Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
SaaS Software License Agreement
This SaaS Software License Agreement ('Agreement') is entered into on this {{date_of_agreement}} ('Effective Date') by and between:
{{licensor_company_name}}, a company duly incorporated under the laws of {{licensor_jurisdiction}}, with its principal place of business at {{licensor_address}} ('Licensor'); and
{{licensee_company_name}}, a company duly incorporated under the laws of {{licensee_jurisdiction}}, with its principal place of business at {{licensee_address}} ('Licensee').
Collectively referred to as 'Parties' and individually as 'Party'.
1. Grant of License
1.1. Subject to the terms and conditions of this Agreement, Licensor hereby grants Licensee a non-exclusive, non-transferable, revocable license to access and use the Licensor's Software as a Service ('SaaS') platform ('Software') on a subscription basis, as specified in Schedule A (Service Details and Fees).
1.2. The Licensee shall not sublicense, lease, rent, or otherwise transfer its rights to access and use the Software to any third party without prior written consent from the Licensor.
2. Services and Support
2.1. Licensor shall provide access to the Software and associated services as outlined in Schedule A. This includes, but is not limited to, software functionality, data storage, and technical support.
2.2. Licensor will use commercially reasonable efforts to ensure the availability of the Software, subject to scheduled maintenance and unforeseen outages. Information regarding service level agreements (SLAs) is provided in Schedule B (Service Level Agreement).
3. Fees and Payment
3.1. Licensee shall pay the Licensor the fees as set forth in Schedule A. All fees are exclusive of applicable taxes, duties, and charges, which shall be borne by the Licensee.
3.2. Payment terms are {{payment_terms}} from the date of invoice. Late payments may incur interest at a rate of {{interest_rate}}% per annum.
4. Term and Termination
4.1. This Agreement shall commence on the Effective Date and shall continue for an initial term of {{initial_term_length}} ('Initial Term'), unless terminated earlier as provided herein.
4.2. After the Initial Term, this Agreement shall automatically renew for successive periods of {{renewal_term_length}}, unless either Party provides written notice of non-renewal at least {{notice_period_days}} days prior to the end of the then-current term.
4.3. Either Party may terminate this Agreement immediately upon written notice if the other Party materially breaches any of its obligations hereunder and fails to cure such breach within {{cure_period_days}} days of receiving written notice of such breach.
5. Confidentiality
5.1. Both Parties agree to maintain the confidentiality of all proprietary or confidential information obtained from the other Party during the term of this Agreement. This includes, but is not limited to, business plans, financial information, technical data, and customer lists.
5.2. The obligations of confidentiality shall survive the termination of this Agreement for a period of {{confidentiality_period}} years.
6. Warranties and Disclaimers
6.1. Licensor warrants that it has the right and authority to enter into this Agreement and to grant the license hereunder. Licensor further warrants that the Software will perform substantially in accordance with the documentation provided.
6.2. EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, THE SOFTWARE IS PROVIDED 'AS IS' AND 'AS AVAILABLE' WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
7. Limitation of Liability
7.1. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL LICENSOR BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUES, WHETHER INCURRED DIRECTLY OR INDIRECTLY, OR ANY LOSS OF DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM (A) YOUR ACCESS TO OR USE OF OR INABILITY TO ACCESS OR USE THE SOFTWARE; (B) ANY CONDUCT OR CONTENT OF ANY THIRD PARTY ON THE SOFTWARE; OR (C) UNAUTHORIZED ACCESS, USE, OR ALTERATION OF YOUR TRANSMISSIONS OR CONTENT.
7.2. LICENSOR'S AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE SOFTWARE SHALL IN NO EVENT EXCEED THE AMOUNT PAID BY LICENSEE TO LICENSOR HEREUNDER DURING THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE DATE OF THE CLAIM.
8. Governing Law and Dispute Resolution
8.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_jurisdiction}}.
8.2. Any dispute, controversy, or claim arising out of or in connection with this Agreement, including its existence, validity, interpretation, performance, breach or termination, shall be referred to and finally resolved by arbitration in accordance with the arbitration rules of {{arbitration_institution}} for the time being in force, which rules are deemed to be incorporated by reference in this clause. The seat of the arbitration shall be {{arbitration_seat}}.
Signature Block
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.
LICENSOR:
_____________________________
By: {{licensor_signatory_name}}
Title: {{licensor_signatory_title}}
Date: {{licensor_signature_date}}
LICENSEE:
_____________________________
By: {{licensee_signatory_name}}
Title: {{licensee_signatory_title}}
Date: {{licensee_signature_date}}
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