What matters must be agreed upon in the contract during the patent transfer process?

A legally binding Contract must be signed during the patent transfer process. So what are the specific matters that must be agreed upon in the contract? What legal protections are there for the transferee? Below is the relevant content compiled by the editor of Legal Savior Network for everyone. You are welcome to read it.

What are the matters that must be agreed upon in the contract during the patent transfer process

①Item Name: The project name should indicate a certain invention, utility model or design patent rights transfer contract.

②The name and content of the invention shall be Concise and clear professional terms should accurately and summarily express the name of the invention and creation, the professional technical field to which it belongs, the status of the existing technology and the substantive features of the invention and creation.

③Patent application date, patent number, application number and validity period of the patent right.

④ Patent implementation and implementation licensing. Some patent rights transfer contracts are concluded after the transferor or a third party enters into a patent implementation licensing contract. This kind of The situation should state whether the transferor continues to implement or have entered into the patent, how the rights and obligations of the implementation license contract are transferred, etc.

⑤The list of technical information materials should at least include the invention description, drawings and other technical materials necessary for general professional and technical personnel in the technical field to implement the invention and creation.

⑥Price and payment method.

⑦The calculation method of liquidated damages or loss compensation.

⑧For dispute resolution, if the parties are willing to submit the dispute to an arbitration institution trusted by both parties, the arbitration institution should be specified in the contract. Clarifying the mutually accepted technical contract arbitration, this clause has the effect of excluding jurisdiction.

In summary, the editor has compiled for you the content of the specific stipulations in the contract when transferring patent rights. If you have more related consultations, you are welcome to go to Legal Savior Seek help from a professional lawyer online.