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Short Term License Agreement
"I need a Short Term License Agreement for licensing our proprietary software to a Canadian manufacturing company for a 6-month trial period starting March 1, 2025, with an option to extend for another 6 months."
1. Parties: Identification of the licensor and licensee with full legal names and addresses
2. Background: Brief context of the agreement and the parties' intentions
3. Definitions: Key terms used throughout the agreement
4. License Grant: Scope and nature of the license being granted, including any restrictions
5. Term and Termination: Duration of the license and circumstances for early termination
6. Payment Terms: License fees, payment schedule, and payment methods
7. Intellectual Property Rights: Confirmation of ownership and protection of IP rights
8. Confidentiality: Protection of confidential information exchanged during the license period
9. Warranties and Disclaimers: Basic warranties about the licensed material and standard disclaimers
10. Limitation of Liability: Limits on parties' liability under the agreement
11. General Provisions: Standard boilerplate including governing law, notices, and assignment
1. Support Services: Include when technical support or maintenance services are part of the license
2. Training: Include when training services are to be provided by the licensor
3. Audit Rights: Include when licensor needs right to audit licensee's use of licensed material
4. Export Control: Include when licensed material may be subject to export control regulations
5. Insurance: Include when specific insurance coverage is required
6. Data Protection: Include when personal data processing is involved in the license
7. Return of Materials: Include when physical or electronic materials must be returned upon termination
8. Acceptance Testing: Include when licensed material requires testing and acceptance procedures
1. Schedule A - Licensed Material: Detailed description of the licensed intellectual property or materials
2. Schedule B - License Fees: Detailed breakdown of fees and payment schedule
3. Schedule C - Technical Specifications: Technical requirements and specifications for the licensed material
4. Schedule D - Service Levels: Service level commitments if support services are included
5. Appendix 1 - Authorized Users: List of authorized users or user categories if license is restricted
6. Appendix 2 - Acceptable Use Policy: Detailed rules for acceptable use of the licensed material
Authors
Technology
Software Development
Media and Entertainment
Professional Services
Education
Healthcare
Manufacturing
Research and Development
Telecommunications
Consulting
Creative Industries
Biotechnology
Legal
Commercial
Business Development
Intellectual Property
Procurement
Operations
Risk Management
Information Technology
Research and Development
Product Management
Content Management
Compliance
Legal Counsel
Contract Manager
Intellectual Property Manager
Business Development Manager
Technology Licensing Manager
Commercial Director
Chief Legal Officer
Chief Technology Officer
Operations Manager
Project Manager
Content Licensing Manager
Software Licensing Coordinator
Procurement Manager
Risk Manager
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