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Commercial Licence Agreement
"I need a Commercial Licence Agreement to grant a technology company permission to use our proprietary software across their European operations, including maintenance support, with an initial term starting from March 2025."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
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 and termination provisions
6. Payment Terms: Fees, payment schedule and methods
7. Intellectual Property Rights: Ownership and protection of IP
8. Confidentiality: Protection of confidential information
9. Governing Law and Jurisdiction: Applicable law and dispute resolution
1. Sublicensing Rights: Optional provisions for granting sublicences to third parties
2. Territory Restrictions: Optional geographical limitations on the licence usage
3. Support Services: Optional provisions for technical support and maintenance services
4. Service Levels: Optional performance standards and metrics for software or technical licences
1. Schedule 1 - Licensed Products/Materials: Detailed description and specification of the licensed items
2. Schedule 2 - Technical Specifications: Technical details, requirements and parameters of the licensed products
3. Schedule 3 - Fee Schedule: Detailed breakdown of fees, charges and payment terms
4. Schedule 4 - Service Level Agreement: Detailed performance metrics, standards and remedies
5. Schedule 5 - Maintenance and Support: Details of support services, maintenance procedures and response times
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