The Third Party Software License Agreement is essential for organizations in Pakistan seeking to legally acquire and use software developed by external vendors. This document is typically used when a company needs to license software for internal use, customer deployment, or integration into their systems. The agreement ensures compliance with Pakistani legislation, including the Copyright Ordinance 1962, Electronic Transactions Ordinance 2002, and Prevention of Electronic Crimes Act 2016. It details critical aspects such as scope of license, usage restrictions, maintenance terms, and liability limitations. The document is particularly important in the Pakistani context where software licensing must align with local IP protection laws and digital transaction regulations while providing clear mechanisms for dispute resolution under Pakistani jurisdiction.
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1. Parties: Identification of the licensor and licensee with full legal names and addresses
2. Background: Context of the agreement, including brief description of the software and purpose of the license
3. Definitions: Definitions of key terms used throughout the agreement, including technical terms
4. Grant of License: Scope and nature of the license granted, including usage rights and restrictions
5. License Fees and Payment Terms: Details of license fees, payment schedule, and payment methods
6. Intellectual Property Rights: Assertion and protection of IP rights, ownership of the software
7. Confidentiality: Protection of confidential information and trade secrets
8. Warranties and Representations: Warranties regarding software functionality and performance guarantees
9. Limitation of Liability: Limitations on liability and disclaimers
10. Term and Termination: Duration of agreement and circumstances for termination
11. Post-Termination Obligations: Obligations of parties after agreement termination
12. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction
13. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Maintenance and Support: Terms for ongoing software maintenance and technical support, if offered
2. Professional Services: Terms for additional services like implementation or training
3. Source Code Escrow: Provisions for source code escrow arrangements if applicable
4. Data Protection and Privacy: Specific provisions for handling personal data if the software processes user data
5. Export Control: Compliance with export control laws if software is subject to international distribution
6. Service Level Agreement: Performance metrics and service levels if software is provided as a service
7. Audit Rights: Rights to audit licensee's use of software, if required
1. Schedule 1 - Software Description: Detailed description of the licensed software, including versions and components
2. Schedule 2 - Technical Requirements: Hardware and software requirements for operating the licensed software
3. Schedule 3 - License Fees: Detailed breakdown of license fees and payment schedule
4. Schedule 4 - Support Services: Details of support services, response times, and escalation procedures
5. Appendix A - Acceptable Use Policy: Guidelines for acceptable use of the software
6. Appendix B - Security Requirements: Security standards and requirements for software usage
Relevant legal definitions
Clauses
Relevant Industries
Information Technology
Software Development
Banking and Financial Services
Healthcare
Education
Telecommunications
Manufacturing
Retail
Professional Services
Government and Public Sector
E-commerce
Media and Entertainment
Relevant Teams
Legal
Information Technology
Procurement
Compliance
Risk Management
Vendor Management
Information Security
Operations
Software Development
Contract Administration
Relevant Roles
Chief Technology Officer
IT Director
Legal Counsel
Procurement Manager
Compliance Officer
Software Development Manager
IT Security Manager
Contract Manager
Chief Information Officer
Technology Risk Manager
Vendor Management Specialist
Legal Operations Manager
Chief Legal Officer
IT Operations Manager
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