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Non Exclusive License Agreement
"I need a Non Exclusive License Agreement under Singapore law to license our proprietary software technology to multiple enterprise customers in Southeast Asia, with quarterly royalty payments and specific quality control requirements."
1. Parties: Identifies the licensor and licensee with full legal details
2. Background: Explains context and purpose of the license agreement
3. Definitions: Defines key terms used throughout the agreement
4. Grant of License: Specifies the rights being licensed and their scope
5. Term and Termination: Duration of license and conditions for termination
6. Payment Terms: License fees, royalties, and payment conditions
7. Intellectual Property Rights: Ownership and protection of licensed IP
1. Territory Restrictions: Geographic limitations on license use - include when license is restricted to specific regions
2. Quality Control: Standards and requirements for licensed product/service - include when brand reputation needs protection
3. Sublicensing Rights: Terms for allowing/restricting sublicensing - include when sublicensing might be permitted
4. Minimum Performance Requirements: Required minimum sales or usage targets - include when licensor wants to ensure commercial exploitation
1. Schedule 1: Licensed IP: Detailed description of licensed intellectual property
2. Schedule 2: License Fees: Detailed breakdown of fees and payment structure
3. Schedule 3: Technical Specifications: Technical details of licensed technology/product
4. Schedule 4: Quality Standards: Detailed quality requirements and specifications
Authors
Commencement Date
Confidential Information
Effective Date
Field of Use
Improvements
Initial Term
Intellectual Property Rights
Licensed IP
Licensed Products
Licensed Technology
License Fee
Net Sales
Patents
Renewal Term
Royalties
Territory
Term
Trade Marks
Technical Information
Quarter
Reporting Period
Subsidiary
Quality Standards
Working Day
Scope of License
Territory
Term and Duration
Fees and Royalties
Payment Terms
Intellectual Property Rights
Quality Control
Technical Support
Confidentiality
Warranties and Representations
Indemnification
Limitation of Liability
Record Keeping
Audit Rights
Assignment
Sub-licensing
Termination
Force Majeure
Governing Law
Dispute Resolution
Notices
Entire Agreement
Amendments
Severability
Non-Competition
Compliance with Laws
Reporting Requirements
Marketing and Promotion
Improvements
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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
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.