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Private Software License
"I need a Private Software License agreement under Malaysian law for licensing my enterprise resource planning software to manufacturing companies, with specific clauses for user limitations, data security requirements, and quarterly software updates starting from March 2025."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the software and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Scope and nature of the license being granted, including any territorial or usage restrictions
5. License Fees: Payment terms, fee structure, and payment schedule
6. Intellectual Property Rights: Declaration and protection of IP rights, ownership of software and derivatives
7. Confidentiality: Protection of confidential information and trade secrets
8. Licensee Obligations: Key responsibilities and restrictions on the licensee's use of the software
9. Technical Support and Maintenance: Terms for ongoing support, updates, and maintenance services
10. Term and Termination: Duration of the license and circumstances for termination
11. Warranties and Disclaimers: Software performance warranties and limitation of warranties
12. Limitation of Liability: Caps on liability and exclusions of certain types of damages
13. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment
1. Data Protection: Required if the software processes personal data or if data protection is a significant concern
2. Service Level Agreement: Include for software that requires specific performance standards or uptime guarantees
3. Third-Party Software: Required if the software incorporates third-party components or dependencies
4. Export Control: Include if the software is subject to export control regulations
5. Source Code Escrow: Optional section for critical software where source code access might be needed in specific circumstances
6. Training and Implementation: Include if the license includes initial setup and training services
7. Audit Rights: Include if the licensor needs rights to audit licensee's use of the software
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the software
2. Schedule 2 - License Fees and Payment Terms: Detailed breakdown of fees, payment schedule, and calculation methods
3. Schedule 3 - Support and Maintenance Services: Detailed description of support levels, response times, and maintenance procedures
4. Schedule 4 - Technical Requirements: Hardware, software, and network requirements for proper operation
5. Schedule 5 - Authorized Users: If applicable, details of user categories and access levels
6. Appendix A - Acceptable Use Policy: Detailed rules and restrictions for software usage
7. Appendix B - Security Requirements: Security protocols and requirements for software usage and data protection
Authors
Information Technology
Financial Services
Healthcare
Manufacturing
Retail
Education
Professional Services
Telecommunications
E-commerce
Government and Public Sector
Legal
Information Technology
Procurement
Compliance
Information Security
Risk Management
Software Development
Operations
Finance
Digital Transformation
Chief Technology Officer
IT Director
Software Development Manager
Legal Counsel
Procurement Manager
Compliance Officer
Information Security Manager
Contract Administrator
Technology Operations Manager
Enterprise Architect
Software Asset Manager
Risk Management Officer
Chief Information Officer
Digital Transformation Manager
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