Spiegel & Utrera P.A.'s
FREE CLIENT USER ACCOUNT
No Credit Card Required
Spiegel & Utrera, P.A. is a fully licensed law firm that delivers professional legal services at extremely affordable prices.

ASSIGNMENT OF SOFTWARE OWNERSHIP RIGHTS AGREEMENT
(Language more favorable to Buyer)

Information & Benefits:
The following information and benefits is what distinguishes us from other online providers.

Assignment
Designer/Developer ("Assignor") assigns to another ("Assignee") all right, title and interest (choate or inchoate) in (i) the subject matter referred to in Exhibit A ("Software"), (ii) all precursors, portions and work in progress with respect thereto and all inventions, works of authorship, mask works, technology, information, know-how, materials and tools relating thereto or to the development, support or maintenance thereof and (iii) all copyrights, patent rights, trade secret rights, trademark rights, mask works rights and all other intellectual rights of any sort and all business, contract rights and goodwill in, incorporated or embodied in, used to develop, or related to any of the foregoing (collectively "Intellectual Property").

Consideration
What will the Assignee exchange for the rights assigned by Assignor? Money or money's worth can include cash, stock or other property in any combination. The nature of the exchange may warrant additional investigation in order to ascertain the tax consequences and often, a tax-free exchange can be designed. However, never forget to reduce the terms of any such transfer into writing. Therefore, if the Assignor will receive stock for his rights, the issuance of shares should be pursuant to a Stock Purchase Agreement.

Warranty
In any assignment, the Assignor should promise that it: (i) was the sole owner (other than the Assignee) of all rights, title and interest in the Intellectual Property and, (ii) has not assigned, transferred, licensed, pledged or otherwise encumbered any Intellectual Property or agreed to do so, (iii) has full power and authority to enter into this Agreement and to make the assignment, (iv) is not aware of any violation, infringement or misappropriation of any third party's rights (or any claim thereof) by the Intellectual Property, [(v) was not acting within the scope of employment by any third party when conceiving, creating or otherwise performing any activity with respect to anything purportedly assigned.

Further Assurances
Assignor should also promise to assist the Assignee in every legal way to evidence, record and perfect the assignment and to apply for and obtain recordation of and from time to time enforce, maintain, and defend the assigned rights.

Power of Attorney
If the Assignee is unable for any reason whatsoever to secure the Assignor's signature to any document it is entitled to under this Section, Assignor hereby irrevocably designates and appoints the Assignee and its duly authorized officers and agents, as his agents and attorneys-in- fact with full power of substitution to act for and on his behalf and instead of Assignor, to execute and file any such document or documents and to do all other lawfully permitted acts to further the purposes of the foregoing with the same legal force and effect as if executed by Assignor.

Confidential Information
Assignor will not use or disclose anything assigned to the Assignee hereunder or any other business information or plans of the Assignee, except to the extent Assignor
can document that it is generally available (through no fault of Assignor) for use and disclosure by the public without any charge, license or restriction and agrees that there is no adequate remedy at law for a breach, that such a breach would irreparably harm the Assignee and that the Assignee is entitled to equitable relief (including, without limitations, injunctions) with respect to any such breach or potential breach in addition to any other remedies.

Taxes
The assignment and stock issuance hereunder is intended to qualify for tax-free treatment
under Internal Revenue Code Section 351. See the explanation of IRC Section 351 in Section C of Chapter I; if Section 351 criteria are not met, the transaction will likely be taxable even though Developer receives only illiquid stock as consideration.

Severability
In the event any part, portion or provision or paragraph of this Agreement is declared void or invalid, the remaining portions of this Agreement are not affected and remain in full force and effect.

Mediation and Arbitration
Mediation and Arbitration should always specify a location in a convenient jurisdiction (preferably, in the same county where they run their business). Mediation is a non-binding way to settle the dispute quickly and amicably. If unable to settle in mediation, arbitration is first option available. Arbitration is the preferred alternative to litigation because of speed, cost, and ability to maintain low profile (no info is publicly available).

Governing Law
Always stipulate that the contract will be governed under the law and jurisdiction where business is conducted. Always make sure that venue and jurisdiction are convenient.

No Modification or Waiver
No modifications except those specifically agreed upon by the parties in writing. Any waiver of a term or provision will not act as a waiver of any other provision.

Entire Agreement
This agreement constitutes the entire agreement of the parties and may be modified only in a writing executed by both parties.

Notices
Notices should always list the current and best addresses where each party may contact the other for whatever reason.

