| Acquisition Agreement for Co-Ownership Rights in Software ($25.00) | |
Use this template to create an Acquisition Agreement for Co-Ownership Rights, between a software developer (vendor) and an investor (purchaser) who wishes to acquire a percentage co-ownership right in the vendor software in return for its investment in the project. Key provisions include:
- purchaser also purchases the patent rights;
- each party retains all rights to its own subsequent modifications to the software;
- non-competition covenant by purchaser;
- purchaser grants vendor a worldwide non-exclusive royalty-free license to use the patent rights.
This is a generic legal document in MS Word format, and is not specific to any country or region.
Click here to download this file.
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