Perpetual Software License Agreement for Malta

Perpetual Software License Agreement Template for Malta

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Key Requirements PROMPT example:

Perpetual Software License Agreement

"I need a Perpetual Software License Agreement for enterprise accounting software that will be deployed across our Malta-based financial services company, with specific provisions for data protection, source code escrow, and disaster recovery requirements as we're handling sensitive financial data."

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What is a Perpetual Software License Agreement?

This Perpetual Software License Agreement is designed for situations where a software provider wishes to grant permanent, ongoing rights to use their software products under Maltese law. It is particularly suitable for enterprise software deployments where the customer requires long-term certainty about their software usage rights and wants to make a one-time payment rather than recurring subscription fees. The agreement comprehensively covers essential aspects such as license scope, usage permissions, technical requirements, support services, and compliance with Maltese and EU regulations. It's commonly used for on-premises software installations or dedicated cloud instances where the customer needs perpetual access rights. The document includes specific provisions required under Maltese law while incorporating international software licensing best practices.

What sections should be included in a Perpetual Software License Agreement?

1. Parties: Identification of the licensor and licensee with full legal details

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

3. Definitions: Definitions of key terms used throughout the agreement

4. Grant of License: Scope of the perpetual license, permitted uses, and territory

5. License Restrictions: Specific prohibitions and limitations on use of the software

6. Delivery and Installation: Terms regarding software delivery, installation requirements, and acceptance

7. License Fees: Payment terms, including one-time license fee and any recurring maintenance fees

8. Intellectual Property Rights: Ownership of IP rights and protection of proprietary rights

9. Warranties and Representations: Warranties regarding software functionality, performance, and IP rights

10. Support and Maintenance: Terms of technical support and software maintenance services

11. Confidentiality: Protection of confidential information exchanged between parties

12. Limitation of Liability: Limitations on liability and exclusions of damages

13. Term and Termination: Duration of agreement and grounds for termination despite perpetual nature

14. Effects of Termination: Consequences of agreement termination and surviving provisions

15. General Provisions: Standard legal provisions including governing law, notices, and assignment

What sections are optional to include in a Perpetual Software License Agreement?

1. Data Protection: Required when software processes personal data, addressing GDPR compliance

2. Third-Party Software: Include when the software incorporates third-party components or dependencies

3. Source Code Escrow: Optional provision for source code escrow arrangements

4. Professional Services: Include when additional implementation or customization services are provided

5. Export Control: Required when software is subject to export control regulations

6. High Availability: Include when specific uptime or performance requirements are guaranteed

7. Disaster Recovery: Required for critical software implementations requiring backup and recovery procedures

8. Security Requirements: Include when specific security standards or certifications must be maintained

What schedules should be included in a Perpetual Software License Agreement?

1. Schedule 1 - Software Description: Detailed description of the software, including versions and components

2. Schedule 2 - Technical Requirements: Hardware and software requirements for operation

3. Schedule 3 - Service Levels: Performance metrics and service level commitments

4. Schedule 4 - Support Services: Detailed support and maintenance procedures and response times

5. Schedule 5 - License Fees: Detailed breakdown of license fees and payment schedule

6. Schedule 6 - Authorized Users: Definition and limitations of authorized users if applicable

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

8. Appendix B - Documentation: List of user manuals and technical documentation provided

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

Relevant legal definitions
Clauses
Relevant Industries

Information Technology

Financial Services

Healthcare

Education

Manufacturing

Retail

Professional Services

Telecommunications

Government

Banking

Insurance

E-commerce

Media and Entertainment

Transportation and Logistics

Energy and Utilities

Relevant Teams

Legal

Information Technology

Procurement

Compliance

Vendor Management

Software Asset Management

Contract Administration

Risk Management

Information Security

Software Development

Relevant Roles

Chief Technology Officer

IT Director

Legal Counsel

Procurement Manager

Software License Manager

Contract Administrator

Chief Information Officer

Technology Procurement Specialist

IT Asset Manager

Corporate Counsel

Software Compliance Officer

Vendor Management Officer

Chief Legal Officer

IT Operations Manager

Software Development Manager

Industries
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

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