Assignment of Domain Name in Conjunction with Asset Purchase Agreement

The term domain name means any alphanumeric designation which is registered with or assigned by any domain name registrar, domain name registry, or other domain name registration authority as part of an electronic address on the Internet." (15 USCS § 1127)

An asset purchase agreement is the written agreement by which one company, in effect, buys another company. Asset purchase agreements define the assets and liabilities to be sold.