Please advice on the requirements of filing recordal of assignment and License Agreement for (1) design registrations and (2) trademarks registrations.
Answer:DESIGN | TRADEMARK | |
1.) Is recording the assignment agreement and / or the license agreement optional, or is it required for the agreements to be enforceable and effective in Malaysia. | The recording of the assignment agreement and/or the license agreement is required in order for the agreements to be enforceable and effective in Malaysia. | The recording of the assignment agreement and/or the license agreement is required in order for the agreements to be enforceable and effective in Malaysia. |
2.) If it is optional, do you typically recommend clients to record such agreements? Are their particular benefits of recording that making it advisable to do so? | N/A | N/A |
3.) What is required to record a license agreement? An assignment? | - A copy of the license/assignment document. - A copy of a power of attorney document (ID Form 10) | - A copy of license agreement; and - A copy of Deed of assignment |
4.) Do the agreements need to contain any specific information/ provisions to be recognized, valid, and/or recorded? | No specific information or provision is needed for the agreements to be recognized. However the design application or registration number must be contained in the agreement. | No specific information or provision is needed for the agreement to be recognized. However for the Deed of Assignment, the following requirements must be provided; - Signature of both the Assignor and Assignee must be witnessed - The effective date; - The full name and address of Assignor and Assignee; - To state the value whether the assignment is with goodwill |
5.) If the actual agreement must be recorded (as opposed to certain pieces of information from the agreement), is it possible to submit a redacted version? | It is possible to submit a redacted version of agreements as long as the important provisions could be found in such version. | It is possible to submit a redacted version of agreements as long as the important provisions could be found in such version. |
For more information, contact us at: malaysia@mirandah.com
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