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Inbound License Agreement
"Need an Inbound License Agreement for receiving software development tools from a Singapore-based tech company, including source code access and maintenance support, with implementation starting March 2025."
1. Parties: Identifies and defines the contracting parties (Licensor and Licensee)
2. Background: Contextual information about the license arrangement and purpose
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Specific rights being licensed, including scope, territory, and duration
5. License Fees: Payment terms, amounts, and schedule
6. IP Rights and Ownership: Clarification of IP ownership and protection measures
7. Confidentiality: Protection of confidential information
8. Term and Termination: Duration and termination provisions
9. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction details
1. Technical Support: Support services provided by licensor - include when the license includes technical support services
2. Source Code Escrow: Terms for source code protection and access - include for software licenses where source code protection is critical
3. Data Protection: PDPA compliance provisions - include when personal data processing is involved
4. Export Controls: Export compliance provisions - include for international licensing arrangements
5. Maintenance and Updates: Terms regarding maintenance services and updates - include when ongoing maintenance is part of the license
1. Schedule 1 - Licensed Materials: Detailed description of licensed IP/materials
2. Schedule 2 - Technical Specifications: Technical details and requirements of the licensed materials
3. Schedule 3 - Fee Schedule: Detailed breakdown of fees and payment terms
4. Schedule 4 - Service Level Agreement: Performance metrics and service standards for any ongoing services
5. Schedule 5 - Support and Maintenance Terms: Detailed provisions for technical support and maintenance services
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³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
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