Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Proof Of Concept Agreement
"I need a Proof of Concept Agreement for testing our new AI-powered financial analytics software with a major bank in Singapore, starting March 2025, with strict data protection provisions and clear success metrics for potential full deployment."
1. Parties: Identification of contracting parties with full legal names and addresses
2. Background: Context of the POC, objectives, and general purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of POC: Detailed description of what will be tested/proven, success criteria, and deliverables
5. Duration: Timeline for the POC, including start and end dates
6. Intellectual Property Rights: Ownership and usage rights of pre-existing and newly created IP
7. Confidentiality: Protection of confidential information exchanged during the POC
8. Termination: Conditions for early termination and consequences
1. Payment Terms: Financial arrangements and payment terms for the POC if not provided free of charge
2. Data Protection: PDPA compliance provisions for handling personal data during the POC
3. Resource Commitments: Specific commitments regarding personnel, equipment, or facilities to be provided by each party
4. Third Party Rights: Provisions governing the rights of third parties under the agreement
1. Technical Specifications: Detailed technical requirements and specifications for the POC
2. Success Criteria: Detailed metrics and benchmarks for evaluating POC success
3. Project Timeline: Detailed timeline with milestones and deliverables
4. Data Processing Agreement: Detailed terms of data handling and processing if personal data is involved
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
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.