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Copyright Software License
"I need a Copyright Software License agreement for my AI analytics software that will be licensed to Singapore-based financial institutions, with specific provisions for data protection and usage monitoring to be implemented by March 2025."
1. Parties: Identification of licensor and licensee
2. Background: Context of the software and licensing arrangement
3. Definitions: Key terms used throughout the agreement including Software, License, Intellectual Property Rights
4. Grant of License: Scope and nature of the license being granted, including usage rights and territories
5. License Restrictions: Limitations on use, prohibited activities, and restrictions on sublicensing or transfer
6. Intellectual Property Rights: Ownership and protection of IP, including copyright notices and restrictions
7. Term and Termination: Duration of the license and conditions for termination or renewal
1. Payment Terms: Details of license fees, payment schedule, and payment methods for commercial licenses
2. Support and Maintenance: Terms regarding technical support, updates, patches, and maintenance services
3. Data Protection: PDPA compliance requirements and data handling procedures
4. Warranties and Indemnities: Software warranties, disclaimer of warranties, and indemnification provisions
5. Export Controls: Compliance with export laws and regulations if software is distributed internationally
1. Schedule 1 - Software Specification: Detailed technical specifications and functionality of the software
2. Schedule 2 - License Fees: Detailed pricing structure and payment terms for commercial licenses
3. Schedule 3 - Support Level Agreement: Specific terms of support services, response times, and service levels
4. Schedule 4 - Acceptable Use Policy: Detailed terms of acceptable use, restrictions, and compliance requirements
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