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1. Parties: Identification of the licensor and licensee, including full legal names and registered addresses
2. Background: Context of the agreement, nature of the software, and general purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Software', 'Documentation', 'Intellectual Property Rights', etc.
4. Grant of License: Specific terms of the license grant, including scope, territory, and whether exclusive or non-exclusive
5. License Restrictions: Explicit limitations on use of the software, including prohibited activities and unauthorized modifications
6. Intellectual Property Rights: Assertion and protection of the licensor's IP rights, including ownership of the software and any derivatives
7. Payment Terms: License fees, payment schedule, and any recurring charges
8. Licensee Obligations: Responsibilities of the licensee regarding software use, security, and compliance
9. Term and Termination: Duration of the license, renewal terms, and circumstances for termination
10. Warranties and Disclaimers: Warranties provided and limitations of liability
11. Confidentiality: Protection of confidential information exchanged during the license period
12. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction for disputes
1. Source Code Escrow: Terms for source code escrow arrangements, used when licensee requires access to source code under specific conditions
2. Professional Services: Terms for additional services like installation, training, or customization, if provided
3. Data Protection: Specific provisions for handling personal data, required if the software processes user data
4. Export Controls: Compliance with export regulations, needed for international licensing
5. Third-Party Software: Terms relating to incorporated third-party software or open-source components
6. Service Level Agreement: Performance standards and support levels, if ongoing support is provided
7. Audit Rights: Right to audit licensee's use of software, typically included for enterprise licenses
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the licensed software
2. Schedule 2 - License Fees: Detailed breakdown of license fees, payment terms, and any variable pricing elements
3. Schedule 3 - Technical Requirements: Minimum system requirements and technical specifications for software operation
4. Schedule 4 - Support Services: Details of any maintenance and support services provided
5. Schedule 5 - Authorized Users: Definition and limitations of authorized users or user categories
6. Appendix A - Acceptable Use Policy: Detailed policies regarding acceptable use of the software
7. Appendix B - Security Requirements: Security standards and requirements for software usage and data protection
Affiliate
Authorized Users
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Force Majeure Event
Initial Term
Installation
Intellectual Property Rights
License Fee
License Key
Licensed Software
Licensee
Licensor
Maintenance Services
Material Breach
Object Code
Personal Data
Permitted Purpose
Renewal Term
Source Code
Specifications
Software Updates
Software Upgrades
Support Services
System Requirements
Term
Territory
Third Party Software
User Manual
Virus
Working Hours
Intellectual Property Rights
Payment Terms
Usage Restrictions
Confidentiality
Data Protection
Warranties
Indemnification
Limitation of Liability
Term and Termination
Force Majeure
Assignment
Audit Rights
Compliance with Laws
Non-Competition
Technical Support
Service Levels
Dispute Resolution
Governing Law
Insurance
Notice Requirements
Severability
Entire Agreement
Amendment
Third Party Rights
Export Control
Source Code Escrow
Maintenance and Updates
Security Requirements
Anti-Bribery
Technology
Software Development
Financial Services
Healthcare
E-commerce
Manufacturing
Professional Services
Education
Telecommunications
Media and Entertainment
Gaming
Retail
Insurance
Banking
Legal
Information Technology
Software Development
Procurement
Compliance
Information Security
Operations
Commercial
Risk Management
Product Management
Vendor Management
Chief Technology Officer
Software Development Manager
Legal Counsel
IP Attorney
Procurement Manager
IT Director
Chief Information Officer
Software Licensing Manager
Contract Administrator
Commercial Director
Chief Executive Officer
Chief Legal Officer
Software Asset Manager
Enterprise Architect
Information Security Officer
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