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Unlimited License
"I need an Unlimited License agreement for software we've developed, to be used by a manufacturing company in Mumbai, with implementation starting January 2025 and including source code access, technical support, and training provisions."
1. Parties: Identification and details of the licensor and licensee, including registered addresses and company registration numbers
2. Background: Context of the agreement, brief description of the licensed property, and purpose of the license
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Grant of License: Scope of the unlimited license, including territory, duration, and permitted uses
5. License Fees: Payment terms, including any one-time fees, recurring charges, and payment schedules
6. Intellectual Property Rights: Confirmation of ownership, protection of IP rights, and handling of improvements or derivatives
7. Licensee Obligations: Responsibilities and restrictions on the licensee's use of the licensed property
8. Licensor Obligations: Responsibilities of the licensor, including any support or maintenance obligations
9. Warranties and Representations: Warranties regarding ownership, non-infringement, and quality of the licensed property
10. Indemnification: Mutual indemnification obligations for various risks and losses
11. Limitation of Liability: Limitations on parties' liability and exclusions of certain types of damages
12. Term and Termination: Duration of the agreement and circumstances for termination
13. Confidentiality: Protection of confidential information exchanged during the agreement
14. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
15. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Source Code Escrow: Required when licensing software and source code access needs to be protected
2. Quality Control: Needed when licensed property requires specific quality standards or compliance
3. Training and Support: Include when ongoing training or technical support is part of the license
4. Export Control: Required when licensed property may be subject to export restrictions
5. Data Protection: Include when personal data processing is involved in the license usage
6. Sublicensing Rights: Include when licensee is permitted to sublicense the property to third parties
7. Performance Requirements: Needed when specific performance metrics or standards must be maintained
8. Insurance: Include when specific insurance coverage is required for the licensed property usage
1. Schedule 1 - Licensed Property: Detailed description of the licensed property, including technical specifications
2. Schedule 2 - License Fees and Payment Terms: Detailed breakdown of all fees, payment schedules, and calculation methods
3. Schedule 3 - Technical Requirements: Technical specifications, system requirements, or implementation guidelines
4. Schedule 4 - Service Levels: Details of any service levels, support, or maintenance requirements
5. Schedule 5 - Approved Uses: Specific approved uses and any usage restrictions for the licensed property
6. Appendix A - Form of Reports: Templates for any required reporting under the agreement
7. Appendix B - Contact Details: Key contacts and escalation matrix for both parties
Authors
Information Technology
Software Development
Manufacturing
Healthcare
Education
Research & Development
Media & Entertainment
Telecommunications
Biotechnology
Automotive
Pharmaceutical
Consumer Electronics
Industrial Automation
Financial Services
Legal
Intellectual Property
Procurement
Information Technology
Research and Development
Product Development
Business Development
Finance
Compliance
Operations
Technical Support
Strategy
Legal Counsel
Intellectual Property Manager
Contract Manager
Chief Technology Officer
Business Development Manager
Licensing Director
Compliance Officer
Product Manager
Technology Transfer Officer
Research Director
Chief Executive Officer
Chief Financial Officer
Procurement Manager
Innovation Manager
IP Rights Administrator
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