A domain naming agreement exists between an owner who transfers a domain name to another person. This may be due to the sale of a domain or business in which it is included. Once the domain name assignment has been agreed, the domain must be transferred to the new owner`s registrar account. The days when business cards and flyers were distributed to promote your business are quickly fading. Nowadays, many aspects of running a business are done on the Internet, and the right domain name can decide or destroy your business. Consider using a domain name that is short, easy to say, and memorable for your customers. The problem is that there is a good chance that the desired domain name is already taken. But don`t worry! Just because the name you want is already taken doesn`t mean you still can`t buy it (although it may cost you a bit, especially if it`s popular). According to the law, domain names are considered personal property and can be bought and sold like anything else. Whether you`re buying or selling a domain name, be sure to write it down with domain name assignment. Other names for this document: Domain Name Transfer Agreement, Domain Name Purchase Agreement, Domain Name Assignment Agreement After unlocking the domain, the authorization code is available for access. As a security measure, most registrars email the code to the owner listed in the ICANN profile.
1. DOMAIN, NAMING AGREEMENT. A. Domain Name Assignment. For a valid and valid consideration, payable at closing, as described in more detail herein, the SELLER hereby undertakes to www.BusinessPatentCorp.com all rights, titles and interests of the SELLER on the domain name « www.BusinessPatentCorp.com » and their registration as well as the goodwill of the associated company and symbolized by this domain name, as well as the goodwill of the company associated with this domain name and symbolized by this domain name, to transfer and assign to the BUYER the intellectual property. including the « Business Patent Corp.com » trademark and service mark and all related intellectual property rights, to the extent such trademark, service mark or intellectual property rights exist. The transfer and assignment will take effect upon completion as set forth herein if the Intellectual Property BUYER makes the payments provided herein. The conversion is deemed to have taken place from the opening of the company on the date on which the closing of the IPO takes place, and that date is hereinafter referred to as the `IPO conversion date`.
On the date of the conversion of the IPO, the SELLER of intellectual property is entitled to receive the number of common shares corresponding to (a) the present value of the receivables multiplied by the percentage of receivables to be converted divided by (b) the price per share at which the common shares will be offered to the public in connection with the IPO. THE BUYER OF INTELLECTUAL PROPERTY shall issue and deliver to the SELLER of the Intellectual Property one or more certificates indicating the number of complete ordinary shares to which the SELLER of the Intellectual Property is entitled under this Subsection. The person in whose name the certificate(s) of common shares is to be issued is deemed to be the holder of the common shares on the date of the conversion of the IPO. When receivables are converted into common shares, no fraction is issued and the number of common shares is rounded to the nearest whole share. 21. INTEGRATION. This Agreement constitutes the entire agreement of the Parties and the Villipenderies and supersedes all prior agreements between the Parties and is intended to be the final expression of their agreement. It may only be amended or supplemented if it is signed in writing by the parties and expressly refers to this Agreement. This Agreement takes precedence over any other document that may conflict with it. When your business is ready to make an official presence on the Internet, the first thing you need is a domain name (or website address). A domain name assignment is like a purchase agreement for one.
Read More Now, THEREFORE, the parties who each wish to be legally bound, taking into account the commitments and agreements set forth herein, promise and agree that: CONSIDERING that the assignor has accepted, used and registered the domain name (the « Domain Names ») attached to Appendix A; and G. THE BUYER OF INTELLECTUAL PROPERTY has the exclusive right to use a domain name other than Business Patent Corp.com or to add other websites of the BUYER of intellectual property and trademarks to Business Patent Corp.com, subject to the terms of this Agreement, including, but not limited to, the provisions of Section 4 hereof. . . .