software assignment sale of software

software assignment

Software Agreement Document Package

Redacted Document Package

This agreement is a sample of a document contained in our Software Agreement Document Package. Omitted portions are included in the fully licensed version. Documents are provided in Word and in Rich Text Format (RTF). All documents are conveniently accessed through an E-Book indexing system.

ASSIGNMENT OF ALL 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.                Attached hereto as Exhibit “C” is a list of all third parties to which Software Owner has licensed the right to use the Purchased Softwa[Portions Omitted - included In fully Licensed Version] of the End User License, together with the identifying company name, address and telephone number of each such licensee.

 

D.                Software Buyer wished to purchase from the Software Owner, all right, title and interest in and to the P[Portions Omitted - included In fully Licensed Version] 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 [Portions Omitted - included In fully Licensed Version] in accordance with the terms and conditions set forth in this Agreement.

 

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 the terms and conditions set [Portions Omitted - included In fully Licensed Version]f the Software Owner’s right, title and interest in and to the Purchased Software, in perpetuity, exclusive to the rights of any other party, i[Portions Omitted - included In fully Licensed Version]and all copyrights and rights to copyright the Purchased Software, all of the exclusive rights of the owner of a copyright under the United States Copyright Act, and all trademarks and tradenames used in connection with such P[Portions Omitted - included In fully Licensed Version] but not limited to the name _______________.

 

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    The Copyright and right to Copyright the Purchased Software and all components and functions there[Portions Omitted - included In fully Licensed Version]not limited to the rights under the Copyright Registered with the United States Copyright Office as Registration Number ______, the original certificate of registration to be delivered to the Software Buyer.

 

1.2.2    Any and all international copyrights or the right to claim copyright protection under all international laws, [Portions Omitted - included In fully Licensed Version] and the right to claim copyright protection under the laws of every country and jurisdiction in the world to the extent available.

 

1.2.3    Right, title and ownership in and to all media containing copies of the Purchased Program, including but no[Portions Omitted - included In fully Licensed Version] and all other media contained copies of the Purchased Software.

 

1.2.4    All right, title and interest in and to all documentation, tutorials, instructions, help [Portions Omitted - included In fully Licensed Version] and items relative to the Purchased Software, and all proprietary rights, including Copyrights and other rights related thereto.

 

1.2.5    All right, title and interest of the Software Owner to all modifications, enhancements, improvements, [Portions Omitted - included In fully Licensed Version] in whole or in part upon the Purchased Software.

 

1.2.6    All right, title, and interest of the Software Owner in, to and under all license, [Portions Omitted - included In fully Licensed Version]cuments to which the Software Owner is a party or third party beneficiary which pertain, directly or indirectly, to the Purchased Software.

 

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.

 

ARTICLE II

SHAREWARE SOURCES

 

2.1            Upon execution hereof, Software Owner shall deliver to the Software Buyer, a complete and accurate l[Portions Omitted - included In fully Licensed Version]hich the Purchased Software has been included as Shareware and/or Demonstration Versions.

 

2.2            Upon execution hereof, Software Owner shall deliver to Software Buyer a complete and accurate listing of all [Portions Omitted - included In fully Licensed Version]ession regarding software users who have downloaded the Purchased Software as Shareware or Demonstration Versions from the Internet [Portions Omitted - included In fully Licensed Version] Software is available for download as Shareware.

 

2.3            The Software Buyer shall have the right to any and all revenues arising from the licensing of the Purchased S[Portions Omitted - included In fully Licensed Version]rom all shareware sources.

 

2.4            The Software Seller represents and warrants to the software buyer that it has never o[Portions Omitted - included In fully Licensed Version] as “freeware” through any source.

