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1. Parties: Identification of the licensor and licensee, including full legal names, registration details, and addresses
2. Background: Context of the agreement, including brief description of the software and purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement, including technical terms specific to the software
4. Grant of License: Detailed terms of the exclusive license, including scope, territory, and duration
5. License Restrictions: Specific limitations on use, including prohibited activities and territory restrictions
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights in the software
7. License Fees: Payment terms, including license fees, payment schedule, and payment methods
8. Maintenance and Support: Terms regarding software updates, bug fixes, and technical support
9. Warranties and Representations: Warranties regarding software ownership, performance, and compliance with laws
10. Confidentiality: Protection of confidential information and trade secrets
11. Term and Termination: Duration of agreement, renewal terms, and termination provisions
12. Post-Termination Obligations: Obligations of parties after agreement termination
13. General Provisions: Standard legal clauses including governing law, dispute resolution, and notices
1. Source Code Escrow: Terms for source code escrow arrangement, relevant when licensee requires access to source code under specific conditions
2. Data Protection: GDPR compliance provisions, required if software processes personal data
3. Professional Services: Terms for additional services like implementation, training, or customization
4. Service Level Agreement: Specific performance metrics and service levels, relevant for cloud-based or hosted software
5. Competition Law Compliance: Specific provisions ensuring compliance with competition laws, particularly relevant for market-dominant software
6. Export Control: Compliance with export control regulations, necessary for international licensing
7. Insurance: Insurance requirements and coverage details, relevant for high-value or high-risk software
8. Third-Party Software: Terms regarding incorporated third-party software or open-source components
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the licensed software
2. Schedule 2 - License Fees: Detailed breakdown of license fees, payment terms, and calculation methods
3. Schedule 3 - Service Level Agreement: Detailed performance metrics, response times, and service standards
4. Schedule 4 - Support and Maintenance Services: Detailed description of support services, maintenance terms, and procedures
5. Schedule 5 - Security Requirements: Security standards and requirements for software operation
6. Appendix A - Authorized Users: List of authorized users or user categories and their access rights
7. Appendix B - Technical Requirements: Hardware and software requirements for operating the licensed software
8. Appendix C - Implementation Plan: Timeline and milestones for software implementation, if applicable
Affiliate
Authorized Users
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Error
Excluded Territory
Exclusive Period
Force Majeure Event
Intellectual Property Rights
License Fee
License Term
Licensed Software
Maintenance Release
Major Release
Minor Release
Modifications
New Version
Object Code
Permitted Purpose
Personal Data
Service Level Agreement
Software Specification
Source Code
Support Services
Technical Requirements
Territory
Third-Party Software
Updates
Upgrades
User Interface
Working Hours
License Grant
Exclusivity
Intellectual Property Rights
License Fees
Payment Terms
Territory Restrictions
Usage Restrictions
Maintenance and Support
Service Levels
Warranties
Indemnification
Limitation of Liability
Confidentiality
Data Protection
Force Majeure
Term and Duration
Termination
Assignment
Sub-licensing
Audit Rights
Source Code Escrow
Technical Requirements
Documentation
Training
Implementation
Competition Law
Export Control
Dispute Resolution
Governing Law
Notices
Severability
Entire Agreement
Amendment
Third Party Rights
Compliance with Laws
Information Technology
Software Development
Financial Services
Healthcare
Manufacturing
Education
Government
Telecommunications
Professional Services
Retail
Transportation
Energy
Media and Entertainment
Legal
Information Technology
Procurement
Software Development
Compliance
Information Security
Finance
Business Development
Engineering
Risk Management
Commercial
Operations
Chief Technology Officer
Chief Information Officer
Legal Counsel
IP Attorney
Software Licensing Manager
Procurement Manager
IT Director
Software Development Manager
Business Development Director
Contract Manager
Technology Procurement Specialist
Information Security Officer
Enterprise Architect
Commercial Director
Head of Engineering
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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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