Mission Statement

The Model IP Security Agreement Task Force is working on a model security agreement and possibly other documents dealing with intellectual property as collateral. Details to follow - you can join the Task Force on this webpage.

Message from Task Force Chairs

Next Meeting (via conference call)

• Date: Wednesday May 15, 2013 (3d Wednesday in May)
• Time: 4:00pm Eastern/3:00pm Central/2:00pm Mountain/1:00pm Pacific.
• Toll Free Dial-in: 866.646.6488
• International Dial-in: +1.707.287.9583
• Conference Passcode : 9101063640

2013 Spring Meeting. The Model Intellectual Property Security Agreement (MIPSA) Task Force met jointly with the IP Financing Subcommittee of the Commercial Financing Committee and at the Business Law Section’s Spring Meeting in Washington, D.C. We reviewed the most recent draft of the model agreement (still a kind of Frankenstein draft, assembled from bits of different security agreements accessed through the kiiac database.)

Volunteers. We are still looking for volunteers to review particular sections or provisions and recommend language. You can use kiiac, which lets you compare some 140 analogous language in other agreements, or by using your own experience or other sample agreements.

Monthly Meetings. We are scheduling regular monthly conference calls, for about 2 hours each, beginning on May 15, 2013:

• Date: Third (3d) Wednesday of each month
• Time: 4:00pm Eastern/3:00pm Central/2:00pm Mountain/1:00pm Pacific.
• Toll Free Dial-in: 866.646.6488
• International Dial-in: +1.707.287.9583
• Conference Passcode : 9101063640

Thanks for your interest!

Kathi Allen

Join Us

- Join Our Task Force
- Join Our Section (Business Law)
- Join The ABA

Leadership

Sub-Committee Chairs:  Katherine Simpson Allen, Matthew W Kavanaugh

Sub-Committee Vice-Chairs:  David M Fournier, John E Murdock

Committee Roster (72 total members)

Current Working Draft

See Meeting Materials above for Working Draft dated 05/01/13 with redline showing changes from 04/02/13 draft. Still very much a work in progress, focused on Section 1 (Definitions), Section 2 (Grant of Security Interest), and Section 3 (Representations and Warranties). The “Current Draft” part of the Introduction has more explanation.
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Meeting Materials

MIPSA Working Draft 5/1/13

MIPSA redline 5/01/13

MIPSA Working Draft 4/2/13

IP Collateral Descriptions (Spring 2011)

MIPSA Redline Draft 4/2/13

more links...

Prior Reports

2012 Annual Meeting, 2011 Spring Meeting, 2010 Annual Meeting.
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LISTSERV Lists (help)

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kiiac Document Asembly - Introduction

The Task Force is developing an innovative approach to drafting a form agreement, with the aid of some technological tools and systems. We hope that this new wizardly approach will allow more people to participate remotely in making the decisions necessary to create such a document, will provide more data, in a more usable form, to be used in making those decisions, and will be more fun.
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