Ƶ

Intellectual Property Purchase Agreement for Malaysia

Intellectual Property Purchase Agreement Template for Malaysia

A comprehensive legal agreement governed by Malaysian law that facilitates the complete transfer of intellectual property rights from one party to another. This document covers the sale and purchase of various forms of intellectual property, including patents, trademarks, copyrights, and industrial designs. It includes detailed provisions for the transfer of ownership, warranties regarding the IP's validity and non-infringement, payment terms, and completion requirements, all while ensuring compliance with Malaysian intellectual property and contract laws.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Intellectual Property Purchase Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Intellectual Property Purchase Agreement?

The Intellectual Property Purchase Agreement is essential for businesses and individuals looking to transfer or acquire IP rights in Malaysia. This document is commonly used when companies are acquiring technology assets, during mergers and acquisitions, or when individual inventors are selling their IP rights to larger organizations. The agreement must comply with Malaysian intellectual property laws, including the Patents Act 1983, Trade Marks Act 2019, and Copyright Act 1987. It typically includes comprehensive details about the IP being transferred, warranties about ownership and validity, payment terms, and provisions for the registration of rights with relevant Malaysian authorities. This document is crucial for ensuring clean title transfer and protecting both parties' interests in IP transactions.

What sections should be included in a Intellectual Property Purchase Agreement?

1. Parties: Identifies and provides full details of the seller and purchaser of the intellectual property

2. Background: Contextual information about the IP, its creation/ownership, and the purpose of the transfer

3. Definitions: Defines key terms used throughout the agreement, including specific IP-related terminology

4. Sale and Purchase: Core terms of the transaction, including what IP is being sold and purchased

5. Purchase Price: Specifies the consideration and payment terms for the IP purchase

6. Completion: Details of when and how the transfer will be completed

7. Seller's Warranties: Warranties regarding ownership, validity, and non-infringement of the IP

8. Assignment and Transfer: Formal transfer provisions and requirements for registration of rights

9. Confidentiality: Obligations regarding confidential information disclosed during the transaction

10. Further Assurance: Obligations to execute additional documents and take necessary steps to perfect the transfer

11. Governing Law and Jurisdiction: Specifies Malaysian law as governing law and jurisdiction for disputes

What sections are optional to include in a Intellectual Property Purchase Agreement?

1. Taxation: Include when there are specific tax implications or arrangements for the IP transfer

2. Third Party Consents: Required when the IP transfer needs approval from other parties

3. Existing Licenses: Include when there are existing licenses that need to be addressed

4. Employee and Contractor Rights: Include when IP was created by employees or contractors who may have rights

5. Transition Services: Include when seller needs to provide support post-completion

6. Non-Competition: Include when seller should be restricted from competing using similar IP

7. Escrow Arrangements: Include when part of payment is held in escrow

8. Insurance: Include when specific insurance requirements are needed for the IP

What schedules should be included in a Intellectual Property Purchase Agreement?

1. Schedule 1 - IP Assets: Detailed description of all IP being transferred, including registration numbers

2. Schedule 2 - Registered Rights: List of all registered IP rights with registration details

3. Schedule 3 - Unregistered Rights: Description of unregistered IP rights being transferred

4. Schedule 4 - Existing Licenses: Details of any existing licenses, sublicenses or encumbrances

5. Schedule 5 - Form of Assignment: Template assignment documents for registrable rights

6. Schedule 6 - Completion Requirements: List of documents and actions required at completion

7. Schedule 7 - Payment Schedule: If payment is in installments or subject to conditions

8. Appendix A - Related Agreements: Copies or details of any related agreements affecting the IP

Authors

Alex Denne

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

Jurisdiction

Malaysia

Publisher

Ƶ

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions

























Clauses


































Relevant Industries

Technology

Pharmaceuticals

Manufacturing

Media and Entertainment

Research and Development

Software Development

Biotechnology

Consumer Goods

Education

Telecommunications

Fashion and Design

Publishing

Relevant Teams

Legal

Intellectual Property

Research and Development

Business Development

Commercial

Technology Transfer

Innovation

Corporate Development

Mergers and Acquisitions

Strategy

Relevant Roles

Chief Legal Officer

Intellectual Property Lawyer

Legal Counsel

Chief Technology Officer

Research Director

Innovation Manager

Business Development Manager

Licensing Manager

Patent Attorney

Commercial Director

Chief Executive Officer

Technology Transfer Officer

General Counsel

IP Portfolio Manager

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

Find the exact document you need

Lease Option To Buy Contract

A Malaysian law-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both lessor and lessee/potential buyer.

find out more

Legal Purchase Agreement

A Malaysian law-governed agreement documenting the terms and conditions for the sale and purchase of goods, assets, or property between parties.

find out more

Exclusive Buyer Agreement

A Malaysian law-governed agreement establishing an exclusive relationship between a buyer and real estate agent for property acquisition services.

find out more

Discount Agreement

A Malaysian law-governed agreement establishing discount terms and conditions between commercial parties, including discount structures, thresholds, and implementation processes.

find out more

Website Sale Agreement

A Malaysian law-governed agreement for the sale and transfer of website ownership, including all associated digital assets and intellectual property.

find out more

Securities Purchase Agreement

Malaysian law-governed agreement for the purchase and sale of securities, complying with local regulatory requirements and market practices.

find out more

Equity Investment Contract

A Malaysian law-governed agreement detailing terms and conditions for equity investment in a company, including share allocation, investor rights, and protective provisions.

