SayPro Make Sure There Is An Intellectual Property Ownership Clause

In addition to an exit clause, another critical clause to include in your agreements is an intellectual property ownership clause. Most agreements involve paying someone else to create something of value for you, whether it be written work product, software, marketing, graphic design, or something else.It is critical that you include the proper clause to specify who is getting ownership of the intellectual property being created. In the United States, the contractor retains ownership of the copyright interests in the work unless such interests are transferred in writing.What this means is that many companies find themselves being in the position to paying for something that they don’t even fully own, but just got a license to use for a specific purpose.If you are expecting to get ownership of the work being produced for you, then make sure that a proper intellectual property ownership and transfer clause is included in your written agreement with that contractor. If the contractor is retaining ownership and is just giving you a license to use the work for a specific purpose, make sure those terms are clearly spelled out as well so everyone is on the same page.Please visit our website at www.saypro.online Email: info@saypro.online Email: info@saypro.online Call: + 27 11 071 1903 WhatsApp: + 27 84 313 7407. Comment below for any questions and feedback. For SayPro Courses, SayPro Jobs, SayPro Community Development, SayPro Products, SayPro Services, SayPro Consulting, and SayPro Advisory visit our website to www.saypro.online