Assignment of Copyright and Trade Name in a Newspaper by a Limited Company to the Trustee of an Intended Association

Assignment of Copyright and Trade Name in a Newspaper by a Limited Company to the Trustee of an Intended Association

This deed of assignment made this ………… day of …………… 2000 between ………………, a company registered under the Companies Act 1956 having its registered office at …………………  (hereinafter called the assignor which expression shall where the subject or context allows or admits of be deemed to include its successors and assigns) of the one part and Mr. …………… son of…………residing at…………(hereinafter called the assignee which term shall where the subject or context allows or admits of be deemed to include his heirs and successors and assigns and persons being members of the intended association) of the other part.

Whereas the assignor is the sole proprietor and owner of the newspaper known as ……… for over ……… years free from all encumbrances with all rights hereby assigned which are valid and subsisting.

Now this deed of assignment witnesseth as follows:

1. In consideration of a sum of Rs. …………… paid by the assignee to the assignor (the receipt whereof the assignor doth hereby admit, acknowledge and confirm) the assignor as beneficial owner of the copyright in the said newspaper do hereby grant, convey, sell, transfer, assign, assure the same unto and to the use of the assignee  absolutely and for ever and other right, title and interest and claim therein and all goodwill, benefits and other advantages and connections of the newspapers throughout the world together with all contracts and orders outstanding on this day with full and absolute right to print, reproduce, multiply, circulate and sell the same or any translation thereof to the intent and with the object that the assignee shall own the said newspaper as trustee for the members of the intended association and for the benefit of all its members.

2. The assignor doth hereby covenant with the assignee and agree as follows:

(i)  Notwithstanding any act, deed or thing whatsoever heretofore done or executed, performed or knowingly suffered to the contrary, the assignor had good right, full power and absolute authority to grant, convey, transfer, assign and sell the copyright and the trade name of the said newspaper unto and to the assignee in the manner hereinbefore indicated.

(ii)  The said copyright and also the trade name and also the goodwill are free from encumbrances and attachments and there is no injunction or prohibitory order.

(iii)  The assignor shall hereafter do execute and perform any further or other act, deed or thing and writings for further and better assuring the said copyright and trade name unto and to the use of assignee as may be reasonably required.

Description

All that the copyright of the assignor, the trade mark and trade name in the daily newspaper in ……… named “………” now printed and circulated from the premises No. …… and its goodwill, benefits and other advantages and all pending orders and contracts and business connections together with the right to print, reproduce, multiply, publish, circulate and sell the same or any translation or version thereof.

In witness whereof the common seal of the company is hereunto affixed and these presents are also executed by the assignee at Calcutta in the presence of:

The common seal of the assignor company is hereunto affixed pursuant to the resolution of the Board of Directors dated the …………day of ……………… by Mr. …………… in the presence of:

Executed by the assignee
Mr. …………… at Calcutta in the presence of:

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