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Key Requirements PROMPT example:

White Label Software Agreement

"I need a White Label Software Agreement for licensing our AI-powered analytics software to a financial services company, with specific provisions for data protection and FCA compliance, planned to commence in March 2025."

Document background
The White Label Software Agreement is essential for businesses seeking to license their software for rebranding by third parties. This agreement, governed by English and Welsh law, establishes the framework for software licensing, rebranding rights, technical support, service levels, and revenue arrangements. It's particularly crucial for protecting intellectual property rights while enabling commercial exploitation through white labeling arrangements. The document addresses key aspects including data protection compliance under UK GDPR, service level commitments, and liability allocation.
Suggested Sections

1. Parties: Identification of the licensor (software provider) and licensee (white label partner)

2. Background: Context of the agreement and brief description of the software and white labeling arrangement

3. Definitions: Key terms used throughout the agreement including Software, White Label Rights, Intellectual Property Rights, etc.

4. License Grant: Scope of the white label license, permitted uses, and restrictions

5. Intellectual Property Rights: Ownership and protection of IP rights in the software and branded elements

6. Fees and Payment: Payment terms, pricing structure, and billing arrangements

7. Service Levels: Performance standards, maintenance, and support obligations

8. Data Protection: Compliance with data protection laws and data handling requirements

9. Confidentiality: Protection of confidential information and trade secrets

10. Term and Termination: Duration, renewal, and termination provisions

Optional Sections

1. Implementation Services: Details of setup and integration services when implementation support is required

2. Territory Restrictions: Geographic limitations on use and distribution when licensing is territory-specific

3. Revenue Share: Revenue sharing arrangements and calculations when payment includes revenue sharing model

4. Marketing Requirements: Marketing obligations and restrictions when specific marketing arrangements are needed

5. Regulatory Compliance: Specific regulatory requirements for regulated industries (e.g., financial services)

Suggested Schedules

1. Software Description: Detailed technical specifications of the software

2. Service Level Agreement: Detailed performance metrics and support requirements

3. Fee Schedule: Detailed pricing and payment terms

4. Branding Guidelines: Requirements for white labeling and rebranding

5. Data Processing Agreement: Detailed data protection obligations and procedures

6. Technical Support Process: Support procedures and escalation paths

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Copyright, Designs and Patents Act 1988: Primary legislation governing software copyright protection and intellectual property rights in the UK

Data Protection Act 2018 and UK GDPR: Legislation governing the processing, storage, and protection of personal data in the UK post-Brexit

Consumer Rights Act 2015: Legislation protecting consumer rights, relevant if end-users could be consumers of the white label software

Supply of Goods and Services Act 1982: Legislation governing contracts for the supply of goods and services in business-to-business contexts

Computer Misuse Act 1990: Legislation covering unauthorized access to computer systems and software security requirements

Unfair Contract Terms Act 1977: Legislation regulating unfair terms in contracts, particularly regarding limitation of liability clauses

Electronic Commerce (EC Directive) Regulations 2002: Regulations governing electronic commerce and online business operations

Trade Marks Act 1994: Legislation governing trademark protection, relevant for white labeling and branding aspects

Network and Information Systems Regulations 2018: Regulations concerning network and information systems security for digital service providers

Privacy and Electronic Communications Regulations (PECR): Regulations governing electronic communications, cookies, and electronic marketing

Export Control Order 2008: Legislation controlling the export of technology and software from the UK

Financial Services and Markets Act 2000: Legislation governing financial services and markets, relevant if the software involves financial services

ISO/IEC Standards: International standards for software development and quality assurance that may need to be referenced in the agreement

ISO 27001: International standard for information security management systems, often required in software agreements

Common Law Contract Principles: Established legal principles governing contract formation, interpretation, and enforcement in England and Wales

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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