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Multi User Software License
"I need a Multi User Software License Agreement for my enterprise accounting software that will be used by 500 employees across three office locations in the US, with specific clauses for data security and quarterly payment terms starting March 2025."
1. Parties: Identification of licensor and licensee entities
2. Background: Context of the agreement and purpose of the software license
3. Definitions: Key terms used throughout the agreement including Software, Licensed Users, Territory, etc.
4. License Grant: Scope and nature of the software license being granted, including user limitations
5. License Restrictions: Limitations on use of the software, prohibited activities, and user access controls
6. Payment Terms: License fees, payment conditions, and any usage-based pricing
7. Intellectual Property Rights: Ownership of IP, protection of rights, and third-party components
8. Warranties and Disclaimers: Software performance warranties and limitation of warranties
9. Term and Termination: Duration of license, renewal terms, and termination conditions
10. Governing Law: Applicable law and jurisdiction for dispute resolution
1. Data Protection: Privacy and data handling provisions when software processes personal data
2. Service Level Agreement: Performance standards and metrics for cloud-based or hosted software
3. Export Controls: Export compliance provisions for international use
4. Source Code Escrow: Terms for source code escrow arrangements if required by licensee
5. Professional Services: Terms for implementation, training, or consulting services if provided
1. Schedule A - Licensed Software: Detailed description of software components, modules, and features covered by the license
2. Schedule B - Technical Specifications: Technical requirements, system specifications, and compatibility requirements
3. Schedule C - Service Level Agreement: Detailed service levels, performance metrics, and remedies for cloud-based solutions
4. Schedule D - Support and Maintenance: Terms of technical support, maintenance services, and response times
5. Schedule E - Fee Schedule: Detailed breakdown of license fees, user tiers, and payment terms
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