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Commercial Software License
"I need a Commercial Software License agreement for my enterprise-level data analytics software, which will be licensed to Fortune 500 companies in the US, with specific provisions for data protection and API integration rights."
1. Parties: Identifies the licensor and licensee with full legal names and addresses
2. Background: Explains the context and purpose of the license agreement
3. Definitions: Defines key terms used throughout the agreement
4. License Grant: Specifies the scope and nature of the license being granted
5. License Restrictions: Details what the licensee is not permitted to do with the software
6. Payment Terms: Outlines fees, payment schedule, and related terms
7. Intellectual Property Rights: Establishes ownership of IP and related rights
8. Term and Termination: Specifies duration and conditions for termination
9. Warranties and Disclaimers: States what is and isn't guaranteed about the software
1. Support and Maintenance: Details support services and maintenance obligations when included as part of the agreement
2. Service Level Agreement: Defines performance metrics and obligations for cloud-based or hosted software
3. Data Protection: Addresses data privacy and security obligations when personal data is processed
4. Export Controls: Addresses export compliance requirements for international distribution
1. Software Specification: Detailed description of the software and its functionality
2. License Fees Schedule: Detailed breakdown of pricing and payment terms
3. Support Level Agreement: Detailed support terms and service levels
4. Acceptable Use Policy: Detailed rules for software usage
5. Data Processing Agreement: Details of data processing terms and obligations
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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:
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.