Acquisition Agreement for Co-Ownership Rights in Software

Acquire a percentage co-ownership interest in software under development with this Acquisition Agreement for Co-Ownership Rights in Software.

• The interest in the software is being transferred in exchange for investment in the development project.
• The purchaser (investor) also purchases the patent rights to the software.
• Each party retains all rights to its own subsequent modifications to the software.
• The purchaser (investor) covenants not to compete with the developer.
• The purchaser (investor) grants the developer a worldwide non-exclusive royalty-free license to use the patent rights.

This Acquisition Agreement for Co-Ownership Rights in Software is available in MS Word format, and is generic (not specific to any country). The template can be easily customized to fit your needs.