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Simple License Agreement
"I need a Simple License Agreement under Singapore law to license my software application to a distributor in Malaysia, with a monthly fee structure and the ability to sublicense, starting from March 2025."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context and purpose of the license agreement
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Scope and nature of the license being granted
5. Term and Termination: Duration of license and termination conditions
6. Payment Terms: License fees, payment schedule, and related terms
7. Intellectual Property Rights: Rights and obligations regarding the licensed IP
8. Representations and Warranties: Statements of fact and promises made by both parties
9. Governing Law: Specification of Singapore law as governing law
1. Territory Restrictions: Geographic limitations on license use - include when license is restricted to specific regions
2. Sublicensing Rights: Terms for sublicensing to third parties - include when sublicensing is permitted
3. Quality Control: Standards and quality requirements - include for trademark or brand licenses
4. Confidentiality: Terms regarding confidential information - include when sensitive information is shared
5. Assignment: Rights to assign the license to other parties - include when assignment rights are relevant
1. Schedule 1: Licensed Property: Detailed description of licensed intellectual property
2. Schedule 2: Fee Schedule: Detailed breakdown of license fees and payment terms
3. Schedule 3: Technical Specifications: Technical details of licensed property, if applicable
4. Schedule 4: Usage Guidelines: Specific guidelines for using the licensed property
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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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