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Floating Software License
"I need a Floating Software License agreement for deploying CAD software across our five manufacturing locations in Pakistan, allowing up to 50 concurrent users with the license term starting January 2025, including provisions for maintenance and technical support."
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
1. Professional Services: Terms for additional implementation or consulting services if required
2. Disaster Recovery: Provisions for backup licensing in disaster recovery scenarios
3. Third-Party Software: Terms relating to incorporated third-party software components
4. Data Protection: Additional data protection terms if personal data is processed
5. Export Controls: Required for international use or if software is subject to export restrictions
6. Source Code Escrow: Terms for source code escrow if agreed between parties
7. Custom Development: Terms for any custom modifications or development work
1. Schedule 1 - Licensed Software: Detailed description of software, modules, and versions covered
2. Schedule 2 - Technical Specifications: Detailed technical requirements and network specifications
3. Schedule 3 - Service Levels: Support and maintenance service level agreements
4. Schedule 4 - Fee Schedule: Detailed pricing, payment terms, and user license costs
5. Schedule 5 - Implementation Plan: Timeline and milestones for software deployment
6. Appendix A - Acceptable Use Policy: Detailed rules and guidelines for software usage
7. Appendix B - Support Procedures: Procedures for accessing technical support and maintenance
Authors
Authorized Users
Business Day
Concurrent Users
Confidential Information
Documentation
Effective Date
Fees
Implementation Services
Intellectual Property Rights
License Administrator
License Key
License Metrics
License Server
Licensed Software
Maintenance Services
Network
Normal Business Hours
Operating Environment
Permitted Number
Related Entities
Security Requirements
Service Levels
Software Updates
Source Code
Specifications
Support Services
System Requirements
Technical Requirements
Term
Territory
Third Party Software
Usage Data
User Authentication
Virus
Working Hours
License Restrictions
Technical Requirements
Authentication and Access
Payment
Intellectual Property
Confidentiality
Data Protection
Service Levels
Support and Maintenance
Implementation
Warranties
Indemnification
Limitation of Liability
Term and Termination
Force Majeure
Assignment
Audit Rights
Compliance with Laws
Notice
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Waiver
Third Party Rights
Counterparts
Information Technology
Banking and Financial Services
Manufacturing
Healthcare
Education
Professional Services
Government and Public Sector
Telecommunications
Engineering and Construction
Research and Development
Legal
Information Technology
Procurement
Finance
Compliance
Information Security
Software Asset Management
Infrastructure
Risk Management
Vendor Management
Chief Information Officer
IT Director
Software Licensing Manager
Procurement Manager
Legal Counsel
IT Infrastructure Manager
System Administrator
Software Asset Manager
Chief Technology Officer
Contract Manager
Information Security Officer
Enterprise Architect
Finance Director
Compliance Officer
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