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1. Parties: Identifies and provides full legal details of the licensor and licensee
2. Background: Contextual information explaining the purpose of the agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Grant of License: Specifies the exact nature, scope, and limitations of the license being granted
5. Term and Territory: Defines the duration of the license and the geographic area where it applies
6. License Fees and Payment Terms: Details the financial terms, payment schedule, and related obligations
7. Intellectual Property Rights: Clarifies ownership of IP and any restrictions on its use
8. Confidentiality: Provisions protecting confidential information exchanged during the license relationship
9. Warranties and Representations: Statements of assurance from both parties regarding their rights and capabilities
10. Indemnification: Obligations to protect against and compensate for certain losses or damages
11. Termination: Conditions and procedures for ending the agreement
12. General Provisions: Standard legal clauses including governing law, notices, and dispute resolution
1. Quality Control: Required when licensing involves branded products or services requiring specific quality standards
2. Sublicensing Rights: Include when the licensee may be permitted to sublicense to third parties
3. Performance Obligations: Used when specific performance targets or minimums are required
4. Source Code Escrow: Necessary for software licensing agreements to protect licensee access
5. Data Protection: Required when personal data processing is involved in the licensed activities
6. Training and Support: Include when the license includes ongoing technical support or training services
7. Export Control: Necessary when licensed items may be subject to export regulations
8. Insurance: Include when specific insurance coverage is required for licensed activities
1. Schedule 1: Licensed Property: Detailed description of the intellectual property being licensed
2. Schedule 2: Fee Schedule: Comprehensive breakdown of all fees, royalties, and payment terms
3. Schedule 3: Technical Specifications: Technical details, standards, and requirements for the licensed property
4. Schedule 4: Service Levels: Performance metrics and service standards if applicable
5. Schedule 5: Approved Use Cases: Specific permitted uses and applications of the licensed property
6. Appendix A: Form of Reports: Templates for required reporting under the agreement
7. Appendix B: Quality Control Standards: Detailed quality requirements and testing procedures if applicable
8. Appendix C: Contact Details: Key contacts and notice details for both parties
Approved Purpose
Background IP
Business Day
Commencement Date
Confidential Information
Effective Date
Fee Schedule
Force Majeure Event
Governmental Authority
Improvements
Initial Term
Intellectual Property Rights
Law
License
Licensed Material
Licensed Property
Licensed Rights
Licensed Territory
Licensee
Licensor
Loss
Moral Rights
Net Sales
Notice
Party/Parties
Patent Rights
Personnel
Quality Standards
Renewal Term
Royalties
Schedule
Source Code
Specifications
Sub-license
Term
Territory
Third Party
Trade Marks
Updates
Use
Working Day
Intellectual Property Rights
Payment and Royalties
Term and Termination
Confidentiality
Warranties and Representations
Indemnification
Quality Control
Performance Requirements
Territory Restrictions
Sub-licensing Rights
Technical Support
Maintenance and Updates
Reporting Requirements
Audit Rights
Force Majeure
Assignment
Non-Competition
Dispute Resolution
Governing Law
Notices
Amendments
Entire Agreement
Severability
Waiver
Interpretation
Compliance with Laws
Insurance
Data Protection
Export Control
Technology
Software Development
Manufacturing
Entertainment
Media
Biotechnology
Pharmaceuticals
Consumer Goods
Retail
Education
Research and Development
Healthcare
Telecommunications
Publishing
Gaming
Legal
Intellectual Property
Business Development
Commercial
Contracts Administration
Technology
Compliance
Operations
Research and Development
Product Management
Legal Counsel
Intellectual Property Manager
Licensing Manager
Business Development Director
Commercial Manager
Contract Administrator
Chief Technology Officer
Chief Legal Officer
IP Rights Manager
Technology Transfer Officer
General Counsel
Compliance Officer
Operations Manager
Product Manager
Research Director
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Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it


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