Transfer Of Source Code Agreement

When: code is usually transferred to agreed milestones; in many cases, according to formal publications. In addition, the software must be passed on to the business owner in such a way that it can be used or promoted. In other words, the software developer who coded the program must transfer some type of financial rights related to the program that are the subject of intellectual property when it transfers the program. [3] These rights are particularly necessary for the employer to use and benefit from the program. As set out in Article 48 of the LIAW, the parties may decide, by agreement, that intellectual property rights are transferred upon delivery of the program and their extent. PandaTip: The Term and Termination section of this proposal sets out the terms for termination of this Source Code Agreement by either party. .