This is an agreement that transfers intellectual property rights (a copyright, patent or trademark) from an individual or entity to a specific company. By entering into this agreement, the company obtains the right to reproduce, advertise, publish and transmit the work by any means. The individual or entity will transfer all of their rights in the work and will no longer have an ownership interest or control over how the work is portrayed or distributed. This document is ideal for small businesses or other entities that want to purchase intellectual property rights.
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