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Non Exclusive Software License
"I need a Non Exclusive Software License Agreement for my new AI analytics software that will be licensed to enterprise customers in the healthcare sector, with specific HIPAA compliance clauses and data protection requirements included."
1. Parties: Identification of licensor and licensee, including legal entities and contact details
2. Background: Context of the agreement and brief description of the software being licensed
3. Definitions: Key terms used throughout the agreement including Software, Documentation, Intellectual Property Rights, etc.
4. Grant of License: Scope and nature of the license, including usage rights and restrictions
5. License Fees: Payment terms, amounts, and schedule
6. Intellectual Property Rights: Ownership and protection of IP rights
7. Term and Termination: Duration of agreement and termination conditions
8. Warranties and Disclaimers: Standard warranties and limitations
1. Service Level Agreement: Performance metrics and support levels - include when offering maintenance and support services
2. Data Protection: Data handling and privacy requirements - include when personal data is processed
3. Source Code Escrow: Terms for source code protection and release - include when source code access might be required
4. Export Controls: Compliance with export regulations - include when software might be exported internationally
1. Schedule A - Software Description: Detailed description of licensed software and components
2. Schedule B - License Fees: Detailed breakdown of pricing and payment terms
3. Schedule C - Technical Requirements: Minimum system requirements and technical specifications
4. Schedule D - Support Services: Details of maintenance and support services if included
5. Schedule E - Acceptable Use Policy: Terms of acceptable use and restrictions
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