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Canada Acquisition Agreement for Co-Ownership Rights in Software

Prepare an Acquisition Agreement for Co-Ownership Rights between a software developer (vendor) and an investor (purchaser) with this template contract for Canada.
  • In return for investing in the project, the investor ⁄ purchaser will acquire a percentage co-ownership right in the vendor's software.
  • The investor ⁄ purchaser also purchases the patent rights and grants the developer the right to use and sublicense the patent rights.
  • Each party retains all rights to its own subsequent modifications to the software.
  • The investor ⁄ purchaser agrees not to solicit any of the developer's customers or employees for a period of one year following the closing of the transaction.
  • The developer agrees to indemnify the investor ⁄ purchaser against any claims or losses arising from an infringement claim with respect to the software.
This Canada Acquisition Agreement for Co-Ownership Rights in Software template is available in MS Word format and is fully editable to fit your circumstances.

Download: Canada Acquisition Agreement for Co-Ownership Rights in Software

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Canadian Law Resources: (14-Apr-2018) E.&O.E.

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