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Perpetual Use License
"I need a Perpetual Use License agreement for enterprise software that we'll be licensing to a South African manufacturing company, including source code escrow provisions and ongoing maintenance terms, with the agreement to commence on March 1, 2025."
1. Parties: Identification of the Licensor and Licensee with full legal details
2. Background: Context of the agreement and brief description of the licensed material and purpose
3. Definitions and Interpretation: Detailed definitions of terms used in the agreement and interpretation rules
4. Grant of License: Explicit grant of perpetual license, including scope, territory, and any restrictions
5. License Fee: One-time or recurring fee structure for the perpetual license
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights
7. Use Restrictions: Specific limitations on use, prohibited activities, and usage boundaries
8. Licensee Obligations: Key responsibilities and requirements of the Licensee
9. Licensor Obligations: Key responsibilities and requirements of the Licensor
10. Warranties and Representations: Standard warranties regarding ownership, non-infringement, and authority to license
11. Liability and Indemnification: Limitation of liability and indemnification provisions
12. Breach and Remedies: Consequences of breach and available remedies
13. General Provisions: Standard boilerplate clauses including notices, governing law, etc
1. Maintenance and Support: Terms for ongoing maintenance and support services, if offered
2. Data Protection: POPIA compliance provisions if personal information is processed
3. Source Code Escrow: Escrow arrangements if source code access is part of the agreement
4. Training and Implementation: Terms for initial setup and training if provided
5. Export Control: Export restrictions and compliance requirements if applicable
6. Audit Rights: Rights to audit usage and compliance if required
7. Service Levels: Performance standards and metrics if ongoing service elements are included
1. Licensed Material: Detailed description of the licensed software, content, or material
2. Technical Specifications: Technical requirements and specifications
3. Fee Schedule: Detailed breakdown of license fees and payment terms
4. Acceptable Use Policy: Detailed guidelines for acceptable use of the licensed material
5. Support and Maintenance Terms: Detailed terms of support and maintenance if provided
6. Service Level Agreement: Detailed service levels and metrics if applicable
Authors
Affiliate
Authorized Users
Business Day
Confidential Information
Documentation
Effective Date
Intellectual Property Rights
Licensed Material
License Fee
Maintenance Services
Modifications
Normal Business Hours
Permitted Purpose
Personal Information
Proprietary Rights
Related Entities
Security Requirements
Services
Source Code
Specifications
Support Services
Technical Requirements
Territory
Third Party Components
Updates
Upgrades
Use
User Guide
Virus
Working Hours
Intellectual Property Rights
License Fee
Payment Terms
Usage Rights
Usage Restrictions
Technical Requirements
Acceptance
Warranties
Representations
Liability
Indemnification
Confidentiality
Data Protection
Security Requirements
Support and Maintenance
Documentation
Audit Rights
Assignment
Sub-licensing
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Notices
Entire Agreement
Severability
Waiver
Breach
Remedies
Anti-competitive Practices
Export Control
Consumer Protection
Electronic Communications
Third Party Rights
Amendment
Interpretation
Information Technology
Software Development
Media and Entertainment
Manufacturing
Healthcare
Financial Services
Professional Services
Education
Telecommunications
Research and Development
Biotechnology
Industrial Automation
Legal
Information Technology
Procurement
Compliance
Software Asset Management
Contract Administration
Intellectual Property
Risk Management
Technology Operations
Business Development
Chief Technology Officer
Legal Counsel
Intellectual Property Manager
Software Licensing Manager
Procurement Manager
Contract Administrator
Chief Information Officer
Technology Director
Legal Operations Manager
Compliance Officer
Software Asset Manager
IT Director
Business Development Manager
Chief Legal Officer
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