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You keep IP ownership of your information
1. Parties: Identification and details of the licensor and licensee, including registered addresses and company details
2. Background: Context of the agreement, brief description of the hardware, and purpose of the license
3. Definitions: Detailed definitions of technical terms, hardware components, and key concepts used throughout the agreement
4. License Grant: Scope of the license, permitted uses, restrictions, and territory limitations
5. Delivery and Installation: Terms regarding hardware delivery, installation requirements, and acceptance procedures
6. License Fees and Payment: Payment terms, fee structure, and payment schedule
7. Hardware Specifications: Technical specifications, performance requirements, and compliance standards
8. Maintenance and Support: Terms for hardware maintenance, technical support, and updates
9. Warranties and Representations: Hardware warranties, performance guarantees, and compliance with Swiss regulations
10. Intellectual Property Rights: IP ownership, protection measures, and infringement procedures
11. Confidentiality: Protection of confidential information and trade secrets
12. Liability and Indemnification: Limitation of liability, indemnification obligations, and risk allocation
13. Term and Termination: Duration of agreement, renewal terms, and termination conditions
14. General Provisions: Standard clauses including governing law, jurisdiction, and dispute resolution
1. Export Controls: Include when hardware is subject to international trade restrictions or export regulations
2. Data Protection: Required when hardware processes personal data or connects to data processing systems
3. Training and Documentation: Include when hardware requires specific user training or detailed documentation
4. Quality Assurance: Add when specific quality standards or testing procedures are required
5. Insurance: Include when specific insurance coverage is required for high-value or high-risk hardware
6. Source Code Escrow: Required when hardware includes embedded software with source code protection
7. Environmental Compliance: Add when hardware must meet specific environmental or disposal regulations
8. Security Requirements: Include for hardware with specific security features or requirements
1. Technical Specifications: Detailed technical specifications and performance requirements of the hardware
2. Pricing Schedule: Detailed breakdown of license fees, maintenance costs, and payment terms
3. Service Level Agreement: Performance metrics, response times, and support levels
4. Maintenance Procedures: Detailed maintenance requirements and procedures
5. Acceptance Testing Criteria: Specific criteria and procedures for hardware acceptance testing
6. Compliance Certificates: Required regulatory and safety compliance certificates
7. Hardware Documentation: User manuals, technical documentation, and operational guidelines
8. Authorized Locations: List of approved locations for hardware installation and use
Acceptance Testing
Authorized Location
Authorized Users
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Force Majeure Event
Hardware
Hardware Components
Hardware Specifications
Initial Term
Installation
Intellectual Property Rights
License
License Fees
Licensed Hardware
Maintenance Services
Operating Environment
Performance Standards
Permitted Purpose
Personnel
Product Updates
Related Services
Renewal Term
Service Level Agreement
Site
Software Components
Support Services
System Requirements
Technical Specifications
Term
Territory
Third Party Components
Updates
Upgrades
Warranty Period
Working Hours
Payment
Delivery
Installation
Acceptance Testing
Hardware Specifications
Technical Requirements
Performance Standards
Maintenance and Support
Training
Documentation
Warranties
Intellectual Property
Confidentiality
Data Protection
Liability
Indemnification
Insurance
Force Majeure
Term and Duration
Termination
Export Control
Compliance
Quality Assurance
Security
Environmental
Dispute Resolution
Governing Law
Assignment
Subcontracting
Notice
Entire Agreement
Severability
Waiver
Amendment
Counterparts
Information Technology
Manufacturing
Industrial Automation
Healthcare Technology
Telecommunications
Aerospace and Defense
Automotive
Consumer Electronics
Medical Devices
Research and Development
Financial Services
Energy and Utilities
Legal
Procurement
Information Technology
Engineering
Operations
Compliance
Risk Management
Technical Support
Product Development
Supply Chain
Contract Administration
Chief Technology Officer
Procurement Manager
Legal Counsel
Hardware Engineer
IT Director
Compliance Officer
Operations Manager
Technical Project Manager
Contract Administrator
Risk Manager
Technology Licensing Manager
Supply Chain Manager
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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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