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1. Parties: Identification of the licensor and licensee, including full legal names, addresses, and company registration details
2. Background: Context of the agreement, brief description of the intellectual property being licensed, and the parties' intentions
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Specific terms of the unlimited license, including scope, territory, and confirmation of perpetual nature
5. Intellectual Property Rights: Clarification of IP ownership, protection obligations, and handling of improvements or derivatives
6. Payment Terms: License fees, payment schedule, and any ongoing royalties or maintenance fees
7. Representations and Warranties: Warranties regarding IP ownership, non-infringement, and quality assurances
8. Confidentiality: Protection of confidential information exchanged during the license relationship
9. Term and Termination: Duration of the agreement and circumstances under which it may be terminated, despite being unlimited
10. Governing Law and Jurisdiction: Specification of Canadian law as governing law and jurisdiction for dispute resolution
11. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendment procedures
1. Source Code Escrow: For software licenses, provisions for source code escrow arrangements
2. Support and Maintenance: Terms for ongoing technical support and maintenance services, if provided
3. Data Protection: Specific provisions for handling personal data when the licensed product involves data processing
4. Export Control: Compliance requirements for cross-border usage of the licensed material
5. Sub-licensing Rights: Terms governing the licensee's right to sub-license, if permitted
6. Quality Control: For trademark licenses, provisions ensuring quality control of branded products
7. Change of Control: Provisions addressing consequences of ownership changes in either party
8. Insurance: Requirements for insurance coverage related to the licensed property
1. Schedule A - Licensed Property: Detailed description of the intellectual property being licensed
2. Schedule B - Technical Specifications: Technical details, performance requirements, or quality standards
3. Schedule C - Fee Schedule: Detailed breakdown of all fees, royalties, and payment terms
4. Schedule D - Service Levels: Performance metrics and service level requirements, if applicable
5. Appendix 1 - Approved Use Cases: Specific examples and scenarios of permitted uses of the licensed property
6. Appendix 2 - Security Requirements: Security standards and protocols to be maintained
7. Appendix 3 - Contact Information: Key contacts for both parties for various aspects of the agreement
Affiliate
Applicable Law
Background IP
Business Day
Confidential Information
Derivative Works
Documentation
Effective Date
Force Majeure
Intellectual Property Rights
Licensed Property
Licensed Technology
License Fee
Licensor Materials
Maintenance Services
Modifications
Notice
Patent Rights
Permitted Use
Personal Information
Related Rights
Representatives
Source Code
Specifications
Support Services
Technical Information
Territory
Third Party
Trade Secrets
Updates
Use Cases
User
Working Hours
Implementation Period
Integration
Quality Standards
Security Requirements
Service Levels
Trademark Guidelines
Reporting Period
Grant of Rights
License Scope
Payment Terms
Intellectual Property Rights
Confidentiality
Representations and Warranties
Indemnification
Limitation of Liability
Term and Termination
Force Majeure
Assignment
Governing Law
Dispute Resolution
Notice Requirements
Entire Agreement
Severability
Amendment
Quality Control
Technical Support
Maintenance
Security Requirements
Data Protection
Compliance with Laws
Export Control
Record Keeping
Audit Rights
Sub-licensing
Territory Restrictions
Non-Competition
Performance Standards
Implementation
Training
Documentation
Insurance
Escrow
Change of Control
Anti-Corruption
Publicity
Survival
Technology
Software Development
Media and Entertainment
Manufacturing
Healthcare
Education
Research and Development
Telecommunications
Biotechnology
Consumer Products
Professional Services
Publishing
Gaming
Industrial Design
Artificial Intelligence
Legal
Intellectual Property
Business Development
Research and Development
Information Technology
Compliance
Commercial Operations
Product Development
Innovation
Risk Management
Corporate Strategy
Procurement
Technology Transfer
Operations
Legal Counsel
Intellectual Property Manager
Business Development Director
Chief Technology Officer
Licensing Manager
Contract Administrator
Chief Legal Officer
Innovation Director
Research Director
Product Manager
Commercial Director
Compliance Officer
Technology Transfer Officer
IP Strategist
General Counsel
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Unlimited License
A Canadian law-governed agreement granting perpetual and unlimited rights to use specified intellectual property or technology.
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