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Commercial License Software
"I need a Commercial Software License Agreement for enterprise-level cybersecurity software to be deployed across our Indonesian banking operations, with perpetual licensing for 5000 users, including source code escrow provisions and custom implementation services to be completed by March 2025."
1. Parties: Identification of the licensor and licensee, including their legal status and registered addresses
2. Background: Context of the agreement, brief description of the software, and purpose of the license
3. Definitions: Defined terms used throughout the agreement, including technical terms and specific software components
4. License Grant: Scope of the license, usage rights, and any territorial or user number limitations
5. License Restrictions: Specific prohibitions and limitations on use of the software
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights in the software
7. Payment Terms: License fees, payment schedule, and payment methods
8. Delivery and Installation: Terms for software delivery, installation process, and acceptance criteria
9. Support and Maintenance: Basic support services and maintenance terms included with the license
10. Warranties and Disclaimers: Software performance warranties and standard disclaimers
11. Limitation of Liability: Limits on liability and exclusions of certain types of damages
12. Confidentiality: Protection of confidential information exchanged during the license relationship
13. Term and Termination: Duration of the license and grounds for termination
14. Post-Termination Obligations: Actions required upon termination of the license
15. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment
1. Data Protection and Privacy: Required if the software processes personal data or when compliance with Indonesian Data Protection Law is necessary
2. Service Level Agreement: Include for enterprise software requiring specific performance metrics and availability guarantees
3. Subscription Terms: Required for subscription-based licensing models with recurring payments
4. Third-Party Software: Include when the software incorporates third-party components or dependencies
5. Export Controls: Required for software subject to export regulations or international distribution
6. Source Code Escrow: Optional protection for licensee through source code escrow arrangements
7. Professional Services: Include when additional implementation or customization services are provided
8. High Availability and Disaster Recovery: Required for mission-critical software applications
1. Schedule 1 - Software Description: Detailed description of the software, including modules, features, and technical specifications
2. Schedule 2 - License Fees: Detailed breakdown of license fees, payment schedules, and pricing terms
3. Schedule 3 - Support Services: Detailed support and maintenance terms, including service levels and response times
4. Schedule 4 - Technical Requirements: Minimum system requirements and technical specifications for the software
5. Schedule 5 - Acceptable Use Policy: Detailed terms of acceptable use and specific restrictions
6. Appendix A - Data Processing Terms: Detailed data protection and processing terms if applicable
7. Appendix B - Service Level Metrics: Detailed service level commitments and performance metrics if applicable
Authors
Acceptance Tests
Affiliate
Authorized Users
Business Day
Confidential Information
Documentation
Effective Date
Fees
Force Majeure Event
Initial Term
Intellectual Property Rights
License Key
Licensed Software
Maintenance Release
Major Release
Minor Release
Normal Business Hours
Open Source Software
Personal Data
Professional Services
Renewal Period
Service Level Agreement
Software Specifications
Source Code
Support Services
System Requirements
Technical Requirements
Term
Territory
Third-Party Software
Updates
Upgrades
User Acceptance Testing
User Manual
Virus
Warranty Period
Work Product
License Restrictions
Intellectual Property Rights
License Fees
Payment Terms
Delivery and Installation
Technical Requirements
Acceptance Testing
Support and Maintenance
Service Levels
User Obligations
Software Updates
Confidentiality
Data Protection
Warranties
Indemnification
Limitation of Liability
Force Majeure
Term and Duration
Termination
Assignment
Audit Rights
Export Control
Source Code Escrow
Dispute Resolution
Governing Law
Notices
Entire Agreement
Amendment
Severability
Third Party Rights
Anti-Corruption
Insurance
Force Majeure
Compliance with Laws
Information Technology
Software Development
Financial Services
Healthcare
Manufacturing
Retail
E-commerce
Education
Government
Telecommunications
Professional Services
Banking
Insurance
Energy and Utilities
Media and Entertainment
Legal
Information Technology
Procurement
Software Development
Information Security
Risk and Compliance
Finance
Operations
Commercial
Business Development
Project Management
Technical Support
Chief Technology Officer
Legal Counsel
Procurement Manager
IT Director
Software Development Manager
Chief Information Officer
Contracts Manager
Compliance Officer
Information Security Officer
Risk Manager
Commercial Director
Chief Financial Officer
Business Development Manager
Operations Manager
Project Manager
Technical Account Manager
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Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.