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Enterprise Software Agreement
"I need an Enterprise Software Agreement for my fintech company to license our AI-powered trading platform to large financial institutions, with specific focus on data protection and service level guarantees for high-frequency trading operations."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. License Grant: Scope and terms of software license
5. Fees and Payment: Payment terms, pricing, and billing arrangements
6. Intellectual Property Rights: Ownership and protection of IP
7. Confidentiality: Protection of confidential information
8. Term and Termination: Duration and termination provisions
9. Warranties and Representations: Guarantees and assurances provided by both parties
10. Liability and Indemnification: Limitations of liability and indemnification obligations
1. Professional Services: Terms for additional implementation or consulting services
2. Service Level Agreement: Performance standards, metrics, and service level commitments
3. Data Processing Terms: Specific terms relating to processing of personal data under UK GDPR
4. Source Code Escrow: Terms for source code escrow arrangements if applicable
1. Schedule 1 - Software Description: Detailed description of licensed software and technical specifications
2. Schedule 2 - Service Level Agreement: Detailed service levels, performance metrics, and remedies
3. Schedule 3 - Pricing: Detailed pricing structure, fees, and payment terms
4. Schedule 4 - Support Services: Details of support and maintenance services
5. Schedule 5 - Data Processing: Details of data processing activities and compliance requirements
6. Schedule 6 - Implementation Plan: Timeline and milestones for software implementation if applicable
Authors
Affiliate
Authorized Users
Business Day
Confidential Information
Configuration
Customer Data
Documentation
Effective Date
Fees
Force Majeure Event
Implementation Services
Initial Term
Intellectual Property Rights
License
Licensed Software
Maintenance Release
New Version
Normal Business Hours
Personal Data
Professional Services
Security Requirements
Service Credits
Service Level Agreement
Service Levels
Software
Source Code
Specification
Support Hours
Support Services
System Requirements
Term
Territory
Third Party Software
Updates
Upgrades
User Acceptance Testing
Virus
Vulnerability
Intellectual Property Rights
Fees and Payment
Implementation
Service Levels
Support and Maintenance
Warranties
Indemnification
Limitation of Liability
Confidentiality
Data Protection
Security Requirements
Acceptance Testing
Change Control
Force Majeure
Term and Termination
Exit and Migration
Audit Rights
Assignment and Subcontracting
Non-solicitation
Dispute Resolution
Governing Law
Insurance
Business Continuity
Third Party Rights
Anti-bribery
Export Control
Notices
Entire Agreement
Variation
Severability
Waiver
Force Majeure
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Enterprise Software Agreement
A legal agreement governing the licensing and use of enterprise software solutions under English and Welsh law.
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