Assignment of Letters Patent

Assignment of Letters Patent

ASSIGNMENT OF LETTERS PATENT

(Entire interest/Aliquot or Aliquant part of entire interest in
Invention/Utility Model/Design)

KNOW ALL MEN BY THESE PRESENTS:

This ASSIGNMENT OF LETTERS PATENTS for an/a

execute by and between:


(Title of Invention/Utility Model/Design)

[Name of Patentee(s)/Assignor(s)]

of ______

[Address(es) of Patentee(s)/Assignor(s)]

hereinafter called the ASSIGNEE(S), and

[Name of Assignee(s)]

of

[Address(es) of Assignee(s)]

hereinafter called the ASSIGNEE(S).

WITNESSETH:

1. That the ASSIGNOR(S) has/have obtained letters patent of the Philippines for an/a

Title of Invention/Utility Model/Design)

Under Letters Patent No.______,issued on ,20___, by the Intellectual Property Office;

2. That the ASSIGNEE(S) is/are desirous of acquiring an interest therein;

3. That good and valuable consideration, receipt of which is hereby acknowledged, the ASSIGNOR(S)

does/do hereby sell, assign, and transfer unto the said ASSIGNEE(S) the

(Entire interest/Aliquot or Aliquant part of the entire interest)

of the right, title and interest in and to the Invention/Utility Model/Design and in and to the letters patent

aforesaidfor, to, and in the

(Territory of the Philippines and/or in allforeign countries)

and for, to, or in other place or places, the same tobe held and enjoyed by herein ASSIGNEE(S) within and
throughout the above-specified territory, but not elsewhere, for his/her/its/their own use and behalf, and for
his/her/its/their legal representatives, to the full end of the term for which said letters patent is granted, as fully
and entirely as the same would have been held by ASSIGNOR(S) herein had this Assignment and sale not been
made; and

4. That the ASSIGNEE(S) by virtue hereof, does/do hereby appoint

of

as his/her/its/their attorney and/or agent and representative in the Philippines, to facilitate the recording of this

Assignment, to prosecute the subject application for letters patent, to receive the Letter Patent, to transact all

businessinthe Intellectual Property Office in connection therewith, and upon whom may be serve thecorresponding

notices or processes, thereof.

In WITNESS WHEREOF, THE undersigned ASSIGNOR(S) and ASSIGNEE(S) have executed these

presents this ______day of ______,20 ____ at ______.

ASSIGNOR(S) ASSIGNEE(S)

Signed in the Presence of :

______

WITNESS WITNESS

______

Payment of fees depend upon whether the entity is small or big.

Invention Utility Model/Design

Small Big Small Big

6. This[ ]is/ [ ]is not a first assignmentof Patent from a small to a big entity.

5. The ASSIGNOR(S) is/are big [ ]/small [ ] entity(ies).

The ASSIGNEE(S) is/are big [ ]/small [ ] enitity(ies).

Recordal of Istassignment
of issued patent from small
to big entity, plus publication fee

(a)

P 7,200 P4,000

(b) Publication Fee

(at cost; minimum:P960)

(c) Legal Research Fund

A small entity shall be construed as any business enterprise engaged in any business activity orindustry, agri-
business and/or services, whether single proprietorship, cooperative, partnership or corporation, whose total
asset is One hundred million pesos ( P100,000,000.00) or less; otherwise it shall be considered as a big entity.

An applicant shall be presumed a big entity except when a sworn statement is submitted claiming the contrary.

1% of the total remitted amount but in no case less than2.00

A C K N O W L E D G E M E N T

______): S.S.

______)

BEFORE ME, Notary Public for and in ______

______

personally appeared: ______

______

______

______

known to me to be same persons who execute the foregoing instrument, and they acknowledged to me that the same is their free act and deed.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal this______day ______, 20_____, at ______, Philippines.

NOTARY PUBLIC

Doc. No. ______;

Page No. ______;

Book No. ______;

Series of ______;