The Production License Agreement (Genie AI) is a legally binding document that establishes the terms and conditions for the licensing of a specific artificial intelligence technology known as Genie AI for production purposes. This agreement outlines the rights, responsibilities, and restrictions of both the licensor (the owner or developer of Genie AI) and the licensee (the party obtaining the license). It covers essential aspects such as the permitted use of Genie AI, intellectual property rights, confidentiality and non-disclosure obligations, payment terms and royalties, warranties and disclaimers, termination provisions, and dispute resolution mechanisms. The Production License Agreement aims to protect the interests of both parties involved while promoting a mutually beneficial collaboration in utilizing the advanced capabilities of Genie AI for various production-related applications.
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