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Restrictive Software License
"I need a Restrictive Software License agreement for our enterprise AI analytics platform that will be licensed to EU-based financial institutions starting March 2025, with particular emphasis on data protection and usage limitations for financial data processing."
1. Parties: Identification of the licensor and licensee, including full legal names, registration details, and addresses
2. Background: Context of the agreement, description of the software, and purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Software', 'Documentation', 'Intellectual Property Rights', 'Licensed Users', etc.
4. Grant of License: Specific terms of the license grant, including scope, restrictions, and territory
5. License Restrictions: Explicit restrictions on use, modification, reverse engineering, sublicensing, and transfer
6. Intellectual Property Rights: Assertion of ownership and protection of IP rights in the software
7. Payment Terms: License fees, payment schedule, and related financial terms
8. Confidentiality: Protection of confidential information and trade secrets
9. Term and Termination: Duration of the license and conditions for termination
10. Post-Termination Obligations: Actions required upon termination, including software deletion and return of materials
11. Warranties and Disclaimers: Limited warranties provided and disclaimers of other warranties
12. Limitation of Liability: Caps on liability and exclusions of certain types of damages
13. Governing Law and Jurisdiction: Specification of Dutch law and jurisdiction for dispute re红杏直播
14. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Source Code Escrow: Required when source code is to be held in escrow for business continuity purposes
2. Professional Services: Include when implementation, training, or maintenance services are part of the agreement
3. Service Level Agreement: Necessary when the software includes hosted or maintenance services
4. Data Protection: Required when the software processes personal data subject to GDPR
5. Export Control: Include when the software may be subject to international export regulations
6. Third-Party Software: Needed when the licensed software incorporates third-party components
7. Audit Rights: Include when licensor requires rights to audit licensee's compliance
8. Insurance Requirements: Add when specific insurance coverage is required from either party
1. Schedule 1 - Software Description: Detailed technical specifications and description of the licensed software
2. Schedule 2 - License Fees: Detailed breakdown of license fees and payment terms
3. Schedule 3 - Technical Requirements: Minimum system requirements and technical specifications
4. Schedule 4 - Support and Maintenance Terms: If applicable, detailed terms for support and maintenance services
5. Schedule 5 - Authorized Users: Definition and limitations of authorized users and usage parameters
6. Appendix A - Acceptable Use Policy: Detailed rules and restrictions for software usage
7. Appendix B - Security Requirements: Security standards and requirements for software usage
Authors
Information Technology
Software Development
Financial Services
Healthcare
Manufacturing
Professional Services
Telecommunications
Education
Research & Development
E-commerce
Gaming & Entertainment
Legal
Information Technology
Software Development
Procurement
Compliance
Information Security
Product Management
Vendor Management
Business Development
Risk Management
Chief Technology Officer
Legal Counsel
Software Licensing Manager
Intellectual Property Manager
Contract Manager
Software Development Manager
Chief Information Officer
Privacy Officer
Compliance Manager
IT Procurement Manager
Software Asset Manager
General Counsel
Business Development Manager
Technical Account Manager
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