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IP Workbook

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Emily's Spin-out Company SCENARIOS 3. FURTHER ASSURANCE The Institute covenants that, upon request and at the cost of the Assignee, it will at all times from the date of this Assignment do all acts and execute all documents which are reasonably necessary to secure the vesting in the Assignee of all relevant rights in the Intellectual Property. 4. This Assignment is governed by English law, and the parties agree to submit to the non-exclusive jurisdiction of the English courts. SIGNED by LAKELAND INSTITUTE ) ) SIGNED by PLANCAN LIMITED ) ) What concerns would Lakeland have about this assignment? Remember that in order to commercialise the cancer cure successfully, PlanCan would need all the relevant IP from Lakeland. What concerns would Lakeland have about PlanCan? You should also be thinking about whether PlanCan needs assurances from Lakeland regarding the IP. 38

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