THIS ASSIGNMENT is entered into on 23 November 2024
Between
(1) PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the "Assignor")
(2) PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Assignee")
Whereas
(A) The Assignor is the owner of the patent described in the Schedule ("First IP") and the intellectual property associated with the First IP.
(B) The Assignor has agreed to transfer to the Assignee its entire right, title and interest to and in the First IP and the Assigned Intellectual Property.
Now it is agreed as follows:
1. Definitions and Interpretations
1.1 Definitions
In this Agreement (including the Schedules) the following expressions shall have the following meanings unless the context otherwise requires:
Assigned Intellectual Property means all industrial and intellectual property of all kinds, whether protected at common law or under statute and whether registered or unregistered and includes, without limitation, all inventions (both patentable and unpatentable), confidential information, trademarks, designs, copyright, patents (registered and unregistered), plant breeder rights, trade secrets and know-how, processes, improvements, modifications, derivations, semi-conductor or circuit layouts, and all other industrial and intellectual property rights associated with the First IP and in respect of the technology generally described in the schedule and any subject matter of the First IP, all as existing at the date of this Assignment and including, without limitation:
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