The right conferred by the registration of or application for a trademark may be transferred or assigned to another person in respect of some or all of the goods or services for which the trademark is protected.
To be valid and enforceable against third parties the assignment shall be recorded with the Armenian Intellectual Property Agency (AIPA). Information on assignments is published in the Official Journal of the AIPA.
The business previously attached to the mark does not have to be transferred together with the trademark. To record the assignment, the parties do not have to include a value or consideration for the goodwill attached to the trademark.
The AIPA does not control the conditions of the assignment. However, an assignment may be prohibited if it could potentially deceive the public concerning the nature, quality or origin of the goods and services.
Rights to unregistered trademarks can be assigned under general provisions of the civil law and are not subject to recording.
The copyright in these pages and all other intellectual property and proprietary rights therein belongs to Vardanyan & Partners and all rights are reserved.