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Non Exclusive Agreement
"I need a Non-Exclusive Agreement for a Malaysian software company to license our financial management software to multiple banks, with the agreement term starting from March 1, 2025, including standard warranties and data protection provisions."
1. Parties: Identification of the contracting parties with full legal names and addresses
2. Background: Context of the agreement and brief description of why parties are entering into it
3. Definitions: Key terms used throughout the agreement
4. Grant of Rights: Clear statement of the non-exclusive rights being granted, including scope and territory
5. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
6. Payments and Fees: Financial terms, payment schedules, and any applicable fees
7. Obligations of the Parties: Key responsibilities and obligations of each party
8. Representations and Warranties: Standard warranties about capacity to contract and specific warranties related to the subject matter
9. Limitation of Liability: Limits on parties' liability and any exclusions
10. Confidentiality: Protection of confidential information exchanged during the relationship
11. Governing Law and Jurisdiction: Confirmation of Malaysian law as governing law and jurisdiction for disputes
12. General Provisions: Standard boilerplate clauses including notices, entire agreement, and amendments
1. Intellectual Property Rights: Include when the agreement involves licensing or use of intellectual property
2. Quality Control: Include when the agreement involves products or services that need to meet specific standards
3. Marketing and Promotion: Include when parties need to coordinate on marketing activities
4. Insurance: Include when specific insurance requirements need to be maintained
5. Data Protection: Include when personal data processing is involved
6. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
7. Anti-Corruption: Include when compliance with anti-corruption laws needs to be emphasized
8. Assignment and Subcontracting: Include when transfer of rights or subcontracting needs to be specifically addressed
1. Schedule 1 - Products/Services: Detailed description of products or services covered by the agreement
2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees, charges, and payment terms
3. Schedule 3 - Service Levels: Performance metrics and service level requirements if applicable
4. Schedule 4 - Territory: Detailed description of geographical areas covered by the agreement
5. Schedule 5 - Technical Requirements: Any technical specifications or requirements
6. Appendix A - Contact Details: Key contact persons and their details for both parties
Authors
Applicable Law
Business Day
Commencement Date
Confidential Information
Contract Period
Effective Date
Force Majeure Event
Grantor
Grantee
Intellectual Property Rights
Licensed Rights
Licensed Territory
Notice
Parties
Products
Permitted Purpose
Quarter
Ringgit Malaysia
Royalty
Services
Specifications
Term
Territory
Third Party
Working Hours
Grant of Rights
Non-Exclusivity
Term
Termination
Payment
Obligations
Representations and Warranties
Intellectual Property
Confidentiality
Limitation of Liability
Indemnification
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Amendment
Severability
Entire Agreement
Third Party Rights
Competition Compliance
Data Protection
Quality Control
Record Keeping
Audit Rights
Insurance
Anti-Corruption
Survival
Counterparts
Technology
Manufacturing
Retail
Healthcare
Financial Services
Media and Entertainment
Telecommunications
Professional Services
Consumer Goods
Software and IT
Education
E-commerce
Logistics
Pharmaceutical
Legal
Commercial
Business Development
Sales
Operations
Procurement
Compliance
Partner Management
Contract Administration
Risk Management
Legal Counsel
Commercial Director
Business Development Manager
Contract Manager
Licensing Manager
Partnership Manager
Sales Director
Operations Manager
Procurement Manager
Compliance Officer
Chief Legal Officer
Chief Commercial Officer
Business Unit Head
Regional Manager
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