Document background
The Perpetual License Agreement is essential for organizations seeking to establish long-term software usage rights under Indian jurisdiction. This document is typically used when a permanent license is preferred over subscription-based models, particularly for business-critical software applications. It addresses key aspects including license scope, IP rights, compliance requirements, and technical specifications, while incorporating mandatory provisions under Indian contract law, the Information Technology Act, 2000, and relevant IP legislation. The agreement is structured to protect both licensor and licensee interests through clear terms on usage rights, warranties, support services, and dispute resolution mechanisms.
