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Perpetual License Maintenance
"I need a Perpetual License Maintenance agreement for our enterprise resource planning software that we're licensing to a Malaysian manufacturing company, with maintenance services to commence from March 1, 2025, including 24/7 technical support and quarterly updates."
1. Parties: Identification of the licensor and licensee with full legal names and addresses
2. Background: Context of the agreement, including brief description of the software and purpose of the license
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Scope of the perpetual license, including permitted uses and restrictions
5. Maintenance Services: Description of maintenance services, including updates, patches, and technical support
6. Service Levels: Performance standards, response times, and service availability commitments
7. Fees and Payment: License fees, maintenance fees, payment terms, and any additional charges
8. Intellectual Property Rights: Protection of IP rights, ownership of modifications, and restrictions
9. Confidentiality: Protection of confidential information and trade secrets
10. Data Protection: Compliance with PDPA 2010 and data handling requirements
11. Warranties and Disclaimers: Warranties provided and limitations of liability
12. Term and Termination: Duration of maintenance services, termination rights and consequences
13. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment
1. Source Code Escrow: Optional provisions for source code escrow arrangements, recommended for business-critical applications
2. Disaster Recovery: Additional provisions for disaster recovery and business continuity, important for critical systems
3. Training Services: Optional provisions for user training and knowledge transfer
4. Professional Services: Additional provisions for custom development or consulting services
5. Third-Party Software: Provisions dealing with third-party software components, if applicable
6. Export Controls: Compliance with export control laws, necessary if software contains restricted technologies
7. Insurance: Requirements for insurance coverage, often included in high-value agreements
1. Schedule 1 - Software Description: Detailed description of the licensed software, including versions and components
2. Schedule 2 - Maintenance Services: Detailed scope of maintenance services, including support levels and procedures
3. Schedule 3 - Service Level Agreement: Detailed service levels, metrics, and remedies for non-performance
4. Schedule 4 - Fee Schedule: Detailed breakdown of license fees, maintenance fees, and payment schedules
5. Schedule 5 - Technical Requirements: Minimum system requirements and technical specifications
6. Schedule 6 - Support Procedures: Detailed procedures for requesting and receiving support services
7. Appendix A - Acceptable Use Policy: Guidelines for acceptable use of the software and services
Authors
Information Technology
Banking and Financial Services
Manufacturing
Healthcare
Retail
Telecommunications
Education
Government and Public Sector
Professional Services
Energy and Utilities
Logistics and Transportation
Legal
Information Technology
Procurement
Finance
Information Security
Technical Support
Operations
Vendor Management
Risk Management
Compliance
Chief Information Officer
IT Director
Legal Counsel
Procurement Manager
Software Asset Manager
IT Operations Manager
Chief Technology Officer
Contract Manager
Information Security Officer
Technical Support Manager
Systems Administrator
Finance Director
Commercial Director
Vendor Management Officer
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