Define how software and associated intellectual property may be used commercially with Sikunyana Inc.’s Software Licensing Agreement Template for South Africa. This template provides a starting point for an exclusive licensing arrangement between an intellectual property owner and a business incorporating that property into its products, services or technology solutions.
Document permitted use, revenue-based royalties and quality standards while recording that ownership remains with the licensor.
What the agreement covers:
Licence scope: Exclusive usage rights, territory, duration and restrictions on transferring or sublicensing rights.
Intellectual property ownership: Retention of ownership by the licensor and the rights granted to the licensee.
Royalties and records: Revenue-based payments, sales records and audit provisions.
Quality controls: Licensor inspection and approval rights for products incorporating the licensed intellectual property.
Commercial responsibilities: Confidentiality, warranties, indemnities, insurance, termination and dispute resolution.
Suitable for software owners and technology businesses negotiating commercial licensing arrangements. Adapt the identified intellectual property, authorised uses, royalty terms and other commercial details to the transaction.
Add the Software Licensing Agreement Template to your cart and document your next licensing arrangement.