Standard License Agreement (Genie AI)

The Standard License Agreement (Genie AI) is a legally binding document that establishes the contractual relationship between parties involved in the use and licensing of Genie AI technology. This template outlines the terms and conditions under which the licensor grants the licensee a non-exclusive, non-transferable license to use the Genie AI software or application. It covers important aspects such as the scope of the license, restrictions on use, intellectual property rights, warranties, liability limitations, termination clauses, and other provisions necessary to protect the interests of both parties. The purpose of this agreement is to provide a clear framework for the licensing arrangement, ensuring compliance with legal requirements while promoting fair and equitable use of Genie AI.