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Generic Software Licence Agreement
"I need a Generic Software Licence Agreement for my new AI analytics software that will be licensed to enterprise customers in the UK, with specific provisions for data protection and source code escrow arrangements."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the software
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of the licence granted
5. Licence Fees: Payment terms and conditions
6. Intellectual Property Rights: Ownership and protection of IP rights
7. Term and Termination: Duration and termination provisions
8. Warranties and Limitations: Warranties provided and their limitations
1. Source Code Escrow: Terms for source code protection - used when providing enterprise or business-critical software
2. Professional Services: Terms for additional services like implementation or training - used when offering supplementary services
3. Data Processing: Terms for handling personal data - used when software processes personal data
4. Export Controls: Compliance with export regulations - used for international licensing
1. Software Description: Detailed technical specifications of the software
2. Service Level Agreement: Performance metrics and service levels
3. Fee Schedule: Detailed breakdown of fees and payment terms
4. Acceptable Use Policy: Terms of acceptable software usage
5. Data Processing Agreement: Detailed terms for processing personal data
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