Intellectual Property Assignment Agreement
This agreement is made on 1 December 2026 between:
- Lucia Fernandez, of 14 Calle del Sol, 28012 Madrid, Spain ("the Creator"); and
- Brightwater Analytics Ltd, of 20 Harbour Street, Dublin D02 AB12, Ireland ("the Company").
1. Definitions
In this agreement:
- "the Work" means the logo, the brand guidelines and the website designs created for the company between 1 June and 30 October 2026, including all drafts and source files, and every copy, version, draft, part and derivative of it that the Creator has made or makes before the Work is delivered to the Company;
- "Rights" means all intellectual property rights and similar rights anywhere in the world, whether registered or not, including copyright and related rights, design rights, rights in software and source code, database rights, patents and the right to apply for them, trade marks and goodwill, rights in confidential information and know-how, and all applications, renewals and extensions of any of them;
- "Excluded Materials" means the materials described in section 7.
How the Work was created: under the freelance agreement dated 25 May 2026
2. Assignment
2.1 In return for the payment in section 4, the Creator assigns to the Company, with full ownership and free of any charge or claim of others, all Rights in the Work, for their full term including any renewal or extension, in every country.
2.2 The assignment includes the right to bring a claim for any infringement of the Rights that happened before or happens after the date of this agreement, and to keep what is recovered.
2.3 The assignment covers Rights that already exist and, as far as the law allows, Rights that come into existence later in the Work. To the extent that the law does not allow a future Right to be assigned in advance, the Creator agrees to assign it to the Company when it arises, and holds it for the Company until then.
2.4 The Company may use, copy, change, adapt, translate, publish, sell, license and transfer the Work, in any form or medium, with or without naming the Creator, without further permission or payment.
2.5 If any part of the assignment is not valid under the law of a country, the Creator grants the Company, for that part and that country, an exclusive, worldwide, permanent, irrevocable, transferable licence with the right to sub-license, to the fullest extent the law allows, and the Creator will not use that Right against the Company or anyone who uses the Work with its permission.
3. Delivery
The Creator will hand over to the Company, within 7 days after the effective date or earlier if the Company asks, all copies of the Work in every form the Creator holds, including source files and the information needed to use, edit and maintain it. After that the Creator will keep no copy unless the Company allows it in writing.
4. Payment
4.1 The Company will pay the Creator EUR 4,500, paid within 14 days of signing for this assignment.
4.2 The Creator confirms that this payment, together with any payment due under any other agreement about the Work, is full payment for the Rights assigned and for the handover of the Work, and that no royalty or other sum is due for later use.
4.3 Any tax that the Creator owes on the payment is the Creator's responsibility. The Company may deduct tax from the payment only where the law requires it, and will then give the Creator proof of what it paid to the tax authority.