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Product License Agreement
I need a Product License Agreement for licensing our new cloud-based accounting software to UAE-based small businesses, with specific provisions for data protection and monthly subscription fees starting from March 2025.
1. Parties: Identification of the licensor and licensee with full legal names and addresses
2. Background: Context of the agreement and brief description of the product being licensed
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Scope and nature of the license being granted, including any territorial restrictions
5. License Fees and Payment Terms: Detailed payment structure, including initial fees, recurring fees, and payment methods
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights related to the product
7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
8. Licensee Obligations: Key responsibilities and restrictions on the licensee's use of the product
9. Warranties and Representations: Statements about product quality, performance, and compliance with UAE laws
10. Limitation of Liability: Limits on liability in accordance with UAE law
11. Confidentiality: Protection of confidential information exchanged during the license relationship
12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
13. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Data Protection and Privacy: Required if the product involves collection or processing of personal data
2. Source Code Escrow: For software products where source code protection is required
3. Export Control: Necessary if the product is subject to export regulations
4. Installation and Implementation: Required for products needing specific installation procedures
5. Training and Support: Include when ongoing training or technical support is part of the license
6. Service Level Agreement: For products requiring specific performance levels or uptime guarantees
7. Disaster Recovery: Required for critical software or systems
8. Compliance with Shariah Law: Required if the agreement needs to be Shariah-compliant
9. Sub-licensing Rights: Include if licensee is permitted to sub-license the product
10. Localization Requirements: Include if product needs to meet specific UAE localization requirements
1. Product Specification: Detailed technical specifications of the licensed product
2. License Fees Schedule: Detailed breakdown of all applicable fees and payment terms
3. Service Level Requirements: Specific performance metrics and service levels if applicable
4. Maintenance and Support Terms: Details of maintenance and support services provided
5. Authorized Users: List of authorized users or user categories if license is restricted
6. Technical Requirements: Minimum technical requirements for product operation
7. Implementation Plan: Timeline and milestones for product implementation if relevant
8. Territory Schedule: Detailed description of licensed territory if geographically restricted
Authors
Authorized Users
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Initial Term
Intellectual Property Rights
License
License Fees
Licensed Product
Licensee
Licensor
Maintenance Services
Payment Terms
Product Specifications
Renewal Term
Support Services
Technical Requirements
Territory
Third Party Software
Updates
User Manual
Warranty Period
Working Hours
Acceptance Tests
Access Credentials
Authorized Purpose
Background IP
Delivery Date
Dispute
Force Majeure Event
Implementation Plan
Installation Site
Maintenance Schedule
Performance Standards
Security Requirements
Service Levels
Source Code
System Requirements
Technical Support
Term
Training Services
User Interface
License Restrictions
Payment Terms
Intellectual Property Rights
Confidentiality
Term and Termination
Warranties
Indemnification
Limitation of Liability
Force Majeure
Assignment
Governing Law
Dispute Resolution
Notices
Product Support
Technical Requirements
Installation
Training
Documentation
Maintenance Services
Security Requirements
Data Protection
Compliance with Laws
Export Control
Insurance
Audit Rights
Service Levels
Performance Standards
Implementation
Acceptance Testing
User Access
Territory Restrictions
Sub-licensing
Reporting
Quality Control
Amendments
Entire Agreement
Severability
Waiver
Third Party Rights
Information Technology
Software Development
Manufacturing
Healthcare Technology
Financial Services
Telecommunications
Media and Entertainment
Industrial Automation
Consumer Electronics
Professional Services
Education Technology
Retail Technology
Engineering Services
Biotechnology
Defense Technology
Legal
Commercial
Product Development
Sales
Procurement
Compliance
Finance
Risk Management
Technical Operations
Business Development
Intellectual Property
Information Technology
Customer Success
Operations
Legal Counsel
Commercial Director
Licensing Manager
Product Manager
Business Development Manager
Chief Technology Officer
Procurement Manager
Contracts Administrator
Intellectual Property Manager
Sales Director
Operations Manager
Compliance Officer
Technical Director
Chief Financial Officer
Risk Manager
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