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End-User License Agreement

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Prepared for:
[Licensee Name]

Prepared by:
[Licensor Name]

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End-User License Agreement

This End User License Agreement (hereinafter referred to as the "Agreement") is made and shall be effective as on [Effective Date] (hereinafter referred to as the "Effective Date") 

By and Between 

[Company Name] (hereinafter referred to as the "Licensor") located at [Company Address], and;

[Client Name] (hereinafter referred to as the "Licensee") residing in [Client Address], pursuant to the authorization of all technology, development tools, scripts, graphics, data and animation files, programs, source and object code (hereinafter referred to as the "Software") abiding by the terms as is proposed hereunder. 

Hereinafter, the Licensor and the Licensee shall be collectively referred to as "Parties" and individually as "Party".

THEREFORE, in consideration of the covenants, mutual promises, and Agreements contained herein, the receipt and sufficiency of which are to be acknowledged hereby, the Parties comply with the terms and conditions as proposed below.

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Terms and Conditions

1. License Sanction

With regard to the terms mentioned herein this Agreement, the Licensor agrees and accepts to grant the Licensee an exclusive license and the right to possess a copy of the aforementioned Software for their business purpose only. 

The Licensee shall be able to install the Software and make copies of a maximum of [Number] copies for the similar matter of use. 

2. Rights and Limitations

After the Licensee is provided, the license for the use of the Software, the Licensee shall be responsible for the maintenance of the Software at every [Frequency of Maintenance] upon their sole expense. 

However, the Licensee shall not be granted the rights for reverse engineering, decompiling, or disassembling the Software in any way as a part of the sanctioning of the License, unless the Licensor provides a written consent addressing the same subject hereof. 

The Licensee shall acknowledge that the Licensed Software is considered to be a single product and hence, its components shall not be used for multiple systems.

3. Intellectual Property Rights

The Software, including the images, photographs, animations, videos, vector arts, audio, content, data, object and source code, UI/UX frameworks, algorithms, and documentation are solely owned by the Licensor and thus the Licensee shall be liable for respecting to this term and all other terms in this Agreement and refrain from involving any third-party organization or people in the subject matter hereof without the prior mutual consent and declaration of the same. 

4. Term and Termination

The Agreement shall be enforceable as per the aforementioned Effective Date and thus shall continue to exist in perpetuity. This Agreement shall only be liable to be terminated with the written consent of both the Parties due to breach regarding terms stated hereof or personal vengeance. The Parties shall wind-up all ongoing business and trade [Number] days before the termination date of the Agreement.

5. Obligations

The Parties agree and acknowledge that during the term of this Agreement, the Parties shall gain access to various confidential information, through oral, visual, digital, or through other modes only at the sole discretion of the Licensor, for the development, modification, or innovation of ideas jointly or solely.
The Licensee shall refrain from disclosing any part or all of this confidential information publicly, including any inadvertent disclosure, causing irreparable harm, loss, damage, or injury to the Licensor, and thus, undertakes the responsibility to keep such information confidential unless disclosure is authorized by the Licensor.
Unless authorized, the Licensee shall strictly not produce any disclosure of the aforementioned confidential information.
All products, in soft copy and hard copy, must be returned promptly to the respective Parties upon the termination of this Agreement or cancellation of the Agreement.
The Licensee shall strictly refrain from making unauthorized copies of the aforementioned confidential data and shall not hold any authorization, ownership, or assignment in the confidential information, unless the Licensor grants their sole discretion of the same, sanctioning a written consent introducing the issue.

6. Indemnification

Without any prejudice regarding any other right available to the Licensor in law or under equity, the Licensee shall be responsible in indemnifying, defending, and holding the Licensor, successor, or affiliates harmless from any damages, loss, claims, actions, judgment, penalties, deficiencies, cause of action, or other cost or expenses, that shall include legal and attorney fees and expenses. 

The Licensee hereby acknowledges that a breach in this Agreement is liable to cause a huge and irreparable loss for the Licensor and thus, without prejudice or any other rights, the Licensee agrees that the Licensor is entitled to seek extraordinary relief in legal court, not limiting to specific performance or preliminary or permanent injunctions.

7. Arbitration

In the event of any dispute arising in and out of this Agreement between the Parties, it shall be resolved by Arbitration. There shall be [Number of Arbitrators] Arbitrators which shall be appointed by [Party Name]. The venue of Arbitration shall be [Venue/Location of Arbitration] and the seat shall be [State]. The Arbitrators' decision shall be final and will be binding on both the Parties.

8. Miscellaneous

Governing Law: The Agreement and all the terms contained herein shall be governed by and construed as per the judicature and jurisdiction laws of the state of [State].
Amendment: The terms mentioned herein the Agreement shall not be reformed, modified, or changed without the prior written consent of the Parties respectively.
Counterparts: This Agreement is subject to be executed in counterparts, singly or as a whole, all of which shall constitute the meaning of a single Agreement.
Inclination: The Parties must acknowledge that this Agreement hereinafter is solely for the benefit of the Parties undersigned and serves no inclination to any Party, nor is intended to confer any rights or remedies in favor of any person, party, or affiliate, other than the Parties duly undersigned and their members.
Notices: All notices to the Parties, physical or digital, shall be made to the respective Parties through their certified mailing address or email as is mentioned in the Agreement herein strictly in [Language], refraining from any use of a lewd language.
Entirety: This Agreement and other annexures, therefore, constitute the entire agreement between the Parties concerning the matter of subject hereof and thus, supersedes all prior Agreements, purchases, understandings, and negotiations, written or phonated, between the Parties.

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Acceptance and Signature

In witness whereof, the undersigned Parties have duly executed the terms mentioned herein the Agreement as of the aforementioned date.

Licensor

Licensee

Signature

Assign signer 1

Name

Assign signer 1

Date

Assign signer 1

Signature

Assign signer 2

Name

Assign signer 2

Date

Assign signer 2

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DISCLAIMER: Revvsales, Inc is not a law firm. The content provided herein is for general information purposes only, and does not constitute legal advice. Revvsales, Inc and its partners make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information mentioned hereunder. The use or reliance of any information contained herein is for your personal use and solely at your own risk. You agree to fully release and indemnify Revvsales, Inc from any liability associated with the use of this content. You are advised to obtain independent legal advice before taking or refraining from any action on the basis of the content provided here.