diff --git a/agreements/README.md b/agreements/README.md
index 2ecf05dc..2834f59f 100644
--- a/agreements/README.md
+++ b/agreements/README.md
@@ -1,2 +1,9 @@
 # CNCF Trademark and Account Assignment Agreements
 
+This folder contains the [deprecated trademark agreements](https://github.com/cncf/foundation/tree/main/agreements/deprecated) that CNCF projects used to transfer trademarks to the Linux Foundation.
+
+Projects will now complete a "Contribution Agreement" that is generated as a Google document for them. This will then be executed via Docusign by the contributors and the LF.
+
+The new process follows the [CNCF Governing Board's approval](https://www.cncf.io/wp-content/uploads/2024/10/2024-Oct-09-GB-Voting-Results.pdf) of a [resolution](https://docs.google.com/document/d/1jeSSq8LvpRaw_6GWNeGjVEV0n9WoCJ-x3oTiUyJWYSk/edit?tab=t.0#heading=h.3sfarlt0uip7) that establishes a [new Series LLC model for projects](https://docs.google.com/document/d/1ddxjFfABSiubJ9by9P3p9lszNSMetonJGFtV-NEb_Pc/edit?tab=t.0#heading=h.so0m36vqkre0).
+
+[Additional context](https://github.com/cncf/foundation/issues/910).
diff --git a/agreements/CNCF Trademark and Account Assignment Agreement (2020 - no reg trademarks).pdf b/agreements/deprecated/CNCF Trademark and Account Assignment Agreement (2020 - no reg trademarks).pdf
similarity index 100%
rename from agreements/CNCF Trademark and Account Assignment Agreement (2020 - no reg trademarks).pdf
rename to agreements/deprecated/CNCF Trademark and Account Assignment Agreement (2020 - no reg trademarks).pdf
diff --git a/agreements/CNCF Trademark and Account Assignment Agreement (2020 - reg trademarks).pdf b/agreements/deprecated/CNCF Trademark and Account Assignment Agreement (2020 - reg trademarks).pdf
similarity index 100%
rename from agreements/CNCF Trademark and Account Assignment Agreement (2020 - reg trademarks).pdf
rename to agreements/deprecated/CNCF Trademark and Account Assignment Agreement (2020 - reg trademarks).pdf