Legal Question in Technology Law in New Jersey

Internet Domain Ownership?

I worked for a co. that had a HORRIBLE domain name. I was Marketing Director/Rep, so to make my job easier I bought a new, more easily remembered domain name. I pointed the new domain name to the old site/domain. I paid for it on my credit card, I never charged the company for it. Do a whois check and it's ME that is listed as owner. Marketing materials were made with MY domain name.

Since I left the company I (out of courtesy) left my domain pointed at the old domain. Now my old boss is basically threatening me to give him the domain name I bought or he will ''take it to the next level''. I have researched the worth of the domain and it is worth several thousand dollars...especially valuable to other businesses within the industry with similar set-ups/equipment.

The company bought several new locations and their new marketing person wants to make a new website with an even more appropriate domain for a website that would cover ALL the locations.

I said I would continue to point my domain to their NEW domain for a reasonable amount of time to ''phase it out''...a year, at no charge, until all of their marketing materials, cards, etc are reprinted with the new domain name.

Am I in the right? I'd like to sell the URL

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