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Lifetime Software License
I need a Lifetime Software License agreement under UAE law for enterprise accounting software that will be deployed across our banking operations in Dubai, with implementation scheduled for March 2025 and including source code escrow provisions.
1. Parties: Identification of licensor and licensee with full legal details as required under UAE law
2. Background: Context of the agreement, software overview, and relationship between parties
3. Definitions: Detailed definitions including Software, Documentation, Intellectual Property Rights, and other key terms
4. Grant of License: Perpetual license terms, scope, and territory restrictions
5. License Restrictions: Specific prohibitions and limitations on software use
6. Intellectual Property Rights: Ownership declarations and IP protection measures as per UAE Copyright Law
7. Delivery and Installation: Terms for software delivery, installation requirements, and acceptance criteria
8. Fees: One-time license fee and any applicable taxes
9. Warranties and Representations: Software performance warranties and legal compliance guarantees
10. Support and Maintenance: Long-term support obligations and service levels
11. Confidentiality: Protection of trade secrets and confidential information
12. Data Protection: Compliance with UAE data protection laws and data handling requirements
13. Limitation of Liability: Liability caps and exclusions permitted under UAE law
14. Term and Termination: Perpetual nature of license and conditions for termination
15. Governing Law and Jurisdiction: UAE law application and dispute resolution procedures
1. Source Code Escrow: Optional provisions for source code protection, recommended for business-critical applications
2. Export Controls: Required if software is subject to international export restrictions
3. Third-Party Software: Include if the software incorporates third-party components
4. Training Services: Optional provisions for user training and knowledge transfer
5. Custom Development: Include if any customization services are part of the agreement
6. Disaster Recovery: Optional provisions for backup and recovery procedures
7. Insurance Requirements: Include for high-value or mission-critical software licenses
1. Software Description: Detailed technical specifications and functionality of the software
2. License Fees: Breakdown of one-time license fees and payment terms
3. Technical Requirements: Hardware and system requirements for software operation
4. Support Services: Detailed support and maintenance terms and service levels
5. Accepted Use Policy: Specific terms and conditions for software usage
6. Data Processing Terms: Detailed data handling and protection requirements
7. Installation Procedure: Step-by-step installation and acceptance testing procedures
Authors
Information Technology
Banking and Financial Services
Healthcare
Government and Public Sector
Manufacturing
Retail
Education
Telecommunications
Professional Services
Energy and Utilities
Legal
Information Technology
Procurement
Compliance
Information Security
Risk Management
Operations
Finance
Software Development
Technical Support
Chief Technology Officer
IT Director
Legal Counsel
Procurement Manager
Software Asset Manager
Information Security Officer
Enterprise Architect
Operations Manager
Compliance Officer
Contract Manager
Chief Information Officer
Technology Procurement Specialist
IT Security Manager
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