Cross License Agreement (Genie AI)

The Cross License Agreement (Genie AI) under USA law is a legal template that outlines an agreement between two parties, typically organizations or individuals, for the reciprocal sharing and licensing of intellectual property rights. This agreement specifically caters to the context of Genie AI, an artificial intelligence technology, and is enforceable under the legal framework of the United States. The template defines the terms and conditions under which the parties grant each other licenses to use, modify, distribute, and sublicense their respective intellectual property, with a focus on Genie AI-related assets. It includes provisions related to the scope of the license, duration, restrictions, confidentiality, warranties, liability, termination, and dispute resolution mechanisms. By utilizing this legal template, parties can establish a mutual understanding to facilitate the lawful and collaborative use of Genie AI technology, under the protection of USA laws.