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Perpetual Software License

Perpetual Software License Template for India

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Key Requirements PROMPT example:

Perpetual Software License

"I need a Perpetual Software License agreement for licensing our enterprise accounting software to large corporations in India, with specific provisions for data protection compliance and source code escrow arrangements."

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Document background
The Perpetual Software License Agreement is designed for situations where organizations need to establish a permanent software licensing arrangement under Indian jurisdiction. This document is particularly relevant when a software provider wishes to grant indefinite usage rights to their software while maintaining ownership of the intellectual property. It addresses the requirements of the Indian Information Technology Act 2000, Copyright Act 1957, and other relevant legislation, making it suitable for both domestic and international licensing arrangements. The agreement typically includes comprehensive terms covering license scope, usage rights, technical requirements, support services, and compliance obligations, providing a robust framework for long-term software licensing relationships while ensuring legal enforceability under Indian law.
Suggested Sections

1. Parties: Identification of the licensor and licensee with full legal names, addresses, and company registration details

2. Background: Context of the agreement, brief description of the software, and purpose of the license

3. Definitions: Detailed definitions of technical and legal terms used throughout the agreement

4. Grant of License: Scope and nature of the perpetual license, including usage rights and restrictions

5. License Fees: One-time license fee details, payment terms, and any applicable taxes

6. Intellectual Property Rights: Assertion of ownership rights, protection of IP, and restrictions on modification

7. Licensee Obligations: Requirements and restrictions on licensee's use of the software

8. Technical Requirements: Minimum system requirements and technical specifications for software operation

9. Warranties: Software performance warranties and disclaimers

10. Support and Maintenance: Terms for ongoing technical support and maintenance services

11. Confidentiality: Protection of confidential information and trade secrets

12. Limitation of Liability: Caps on liability and exclusions of certain types of damages

13. Term and Termination: Duration of perpetual license and circumstances for termination

14. Governing Law and Jurisdiction: Application of Indian law and jurisdiction for dispute re红杏直播

15. General Provisions: Standard boilerplate clauses including notices, assignment, and severability

Optional Sections

1. Source Code Escrow: Terms for source code escrow arrangement, used when licensee requires access to source code under specific conditions

2. Data Protection: Specific data handling and privacy requirements, needed when software processes personal data

3. Export Control: Compliance with export control laws, required for international use of software

4. Third-Party Software: Terms relating to incorporated third-party software components, needed when software includes third-party elements

5. Professional Services: Terms for additional implementation or customization services, included when professional services are part of the deal

6. Service Level Agreement: Performance metrics and service levels, needed when specific performance guarantees are required

7. Disaster Recovery: Business continuity and disaster recovery requirements, important for business-critical software

8. Insurance: Insurance requirements for either party, included for high-value or high-risk implementations

Suggested Schedules

1. Schedule A - Software Description: Detailed description of the software, including all modules, features, and functionality

2. Schedule B - Technical Specifications: Detailed technical requirements, system specifications, and compatibility requirements

3. Schedule C - License Fees: Detailed breakdown of license fees and payment schedule

4. Schedule D - Support Services: Detailed description of support and maintenance services, including service levels

5. Schedule E - Authorized Users: Definition and limitations of authorized users and usage parameters

6. Appendix 1 - Installation Guide: Technical documentation for software installation and configuration

7. Appendix 2 - Acceptance Testing: Acceptance testing procedures and criteria

8. Appendix 3 - Security Requirements: Detailed security requirements and compliance standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ 红杏直播 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions















































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Relevant Industries

Information Technology

Banking and Financial Services

Healthcare

Education

Manufacturing

Retail

Government and Public Sector

Telecommunications

Professional Services

Energy and Utilities

Transportation and Logistics

Media and Entertainment

Relevant Teams

Legal

Information Technology

Procurement

Compliance

Finance

Risk Management

Vendor Management

Software Asset Management

Contract Administration

Information Security

Relevant Roles

Chief Technology Officer

IT Director

Legal Counsel

Procurement Manager

Software Licensing Manager

Compliance Officer

Contract Manager

Chief Information Officer

IT Asset Manager

Chief Legal Officer

Technology Procurement Specialist

Software Asset Manager

Vendor Management Officer

Chief Financial Officer

Risk Management Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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