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The Master Software Agreement is designed for organizations seeking to establish a long-term software licensing and services relationship under Hong Kong law. It provides a flexible framework that allows parties to license multiple software products and services over time without negotiating new terms for each transaction. This agreement is particularly relevant in today's digital economy where businesses increasingly rely on software solutions for their operations. It addresses key concerns such as intellectual property protection, data privacy compliance under Hong Kong's Personal Data (Privacy) Ordinance, service levels, and risk allocation. The document is structured to accommodate both traditional on-premise software and cloud-based solutions, making it adaptable to various technology deployment models.
