Common use of The Transfer Clause in Contracts

The Transfer. 2.1 Under terms and conditions of this Agreement, Party A agrees to transfer to Party B all copyrights of the Transferred Software in all jurisdictions, and Party B accepts such transfer. 2.2 The Parties hereby agree that, after the execution of this Agreement, Party A shall deliver to Party B the Transferred Software and all related technical information and data (including but not limited to all source code of the Transferred Software) on the date Party A receives payment in the amount set forth in Exhibit B. 2.3 From the date Party B is registered as the copyright owner of the Transferred Software, Party B shall be entitled to the copyright of the Transferred Software; Party B shall therefore become the copyright owner of the Transferred Software, shall enjoy all rights to own, use or dispose of the Transferred Software, and shall be entitled to all benefits arising from the Transferred Software. 2.4 Party A shall transfer to Party B all rights related to the Transferred Software after the execution of this Agreement. 2.5 Party A shall file with the regulatory authority all relevant materials regarding copyright transfer of the Transferred Software within 15 business days following the date of this Agreement.