An Intellectual Property Agreement is extremely important for ensuring you have a paper trail before showing your designs to others. It means they must accept you own the rights in your designs. An invaluable piece of paper should you suspect them of copying you in future.

Examples of where you might use an Intellectual Property Agreement:

• When you are approaching somebody who you hope might be interested in your design
• When you are responding to a tender
• Before first meeting a retailer who is interested in stocking your product

How to use this Intellectual Property Agreement

• This Agreement is a standard form precedent. You will need to insert your details into the first line of the Agreement.
• Ensure you have used all clauses required, and deleted those that aren’t.
• You must attach a document listing all the designs to be covered by the agreement.
• The agreement should be signed and returned to you before you disclose any of your designs.

Tip: Save the document to the ACID IP Databank for that all-important audit trail!

Remember: This is a generic legal agreement and therefore some parts may not be appropriate for your specific circumstances. We strongly advise you check the final draft with your solicitor or ACID Legal Affiliate to ensure that the document suits your particular circumstances.

No liability is accepted by ACID or any ACID Accredited Law Firm.