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On Premise Software License Agreement
"I need an On Premise Software License Agreement for licensing our enterprise resource planning software to a large Philippine bank, with enhanced data security provisions and compliance with banking regulations, scheduled for deployment in March 2025."
1. Parties: Identification of the licensor and licensee, including complete legal names, addresses, and registration details
2. Background: Context of the agreement, brief description of the software, and purpose of the license
3. Definitions: Key terms used throughout the agreement, including technical terms, 'Software', 'Documentation', 'Intellectual Property Rights', etc.
4. License Grant: Scope of the license, permitted uses, and express restrictions on use of the software
5. Delivery and Installation: Terms regarding software delivery, installation requirements, and acceptance criteria
6. License Fees: Payment terms, fee structure, and applicable taxes
7. Intellectual Property Rights: Ownership of IP rights, protection measures, and infringement procedures
8. Confidentiality: Protection of confidential information, including software code and business information
9. Warranties and Representations: Software performance warranties, compliance with laws, and disclaimer of warranties
10. Support and Maintenance: Terms for technical support, updates, and maintenance services
11. Term and Termination: Duration of the agreement, renewal terms, and termination rights
12. Data Protection: Compliance with Philippine Data Privacy Act and data handling requirements
13. Limitation of Liability: Caps on liability and exclusions of certain types of damages
14. General Provisions: Standard clauses including governing law, dispute resolution, and entire agreement
1. Hardware Requirements: Detailed specifications for hardware needed to run the software, used when specific hardware configurations are critical
2. Professional Services: Terms for additional implementation, training, or consulting services, included when professional services are part of the deal
3. Source Code Escrow: Terms for source code escrow arrangements, used for mission-critical software or upon customer request
4. Audit Rights: Rights to audit licensee's use of the software, typically included for enterprise licenses
5. Export Control: Compliance with export control laws, included when software may be subject to international trade restrictions
6. Insurance: Insurance requirements for either party, included in high-value or high-risk implementations
7. Business Continuity: Disaster recovery and business continuity requirements, included for mission-critical software
1. Schedule 1 - Software Description: Detailed description of the licensed software, including modules, features, and functionality
2. Schedule 2 - License Fees: Detailed breakdown of license fees, payment schedules, and pricing terms
3. Schedule 3 - Technical Specifications: Technical requirements, supported platforms, and integration specifications
4. Schedule 4 - Service Level Agreement: Support levels, response times, and performance metrics
5. Schedule 5 - Maintenance Services: Scope of maintenance services, update procedures, and exclusions
6. Appendix A - Acceptable Use Policy: Rules and restrictions regarding software use
7. Appendix B - Data Processing Terms: Detailed terms for handling personal data in compliance with Philippine law
Authors
Information Technology
Banking and Finance
Healthcare
Manufacturing
Retail
Education
Government
Telecommunications
Professional Services
Insurance
Real Estate
Energy and Utilities
Legal
Information Technology
Procurement
Compliance
Information Security
Risk Management
Vendor Management
Operations
Finance
Internal Audit
Chief Technology Officer
IT Director
Legal Counsel
Procurement Manager
Software License Manager
Compliance Officer
Information Security Officer
Contract Administrator
IT Operations Manager
Risk Manager
Chief Information Officer
Systems Administrator
Enterprise Architect
Vendor Management Officer
Chief Legal Officer
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