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Software Transfer Agreement Template for Austria

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Key Requirements PROMPT example:

Software Transfer Agreement

"I need a Software Transfer Agreement under Austrian law for transferring a proprietary accounting software system from our development company to a major bank, including source code and ongoing maintenance obligations for 12 months starting March 2025."

Document background
The Software Transfer Agreement is a crucial legal instrument used when permanently transferring ownership of software assets from one entity to another under Austrian jurisdiction. This document is particularly relevant in scenarios such as company acquisitions, asset sales, or when transitioning proprietary software to a new owner. The agreement, governed by Austrian law and compliant with EU regulations, covers comprehensive aspects including intellectual property rights transfer, warranties, technical specifications, and ongoing obligations. It's essential for protecting both transferor and transferee interests while ensuring compliance with Austrian software licensing laws, data protection requirements, and commercial regulations. The document typically includes detailed provisions for source code transfer, documentation, third-party components, and may also address maintenance and support arrangements.
Suggested Sections

1. Parties: Identification of the transferor and transferee with full legal details

2. Background: Context of the agreement, including the software's development and ownership history

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

4. Object of Transfer: Detailed description of the software being transferred, including all components and versions

5. Scope of Transfer: Extent of rights being transferred, including any restrictions or reservations

6. Transfer Price and Payment Terms: Financial terms including price, payment schedule, and any adjustments

7. Delivery and Implementation: Terms regarding software delivery, installation, and acceptance testing

8. Intellectual Property Rights: Transfer of IP rights, including source code and documentation

9. Warranties and Representations: Warranties regarding ownership, functionality, and compliance with laws

10. Liability and Indemnification: Allocation of risks and responsibilities between parties

11. Confidentiality: Protection of confidential information and trade secrets

12. Term and Termination: Duration of agreement and conditions for termination

13. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Third-Party Components: Required if the software includes third-party elements, detailing licenses and restrictions

2. Training and Documentation: Include if training services or extensive documentation transfer is part of the agreement

3. Maintenance and Support: Optional section for ongoing maintenance obligations post-transfer

4. Data Protection: Required if the software processes personal data or if data transfer is involved

5. Export Control: Include if the software is subject to export control regulations

6. Source Code Escrow: Optional provisions for source code escrow arrangements

7. Transition Services: Include if the transferor will provide transition assistance

8. Non-Competition: Optional restrictions on transferor's future activities

9. Employee Transfer: Required if software development team transfer is part of the agreement

Suggested Schedules

1. Schedule 1 - Software Description: Detailed technical specifications of the software

2. Schedule 2 - Intellectual Property Register: List of all IP rights being transferred, including registrations

3. Schedule 3 - Third-Party Licenses: Details of third-party software components and associated licenses

4. Schedule 4 - Technical Documentation: List of all technical documentation being transferred

5. Schedule 5 - Acceptance Testing Procedures: Detailed testing protocols and acceptance criteria

6. Schedule 6 - Transfer Price Calculation: Detailed breakdown of the transfer price components

7. Appendix A - Service Level Agreement: Performance metrics and service levels if maintenance is included

8. Appendix B - Training Plan: Details of any training to be provided if included in the scope

Authors

Alex Denne

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

Relevant legal definitions














































Clauses






































Relevant Industries

Information Technology

Software Development

Financial Services

Healthcare

Manufacturing

Telecommunications

E-commerce

Professional Services

Gaming and Entertainment

Education

Banking

Insurance

Retail

Automotive

Public Sector

Relevant Teams

Legal

Information Technology

Software Development

Procurement

Compliance

Intellectual Property

Finance

Risk Management

Technical Operations

Product Management

Relevant Roles

Chief Technology Officer

Legal Counsel

Software Development Manager

Intellectual Property Lawyer

IT Director

Procurement Manager

Software Engineer

Compliance Officer

Contract Manager

Chief Information Officer

Technology Transfer Officer

Business Development Manager

Chief Legal Officer

Software Asset Manager

IT Procurement Specialist

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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