Get your price for this agreement now!


Real Lawyers. Real People.
Spiegel & Utrera, P.A. : Affordable Agreements. Custom-Fit Contracts.

Why do I need a Legal Contract or Agreement?

SPIEGEL & UTRERA, P.A. is your one source for business legal services.

Would you rather speak to a lawyer? A Spiegel & Utrera, P.A. associate is ready to take your call.

Spiegel & Utrera, P.A.
MiamiTampaFort Lauderdale
1840 Coral Way
4th Floor
Miami, FL 33145
Toll Free: (800) 603 - 3900
(305) 854-6000
Fax: (305) 857-3700
Natalia Utrera, Esq.,
Managing Attorney
3623 West Kennedy Blvd.
Tampa, FL 33609
Toll Free: (800) 658-5900
(813) 871-5400
Fax: (813) 870-2500
William M Homsi, Esq.,
Managing Attorney
3526 North Federal Highway
Ft. Lauderdale, FL 33308
Toll Free: (800) 465-8500
(954) 630-9800
Fax: (954) 561-7900
Natalia Utrera, Esq.,
Interim Managing Attorney
OrlandoNew York CityLong Island
707 East Colonial Drive
Suite B
Orlando, Florida 32803
Toll Free: (888) 991-9700
(407) 898-5500
Fax: (407) 894-5700
William M. Homsi, Esq.,
Managing Attorney
1 Maiden Lane
5th Floor
New York, NY 10038
Toll Free: (800) 576-1100
(212) 962-1000
Fax: (212) 964-5600
Daniel S. Finnegan, Esq.
Managing Attorney
55 Jericho Turnpike
Suite 202
Jericho, NY 11753
Toll Free: (888) 797-6200
(516) 338-9100
Fax: (516) 338-9200
Jai H. Cha, Esq.
Managing Attorney
DelawareChicagoClifton, NJ
9 East Loockerman Street
Suite 3A
Dover, DE 19901
Toll Free: (888) 641-3800
(302) 744-9800
Fax: (302) 674-2100
Courtney Riordan, Esq.
Managing Attorney
123 West Madison Street
Suite 806
Chicago, IL 60602-4620
Toll Free: (888) 514-9800
(312) 443-1500
Fax: (312) 443-8900
Melody Ashby, Esq.
Managing Attorney
642 Broad St., Suite 2
Clifton, NJ 07013
Toll Free: (888) 336-8400
(973) 473-2000
Fax: (973) 778-2900
Michael L. Simon, Esq.
Managing Attorney
Los AngelesUnited KingdomLas Vegas
4727 Wilshire Blvd.
Suite 601
Los Angeles, CA 90010
Toll Free: (888) 520-7800
(323) 936-3400
Fax: (323) 939-5600
Stephanie Stubbe, Esq.,
Managing Attorney
Spiegel & Utrera, Ltd.
"Your Gateway to Europe"

11 Murray Street, London NW19RE
Telephone: 011 44 207 284 3700
Fax: 011 44 207 284 3533
Toll Free: 0 800 917 1200
Fax: 0 800 169 2300
Russell D. Williams, Esq.
Managing Solicitor
www.spiegelutrera.co.uk
1785 E Sahara Ave
Suite 490
Las Vegas, NV 89104
Toll Free: (888) 530 4500
(702) 364 2200
Fax: (702) 458 2100
Michael R. Carrigan, Esq.,
Managing Attorney
   
 General Counsel Club® 
Back to TopUnlimited Legal & Business Advice
JOIN TODAY!
Toll Free: 1 (800) 734 - 9900
         Fax: 1 (800) 520 - 7800
Natalia Utrera, Esq.,
Managing Attorney
Back to Top

Material presented on AmeriLawyer.com is intended for information purposes only. It is not intended as professional advise and should not be construed as such. The U.S. Treasury Department requires us to inform you than any information obtained from this website is not intended or written by our law firm to be used, and cannot be used by any taxpayer, for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code. Advice from our firm relating to Federal tax matters may not be used in promoting, marketing or recommending any entity, investment plan or arrangement to any taxpayer.

Copyright ©MMI, ©MMIV, ©MMV, ©MMIX Spiegel & Utrera, P. A.
All Rights Reserved
View this site in Français  Español  Italiano  Deutsch  German  Português
Spiegel & Utrera, P.A. and Amerilawyer.com
Privacy Policy
Internal Revenue Service
Circular 230 Policy
Spiegel & Utrera, P.A. and Amerilawyer.com
Service Terms & Cancellation Policy