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Non Exclusive License Agreement
"I need a Non Exclusive License Agreement under Singapore law to license our proprietary software technology to multiple enterprise customers in Southeast Asia, with quarterly royalty payments and specific quality control requirements."
1. Parties: Identifies the licensor and licensee with full legal details
2. Background: Explains context and purpose of the license agreement
3. Definitions: Defines key terms used throughout the agreement
4. Grant of License: Specifies the rights being licensed and their scope
5. Term and Termination: Duration of license and conditions for termination
6. Payment Terms: License fees, royalties, and payment conditions
7. Intellectual Property Rights: Ownership and protection of licensed IP
1. Territory Restrictions: Geographic limitations on license use - include when license is restricted to specific regions
2. Quality Control: Standards and requirements for licensed product/service - include when brand reputation needs protection
3. Sublicensing Rights: Terms for allowing/restricting sublicensing - include when sublicensing might be permitted
4. Minimum Performance Requirements: Required minimum sales or usage targets - include when licensor wants to ensure commercial exploitation
1. Schedule 1: Licensed IP: Detailed description of licensed intellectual property
2. Schedule 2: License Fees: Detailed breakdown of fees and payment structure
3. Schedule 3: Technical Specifications: Technical details of licensed technology/product
4. Schedule 4: Quality Standards: Detailed quality requirements and specifications
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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
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.