This Floating Software License agreement is designed for use in Pakistan when organizations need to implement flexible software licensing arrangements that allow sharing of licenses among multiple users through network-based authentication. The document is particularly suitable for enterprise-scale software deployments where concurrent user access needs to be managed efficiently and cost-effectively. It incorporates requirements from Pakistani electronic transaction laws, copyright regulations, and contract law, while addressing technical aspects such as license server configuration, usage monitoring, and authentication mechanisms. The agreement includes comprehensive terms for maintenance, support, and usage restrictions, making it suitable for both domestic and international software providers operating in Pakistan. This type of agreement is typically used when organizations want to optimize software license costs by purchasing fewer licenses than the total number of potential users, based on expected concurrent usage patterns.

1. Parties: Identification of the licensor and licensee, including registered addresses and company details

2. Background: Context of the agreement and brief description of the software and floating license concept

3. Definitions: Definitions of key terms including Concurrent Users, License Server, Authentication Mechanism, Licensed Software, etc.

4. Grant of License: Scope of license grant, including concurrent user limits and territory restrictions

5. License Server and Authentication: Requirements and specifications for license server setup and authentication mechanisms

6. Usage Restrictions: Limitations on software use, prohibited activities, and user access controls

7. Technical Requirements: Minimum system requirements, network specifications, and installation prerequisites

8. License Metrics and Monitoring: Definition of usage measurement, monitoring tools, and reporting requirements

9. Payment Terms: License fees, payment schedule, and terms for additional user licenses

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

11. Intellectual Property Rights: Protection of IP rights, ownership of software and modifications

12. Confidentiality: Protection of confidential information and trade secrets

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

14. Warranties and Disclaimers: Software performance warranties and limitation of warranties

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

16. Governing Law and Jurisdiction: Application of Pakistani law and jurisdiction for disputes