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Proprietary Software Licence
1. Parties: Identification of the licensor and licensee, including full legal names, registration numbers, and 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, including 'Software', 'Documentation', 'Intellectual Property Rights', 'Licensed Users', etc.
4. Grant of License: Scope of the license grant, including type (e.g., perpetual/term-based), territory, and whether exclusive/non-exclusive
5. License Restrictions: Specific restrictions on use of the software, including prohibitions on reverse engineering, sublicensing, etc.
6. Intellectual Property Rights: Confirmation of ownership of IP rights and protection of licensor's rights
7. License Fees: Payment terms, fee structure, and payment schedule
8. Licensee Obligations: Key obligations of the licensee including security measures and usage compliance
9. Warranties and Representations: Warranties provided for the software and disclaimer of warranties
10. Liability and Indemnification: Limitation of liability clauses and indemnification obligations
11. Term and Termination: Duration of the agreement, renewal terms, and termination rights
12. Confidentiality: Protection of confidential information exchanged under the agreement
13. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments
1. Data Protection: Required if the software processes personal data, ensuring GDPR compliance
2. Maintenance and Support: Include if maintenance and support services are part of the license agreement
3. Service Levels: Include if specific performance levels or uptime guarantees are provided
4. Audit Rights: Include for licenses where usage monitoring is important
5. Export Control: Required if the software is subject to export control regulations
6. Source Code Escrow: Include if source code escrow arrangements are part of the agreement
7. Training and Implementation: Include if the license includes training or implementation services
8. Third-Party Software: Required if the software incorporates third-party components
1. Software Description: Detailed technical specifications and description of the licensed software
2. License Fees Schedule: Detailed breakdown of license fees, payment terms, and calculation methods
3. Technical Requirements: Minimum system requirements and technical specifications for software operation
4. Service Level Agreement: Detailed performance metrics and service levels if applicable
5. Support and Maintenance Terms: Detailed description of support and maintenance services if included
6. Authorized Users: Definition and list of authorized users or user categories if applicable
7. Data Processing Terms: Detailed data processing terms and conditions if required for GDPR compliance
8. Security Requirements: Specific security requirements and protocols for software usage
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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:
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Together, we ran a £1 million research project on privacy and anonymity in legal contracts
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