A Sublicense Agreement (Genie AI) is a legal document that outlines the terms and conditions between the licensor and sublicensee regarding the use and distribution of a specific Genie AI technology or software. The agreement typically grants the sublicensee the right to use the Genie AI product for commercial purposes, allowing them to develop their own applications or integrate the software into their existing systems. The template covers various aspects such as payment terms, intellectual property rights, confidentiality, limitations of liability, and termination conditions. It ensures the rights and obligations of both parties are clearly defined and aims to protect the interests of the licensor while allowing the sublicensee to leverage the benefits of the Genie AI technology.
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