The Kings New York Purchase and License Agreement of Custom Software Program is a legally binding contract between the buyer (hereinafter referred to as "the Purchaser") and the seller (hereinafter referred to as "the Licensor") for the purchase and use of custom software programs. This agreement outlines the terms and conditions that govern the purchase, licensing, and usage rights associated with the custom software program developed specifically for the Purchaser. The Kings New York Purchase and License Agreement of Custom Software Program aims to protect the interests of both parties involved, ensuring clarity, transparency, and accountability throughout the entire software acquisition process. The agreement covers essential aspects, including pricing, payment terms, delivery, intellectual property rights, support and maintenance, warranties, confidentiality, and limitations of liability. There can be different types of Kings New York Purchase and License Agreement of Custom Software Program, depending on the specific requirements and nuances of the software project. Some notable variations may include: 1. Purchase and License with One-Time Payment: This type of agreement involves paying a lump sum amount to the Licensor, granting the Purchaser a perpetual license to use the custom software program without any recurring payments. 2. Purchase and License with Subscription Model: In this scenario, the Purchaser pays a recurring fee at regular intervals (e.g., monthly, quarterly, or annually) to maintain the license and receive updates, enhancements, and support for the custom software program. 3. Purchase and License with Maintenance Plan: This type of agreement combines the initial purchase of the custom software program with a separate maintenance plan. The Purchaser pays an upfront fee for the program and agrees to enter into a separate contract for ongoing support, bug fixes, security updates, etc. 4. Purchase and License with Source Code Access: In certain cases, the Licensor may provide the Purchaser with access to the source code of the custom software program. This agreement grants the Purchaser additional flexibility in modifying, adapting, or enhancing the software to suit their specific needs. Regardless of the specific type of Kings New York Purchase and License Agreement of Custom Software Program, it is crucial for both the Purchaser and Licensor to clearly understand and agree upon all terms outlined in the agreement. This ensures a smooth software acquisition process, minimizing potential disputes and maximizing the value derived from the custom software program.
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.