Canada Acquisition Agreement for Co-Ownership Rights in Software

Prepare an Acquisition Agreement for Co-Ownership Rights between a software developer (vendor) and an investor (purchaser) with this template contract for Canada.

In return for investing in the project, the investor ⁄ purchaser will acquire a percentage co-ownership right in the vendor's software.
The investor ⁄ purchaser also purchases the patent rights and grants the developer the right to use and sublicense the patent rights.
Each party retains all rights to its own subsequent modifications to the software.
The investor ⁄ purchaser agrees not to solicit any of the developer's customers or employees for a period of one year following the closing of the transaction.
The developer agrees to indemnify the investor ⁄ purchaser against any claims or losses arising from an infringement claim with respect to the software.

This Canada Acquisition Agreement for Co-Ownership Rights in Software template is available in MS Word format and is fully editable to fit your circumstances.