Free Consent Agreement Template
Consent Agreement of Ownership
This Consent Agreement (hereinafter referred to as the "Agreement") is made and entered into this 1st day of March 2050, (the "Effective Date") by and between MarkeyMarkets, a corporation organized and existing under the laws of the city of New York, with its head office located at 942 Snowbird Ln., NY, NY 10005 (hereinafter referred to as the "Granter") and ToTechniUseful a corporation organized and existing under the laws of the state of California, with its office located at 3119 Windy Ridge Rd., LA, CA 90008 (hereinafter referred to as the "Seeker").
Purpose of the Agreement
This Agreement sets forth the terms and conditions under which intellectual property created during the course of joint work or collaboration between the Granter and Seeker, will be owned and managed. The intellectual property may include but is not limited to, copyrights, patents, trade secrets, trademarks, and service marks.
Terms and Obligations
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Any intellectual property developed collaboratively by the Parties will be jointly owned.
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Each Party will promptly disclose any intellectual property arising from the collaborative work to the other Party.
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The seeker will obtain consent from Granter prior to using the shared intellectual property for any purposes outside of the agreed collaboration.
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Granter retains the right to use the shared intellectual property for other purposes not conflicting with Seeker's interests.
Confidentiality
Both Parties agree to treat all information regarding the shared intellectual property as confidential and agree not to disclose such information to any third party without the prior written consent of the other Party.
Release of Claims
Seeker and Granter herein release each other from any and all claims, liabilities, demands, actions, causes of action, costs, and expenses, at law or in equity, whether now known or unknown, arising out of the shared intellectual property.
Duration and Termination
This Agreement shall become effective as of the Effective Date and will continue until terminated by either party with 30 days written notice. Upon termination, each Party's rights to the jointly owned intellectual property will remain unaffected.
This Agreement is binding upon and inures to the benefit of the Parties and their respective heirs, executors, administrators, successors, and assigns.
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MarkeyMarkets
Date: March 1, 2050
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ToTechniUseful
Date: March 1, 2050
