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Copyright Release Agreement Template for Philippines

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Key Requirements PROMPT example:

Copyright Release Agreement

"I need a Copyright Release Agreement for transferring ownership of a software application to my company, where the developer will retain limited rights to use parts of the code base for personal projects until January 2025, with payment in three installments."

Document background
A Copyright Release Agreement is essential when transferring ownership rights of creative or intellectual works in the Philippines. This document is commonly used when creators, companies, or institutions need to formally transfer copyright ownership of works such as literary pieces, artwork, software, music, or other creative content. The agreement must comply with the Intellectual Property Code of the Philippines (Republic Act No. 8293) and is particularly important in commercial transactions involving intellectual property. It typically includes specific details about the work being transferred, the scope of rights being released, consideration for the transfer, and warranties about ownership and originality. This type of agreement provides legal certainty and protection for both the transferor and transferee, helping prevent future disputes over ownership rights.
Suggested Sections

1. Parties: Identification of the copyright owner (Assignor) and the receiving party (Assignee), including full legal names and addresses

2. Background: Context of the agreement, including brief description of the copyrighted work and the parties' intention to transfer rights

3. Definitions: Clear definitions of key terms used throughout the agreement, including 'Work', 'Copyright', 'Intellectual Property Rights', etc.

4. Grant of Rights: Explicit statement of the rights being transferred, including scope of the release and territory

5. Consideration: Details of payment or other consideration for the copyright release

6. Representations and Warranties: Assignor's warranties regarding ownership, originality, and right to transfer the copyright

7. Delivery: Terms regarding the delivery of the work and any associated materials

8. Moral Rights: Treatment of moral rights under Philippine law, including any waiver or reservation

9. Further Assurances: Commitment to execute additional documents or take actions necessary to effect the transfer

10. Governing Law and Jurisdiction: Specification of Philippine law as governing law and choice of jurisdiction for disputes

11. Execution: Signature blocks and execution requirements

Optional Sections

1. Royalties: Include when there are ongoing payments or royalties rather than a one-time payment

2. Confidentiality: Include when sensitive information will be exchanged during the transfer process

3. Registration: Include when specific arrangements for copyright registration with IPOPHL are needed

4. Derivative Works: Include when addressing rights to create and own derivative works

5. Reversion Rights: Include when the copyright might revert to the original owner under certain conditions

6. Third Party Rights: Include when there are third party permissions or licenses involved

7. Indemnification: Include when specific indemnification provisions are required beyond standard warranties

Suggested Schedules

1. Schedule A - Description of Work: Detailed description of the copyrighted work being transferred, including any registration numbers

2. Schedule B - Payment Terms: Detailed payment schedule and terms if payment is complex or involves multiple installments

3. Schedule C - Delivery Requirements: Specific format and technical requirements for delivery of the work

4. Appendix 1 - Copyright Registration Documents: Copies of existing copyright registration certificates or documentation

5. Appendix 2 - Prior Licenses: List of any existing licenses or permissions that will remain in effect

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

Relevant legal definitions






























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Relevant Industries

Media and Entertainment

Publishing

Software and Technology

Education

Research and Development

Creative Arts

Advertising

Digital Content Creation

Gaming

Music Industry

Film and Television

Photography

Graphic Design

Literature and Publishing

Relevant Teams

Legal

Intellectual Property

Content Creation

Creative Services

Publishing

Research and Development

Business Development

Contract Administration

Rights Management

Digital Production

Software Development

Relevant Roles

Intellectual Property Lawyer

Legal Counsel

Content Creator

Artist

Author

Software Developer

Creative Director

Publishing Manager

Rights Manager

Contract Administrator

Business Development Manager

Research Director

Academic Director

Media Producer

Game Developer

Photographer

Graphic Designer

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

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