tiktok³ÉÈË°æ

All Countries
Commercial
Product License

Product License Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Product License

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Product License

"I need a Product License Agreement under New Zealand law for our new cloud-based accounting software, with multi-user licensing terms and the ability to use the software across Australia and New Zealand from March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Product License Agreement is a crucial legal instrument used when a business needs to grant another party the right to use its product while retaining ownership and controlling usage terms. This document is essential for companies operating in New Zealand who wish to license their products while ensuring compliance with local laws and regulations. The agreement covers key commercial and legal aspects including license scope, payment terms, usage restrictions, and compliance requirements. It incorporates provisions required under New Zealand law, including consumer protection requirements, fair trading provisions, and privacy considerations. The Product License should be used whenever a company wants to formalize the terms under which their product can be used by others, whether it's software, technology solutions, or manufactured goods. This document is particularly important in the New Zealand market where specific statutory requirements must be met regarding consumer rights, warranties, and fair trading practices.
Suggested Sections

1. Parties: Identifies and provides full legal details of the licensor and licensee

2. Background: Sets out the context of the agreement, including brief description of the product and purpose of the license

3. Definitions: Defines key terms used throughout the agreement

4. License Grant: Specifies the scope, nature, and limitations of the license being granted

5. License Fees and Payment: Details the payment terms, including license fees, payment schedule, and payment methods

6. Intellectual Property Rights: Confirms ownership of IP and extent of rights granted under the license

7. Licensee Obligations: Sets out the licensee's responsibilities and restrictions on use of the licensed product

8. Licensor Obligations: Defines the licensor's commitments, including any support or maintenance obligations

9. Warranties and Representations: States the warranties provided and disclaimers, ensuring compliance with Consumer Guarantees Act

10. Term and Termination: Specifies the duration of the license and circumstances for termination

11. Confidentiality: Defines confidential information and obligations regarding its protection

12. Liability and Indemnification: Sets out liability limitations and indemnification obligations

13. General Provisions: Contains standard boilerplate clauses including governing law, dispute resolution, and assignment

Optional Sections

1. Data Protection and Privacy: Required when the licensed product involves collection or processing of personal data

2. Support and Maintenance: Include when ongoing technical support or maintenance services are provided

3. Updates and Upgrades: Necessary for software products where version updates are relevant

4. Geographic Restrictions: Include when the license is limited to specific territories or regions

5. Audit Rights: Include when licensor requires rights to audit licensee's use of the product

6. Export Control: Required when the product may be subject to export control regulations

7. Source Code Escrow: For software licenses where source code escrow arrangements are needed

8. Performance Requirements: Include when specific performance standards or metrics must be met

9. Training and Implementation: Required when the license includes initial training or implementation services

Suggested Schedules

1. Product Specification: Detailed technical specifications and features of the licensed product

2. Fee Schedule: Detailed breakdown of license fees, payment schedules, and any variable pricing elements

3. Service Level Agreement: Specific performance standards and service levels for product support

4. Acceptable Use Policy: Detailed terms governing acceptable use of the licensed product

5. Support and Maintenance Terms: Detailed description of support and maintenance services provided

6. Security Requirements: Specific security standards and requirements for product use

7. Implementation Plan: Timeline and milestones for product implementation, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses









































Relevant Industries

Technology and Software

Manufacturing

Professional Services

Healthcare

Financial Services

Retail and Consumer Goods

Education

Telecommunications

Media and Entertainment

Industrial and Engineering

Biotechnology

Energy and Utilities

Relevant Teams

Legal

Commercial

Sales

Product Development

Business Development

Compliance

Operations

Risk Management

Intellectual Property

Information Technology

Finance

Customer Success

Relevant Roles

Legal Counsel

Commercial Director

Licensing Manager

Product Manager

Business Development Manager

Contract Administrator

Chief Technology Officer

Intellectual Property Manager

Compliance Officer

Sales Director

Operations Manager

Risk Manager

Commercial Contracts Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

No items found.

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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.