Hennepin Minnesota Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. Introduction: The Hennepin Minnesota Software License Agreement is a legally binding contract entered into by Witness Systems, Inc. ("Licensor") and Advanced Integrated Recorders, Inc. ("Licensee"). This agreement outlines the terms and conditions under which the Licensor grants the Licensee the right to use the software developed by Witness Systems, Inc. The agreement governs the relationship between both parties and ensures compliance with intellectual property laws and regulations. Key Terms in the Agreement: 1. License Grant: The Licensor grants the Licensee a non-exclusive, non-transferable license to use the software for the agreed-upon purposes. The Licensee may only use the software within the specified scope mentioned in the agreement. 2. Ownership: The Licensor retains all rights, title, and interest in the software, including any updates, modifications, or enhancements. The Licensee acknowledges that the software is protected by copyright and other intellectual property laws. 3. Licensee Responsibilities: The Licensee agrees to comply with all applicable laws and regulations while using the software. They are responsible for maintaining the confidentiality of any license keys or access credentials provided by the Licensor. 4. Payment Terms: The agreement specifies the payment terms for accessing and using the software. This includes any initial upfront fees, recurring licensing fees, or other charges agreed upon between the parties. 5. Support and Maintenance: The Licensor may offer support and maintenance services for the software subject to mutually agreed terms. These services may include bug fixes, upgrades, and technical assistance. The agreement outlines the scope, availability, and terms of such support. 6. Term and Termination: The agreement defines the duration of the license grant and the conditions under which either party can terminate the agreement. Termination may occur due to breach of terms, violation of intellectual property rights, or non-payment of fees. Types of Hennepin Minnesota Software License Agreement: 1. Standard Software License Agreement: This is the most common type of agreement where the Licensor grants the Licensee the right to use the software under predefined terms and conditions. 2. Enterprise Software License Agreement: This type of agreement caters to large organizations that require the software for multiple users or various business units within the Licensee's organization. It may include volume licensing, pricing tiers, and specific provisions for customization and integration. 3. Subscription Software License Agreement: This agreement allows the Licensee to use the software for a specified period by paying a recurring subscription fee. The Licensor may provide continuous updates and support during the subscription period. 4. Evaluation/ Trial Software License Agreement: This agreement is designed for Licensees who wish to evaluate or test the software before making a long-term commitment. It typically has a limited term and may include restrictions on usage or access to certain features. Conclusion: The Hennepin Minnesota Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. governs the legal relationship between both parties regarding the use of software. It ensures compliance with intellectual property laws and outlines the rights, responsibilities, and obligations of the Licensor and the Licensee. The agreement varies depending on the specific type of license granted, such as the standard, enterprise, subscription, or evaluation/trial license agreements.
Hennepin Minnesota Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc.
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