Key description
- This is an agreement whereby the owner of a suite of software products together with their updates and several versions appoints a distributor to promote, market and sell the said products in a specific territory in return for the payment of royalties on sales to the owner of the products.
Language
Categories
Industries
Covered clausesGeneral
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Definitions
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Appointment and Grant of License
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Customer License Agreements
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Ownership of Intellectual Property
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Distributor's Marketing Obligation
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Additional Obligations of Distributor
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Information Concerning Sales and Support
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Use of Trademarks
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Shipment and Payments
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License Fee Quotas
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Payment and Currency
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Audit
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Vendor's Technical Support
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Warranties
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Disclaimer of Warranty and Limitation of Liabilit
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Vendor’s Intellectual Property Indemnity
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Indemnity by Distributor
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Procedure for Indemnification
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Non-Competition
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Confidentiality
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Term and Termination
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Effect of Termination
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General Provisions
