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Software Distribution License
"I need a Software Distribution License for my AI analytics software, granting exclusive distribution rights in Singapore and Malaysia to a major tech distributor, with revenue sharing of 70-30 and minimum annual sales targets of $2M, starting March 2025."
1. Parties: Identification of licensor and licensee
2. Background: Context of the agreement and software description
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Scope and nature of the distribution rights
5. License Restrictions: Limitations on use and distribution
6. Payment Terms: Fees, royalties, and payment schedules
7. Intellectual Property Rights: Ownership and protection of IP
8. Term and Termination: Duration and ending conditions
9. Warranties and Disclaimers: Quality assurances and limitations
1. Source Code Escrow: Terms for source code protection when source code access might be needed for maintenance
2. Territory Restrictions: Geographical limitations for when distribution is limited to specific regions
3. Minimum Performance Requirements: Distribution targets and quotas when specific performance metrics are required
4. Data Protection: PDPA compliance measures when personal data processing is involved
1. Software Specification: Detailed technical specifications of the software
2. License Fee Schedule: Detailed breakdown of fees and payment terms
3. Distribution Territory: Map or list of authorized distribution areas
4. Support and Maintenance Terms: Technical support and maintenance obligations
5. Service Level Agreement: Performance metrics and response times
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