Software License And Maintenance Agreement (Genie AI)

The Software License and Maintenance Agreement (Genie AI) is a legally binding contract that dictates the terms and conditions for the use and maintenance of software developed and provided by Genie AI. This agreement outlines the rights and responsibilities of both the licensor (Genie AI) and the licensee (the user or organization).

The template covers essential clauses such as the grant of license, defining the permitted usage of the software, the scope of license, and any limitations or restrictions on its usage. It also includes provisions related to the maintenance and support services provided by Genie AI, outlining the level of support, response times, and any additional charges for such services.

Furthermore, this agreement addresses matters related to intellectual property rights, ensuring that the licensee acknowledges that the software and its associated documentation are the proprietary assets of Genie AI. It may include clauses detailing confidentiality obligations, limitations of liability, and indemnification in the event of intellectual property or third-party infringement claims.

The template could also include provisions related to termination of the agreement, specifying the conditions under which either party may terminate the license. It may outline the obligations of both parties upon termination, such as the return or destruction of any confidential or proprietary information.

Since the specific terms and conditions of the agreement can vary, the template serves as a starting point that can be customized to suit the particular needs and requirements of the parties involved. It aims to provide a clear and comprehensive legal framework to govern the licensing and maintenance relationship between Genie AI and its clients.