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Software License

Software License Template for India

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Key Requirements PROMPT example:

Software License

"I need a Software License Agreement for my AI analytics software company based in Bangalore, licensing our enterprise software to a major banking client, with specific provisions for data security and regulatory compliance under Indian banking laws."

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Document background
The Software License Agreement is a critical legal document used when a software owner (licensor) grants permission to another party (licensee) to use their software under specific terms and conditions. This agreement is essential in the Indian technology sector and must comply with the Information Technology Act, 2000, and other relevant Indian legislation. It's particularly important for software companies, technology providers, and businesses deploying software solutions, as it protects intellectual property rights while clearly defining usage permissions, restrictions, and obligations of all parties. The agreement can be customized for various licensing models including perpetual, subscription-based, or enterprise-wide licenses, and can accommodate both domestic and international transactions while maintaining compliance with Indian legal requirements.
Suggested Sections

1. Parties: Identification of the licensor and licensee with complete legal details

2. Background: Context of the agreement, brief description of the software, and purpose of the license

3. Definitions: Definitions of key terms used throughout the agreement

4. License Grant: Scope of the license, usage rights, and restrictions

5. License Fees and Payment Terms: Details of licensing fees, payment schedule, and payment methods

6. Intellectual Property Rights: Assertion and protection of IP rights in the software

7. Confidentiality: Protection of confidential information and trade secrets

8. Warranties and Representations: Warranties regarding software functionality, ownership, and compliance with laws

9. Limitation of Liability: Limits on liability and disclaimers

10. Term and Termination: Duration of the license and termination conditions

11. Post-Termination Obligations: Obligations of parties after agreement termination

12. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction details

13. Dispute Resolution: Process for resolving disputes between parties

14. General Provisions: Standard boilerplate clauses including notices, assignment, and severability

Optional Sections

1. Support and Maintenance: Terms for technical support and software maintenance - include if support services are part of the agreement

2. Service Level Agreement: Performance metrics and service levels - include for enterprise software licenses

3. Data Protection and Privacy: Compliance with data protection laws - include if software processes personal data

4. Source Code Escrow: Terms for source code escrow arrangement - include for mission-critical software

5. Training and Implementation: Terms for user training and implementation services - include if these services are provided

6. Export Control: Export compliance terms - include for international licensing

7. Third-Party Software: Terms regarding third-party components - include if software includes third-party elements

8. Insurance: Insurance requirements - include for high-value enterprise licenses

Suggested Schedules

1. Schedule 1 - Software Description: Detailed description of the licensed software, including versions and components

2. Schedule 2 - Technical Specifications: Technical requirements and specifications of the software

3. Schedule 3 - License Fees: Detailed breakdown of license fees and payment schedule

4. Schedule 4 - Service Level Agreement: Detailed service levels and performance metrics

5. Schedule 5 - Support Services: Description of support and maintenance services

6. Appendix A - Authorized Users: List of authorized users or user categories

7. Appendix B - Acceptable Use Policy: Guidelines for acceptable use of the software

8. Appendix C - Security Requirements: Security standards and requirements for software usage

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


































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Relevant Industries

Information Technology

Banking and Financial Services

Healthcare

E-commerce

Manufacturing

Education

Telecommunications

Professional Services

Government and Public Sector

Retail

Media and Entertainment

Insurance

Automotive

Pharmaceuticals

Relevant Teams

Legal

Information Technology

Procurement

Compliance

Finance

Risk Management

Software Development

Information Security

Vendor Management

Corporate Strategy

Operations

Business Development

Relevant Roles

Chief Technology Officer

Legal Counsel

IT Director

Software Licensing Manager

Procurement Manager

Contract Manager

Compliance Officer

Information Security Manager

Chief Information Officer

Software Development Manager

Chief Legal Officer

IT Asset Manager

Chief Financial Officer

Risk Manager

Business Development Manager

Technical Account Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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