Ip assignment agreement pdfIp Assignment Agreement • March 22nd, 2021
Contract Type FiledMarch 22nd, 2021Secure Your IP For startups, clear ownership of intellectual property (IP) is imperative. Your company has to own all of the IP it relies on and on which you’ve built your business. Your intellectual property impacts the valuation of the company, and it determines how secure the company’s footing will be when a serious competitor comes along. Any potential investor will check to make sure that the IP is assigned to the company with full documentation as part of their diligence. If the company succeeds—which after all is what you and your investors are banking on—all your hard work will be in jeopardy without a secure IP foundation. Not You, but the Company Although it might feel like it, you are not the company, and the company is not you. It is the company, not the founders (or an employee, or an advisor, or a stockholder), that must own the IP. It may seem unimaginable that a key team member would ever separate from the company. But when the inconceivable becomes inevitable, the comp