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Non Exclusive Perpetual Licence
"I need a Non Exclusive Perpetual Licence for our company's software API, allowing multiple third-party developers to integrate with our platform while ensuring we maintain control over usage and technical requirements."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and ownership of licensed material
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of the licence granted, including non-exclusive and perpetual nature
5. Licensed Material: Detailed description of what is being licensed
6. Term and Termination: Duration (perpetual) and any termination provisions for breach
7. Payment Terms: Fees, royalties, and payment schedules
8. Warranties and Indemnities: Legal guarantees and protection provisions
9. Governing Law: Specification of English and Welsh law as governing law
1. Quality Control: Standards and requirements for using licensed material
2. Sub-licensing Rights: Rights and restrictions regarding sub-licensing to third parties
3. Territory Restrictions: Geographical limitations on usage of licensed material
4. Reporting Requirements: Obligations to report usage or sales statistics
1. Schedule 1: Licensed Material: Detailed specification of the intellectual property being licensed
2. Schedule 2: Technical Requirements: Technical specifications and requirements for usage
3. Schedule 3: Fee Schedule: Detailed breakdown of fees and payment terms
4. Schedule 4: Usage Guidelines: Specific guidelines and restrictions for using the licensed material
Authors
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Intellectual Property Rights
Licensed Material
Licensed Rights
Licensed Use
Licence Fee
Licence Period
Licensee
Licensor
Permitted Purpose
Representatives
Restricted Territory
Royalties
Specifications
Technical Requirements
Term
Territory
Third Party
Updates
Working Hours
Scope of Licence
Licence Restrictions
Intellectual Property Rights
Payment Terms
Royalties
Warranties
Indemnities
Confidentiality
Term and Duration
Termination
Quality Control
Technical Requirements
Maintenance and Support
Sub-licensing
Assignment
Territory Restrictions
Reporting and Audit Rights
Representations
Force Majeure
Notices
Entire Agreement
Variation
Waiver
Severability
Third Party Rights
Governing Law
Dispute Resolution
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Organizational security
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