software assignment form

Assignment of Software All Rights Redacted Document Samples

Assignment of Software Rights Form Agreement - This is a redacted version of one of the documents in our document package. The document samples are html version of the rtf files of the actual documents in the package. As such, formatting will not always appear correct in the samples.

ASSIGNMENT OF SOFTWARE RIGHTS

       

ASSIGNMENT OF RIGHTS

WITH RESERVATION OF SOME RIGHTS IN COMPUTER SOFTWARE

      THIS ASSIGNMENT OF ALL RIGHTS IN COMPUTER SOFTWARE (this "Agreement") is made and entered on this _____ day of __________________, 200__ by and between ___________________________ (hereinafter "Software Owner"), and _____________________________(hereinafter "Software Buyer").

RECITALS

A.                Software Owner represents and warrants that is has full and complete ownership of all right, title, and interest in and to certain computer software programs commonly known as _________________________ and which are described in more detail in Exhibit “A” attached hereto (hereinafter referred to as the “Purchased Software”), including but not limited to all Copyrights, Trademarks, Tradenames, Service Marks, Patents, and other proprietary rights associated with such Purchased Software.

B.                Software Owner has marketed the Purchased Software to the general public pursuant to the terms of standard form end user software licenses, in form attached hereto as Exhibit “B” (“End User License”).

C.                [Paragraph Omitted But Included In Fully Licensed Version]

D.                Software Buyer wished to purchase from the Software Owner, all right, title and interest in and to the Purchased Software and top assume all obligations under the End User Licenses.

E.                Software Owner wishes to sell the Purchased Software to the Software Buyer and convey and assign the End User Licenses to the Software Buyer, all in accordance with the terms and conditions set forth in this Agreement.

F.                [Paragraph Omitted But Included In Fully Licensed Version]

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree to the following terms and conditions relative to the sale and purchase of the Purchased Software.

ARTICLE I

PURCHASE AND SALE

1.1            Conveyance of Rights.  Software Owner hereby transfers and conveys to the Software Buyer, for the Purchase Price described herein, and subject to [Paragraph Omitted But Included In Fully Licensed Version]

1.2            The rights transferred and conveyed to the Software Buyer hereunder shall include, but shall not be limited to the following:

1.2.1    [Paragraph Omitted But Included In Fully Licensed Version]

1.2.2    [Paragraph Omitted But Included In Fully Licensed Version]

1.2.3    [Paragraph Omitted But Included In Fully Licensed Version]

1.2.4    [Paragraph Omitted But Included In Fully Licensed Version]

1.2.5    [Paragraph Omitted But Included In Fully Licensed Version]

1.2.6    [Paragraph Omitted But Included In Fully Licensed Version]

1.2.7    All rights to enter into license agreements with parties who may currently be using “shareware” versions of the Purchased Software.

1.2.8    All customer lists, shareware user lists and other documentation relative to the Purchased Software.

1.3            License Retained By Software Owner. Software Owner shall retain, and Software Buyer hereby grants to the Software Owner, [Paragraph Omitted But Included In Fully Licensed Version]

1.4            Software Owner shall not be permitted to offer for sale or license to the general public any product that is substantially equivalent or similar to the use that the end users have for the Purchased Software.

ARTICLE II

SHAREWARE SOURCES

2.1            Upon execution hereof, Software Owner shall deliver to the Software Buyer, a complete and accurate [Paragraph Omitted But Included In Fully Licensed Version]

2.2            Upon execution hereof, Software Owner shall deliver to Software Buyer a complete and accurate [Paragraph Omitted But Included In Fully Licensed Version]

2.3            The Software Buyer shall have the right to any and all revenues arising from the licensing of the Purchased Software arising from all shareware sources.

2.4            The Software Seller represents and warrants to the software buyer that it has never offered [Paragraph Omitted But Included In Fully Licensed Version]

ARTICLE III

DELIVERY OF MEDIA AND DOCUMENTATION

3.1            Upon execution of this Agreement, Software Owner shall deliver and convey to the Software Buyer (i) [Paragraph Omitted But Included In Fully Licensed Version], (ii) [Paragraph Omitted But Included In Fully Licensed Version], (iii) [Paragraph Omitted But Included In Fully Licensed Version], (iv) [Paragraph Omitted But Included In Fully Licensed Version] (v) [Paragraph Omitted But Included In Fully Licensed Version], (vi) original Certificates of Registration of all aspects of the Purchased Software and other rights conveyed hereunder, (vii) an originally executed [Paragraph Omitted But Included In Fully Licensed Version](viii) all other reports and documents pertain to the Purchased Software, including but not limited to error reported, virus reports, customer complaints, customer enhancement and improvement, enhancement plans, specifications, schematics,  suggestions, internal memorandum, and related correspondence.

