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Paid Software Licence
"I need a Paid Software Licence agreement for my new AI analytics software that will be licensed to enterprise customers in the UK, with specific clauses about data protection and service level agreements, targeting a launch date of March 2025."
1. Parties: Identification of licensor and licensee with full legal details
2. Background: Context of the agreement and brief description of the software
3. Definitions: Key terms used throughout the agreement
4. License Grant: Scope, nature and limitations of the software license
5. License Fees: Payment terms, amounts, and payment schedule
6. Intellectual Property Rights: Ownership and protection of IP rights
7. Restrictions on Use: Limitations and prohibited actions
8. Term and Termination: Duration and ending conditions
9. Warranties and Disclaimers: Quality guarantees and limitations
1. Support and Maintenance: Terms for ongoing support services - include when ongoing support is offered
2. Service Levels: Performance metrics and standards - include for enterprise software with uptime requirements
3. Data Processing: Terms for handling personal data - include when personal data is processed
4. Third Party Software: Terms relating to incorporated third-party software - include when third-party components are part of the solution
1. Software Description: Detailed technical specifications and functionality
2. License Fees Schedule: Detailed breakdown of pricing and payment terms
3. Service Level Agreement: Detailed performance metrics and remedies
4. Support Services Description: Details of support and maintenance services
5. Acceptable Use Policy: Detailed usage guidelines and restrictions
Authors
Affiliate
Agreement
Authorized Users
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Fees
Force Majeure Event
Initial Term
Intellectual Property Rights
License
License Fee
License Period
Licensee
Licensor
Maintenance Release
New Version
Normal Business Hours
Permitted Purpose
Personal Data
Software
Source Code
Specification
Support Services
System Requirements
Term
Territory
Third Party Software
Update
Upgrade
User Acceptance Testing
Virus
Vulnerability
Payment Terms
Intellectual Property Rights
Use Restrictions
Warranties
Liability Limitations
Confidentiality
Data Protection
Term and Termination
Force Majeure
Assignment
Support and Maintenance
Service Levels
Audit Rights
Indemnification
Insurance
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Anti-Bribery
Export Control
Third Party Rights
Variation
Waiver
Compliance with Laws
Security Requirements
Backup and Recovery
Installation
Training
Documentation
Updates and Upgrades
Acceptance Testing
Sub-licensing
Territory Restrictions
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