Santa Clara California Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. Type: Exclusive Software License Agreement This Santa Clara California Software License Agreement ("the Agreement") is entered into on [insert date], between Witness Systems, Inc. ("Licensor") and Advanced Integrated Recorders, Inc. ("Licensee"), with a principal place of business in Santa Clara, California. 1. Purpose: The Agreement aims to grant Licensee the exclusive right to utilize Licensor's software, subject to the terms and conditions outlined herein. 2. Grant of License: Licensor grants Licensee an exclusive, non-transferable, non-sublicensable license to use, execute, and operate the software applications ("the Software") provided by Licensor, solely for Licensee's internal use at its Santa Clara, California facility. 3. Scope of Use: Licensee may install and use the Software on a specified number of computers, servers, or electronic devices that Licensee owns or controls within its Santa Clara, California facility. The Licensee must strictly adhere to the usage restrictions imposed by the Agreement and any accompanying documentation. 4. License Fees and Payment: Licensee agrees to pay the agreed-upon license fees, as specified in a separate pricing or payment schedule negotiated between the parties and documented in writing. The payment terms, including due date and method of payment, shall be mutually agreed upon by both parties. 5. Intellectual Property Rights: Licensee acknowledges that all intellectual property rights, including copyrights and trademarks, related to the Software are owned exclusively by Licensor or its affiliates. The Agreement does not grant Licensee any rights, title, or interest in the Software, other than the specified license rights. 6. Confidentiality: Both parties agree to treat any confidential information exchanged during the term of this Agreement as strictly confidential. Licensee shall take all necessary precautions to prevent the unauthorized disclosure, dissemination, or use of such confidential information. 7. Term and Termination: The Agreement shall remain in effect for a specified term, as outlined within the Agreement and any accompanying schedules or addendums. Either party may terminate the Agreement in the event of a material breach by the other party, subject to any termination provisions specified in the Agreement. 8. Governing Law and Jurisdiction: This Agreement shall be governed by the laws of the State of California and any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts located within Santa Clara County, California. This detailed description outlines the main terms and conditions of a Santa Clara California Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. It features keywords such as Santa Clara California, Software License Agreement, Witness Systems, Inc., Advanced Integrated Recorders, Inc., exclusive license, scope of use, license fees, intellectual property rights, confidentiality, term and termination, governing law, and jurisdiction.
Santa Clara California Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc.
Description
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FAQ
Introduction. A legally applicable contract between a licensor and the purchaser or the author of the software that establishes the purchaser's rights is a Software Licensing Agreement. It sets out the manner in which the software can be used and also list out the restrictions that are imposed on the software if any.
An End-User License Agreement (EULA) is an agreement put in place between someone who purchases, installs, or downloads software, and the licensor or provider of that software.
A software license agreement details how and when the software can be used, and provides any restrictions that are imposed on the software. A software license agreement also defines and protects the rights of the parties involved in a clear and concise manner.
Generally speaking, an EULA is a legally binding agreement between the owner of a product (often software) and the end-user more specifically a contract between the licensor of a product and the licensee.
EULAs are not legally binding . When a consumer agrees to the terms specified in the license agreement, they are actually renting or purchasing a license from the vendor. The downside of a license agreement is that it doesn't protect the consumer. The EULA protects only the copyright owner.
A software license is a legally binding agreement made between the owner or developer of a software program and the user, outlining how they can use and distribute the product.
What Is a Software License Agreement? To put it simply, a software license agreement is an agreement between your company and your customers for use of the software you have the rights to. It allows your customers to use your software and details exactly how they can use it.
The steps for making a license agreement are as follows: Download a template for a licensing agreement. Choose your role as the licensor or licensee. Define the license(s) in the agreement. Decide whether the license is exclusive or not. Settle the matter of fees and payment schedule. Add a renewal date and rules.
Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights. Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.
A software license is a legally binding agreement made between the owner or developer of a software program and the user, outlining how they can use and distribute the product.