Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
SOFTWARE LICENSE AGREEMENT
This Software License Agreement (the "Agreement") is made and entered into as of {{effective_date}} (the "Effective Date"), by and between:
{{licensor_company_name}}, a company duly incorporated and existing under the laws of {{licensor_jurisdiction}}, with its principal place of business at {{licensor_address}} (hereinafter referred to as "Licensor"); and
{{licensee_company_name}}, a company duly incorporated and existing under the laws of {{licensee_jurisdiction}}, with 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. DEFINITIONS
1.1 "Licensed Software" means the software product described in Schedule A, including all its components, documentation, and any updates or upgrades provided by the Licensor.
1.2 "License" means the non-exclusive, non-transferable right granted to the Licensee to use the Licensed Software in accordance with the terms of this Agreement.
1.3 "Effective Date" means the date first written above, upon which this Agreement becomes effective.
2. GRANT OF LICENSE
2.1 Licensor hereby grants to Licensee a non-exclusive, non-transferable, revocable license to use the Licensed Software solely for Licensee's internal business operations at {{licensed_location}}/{{number_of_users}} users during the Term.
2.2 Licensee shall not sublicense, assign, or otherwise transfer the Licensed Software or any rights granted herein without the prior written consent of Licensor.
2.3 Licensee acknowledges that the Licensed Software and its structure, organization, and source code are valuable trade secrets of Licensor and its suppliers. Licensee shall not modify, adapt, translate, reverse engineer, decompile, disassemble, or otherwise attempt to discover the source code of the Licensed Software.
3. FEES AND PAYMENT
3.1 Licensee shall pay Licensor a license fee of {{license_fee_currency}} {{license_fee_amount}} as set forth in Schedule B.
3.2 All payments shall be made within {{payment_due_days}} days from the date of invoice. Late payments may incur interest at a rate of {{interest_rate_percent}}% per annum.
4. INTELLECTUAL PROPERTY RIGHTS
4.1 Licensee acknowledges that all intellectual property rights in the Licensed Software are owned by Licensor or its suppliers and are protected by applicable intellectual property laws.
4.2 This Agreement does not grant Licensee any rights to patents, copyrights, trade secrets, trademarks, or any other rights in respect to the Licensed Software, except for the limited license granted in Section 2.1.
5. WARRANTIES AND DISCLAIMERS
5.1 Licensor warrants that the Licensed Software will perform substantially in accordance with the accompanying documentation for a period of {{warranty_period}} from the Effective Date.
5.2 EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, THE LICENSED SOFTWARE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
6. LIMITATION OF LIABILITY
6.1 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL LICENSOR BE LIABLE FOR ANY INCIDENTAL, SPECIAL, INDIRECT, OR CONSEQUENTIAL DAMAGES WHATSOEVER, INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION, OR OTHER PECUNIARY LOSS, ARISING OUT OF THE USE OR INABILITY TO USE THE LICENSED SOFTWARE, EVEN IF LICENSOR HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
6.2 LICENSOR'S TOTAL LIABILITY FOR ANY CLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT SHALL NOT EXCEED THE LICENSE FEES PAID BY LICENSEE UNDER SECTION 3.1.
7. TERM AND TERMINATION
7.1 The term of this Agreement shall commence on the Effective Date and shall continue for a period of {{term_duration}} unless terminated earlier in accordance with the provisions of this Section.
7.2 Either Party may terminate this Agreement 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 of this Agreement, Licensee shall immediately cease all use of the Licensed Software and destroy all copies of the Licensed Software and accompanying documentation 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_law_jurisdiction}}.
8.2 Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration under the rules of {{arbitration_institution}}.
9. GENERAL PROVISIONS
9.1 Entire Agreement: This Agreement constitutes the entire agreement between the Parties and supersedes all prior agreements, understandings, and arrangements, whether oral or written.
9.2 Amendments: Any amendment or modification to this Agreement must be in writing and signed by both Parties.
9.3 Notices: All notices hereunder shall be in writing and shall be deemed to have been duly given when delivered personally or sent by registered mail to the addresses first above written.
9.4 Severability: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
SIGNATURES
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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