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1. Parties: Identification of the licensor and licensee, including full legal names, registration numbers, 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 of the license, including type (exclusive/non-exclusive), territory, and permitted uses
5. License Restrictions: Specific limitations on use, including prohibited activities and restrictions on modification or distribution
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 license, renewal terms, and conditions for termination
9. Warranties and Disclaimers: Warranties provided for the software and associated disclaimers
10. Support and Maintenance: Basic terms for technical support and software maintenance
11. Confidentiality: Protection of confidential information exchanged between parties
12. Liability and Indemnification: Limitations of liability and indemnification obligations
13. General Provisions: Standard legal clauses including governing law, jurisdiction, and entire agreement
1. Data Protection: Required when the software processes personal data, addressing GDPR compliance
2. Source Code Escrow: Optional provision for source code deposit with an escrow agent
3. Professional Services: Include when additional implementation or training services are provided
4. Service Level Agreement: Required for software provided as a service (SaaS)
5. Third-Party Software: Include when the software incorporates third-party components
6. Export Control: Required when software is subject to export regulations
7. Audit Rights: Optional provision allowing licensor to audit licensee's use of software
8. Disaster Recovery: Include for business-critical software applications
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the software
2. Schedule 2 - License Fees: Detailed breakdown of license fees and payment structure
3. Schedule 3 - Support Services: Detailed support and maintenance terms, including service levels
4. Schedule 4 - Technical Requirements: Minimum system requirements and technical specifications
5. Schedule 5 - Acceptable Use Policy: Detailed terms of acceptable use and restrictions
6. Appendix A - Data Processing Agreement: GDPR-compliant data processing terms if applicable
7. Appendix B - Service Level Metrics: Detailed performance metrics and service levels if applicable
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ұԾ’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; ұԾ’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