3.2            Software Owner shall retain documentation and media reasonably necessary [Paragraph Omitted But Included In Fully Licensed Version].

ARTICLE IV

SOFTWARE OWNER REPRESENTATIONS AND WARRANTIES

Software Owner makes the following representations and warranties to the Software Buyer as material inducements for the Software Buyer to enter into this transaction and to purchase the Purchased Software.  All such representations and warranties shall survive the conveyance of the Purchased Software.

4.1            [Paragraph Omitted But Included In Fully Licensed Version]

4.2            [Paragraph Omitted But Included In Fully Licensed Version]

4.3            The Purchased Software is free and clear of all liens, encumbrances, claims, suits, lis pendens, equities, suits, attachments, or any other right or claim of any third party.

4.4            [Paragraph Omitted But Included In Fully Licensed Version]

4.5            [Paragraph Omitted But Included In Fully Licensed Version]

4.6            [Paragraph Omitted But Included In Fully Licensed Version]

4.7            Appropriate copyright notices have been included on all publications of the Purchased Software.

4.8            Any and all independent contractors who have contributed any aspect of the development of the Purchased Software [Paragraph Omitted But Included In Fully Licensed Version]

4.9            Software Owner has not entered into any [Paragraph Omitted But Included In Fully Licensed Version].

ARTICLE V

LICENSE AGREEMENTS

5.1            Software Owner represents and warrants to the Software Purchaser that it has not granted or licensed any rights to use the Purchased Software to any party except for those parties ho have licensed the use of the Purchased Software pursuant to the End-User License, which parties are completely listed in Exhibit “B” attached hereto.

5.2            Software Owner represents and warrants to the Software Purchaser that a valid and enforceable [Paragraph Omitted But Included In Fully Licensed Version].

5.3            Neither Software Owner nor any other party to and End-User License is in default under their obligations under such license.

5.4            Software Owner represents and warrants that there are no services required [Paragraph Omitted But Included In Fully Licensed Version].

5.5            Software Owner represents and warrants that each end-User License is fully assignable to the Software Purchaser without the requirement of receiving any consent or approval from the end user or any other party.

5.6            All End-User Licenses are hereby transferred and conveyed to the Software Buyer.  Except as specifically provided herein, Software Buyer assumes [Paragraph Omitted But Included In Fully Licensed Version].

5.7            [Paragraph Omitted But Included In Fully Licensed Version].

5.8            Software Owner shall be obligated to notify all end users listed on Exhibit “B” hereto that Software Owner has sold and [Paragraph Omitted But Included In Fully Licensed Version].

ARTICLE VI

DOCUMENTS OF CONVEYANCE AND FURTHER ACTS

6.1            Software Owner shall have an ongoing obligation following the date of this Agreement to execute any documents of conveyance and to take all further actions reasonably required by the Software Buyer to fully [Paragraph Omitted But Included In Fully Licensed Version].

6.2            The requirement to execute further documents and take further actions shall include, but shall not be limited to (i) execution, acknowledgements and delivery of affidavits, assignments, deeds, bills of sale, confirmations, [Paragraph Omitted But Included In Fully Licensed Version].

6.3            Software Buyer shall have an ongoing obligation following the date of this Agreement to execute and documents and take all further actions reasonably required by the Software Owner to confirm and effectuate the [Paragraph Omitted But Included In Fully Licensed Version].

ARTICLE VII

LIMITATIONS ON WARRANTIES

7.1            Software Owner represents and warrants, in addition to the other representations and warranties containing in this Agreement, that the Purchased Software functions in full conformance with the Software Specifications that have been provided to the Software Buyer in all material respects.  Software Owner [Paragraph Omitted But Included In Fully Licensed Version].

7.2            [Paragraph Omitted But Included In Fully Licensed Version]

ARTICLE VIII

MISCELLANEOUS PROVISIONS

 [Paragraph Omitted But Included In Fully Licensed Version].

IN WITNESS WHEREOF, the parties have executed this Agreement on the dates set forth first above, with full knowledge of its content and significance and intending to be legally bound by the terms hereof.

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