Define: Product Platform

The meaning of “Product Platform” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Product Platform defined in a legal contract?

  • Product Platform means a copy of the product that operates within a specific operational environment, for example, certain operating systems. Seen in 2 SEC filings
  • Product Platform means any online platform or format in which the product is made available. Seen in 2 SEC filings
  • Product Platform means a printer or print mechanism that forms the base of subsequent product models, all of which share the same features. It can also be a printer consumable that forms the base of subsequent product models, all of which share the same features. Seen in 1 SEC filing
  • Product Platform means a family of products built on a similar architecture that often contain many common parts and product specifications. For instance, individual products within a platform will be based on the same technologies but may differ in resolution or features. Seen in 1 SEC filing

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Product Platform means an operational software base that is consistent across multiple similar products.

Relevant Contract Types

Relevant Circumstances

  • Agreement upon software use within a corporate setting
  • Transfer of software technology between parties
  • Development of new software products based on existing platform
  • Regulation of software licensing to end users

Relevant Sectors

Genie Definition 2

  • Product Platform means a specific framework for a group of related products.

Relevant Contract Types

Relevant Circumstances

  • Manufacturing of products within a specific framework
  • Supply and distribution of related products
  • Development of a new line of products within a certain platform
  • Acquisition of rights to manufacture or distribute products within a platform framework

Relevant Sectors

Genie Definition 3

  • Product Platform means any digital environment where a product is made accessible.

Relevant Contract Types

Relevant Circumstances

  • Provision of software products in a digital environment
  • Operation of an online marketplace
  • Development or hosting of a website where products are sold or distributed
  • Any e-commerce related activities involving product distribution

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Product Platform" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Product Platform'?

Product Platform means an operational software base that is consistent across multiple similar products

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