find out more

Used Car Purchase Agreement

A Malaysian law-governed agreement for the sale and purchase of a used vehicle, detailing terms, conditions, and ownership transfer requirements.

find out more

Car Purchase Contract

A Malaysian law-governed agreement for the sale and purchase of a motor vehicle, detailing terms of sale, vehicle specifications, and ownership transfer requirements.

find out more

Agreement For Hire Purchase Of A Motor Vehicle

A Malaysian law-governed agreement for the purchase of motor vehicles through installment payments, regulated by the Hire-Purchase Act 1967.

find out more

Agreement For Advance Payment For Purchase Of House

A Malaysian law-governed agreement establishing terms for advance payments in house purchases, protecting both buyer and seller interests.

find out more

Heavy Equipment Purchase Agreement

Malaysian-law governed agreement for heavy equipment purchase, detailing specifications, terms, warranties, and compliance requirements.

find out more

Shares Agreement

A Malaysian law-governed agreement detailing the terms and conditions for the transfer of shares between parties, ensuring legal compliance and protection of stakeholders' interests.

find out more

Car Lease To Own Agreement

A Malaysian law-governed agreement establishing terms for vehicle lease-to-own arrangements, compliant with the Hire-Purchase Act 1967.

find out more

Equipment Purchase Contract

Malaysian law-governed agreement for equipment purchase, covering specifications, payment terms, and delivery conditions under local commercial regulations.

find out more

Offer To Purchase Agreement

A Malaysian legal document presenting a formal offer to purchase property, outlining key terms and conditions under Malaysian law.

find out more

Business Sale Contract

A Malaysian law-governed agreement for the sale and purchase of a business, covering all aspects of ownership transfer and related obligations.

find out more

Public Offer Agreement

A Malaysian law-governed agreement setting out terms and conditions for public offers of products or services to potential customers.

find out more

Buyback Agreement

A Malaysian law-governed agreement setting out terms for the repurchase of assets, shares, or securities, complying with local corporate and securities regulations.

find out more

Standby Bond Purchase Agreement

A Malaysian law-governed agreement establishing a financial institution's commitment to purchase bonds under specified conditions, providing liquidity support for bond issuances.

find out more

Sale Agreement For House

A Malaysian law-governed agreement for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.

find out more

Lease Agreement With Option To Purchase

A Malaysian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.

find out more

Contingent Purchase Agreement

A Malaysian law-governed agreement for conditional purchase transactions, specifying terms and contingencies that must be met before purchase completion.

find out more

Auto Purchase Contract

A Malaysian law-governed contract for the sale and purchase of motor vehicles, detailing terms, conditions, and obligations of all parties involved.

find out more

Agreement For Advance Payment For Purchase Of Goods

A Malaysian law-governed agreement establishing terms for advance payment in goods purchase, including payment security, delivery terms, and quality specifications.

find out more

Advance Agreement For Land Purchase

A Malaysian law-governed agreement establishing terms for land purchase with advance payments, structured under the National Land Code 1965.

find out more

Purchase Agreement Letter

A legally binding document under Malaysian law that outlines the terms and conditions of a purchase transaction in letter format.

find out more

Partnership Purchase Agreement

A Malaysian law-governed agreement for the purchase and transfer of partnership interests, including terms, conditions, and compliance requirements.

find out more

Non Binding Letter Of Intent To Purchase Product

A Malaysian law-governed preliminary document expressing non-binding intent to purchase specific products, outlining basic terms without creating legal obligations.

find out more

Dealer Purchase Agreement

A Malaysian law-governed agreement establishing terms and conditions between a supplier and dealer for product distribution and sales.

find out more

Cross Purchase Agreement

A Malaysian law-governed agreement establishing procedures and obligations for remaining shareholders to purchase shares from departing shareholders upon specified trigger events.

find out more

Buy Tenancy Agreement

A Malaysian legal document establishing rental terms and conditions between landlord and tenant, governed by Malaysian property and contract law.

find out more

Truck Purchase Agreement

A Malaysian law-governed agreement for the sale and purchase of commercial trucks, covering specifications, price, delivery, warranties, and regulatory compliance.

find out more

Intent To Buy Contract

A Malaysian law-governed preliminary agreement documenting a potential buyer's formal intention to purchase an asset, subject to conditions and due diligence.

find out more

Purchasers Agreement

A Malaysian law-governed agreement that establishes terms and conditions for purchase transactions, detailing rights and obligations of purchaser and seller.

find out more

Receivable Purchase Agreement

A Malaysian law-governed agreement documenting the sale and transfer of receivables from a seller to a purchaser, detailing transfer terms, price mechanisms, and parties' obligations.

find out more

Letter Of Intent For Purchase Order

A Malaysian law-governed preliminary document expressing intent to proceed with a purchase order, outlining key commercial terms while maintaining a generally non-binding nature.

find out more

High Purchase Agreement Form

A Malaysian law-compliant agreement for purchasing goods through installments, where ownership transfers upon final payment, regulated by the Hire Purchase Act 1967.

find out more

Business Buyout Agreement

A Malaysian law-governed agreement facilitating the complete transfer of business ownership between parties, including all relevant terms, conditions, and regulatory compliance requirements.

find out more

Model Stock Purchase Agreement

A Malaysian law-governed agreement setting out terms and conditions for the purchase and sale of shares in a company, including price, warranties, and completion mechanics.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it