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Intellectual Property Release Form

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Indicate the date this Intellectual Property Release Form will be signed.

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INTELLECTUAL PROPERTY RELEASE AGREEMENT

This Intellectual Property Release Agreement (hereinafter "Release") is dated ________ and is between the following parties:

________ (hereinafter "Creator"), having an address at the following:

________

and

________ (hereinafter "New Rights Holder"), having an address at the following:

________

Creator owns all right, title and interest in and to a certain work of intellectual property (hereinafter "Work"), defined specifically as the following:

________

New Rights Holder wishes to acquire such right, title and interest in and to said Work;

Creator is willing to relinquish absolute right, title and interest in and to said Work.

The Parties therefore agree as follows:


1. RELEASE

Creator hereby releases, and New Rights Holder does accept, the absolute and unconditional right to reproduce, prepare derivate works, distribute, perform, and/or display the Work, as applicable. Creator does not hold any remaining rights in and to the Work, and the unconditional ability to use and exploit the Work belongs exclusively to New Rights Holder.

2. INDEMNITY

In consideration for the Creator's transfer of the Intellectual Property Rights of the Work, the New Rights Holder will pay to the Creator the following fee: $________.


3. REPRESENTATIONS

Creator hereby represents and warrants that Creator is the exclusive holder of any all rights in and to the Work, and that no other individual or entity may claim any rights, title and/or interest in and to said Work. Creator additionally warrants that Creator has all necessary rights required to grant New Rights Holder unconditional and unlimited use and exploitation of the Work.

4. AGE OF CONSENT

Creator hereby warrants that Creator is of full legal age and has the right to contract in the province of Alberta.


5. ASSIGNMENT

The rights and obligations under this agreement will inure to the benefit and be binding upon any of Creator's successors and assignees, as well as any of New Rights Holder's successors and assignees.


6. JURISDICTION & GOVERNING LAW

This Release will be governed exclusively in accordance with the laws of the province of Alberta, and the laws of Canada in effect in the province of Alberta.

7. COUNTERPARTS

This Release may be executed in counterparts, all of which shall constitute a single agreement between the parties. If the dates set forth at the end of this document are different, this Release to be considered effective as of the date that both parties have signed the Release, which may be the later date.


8. 885585 82 8858552

8525225 582228825228 2552 8525225 555 5258225882 525 8522888222 22225252822 22 282582 82522225222 82258 558882 522555822 2588 8282582. 8525225 828225228 2552 8525225 558 282525 52828825 8585 82522225222 82258 558882 25825 22 252852822 2588 825222222 25 2552 8525225 558 8252222522282 525 888882282 852822 222 22 282582 82258 558882 525 88 252852822 2588 8282582 8825252 52822 82.

9. 585585 828552585

5588 8282582 82282825228 252 222852 525222222 8228222 252 2552828 525 8522582528 522 25825 25 822222225522258 52525825258228, 8522525 8582222 25 2558.

IN WITNESS WHEREOF, the Parties execute the Agreement as follows:


________________________________________ (signature)

________
Date:



________________________________________ (signature)

________
Date:

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INTELLECTUAL PROPERTY RELEASE AGREEMENT

This Intellectual Property Release Agreement (hereinafter "Release") is dated ________ and is between the following parties:

________ (hereinafter "Creator"), having an address at the following:

________

and

________ (hereinafter "New Rights Holder"), having an address at the following:

________

Creator owns all right, title and interest in and to a certain work of intellectual property (hereinafter "Work"), defined specifically as the following:

________

New Rights Holder wishes to acquire such right, title and interest in and to said Work;

Creator is willing to relinquish absolute right, title and interest in and to said Work.

The Parties therefore agree as follows:


1. RELEASE

Creator hereby releases, and New Rights Holder does accept, the absolute and unconditional right to reproduce, prepare derivate works, distribute, perform, and/or display the Work, as applicable. Creator does not hold any remaining rights in and to the Work, and the unconditional ability to use and exploit the Work belongs exclusively to New Rights Holder.

2. INDEMNITY

In consideration for the Creator's transfer of the Intellectual Property Rights of the Work, the New Rights Holder will pay to the Creator the following fee: $________.


3. REPRESENTATIONS

Creator hereby represents and warrants that Creator is the exclusive holder of any all rights in and to the Work, and that no other individual or entity may claim any rights, title and/or interest in and to said Work. Creator additionally warrants that Creator has all necessary rights required to grant New Rights Holder unconditional and unlimited use and exploitation of the Work.

4. AGE OF CONSENT

Creator hereby warrants that Creator is of full legal age and has the right to contract in the province of Alberta.


5. ASSIGNMENT

The rights and obligations under this agreement will inure to the benefit and be binding upon any of Creator's successors and assignees, as well as any of New Rights Holder's successors and assignees.


6. JURISDICTION & GOVERNING LAW

This Release will be governed exclusively in accordance with the laws of the province of Alberta, and the laws of Canada in effect in the province of Alberta.

7. COUNTERPARTS

This Release may be executed in counterparts, all of which shall constitute a single agreement between the parties. If the dates set forth at the end of this document are different, this Release to be considered effective as of the date that both parties have signed the Release, which may be the later date.


8. 885585 82 8858552

8525225 582228825228 2552 8525225 555 5258225882 525 8522888222 22225252822 22 282582 82522225222 82258 558882 522555822 2588 8282582. 8525225 828225228 2552 8525225 558 282525 52828825 8585 82522225222 82258 558882 25825 22 252852822 2588 825222222 25 2552 8525225 558 8252222522282 525 888882282 852822 222 22 282582 82258 558882 525 88 252852822 2588 8282582 8825252 52822 82.

9. 585585 828552585

5588 8282582 82282825228 252 222852 525222222 8228222 252 2552828 525 8522582528 522 25825 25 822222225522258 52525825258228, 8522525 8582222 25 2558.

IN WITNESS WHEREOF, the Parties execute the Agreement as follows:


________________________________________ (signature)

________
Date:



________________________________________ (signature)

________
Date: