Standard Use License Template for Malaysia

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Key Requirements PROMPT example:

Standard Use License

"I need a Standard Use License agreement for my software company based in Kuala Lumpur, allowing corporate clients to use our cloud-based accounting software with an initial term starting January 1, 2025, including provisions for data protection and regular system updates."

Document background
This Standard Use License template is designed for use in Malaysia, providing a legally compliant framework for licensing intellectual property, software, content, or technology. It is particularly suitable for businesses and individuals seeking to grant or receive usage rights while ensuring compliance with Malaysian legislation, including the Contracts Act 1950, Copyright Act 1987, and Consumer Protection Act 1999. The Standard Use License incorporates essential elements such as scope of use, payment terms, warranties, and liability limitations, while being adaptable to various licensing scenarios. This document serves as a foundation for establishing clear licensing relationships in the Malaysian market, protecting both licensor and licensee interests through well-defined terms and conditions.
Suggested Sections

1. Parties: Identification of the licensor and licensee, including full legal names, registration numbers (if applicable), and principal places of business

2. Background: Context of the agreement, nature of the licensed material, and general purpose of the license

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Grant of License: Specific rights being granted, scope of use, and any territorial limitations

5. License Fee: Payment terms, amounts, and schedule of payments if applicable

6. Term and Termination: Duration of the license and circumstances under which it can be terminated

7. Intellectual Property Rights: Confirmation of ownership and protection of intellectual property

8. Restrictions on Use: Specific limitations and prohibited uses of the licensed material

9. Warranties and Representations: Statements about the licensed material's ownership and right to license

10. Limitation of Liability: Limits on the licensor's liability under the agreement

11. Governing Law: Specification of Malaysian law as governing law and jurisdiction

12. Entire Agreement: Standard boilerplate confirming this as the complete agreement between parties

Optional Sections

1. Sublicensing Rights: Include when licensee is permitted to sublicense to third parties

2. Maintenance and Support: Include for software or technical licenses requiring ongoing support

3. Data Protection: Include when personal data processing is involved, ensuring PDPA compliance

4. Export Control: Include for licenses involving international usage or transfer

5. Source Code Escrow: Include for software licenses where source code protection is needed

6. Audit Rights: Include when usage monitoring and verification is required

7. Insurance Requirements: Include when specific insurance coverage is needed for high-risk licenses

8. Competition Compliance: Include when license terms might affect market competition

Suggested Schedules

1. Schedule 1: Licensed Material: Detailed description of the licensed material, including version numbers or specific identifiers

2. Schedule 2: Technical Specifications: Technical requirements and specifications for use of the licensed material

3. Schedule 3: Fee Schedule: Detailed breakdown of license fees, payment terms, and calculation methods

4. Schedule 4: Service Levels: Performance standards and metrics if applicable

5. Appendix A: Acceptable Use Policy: Detailed guidelines for acceptable use of the licensed material

6. Appendix B: Support and Maintenance Terms: Detailed terms for any support and maintenance services

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 Industries

Technology

Software Development

Digital Media

Entertainment

Education

Publishing

Manufacturing

Healthcare

Financial Services

Telecommunications

E-commerce

Research and Development

Relevant Teams

Legal

Compliance

Intellectual Property

Business Development

Product Management

Software Development

Content Creation

Risk Management

Operations

Commercial

Procurement

Information Technology

Relevant Roles

Legal Counsel

Licensing Manager

Intellectual Property Manager

Contract Administrator

Business Development Manager

Product Manager

Software Development Manager

Content Manager

Chief Technology Officer

Chief Legal Officer

Compliance Officer

Risk Manager

Operations Director

Commercial Director

Industries
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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