Assignment of Copyright (Unconditional) (India) by OLL
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ASSIGNMENT OF COPYRIGHT
WHEREAS Mr…………………………………………….. etc., is/are the owner(s) of copyright and all other proprietary rights in the Work _____________________ and is/are desirous of assigning unconditionally the said copyright in the said work and the work and whereas ……………………………………... etc., is/are agreeable to purchase the same.
WITNESSETH that in consideration of the sum of Rs _______ paid by the said BB. to the said Mr………………………………………………….………... by ___________________ (the receipt whereof the said………………………………………………..…. hereby acknowledges), the said…………………….……………. hereby unconditionally assign(s) unto ……………………………………………… the copyright in the work ______ and the said work this _________ day of _______, 20 . __________
_________________
Sd……………...
Witness ________
_________________ Sd. ………………..
This document is a formal template for the unconditional transfer of copyright ownership from one party to another. It includes provisions for the identification of the work, the payment of consideration, and a formal acknowledgement of the transfer of all proprietary rights.
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About this template
What is this template?
This document is a short-form deed of assignment for the permanent transfer of copyright. It is not a license agreement and does not contain any ongoing royalty obligations or restrictive covenants.
When should you use it?
Use this document when a full and final sale of intellectual property is intended for a lump sum. Use a Copyright License Agreement instead if the owner intends to retain ownership while granting usage rights.
What's inside
| Clause | Name | What it does |
|---|---|---|
| WHEREAS | Recitals | Identifies the current owner of the copyright and the purchaser's intent to acquire the proprietary rights unconditionally. |
| WITNESSETH | Consideration and Assignment | Confirms receipt of the purchase price in Indian Rupees and effects the unconditional assignment of the work. |
Who it's for
- an author in India transferring full ownership of a specific work for a one-time payment
- a purchaser in India seeking an unconditional transfer of all proprietary rights in a creative work
How long it runs and how it's signed
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