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White Label Software License
"I need a White Label Software License Agreement for a fintech payment processing software that we'll be licensing to Indian banks, with planned deployment by March 2025 and including RBI compliance requirements."
1. Parties: Identification of licensor and licensee with full legal details
2. Background: Context of the agreement, brief description of the software and white labeling arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Scope of license, white labeling rights, and usage permissions
5. White Labeling Rights and Restrictions: Specific terms regarding rebranding, modification of branding elements, and related restrictions
6. Intellectual Property Rights: Ownership of IP, protection of rights, and infringement procedures
7. Payment Terms: License fees, payment schedule, and financial terms
8. Confidentiality: Protection of confidential information and trade secrets
9. Warranties and Representations: Standard warranties regarding software functionality, IP ownership, and compliance
10. Limitation of Liability: Caps on liability and exclusions of certain types of damages
11. Term and Termination: Duration of agreement, renewal terms, and termination rights
12. Post-Termination Obligations: Obligations of parties after agreement ends
13. Governing Law and Jurisdiction: Application of Indian law and jurisdiction for disputes
1. Maintenance and Support: Terms for ongoing maintenance and technical support services
2. Service Levels: Performance standards and metrics for software availability
3. Source Code Escrow: Terms for source code protection and release conditions
4. Professional Services: Terms for implementation, training, or customization services
5. Data Protection and Privacy: Compliance with Indian data protection laws and privacy requirements
6. Disaster Recovery: Business continuity and disaster recovery procedures
7. End User Terms: Terms that must be included in end user agreements
8. Export Control: Compliance with export control regulations if applicable
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the software
2. Schedule 2 - License Fees: Detailed pricing structure and payment terms
3. Schedule 3 - Service Level Agreement: Detailed service levels, metrics, and remedies
4. Schedule 4 - Support Services: Description of support services, response times, and escalation procedures
5. Schedule 5 - Branding Guidelines: Specifications for white labeling and rebranding requirements
6. Schedule 6 - Security Requirements: Security standards and compliance requirements
7. Appendix A - Authorized Users: List of authorized users or user categories
8. Appendix B - Approved Subcontractors: List of approved subcontractors if applicable
Authors
Information Technology
Financial Services
Healthcare
E-commerce
Education
Telecommunications
Professional Services
Banking
Insurance
Retail
Manufacturing
Media and Entertainment
Legal
Information Technology
Procurement
Commercial
Product Management
Compliance
Business Development
Software Development
Brand Management
Partner Relations
Technical Operations
Chief Technology Officer
Legal Counsel
Software Licensing Manager
Commercial Director
Head of Product
Chief Information Officer
Procurement Manager
IT Director
Business Development Manager
Compliance Officer
Contract Manager
Software Development Manager
Brand Manager
Partnership Manager
Technical Account Manager
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