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License Terms And Conditions
"I need License Terms and Conditions for a software development company based in Manila, planning to license our new enterprise resource planning software to corporate clients across Southeast Asia starting March 2025, with specific requirements for data privacy compliance and source code protection."
1. Parties: Identification of the licensor and licensee with complete legal names and addresses
2. Background: Context of the agreement, nature of the licensed property, and general purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Scope of the license, including type (exclusive/non-exclusive), territory, and permitted uses
5. License Fee and Payment Terms: Financial terms, payment schedule, and payment methods
6. Term and Termination: Duration of the license, renewal terms, and grounds for termination
7. Intellectual Property Rights: Ownership of IP, protection of rights, and handling of improvements
8. Obligations of the Licensor: Licensor's responsibilities including support, maintenance, and updates
9. Obligations of the Licensee: Licensee's responsibilities including usage restrictions and compliance requirements
10. Warranties and Representations: Guarantees provided by both parties regarding the licensed property and their authority
11. Limitation of Liability: Scope of liability limitations and exclusions
12. Confidentiality: Protection of confidential information exchanged during the license period
13. Governing Law and Jurisdiction: Application of Philippine law and jurisdiction for dispute resolution
14. General Provisions: Standard boilerplate clauses including assignment, severability, and entire agreement
1. Data Protection and Privacy: Required when personal data processing is involved, ensuring compliance with the Data Privacy Act
2. Quality Control: Necessary for trademark licenses or when maintaining quality standards is crucial
3. Source Code Escrow: For software licenses where source code protection is required
4. Training and Support: When the license includes technical support or training services
5. Export Control: For licenses involving international usage or transfer of technology
6. Insurance: When specific insurance coverage is required for the licensed property
7. Audit Rights: When verification of usage or royalty calculations is necessary
8. Localization Rights: For content that may need to be adapted for local Philippine market
1. Schedule 1 - Licensed Property: Detailed description of the licensed property, including technical specifications
2. Schedule 2 - Fee Schedule: Detailed breakdown of license fees, royalty calculations, and payment terms
3. Schedule 3 - Technical Requirements: Technical specifications, system requirements, or compatibility requirements
4. Schedule 4 - Service Level Agreement: Performance metrics and service standards if applicable
5. Schedule 5 - Approved Sub-licensees: List of approved sub-licensees if sub-licensing is permitted
6. Appendix A - Usage Guidelines: Detailed guidelines for proper use of the licensed property
7. Appendix B - Support and Maintenance Terms: Detailed terms for technical support and maintenance services
8. Appendix C - Territory Restrictions: Specific geographical restrictions or permissions for license use
Authors
Information Technology
Software Development
Digital Media
Entertainment
Publishing
Education
Healthcare
Financial Services
Manufacturing
Retail
Telecommunications
Professional Services
Research and Development
E-commerce
Gaming
Legal
Intellectual Property
Compliance
Business Development
Product Development
Information Technology
Operations
Risk Management
Commercial
Procurement
Research and Development
Content Management
Software Development
Legal Counsel
Intellectual Property Manager
Licensing Manager
Contract Administrator
Business Development Manager
Chief Technology Officer
Product Manager
Compliance Officer
IP Rights Administrator
Commercial Director
Software Development Manager
Content Licensing Specialist
Risk Manager
Operations Director
General Counsel
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