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Amendment To License Agreement
"Need an Amendment To License Agreement to expand our software usage rights from 100 to 500 users and extend the license term until March 2025, while keeping all other terms of our existing enterprise software license agreement unchanged."
1. Parties: Identification of the parties to the original agreement and amendment
2. Background: Reference to original agreement and reason for amendment
3. Definitions: Key terms used in the amendment, including reference to original definitions
4. Amendment Details: Specific modifications to the original agreement
5. Confirmation of Other Terms: Statement that all other terms remain unchanged
6. Effective Date: When the amendments take effect
1. Additional Parties: Used when new parties are being added to the agreement
2. Consideration: Required if there's a change in commercial terms
3. Regulatory Compliance: Added when amendments trigger specific regulatory requirements
4. Transitional Provisions: Used when implementation of changes requires a transition period
1. Comparison Schedule: Shows original vs amended clauses in tracked changes
2. Updated Commercial Terms: If financial or commercial terms are being modified
3. Consent Documents: Any required third-party consents or approvals
4. Execution Formalities: Any specific execution requirements or powers of attorney
Authors
Amendment Date
Effective Date
Original License Agreement
Original Effective Date
Licensed Property
Licensed Rights
Modified Terms
Existing Terms
License Fee
Amended License Fee
Territory
Intellectual Property Rights
Parties
Licensor
Licensee
Business Day
Governing Law
Amended License Period
Additional Rights
Regulatory Authority
Consideration
Effective Date
Consideration
Confirmation of Original Terms
Interpretation
Representations and Warranties
Modified License Terms
Payment Terms
Duration
Territory
Scope of License
Usage Rights
Intellectual Property
Confidentiality
Regulatory Compliance
Assignment
Notices
Further Assurance
Severability
Entire Agreement
Governing Law
Dispute Resolution
Force Majeure
Execution
Counterparts
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