All Countries
Commercial
Perpetual Software License

Perpetual Software License Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Perpetual Software License

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Perpetual Software License

"I need a Perpetual Software License agreement for licensing our enterprise accounting software to large corporations in India, with specific provisions for data protection compliance and source code escrow arrangements."

Celebrated by
Collaborations with
Investors
Document background
The Perpetual Software License Agreement is designed for situations where organizations need to establish a permanent software licensing arrangement under Indian jurisdiction. This document is particularly relevant when a software provider wishes to grant indefinite usage rights to their software while maintaining ownership of the intellectual property. It addresses the requirements of the Indian Information Technology Act 2000, Copyright Act 1957, and other relevant legislation, making it suitable for both domestic and international licensing arrangements. The agreement typically includes comprehensive terms covering license scope, usage rights, technical requirements, support services, and compliance obligations, providing a robust framework for long-term software licensing relationships while ensuring legal enforceability under Indian law.
Suggested Sections

1. Parties: Identification of the licensor and licensee with full legal names, addresses, and company registration details

2. Background: Context of the agreement, brief description of the software, and purpose of the license

3. Definitions: Detailed definitions of technical and legal terms used throughout the agreement

4. Grant of License: Scope and nature of the perpetual license, including usage rights and restrictions

5. License Fees: One-time license fee details, payment terms, and any applicable taxes

6. Intellectual Property Rights: Assertion of ownership rights, protection of IP, and restrictions on modification

7. Licensee Obligations: Requirements and restrictions on licensee's use of the software

8. Technical Requirements: Minimum system requirements and technical specifications for software operation

9. Warranties: Software performance warranties and disclaimers

10. Support and Maintenance: Terms for ongoing technical support and maintenance services

11. Confidentiality: Protection of confidential information and trade secrets

12. Limitation of Liability: Caps on liability and exclusions of certain types of damages

13. Term and Termination: Duration of perpetual license and circumstances for termination

14. Governing Law and Jurisdiction: Application of Indian law and jurisdiction for dispute resolution

15. General Provisions: Standard boilerplate clauses including notices, assignment, and severability

Optional Sections

1. Source Code Escrow: Terms for source code escrow arrangement, used when licensee requires access to source code under specific conditions

2. Data Protection: Specific data handling and privacy requirements, needed when software processes personal data

3. Export Control: Compliance with export control laws, required for international use of software

4. Third-Party Software: Terms relating to incorporated third-party software components, needed when software includes third-party elements

5. Professional Services: Terms for additional implementation or customization services, included when professional services are part of the deal

6. Service Level Agreement: Performance metrics and service levels, needed when specific performance guarantees are required

7. Disaster Recovery: Business continuity and disaster recovery requirements, important for business-critical software

8. Insurance: Insurance requirements for either party, included for high-value or high-risk implementations

Suggested Schedules

1. Schedule A - Software Description: Detailed description of the software, including all modules, features, and functionality

2. Schedule B - Technical Specifications: Detailed technical requirements, system specifications, and compatibility requirements

3. Schedule C - License Fees: Detailed breakdown of license fees and payment schedule

4. Schedule D - Support Services: Detailed description of support and maintenance services, including service levels

5. Schedule E - Authorized Users: Definition and limitations of authorized users and usage parameters

6. Appendix 1 - Installation Guide: Technical documentation for software installation and configuration

7. Appendix 2 - Acceptance Testing: Acceptance testing procedures and criteria

8. Appendix 3 - Security Requirements: Detailed security requirements and compliance standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Acceptance
Affiliate
Authorized Users
Business Day
Confidential Information
Documentation
Effective Date
Intellectual Property Rights
License Fee
Licensed Software
Maintenance Services
Modifications
Object Code
Permitted Purpose
Personnel
Source Code
Specifications
Support Services
System Requirements
Technical Requirements
Territory
Third-Party Software
Updates
Upgrades
User Manual
Virus
Warranty Period
Work Product
Working Hours
Designated Location
Emergency Maintenance
Error
Force Majeure Event
Implementation Services
Instance
License Key
Scheduled Maintenance
Security Requirements
Service Level Agreement
Software Module
Test Environment
Production Environment
User Interface
Intellectual Property Claims
Maintenance Release
Performance Standards
Software Materials
Clauses
Definitions
License Grant
Intellectual Property
Payment
Technical Requirements
Installation
Support and Maintenance
Warranties
Indemnification
Limitation of Liability
Confidentiality
Data Protection
Term and Termination
Force Majeure
Assignment
Audit Rights
Security
Compliance
Export Control
Dispute Resolution
Governing Law
Insurance
Notice
Entire Agreement
Severability
Waiver
Amendment
Counterparts
Non-Solicitation
Survival
Performance
Documentation
Training
Acceptance Testing
Service Levels
Third-Party Software
User Rights
Usage Restrictions
Escrow
Disaster Recovery
Relevant Industries

Information Technology

Banking and Financial Services

Healthcare

Education

Manufacturing

Retail

Government and Public Sector

Telecommunications

Professional Services

Energy and Utilities

Transportation and Logistics

Media and Entertainment

Relevant Teams

Legal

Information Technology

Procurement

Compliance

Finance

Risk Management

Vendor Management

Software Asset Management

Contract Administration

Information Security

Relevant Roles

Chief Technology Officer

IT Director

Legal Counsel

Procurement Manager

Software Licensing Manager

Compliance Officer

Contract Manager

Chief Information Officer

IT Asset Manager

Chief Legal Officer

Technology Procurement Specialist

Software Asset Manager

Vendor Management Officer

Chief Financial Officer

Risk Management Officer

Industries
Information Technology Act, 2000: Provides legal framework for electronic contracts, digital signatures, and cybersecurity requirements in India. Essential for software licensing as it governs electronic transactions and digital contracts.
Copyright Act, 1957: Protects software as literary work and governs the licensing of intellectual property rights in software. Critical for defining scope of license and protection of software.
Indian Contract Act, 1872: Governs formation and enforcement of contracts in India, including essential elements like offer, acceptance, consideration, and capacity to contract.
Consumer Protection Act, 2019: Relevant when licensing software to individuals or entities qualifying as consumers, covering aspects of product liability and consumer rights.
Patents Act, 1970: While software per se is not patentable in India, relevant for software implementations of patented processes or technical effects.
Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011: Governs collection and handling of personal data through software systems, important for privacy and data protection clauses.
Competition Act, 2002: Relevant for ensuring license terms do not create anti-competitive effects or abuse dominant market position.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

No items found.

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

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.