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1. Parties: Identification of the licensor and licensee, including full legal names and registered addresses
2. Background: Context of the agreement, brief description of the software, and purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. License Grant: Scope and nature of the license, including territory, duration, and type (exclusive/non-exclusive)
5. License Restrictions: Specific limitations on use, copying, modification, and distribution of the software
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights in the software
7. License Fees: Payment terms, fee structure, and payment schedule
8. Term and Termination: Duration of the agreement, renewal terms, and termination conditions
9. Warranties and Representations: Standard warranties regarding software ownership, performance, and non-infringement
10. Limitation of Liability: Limitations on liability and disclaimers compliant with Hong Kong law
11. Confidentiality: Protection of confidential information and trade secrets
12. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
13. General Provisions: Standard boilerplate clauses including assignment, severability, and entire agreement
1. Data Protection: Required if the software processes personal data, ensuring compliance with the Personal Data (Privacy) Ordinance
2. Support and Maintenance: Include if ongoing technical support and maintenance services are provided
3. Service Levels: Include if specific performance metrics or uptime guarantees are offered
4. Audit Rights: Include for enterprise licenses where usage monitoring is important
5. Export Control: Required if the software is subject to international export restrictions
6. Third-Party Software: Include if the software incorporates third-party components or open-source software
7. Disaster Recovery: Include for critical software applications requiring business continuity measures
8. Insurance: Include if specific insurance coverage is required for high-value or high-risk applications
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the software
2. Schedule 2 - License Fees: Detailed breakdown of license fees, payment structure, and calculations
3. Schedule 3 - Service Level Agreement: Detailed performance metrics, response times, and service standards
4. Schedule 4 - Support and Maintenance Services: Scope of support services, response times, and escalation procedures
5. Schedule 5 - Acceptable Use Policy: Detailed terms of acceptable use and restrictions
6. Appendix A - System Requirements: Technical requirements for operating the software
7. Appendix B - Documentation: List of user manuals and technical documentation provided
8. Appendix C - Security Requirements: Security standards and protocols to be followed
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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
