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IP Assignment and License Agreement

The IP Assignment and License Agreement is an agreement which transfers the ownership and rights of IP described in the agreement from an individual (e.g. person who has created IP in connection with the company’s business before becoming a founder, employee, consultant or contractor) to the company. 

This agreement should only be used for straightforward circumstances to transfer existing IP, where such IP is easy to identify and define. IP must be described in sufficient detail to clearly identify what is assigned.

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