WHEREAS JAMES SMITH on the ___ day of ___ in the year ___, in the city of ___, ___ (Country), obtained a patent for improvements on ___, the number of said patent being ___; and
WHEREAS JAMES SMITH is the sole owner of said patent and invention; and
WHEREAS RICHARD ROE, residing in the city of ___, ___ (Country), is desirous of acquiring all rights to said patent,
NOW THEREFORE, in consideration of the sum of ___ dollars paid to me by said RICHARD ROE, receipt of which is hereby acknowledged, I, JAMES SMITH, do hereby sell, assign, and transfer unto RICHARD ROE all my right, title, and interest in and to said patent and improvements, together with the original Letters Patent therefor, issued to me as aforesaid.
RICHARD ROE shall be the lawful owner and entitled to all the benefits granted under the terms of said patent. The assignment conveys all the rights and privileges heretofore held by me as if no sale had occurred.
IN WITNESS WHEREOF, I have hereunto set my hand and seal the ___ day of ___, in the year ___.
BEING PRESENT:
Witness: _______________________
JAMES SMITH: __________________
Signature: _____________________
Signature: _____________________
NOTE: A patent (Patent) is an exclusive right granted by the government's relevant department upon application by the inventor after review, confirming that the invention meets the legal conditions, allowing the inventor to use the invention exclusively within a certain period. This is known as a patent.
According to the provisions of patent laws in various countries, a new invention must possess novelty, progressiveness, and practicality to have practical value. Those without practical value cannot obtain patents.
Patent laws in various countries stipulate the protection period for patents as 10-20 years. After expiration, anyone can use it free of charge.
In international terms, patents are a form of private property, so patents can be transferred. That is, the legal holder of the patent certificate can sell the patent rights to others for use, and the purchaser becomes the legal owner.
Original article source: http://www.tombit.cn with the link: http://www.tombit.cn/soft/html/1281.html