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Software Licence Subscription
"I need a Software Licence Subscription agreement for my enterprise-level accounting software, which will be licensed to a major financial institution with specific data protection requirements and custom service level agreements, to be implemented by March 2025."
1. Parties: Identification of contracting parties including registered addresses
2. Background: Context of the agreement and brief description of the software
3. Definitions: Key terms used throughout the agreement
4. License Grant: Scope and nature of the software license
5. Subscription Terms: Duration, renewal, and termination provisions
6. Payment Terms: Fees, payment schedule, and pricing adjustments
7. Use Restrictions: Limitations on software use and prohibited activities
8. Intellectual Property Rights: Ownership and protection of IP
9. Confidentiality: Protection of confidential information
1. Service Level Agreement: Include when specific performance metrics are required for enterprise-level agreements
2. Professional Services: Additional services like implementation or training for complex software deployments
3. Data Processing Terms: Detailed data protection obligations when personal data processing is involved
1. Schedule 1 - Software Description: Detailed description of licensed software and features
2. Schedule 2 - Subscription Fees: Detailed pricing structure and payment terms
3. Schedule 3 - Service Levels: Performance metrics and service standards
4. Schedule 4 - Support Services: Details of technical support and maintenance
5. Appendix A - Acceptable Use Policy: Rules and guidelines for software usage
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