Exclusive Software License Agreement Template for Philippines

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Key Requirements PROMPT example:

Exclusive Software License Agreement

"I need an Exclusive Software License Agreement for licensing our accounting software to a distributor in the Philippines, with exclusive rights for the ASEAN region and a 5-year term starting January 1, 2025, including quarterly royalty payments and source code escrow provisions."

Document background
The Exclusive Software License Agreement is essential for businesses seeking to establish exclusive rights to commercialize software products in specific markets under Philippine jurisdiction. This agreement is commonly used when a software owner wishes to grant sole distribution or usage rights to another entity while retaining ownership of the intellectual property. The document must comply with the Philippine Intellectual Property Code (RA 8293), E-Commerce Act (RA 8792), and Technology Transfer Act (RA 10055), making it suitable for both domestic and international software licensing arrangements. It includes detailed provisions on exclusivity scope, territory definitions, technical support requirements, and compliance with local data privacy and consumer protection laws.
Suggested Sections

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: Detailed definitions of technical terms, software components, and key concepts used throughout the agreement

4. Grant of License: Explicit terms of the exclusive license, including territorial scope and confirmation of exclusivity

5. License Restrictions: Specific limitations on use, restrictions on sublicensing, and prohibited activities

6. Intellectual Property Rights: Assertion and protection of licensor's IP rights, including ownership of modifications and improvements

7. License Fees and Payment Terms: Payment structure, amounts, payment schedule, and payment methods

8. Delivery and Implementation: Terms for software delivery, installation, and acceptance testing procedures

9. Technical Support and Maintenance: Scope of support services, maintenance terms, and service level commitments

10. Warranties and Representations: Warranties regarding software ownership, performance, and compliance with laws

11. Confidentiality: Protection of confidential information and trade secrets

12. Term and Termination: Duration of the agreement, renewal terms, and termination conditions

13. Post-Termination Obligations: Obligations of parties after agreement termination, including return of materials

14. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes

15. General Provisions: Standard clauses including force majeure, entire agreement, and amendments

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 Privacy Compliance: Specific provisions for compliance with the Data Privacy Act, required if software processes personal data

3. Export Control: Provisions regarding software export restrictions, needed for international licensing

4. Training Services: Terms for training services if the licensor provides user training

5. Custom Development: Terms for additional custom development or modifications, if offered

6. Service Level Agreement: Detailed service levels and performance metrics, if specific performance guarantees are required

7. Disaster Recovery: Disaster recovery and business continuity provisions, important for critical software

8. Third-Party Software: Terms relating to incorporated third-party software components, if applicable

Suggested Schedules

1. Schedule A - Software Description: Detailed technical specification of the licensed software and its components

2. Schedule B - License Fees: Detailed breakdown of license fees, payment schedules, and calculation methods

3. Schedule C - Technical Support Services: Detailed description of support and maintenance services

4. Schedule D - Service Level Requirements: Specific performance metrics, response times, and service levels

5. Schedule E - Acceptance Testing Criteria: Detailed acceptance testing procedures and criteria

6. Appendix 1 - Authorized Users: List of authorized users or user categories and their access rights

7. Appendix 2 - Technical Requirements: Minimum system requirements and technical specifications for software operation

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

Manufacturing

Retail

Telecommunications

Education

Government

Professional Services

E-commerce

Media and Entertainment

Business Process Outsourcing

Relevant Teams

Legal

Information Technology

Procurement

Finance

Compliance

Software Development

Commercial

Business Development

Operations

Risk Management

Intellectual Property

Relevant Roles

Chief Technology Officer

Legal Counsel

IP Attorney

Software Licensing Manager

Commercial Director

Chief Information Officer

Head of Procurement

Technology Transfer Officer

Software Development Manager

Compliance Officer

Contract Manager

Business Development Director

Chief Financial Officer

IT Security Manager

Technical Operations 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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