This Trademark Transfer Agreement (“Agreement”) is entered into on this ____ day of ________, 20, (the “Effective Date”) by and between:
[City, State, Pin Code]
[Transferor’s Email Address]
[City, State, Pin Code]
[Transferee’s Email Address]
(collectively referred to as the “Parties” and individually as a “Party”).
WHEREAS, the Transferor is the registered owner of the trademark [Trademark], registered under Registration No. [Registration Number] in Class [Class Number] in accordance with the provisions of the Trademark Act, [Year];
WHEREAS, the Transferor wishes to transfer all rights, title, and interest in the said trademark to the Transferee; and
WHEREAS, the Transferee wishes to acquire the said trademark from the Transferor and assumes all rights, obligations, and responsibilities associated with the said trademark.
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
Transfer of Trademark:
1.1 The Transferor hereby transfers and assigns all rights, title, and interest in the trademark [Trademark] to the Transferee, including any associated goodwill, registrations, and pending applications.
1.2 The Transferor represents and warrants that they have full authority to transfer the trademark and that there are no encumbrances, claims, or disputes affecting the validity or ownership of the trademark, except as disclosed to the Transferee.
2.1 In consideration for the transfer of the trademark, the Transferee agrees to pay the Transferor the sum of [Amount in Words] ([Amount in Numbers]) as the total consideration for this transfer, payable as follows: [Payment Terms].
Transfer of Rights and Obligations:
3.1 The Transferor shall transfer all associated rights, benefits, and obligations relating to the trademark, including any licenses, agreements, or contracts related thereto, to the Transferee.
3.2 The Transferee shall assume all responsibilities and liabilities associated with the trademark from the Effective Date and indemnify the Transferor against any claims, losses, damages, or expenses arising out of the use or ownership of the trademark after the Effective Date.
4.1 The Transferor agrees to cooperate with the Transferee and execute any necessary documents, provide information, and take any other actions reasonably required to complete the transfer of the trademark.
Governing Law and Jurisdiction:
5. This Agreement shall be governed by and construed in accordance with the laws of [State/Country]. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of [City/State/Country].
6. This Agreement constitutes the entire understanding between the Parties concerning the subject matter hereof and supersedes all prior agreements, negotiations, and understandings, whether oral or written, relating to the same.
7. If any provision of this Agreement is found to be invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect.
IN WITNESS WHEREOF, the Parties hereto have executed this Trademark Transfer Agreement as of the Effective Date.