Assignment of Copyright of a Book (Reserving Royalty) (India) by OLL
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BOOK RESERVING ROYALTY This Deed of Assignment is executed on this _______________day of ________. S/o Sh. _________________________________, R/o _____________________________________ (hereinafter called "the assignor") which expression shall include his successors, executors and administrators of the one part S/o Sh. __________________________________, R/o _____________________________________ (hereinafter called "the assignee") which expression shall his successors, executors and administrators of the other part. the assignor (the receipt of which the assignor hereby acknowledges) the assignor being completely beneficial owner of the copyright in the said book, hereby assigns, transfers and sells absolutely to the assignee the copyright of the above-stated, book written by the assignor. 2 |
This document is a formal deed for the assignment of copyright of a book from an author to a publisher or third party. It establishes the transfer of publishing, printing, and translation rights in exchange for a specified financial consideration and includes provisions for royalty reservations as per Indian law.
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About this template
What is this template?
This is a formal deed for the absolute transfer of intellectual property rights in a literary work. It is not a license agreement as it transfers ownership rather than just permission to use.
When should you use it?
Use this deed when an author intends to sell all rights to their book permanently to a third party. Use a Copyright License Agreement instead if the author wants to retain ownership while allowing limited use.
What's inside
| Clause | Name | What it does |
|---|---|---|
| 1 | Assignment of Copyright | The assignor transfers absolute ownership of the book's copyright to the assignee for a specific consideration amount paid in Rupees. |
| 2 | Rights of the Assignee | Grants the assignee rights to print, publish, bind, and translate the book subject to Section 53A of the Copyright Act, 1957. |
| 3 | Ownership Warranty | The assignor warrants they are the sole owner of the copyright and that no other person holds any claim or interest. |
Who it's for
- an author in India transferring complete ownership of a manuscript to a publisher for a fixed fee
- a writer assigning translation and publication rights to an assignee under the Copyright Act 1957
How long it runs and how it's signed
Law it's drafted under
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