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Shared Software License

Shared Software License Template for United States

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Key Requirements PROMPT example:

Shared Software License

"Need a Shared Software License agreement for our AI analytics platform that will be used by our main office and three subsidiary companies, with specific provisions for data protection and user access controls to be implemented by March 2025."

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Document background
The Shared Software License agreement is utilized when organizations need to establish legal parameters for multiple users to access and utilize licensed software. This contract type is essential for businesses implementing shared software solutions across departments or organizations. It addresses key aspects including usage rights, restrictions, liability, and compliance with U.S. federal and state regulations. The document is particularly relevant in situations requiring clear delineation of sharing permissions while protecting the software provider's intellectual property rights.
Suggested Sections

1. Parties: Identification of all parties entering into the license agreement

2. Background: Context of the agreement and basic information about the software

3. Definitions: Key terms used throughout the agreement

4. License Grant: Scope and nature of the license being granted

5. Use Restrictions: Limitations on how the software can be used and shared

6. Intellectual Property Rights: Declaration of ownership and IP rights

7. Term and Termination: Duration of license and conditions for termination

Optional Sections

1. Support and Maintenance: Terms for ongoing technical support services and maintenance obligations

2. Service Level Agreement: Performance metrics and service standards for software availability and performance

3. Export Controls: Compliance requirements with U.S. export regulations and international trade laws

Suggested Schedules

1. Technical Specifications: Detailed technical information about the software including system requirements and functionality

2. Pricing Schedule: License fees, payment terms, and any additional costs

3. Authorized Users: Comprehensive list of permitted users or user categories and their access rights

4. Service Level Metrics: Detailed performance standards, metrics, and measurement methodologies

5. Security Requirements: Specific security protocols, requirements, and compliance standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Clauses

























Industries

Copyright Act: Primary federal law governing software copyrights (17 U.S.C. ������������ 101-1332), establishing basic rights and protections for software creators

Digital Millennium Copyright Act: Federal law addressing digital copyright issues, including anti-circumvention provisions and safe harbor protections

Computer Fraud and Abuse Act: Federal law concerning unauthorized access to computer systems and software, relevant for security provisions

Federal Trade Commission Act: Regulations regarding unfair or deceptive practices in software licensing and distribution

Export Administration Regulations: Federal regulations controlling the export of software and technology to foreign countries

Uniform Commercial Code: State-level commercial laws, particularly Article 2B where adopted, governing software licensing transactions

State Contract Laws: Various state-specific contract laws affecting formation, enforcement, and interpretation of software license agreements

State Consumer Protection Laws: State-specific regulations protecting consumer rights in software licensing transactions

State Data Privacy Laws: State-specific regulations governing the collection, storage, and use of user data in software applications

Patent Law: Federal laws protecting patented software components and innovations within the licensed software

Trade Secret Law: State and federal protections for proprietary software components and confidential information

Data Privacy Regulations: International and domestic data protection requirements, including GDPR compliance considerations

Open Source Licensing: Legal obligations and compliance requirements when incorporating open source components in the software

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

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