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Common Use License
"I need a Common Use License for our new software product that will be distributed across Southeast Asia, with specific provisions for commercial use and resale restrictions, to be effective from March 2025."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the license agreement, including the nature of the licensed material and purpose
3. Definitions: Key terms and their meanings as used throughout the agreement
4. Grant of License: Scope, nature, and extent of the rights being licensed
5. Use Restrictions: Specific limitations and prohibited uses of the licensed material
6. Term and Termination: Duration of the license and conditions for termination
7. Intellectual Property Rights: Confirmation of ownership and protection of IP rights
8. Warranties and Representations: Guarantees and statements made by each party
9. Liability and Indemnification: Limitations of liability and indemnification obligations
10. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Payment Terms: Details of license fees, payment schedule, and payment methods (for paid licenses)
2. Territory Restrictions: Geographical limitations on where the license can be used
3. Maintenance and Support: Terms for technical support, updates, and maintenance services
4. Data Protection: Compliance with PDPA and data protection obligations
5. Assignment and Sublicensing: Terms regarding transfer of license rights to third parties
1. Schedule 1 - Licensed Material: Detailed description and specifications of the licensed material
2. Schedule 2 - Permitted Uses: Comprehensive list of authorized uses and applications
3. Schedule 3 - Fee Schedule: Detailed breakdown of fees, payment terms, and schedules (if applicable)
4. Schedule 4 - Technical Requirements: Technical specifications and requirements for using the licensed material
Authors
Licensed Material
Effective Date
Term
Territory
Intellectual Property Rights
Permitted Use
Confidential Information
Commencement Date
Documentation
Fee
License
Modifications
Notice
Parties
Permitted Users
Related Corporation
Restricted Use
Third Party
Updates
Use
Working Day
Business Hours
Scope of Use
Intellectual Property Rights
Term and Duration
Termination
License Fees
Payment Terms
Permitted Uses
Restricted Uses
Warranties
Indemnification
Limitation of Liability
Confidentiality
Assignment
Sub-licensing
Territory Restrictions
Maintenance and Support
Audit Rights
Dispute Resolution
Governing Law
Force Majeure
Notices
Amendments
Entire Agreement
Severability
Third Party Rights
Data Protection
Export Control
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