The Software Royalty Agreement is essential for businesses engaging in software licensing transactions within Saudi Arabia or with Saudi Arabian entities. This document is typically used when a software owner wishes to grant rights to use their software while receiving ongoing royalty payments based on usage, sales, or other metrics. The agreement must comply with Saudi Arabian laws, including the Commercial Courts Law, Copyright Law, and E-Commerce Law, while adhering to Sharia principles. It provides comprehensive coverage of licensing terms, royalty calculations, payment mechanisms, technical specifications, and support obligations. The document is particularly crucial for international software companies entering the Saudi market or local companies licensing software products, as it addresses specific requirements of Saudi Arabian jurisdiction while protecting both parties' interests in the software licensing arrangement.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the licensor and licensee, including full legal names, registration details, and addresses
2. Background: Context of the agreement, including brief description of the software and the parties' intention to enter into a royalty arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including technical terms, financial terms, and legal concepts
4. Grant of License: Scope of the license granted, including territory, exclusivity/non-exclusivity, and permitted uses
5. Royalty Payments: Detailed structure of royalty calculations, payment terms, currency, and payment methods
6. Reporting and Auditing: Requirements for usage reporting, sales reporting, and audit rights
7. Intellectual Property Rights: Confirmation of ownership, protection of IP rights, and handling of improvements
8. Warranties and Representations: Standard warranties regarding software ownership, non-infringement, and performance
9. Support and Maintenance: Terms for technical support, updates, and maintenance services
10. Term and Termination: Duration of the agreement, renewal terms, and termination conditions
11. Confidentiality: Protection of confidential information and trade secrets
12. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for dispute resolution
13. General Provisions: Standard boilerplate clauses including force majeure, notices, and assignment
1. Source Code Escrow: Terms for source code escrow arrangement, used when licensee requires additional security
2. Export Control: Compliance with export control regulations, needed for international arrangements
3. Data Protection: Specific provisions for handling personal data, required if software processes personal information
4. Training and Implementation: Terms for initial setup and training, included if licensor provides these services
5. Localization Rights: Rights and obligations regarding software translation and adaptation for local market
6. Sub-licensing Rights: Terms for sub-licensing if permitted under the agreement
7. Competition Restrictions: Non-compete and territorial restrictions, included when exclusive arrangements are made
1. Schedule 1 - Software Description: Detailed technical specifications of the licensed software
2. Schedule 2 - Royalty Calculations: Detailed formula and examples of royalty calculations
3. Schedule 3 - Service Level Agreement: Performance metrics and service standards
4. Schedule 4 - Support and Maintenance Specifications: Detailed description of support services and response times
5. Schedule 5 - Approved Sub-licensees: List of approved sub-licensees if applicable
6. Appendix A - Reporting Templates: Standard forms for usage and royalty reporting
7. Appendix B - Technical Requirements: Minimum technical requirements for software operation
8. Appendix C - Contact Details: Key contacts for technical, commercial, and legal matters
Relevant legal definitions
Clauses
Relevant Industries
Information Technology
Software Development
Financial Services
Healthcare
Telecommunications
Manufacturing
Retail
Education
Government Services
Professional Services
E-commerce
Gaming and Entertainment
Automotive
Energy and Utilities
Relevant Teams
Legal
Finance
Information Technology
Software Development
Commercial
Compliance
Business Development
Sales
Product Management
Intellectual Property
Contract Management
Treasury
Technical Support
Relevant Roles
Chief Technology Officer
Legal Counsel
Software Licensing Manager
Intellectual Property Manager
Commercial Director
Finance Director
Software Development Manager
Business Development Manager
Compliance Officer
Contract Administrator
Chief Financial Officer
Technology Director
Sales Director
Software Engineer
Product Manager
Find the exact document you need
Legal License Agreement
A Saudi Arabian-compliant agreement governing the grant of rights from a licensor to a licensee, structured to meet both commercial and Sharia law requirements.
find out more
Under Exclusive License To Record Label
An exclusive recording agreement template compliant with Saudi Arabian law and Sharia principles, governing the relationship between record labels and artists.
find out more
Individual Contributor License Agreement
A Saudi Arabian law-governed agreement that establishes terms for individual contributors to grant intellectual property rights for their project contributions to an organization.
find out more
Occupancy License Agreement
A Saudi Arabian-governed agreement establishing terms for temporary property occupancy and use, compliant with local regulations and Sharia law.
find out more
Master Toy License
A Saudi Arabian law-governed agreement granting rights to manufacture and distribute licensed toys, ensuring compliance with local regulations and Sharia principles.
find out more
Copyright Agreement
A legal agreement for copyright transfer or licensing under Saudi Arabian law, complying with local copyright legislation and Sharia principles.
find out more
Lease & License Agreement
A Saudi Arabian law-governed agreement combining property lease rights with commercial licensing provisions, compliant with local regulations and Sharia principles.
find out more
Content Usage Agreement
A Saudi Arabian law-governed agreement defining terms for content usage, licensing, and distribution, ensuring compliance with local regulations including Sharia law.
find out more
Standard Software License Agreement
A Saudi law-governed agreement establishing terms for software licensing, including usage rights, fees, and compliance with local regulations.
