COPYRIGHT ASSIGNMENT AGREEMENT

COPYRIGHT ASSIGNMENT AGREEMENT

THIS AGREEMENT is made on the …………..day of……….20……., by ________________________the ASSIGNOR herein of ___________________address and _________________________the ASSIGNEE herein of _______________________address (ASSIGNOR and ASSIGNEE collectively referred to as the “Parties” or individually as the “Party”) and includes that Party’s successors and assigns.

WHEREAS, ASSIGNOR has created original works through a voice recording converted into an Artificial Intelligence (AI) voice (hereinafter termed WORKS);

WHEREAS, ASSIGNEE, is desirous of acquiring the entire right, title, and interest in and to said WORKS and in and to any copyrights thereon arising and/or granted in the United States and foreign countries;

NOW, THEREFORE, in consideration of promises and covenants contained herein as well as other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged), the Parties do hereby agree as follows:

  1. ASSIGNOR does hereby irrevocably sell, assign, transfer, and convey unto ASSIGNEE, in perpetuity and throughout the world all of the entire right, title, and interest in and to said WORKS and in and to any and all copyrights, trademark and all other intellectual property rights on said WORKS that may arise and/or may be granted in the United States and any foreign country, and including each and every derivative WORKS arising from said WORKS. The ASSIGNEE shall have the right to register the WORKS in its own name and shall have the exclusive right to dispose of the copyright in any way that ASSIGNEE sees fit. The assignment of all rights in the WORKS shall take effect upon execution of this Agreement
  1. Subject to the terms of this Agreement, ASSIGNOR does hereby waive any moral rights or any similar right with respect to the WORKS as such rights may presently or in the future exist by legislative enactment or otherwise.
  1. The ASSIGNOR shall pay to the ASSIGNEE as follows (select one)

☐$_____________________ amount on _________________date as a one off payment.

☐$______________ amount on a _________________(Weekly/Monthly etc.) basis 

☐Other______________________________________________________________

The payment above shall be the transfer price (“Contract Price”) for the Transferred Copyrights. It is agreed by both Parties that the above Contract Price is all the price payable by ASSIGNOR to ASSIGNEE hereunder. It is agreed that the ASSIGNEE shall bear all the taxes and all related fees stipulated by the government for the revenues generated hereunder.

  1. ASSIGNOR does hereby warrant and represent that;
  1. they are the sole and exclusive owner of the rights herein granted throughout the world and that no part of the WORKS has in any way been encumbered, conveyed, granted or otherwise disposed of and the same are free of any liens or claims whatsoever and that there are no claims or litigation pending, outstanding, or threatened which might in any way prejudice, interrupt or interfere with ASSIGNEE’s use of the WORKS;
  1. they have the full right and authority to enter into this Agreement and to grant ASSIGNEE the rights granted to it herein; and 
  1. the WORKS is wholly original to them and no use by ASSIGNEE of the WORKS will violate or infringe upon any copyright belonging to any person, firm or corporation nor will it constitute a defamation or an invasion of privacy or any other right(s) of any person, firm or corporation.
  1. ASSIGNOR hereby releases ASSIGNEE, its officers, employees, agents, licensees, successors and assigns, from any and all liability for damages for libel, slander, invasion of privacy, copyright infringement or any other claims arising from the use of the WORKS. 
  1. ASSIGNOR does hereby covenant and agree to cooperate with ASSIGNEE whereby ASSIGNEE may enjoy to the fullest extent the right, title, and interest herein conveyed.  Such cooperation shall include:
  1. prompt execution of all papers (prepared at the expense of ASSIGNEE) which are deemed necessary or desirable by ASSIGNEE to perfect in it the right, title, and interest herein conveyed;
  1. prompt execution of all petitions, oaths, specifications, declarations, or other papers (prepared at the expense of ASSIGNEE) which are deemed necessary or desirable by ASSIGNEE for obtaining copyright registration in the United States and/or foreign countries covering said WORKS or works derived from said WORKS; and
  1. prompt assistance and cooperation in the prosecution of legal proceedings involving said WORKS or derivative works therefrom, said registrations granted thereon, including proceedings before any Copyright Office of the United States or any foreign country, and court actions, provided, however, that the expense which may be incurred by said ASSIGNOR in lending such assistance and cooperation be paid by ASSIGNEE.
  1. The terms, covenants, and provisions of this assignment shall inure to the benefit of ASSIGNEE, its successors, assigns, and/or other legal representatives, and shall be binding upon said ASSIGNOR, his respective heirs, legal representatives, and assigns.
  1. ASSIGNOR warrants and represents that he has not entered into any assignment, contract, or understanding in conflict herewith.
  1. This instrument contains the entire and only agreement between the parties and supersedes all pre-existing agreements between them respecting its subject matter.  Any representation, promise, or condition in connection with said subject matter that is not incorporated in this agreement shall not be binding upon either party. This Agreement may not be altered or modified except in writing signed by Parties. A waiver by either party of any breach or default by the other party may not be construed as a waiver of any other breach or default by such party.
  1. Parties agree to settle disputes under this Agreement through (select one) 

☐Negotiation                      ☐Mediation                 ☐Arbitration                           ☐Litigation.

  1. This agreement shall be governed in all respects by the laws of Maryland without regard to its conflicts of law provisions and shall be enforced by its Courts.

IN WITNESS WHEREOF, the Parties have executed this instrument this ______________day of _______________20_________

ASSIGNEE:By: ____________________________Title:___________________________ Date:___________________________ ASSIGNOR:By:____________________________Title:___________________________ Date:___________________________

NOTARY ACKNOWLEDGEMENT

State of Maryland 

County of ______________ to wit:

On this ____ day of ______________, 20___, before me, the undersigned officer, personally appeared _____________________________ [name of person(s) who make acknowledgement), known to me (or satisfactorily proven) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged that he/she/they executed the same for the purpose therein contained.

In witness whereof, I hereunto set my hand and official seal.       

________________________

[Notary Seal] [Signature of Notary Public]

______________________ 

[Printed Name of Notary Public]

Notary Public

My Commission Expires: ______________

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