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Hello,
I have a simple consultancy contract and I am worried this clause can lead to any transfer of my own intellectual rights later on:
4. Further Assurances. Each of the Parties hereby agrees that it will hereafter execute any further instruments of assignment, transfer or conveyance as may be necessary or desirable to effectuate the purposes hereof.
I cannot understand what this clause ties to say. Do you think ti can e paraphrased to mean something more concrete? like the following?
Additional Documents. At the written request of the other party, each party shall provide the requesting party, or sign for the requesting party, any additional documents required to consummate the transactions contemplated by this agreement
thanks!
I have a simple consultancy contract and I am worried this clause can lead to any transfer of my own intellectual rights later on:
4. Further Assurances. Each of the Parties hereby agrees that it will hereafter execute any further instruments of assignment, transfer or conveyance as may be necessary or desirable to effectuate the purposes hereof.
I cannot understand what this clause ties to say. Do you think ti can e paraphrased to mean something more concrete? like the following?
Additional Documents. At the written request of the other party, each party shall provide the requesting party, or sign for the requesting party, any additional documents required to consummate the transactions contemplated by this agreement
thanks!
