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Short Term License Agreement

Short Term License Agreement Template for New Zealand

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Key Requirements PROMPT example:

Short Term License Agreement

"I need a Short Term License Agreement for licensing our proprietary software to a New Zealand educational institution, with the license running from March 1, 2025, to December 31, 2025, including provisions for technical support and user limitations."

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Document background
The Short Term License Agreement is essential for businesses and individuals in New Zealand seeking to grant or obtain temporary rights to use specific assets, intellectual property, or facilities. This document is particularly valuable when parties need a formal but time-limited arrangement, typically lasting less than one year. It complies with New Zealand's legal framework, including the Contract and Commercial Law Act 2017 and related legislation. The agreement is commonly used for software licenses, equipment rental, facility usage, or temporary intellectual property rights. It includes crucial provisions for license scope, duration, payment terms, use restrictions, and termination rights, while remaining adaptable to various commercial contexts. The document's structure ensures both parties clearly understand their rights and obligations during the license period.
Suggested Sections

1. Parties: Identifies and defines the parties to the agreement - the Licensor and Licensee, including their full legal names and addresses

2. Background: Provides context for the license agreement and outlines the purpose and intent of the arrangement

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

4. Grant of License: Specifies the exact nature and scope of the license being granted

5. Term and Termination: Defines the duration of the license and circumstances for termination

6. License Fee: Specifies the fee structure, payment terms, and any GST considerations

7. Use Restrictions: Outlines limitations and restrictions on the use of the licensed item/property

8. Maintenance and Support: Basic provisions regarding upkeep and support if applicable

9. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement

Optional Sections

1. Intellectual Property Rights: Required when the license involves specific IP rights that need protection or clarification

2. Confidentiality: Include when sensitive information will be shared between parties

3. Insurance and Liability: Add when specific insurance requirements or liability limitations are needed

4. Assignment and Sublicensing: Include when transfer rights need to be specifically addressed

5. Data Protection: Required when personal data processing is involved

6. Dispute Resolution: Include when specific dispute resolution procedures are desired beyond standard court proceedings

7. Force Majeure: Add when protection against unforeseen circumstances is particularly important

Suggested Schedules

1. Schedule 1 - Licensed Property: Detailed description of the property, item, or rights being licensed

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, payment terms, and calculation methods if complex

3. Schedule 3 - Technical Specifications: Technical details or specifications of licensed items if applicable

4. Schedule 4 - Service Levels: Details of any service levels or performance standards if applicable

5. Appendix A - Special Conditions: Any special or unique conditions specific to this license arrangement

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


























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Relevant Industries

Technology

Real Estate

Entertainment

Media

Manufacturing

Education

Healthcare

Retail

Professional Services

Software

Agriculture

Construction

Hospitality

Relevant Teams

Legal

Commercial

Operations

Business Development

Procurement

Risk and Compliance

Property Management

Intellectual Property

Contract Administration

Corporate Affairs

Finance

Relevant Roles

Legal Counsel

Commercial Manager

Business Development Manager

Operations Manager

Contract Administrator

Licensing Manager

Property Manager

Intellectual Property Manager

Risk Manager

Compliance Officer

General Manager

Chief Executive Officer

Chief Legal Officer

Chief Operating Officer

Procurement 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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