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Software Sublicence Agreement
"I need a Software Sublicence Agreement to allow my company to sublicense our enterprise resource planning software to three subsidiary companies in Europe, with specific usage restrictions and a termination date of December 31, 2025."
1. Parties: Identification of licensor and sublicensee, including registered addresses and company numbers
2. Background: Context of the agreement, reference to head licence, and purpose of sublicensing
3. Definitions: Key terms used throughout the agreement including Software, Territory, Intellectual Property Rights
4. Grant of Licence: Scope and nature of the sublicence, including territory and usage rights
5. Licence Fees: Payment terms, amounts, and schedule of payments
6. Intellectual Property Rights: Ownership and protection of IPR, including restrictions
7. Term and Termination: Duration of agreement and circumstances for termination
8. Warranties and Indemnities: Standard warranties and indemnification provisions
1. Maintenance and Support: Terms for ongoing support and maintenance services when included in the sublicence
2. Data Protection: GDPR and data protection compliance provisions when software processes personal data
3. Source Code Escrow: Provisions for source code protection when source code access might be required
4. Service Levels: Performance metrics and standards for software as a service arrangements
1. Schedule 1 - Software Description: Detailed description of licensed software and components
2. Schedule 2 - Licence Fees: Detailed payment structure and calculations
3. Schedule 3 - Technical Requirements: Minimum system requirements and specifications
4. Schedule 4 - Head Licence Terms: Relevant terms from the head licence affecting the sublicence
5. Schedule 5 - Support and Maintenance Services: Detailed description of support services if applicable
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