This is an agreement between an owner of a Trademark (Assignor ) and an interested party (Assignee), wherein the Assignor intends to transfer the rights, titles and interests in the Trademark to the Assignee in accordance with the conditions  negotiated between parties.

This Deed gives the assignee the legal right to use the trademark of the owner.

It is obtainable when there is an intention to assign absolute rights. However, the Assignor still retains the goodwill of the business.