Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Intellectual property rights assignments in asset purchases: checklist for drafting long- and short-form agreements, covering scope, exclusions, moral rights, fees, formalities, warranties, liability, and governing law

Published by a LexisNexis IP expert
Checklists
imgtext

Checklist overview

This Checklist aims to flag matters commonly requiring attention when preparing long-form and short-form assignments of intellectual property rights (IPRs) in an asset purchase context, and should be used with these Precedents:

  • Assignment of intellectual property rights (asset purchase) (long form)
  • Assignment of intellectual property rights (asset purchase) (short form)

For licences of IPRs in an asset purchase context, consider:

  • Precedent: Intellectual property licence (asset purchase) (long form)
  • Precedent: Intellectual property licence (asset purchase) (short form)
  • Intellectual property rights licence (asset purchase)—checklist

For further information on issues raised by this Checklist, see these Practice Notes:

  • Assigning intellectual property rights
  • Licensing intellectual property rights
  • Sub-licensing intellectual property rights
  • Key issues in software licence agreements
  • Know-how—protection and licensing
  • Tax issues and incentives arising from assignment and licensing of IP

Key terms for inclusion in an assignment of intellectual property rights (IPRs) in an asset purchase scenario

(A) Key commercial considerations

Notes
Parties

Parties: verify each party’s name, legal status, and authority to grant the relevant rights and to perform the related obligations...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
Web page updated on 20/05/2026

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow