This Patent Assignment is designed for recording assignments at the USPTO, as well as other Patent offices around the world. For more simple transactions, such as for inventors to their Employer company, this form will likely be sufficient on its own.
This Patent Assignment for recording is often executed pursuant to or in conjunction with more complex agreements between the parties, such as Merger and Acquisition Agreements, Employee Agreements, Joint Venture Agreements, etc., which require the formal assigning and recording of patents and applications among other transactions being pursued. If recording outside the US, confirm whether any additional information is required and modify accordingly.
Notarization is generally not necessary, but could be required if the Assignment is made in connection with a U.S. corporate transaction or closing. Notarization may also be required if the Assignment is being recorded in a foreign country. Be sure to consult foreign counsel.
Foreign counsel should also be consulted when assigning foreign patent applications and registrations to ensure that the transfer of ownership occurs in accordance with the laws of the relevant country, especially in regards to providing and recording patent. The laws on assignment vary on a country by country basis.
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