Intellectual Property Waiver
Intellectual Property Waiver
Prepared by: [YOUR NAME]
Organization: [YOUR COMPANY NAME]
Contact Information:
Email: [YOUR COMPANY EMAIL]
Phone: [YOUR COMPANY NUMBER]
Address: [YOUR COMPANY ADDRESS]
I. Introduction
This Intellectual Property Waiver Agreement ("Agreement") is entered into by and between [YOUR COMPANY NAME] ("Company") and the undersigned ("Recipient"). The purpose of this Agreement is to permit the Recipient to access certain proprietary materials, for which the Company wishes to waive certain rights to intellectual property as specified herein.
II. Definitions
"Intellectual Property" refers to all intellectual works that are potentially protectable or protected under the copyright, trademark, patent, or trade secret laws, including but not limited to written materials, drawings, designs, software, inventions, ideas, and other creative work developed by the Company.
III. Waiver of Intellectual Property Rights
The Company hereby waives its rights to any claims of intellectual property against the Recipient concerning the use, modification, or distribution of the specified Intellectual Property received under this Agreement, which is outlined below:
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Description of the intellectual property involved: [DESCRIPTION OF INTELLECTUAL PROPERTY]
IV. Conditions and Limitations
This waiver is granted provided that:
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The Recipient uses the intellectual property in accordance with the agreed terms and conditions stated here and for the purpose described: [SPECIFY PURPOSE].
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The intellectual property is not used for any illegal activities or in violation of any applicable laws.
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The rights waived are only those specifically described herein, and all other rights, including future rights to modifications or derivative works, are reserved by the Company.
V. Term and Termination
This waiver remains in effect until [END DATE] unless terminated earlier by either party with at least [NOTICE PERIOD] days' written notice to the other party.
VI. Miscellaneous
This Agreement represents the entire agreement between the parties regarding the waiver of intellectual property rights. Any amendments or modifications must be in writing and signed by authorised representatives of both parties. This Agreement shall be governed by and construed in accordance with the laws of [JURISDICTION].
VII. Signatures
By signing below, both parties acknowledge and consent to the terms stated in this Agreement voluntarily.
Company Representative:
Name: [REPRESENTATIVE NAME]
Title: [REPRESENTATIVE TITLE]
Date: [DATE]
Signature:
Recipient:
Name: [RECIPIENT NAME]
Date: [DATE]
Signature:
