ASSIGNMENT OF PATENT

THIS DEED OF ASSIGNMENT made at ...........on this day of...........20 ...........between A son of
Shri ........... resident of(hereinafter called "the Assignor") of the ONE PART and Shri .............
son of Shri ...........resident of...........(hereinafter called "the Assignee") of the OTHER PART.
 
WHEREAS
 
(1) The assignor is the inventor and patentee in respect of ........... and he has the exclusive
privilege and authority to use the said patent as set out in the Schedule hereto (hereinafter
called as the "said patent") for a period ...........years from ...........subject to the prescribed fee.
 
(2) The assignee has approached the assignor to assign the benefit of said invention and the
patent and, the assignor has agreed to do so for a consideration of Rs . ............
 
 
NOW THIS DEED OF ASSIGNMENT WITNESSES THAT:
 
In pursuance of the said agreement and in consideration of the said sum of Rs, ...........paid by
the assignee to the said assignor (the receipt whereof the assignor hereby acknowledges), the
said assignor as beneficial owner hereby, transfer and assign unto the assignee all that the said
patent and all the benefits and advantages thereof to HAVE AND TO HOLD THE SAME and the
said assignor hereby covenants with the said assignee that the said patent is valid and
subsisting.

And the said assignor further covenants with the said assignee that on the request and cost of
the assignee, the assignor shall do all acts and make such writings or statements as shall be
necessary for the registration of the assignment with the Controller of Patents and Designs
under the provisions of the Indian Patents and Designs Acts, 1911.
 
 
IN WITNESS WHEREOF the parties hereto have hereunto set and subscribed their respective
hands the day and year first hereinabove written.
 
WITNESSES
1 Signed and delivered by A, the withinnamed assignor

 
2. Signed and delivered by B, the withinnamed assignee