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Generic Software Licence Agreement
"I need a Generic Software Licence Agreement for my new AI analytics software that will be licensed to enterprise customers in the UK, with specific provisions for data protection and source code escrow arrangements."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the software
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of the licence granted
5. Licence Fees: Payment terms and conditions
6. Intellectual Property Rights: Ownership and protection of IP rights
7. Term and Termination: Duration and termination provisions
8. Warranties and Limitations: Warranties provided and their limitations
1. Source Code Escrow: Terms for source code protection - used when providing enterprise or business-critical software
2. Professional Services: Terms for additional services like implementation or training - used when offering supplementary services
3. Data Processing: Terms for handling personal data - used when software processes personal data
4. Export Controls: Compliance with export regulations - used for international licensing
1. Software Description: Detailed technical specifications of the software
2. Service Level Agreement: Performance metrics and service levels
3. Fee Schedule: Detailed breakdown of fees and payment terms
4. Acceptable Use Policy: Terms of acceptable software usage
5. Data Processing Agreement: Detailed terms for processing personal data
Authors
Authorised Users
Business Day
Confidential Information
Documentation
Effective Date
Fees
Initial Term
Intellectual Property Rights
Licence
Licence Fee
Maintenance Release
New Version
Normal Business Hours
Personal Data
Software
Source Code
Specification
Support Services
System Requirements
Term
Territory
Third Party Software
Updates
Upgrades
User Acceptance Testing
Virus
Vulnerability
Working Hours
Licence Restrictions
Delivery and Installation
Licence Fees
Payment Terms
Intellectual Property Rights
Warranties
Support Services
Maintenance
Confidentiality
Data Protection
Liability Limitations
Force Majeure
Term and Duration
Termination
Effect of Termination
Assignment and Sub-licensing
Audit Rights
Service Levels
Acceptance Testing
Security Requirements
Disaster Recovery
Export Controls
Third Party Rights
Notice Requirements
Governing Law
Dispute Resolution
Entire Agreement
Variation
Severability
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