Form Of Distribution Agreement (Genie AI)

The "Form of Distribution Agreement (Genie AI)" is a legal template that outlines the terms and conditions for a distribution agreement specifically tailored towards the distribution of products or services related to the Genie AI technology. This agreement serves as a legally binding contract between a company or individual (the "distributor") and another company or individual (the "supplier" or "licensor") that owns or controls the rights to the Genie AI technology. The purpose of this agreement is to establish the rights, obligations, and responsibilities of each party involved in the distribution of the Genie AI technology. It covers various important aspects such as the scope of distribution, territorial limitations, pricing and payment terms, intellectual property rights, confidentiality, warranties, liability, termination, and dispute resolution procedures. The Form of Distribution Agreement (Genie AI) helps ensure a clear and mutually beneficial relationship between the distributor and the supplier by clarifying the expectations and obligations of both parties throughout the distribution process.