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Software Term License

Software Term License Template for Australia

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Key Requirements PROMPT example:

Software Term License

"I need a Software Term License agreement for licensing our accounting software to medium-sized businesses in Australia, with a one-year initial term starting January 2025 and including standard support and maintenance provisions."

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Document background
The Software Term License agreement is designed for use in the Australian market when a software provider wishes to grant a temporary, non-perpetual license to a customer for software usage. This contract type is essential for modern software licensing arrangements where software is licensed for a specific term rather than sold outright. The document incorporates requirements from Australian legislation, including consumer protection, privacy, and intellectual property laws. It includes comprehensive terms covering license scope, usage restrictions, maintenance and support, fees, and termination provisions. This agreement is particularly relevant in today's subscription-based software economy and provides necessary protections for both the licensor and licensee while ensuring compliance with Australian legal requirements.
Suggested Sections

1. Parties: Identification of the licensor and licensee, including full legal names and addresses

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

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

4. License Grant: Scope of the license, including usage rights, restrictions, and term duration

5. License Fees: Payment terms, fee structure, and payment schedule

6. Term and Termination: Duration of the license, renewal terms, and termination conditions

7. Intellectual Property Rights: Ownership of IP, protection of rights, and restrictions on use

8. Warranties and Disclaimers: Software warranties, performance guarantees, and limitation of warranties

9. Support and Maintenance: Level of support provided, maintenance services, and response times

10. Confidentiality: Protection of confidential information and trade secrets

11. Limitation of Liability: Caps on liability and exclusions of certain types of damages

12. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment

Optional Sections

1. Professional Services: Include when implementation, configuration, or training services are provided

2. Data Processing Terms: Include when the software processes personal data or requires privacy compliance

3. Service Level Agreement: Include when specific performance metrics and remedies are required

4. Audit Rights: Include for licenses with usage restrictions or compliance requirements

5. Source Code Escrow: Include when source code access may be required under specific conditions

6. Export Control: Include when software is subject to export regulations

7. Disaster Recovery: Include when business continuity requirements are critical

8. Third-Party Software: Include when the software incorporates third-party components

Suggested Schedules

1. Schedule 1 - Software Description: Detailed description of the software, including modules and functionality

2. Schedule 2 - License Fees: Detailed fee structure, payment terms, and pricing models

3. Schedule 3 - Support Services: Detailed support levels, response times, and escalation procedures

4. Schedule 4 - Service Level Agreement: Performance metrics, availability requirements, and service credits

5. Schedule 5 - Security Requirements: Security standards, protocols, and compliance requirements

6. Appendix A - Authorized Users: Definition and limitations of authorized users and access rights

7. Appendix B - Technical Requirements: Hardware, software, and network requirements for operation

8. Appendix C - Implementation Plan: Timeline and milestones for software implementation if applicable

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

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



































Clauses































Relevant Industries

Technology

Financial Services

Healthcare

Retail

Manufacturing

Professional Services

Education

Government

Telecommunications

Media and Entertainment

Insurance

Transportation and Logistics

Relevant Teams

Legal

Information Technology

Procurement

Compliance

Information Security

Vendor Management

Software Development

Commercial

Risk Management

Operations

Relevant Roles

Chief Technology Officer

IT Director

Procurement Manager

Legal Counsel

Software Licensing Manager

Contracts Manager

Chief Information Officer

Chief Legal Officer

Information Security Manager

Vendor Management Officer

Technology Procurement Specialist

Software Asset Manager

IT Operations Manager

Commercial Director

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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