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Product ID: UK-IPipp27

Suitable for use in: England & Wales and Scotland

£70.80 inc VAT
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Product ID: UK-IPipp28

IP rights sale agreement: in television, film or media production

Not yet reviewed

This agreement is for the sale of rights in a work of an audio-visual nature. The buyer obtains full ownership and control so that he can use and market the work as his own.

The work could be of any size, complexity and of any type (i.e. at any stage of production).

For example, you might be selling rights in

  • a script, or a book that could be converted to a script
  • a training manual
  • an advertisement
  • a documentary programme or series to be broadcast on radio, television or online
  • a programme consisting in a "reality" procedure rather than a written drama

The agreement preserves the author’s or originator’s rights to sell the same material in different markets by limiting the extent of the rights sold in this deal. You can restrict what you are selling by reference to use, publication, time, country, language, medium, or as you decide. The document preserves moral rights as author.

Either party can buy this agreement and successfully edit it for a deal that suits them.

By default:

  • the document favours neither party – either could edit for their terms
  • payment is part cash and part shares in the buyer company – it can be edited easily for a cash deal

It is assumed that your deal will complete on the signing of this agreement as a precise and firm arrangement. However, you could also complete at a specified later date, by when the buyer will have completed arrangements for authorisation.

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Suitable for use in: England & Wales and Scotland

£70.80 inc VAT
(£59.00 ex VAT)
pin to top of list
Product ID: UK-IPipp31

Suitable for use in: England & Wales and Scotland

£70.80 inc VAT
(£59.00 ex VAT)

Sell or transfer rights in any type of intellectual property

The documents on this page transfer your rights in intellectual property that you have created or otherwise own, to someone else. In legal jargon, these documents assign your rights. In everyday language, they deal with a sale.

The legal framework for a sale of rights is largely the same regardless of the type of IP being sold. A sale in a composition of music is not dissimilar from the transaction for the sale of a complex technological innovation.

These documents can be used to sell: a set of photos, a book, a film script, architectural drawings, chemical formulae, film rights, web page articles, a patent, or anything else.

The law does not restrict what sale terms you can agree. For that reason, we have been able to give you a very wide range of alternative deals and arrangements.

For example, payment might be cash up front, by royalty, by shares in the acquiring company or any combination.

It follows that when you look for the right document for your sale, look at the terms of the deal as well as the subject matter we have named in the title. If you need help, please ask us.

Who should use these documents?

Either the buyer or the seller could use these documents. They are written to be fair to both sides because even though the transfer is immediate, the buyer may still rely on the seller for co-operation with ongoing support.

Our guidance notes explain each paragraph so that editing a document is easy whether or not you regularly sell IP.

Strong legal documents

If we refer to a document as “simple” we mean it is uncluttered by supplementary arrangements – not that the legal effect is in any way compromised.

In contrast, a document described as “heavyweight” contains many more options. You may or may not use all the options we give but by providing them, we hope to give you more ideas for consideration. You can easily delete the ones that are not applicable to your deal.

Limiting the rights sold

All these documents give you the flexibility to sell the IP subject to conditions on use by the buyer.

For example, you could sell rights to a design for a component, but limit the buyer to use that component only in certain products.

Selling limited rights allows you to maximise the value the IP because you can sell the rights multiple times to different buyers for different uses.

The other reason you might want to limit the rights sold is because your IP contains the intellectual property under licence from someone else, and that you don’t have a licence to sell it.

What our documents cover

So far as applicable, our documents cover:

Fictitious names for people and products

We give fictitious names to the parties in the contract and the IP so that it is easier for you to follow the document. Of course, you will need to change these to the names of your own parties or products, or use generic ones.

Complete legal and commercial framework

Every agreement comprehensively provides the terms you need for a deal. We cannot mention every detail of every document here, but you can be confident that if you are likely to need a term, we include it.

Support by the owner or creator to the licensee

Many deals involve not only a sale, but also a licence of secondary IP that supports the primary IP sold. For example, you might sell a physical product that requires software to operate. Updates to the software would be licensed rather than sold with the hardware.

The reasons why you might want to licence some rights rather than sell all are the same as why you might want to limit the rights sold: you may want to retain control to maximise the value you receive; or you may not have the rights yourself to sell.

We provide in many of our documents for an additional licence to complement the sale. If not needed, these terms can easily be deleted.

Preserving moral rights

Although a creator automatically by law has the right to be recognised, we do nonetheless mention it in many agreements.

Why choose Net Lawman

Immediate delivery of the document template by e-mail after checkout
DocX file format compatible with all popular PC & Mac word processing software. We can convert into other formats for you
Use of plain English makes our documents easy to edit and understand
Detailed guidance notes explain the purpose of each paragraph and how to edit
Review service available - a Net Lawman lawyer can check your edited document
Full money back guarantee if the document isn't right for you
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