Suitable for the sale of a trademark which is in the process of being registered
In both instances, assignment is the process whereby a person, the assignor, transfers rights or benefits to another, the assignee. … The right or benefit being assigned may be a gift (such as a waiver) or it may be paid for with a contractual consideration such as money.
A trade mark is a sign used in business to indicate that goods or services come from a particular trader or service provider. A trade mark can be a phrase, word, letter, name, signature, numeric device, logo, colour, symbol, picture, aspect of packaging or shape, and even a scent or sound. It can consist of words or images alone or any combination of the above signs.