Clark Nevada Software Product Sales Agreement is a legally binding contract between two parties, stipulating the terms and conditions under which software products are sold and purchased. This agreement governs the relationship between the software manufacturer or vendor and the buyer, ensuring clarity and protection for both parties involved. Key Terms and Components: 1. Parties: This section details the names and addresses of the parties involved in the agreement, namely the software vendor and the buyer. 2. Definitions: This section provides a clear understanding of the key terms used throughout the agreement, such as "software product," "delivery," "license," and "maintenance." 3. Scope of Agreement: Describes the purpose of the agreement and outlines the specific software product(s) included in the sale. It may also mention any limitations or exclusions. 4. Purchase and Delivery Terms: This section includes details regarding the buying process, including pricing, localization, customization options, and payment terms. It also covers delivery methods, timeframes, responsibilities, and associated costs. 5. License Grant: Specifies the type of license granted to the buyer, outlining the allowed usage, limitations, and any potential restrictions. It may include the number of authorized users, devices, or locations. 6. Intellectual Property Rights: Highlights the ownership of the software product's intellectual property and any applicable copyright protections. It may outline restrictions on reproducing, modifying, or distributing the software. 7. Maintenance and Support: Specifies the level of technical support and any maintenance services provided by the vendor, including bug fixes, updates, and enhancements. Terms regarding response times, service-level agreements (SLAs), and associated costs are typically mentioned. 8. Warranty and Liability: Outlines any warranty provided by the vendor concerning the software product's functionality, performance, or compatibility. This section may also address limitations on liability, indemnification, and dispute resolution mechanisms. 9. Termination Clause: Defines the conditions under which either party can terminate the agreement, including breach of contract, insolvency, or non-payment. It may specify the consequences, such as refunds or rights to continue using the software. 10. Confidentiality and Non-Disclosure: Establishes obligations to maintain the confidentiality of proprietary information shared during the agreement's duration. 11. Governing Law and Jurisdiction: Indicates the laws and courts that will govern and handle any disputes arising from the agreement. 12. Severability: Ensures that if any provision within the agreement is deemed invalid or unenforceable, it does not affect the validity of the remaining provisions. 13. Entire Agreement: Confirms that the written agreement constitutes the entire understanding between the parties and supersedes any previous agreements or negotiations. Different Types of Clark Nevada Software Product Sales Agreement: 1. Standard Software Product Sales Agreement: Covers the sale of off-the-shelf software products without any significant customization or alterations. 2. Custom Software Product Sales Agreement: Tailored for software products developed specifically for a buyer's unique requirements, involving customization, development, or integration services. 3. Subscription-based Software Product Sales Agreement: Focuses on the sale of software products offered as a service, typically accessed through a cloud-based platform, and involving recurring payments. 4. Enterprise Software Product Sales Agreement: Geared towards large-scale organizations requiring comprehensive software solutions and often involving complex licensing models, long-term maintenance, and extensive support services.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.