 

 

 

ARTICLE III

DELIVERY OF MEDIA AND DOCUMENTATION

 

      Upon execution of this Agreement, Software Owner shall deliver and convey to the Software Buyer (i) all media cont[Portions Omitted - included In fully Licensed Version]rchased Software in any form, (ii) all media containing [Portions Omitted - included In fully Licensed Version]of the Purchased Software, (iii) three (3) master copies of the [Portions Omitted - included In fully Licensed Version] master copies shall include both the source code and object code forms of the Purchased Software, (iv) all d[Portions Omitted - included In fully Licensed Version], and other documentation described in this Agreement, (v) all customer lists, [Portions Omitted - included In fully Licensed Version] listings required by the terms of this Agreement, (vi) original Certificates of Registration of all aspects of the Purchased Software and other rights conveyed hereunder, (vii) an originally executed[Portions Omitted - included In fully Licensed Version]onveyed hereunder, (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, e[Portions Omitted - included In fully Licensed Version] internal memorandum, and related correspondence.

 

 

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 B[Portions Omitted - included In fully Licensed Version]nsaction and to purchase the Purchased Software.  All such representations and warranties shall survive the conveyance of the Purchased Software.

 

4.1            Software Owner has the exclusive rights in and to the Purchased Software, including all tangible and intangible property rights to all components of the Purchased Software and other items co[Portions Omitted - included In fully Licensed Version] patents, copyrights trademarks, trade secrets or other proprietary rights of any other party.

 

4.2            Software Owner (or bona fide employees) performed all work related to the development of the Purchased[Portions Omitted - included In fully Licensed Version]thor” of the Purchased Software as that term is defined under the United States Copyright Act.

 

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            The Purchased Software is fully eligible for protection under the United States Copyright Act as an o[Portions Omitted - included In fully Licensed Version] and upon consummation of the conveyance described herein all such rights will be conveyed unconditionally and in perpetuity to the Software Buyer.

 

4.5            From and after the date hereof, Software Owner shall not disclose and shall take all affirmative actions necessary to protect against the disclosure or use (use by any third party or by the Software Owner)[Portions Omitted - included In fully Licensed Version]related to the development of the Purchased Software.  Software Owner acknowledges and agrees that all such information [Portions Omitted - included In fully Licensed Version]hase Software and that the release, disclosure or use of such information would have an adverse affect on the ability of the Software buyer to use and [Portions Omitted - included In fully Licensed Version].  As such, such information shall be considered a “trade secret” of the Software Buyer.

 

4.6            All source code and other systems specifications have been protected as trade secrets and have not been d[Portions Omitted - included In fully Licensed Version].  All employees who have had access to any of the same are bound to enforceable confidentiality agreements.

 

4.7            Appropriate copyright notices [Portions Omitted - included In fully Licensed Version] of the Purchased Software.

 

4.8            Any and all independent contractors who have contributed any aspect of the development [Portions Omitted - included In fully Licensed Version] and conveyed all of their rights in and to any aspect of the Purchased Software to the Software Owner so that upon conveyance hereunder to the Softw[Portions Omitted - included In fully Licensed Version] have full and unrestricted title and right to all aspects of the Purchased Software and will not be subject to any claims from any s[Portions Omitted - included In fully Licensed Version]or any other party.

 

4.9            Software Owner has not entered into any remarketer agreements, distributions agreements or licenses, or a[Portions Omitted - included In fully Licensed Version] or gives and right to any other party or places any obligation on the Software Owner regarding the marketing, sale or advertising of the Purchased Software.

 

 

ARTICLE V

LICENSE AGREEMENTS

 

5.1            Software Owner represents and warrants to the Software Purchaser that it has not granted or licensed any [Portions Omitted - included In fully Licensed Version] 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 End-User License is in full force and effect with each of the end users listed in Exhibit “B” attached [Portions Omitted - included In fully Licensed Version] End-User License attached hereto as Exhibit “A” has been used in connection with the license of any rights to use the Purchased Software.  Such End-User Licenses have [Portions Omitted - included In fully Licensed Version] or modified in any way from the form attached hereto as Exhibit “A”.

 

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 to be rendered in connection with any End-[Portions Omitted - included In fully Licensed Version], modifications, customer support or any other service and Software Owner indemnifies and holds Software buyer harmless from and against any and all costs associated with the same.

