North Carolina Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. Introduction: The North Carolina Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. establishes the terms and conditions governing the use of software developed by Witness Systems, Inc. by Advanced Integrated Recorders, Inc. This agreement is essential to define each party's rights, obligations, and limitations regarding the software usage in compliance with North Carolina laws. Key Terms and Definitions: 1. Software: The proprietary software developed by Witness Systems, Inc., which includes all related documentation, updates, and modifications. 2. License: The non-exclusive, non-transferable right granted by Witness Systems, Inc. to Advanced Integrated Recorders, Inc. to use the software. 3. Permitted Use: The agreed-upon purpose for which the software is licensed, as specified in the agreement. 4. Intellectual Property: All copyrights, trademarks, trade secrets, and other intellectual property rights associated with the software. Types of North Carolina Software License Agreements: 1. Standard License Agreement: This type of agreement grants Advanced Integrated Recorders, Inc. the right to use the software for a specified period and purpose. 2. Extended License Agreement: In addition to the rights granted in the standard agreement, this type allows Advanced Integrated Recorders, Inc. to use the software for an extended duration or additional purposes, subject to separate terms and conditions. Agreement Details: 1. Grant of License: Witness Systems, Inc. grants Advanced Integrated Recorders, Inc. a non-exclusive, non-transferable license to use the software for the permitted use as defined in the agreement. 2. Ownership and Intellectual Property: The software and all associated intellectual property rights remain the exclusive property of Witness Systems, Inc. Advanced Integrated Recorders, Inc. acknowledges and respects these rights. 3. Restrictions: Advanced Integrated Recorders, Inc. agrees not to modify, reverse engineer, decompile, or create derivative works of the software without explicit consent from Witness Systems, Inc. 4. Confidentiality: Both parties agree to maintain the confidentiality of any non-public information exchanged during the agreement term. 5. Support and Maintenance: Witness Systems, Inc. may provide technical support and software updates, subject to separate agreements or additional fees. 6. Termination: Either party may terminate the agreement in case of a breach by the other party, subject to proper notice and remedy periods. 7. Limitations of Liability: Witness Systems, Inc. limits its liability for any damages resulting from software use, ensuring that it does not exceed the total amount paid by Advanced Integrated Recorders, Inc. for the license. In summary, the North Carolina Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. defines the terms and conditions for the proper use of software developed by Witness Systems, Inc. by Advanced Integrated Recorders, Inc. It safeguards the rights of both parties while ensuring compliance with North Carolina laws. The agreement specifies the scope of the license, intellectual property rights, restrictions, confidentiality, support, maintenance, and termination provisions. Different types of agreements may be available, such as standard and extended licenses, catering to specific needs and requirements.
North Carolina Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc.
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