Software Product License Generator for Australia

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Key Requirements PROMPT example:

Software Product License

"I need a Software Product License Agreement for my enterprise accounting software that will be licensed to Australian financial institutions, including implementation services and source code escrow provisions, with an initial term starting March 1, 2025."

Document background
The Software Product License Agreement serves as the primary legal framework for software distribution and use in the Australian market. This document is essential when a software provider wishes to grant users or organizations the right to use their software product while protecting their intellectual property rights and limiting liability. The agreement must comply with Australian legislation, including consumer protection laws, privacy regulations, and intellectual property statutes. It typically covers license scope, usage restrictions, fees, warranties, support terms, and termination rights. This document is particularly important for software vendors entering the Australian market or Australian companies developing and distributing software products, as it provides legal protection while ensuring compliance with local regulations.
Suggested Sections

1. Parties: Identification of the licensor and licensee, including full legal names and addresses

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

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

4. Grant of License: Scope and nature of the license granted, including type (perpetual/term), territory, and whether exclusive/non-exclusive

5. License Restrictions: Specific prohibitions and limitations on use of the software

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

7. License Fees and Payment: Payment terms, fee structure, and payment schedule

8. Warranties and Disclaimers: Software performance warranties and statutory warranty disclaimers

9. Support and Maintenance: Basic support terms and maintenance provisions

10. Term and Termination: Duration of agreement, renewal terms, and termination rights

11. Confidentiality: Protection of confidential information exchanged under the agreement

12. Limitation of Liability: Caps on liability and exclusions of certain types of damages

13. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment

Optional Sections

1. Professional Services: Include when implementation, configuration, or training services are provided with the software

2. Service Level Agreement: Include for cloud-based software or when specific performance metrics are guaranteed

3. Data Protection: Include when the software processes personal data or when compliance with privacy laws is required

4. Third-Party Components: Include when the software incorporates third-party software or open-source components

5. Export Controls: Include when the software is subject to export control regulations

6. High-Risk Activities: Include when software use needs to be restricted from critical or high-risk applications

7. Audit Rights: Include when the licensor needs rights to audit licensee's use of the software

8. Source Code Escrow: Include when source code escrow arrangements are part of the agreement

Suggested Schedules

1. Schedule 1 - Software Description: Detailed technical specifications and description of the licensed software

2. Schedule 2 - License Fees: Detailed fee structure, including any variable components or usage-based pricing

3. Schedule 3 - Support Services: Detailed support levels, response times, and maintenance terms

4. Schedule 4 - Service Level Agreement: Detailed performance metrics, availability requirements, and remedies

5. Schedule 5 - Acceptable Use Policy: Detailed rules and restrictions for software use

6. Appendix A - Technical Requirements: Minimum system requirements and technical prerequisites

7. Appendix B - Security Requirements: Security standards and requirements for software use

Authors

Alex Denne

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

Relevant legal definitions
Clauses
Relevant Industries

Information Technology

Software Development

Financial Services

Healthcare

Education

Retail

Manufacturing

Professional Services

Telecommunications

Government

Insurance

Mining

Construction

Transportation

Media and Entertainment

Relevant Teams

Legal

Information Technology

Procurement

Compliance

Risk Management

Sales

Commercial

Software Development

Product Management

Information Security

Operations

Vendor Management

Contract Administration

Relevant Roles

Chief Technology Officer

Software Development Manager

Legal Counsel

Contracts Manager

IT Director

Procurement Manager

Software License Administrator

Compliance Officer

Risk Manager

Information Security Officer

Commercial Director

Operations Manager

Business Development Manager

Sales Director

Product Manager

Chief Information Officer

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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