抖阴短视频

Royalty Assignment Agreement Template for Philippines

Create a bespoke document in minutes, 聽or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Royalty Assignment Agreement

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

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Royalty Assignment Agreement

"I need a Royalty Assignment Agreement for transferring pharmaceutical patent royalty rights from my research company to a multinational corporation, with quarterly payments and specific provisions for future developments scheduled to begin from March 2025."

Document background
The Royalty Assignment Agreement is essential for businesses and individuals looking to transfer rights to receive royalty payments in the Philippines. This document is particularly relevant when monetizing intellectual property rights, restructuring royalty payment arrangements, or conducting asset sales. It must comply with Philippine law, specifically the Intellectual Property Code (Republic Act No. 8293) and the Civil Code, while addressing tax implications under the National Internal Revenue Code. The agreement typically includes detailed provisions about the rights being transferred, consideration, warranties, and mechanisms for ensuring the effective transfer of royalty streams. It's commonly used in scenarios involving patent royalties, copyright royalties, trademark licensing revenues, and similar intellectual property-based income streams.
Suggested Sections

1. Parties: Identifies and provides full details of the Assignor and Assignee

2. Background: Explains the context of the agreement, including the existence and ownership of the royalty rights being assigned

3. Definitions: Defines key terms used throughout the agreement

4. Assignment: Details the specific royalty rights being assigned and confirms the transfer

5. Consideration: Specifies the payment or other consideration for the assignment

6. Effective Date: States when the assignment becomes effective

7. Assignor's Representations and Warranties: Warranties regarding ownership, right to assign, and absence of encumbrances

8. Further Assurance: Obligation to execute additional documents or take actions necessary to effect the assignment

9. Taxes and Expenses: Allocates responsibility for taxes and costs related to the assignment

10. Governing Law and Jurisdiction: Specifies Philippine law as governing law and sets jurisdiction for disputes

11. Entire Agreement: Confirms the agreement represents the complete understanding between parties

12. Execution: Signature blocks and execution formalities

Optional Sections

1. Anti-Assignment: Include when there are restrictions on further assignment of the rights

2. Confidentiality: Include when sensitive information is exchanged during the assignment process

3. Indemnification: Include when specific indemnities are required beyond standard warranties

4. Survival: Include when certain provisions need to survive termination

5. Third Party Consents: Include when assignment requires approval from other parties

6. Foreign Exchange Compliance: Include for international assignments requiring compliance with Philippine foreign exchange regulations

7. Dispute Resolution: Include when specific dispute resolution mechanisms (e.g., arbitration) are preferred

Suggested Schedules

1. Schedule A - Description of Royalty Rights: Detailed description of the royalty rights being assigned, including any underlying intellectual property

2. Schedule B - Payment Terms: Detailed breakdown of consideration, payment schedule, and payment mechanics

3. Schedule C - Existing Agreements: List of relevant existing agreements affecting the royalty rights

4. Schedule D - Required Consents: List of third-party consents required for the assignment

5. Appendix 1 - Registration Requirements: Details of any registrations required to perfect the assignment

6. Appendix 2 - Tax Certificates: Relevant tax clearances or certificates required under Philippine law

Authors

Alex Denne

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

Relevant legal definitions
Clauses





























Relevant Industries

Entertainment and Media

Technology and Software

Publishing

Pharmaceuticals

Manufacturing

Mining and Natural Resources

Music Industry

Film and Television

Gaming Industry

Biotechnology

Research and Development

Patent and Trademark Industry

Relevant Teams

Legal

Finance

Intellectual Property

Business Development

Tax

Commercial

Corporate Secretarial

Compliance

Treasury

Licensing

Relevant Roles

Intellectual Property Lawyer

Corporate Lawyer

Legal Counsel

Licensing Manager

Intellectual Property Manager

Chief Legal Officer

Chief Financial Officer

Business Development Manager

Royalty Administrator

Contract Manager

IP Rights Manager

Financial Controller

Tax Manager

Company Secretary

Commercial Director

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

License And Royalty Agreement

A Philippine law-governed agreement establishing intellectual property licensing terms and royalty payment obligations between licensor and licensee.

find out more

Royalty Contract

A Philippine law-governed agreement establishing terms for royalty payments in exchange for intellectual property rights usage, incorporating local regulatory requirements.

find out more

Royalty Agreement Contract

A Philippine law-governed agreement establishing terms for licensing intellectual property rights in exchange for royalty payments, including payment terms and compliance requirements.

find out more

Royalty Purchase Agreement

A Philippine law-governed agreement for the purchase and sale of royalty rights, establishing terms for transfer and ongoing management of royalty payments.

find out more

Royalty Share Agreement

A Philippine law-governed agreement establishing terms for sharing royalties from intellectual property exploitation, including payment terms and compliance requirements.

find out more

Royalty Assignment Agreement

A Philippine law-governed agreement for transferring royalty rights from an Assignor to an Assignee, ensuring compliance with local IP and tax regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

骋别苍颈别鈥檚 Security Promise

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

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

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

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.