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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."
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
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
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
Authorized Users
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Force Majeure
Intellectual Property Rights
License Fee
Licensed Material
License Period
License Territory
Maintenance Services
Material Breach
Modifications
Notice
Permitted Purpose
Related Corporation
Ringgit Malaysia
Service Levels
Source Code
Technical Specifications
Term
Third Party
Updates
Usage Data
User Manual
Working Hours
Grant of License
License Scope
Payment Terms
Intellectual Property Rights
Usage Restrictions
Confidentiality
Warranties
Indemnification
Limitation of Liability
Term and Termination
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Data Protection
Audit Rights
Maintenance and Support
Compliance with Laws
Amendment
Severability
Entire Agreement
Third Party Rights
Counterparts
Technology
Software Development
Digital Media
Entertainment
Education
Publishing
Manufacturing
Healthcare
Financial Services
Telecommunications
E-commerce
Research and Development
Legal
Compliance
Intellectual Property
Business Development
Product Management
Software Development
Content Creation
Risk Management
Operations
Commercial
Procurement
Information Technology
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
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