User Data License Agreement
The agreement between a data seller (the User) and a data licensor (the Company) is called a User Data Licensing Agreement or UDLA.
First off, let's establish the names and roles:
• The licensor or "seller" of the data is the User.
• The licensee or "buyer" of the data is the Company (you).
The basis of the agreement is a two-way exchange. The User will grant a license to a Company for a defined set of data they own. The Company is permitted to use said data for a set of purposes defined in the UDLA for an agreed form of compensation.
TIKI provides the following assets to help in creation of your UDLA.
1. Guidelines - a series of requirements and clauses your UDLA must include to considered valid.
2. Template - a boiler plate agreement, that you can easily fill out and amend for your specific application.
Always review with your legal counsel before deploying to production.
Updated about 2 months ago