future activities are required
4. Power of Attorney: Add when company needs authority to act on founder's behalf for IP registration
5. Indemnification: Include when specific indemnities for IP claims are required
6. Severability: Add when there's particular concern about enforceability of specific provisions
1. Schedule 1 - Created IP: Detailed list of all IP created by founder being assigned, including patents, copyrights, trademarks, and designs
2. Schedule 2 - Prior IP: List of any pre-existing IP that founder retains or licenses to company
3. Schedule 3 - Third Party IP: Details of any third-party IP used in developments and associated licenses
4. Schedule 4 - Registered IP: List of all registered IP including patent applications, trademark registrations etc.
5. Appendix A - IP Assignment Forms: Standard forms for recording assignments at IP offices
6. Appendix B - Consideration Details: Details of any shares or other consideration being provided for the IP assignment
Find the exact document you need
IP Rights Contract
An Indian law-governed agreement for the transfer or licensing of intellectual property rights, including terms for usage, protection, and commercialization of IP assets.
Download
Non Exclusive Patent License Agreement
An Indian law-governed agreement allowing non-exclusive licensing of patent rights while protecting both licensor's and licensee's interests under the Patents Act, 1970.
Download
IP Assignment Contract
An Indian law-governed agreement that transfers ownership of intellectual property rights from one party to another, ensuring legal compliance and protection for both parties.
Download
Contract To Protect Intellectual Property
An Indian law-governed agreement establishing comprehensive protection mechanisms for intellectual property rights and confidential information.
Download
Patent Non Disclosure Agreement
An India-governed agreement ensuring confidentiality of patent-related information and technical knowledge between parties, compliant with Indian patent and confidentiality laws.
Download
Patent Licence
An Indian law-governed agreement allowing the use of patented technology under specified terms and conditions between a patent holder and licensee.
Download
Non Exclusive Patent License
An Indian law-governed agreement granting non-exclusive rights to use patented technology while allowing the licensor to license the same patent to others.
Download
Joint Patent Ownership Agreement
An Indian law-governed agreement establishing terms and conditions for joint ownership of patent rights between multiple parties.
Download
Trade Secret Protection Agreement
An Indian law-governed agreement establishing obligations and protections for trade secrets and confidential business information.
Download
Simple Intellectual Property Agreement
An Indian law-governed agreement for protecting and managing intellectual property rights between parties.
Download
Joint Development Agreement Intellectual Property
An Indian law-governed agreement establishing terms for collaborative R&D activities and IP rights management between multiple parties.
Download
Independent Contractor Agreement Intellectual Property
Indian-law compliant Independent Contractor Agreement focusing on intellectual property rights protection and assignment, suitable for technology and creative services engagements.
Download
Trademark License Agreement Royalty Payment
An Indian law-governed agreement for trademark licensing with royalty payment terms, establishing rights, obligations, and financial arrangements between trademark owner and licensee.
Download
Intellectual Property Contract Agreement
An Indian law-governed agreement establishing terms for intellectual property transfer, licensing, or protection between parties, compliant with Indian IP legislation.
Download
Copyright Transfer And Disclosure Form
An Indian law-compliant document for transferring copyright ownership and disclosing relevant details about the copyrighted work.
Download
Trade Secret Confidentiality Agreement
An Indian law-governed agreement protecting trade secrets and confidential information shared between parties, with specific security and confidentiality obligations.
Download
Royalty Agreement For Intellectual Property
An Indian law-governed agreement establishing terms for IP licensing and royalty payments, compliant with Indian IP and contract laws.
Download
International Copyright Agreement
An Indian law-governed agreement for international copyright licensing or transfer, ensuring cross-border protection and compliance with Indian copyright regulations.
Download
Founder IP Assignment Agreement
An Indian law-governed agreement that transfers all intellectual property rights from company founder(s) to their startup entity, essential for company formation and fundraising.
Download
Research Collaboration Agreement Intellectual Property
An Indian law-governed agreement template for managing intellectual property rights in research collaborations between multiple parties.
Download
Patent Sharing Agreement
An Indian law-governed agreement establishing terms for sharing patent rights between parties, including usage rights, royalties, and mutual obligations.
Download
IP Settlement Agreement
A legal agreement under Indian law that resolves intellectual property disputes between parties and establishes terms for future IP rights management.
Download
Trade Secret Contract
An Indian law-governed agreement for protecting confidential business information and trade secrets, establishing obligations and remedies for parties sharing sensitive proprietary information.
Download
Trademark Co Existence Agreement
An agreement under Indian law that allows companies with similar trademarks to define boundaries for peaceful market coexistence.
Download
Non Disclosure Agreement Proprietary Information
Indian law-compliant Non-Disclosure Agreement for protecting proprietary information, incorporating comprehensive confidentiality provisions and enforcement mechanisms.
Download
Intellectual Property Rights Software Development Contract
An Indian law-governed agreement for software development services with comprehensive IP rights provisions and protection mechanisms.
Download
IP Development Agreement
An Indian law-governed agreement establishing terms for intellectual property development, including ownership, specifications, and delivery requirements.
Download
Intellectual Property Employment Contract
An Indian law-governed employment agreement focusing on intellectual property rights, ownership, and protection in the employer-employee relationship.
Download
Collaboration Agreement Intellectual Property
An Indian law-governed agreement establishing IP collaboration terms between parties, including ownership, usage rights, and protection of intellectual property.
Download
Patent Purchase Agreement
An Indian law-governed agreement for the transfer of patent rights from a seller to a purchaser, compliant with the Indian Patents Act, 1970.
Download
IP Ownership Agreement
A legal agreement governed by Indian law that transfers intellectual property rights between parties, establishing clear ownership and transfer terms.
Download
IP Assignment Agreement
An Indian law-governed agreement for transferring intellectual property rights from one party to another, including patents, copyrights, trademarks, and related rights.
Download
Non Disclosure Agreement Trade Secret
An India-specific Non-Disclosure Agreement focused on trade secret protection, incorporating comprehensive security measures and enforcement mechanisms under Indian law.
Download
Intellectual Property Purchase Agreement
An Indian law-governed agreement for the complete transfer of intellectual property rights between parties, including terms of sale, warranties, and regulatory compliance requirements.
Download
Intellectual Property Non Disclosure Agreement
An Indian law-governed agreement protecting confidential intellectual property and proprietary information shared between parties, ensuring legal compliance with Indian IP and confidentiality regulations.
Download
IP License Agreement
An Indian law-governed agreement for licensing intellectual property rights between a Licensor and Licensee, detailing usage rights, obligations, and commercial terms.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it