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Software Licence Subscription
"I need a Software Licence Subscription agreement for my enterprise-level accounting software, which will be licensed to a major financial institution with specific data protection requirements and custom service level agreements, to be implemented by March 2025."
1. Parties: Identification of contracting parties including registered addresses
2. Background: Context of the agreement and brief description of the software
3. Definitions: Key terms used throughout the agreement
4. License Grant: Scope and nature of the software license
5. Subscription Terms: Duration, renewal, and termination provisions
6. Payment Terms: Fees, payment schedule, and pricing adjustments
7. Use Restrictions: Limitations on software use and prohibited activities
8. Intellectual Property Rights: Ownership and protection of IP
9. Confidentiality: Protection of confidential information
1. Service Level Agreement: Include when specific performance metrics are required for enterprise-level agreements
2. Professional Services: Additional services like implementation or training for complex software deployments
3. Data Processing Terms: Detailed data protection obligations when personal data processing is involved
1. Schedule 1 - Software Description: Detailed description of licensed software and features
2. Schedule 2 - Subscription Fees: Detailed pricing structure and payment terms
3. Schedule 3 - Service Levels: Performance metrics and service standards
4. Schedule 4 - Support Services: Details of technical support and maintenance
5. Appendix A - Acceptable Use Policy: Rules and guidelines for software usage
Authors
Authorized Users
Business Day
Confidential Information
Documentation
Effective Date
Fees
Initial Term
Intellectual Property Rights
License
Licensed Software
Maintenance Release
Normal Business Hours
Personal Data
Renewal Period
Service Levels
Software
Subscription
Subscription Period
Support Services
System Requirements
Term
Third Party Software
Updates
Upgrades
User Credentials
Virus
Vulnerability
Subscription Terms
Payment Terms
Use Restrictions
Service Levels
Support Services
Intellectual Property Rights
Data Protection
Confidentiality
Warranties
Indemnification
Limitation of Liability
Term and Termination
Force Majeure
Assignment
Audit Rights
Access and Security
Acceptable Use
Maintenance and Updates
Service Availability
Disaster Recovery
Export Controls
Third Party Rights
Dispute Resolution
Notices
Entire Agreement
Variation
Severability
Governing Law
Jurisdiction
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