License Agreement Multi Users

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

LICENSE AGREEMENT - MULTI-USER

This Multi-User License Agreement ("Agreement") is entered into as of {{effective_date}} ("Effective Date") By and Between:

{{licensor_company_name}}, a company duly incorporated under the laws of {{licensor_country}}, having its principal place of business at {{licensor_address}} (hereinafter referred to as "Licensor"), AND

{{licensee_company_name}}, a company duly incorporated under the laws of {{licensee_country}}, having its principal place of business at {{licensee_address}} (hereinafter referred to as "Licensee").

Licensor and Licensee are hereinafter collectively referred to as the "Parties" and individually as a "Party".

1. GRANT OF LICENSE

1.1. Subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee a non-exclusive, non-transferable, revocable, multi-user license to use the software/digital product identified as {{software_product_name}} ("Software") for its internal business purposes.

1.2. This license permits the use of the Software by up to {{number_of_users}} authorised users within the Licensee's organisation. Each authorised user will be granted access credentials as per the terms herein.

1.3. The Software is licensed, not sold. All rights not expressly granted to Licensee are reserved by Licensor.

2. SCOPE OF USE

2.1. The Licensee shall use the Software solely for its internal business operations and not for any commercial exploitation to third parties.

2.2. Licensee shall not, and shall not permit any third party to: (a) modify, adapt, translate, reverse engineer, decompile, disassemble, or create derivative works based on the Software; (b) rent, lease, sublicense, distribute, sell, or otherwise transfer the Software to any third party; (c) remove, alter, or obscure any proprietary notices or labels on the Software; or (d) use the Software in violation of any applicable laws or regulations.

3. FEES AND PAYMENT

3.1. Licensee shall pay Licensor a licensing fee of {{currency}} {{license_fee_amount}} ({{license_fee_amount_words}}) for the multi-user license. This fee is payable {{payment_frequency}} (e.g., annually, one-time).

3.2. All payments shall be made in {{currency}} to the bank account specified by the Licensor. Payments are due on {{payment_due_date}}. Late payments may incur interest at a rate of {{late_payment_interest_rate}}% per annum.

3.3. All fees are exclusive of any applicable taxes, duties, or levies, which shall be borne by the Licensee.

4. SUPPORT AND MAINTENANCE

4.1. Licensor will provide standard technical support and maintenance services for the Software during the term of this Agreement, including updates and bug fixes, as further detailed in Schedule A.

4.2. Support can be accessed via {{support_email}} or {{support_phone_number}} during business hours: {{support_hours}}.

5. INTELLECTUAL PROPERTY

5.1. All intellectual property rights in and to the Software, including but not limited to copyrights, trademarks, trade secrets, and patents, are and shall remain the sole and exclusive property of the Licensor.

5.2. Licensee acknowledges that it obtains no ownership rights in the Software under this Agreement.

6. CONFIDENTIALITY

6.1. Both Parties agree to keep confidential all non-public information disclosed by the other Party, whether oral or in writing, that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure ("Confidential Information").

6.2. Confidential Information shall not be disclosed to any third party without the prior written consent of the disclosing Party.

7. TERM AND TERMINATION

7.1. This Agreement shall commence on the Effective Date and shall continue for an initial term of {{initial_term_years}} year(s), automatically renewing thereafter for successive {{renewal_term_years}} year(s) periods unless either Party provides written notice of non-renewal at least {{notice_period_days}} days prior to the end of the then-current term.

7.2. 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 after receiving written notice thereof.

7.3. Upon termination, Licensee shall cease all use of the Software and destroy all copies of the Software in its possession.

8. GOVERNING LAW AND DISPUTE RESOLUTION

8.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_country_laws}}.

8.2. Any dispute, controversy, or claim arising out of or in connection with this Agreement, or the breach, termination, or invalidity thereof, shall be settled by arbitration in accordance with the rules of the {{arbitration_institution}}.

8.3. The seat of arbitration shall be {{arbitration_city}}, {{arbitration_country}}. The language of the arbitration shall be English.

9. ENTIRE AGREEMENT

9.1. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date first written above.

FOR LICENSOR:

____________________________

Name: {{licensor_name}}

Title: {{licensor_title}}

Date: {{licensor_signature_date}}

FOR LICENSEE:

____________________________

Name: {{licensee_name}}

Title: {{licensee_title}}

Date: {{licensee_signature_date}}