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Lifetime Software License

Lifetime Software License Template for Netherlands

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Key Requirements PROMPT example:

Lifetime Software License

"I need a Lifetime Software License agreement for our proprietary accounting software, to be licensed to a Dutch manufacturing company, with special emphasis on source code escrow provisions and ongoing maintenance support obligations starting March 2025."

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This Lifetime Software License agreement is designed for situations where a permanent software license is required under Dutch law. It is particularly suitable when a business needs to secure long-term rights to use critical software applications without recurring license fees. The agreement encompasses essential elements such as perpetual usage rights, technical specifications, maintenance provisions, and compliance with Dutch and EU regulations. It's specifically structured to protect both the licensor's intellectual property rights and the licensee's investment in the software. The document addresses key considerations for permanent software licensing, including warranty terms, liability limitations, and conditions for support and updates.
Suggested Sections

1. Parties: Identification of the Licensor and Licensee with full legal details

2. Background: Context of the agreement and brief description of the software

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Grant of License: Specific terms of the perpetual license grant and scope of permitted use

5. License Restrictions: Clear limitations on how the software may be used

6. Intellectual Property Rights: Confirmation of ownership and IP rights retention

7. Payment Terms: One-time payment details and any applicable taxes

8. Delivery and Installation: Terms regarding software delivery, installation, and acceptance

9. Technical Requirements: Minimum system requirements and technical specifications

10. Warranties and Representations: Warranties regarding software functionality and performance

11. Limitation of Liability: Limitations on liability and exclusions of damages

12. Confidentiality: Protection of confidential information and trade secrets

13. Term and Termination: Perpetual nature of license and conditions for termination in case of breach

14. Effects of Termination: Consequences of agreement termination

15. Governing Law and Jurisdiction: Application of Dutch law and jurisdiction for disputes

Optional Sections

1. Source Code Escrow: Optional provisions for source code escrow arrangements, recommended for business-critical software

2. Data Protection: Required if the software processes personal data, ensuring GDPR compliance

3. Maintenance and Support: Optional terms for ongoing maintenance and support services

4. Training: Optional provisions for user training and documentation

5. Assignment and Transfer Rights: Optional terms allowing transfer of the license to third parties

6. Export Control: Required if the software is subject to export regulations

7. Third-Party Software: Required if the software incorporates third-party components

8. Insurance: Optional requirements for insurance coverage

9. Audit Rights: Optional provisions allowing the licensor to audit compliance

Suggested Schedules

1. Schedule 1 - Software Description: Detailed description of the licensed software and its functionality

2. Schedule 2 - Technical Specifications: Detailed technical specifications and system requirements

3. Schedule 3 - License Fee: Breakdown of the one-time license fee and payment terms

4. Schedule 4 - Acceptance Testing: Acceptance testing procedures and criteria

5. Appendix A - Permitted Users: List of authorized users or user categories if applicable

6. Appendix B - Support and Maintenance Terms: Detailed terms for any included support and maintenance services

7. Appendix C - Third-Party Licenses: Details of third-party software licenses if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
































Clauses

































Relevant Industries

Information Technology

Software Development

Manufacturing

Healthcare

Financial Services

Professional Services

Telecommunications

Education

Government

Retail

Industrial Automation

Research and Development

Engineering

Aerospace

Energy

Relevant Teams

Legal

Information Technology

Procurement

Finance

Compliance

Information Security

Operations

Risk Management

Software Development

Technical Architecture

Digital Transformation

Contract Management

Relevant Roles

Chief Technology Officer

IT Director

Legal Counsel

Procurement Manager

Software Development Manager

Chief Information Officer

Contract Manager

Information Security Officer

Technical Architect

Operations Manager

Chief Financial Officer

Risk Manager

Compliance Officer

Digital Transformation Manager

IT Infrastructure Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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