International License Agreement (Genie AI)

The International License Agreement (Genie AI) under USA law is a legal template that outlines the terms and conditions for granting a license to an international party for the use of Genie AI, a specific artificial intelligence technology, within the jurisdiction of the United States. The agreement aims to establish the rights and obligations of both parties involved, focusing on intellectual property, restrictions on use, licensing fees, termination clauses, and dispute resolution mechanisms. This agreement ensures that the licensee understands and complies with US laws and regulations pertaining to Genie AI, while also protecting the rights and interests of the licensor. It provides a comprehensive framework for managing the licensing relationship and sets clear expectations to keep both parties accountable throughout the duration of the agreement.