Maryland Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. is a legally binding contract that governs the use, distribution, and licensing of software developed and owned by Witness Systems, Inc. for Advanced Integrated Recorders, Inc. This agreement outlines the terms and conditions under which the software will be used, including rights and limitations for both the licensor (Witness Systems, Inc.) and licensee (Advanced Integrated Recorders, Inc.). The agreement includes various sections and clauses that define the scope of the license, payment terms, intellectual property rights, warranties, and limitations of liability. It also covers the obligations, responsibilities, and restrictions for both parties involved, ensuring a clear understanding of their respective rights and obligations. Specifically, the Maryland Software License Agreement may include: 1. License Grant: This section outlines the rights granted to Advanced Integrated Recorders, Inc. to use the licensed software. It specifies whether the license provided is exclusive or non-exclusive, and the permitted usage, such as installation, reproduction, and modification. 2. Term and Termination: This clause specifies the duration of the license agreement, including any renewal or termination conditions. It may also outline the effects of termination on both parties, such as the obligation to remove the software from the licensee's systems. 3. Fees and Payment: This section defines the financial terms of the license, including any upfront payment, recurring fees, or royalties. It may also include provisions for late payments, interest, or consequences for non-payment. 4. Intellectual Property Rights: This clause addresses the ownership and protection of intellectual property associated with the licensed software. It clarifies that Witness Systems, Inc. retains all ownership rights, and Advanced Integrated Recorders, Inc. agrees not to reverse engineer, decompile, or modify the software without permission. 5. Warranty and Support: This section details the warranties provided by Witness Systems, Inc. regarding the performance, functionality, and compatibility of the software. It may also outline any support services offered, such as bug fixes or updates during the license term. 6. Limitation of Liability: This clause defines the limitations of liability for both parties. It typically states that Witness Systems, Inc. is not responsible for any indirect, incidental, or consequential damages arising from the use or inability to use the software, and that Advanced Integrated Recorders, Inc.'s remedies are limited to any applicable warranty. It's important to note that the exact terms and conditions of the Maryland Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. may vary depending on the specific agreement negotiated between the parties. Therefore, it is always advisable to review the actual agreement for more accurate details and information.
Maryland Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc.
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