The Rights Transfer Agreement (Genie AI) is a legal template that governs the transfer of intellectual property rights related to artificial intelligence technology developed by Genie AI. This agreement outlines the terms and conditions under which the ownership, licensing, and usage rights of the AI technology can be transferred from Genie AI to another party, such as an individual or an organization. It includes clauses and provisions related to the scope of the transferred rights, obligations of both parties, confidentiality, warranties, indemnification, and dispute resolution. This template aims to establish a clear and legally binding arrangement for the transfer of rights, ensuring that all parties involved are aware of their rights, responsibilities, and limitations regarding the usage and protection of the technology involved.
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