 

5.5            Software Owner represents and warrants that each end-User License is fully assignable to the Software Purchaser[Portions Omitted - included In fully Licensed Version]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 [Portions Omitted - included In fully Licensed Version]etains responsibility for all matters which accrued prior to the date of this Agreement.

 

5.7            Software Owner shall retain any and all amount paid to the Software Owner relative to the End-User Licenses [Portions Omitted - included In fully Licensed Version]of this Agreement.  Software Buyer shall retain all revenues received relative to the End-User Licenses on or after the date of this Agreement.

 

5.8            Software Owner shall be obligated to notify all end users listed on Exhibit “B” hereto that Software Owner has [Portions Omitted - included In fully Licensed Version] Software to the Software Buyer. Such notification shall include be in form reasonably satisfactory in form and content to the Software Buyer.  Such not[Portions Omitted - included In fully Licensed Version]ted within ten (10) days of the date hereof.  Any subsequent communication with respect to the Purchased Software shall be directed to the Software Buyer.

 

 

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[Portions Omitted - included In fully Licensed Version] and to record said assignments with all applicable governmental offices and confirm the Software Buyer’s ownership to any third party.

 

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[Portions Omitted - included In fully Licensed Version], (ii) providing depositions and court testimony confirming ownership and conveyance, (iii) executing ce[Portions Omitted - included In fully Licensed Version], and (iv) such other [Portions Omitted - included In fully Licensed Version] are reasonably requested by the Software Buyer.

 

 

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 Specifi[Portions Omitted - included In fully Licensed Version] the Software Buyer in all material respects.  Software Owner shall be responsible to the Software Buyer for all costs and [Portions Omitted - included In fully Licensed Version] that are necessary to cause the Purchased Software to function to specification as a whole or in connection with any End-User.

 

7.2            Except as otherwise specifically warranted in this Agreement, SOFTWARE OWNER DISCLAIMS ALL OTHER WARRANTIES OF ANY KIND, [Portions Omitted - included In fully Licensed Version]LIMITED TO ANY WARRANTY OF [Portions Omitted - included In fully Licensed Version] A PARTICULAR PURPOSE.

 

ARTICLE VIII

MISCELLANEOUS PROVISIONS

 

  

8.1          Notices. Any notification or written communication required by or contemplated under the terms of this Agreement shall be in writing and shall deemed to be delivered if transmitted via Email at the Email addresses li[Portions Omitted - included In fully Licensed Version]riting and sent by United States Mail, Certified Mail, Return Receipt Requested and shall be deemed to have been delivered five (5) business days after the date of mailing. Addresses and Email addresses for such notices shall be:

 

 

 

If To Software Buyer: _____________________________________________

 

If To Software Owner: ______________________________________________

 

8.2          No Assignment. Neither this Agreement nor any right, interest, duty or obligation hereunder may be assigned by the parties heret[Portions Omitted - included In fully Licensed Version] the transfer of the Purchased Software and shall be for the benefit of any subsequent assignee or purchaser of the Purchased Software from the Software Buyer.

 

8.3          In interpreting the terms of this Agreement, the parties agree that the laws of the State of ___________ shall be applicable. All suits permitted to be brought in any court shall be venued in __________ County, State of ____________.

 

8.4          This Agreement contains the entire agreement and understanding of the parties with respect to the subject matter hereof and supercedes and replaces all prior discussions, agreements, proposals, understandings, whether orally or in writing, between the parties related to the subject matt[Portions Omitted - included In fully Licensed Version] agreement that is duly executed by authorized representatives of the parties. If any provisions hereof is deemed to be illegal or unenforceable by a court of competent jurisdiction, the enforceability of effectiveness of the remainder of the Agreement shall not be effected and this Agreement shall be enforceable without reference to the unenforceable provision. No party’s waiver of any breach or accommodation to the other party shall be deemed to be a waiver of any subsequent breach.

 

 

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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