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White Label Software License
"I need a White Label Software License Agreement for my fintech company based in Manila to license our payment processing software to banks in the Philippines, with specific provisions for data privacy compliance and integration with existing banking systems, planned to launch in March 2025."
1. Parties: Identification of the licensor (software provider) and licensee (white label partner)
2. Background: Context of the agreement, including the nature of the software and white labeling relationship
3. Definitions: Key terms used throughout the agreement, including technical, legal, and operational definitions
4. License Grant: Scope of the software license, white labeling rights, and territory restrictions
5. Branding and Marketing Rights: Terms governing the licensee's right to rebrand and market the software
6. Usage Restrictions: Limitations on use, prohibited activities, and user restrictions
7. Intellectual Property Rights: Ownership of IP, protection measures, and handling of improvements
8. Service Levels and Support: Performance standards, maintenance, and technical support obligations
9. Fees and Payment Terms: License fees, payment schedule, and financial obligations
10. Data Protection and Security: Compliance with Philippine Data Privacy Act and security requirements
11. Confidentiality: Protection of confidential information and trade secrets
12. Warranties and Representations: Guarantees regarding software functionality and compliance with laws
13. Liability and Indemnification: Limitation of liability and mutual indemnification provisions
14. Term and Termination: Duration, renewal terms, and termination rights
15. Post-Termination Obligations: Duties and rights of parties after agreement ends
16. General Provisions: Standard clauses including governing law, dispute resolution, and notices
1. Source Code Escrow: Terms for source code storage and release conditions, used when licensee requires additional security
2. Revenue Sharing: Details of profit-sharing arrangements, included when business model involves revenue splitting
3. Integration Services: Terms for additional integration support, needed when complex implementation is required
4. Training and Documentation: Provisions for user training and documentation, included for complex software systems
5. Customization Rights: Terms governing software modifications, included when licensee needs modification rights
6. Multi-tier Distribution: Rules for sub-licensing or distribution through multiple tiers, used in complex distribution models
7. Compliance with Industry Standards: Specific compliance requirements, included for regulated industries
1. Software Specifications: Detailed technical specifications and functionality of the software
2. Service Level Agreement: Detailed performance metrics, response times, and support levels
3. Fee Schedule: Detailed breakdown of all fees, payment terms, and calculation methods
4. Branding Guidelines: Specifications for white labeling and rebranding requirements
5. Security Requirements: Detailed security protocols and compliance requirements
6. Support Procedures: Detailed procedures for requesting and receiving technical support
7. Approved Sub-contractors: List of approved third-party service providers, if any
Authors
Financial Services
Technology
E-commerce
Healthcare
Education
Professional Services
Telecommunications
Banking
Insurance
Retail
Manufacturing
Business Process Outsourcing
Legal
Information Technology
Product Development
Compliance
Procurement
Business Development
Brand Management
Operations
Risk Management
Commercial
Chief Technology Officer
Legal Counsel
Intellectual Property Lawyer
Software Licensing Manager
Business Development Director
Product Manager
Chief Information Officer
Compliance Officer
Data Protection Officer
IT Director
Chief Executive Officer
Commercial Director
Brand Manager
Procurement Manager
Contract Manager
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