Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
License And Royalty Agreement
"I need a License and Royalty Agreement for licensing our enterprise software platform to UAE-based companies, with quarterly royalty payments based on user numbers and including provisions for software updates and technical support, starting from March 2025."
1. Parties: Identification of the licensor and licensee with full legal names and addresses
2. Background: Context of the agreement, description of the intellectual property, and parties' authority to enter into the agreement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. License Grant: Specific details of the license being granted, including scope, territory, and exclusivity
5. Term and Termination: Duration of the agreement, renewal terms, and circumstances for termination
6. Royalty Payments: Payment structure, calculation methods, payment schedule, and reporting requirements
7. Rights and Obligations: Detailed responsibilities of both parties, including quality control and maintenance of IP
8. IP Ownership and Protection: Confirmation of IP ownership, protection measures, and handling of improvements
9. Confidentiality: Protection of confidential information exchanged during the agreement
10. Warranties and Representations: Guarantees made by each party regarding their rights and capabilities
11. Indemnification: Obligations to protect against and compensate for losses
12. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law
13. General Provisions: Standard clauses including notices, assignment, and amendment procedures
1. Minimum Performance Requirements: Used when the license includes specific performance targets or minimum royalty guarantees
2. Sub-licensing Rights: Include when the licensee is permitted to sub-license the IP to third parties
3. Export Control: Required for cross-border licenses involving restricted technologies or markets
4. Quality Control Procedures: Necessary for trademark licenses or when product quality is crucial
5. Training and Support: Include when the licensor must provide technical support or training
6. Insurance Requirements: Used when specific insurance coverage is required for the licensed activities
7. Source Code Escrow: For software licenses where source code access might be needed in specific circumstances
8. Competition Restrictions: Include non-compete provisions where permitted by UAE law
9. Shariah Compliance: Required when the agreement needs to comply with Islamic finance principles
1. Schedule A - Licensed IP: Detailed description of the intellectual property being licensed, including registration numbers
2. Schedule B - Royalty Calculations: Detailed formula and examples for calculating royalties
3. Schedule C - Territory: Specific definition of the geographic territory covered by the license
4. Schedule D - Technical Specifications: Technical details and standards for the licensed IP or products
5. Schedule E - Quality Control Standards: Specific quality requirements and testing procedures
6. Schedule F - Reporting Templates: Templates for regular royalty reports and sales documentation
7. Schedule G - Approved Sub-licensees: List of pre-approved sub-licensees if applicable
8. Schedule H - Implementation Timeline: Milestone dates for implementation of the license
9. Appendix 1 - Trademark Usage Guidelines: Guidelines for proper use of licensed trademarks
10. Appendix 2 - Compliance Requirements: Specific UAE regulatory requirements applicable to the license
Authors
Technology
Manufacturing
Pharmaceuticals
Entertainment
Software Development
Media and Broadcasting
Healthcare
Education
Automotive
Consumer Goods
Fashion and Luxury
Telecommunications
Biotechnology
Energy
Research and Development
Legal
Intellectual Property
Commercial
Finance
Research and Development
Business Development
Compliance
Technology Transfer
Innovation
Brand Management
Treasury
Corporate Affairs
Product Development
Licensing Operations
Legal Counsel
Intellectual Property Manager
Commercial Director
Chief Technology Officer
Business Development Manager
Licensing Manager
Contract Administrator
Chief Financial Officer
Research and Development Director
Innovation Manager
Technology Transfer Officer
Compliance Officer
Patent Attorney
Brand Manager
Finance Director
Find the exact document you need
Simple Royalty Agreement
A UAE law-governed agreement establishing terms for intellectual property licensing and royalty payments, compliant with local commercial regulations and Sharia principles.
License And Royalty Agreement
UAE-governed agreement establishing terms for intellectual property licensing and associated royalty payments between parties.
Royalty Investment Agreement
UAE-governed agreement establishing terms for royalty-based investment, including payment terms, calculations, and investor rights under UAE commercial law.
Royalty Bearing License Agreement
UAE-governed agreement for licensing intellectual property rights in exchange for royalty payments, incorporating UAE federal laws and commercial regulations.
Royalty Split Agreement
UAE-governed agreement establishing terms for royalty revenue sharing between parties, including payment terms and intellectual property rights.
Royalty Purchase Agreement
UAE-governed agreement for the sale and purchase of royalty payment rights, including calculation methods and payment terms under UAE law.
Royalty Share Agreement
UAE-governed agreement establishing terms for sharing royalties from intellectual property exploitation, including payment terms and reporting requirements.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.