THIS DEED OF GIFT made the ________ day of __________
BETWEEN _________________________________________________ (insert the name of
Donor, address, etc.) (hereinafter called the doner) of the ONE PART AND _______________________________________________ (insert the name of Donee,
address, etc.) (hereinafter called the Donee) sons of the donor of the OTHER PART. WHEREAS: 1. The donor has for many years past carried on the trade or business of
__________ at __________ (hereinafter called the said business) and in
connection therewith is the registered proprietor of the trademarks short
particulars of which are set out in the first schedule hereto.
2. The donor is the registered proprietor of letters patent for the invention
described in the second schedule hereto (hereinafter called the invention).
3. By articles of partnership bearing even date with and executed immediately
before this deed and made between the donees respectively the donees agreed
to carry on in co-partnership the trade or business of __________ (hereinafter
called the partnership business) subject to the stipulations therein contained for
a term of __________ years from the date thereof.
4. With a view to setting up the donees in the partnership business the donor is
desirous of assigning the goodwill of his said business and the said trademarks
to the donees and granting to them the licence hereinafter contained.
NOW THIS DEED WITNESSETH as follows:
1. In consideration of his natural love and affection for the donees, the donor
hereby assigns unto the donees all that the goodwill of the said business and
also all those the trademarks specified in the first schedule hereto and all the
rights and privileges incidental thereto TO HOLD the same unto the donees
absolutely as joint tenants as the property of the partnership business subject to
the provisions and stipulations contained in the said articles of partnership.
2. For the consideration aforesaid the donor hereby grants unto the donees and the
survivor of them personally and so that this licence shall not be assignable the
exclusive licence to make use exercise and vend the invention in all parts of the
Country during the residue of the term of the said patent and any renewal or
extension of such term if the donees or such survivor shall so long continue to
carry on the partnership business subject to the donees or the survivor of them
at their or his own cost keeping up the said letters patent [and with power to the
donees or the survivor of them at the like cost to taken in the name of the donor
all necessary legal proceedings for effectually protecting or defending the same
against infringement.
THE FIRST SCHEDULE ABOVE REFERRED TO: THE SECOND SCHEDULE ABOVE REFERRED TO: IN WITNESS etc.

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This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.

Our Family Law team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. Our family law team handles divorce, maintenance, custody and succession matters.

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Deed of Gift by Father in Favour of Two Sons

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