AI ML Model License Agreement Template
AI ML Model License Agreement Template
This template provides a legal framework for licensing AI and ML models, detailing rights, obligations, and key clauses for effective agreements.
What This AI ML Model License Agreement Template Covers
This AI ML model license agreement template provides a comprehensive framework for licensing artificial intelligence and machine learning models. It details the rights and obligations of both the Licensor and Licensee, ensuring clarity in the licensing process. Key clauses include the License Grant, which specifies the scope of usage rights, and the Obligations of Licensee, outlining responsibilities in relation to the AI model.
When to Use an Artificial Intelligence Licensing Agreement
This template is essential when businesses or individuals intend to license AI or ML models for specific applications. For instance, a tech startup may need a machine learning model license to integrate predictive analytics into their software. Alternatively, a research institution might require an AI software license contract to utilize a proprietary model for academic studies.
What's Included in This Licensing Agreement for AI Models Template
- Parties: Clearly identifies the Licensor and Licensee, including their addresses.
- License Grant: Specifies the scope and limitations of the license, including permitted uses of the AI/ML model.
- Obligations of Licensee: Details the responsibilities of the Licensee, ensuring compliance with the terms of the agreement.
- Indemnification: Outlines the indemnity provisions protecting both parties from legal claims arising from the use of the licensed model.
- Termination: Describes the conditions under which the agreement can be terminated, ensuring both parties understand their rights.
- Governing Law: Specifies the jurisdiction that governs the agreement, providing clarity in case of disputes.
Key Provisions of the ML Model Usage Rights
- License Grant: This provision is crucial as it defines how the Licensee can use the AI model, preventing unauthorized usage.
- Obligations of Licensee: Ensures that the Licensee adheres to all legal and ethical standards while using the AI model.
- Indemnification: Protects both parties from potential liabilities, fostering a secure licensing environment.
Disclaimer: This template is for informational purposes only and does not constitute legal advice.