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Corporate Software License
"I need a Corporate Software License agreement for licensing our enterprise resource planning software to a manufacturing company in Mumbai, with implementation services and source code escrow provisions, planned to commence from March 2025."
1. Parties: Identification of the licensor and licensee, including registered addresses and company details
2. Background: Context of the agreement, brief description of the software, and purpose of the license
3. Definitions: Defined terms used throughout the agreement, including technical terms and key concepts
4. License Grant: Scope of the license, including type (non-exclusive/exclusive), territory, and permitted use
5. License Restrictions: Specific prohibitions and limitations on use of the software
6. Term and Termination: Duration of the license, renewal terms, and termination rights
7. License Fees: Payment terms, fee structure, and payment schedule
8. Delivery and Installation: Terms for software delivery, installation requirements, and acceptance criteria
9. Intellectual Property Rights: Ownership of IP, protection of rights, and handling of improvements
10. Warranties and Representations: Standard warranties regarding software functionality, IP rights, and compliance with laws
11. Support and Maintenance: Basic support obligations, maintenance services, and service levels
12. Confidentiality: Protection of confidential information and trade secrets
13. Limitation of Liability: Caps on liability and exclusions of certain types of damages
14. Data Protection: Compliance with Indian data protection laws and data handling requirements
15. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Professional Services: Additional services like customization, integration, or training, if required
2. Source Code Escrow: Terms for source code escrow arrangements, if agreed
3. Audit Rights: Right to audit licensee's use of software, if required for compliance
4. Third-Party Software: Terms relating to third-party components, if any included in the software
5. Export Control: Export compliance terms, if software is subject to export restrictions
6. Business Continuity: Disaster recovery and business continuity obligations, if critical for licensee
7. Change Control: Process for managing changes to software or services, if ongoing development involved
8. Security Requirements: Specific security obligations beyond standard terms, if handling sensitive data
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the licensed software
2. Schedule 2 - License Fees: Detailed fee structure, payment terms, and pricing models
3. Schedule 3 - Support Services: Detailed service level agreements and support procedures
4. Schedule 4 - Technical Requirements: Hardware, software, and network requirements for operation
5. Schedule 5 - Acceptance Testing: Testing procedures and acceptance criteria
6. Appendix A - Authorized Users: List of authorized users or user categories and access levels
7. Appendix B - Locations: Approved locations for software installation and use
Authors
Information Technology
Software Development
Enterprise Software
Financial Services
Healthcare
Manufacturing
Retail
Telecommunications
Professional Services
Education
Government/Public Sector
E-commerce
Banking
Insurance
Pharmaceuticals
Legal
Information Technology
Procurement
Finance
Compliance
Risk Management
Information Security
Operations
Technical Support
Software Development
Contract Administration
Vendor Management
Chief Information Officer
IT Director
Legal Counsel
Procurement Manager
Software Licensing Manager
Chief Technology Officer
Information Security Officer
Contract Manager
Chief Financial Officer
IT Operations Manager
Compliance Officer
Risk Manager
Technology Procurement Specialist
Software Asset Manager
Corporate Counsel
Digital Transformation Manager
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