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1. Parties: Identification of the licensor and licensee with full legal entity details
2. Background: Context of the agreement and brief description of the licensed material/technology
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Scope and nature of the license being granted, including territory and exclusivity terms
5. License Fees and Payment Terms: Financial terms, payment schedule, and invoicing requirements
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights
7. Use Restrictions: Limitations and restrictions on the use of licensed material
8. Confidentiality: Protection of confidential information exchanged under the agreement
9. Term and Termination: Duration of agreement and circumstances for termination
10. Warranties and Representations: Guarantees provided by each party
11. Liability and Indemnification: Allocation of risks and responsibilities between parties
12. General Provisions: Standard legal clauses including governing law, jurisdiction, and notices
1. Maintenance and Support: Terms for ongoing technical support and maintenance (for software licenses)
2. Audit Rights: Right to audit licensee's use of licensed material (for high-value or complex licenses)
3. Source Code Escrow: Provisions for source code protection and access (for software licenses)
4. Data Protection: GDPR compliance terms where personal data processing is involved
5. Export Control: Compliance with export regulations for international licensing
6. Sublicensing Rights: Terms for allowing licensee to sublicense to third parties
7. Change Control: Process for managing changes to licensed material or terms
8. Service Levels: Performance standards and metrics (for software or technology licenses)
1. Licensed Material: Detailed description of licensed IP, software, or technology
2. Technical Specifications: Technical details and requirements of licensed material
3. Fee Schedule: Detailed breakdown of license fees, royalties, and payment terms
4. Service Level Agreement: Detailed service levels and performance metrics
5. Approved Sublicensees: List of pre-approved sublicensees if applicable
6. Security Requirements: Technical and organizational security measures required
7. Implementation Plan: Timeline and milestones for license implementation
8. Approved Use Cases: Specific authorized uses of the licensed material
Authorized Users
Background IP
Business Day
Confidential Information
Documentation
Effective Date
Force Majeure
Intellectual Property Rights
Licensed Material
License Fees
License Term
Maintenance Services
Material Breach
Modifications
Net Sales
New Version
Object Code
Parent Company
Patents
Permitted Purpose
Proprietary Rights
Quarter
Receiving Party
Revenue
Royalties
Service Levels
Source Code
Specifications
Subsidiary
Support Services
Technical Information
Territory
Third Party
Trade Secrets
Updates
Use
User Manual
Working Hours
Workstation
Intellectual Property Rights
Payment Terms
Confidentiality
Warranties
Indemnification
Limitation of Liability
Term and Termination
Force Majeure
Assignment
Governing Law
Dispute Resolution
Notices
Entire Agreement
Severability
Amendment
Non-Competition
Data Protection
Audit Rights
Export Control
Compliance with Laws
Technical Support
Maintenance
Quality Control
Territory Restrictions
Sub-licensing
Reporting
Insurance
Documentation
Training
Implementation
Security Requirements
Change Control
Escrow
Performance Standards
Information Technology
Software Development
Manufacturing
Pharmaceuticals
Biotechnology
Telecommunications
Automotive
Electronics
Media and Entertainment
Financial Services
Healthcare
Industrial Technology
Consumer Goods
Energy
Legal
Intellectual Property
Procurement
Finance
Information Technology
Research and Development
Business Development
Compliance
Commercial Operations
Technology Transfer
Legal Counsel
Intellectual Property Manager
Licensing Director
Chief Technology Officer
Commercial Director
Procurement Manager
Contract Manager
Chief Legal Officer
Business Development Director
Chief Financial Officer
Technology Transfer Manager
Compliance Officer
IP Rights Manager
General Counsel
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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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