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Assignment And License Of Copyright
"I need an Assignment and License of Copyright agreement under Nigerian law to transfer ownership of my software application to a tech company while retaining the right to use the core algorithm in future projects."
1. Parties: Identification of the assignor/licensor and assignee/licensee with full legal names and addresses
2. Background: Context of the agreement, description of the copyrighted work, and current ownership status
3. Definitions: Definitions of key terms used throughout the agreement including 'Work', 'Intellectual Property Rights', 'Territory', etc.
4. Assignment/License Grant: Clear statement of rights being transferred or licensed, including scope and territory
5. Consideration: Details of payment or other consideration for the assignment/license
6. Warranties and Representations: Assignor's/licensor's warranties regarding ownership, right to transfer, non-infringement, etc.
7. Delivery of Materials: Process and timeline for delivering the copyrighted works and associated materials
8. Further Assurances: Obligations to execute additional documents or take actions to perfect the transfer
9. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
10. Entire Agreement: Standard boilerplate confirming this is the complete agreement between parties
1. Moral Rights: Required for jurisdictions recognizing moral rights or when the author retains moral rights
2. Royalties: Include when the agreement involves ongoing payments rather than a one-time fee
3. Quality Control: Necessary for licenses where the licensor wants to maintain quality standards
4. Sub-licensing Rights: Include when the assignee/licensee is permitted to sub-license the rights
5. Termination: Required for licenses or when the assignment is conditional
6. Confidentiality: Include when sensitive information is being shared
7. Registration: Include when the agreement needs to be registered with copyright authorities
8. Improvements: Required when dealing with software or works that may be updated
9. Indemnification: Include for high-value transactions or when significant risks exist
1. Schedule 1 - The Works: Detailed description of the copyrighted works being assigned/licensed
2. Schedule 2 - Consideration: Detailed payment terms, including any royalty calculations
3. Schedule 3 - Existing Licenses: List of any existing licenses or encumbrances on the copyright
4. Appendix A - Copyright Registrations: Details of any copyright registrations for the works
5. Appendix B - Territory: Detailed description of territorial scope if complex
6. Appendix C - Approved Uses: For licenses, specific permitted uses and any restrictions
Authors
Media and Entertainment
Publishing
Software and Technology
Education
Advertising
Digital Content Creation
Music Industry
Film and Television
Gaming
Professional Services
Legal
Intellectual Property
Content Creation
Publishing
Business Development
Rights Management
Creative Services
Contract Administration
Digital Assets
Product Development
Intellectual Property Lawyer
Legal Counsel
Content Creator
Author
Artist
Software Developer
Publishing Manager
Licensing Manager
Rights Management Officer
Contract Administrator
Business Development Manager
Creative Director
Copyright Officer
Media Rights Manager
Academic Publisher
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