Maryland Support Agreement between 724 Solutions, Inc., 724 Solutions International, SRL and Citicorp Strategic Technology Corp regarding license arrangements

• Category: Corporations - Public - Support
• State: Multi-State
• Control #: US-EG-9292
• Format: Word; Rich Text

Description

Support Agreement between 724 Solutions, Inc., 724 Solutions International, SRL and Citicorp Strategic Technology Corporation regarding license arrangements dated December 29, 1999. 3 pages. The Maryland Support Agreement is a comprehensive document that outlines the license arrangements between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp. This agreement serves as a contractual agreement between the parties involved and governs the terms and conditions of licensing certain technology and software solutions. Key terms and provisions of the Maryland Support Agreement include: 1. Scope of License: The agreement outlines the specific technology and software solutions covered under the license. It clarifies any limitations or restrictions on the usage, modification, or redistribution of these solutions. 2. License Duration: The agreement sets forth the duration of the license and any provisions for renewal or termination. It may include provisions for automatic renewal or require mutual agreement for extension. 3. Support and Maintenance Services: The agreement establishes the scope and level of support services to be provided by 724 Solutions, Inc. and 724 Solutions International, NRL. This may include technical assistance, updates, bug fixes, and training. 4. Fees and Payments: The agreement specifies the fees associated with the license arrangement, including any upfront payments, recurring fees, or royalties. It may outline the invoicing and payment terms, as well as any penalties or late fees for non-compliance. 5. Intellectual Property Rights: The agreement addresses the ownership and protection of intellectual property rights related to the licensed technology and software solutions. It clarifies the rights and restrictions of each party and may include provisions for confidentiality and non-disclosure. 6. Liability and Indemnification: The agreement includes provisions that limit the liability of 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp. It may outline the indemnification obligations of each party in case of any third-party claims or damages arising from the use of the licensed solutions. 7. Dispute Resolution: The agreement may specify the procedures for resolving any disputes or conflicts that may arise during the term of the license. It may require negotiation, mediation, or arbitration before resorting to legal actions. Different types of Maryland Support Agreements between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp regarding license arrangements may include variations in the technology or software solutions being licensed, the specific terms and conditions, the duration of the license, and the level of support and maintenance services provided. Note: It is important to consult with legal professionals or review the specific agreement in question for accurate and up-to-date information.

The Maryland Support Agreement is a comprehensive document that outlines the license arrangements between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp. This agreement serves as a contractual agreement between the parties involved and governs the terms and conditions of licensing certain technology and software solutions. Key terms and provisions of the Maryland Support Agreement include: 1. Scope of License: The agreement outlines the specific technology and software solutions covered under the license. It clarifies any limitations or restrictions on the usage, modification, or redistribution of these solutions. 2. License Duration: The agreement sets forth the duration of the license and any provisions for renewal or termination. It may include provisions for automatic renewal or require mutual agreement for extension. 3. Support and Maintenance Services: The agreement establishes the scope and level of support services to be provided by 724 Solutions, Inc. and 724 Solutions International, NRL. This may include technical assistance, updates, bug fixes, and training. 4. Fees and Payments: The agreement specifies the fees associated with the license arrangement, including any upfront payments, recurring fees, or royalties. It may outline the invoicing and payment terms, as well as any penalties or late fees for non-compliance. 5. Intellectual Property Rights: The agreement addresses the ownership and protection of intellectual property rights related to the licensed technology and software solutions. It clarifies the rights and restrictions of each party and may include provisions for confidentiality and non-disclosure. 6. Liability and Indemnification: The agreement includes provisions that limit the liability of 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp. It may outline the indemnification obligations of each party in case of any third-party claims or damages arising from the use of the licensed solutions. 7. Dispute Resolution: The agreement may specify the procedures for resolving any disputes or conflicts that may arise during the term of the license. It may require negotiation, mediation, or arbitration before resorting to legal actions. Different types of Maryland Support Agreements between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp regarding license arrangements may include variations in the technology or software solutions being licensed, the specific terms and conditions, the duration of the license, and the level of support and maintenance services provided. Note: It is important to consult with legal professionals or review the specific agreement in question for accurate and up-to-date information.