find out more
Non Commercial Use License
A Saudi Arabian law-compliant license agreement for non-commercial use of intellectual property, suitable for educational, research, or personal purposes.
find out more
Common Development And Distribution License
A Saudi Arabia-compliant Common Development and Distribution License agreement for open-source software development and distribution, aligned with Sharia law and local regulations.
find out more
Software License For Non Commercial Use
A Saudi Arabian law-compliant software license agreement for non-commercial use, suitable for academic, research, and personal applications.
find out more
Perpetual Use License
A Saudi Arabian law-governed perpetual use license agreement granting permanent rights to use intellectual property while ensuring compliance with local regulations and Shariah principles.
find out more
Trademark Agreement
A Saudi law-governed Trademark Agreement establishing trademark licensing rights and obligations between owner and licensee, compliant with Saudi and GCC trademark regulations.
find out more
Technology License Agreement
A Saudi Arabian law-governed agreement establishing terms for technology licensing between a licensor and licensee, including usage rights, technical specifications, and compliance requirements.
find out more
Software Installation Agreement
A Saudi law-governed agreement outlining terms and conditions for software installation, including technical specifications, implementation requirements, and regulatory compliance.
find out more
Royalty Bearing License
A Saudi Arabian law-governed agreement for licensing intellectual property rights in exchange for royalty payments, incorporating local legal requirements and Sharia principles.
find out more
Revocable License To Use Property
A Saudi Arabian law-compliant agreement granting temporary, revocable permission to use property while maintaining owner's control rights.
find out more
Rent A Room Licence Agreement
A Saudi Arabian law-compliant agreement establishing terms and conditions for room rental, including occupancy rights, payments, and house rules.
find out more
Master Use License
A Saudi Arabian law-governed agreement establishing terms for software/technology licensing and usage, ensuring compliance with local regulations and Sharia principles.
find out more
License Agreement Term Sheet
A preliminary document under Saudi Arabian law outlining key terms for a proposed licensing arrangement, serving as the basis for a full license agreement.
find out more
Licence Rental Agreement
A Saudi Arabian-compliant agreement governing the rental and licensing of commercial space, combining property usage rights with business operational permissions.
find out more
Licence Agreement Property
A Saudi Arabian property license agreement establishing usage rights and terms between property owner and user, governed by Saudi law and Sharia principles.
find out more
Master License Agreement
A Saudi law-governed agreement establishing comprehensive licensing terms for intellectual property, technology, or software usage and commercialization.
find out more
Manufacturing License Agreement
A Saudi law-governed agreement authorizing licensed manufacturing rights and technical know-how transfer, incorporating local regulations and Sharia compliance.
find out more
International License Agreement
Saudi Arabian law-governed agreement for international licensing of intellectual property or technology rights, combining Sharia compliance with modern commercial standards.
find out more
Corporate License Agreement
A Saudi law-governed agreement establishing terms for corporate licensing of intellectual property or technology, ensuring compliance with local regulations and Sharia principles.
find out more
Video Licensing Agreement
A Saudi Arabian law-governed agreement establishing terms for video content licensing, addressing rights, restrictions, and compliance with local regulations.
find out more
Trademark Use Agreement
A Saudi Arabian law-governed agreement authorizing and regulating the use of trademarks between owners and licensees, incorporating local legal and Sharia requirements.
find out more
Software Usage Agreement
A Saudi Arabian law-governed agreement defining software usage terms, licensing conditions, and compliance requirements under local regulations and Shariah law.
find out more
Proprietary Software Licence
A Saudi Arabian law-governed agreement for licensing proprietary software, establishing usage rights, obligations, and compliance requirements.
find out more
Permission Agreement
A Saudi law-governed agreement granting specific rights or authority from one party to another, structured to comply with Sharia principles and local regulations.
find out more
Music Licensing Contract
A music licensing agreement under Saudi Arabian law that governs the authorized use and distribution of musical works while ensuring compliance with local regulations and cultural requirements.
find out more
Licence To Occupy Residential Property
A Saudi law-compliant agreement granting temporary rights to occupy residential property, suitable for corporate and individual housing arrangements.
find out more
Licence To Occupy
A Saudi Arabian law-compliant agreement granting temporary property occupation rights without creating a lease relationship, structured according to local legal and Shariah requirements.
find out more
Lease And Licence Agreement
A Saudi Arabia-compliant agreement combining property lease terms with associated licensing arrangements, suitable for commercial property transactions within the Kingdom.
find out more
Image Licensing Agreement
A Saudi Arabian law-governed agreement establishing terms and conditions for image licensing, usage rights, and associated fees while ensuring compliance with local copyright laws.
find out more
Content Licensing Agreement
A Saudi Arabian law-governed agreement establishing terms for content licensing, incorporating local regulatory requirements and Sharia principles.
find out more
Brand Licensing Agreement
A Saudi Arabian law-governed agreement authorizing the use of brand assets and intellectual property between a licensor and licensee, ensuring compliance with local regulations and Sharia principles.
find out more
Licensee And Licensor Agreement
A Saudi Arabian law-governed agreement establishing terms and conditions between a licensor and licensee for the authorized use of intellectual property or proprietary assets.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)