Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
LICENSE AGREEMENT FOR MULTI-USER ACCESS
This Multi-User License Agreement ('Agreement') is made and entered into on this {{date_of_agreement}} day of {{month_of_agreement}}, {{year_of_agreement}}, by and between:
{{licensor_company_name}}, a company duly incorporated and operating under the laws of {{country_of_incorporation}}, with its registered office at {{licensor_address}} ('Licensor');
AND
{{licensee_company_name}}, a company duly incorporated and operating under the laws of {{licensee_country_of_incorporation}}, with its registered office at {{licensee_address}} ('Licensee').
Collectively referred to as the 'Parties' and individually as a 'Party'.
1. Definitions
1.1. 'Licensed Product' refers to the software, digital content, or service described in Schedule A attached hereto.
1.2. 'User' means an individual authorized by the Licensee to access and use the Licensed Product under the terms of this Agreement.
1.3. 'Multi-User License' means the right granted by the Licensor to the Licensee to allow a specified number of Users to access and use the Licensed Product.
1.4. 'Effective Date' means the date first written above.
2. Grant of License
2.1. Subject to the terms and conditions of this Agreement, the Licensor hereby grants to the Licensee a non-exclusive, non-transferable, multi-user license to access and use the Licensed Product for its internal business purposes during the License Term.
2.2. The maximum number of authorized Users under this Multi-User License shall be {{number_of_users}}.
2.3. The Licensee shall ensure that all Users comply with the terms and conditions of this Agreement.
2.4. This license does not grant the Licensee any intellectual property rights in the Licensed Product, other than the right to use it as expressly provided herein.
3. License Fees and Payment
3.1. In consideration for the Multi-User License, the Licensee shall pay the Licensor a license fee of {{currency}} {{license_fee_amount}} ('License Fee').
3.2. The License Fee shall be payable as follows: {{payment_terms}}.
3.3. All payments shall be made in {{currency}}.
3.4. Any applicable taxes, including but not limited to VAT or sales tax, shall be borne by the Licensee.
4. License Term and Termination
4.1. This Agreement shall commence on the Effective Date and shall continue for a period of {{license_term_duration}} ('License Term'), unless terminated earlier in accordance with this Agreement.
4.2. Either Party may terminate this Agreement by giving {{notice_period}} days' written notice to the other Party in the event of a material breach of this Agreement by the other Party, which breach is not remedied within {{cure_period}} days of receiving written notice thereof.
4.3. Upon termination of this Agreement, the Licensee shall immediately cease all use of the Licensed Product and ensure all Users do the same.
4.4. Sections 1, 3, 4.3, 5, and 6 shall survive the termination of this Agreement.
5. Warranties and Disclaimers
5.1. The Licensor warrants that it has the full power and authority to enter into this Agreement and to grant the Multi-User License.
5.2. The Licensed Product is provided 'as is' without any warranty of any kind, whether express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
5.3. The Licensor does not warrant that the Licensed Product will be error-free or uninterrupted.
6. Limitation of Liability
6.1. To the maximum extent permitted by applicable law, in no event shall the Licensor be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or business, arising out of or in connection with this Agreement or the use of the Licensed Product.
6.2. The Licensor's total liability under this Agreement shall not exceed the amount of the License Fee paid by the Licensee during the twelve (12) months preceding the event giving rise to the liability.
7. Governing Law and Dispute Resolution
7.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_country}}.
7.2. Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be settled by arbitration in accordance with the rules of {{arbitration_institution}} in {{arbitration_city}}, {{arbitration_country}}.
7.3. The language of the arbitration shall be English.
8. General Provisions
8.1. Entire Agreement: This Agreement constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral.
8.2. Amendments: Any amendment or modification to this Agreement must be in writing and signed by duly authorized representatives of both Parties.
8.3. Severability: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
8.4. 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 or email to the addresses first written above.
Signature Block
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date.
FOR THE LICENSOR:
_____________________________
Name: {{licensor_signatory_name}}
Title: {{licensor_signatory_title}}
Date: {{licensor_signature_date}}
FOR THE LICENSEE:
_____________________________
Name: {{licensee_signatory_name}}
Title: {{licensee_signatory_title}}
Date: {{licensee_signature_date}}
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