Assignment of Trademark

Updated atMarch 2010

THIS ASSIGNMENT is made at ............this...............day of .................... BETWEEN Mr. A residing at................. (Hereinafter called "the ASSIGNORS") of the one part and M/s. AB & Co.Ltd., a Company registered under the Companies Act, 1956, and having it registered office at ................... (Hereinafter called the "ASSIGNEES" of the other part) WHEREAS the ASSIGNORS are the proprietors of the trademark registered in India under No. particulars of which are as follows (hereinafter referred to as the "said trade mark"): Trade Mark Number Class Goods WHEREAS the ASSIGNEES are desirous of acquiring the right, title and interest in and to the said trade mark with the good-will of the business concerned in the goods relating to the said trade mark. AND WHEREAS the ASSIGNORS have agreed to assign the said trade mark to the ASSIGNEES as so desired by the ASSIGNEES. The assignee is carrying on the same business and manufacturing and selling similar goods and requested the Assignor to assign the said trademark with the goodwill of his business and which the Assignor has agreed to do on the following terms and in the following manner. NOW THIS DEED WITNESSETH that pursuant to the said Agreement and in consideration of the sum of Rs....paid by the Assignee to the Assignor on the execution of these presents (receipt whereof the Assignor hereby admit) the Assignor as beneficial owner, assigns and transfers unto the Assignee, - Firstly, all the said business of the Assignor of selling the said goods and carried on in the name of M/s ............together with the goodwill belonging to thereto together with the exclusive right to the said name or style in which the said business is carried on and Secondly, with the said Trade Mark described hereunder written with all the rights and benefits belonging thereto including the benefit of...

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