Copyright Ownership Assignment Agreement

A Copyright Ownership Assignment Agreement is a legal contract that transfers ownership of a copyright from one party (the assignor) to another party (the assignee). The agreement typically includes a description of the copyrighted work, a statement of the assignor’s ownership and right to transfer, a grant of all or part of the exclusive rights in the work, a payment or royalty provision, and a warranty of title and non-infringement. The agreement may also include provisions for the reversion of rights, the reservation of certain rights, and the indemnification of the assignee. The purpose of the agreement is to convey the legal and economic benefits of the copyright to the assignee and to allow them to exploit and protect the work.