Long Term Contract (Genie AI)

The Long Term Contract (Genie AI) template under USA law is a legally binding document that establishes a comprehensive agreement between two or more parties for the provision and utilization of artificial intelligence services known as Genie AI. This template outlines the terms, conditions, and obligations for a long-term contractual relationship involving the use of Genie AI technology for various purposes such as data analysis, automation, prediction, or other specified functions. The contract sets forth the responsibilities, rights, limitations, and liabilities of each party involved, while adhering to relevant legal regulations and practices within the United States. The template may cover aspects such as scope of services, intellectual property rights, confidentiality, data protection, payment terms, dispute resolution mechanisms, termination clauses, and any other necessary provisions to ensure a fair and equitable long-term arrangement between the contracting parties.