USA Agreement to Acquire Software Co-ownership Rights

U.S. software developers can use this Acquisition Agreement to attract investors to finance a development project by offering them co-ownership rights.

• In return for investing in the project, the investor acquires a co-ownership right in the developer's software.
• The investor also purchases the patent rights and grants the developer the right to use and sub-license the patent rights.
• Each party retains all rights to its own subsequent modifications to the software.
• The contract includes a non-solicitation clause restricting the investor from soliciting any of the developer's customers or employees for a specified period following the closing of the transaction.
• The developer will indemnify the investor against any claims or losses resulting from infringement claims.

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