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Confirmatory Assignment Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Confirmatory Assignment Agreement

"I need a Confirmatory Assignment Agreement to formalize a previous verbal assignment of software patents and related IP rights from our Hong Kong subsidiary to the parent company, with the original transfer having occurred in January 2025."

Document background
The Confirmatory Assignment Agreement is a crucial legal instrument used in Hong Kong when parties need to formally confirm and strengthen the documentation of a previous transfer of intellectual property rights or other assets. This type of agreement is particularly valuable when the original assignment may have been informal, imprecisely documented, or when additional certainty is required for registration purposes. It's commonly used in corporate restructuring, M&A transactions, or when preparing for due diligence. The agreement must comply with Hong Kong's legal requirements, including the relevant IP ordinances and registration procedures. It typically includes detailed information about the original assignment, specific descriptions of the transferred rights, warranties, and provisions for registration with Hong Kong authorities. This document is essential for risk management and creating a clear chain of title for valuable intellectual property assets.
Suggested Sections

1. Parties: Identification of the Assignor and Assignee, including full legal names and registered addresses

2. Background: Recitals explaining the context of the original assignment and reason for confirmation

3. Definitions: Definitions of key terms used in the agreement, including specific IP rights being confirmed as assigned

4. Confirmation of Assignment: Express confirmation of the previous assignment and its effective date

5. Rights Assigned: Detailed description of the intellectual property rights confirmed as assigned

6. Warranties and Representations: Assignor's warranties regarding ownership, right to assign, and non-infringement

7. Further Assurance: Obligation to execute additional documents and take necessary steps to perfect the assignment

8. Registration: Provisions regarding the registration of the assignment with relevant authorities

9. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction

10. Execution: Signature blocks and execution formalities

Optional Sections

1. Consideration: Required if there is any new consideration for the confirmatory assignment

2. Tax Provisions: Include when there are specific tax implications or stamp duty requirements

3. Confidentiality: Include when there is sensitive information about the IP or original assignment

4. Foreign Registration: Include when the assigned rights exist in multiple jurisdictions

5. Outstanding Obligations: Include when there are remaining obligations from the original assignment

6. Third Party Rights: Include when the rights of third parties might be affected by the assignment

7. Costs: Include when there are significant costs associated with registration or perfection of the assignment

Suggested Schedules

1. Schedule 1 - Details of Original Assignment: Copy or details of the original assignment agreement including date and parties

2. Schedule 2 - Intellectual Property Rights: Detailed list and description of all IP rights covered by the assignment

3. Schedule 3 - Registration Details: List of registration numbers and details for registered IP rights

4. Schedule 4 - Outstanding Actions: List of actions required to perfect the assignment in all relevant jurisdictions

5. Appendix A - Forms: Relevant IP registration forms required by Hong Kong authorities

6. Appendix B - Powers of Attorney: If required for registration purposes in any jurisdiction

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Technology

Manufacturing

Pharmaceuticals

Media and Entertainment

Research and Development

Fashion and Design

Software Development

Biotechnology

Consumer Goods

Professional Services

Relevant Teams

Legal

Intellectual Property

Research and Development

Innovation

Corporate Affairs

Compliance

Business Development

Executive Leadership

Company Secretariat

Technology Transfer

Relevant Roles

Legal Counsel

Intellectual Property Manager

Chief Legal Officer

Chief Technology Officer

Research Director

Innovation Manager

Commercial Director

Compliance Officer

Corporate Secretary

Patent Attorney

Trademark Attorney

Business Development Manager

Chief Executive Officer

Head of Research and Development

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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