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Commercial Software License
1. Parties: Identification of the licensor and licensee, including their full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, brief description of the software, and the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement, including Software, Documentation, Intellectual Property Rights, etc.
4. License Grant: Scope of the license, including type (e.g., perpetual/term-based), territory, and whether exclusive/non-exclusive
5. License Restrictions: Specific prohibitions and limitations on the use of the software
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights in the software
7. Fees and Payment: License fees, payment terms, invoicing, and late payment consequences
8. Term and Termination: Duration of the agreement, renewal terms, and termination rights
9. Warranties and Representations: Software performance warranties and standard business warranties
10. Support and Maintenance: Basic support obligations and maintenance services
11. Confidentiality: Protection of confidential information exchanged between parties
12. Liability and Indemnification: Limitations of liability and indemnification obligations
13. Force Majeure: Events excusing performance under Danish law
14. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Data Processing Terms: Required when the software processes personal data, ensuring GDPR compliance
2. Implementation Services: Include when the software requires installation or implementation services
3. Service Levels: Include when specific performance metrics and remedies need to be guaranteed
4. Security Requirements: Include for software handling sensitive data or requiring specific security standards
5. Third-Party Software: Include when the software incorporates third-party components
6. Export Control: Include when the software is subject to export regulations
7. Source Code Escrow: Include when source code escrow arrangements are required
8. Training and Documentation: Include when specific training or documentation requirements exist
1. Software Description: Detailed technical specifications and functionality of the licensed software
2. Pricing Schedule: Detailed breakdown of license fees, maintenance fees, and other charges
3. Service Level Agreement: Detailed performance metrics, support hours, and response times
4. Technical Requirements: Hardware and software requirements for running the licensed software
5. Support and Maintenance Services: Detailed description of support and maintenance services
6. Authorized Users: Definition and number of authorized users or usage metrics
7. Data Processing Agreement: Detailed GDPR-compliant data processing terms if applicable
8. Implementation Plan: Timeline and milestones for software implementation if applicable
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