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Technology License

Technology License Template for United Arab Emirates

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Key Requirements PROMPT example:

Technology License

"I need a Technology License Agreement for licensing our AI-powered financial analytics software to UAE banks, with exclusive rights in the UAE and GCC region, including provisions for quarterly software updates and Arabic language interface requirements."

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Document background
The Technology License Agreement is a crucial document for businesses operating in the UAE's rapidly evolving technological landscape. It is used when a technology owner wishes to grant another party the right to use, implement, or commercialize specific technology while retaining ownership rights. This document type is particularly important given the UAE's strong focus on digital transformation and innovation across various sectors. The agreement must comply with UAE Federal Laws, including intellectual property regulations, competition law, and technology transfer requirements. It typically includes detailed technical specifications, implementation guidelines, support arrangements, and commercial terms while addressing local law requirements such as Arabic language provisions and UAE court jurisdiction.
Suggested Sections

1. Parties: Identification of the licensor and licensee with full legal names and addresses

2. Background: Context of the agreement, description of the technology, and parties' authority to enter into the agreement

3. Definitions: Detailed definitions of technical terms, licensed technology, and key concepts used throughout the agreement

4. Grant of License: Scope of the license, territory, exclusivity/non-exclusivity, and field of use

5. License Fees and Payment Terms: Financial terms, royalty calculations, payment schedules, and reporting requirements

6. Protection of Intellectual Property Rights: Ownership of IP, protection measures, and handling of improvements

7. Technical Support and Documentation: Support services, training, and documentation to be provided by licensor

8. Confidentiality: Protection of confidential information and trade secrets

9. Term and Termination: Duration of the agreement, renewal terms, and termination provisions

10. Warranties and Representations: Warranties regarding ownership, non-infringement, and technology performance

11. Limitation of Liability: Limits on parties' liability and exclusions

12. Governing Law and Dispute Resolution: Choice of UAE law and dispute resolution mechanisms

13. General Provisions: Standard boilerplate clauses including force majeure, notices, and assignment

Optional Sections

1. Source Code Escrow: Required when software source code is involved and needs to be held in escrow

2. Quality Control: Necessary when licensed technology requires specific quality standards or certifications

3. Export Control: Required when technology is subject to export restrictions or international regulations

4. Localization Requirements: Needed when technology must be adapted for UAE market or Arabic language support

5. Data Protection and Privacy: Required when technology involves processing personal data

6. Security Requirements: Necessary for technology involving critical infrastructure or sensitive data

7. Performance Metrics: Include when specific performance standards must be met

8. Competition and Territory Restrictions: Required for exclusive licenses or when territorial restrictions apply

9. Sublicensing Rights: Include when sublicensing is permitted

10. Change Control: Necessary for complex technology requiring formal change management procedures

Suggested Schedules

1. Schedule A - Licensed Technology: Detailed technical specifications and description of licensed technology

2. Schedule B - License Fees and Royalties: Detailed breakdown of financial terms, calculation methods, and payment schedules

3. Schedule C - Technical Support Services: Specification of support services, response times, and service levels

4. Schedule D - Implementation Plan: Timeline and milestones for technology implementation

5. Schedule E - Acceptance Testing: Testing procedures and acceptance criteria

6. Schedule F - Maintenance and Updates: Terms for ongoing maintenance and technology updates

7. Schedule G - Security Requirements: Detailed security protocols and compliance requirements

8. Schedule H - Training Requirements: Training programs and materials to be provided

9. Appendix 1 - Technical Documentation: User manuals, technical specifications, and documentation

10. Appendix 2 - Compliance Certificates: Relevant regulatory compliance certificates and approvals

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Acceptance Criteria
Affiliate
Authorized Users
Background IP
Business Day
Confidential Information
Control
Documentation
Effective Date
Enhancements
Field of Use
Force Majeure Event
Foreground IP
Implementation Plan
Intellectual Property Rights
Know-How
License Fee
Licensed Technology
Licensee Improvements
Licensor Improvements
Maintenance Services
Milestone
Patent Rights
Permitted Purpose
Professional Services
Quarterly Report
Royalty
Security Requirements
Service Levels
Source Code
Specifications
Support Services
Technical Information
Technology
Term
Territory
Third Party Components
Trade Secrets
Updates
Upgrades
User Data
Working Hours
Clauses
Definitions
Grant of License
License Scope
Territory Restrictions
Exclusivity
License Fees
Royalty Payments
Payment Terms
Technical Support
Maintenance
Training
Implementation
Documentation
Intellectual Property Rights
IP Warranties
IP Indemnification
Confidentiality
Data Protection
Security Requirements
Quality Control
Performance Standards
Acceptance Testing
Warranties
Representations
Limitation of Liability
Force Majeure
Term
Termination
Assignment
Sublicensing
Export Control
Competition Restrictions
Dispute Resolution
Governing Law
Language Requirements
Notices
Entire Agreement
Amendments
Severability
Third Party Rights
Compliance with Laws
Relevant Industries

Information Technology

Software Development

Telecommunications

Healthcare Technology

Financial Technology

Manufacturing

Energy and Utilities

Defense and Security

Artificial Intelligence

Biotechnology

Smart City Solutions

Educational Technology

Industrial Automation

Clean Technology

Digital Media

Relevant Teams

Legal

Information Technology

Research and Development

Intellectual Property

Compliance

Business Development

Operations

Technical Support

Strategy

Innovation

Procurement

Risk Management

Relevant Roles

Chief Technology Officer

Legal Counsel

Intellectual Property Manager

Technology Transfer Manager

Licensing Director

Business Development Manager

Chief Innovation Officer

Compliance Officer

Technical Director

Contract Manager

Research and Development Director

Chief Legal Officer

Technology Implementation Manager

Strategic Partnerships Director

Operations Director

Industries
UAE Federal Law No. 11 of 2008 (Patents and Industrial Designs): Primary legislation governing patents and industrial designs in the UAE, essential for technology licensing arrangements and protection of industrial property rights
UAE Federal Law No. 7 of 2002 (Copyright Law): Regulates copyright protection including software and technical documentation that may be part of the technology license
UAE Federal Law No. 37 of 1992 (Trademark Law): Governs trademark protection which may be relevant if the technology license includes associated trademarks or branding elements
UAE Federal Law No. 4 of 2012 (Competition Law): Regulates anti-competitive practices and must be considered in exclusive licensing arrangements or territorial restrictions
UAE Federal Law No. 18 of 1993 (Commercial Transactions Law): Provides the general framework for commercial contracts and transactions in the UAE
UAE Federal Law No. 2 of 2015 (Commercial Companies Law): Relevant for understanding corporate capacity to enter into license agreements and any joint venture aspects
UAE Federal Law No. 19 of 2018 (Foreign Direct Investment Law): May affect technology license agreements involving foreign entities and technology transfer to the UAE
UAE Federal Law No. 1 of 2006 (Electronic Transactions and Commerce Law): Relevant for digital aspects of technology licensing and online transactions
UAE Federal Law No. 2 of 2019 (Cyber Crime Law): Important for technology licenses involving software, digital content, or cyber security elements
UAE Federal Law No. 31 of 2021 (UAE Data Protection Law): Must be considered if the licensed technology involves processing or handling of personal data
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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