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Proprietary Software Licence Agreement
"I need a Proprietary Software Licence Agreement for licensing our new AI-powered analytics software to enterprise customers in the UK and EU, with specific provisions for data protection compliance and source code protection."
1. Parties: Identifies and defines the licensor and licensee
2. Background: Sets out context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Grant of Licence: Specifies the scope, nature, and territory of the licence granted
5. Licence Fees: Details payment terms, amounts, and payment schedule
6. Intellectual Property Rights: Confirms ownership and protection of IP rights
7. Restrictions on Use: Specifies limitations and prohibited activities
8. Term and Termination: Duration of agreement and termination provisions
9. Warranties and Indemnities: Standard warranties and indemnification provisions
10. Governing Law and Jurisdiction: Specifies applicable law and dispute resolution forum
1. Support and Maintenance: Details support services and requirements when ongoing support is part of the agreement
2. Service Levels: Defines performance metrics and standards when specific performance guarantees are required
3. Data Protection: GDPR and data protection compliance provisions when personal data processing is involved
4. Source Code Escrow: Provisions for source code protection when source code access might be required
5. Change Control: Process for managing changes to software in complex implementations requiring change management
1. Software Description: Detailed technical specifications of the software
2. Licence Fees Schedule: Detailed breakdown of fees and payment terms
3. Service Level Agreement: Detailed performance metrics and remedies
4. Support and Maintenance Schedule: Details of support services and response times
5. Acceptable Use Policy: Detailed terms of acceptable software use
6. Data Processing Agreement: Detailed data protection obligations if applicable
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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
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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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