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Product License Agreement

Product License Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Product License Agreement

I need a Product License Agreement for licensing our new cloud-based accounting software to UAE-based small businesses, with specific provisions for data protection and monthly subscription fees starting from March 2025.

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Document background
The Product License Agreement is a crucial legal document used in the United Arab Emirates when a product owner wishes to grant another party the right to use their product while retaining ownership rights. This agreement is essential for businesses operating in the UAE market, whether licensing software, technology solutions, industrial products, or other licensable assets. The document must comply with UAE federal laws, including intellectual property regulations, commercial laws, and consumer protection provisions. It typically includes detailed terms about usage rights, territorial restrictions, payment structures, and technical specifications. The agreement is particularly important in the UAE context due to specific local requirements regarding commercial licensing, technology transfer, and intellectual property protection.
Suggested Sections

1. Parties: Identification of the licensor and licensee with full legal names and addresses

2. Background: Context of the agreement and brief description of the product being licensed

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Grant of License: Scope and nature of the license being granted, including any territorial restrictions

5. License Fees and Payment Terms: Detailed payment structure, including initial fees, recurring fees, and payment methods

6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights related to the product

7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

8. Licensee Obligations: Key responsibilities and restrictions on the licensee's use of the product

9. Warranties and Representations: Statements about product quality, performance, and compliance with UAE laws

10. Limitation of Liability: Limits on liability in accordance with UAE law

11. Confidentiality: Protection of confidential information exchanged during the license relationship

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

13. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement

Optional Sections

1. Data Protection and Privacy: Required if the product involves collection or processing of personal data

2. Source Code Escrow: For software products where source code protection is required

3. Export Control: Necessary if the product is subject to export regulations

4. Installation and Implementation: Required for products needing specific installation procedures

5. Training and Support: Include when ongoing training or technical support is part of the license

6. Service Level Agreement: For products requiring specific performance levels or uptime guarantees

7. Disaster Recovery: Required for critical software or systems

8. Compliance with Shariah Law: Required if the agreement needs to be Shariah-compliant

9. Sub-licensing Rights: Include if licensee is permitted to sub-license the product

10. Localization Requirements: Include if product needs to meet specific UAE localization requirements

Suggested Schedules

1. Product Specification: Detailed technical specifications of the licensed product

2. License Fees Schedule: Detailed breakdown of all applicable fees and payment terms

3. Service Level Requirements: Specific performance metrics and service levels if applicable

4. Maintenance and Support Terms: Details of maintenance and support services provided

5. Authorized Users: List of authorized users or user categories if license is restricted

6. Technical Requirements: Minimum technical requirements for product operation

7. Implementation Plan: Timeline and milestones for product implementation if relevant

8. Territory Schedule: Detailed description of licensed territory if geographically restricted

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Information Technology

Software Development

Manufacturing

Healthcare Technology

Financial Services

Telecommunications

Media and Entertainment

Industrial Automation

Consumer Electronics

Professional Services

Education Technology

Retail Technology

Engineering Services

Biotechnology

Defense Technology

Relevant Teams

Legal

Commercial

Product Development

Sales

Procurement

Compliance

Finance

Risk Management

Technical Operations

Business Development

Intellectual Property

Information Technology

Customer Success

Operations

Relevant Roles

Legal Counsel

Commercial Director

Licensing Manager

Product Manager

Business Development Manager

Chief Technology Officer

Procurement Manager

Contracts Administrator

Intellectual Property Manager

Sales Director

Operations Manager

Compliance Officer

Technical Director

Chief Financial Officer

Risk Manager

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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