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1. Parties: Identification of the licensor and licensee with full legal details
2. Background: Context of the agreement, including brief description of the product and purpose of the license
3. Definitions: Defined terms used throughout the agreement, including Product, Licensed Rights, Territory, etc.
4. Grant of License: Scope of license, permitted uses, and any restrictions on use of the Product
5. License Fees and Payment: Payment terms, fee structure, payment schedule, and invoicing requirements
6. Intellectual Property Rights: Ownership of IP, protection of rights, and handling of improvements
7. Obligations of the Parties: Key responsibilities of both licensor and licensee
8. Technical Requirements: Minimum system requirements, installation procedures, and technical specifications
9. Support and Maintenance: Terms for technical support, updates, and maintenance services
10. Term and Termination: Duration of agreement, renewal terms, and termination provisions
11. Confidentiality: Protection of confidential information exchanged during the license relationship
12. Warranties and Disclaimers: Product warranties, performance guarantees, and limitation of liability
13. Governing Law and Jurisdiction: Application of Dutch law and jurisdiction for dispute resolution
14. General Provisions: Standard boilerplate clauses including assignment, variation, and notices
1. Data Protection: Required if the Product processes personal data, ensuring GDPR compliance
2. Source Code Escrow: Optional protection for licensee through source code escrow arrangements
3. Export Control: Required if the Product is subject to export control regulations
4. Training and Implementation: Optional section for complex products requiring specific training or implementation services
5. Service Level Agreement: Optional section defining performance metrics and service levels
6. Audit Rights: Optional rights to audit usage and compliance, particularly for usage-based licensing
7. Customer Reference Rights: Optional rights for licensor to use licensee as a reference customer
8. Geographic Restrictions: Required if the license is limited to specific territories or regions
1. Schedule 1 - Product Specification: Detailed technical specifications of the licensed Product
2. Schedule 2 - License Fees: Detailed fee structure, including any variable components
3. Schedule 3 - Support Services: Detailed description of support and maintenance services
4. Schedule 4 - Service Levels: Performance metrics and service level commitments
5. Schedule 5 - Approved Sub-licensees: List of approved sub-licensees if sub-licensing is permitted
6. Appendix A - Technical Requirements: Detailed technical requirements for Product implementation
7. Appendix B - Implementation Plan: Timeline and milestones for Product implementation
8. Appendix C - Contact Details: Key contacts for both parties for various purposes under the agreement
Affiliate
Authorized Users
Background IP
Business Day
Commencement Date
Confidential Information
Configuration
Documentation
Effective Date
Error
Fees
Force Majeure Event
Foreground IP
Implementation Services
Initial Term
Installation
Intellectual Property Rights
License
License Fee
Licensed Product
Maintenance Services
Modifications
Normal Business Hours
Notice
Open Source Software
Permitted Purpose
Product Updates
Product Specifications
Professional Services
Renewal Term
Response Time
Service Levels
Source Code
Support Services
System Requirements
Technical Requirements
Territory
Third Party Software
Updates
Upgrades
User Manual
Working Hours
Payment
Intellectual Property Rights
Technical Requirements
Implementation
Support and Maintenance
Service Levels
Warranties
Liability
Indemnification
Confidentiality
Data Protection
Term and Termination
Force Majeure
Assignment
Audit Rights
Export Control
Non-Competition
Training
Documentation
Source Code
Security
Acceptance Testing
Performance Standards
Usage Restrictions
Reporting
Insurance
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendment
Third Party Rights
Anti-Corruption
Compliance with Laws
Information Technology
Software Development
Manufacturing
Industrial Equipment
Healthcare Technology
Financial Services
Educational Technology
Telecommunications
Consumer Electronics
Biotechnology
Automotive
Energy
Media and Entertainment
Legal
Sales
Product Development
Information Technology
Procurement
Commercial Operations
Risk and Compliance
Intellectual Property
Business Development
Technical Support
Customer Success
Finance
Legal Counsel
Contract Manager
Licensing Manager
Product Manager
Business Development Manager
Sales Director
Chief Technology Officer
IT Director
Procurement Manager
Commercial Director
Chief Legal Officer
Intellectual Property Manager
Account Executive
Operations Manager
Risk 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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