Patent Application Assignment
(Partial) (Entity to Entity)

Summary

This template is a Patent Application Assignment used to transfer partial ownership of an invention from one entity to another. An assignment transferring ownership of an invention from one entity to another can be used in the sale of a business, sale of assets, etc. This template includes practical guidance, drafting notes, and optional clauses. For a quick overview of conducting effective due diligence for patent assignments, see Due Diligence for Patent Assignment or License Checklist. For a detailed discussion on the assignment of patents, see Assigning Patents and Patent Licensing Transactions § 1.02. For a sample patent application assignment used to transfer partial ownership of an invention from the inventors to an entity, see Patent Application Assignment (Partial) (Inventor to Entity). For a sample patent application assignment used to transfer total ownership of an invention from one entity to another, see Patent Application Assignment (Total Ownership Transfer) (Entity to Entity). For a sample patent assignment designed for recording assignments at the United States Patent and Trademark Office (USPTO) and other patent offices around the world, see Patent Assignment.