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Database License Agreement
"I need a Database License Agreement for my fintech company to license our financial market database to Australian banks, with strict data security provisions and usage monitoring requirements, planned to commence from March 2025."
1. Parties: Identification of the licensor and licensee, including full legal names and addresses
2. Background: Context of the agreement, nature of the database, and general purpose of the license
3. Definitions: Defined terms used throughout the agreement, including technical terms specific to database access and usage
4. Grant of License: Scope of the license, including permitted uses, territory, and whether exclusive or non-exclusive
5. License Fees and Payment Terms: Financial terms, payment schedule, and any usage-based pricing models
6. Access and Authentication: Methods of accessing the database, authentication requirements, and security protocols
7. Authorized Users: Definition and restrictions on who can access the database and under what conditions
8. Usage Restrictions: Specific prohibitions and limitations on database use, including redistribution restrictions
9. Data Protection and Privacy: Obligations regarding data protection, privacy compliance, and security measures
10. Intellectual Property Rights: Ownership of database, content, and derivative works
11. Warranties and Disclaimers: Warranties regarding database content, availability, and performance
12. Term and Termination: Duration of agreement, renewal terms, and termination rights
13. Confidentiality: Protection of confidential information exchanged during the agreement
14. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment
1. Service Levels: Specific performance standards and metrics for database availability and support, used when service levels are critical to the licensee
2. Data Migration: Terms covering transfer of data at beginning or end of agreement, needed when large data transfers are involved
3. Third-Party Access: Terms governing access by contractors or affiliates, included when third-party access is required
4. Disaster Recovery: Backup and recovery obligations, included for business-critical databases
5. Training and Support: Details of training and technical support services, included when comprehensive support is part of the package
6. Audit Rights: Terms allowing licensor to audit licensee's use of the database, included for high-value or sensitive databases
7. Development Rights: Terms covering right to develop new products using the database, included when development activities are contemplated
8. Export Control: Compliance with export control laws, included when database contains regulated information or international access is involved
1. Technical Specifications: Detailed technical requirements for database access, including API specifications and data formats
2. Service Level Agreement: Detailed metrics for performance, availability, and support response times
3. Fee Schedule: Detailed breakdown of fees, including any variable pricing models or volume discounts
4. Security Requirements: Specific security protocols, standards, and compliance requirements
5. Authorized User Categories: Detailed definitions and restrictions for different categories of users
6. Support Services: Detailed description of support services, including escalation procedures
7. Data Fields and Structure: Technical documentation of database structure and content
8. Acceptable Use Policy: Detailed rules and guidelines for database usage
Authors
API
Authorized Users
Business Day
Confidential Information
Data
Database
Database Content
Derivative Works
Documentation
Effective Date
Force Majeure Event
Initial Term
Intellectual Property Rights
License Fee
License Period
Licensed Materials
Maintenance Window
Metadata
Password
Personal Information
Query
Renewal Term
Security Breach
Service Levels
Support Services
System Requirements
Technical Specifications
Territory
Third Party Content
Usage Data
User Authentication
User Interface
Working Hours
License Grant
Access Rights
Usage Restrictions
Payment Terms
Service Levels
Technical Requirements
Data Protection
Privacy Compliance
Security Requirements
User Authentication
Intellectual Property
Confidentiality
Warranties
Indemnification
Limitation of Liability
Term and Termination
Force Majeure
Assignment
Audit Rights
Dispute Resolution
Governing Law
Support Services
Training
Maintenance
Data Backup
Disaster Recovery
Export Control
Third-Party Rights
Insurance
Notices
Entire Agreement
Severability
Variation
Waiver
Technology
Financial Services
Healthcare
Education
Research & Development
Government
Telecommunications
Professional Services
Manufacturing
Retail
Media & Entertainment
Biotechnology
Real Estate
Insurance
Market Research
Legal
Information Technology
Compliance
Data Management
Information Security
Privacy
Procurement
Risk Management
Research & Development
Operations
Commercial
Data Science
Chief Technology Officer
Legal Counsel
Data Protection Officer
IT Manager
Compliance Officer
Database Administrator
Information Security Manager
Privacy Officer
Commercial Director
Procurement Manager
Risk Manager
Chief Information Officer
Data Science Manager
Research Director
Systems Administrator
Contract Manager
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Genie’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; Genie’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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