This Commercial License Software agreement template is designed for use in software licensing transactions under Danish law, where a software provider grants usage rights to a business customer. The document is particularly relevant when establishing a formal licensing relationship for commercial software products, whether deployed on-premises or accessed through cloud services. It addresses key aspects such as license scope, intellectual property rights, maintenance and support obligations, data protection requirements, and compliance with Danish and EU regulations. The agreement is structured to protect both the licensor's intellectual property rights and the licensee's business interests while ensuring clear terms for software usage, support, and liability allocation.
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Key Requirements PROMPT example:
Commercial License Software
I need a Commercial License Software agreement for my company as the licensor, granting a non-exclusive license to enterprise customers for our cloud-based analytics software, with quarterly payment terms and standard maintenance provisions.
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and purpose of the software license
3. Definitions: Defined terms used throughout the agreement
4. License Grant: Scope and nature of the software license, including usage rights and restrictions
5. License Fees and Payment: Financial terms, payment schedule, and billing procedures
6. Delivery and Implementation: Terms for software delivery, installation, and acceptance
7. Intellectual Property Rights: Ownership of IP and protection of rights
8. Warranties and Representations: Guarantees regarding software functionality and performance
9. Support and Maintenance: Terms for ongoing technical support and software updates
10. Data Protection and Security: Compliance with data protection laws and security requirements
11. Confidentiality: Protection of confidential information and trade secrets
12. Term and Termination: Duration of agreement and termination conditions
13. Liability and Indemnification: Limitation of liability and indemnification obligations
14. General Provisions: Standard legal clauses including governing law, notices, and assignment
1. Third-Party Software: Include when the software incorporates third-party components or dependencies
2. Service Level Agreement: Include when specific performance metrics and service levels are guaranteed
3. Audit Rights: Include for licenses where usage monitoring is critical
4. Professional Services: Include when additional implementation or consulting services are provided
5. Export Control: Include when software is subject to international export restrictions
6. Source Code Escrow: Include when source code escrow arrangements are required
7. Disaster Recovery: Include for business-critical software applications
8. Training: Include when user training is part of the agreement
1. Schedule A - Software Description: Detailed description of the licensed software and its components
2. Schedule B - Technical Requirements: Hardware and software requirements for running the software
3. Schedule C - Service Level Agreement: Detailed performance metrics and service levels
4. Schedule D - Support and Maintenance Services: Detailed description of support services and response times
5. Schedule E - Fee Schedule: Detailed breakdown of license fees and payment terms
6. Schedule F - Data Processing Agreement: GDPR-compliant data processing terms
7. Schedule G - Implementation Plan: Timeline and milestones for software implementation
8. Appendix 1 - Authorized Users: List of authorized users or user categories
9. Appendix 2 - Approved Locations: Locations where software may be installed and used
Authors
Relevant legal definitions
Clauses
Relevant Industries
Information Technology
Software Development
Financial Services
Healthcare
Manufacturing
Retail
Professional Services
Education
Telecommunications
Government and Public Sector
E-commerce
Media and Entertainment
Relevant Teams
Legal
Information Technology
Procurement
Compliance
Information Security
Finance
Operations
Risk Management
Vendor Management
Software Development
Contract Management
Relevant Roles
Legal Counsel
IT Director
Chief Technology Officer
Procurement Manager
Software Licensing Manager
Contract Administrator
Chief Information Officer
Information Security Officer
Commercial Director
Chief Legal Officer
Data Protection Officer
IT Project Manager
Software Asset Manager
Vendor Management Specialist
Business Development Manager
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