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The National Law Review

1 resource from The National Law Review we point founders to, and the questions each answers.

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Why we picked it The Supreme Court case that turned on two words, and this article explains why "hereby assigns" beat "agrees to assign" and cost an institution its rights. It is the clearest real-world proof that the exact wording of your assignment clause matters. Read it so you never sign the weaker phrasing.

Agree to Assign vs. Hereby Assign: In Stanford v. Roche, the Wording Decided

From The National Law Review by Kevin W. McCabe, The National Law Review

  • "Agrees to assign" is only a future promise you may have to enforce.
  • "Hereby assigns" transfers rights at the moment of creation.
  • Precise contract wording decided who owned the invention.
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