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Systems Development and License Agreement

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Systems Development and License Agreement Powered By Docstoc
					This agreement is made between a licensor and a licensee whereby the licensor grants
the licensee a non-exclusive, non-assignable and non-transferable right to use the
licensor’s software. The licensee is seeking the right to use the licensor’s software in
order to create and develop a new software product. The parties can customize this
agreement to specify the term of the agreement, the licensing fees, the warranties, and
ownership rights. This agreement can be used by individuals or small businesses that
want to grant or obtain the right to use software for the development of a new product.
      SYSTEMS DEVELOPMENT AND LICENSE AGREEMENT

        THIS SYSTEMS DEVELOPMENT AND LICENSE AGREEMENT (the
“Agreement”), is made this ____ day of _________, 2____, by and between
__________________________,               whose     registered office   address    is
_________________________________ (the “Licensor”) and __________________________
(the “Licensee”), whose registered office address is _______________________________,
collectively referred to herein as (the “Parties”).

       WHEREAS the Licensor is the owner, manufacturer and designer of the computer
software known as _________________ (the “Software”);

       AND WHEREAS the Licensee desires to obtain a license from the Licensor to use the
Software for the development of _________________ (the “New Product”);

       AND WHEREAS the Licensor desires to grant a license to the Licensee to use the
Software for the development of the New Product pursuant to the terms, conditions and
provisions contained herein.

         IN CONSIDERATION of the promises and other good and valuable consideration set
forth, the Parties hereby acknowledge and agree as follows:


I.     LICENSE GRANTED

The Licensor hereby grants to the Licensee a non-exclusive, non-assignable and non-transferable
License to use the Software (the “License”) for the development of a New Product(s).


II.    TERM OF AGREEMENT

2.01 The Term of this Agreement shall be for a period of ____________ (___) (months/years)
(the “Term”). The Term shall commence on the ____ day of ______________, 2____ and shall
end on the ____ day of ___________, 2____.

2.02 The Licensee shall have the right to terminate this Agreement at any time upon the
destruction of the Software by Licensee.

2.03 In the event the Licensor or the Licensee terminates this Agreement, the Licensee shall
immediately cease any and all use of the Software.
III.   OWNERSHIP OF SOFTWARE

3.01 Licensee acknowledges that the Licensor is the sole owner of the Software and this
License does not transfer to Licensee, any ownership, right and title to the Software. All New
Product(s) which may be created or produced by the Licensee by its use of the Software shall be
the sole property of Licensee. Notwithstanding the foregoing, Licensor shall retain all right, title
and proprietary interest in and ownership of the Software.

3.02 The Licensee acknowledges and agrees that it shall not at any time reproduce the
Software or modify the Software in any way, shape or form save and except for in accordance
with the provisions of this Agreement. The Licensee further agrees that it shall not infringe on
the intellectual property rights of the Licensor in respect of the Software.

3.03 The Licensor hereby grants the right to the Licensee to make ___________ (__) copy(s)
of the Software, solely for the purpose of archival or back-up purposes. Any of the terms and
conditions contained herein in respect to the reproduction and distribution of the Software shall
apply to the copy(s) made by Licensee. In the event Licensee copies the Software for any other
purpose, such action shall be considered as a breach of this Agreement.


IV.    LICENSING FEES

4.01 Licensee shall pay to the Licensor a one-time Licensing Fee of ___________ ($______)
Dollars (the “Licensing Fees”) which shall be paid by the Licensee upon the Licensee receiving
Software in [insert the format in which the Software is to be delivered].

4.02 The Licensing Fee shall be paid by way of cash, certified check, bank draft, money order,
wire transfer or direct deposit or by such other means as the Licensor and the Licensee in writing
may agree.


V.     LIMITED WARRANTY

5.01 Licensor hereby warrants to the Licensee that any disc or hard drive, or other delivery
format, which contains the Software and which is provided to the Licensee shall be free and clear
from any and all defects in material and workmanship. This warranty shall be limited for a
period of ___________ (_ _) days from the date Licensee receives the Software from Licensor.
Replacement Software will be warranted for the remainder of the original limited warranty
period or __________ (___) days, whichever is longer.


VI.    TERMINATION

This Agreement may be terminated without further notice in the event of a breach of the terms,
conditions or provisions contained in this Agreement.



© Copyright 2011 Docstoc Inc.                                                           3
VII.    DISCLAIMER OF WARRANTY [optional]

The Software provided by Licensor to the Licensee is provided on an “as is” basis without any
warranties, express or implied of any nature or kind whatsoever and for no particular purpose.
The Licensor does not warrant the fitness of the Software for any particular purp
				
DOCUMENT INFO
Description: This agreement is made between a licensor and a licensee whereby the licensor grants the licensee a non-exclusive, non-assignable and non-transferable right to use the licensor’s software. The licensee is seeking the right to use the licensor’s software in order to create and develop a new software product. The parties can customize this agreement to specify the term of the agreement, the licensing fees, the warranties, and ownership rights. This agreement can be used by individuals or small businesses that want to grant or obtain the right to use software for the development of a new product.
This document is also part of a package Product Development Kit 71 Documents Included