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Product License Agreement
"I need a Product License Agreement for licensing our enterprise software solution to Indonesian businesses, including maintenance and support services, with the agreement to take effect from March 1, 2025, and provisions for source code escrow."
1. Parties: Identification of the licensor and licensee with complete legal details
2. Background: Context of the agreement, including brief description of the product and purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Specific rights being granted, including scope, territory, and any restrictions
5. License Fees and Payment Terms: Details of licensing fees, payment schedule, and payment methods
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights
7. Term and Termination: Duration of the agreement and circumstances for termination
8. Obligations of the Licensor: Licensor's responsibilities including product delivery and support
9. Obligations of the Licensee: Licensee's responsibilities including usage restrictions and reporting
10. Warranties and Representations: Standard warranties regarding product ownership and functionality
11. Limitation of Liability: Limitations on parties' liability and exclusions
12. Confidentiality: Protection of confidential information exchanged under the agreement
13. Governing Law and Dispute Resolution: Specification of Indonesian law as governing law and dispute resolution mechanisms
14. General Provisions: Standard boilerplate clauses including notices, assignment, and amendment procedures
1. Software Terms: Additional terms specific to software licensing, including usage restrictions and technical requirements
2. Maintenance and Support: Terms for ongoing maintenance and technical support if offered
3. Quality Control: Requirements for maintaining product quality and standards, particularly relevant for manufacturing licenses
4. Export Controls: Compliance requirements for international distribution or usage
5. Source Code Escrow: Terms for source code protection and access in software licensing
6. Training and Implementation: Terms regarding product training and implementation support
7. Data Protection: Specific provisions for handling personal or sensitive data if relevant
8. Sublicensing Rights: Terms governing the licensee's right to sublicense if permitted
9. Territory Restrictions: Specific geographical limitations or requirements for product distribution
1. Schedule 1 - Licensed Products: Detailed description of products covered by the license, including specifications and versions
2. Schedule 2 - License Fees: Detailed breakdown of all applicable fees, royalties, and payment terms
3. Schedule 3 - Technical Requirements: Technical specifications and requirements for product implementation
4. Schedule 4 - Service Level Agreement: Detailed service levels and support terms if applicable
5. Schedule 5 - Approved Sub-licensees: List of approved sub-licensees if sublicensing is permitted
6. Appendix A - Product Documentation: User manuals, technical documentation, and other product materials
7. Appendix B - Quality Standards: Detailed quality control requirements and standards
8. Appendix C - Trademark Usage Guidelines: Guidelines for proper use of licensed trademarks and branding
Authors
Technology
Software
Manufacturing
Consumer Goods
Pharmaceuticals
Electronics
Automotive
Industrial Equipment
Media and Entertainment
Telecommunications
Legal
Intellectual Property
Business Development
Commercial
Compliance
Operations
Product Development
Finance
Technology
Risk Management
Legal Counsel
Licensing Manager
Business Development Director
Intellectual Property Manager
Commercial Director
Compliance Officer
Contract Manager
Product Manager
Chief Technology Officer
Operations Director
General Counsel
Managing Director
Chief Executive Officer
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