Domain Name Purchase Agreement (Pro-Buyer)

DOMAIN NAME PURCHASE AGREEMENT

This is an agreement between __________________________ ("Purchaser") and ______________________ ("Seller").

WHEREAS, Seller is the legal owner of the World Wide Web domain name "_________________" (the "Domain Name"); and

WHEREAS, Purchaser wishes to purchase the Domain Name and all related rights thereto;

THEREFORE, the parties agree as follows:

1.   Purchase. Seller hereby transfers and assigns to Purchaser:

a. all right, title and interest in and to the Domain Name;

b. any registered or unregistered trademarks, service marks, copyrights or other intellectual property or proprietary rights based on a related to the Domain Name; and

c. all goodwill associated with the Domain Name.

2.   Payment. As consideration for the matters set forth in Section 1, Purchaser agrees to pay the sum of (a) $___________ on the date hereof, and (b) $_____________ when the Domain Name has been fully transferred pursuant to Section 3 hereof.

3.   Registration of Transfer. When Seller receives ___________, he shall promptly initiate the transfer of the domain name to Purchaser by [insert brief description of procedure required by domain name registrar] and formally transfer the Domain Name to Purchaser....

_________________________

Different registrars have different procedures for transferring ownership of domain
names and these procedures are subject to change. For example....