Create a bespoke document in minutes, 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
Intercompany Licence Agreement
"I need an Intercompany Licence Agreement for my UK parent company to license our proprietary software and related IP to our new subsidiary in Wales, starting from March 2025, with specific provisions for technical support and quality control measures."
1. Parties: Identification and details of the licensor and licensee companies
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of the licence being granted
5. Term and Termination: Duration of the agreement and termination provisions
6. Payment Terms: Licensing fees, royalties, and payment conditions
7. Intellectual Property Rights: Ownership and protection of IP rights
8. Confidentiality: Protection of confidential information
9. Governing Law and Jurisdiction: Applicable law and dispute resolution
1. Quality Control: Standards and quality requirements - include when licensing involves products or services that need quality monitoring
2. Territory Restrictions: Geographical limitations of the licence - include when licence is limited to specific regions
3. Sub-licensing Rights: Rights to grant sub-licences - include when sub-licensing might be required
4. Technology Transfer: Provisions for technical knowledge transfer - include when technical implementation is required
5. Data Protection: Compliance with data protection laws - include when personal data processing is involved
1. Schedule 1 - Licensed Rights: Detailed description of intellectual property being licensed
2. Schedule 2 - Payment Terms: Detailed breakdown of fees, royalties and payment structure
3. Schedule 3 - Technical Specifications: Technical details and requirements of licensed technology
4. Schedule 4 - Quality Standards: Detailed quality requirements and monitoring procedures
5. Schedule 5 - Approved Sub-licensees: List of approved sub-licensees if applicable
6. Appendix A - Form of Reports: Templates for required reporting
Authors
Affiliate
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Group
Intellectual Property Rights
Licensed Materials
Licensed Products
Licensed Rights
Licensed Technology
Licence Fee
Licence Period
Licensee
Licensor
Party/Parties
Purpose
Quarter
Royalties
Services
Specification
Sub-licence
Term
Territory
Third Party
Trade Marks
Working Hours
Scope of Licence
Payment Terms
Royalties
Intellectual Property Rights
Quality Control
Confidentiality
Term and Duration
Termination
Warranties
Indemnification
Sub-licensing
Territory Restrictions
Regulatory Compliance
Transfer Pricing
Audit Rights
Record Keeping
Technical Support
Improvements
Data Protection
Force Majeure
Assignment
Dispute Resolution
Notices
Entire Agreement
Severability
Variation
Waiver
Third Party Rights
Governing Law and Jurisdiction
Find the exact document you need
Download our whitepaper on the future of AI in Legal
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
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.