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Copyright Software Licence
"I need a Copyright Software Licence for my new AI analytics software that will be licensed to financial institutions in the UK, with specific clauses about data protection and source code protection, starting from March 2025."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and ownership declaration of the software
3. Definitions: Key terms used throughout the agreement including Software, Licensed Rights, Territory, etc.
4. Grant of Licence: Scope and nature of the licence being granted, including territory and permitted use
5. Licence Restrictions: Limitations on use and prohibited activities
6. Intellectual Property Rights: Confirmation of ownership and protection of rights
7. Payment Terms: Licence fees and payment conditions
8. Term and Termination: Duration of the licence and circumstances for termination
9. Warranties and Indemnities: Standard warranties about ownership and indemnities for breach
10. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law
1. Support and Maintenance: Terms for ongoing support services and software updates
2. Data Protection: GDPR and data protection compliance provisions
3. Source Code Escrow: Terms for source code protection and access conditions
4. White Label Provisions: Terms for rebranding and resale of the software
5. Export Controls: Compliance with export control regulations
1. Schedule 1 - Software Description: Detailed description of the licensed software and its components
2. Schedule 2 - Technical Specifications: Technical requirements and compatibility information
3. Schedule 3 - Service Level Agreement: Performance metrics and service levels if applicable
4. Schedule 4 - Support Services: Details of support and maintenance services if included
5. Schedule 5 - Fee Schedule: Detailed breakdown of licence fees and payment terms
Authors
Background IPR
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Fee
Force Majeure Event
Intellectual Property Rights
Licence
Licensed Software
Licence Period
Maintenance Release
New Version
Normal Business Hours
Open-Source Software
Permitted Users
Personal Data
Software
Source Code
Specification
Support Services
Term
Territory
Third Party Software
Update
Upgrade
User Acceptance Testing
Virus
Warranty Period
Licence Restrictions
Delivery and Installation
Acceptance Testing
Intellectual Property Rights
Third Party Software
Warranties
Support and Maintenance
Payment
Confidentiality
Data Protection
Audit Rights
Term and Termination
Force Majeure
Assignment and Sub-licensing
Export Regulations
Anti-piracy Measures
Source Code Escrow
Limitation of Liability
Indemnification
Compliance with Laws
Dispute Resolution
Governing Law and Jurisdiction
Entire Agreement
Severability
Notices
Waiver
Third Party Rights
Variation
Counterparts
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