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Perpetual Software License
"Need a Perpetual Software License Agreement for our enterprise-level accounting software that will be used across multiple office locations in the US and Canada, with specific provisions for data privacy compliance and source code escrow arrangements."
1. Parties: Identification of licensor and licensee, including legal entity details
2. Background: Context of the agreement and brief description of the software
3. Definitions: Key terms used throughout the agreement including Software, Documentation, Intellectual Property Rights
4. License Grant: Scope and nature of the perpetual license, permitted uses and restrictions
5. Intellectual Property Rights: Ownership declarations and IP protection provisions
6. Payment Terms: License fees and payment conditions
7. Warranties and Disclaimers: Standard warranties and limitations
8. Limitation of Liability: Caps on liability and exclusions
9. Term and Termination: Duration and termination conditions
1. Support and Maintenance: Terms for ongoing support and maintenance services, including response times and service levels
2. Export Control: Provisions ensuring compliance with US export control regulations and restrictions
3. Source Code Escrow: Terms governing the escrow of source code and conditions for release
4. Data Protection: Privacy and data handling provisions compliant with applicable US federal and state laws
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the licensed software
2. Schedule 2 - License Fees: Detailed breakdown of all applicable license fees and payment terms
3. Schedule 3 - Service Level Agreement: Performance metrics and service levels for support and maintenance
4. Schedule 4 - Acceptable Use Policy: Detailed terms of permitted and prohibited uses of the software
5. Schedule 5 - Technical Requirements: Hardware and software requirements for proper operation of the licensed software
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³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.