Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification and details of the licensor and licensee, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, description of the intellectual property being licensed, and the parties' objectives
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. License Grant: Scope, nature (exclusive/non-exclusive), and territory of the license, including any field-of-use restrictions
5. Term and Termination: Duration of the agreement, renewal terms, and circumstances for termination
6. Payment Terms: License fees, royalties, payment schedule, currency, and payment methods
7. Intellectual Property Rights: Ownership confirmation, protection of IP rights, and handling of improvements
8. Confidentiality: Protection of confidential information exchanged during the agreement
9. Warranties and Representations: Warranties regarding IP ownership, right to license, and non-infringement
10. Liability and Indemnification: Limitation of liability and indemnification obligations of both parties
11. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendment procedures
1. Quality Control: Required for trademark licenses or when specific quality standards must be maintained
2. Sublicensing Rights: Include when the licensee is permitted to sublicense the intellectual property
3. Export Control: Necessary for international licensing agreements involving regulated technologies
4. Source Code Escrow: Required for software licensing agreements where source code access may be needed
5. Performance Obligations: Include when minimum sales or usage requirements are imposed on the licensee
6. Training and Support: Necessary when technical support or training is part of the licensing arrangement
7. Data Protection: Required when personal data processing is involved in the licensed activities
8. Insurance: Include when specific insurance coverage is required for the licensed activities
1. Schedule 1: Licensed Intellectual Property: Detailed description of the licensed IP, including registration numbers and jurisdictions
2. Schedule 2: Technical Specifications: Technical details and requirements for the licensed technology or product
3. Schedule 3: Royalty Calculations: Detailed formulas and examples for calculating royalties
4. Schedule 4: Quality Standards: Specific quality requirements and testing procedures
5. Schedule 5: Service Levels: Performance metrics and service level requirements if applicable
6. Appendix A: Approved Forms: Standard forms for reporting, ordering, or other routine communications
7. Appendix B: Territory Definition: Detailed description of the geographic scope of the license
8. Appendix C: Trademark Usage Guidelines: Guidelines for proper use of licensed trademarks if applicable
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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 data is 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
