This Domain Name Sale and Ownership Transfer Agreement (“Agreement”) is entered into between[Seller’s name]of[Seller’s company name, if applicable]located at[Seller’s full address](“Seller”), and[Purchaser’s name]of[Purchaser’s company name, if applicable]located at[Purchaser’s full address](“Purchaser”) on this[effective date]. This agreement sets forth all terms and conditions under which Seller agrees to sell and transfer to Purchaser all ownership rights in and to the domain name[domain name](“Domain Name”) including any and all trademark rights if any and attendant goodwill associated therewith.
Seller and the Purchaser hereby agree as follows:
Purchase Price. In consideration for payment of[purchase price, written-out]dollars ($ purchase price, numerical.00), the sufficiency of which is hereby acknowledged (“Purchase Price”), paid by Purchaser to Seller, Seller hereby assigns, sells, transfers and conveys to Purchaser all of Seller’s right, title, and interest in and to the Domain Name. Payment will be made in US dollars.
Seller’s Representations. Seller represents and warrants that it is the lawful and exclusive registrant of the Domain Name and no other party has any right to registration of the Domain Name or has otherwise made any claim to the Domain Name. Seller further represents and warrants that it has the exclusive authority to enter into this transaction and transfer the Domain Name, free of the claims of any third parties.
Transfer of the Domain Name. The Domain Name is registered with[Registrar’s name] (“Registrar”), an ICANN accredited registrar system. Upon confirmation of receipt of Purchase Price, Seller shall provide Purchaser with a password or Seller shall push the Domain Name to Purchaser’s account at Registrar within 2 days of receiving payment. This enables Purchaser to modify the registration information as desired, transfer the Domain Name to a different Registrar, and/or to change Purchaser’s password/username to take full control of the Domain Name.
Further Assurances. Seller shall take all necessary actions, including providing all necessary documentation to Purchaser in order to transfer Domain Name to Purchaser.
5. Escrow. Seller and Purchaser agree to use the services of Escrow.com as a third party escrow
agent assigned to hold and regulate payment of the funds required for the Buyer and Seller. Buyer
and Seller agree that the Escrow agency shall release funds when all of the terms of an agreement
are met as overseen by the escrow company. The Escrow Agency service fees will be paid by the
buyer and the seller, each paying 50% of the cost.
6. Counterparts / Fax. This Agreement may be signed in counterparts. Signed counterparts of this
Agreement transmitted via Fax are equivalent to a signed original of this Agreement.
7. Governing Law. This Agreement is made under and shall be governed by and interpreted in
accordance with the laws of the [Purchaser’s state],[Purchaser’s county], without regard to that
state’s choice of law principles, which may direct the application of the laws of another jurisdiction.
Entire Agreement. This Agreement constitutes and contains the entire agreement between the parties with respect to the subject matter herein and supersedes any prior oral or written agreements. This Agreement cannot be changed, modified, amended, or supplemented, except in writing signed by all parties hereto.
IN WITNESS WHEREOF, Seller and Purchaser have caused this Agreement to be executed by their duly authorized representatives.
[Purchaser’s name, signature above]
[Seller’s name, signature above]