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Exclusive Software License Agreement
"I need an Exclusive Software License Agreement for my AI analytics software to be licensed to a Singapore-based financial institution, with source code escrow provisions and quarterly payment terms starting from March 2025."
1. Parties: Identifies the licensor and licensee with full legal details
2. Background: Contextual information about the software and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Scope and nature of the exclusive license
5. License Fees: Payment terms and conditions
6. IP Rights: Ownership and protection of intellectual property
7. Term and Termination: Duration and termination conditions
1. Source Code Escrow: Terms for source code protection and access arrangements when required by licensee
2. Support and Maintenance: Terms for ongoing technical support and maintenance services
3. Training: Training obligations, delivery methods and terms
1. Schedule 1 - Software Description: Detailed description of licensed software including features and functionality
2. Schedule 2 - License Fees: Detailed payment structure, terms and schedule
3. Schedule 3 - Technical Specifications: Technical requirements, specifications and performance standards
4. Schedule 4 - Service Level Agreement: Performance metrics, service levels and support requirements
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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
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Visit our for more details and real-time security updates.
Read our Privacy Policy.