Form Contract (Genie AI)

This legal template, titled "Form Contract (Genie AI)," is a comprehensive document drafted for formalizing contractual agreements between parties where one of the parties utilizes artificial intelligence (AI) technology represented by a virtual assistant referred to as "Genie AI." The template includes mutually agreed-upon terms and conditions that encompass various aspects of the contractual relationship, such as the purpose of the agreement, roles and responsibilities of each party, scope of services provided by Genie AI, payment terms, intellectual property rights, confidentiality provisions, dispute resolution mechanisms, and termination clauses. Furthermore, this template may also address issues related to data privacy and security obligations, compliance with legal and regulatory requirements, and any other relevant provisions to safeguard the interests of both parties involved in the agreement. Overall, the Form Contract (Genie AI) serves as a legally binding tool that outlines the rights and obligations of the parties, ensuring a transparent and fair contractual relationship in the context of utilizing AI technology.