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Integration Software Licence
"I need an Integration Software Licence agreement for my fintech company to license our payment processing integration software to a major retail chain, with specific provisions for data security and real-time transaction processing service levels to be implemented by March 2025."
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. Licence Grant: Scope and nature of the licence being granted
5. Licence Restrictions: Limitations on use and prohibited activities
6. Intellectual Property Rights: Ownership and protection of IP
7. Payment Terms: Licence fees, payment schedule, and related terms
8. Term and Termination: Duration and termination provisions
1. Service Levels: Performance standards and metrics for software availability and functionality
2. Data Protection: GDPR compliance, data handling requirements and security measures
3. Source Code Escrow: Arrangements for source code protection and access conditions
4. Professional Services: Implementation, support, and additional service provisions
1. Software Description: Detailed technical specifications of the software and its functionality
2. Licence Fees: Detailed pricing structure and payment terms
3. Service Level Agreement: Detailed performance metrics, service levels and remedies
4. Integration Requirements: Technical requirements and specifications for integration
5. Support Services: Details of maintenance, support provisions and response times
Authors
Authorised Users
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Fees
Initial Term
Integration Requirements
Integration Services
Integration Software
Intellectual Property Rights
Licence
Licence Period
Licensed Materials
Maintenance Release
New Version
Normal Business Hours
Permitted Purpose
Service Levels
Software
Source Code
Specification
Support Services
System Environment
Technical Requirements
Term
Territory
Third Party Software
Updates
User Acceptance Tests
Virus
Working Hours
Scope of Licence
Licence Restrictions
Delivery and Installation
Integration Requirements
Service Levels
Acceptance Testing
Implementation
Intellectual Property Rights
Third Party Software
Source Code
Support Services
Maintenance
Payment Terms
Warranties
Indemnification
Limitation of Liability
Confidentiality
Data Protection
Force Majeure
Term and Termination
Exit Management
Assignment and Subcontracting
Audit Rights
Dispute Resolution
Governing Law
Security Requirements
Documentation
Training
Updates and Upgrades
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