Make sure the code, brand and creative work built for your company legally belongs to the company, not an individual. Investors always check this. Generate a free draft.
An IP Assignment Agreement transfers ownership of intellectual property — code, designs, content, inventions, brand assets, from the person who created it (a founder, employee or contractor) to the company. Without it, that IP may legally remain with the individual, which is a serious problem during fundraising or acquisition.
This is one of the first things investors’ due diligence checks. Getting assignments signed early avoids painful (and expensive) clean-ups later.
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Without them, the IP your founders or contractors create may legally belong to them personally, not the company. Investors’ due diligence flags this immediately — it can delay or derail a round.
A good employment or contractor agreement should include IP assignment, but many don’t, or do it weakly. A dedicated assignment removes all doubt, especially for pre-employment or founder work.
Yes, by default, a freelancer/contractor often retains ownership of what they create unless there’s a written assignment. Always get one.
It’s a solid starting template. For key IP or investor-facing situations, have it professionally vetted — we can do that.