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Trademark Assignment
Assignment of the trademark means when the ownership of the mark is
transferred with or without goodwill of the occupation from one person to
another. Assignments are required to be recorded in the Register of trade
marks for registered trade marks. There are four types of assignments
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Types
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Complete Assignment
In this, the
ownership of the trademark along with the goodwill in the form of agreement
is transferred. For example, A transfers his mark “Droit” in the business of manufacturing
pens to B as such that he can use the mark in the same business or other.
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Partial Assignment
It includes partial
transfer of the mark and its right to the other person. For example, A having business in manufacturing pens, paints and brushes
under the trade mark “Droit” transfers it to B only to manufacture pens and
not in paints, brushes or other businesses
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Assignment
with goodwill
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Assignment
without goodwill
In this, the person restricts the other to use the trade mark under the
business in which it has made his goodwill. For example, A having a well-known brand name “Droit” for manufacturing pens
and transfers his trade mark “Droit” to B with a limitation to its business
of not using it for manufacturing pens.
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Documents required
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Process
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