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1. Parties: Identification of the licensor and licensee, including their full legal names, registration numbers, and addresses
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 'Software', 'License Fee', 'Intellectual Property Rights', etc.
4. License Grant: Scope of the license, including permitted uses, restrictions, and territory
5. License Fee: Payment terms, amounts, and payment schedule
6. Intellectual Property Rights: Confirmation of ownership and protection of IP rights
7. Use Restrictions: Specific prohibitions and limitations on software use
8. Term and Termination: Duration of the license and circumstances for termination
9. Warranties and Disclaimers: Standard warranties about software functionality and disclaimers of liability
10. Limitation of Liability: Caps on liability and exclusions of certain types of damages
11. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement
1. Maintenance and Support: Terms for ongoing technical support and software updates - include if maintenance services are offered
2. Data Protection: POPIA compliance provisions - include if the software processes personal information
3. Source Code Escrow: Terms for source code protection - include for business-critical software
4. Third-Party Software: Details of incorporated third-party software - include if the software uses third-party components
5. Export Controls: Export restriction clauses - include if software may be used internationally
6. Service Level Agreement: Performance standards and metrics - include if specific service levels are guaranteed
1. Schedule 1 - Software Description: Detailed technical specifications and functionality of the software
2. Schedule 2 - License Fees: Detailed breakdown of license fees and payment terms
3. Schedule 3 - Technical Requirements: Minimum system requirements and technical specifications
4. Appendix A - Acceptable Use Policy: Detailed terms of acceptable use and restrictions
5. Appendix B - Support Terms: Detailed maintenance and support procedures if applicable
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Organizational security:
You retain IP ownership of your documents and their information
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