Assignment to EAGLE Clause Samples
The "Assignment to EAGLE" clause establishes that certain rights, obligations, or interests under the agreement are transferred to EAGLE. In practice, this means that any intellectual property, contractual benefits, or other specified assets created or acquired during the course of the agreement are automatically assigned to EAGLE, making it the legal owner. This clause ensures that EAGLE has clear and undisputed ownership of relevant assets, preventing disputes over rights and streamlining management or enforcement of those assets.
Assignment to EAGLE. ▇▇▇▇▇▇ hereby transfers, sells and assigns, and agrees to transfer, sell and assign, to EAGLE all right, title and interest in the ASSIGNED PATENTS and all intellectual property rights therein, including all income, royalties, damages, claims, and payments now or hereafter due or payable with respect thereto, and in and to all causes of action, either in law or in equity for present or future infringement based on the ASSIGNED PATENTS. ▇▇▇▇▇▇ shall, at EAGLE sole cost and expense, take such further actions and provide such cooperation and assistance (including, without limitation, the execution and delivery of any all affidavits, declarations, oaths, exhibits, assignments, powers of attorney or other documentation), requested by EAGLE to more fully and effectively effectuate the purposes of the above assignment.