Form B.1

Software License and Services Agreement (Annotated)

The model license that follows is not intended to be used verbatim. Instead, it is intended to be used as a guide to potential clauses that may be included in an agreement while providing an explanation of the ramifications of including such clauses.

CONTENTS

1.Definitions

1.1Acceptance

1.2Affiliate(s) or Affiliate Company

1.3Consolidated Net Worth

1.4Critical Error(s)

1.5Custom Software

1.6Deliverable(s)

1.7Direct Damages

1.8Divested Business

1.9Documentation

1.10Error(s)

1.11Functional Specifications

1.12Hardware

1.13License(s)

1.14Object Code

1.15Open Source Materials

1.16Performance Standards

1.17Regulatory Requirements

1.18Services

1.19Site

1.20Software

1.21Software Acceptance Plan

1.22Source Code

1.23Standard Software

2.Scope of This Agreement

2.1Scope

2.2Turn-key Basis

2.3Modification of Delivery Date

3.Software and Services

3.1License Grant

3.1.AExclusive License Grant

3.1.BRight to Copy

3.2Software Related Materials

3.3No Licenses

3.4Reverse Engineering

3.5Ownership of Materials

3.6Third Party Access

3.7Service Locations

3.8Improvements and New Technology

3.8.1Continuous Improvement

3.8.2New Technology and Reengineering

3.9Customer Authorized User Satisfaction

3.9.1Baseline Customer Authorized User Satisfaction Survey

3.9.2Customer Authorized User Satisfaction Survey

3.10Data Maps

3.ACommitment to Research and Development

3.BService Level Standards

3.B.1General

3.B.2Service Level Credits

3.CLiquidated Damages

3.C.1Liquidated Damages Payable by Licensor

3.C.2Liquidated Damages Payable by Customer

3.C.3Payment of Liquidated Damages

3.C.4Termination in Lieu of Liquidated Damages

4.Term of Agreement and License

4.1Term of Agreement

4.1.ATermination without Cause

4.1.BTermination upon Acquisition by XYZ Software Company

4.2Term of Licenses

5.Events of Default and Remedies

5.1Events of Default

5.2Rights and Remedies of Licensor upon Default of Customer

5.3Rights and Remedies of Customer upon Default of Licensor

5.3.1General

5.3.2Right to Set Off

5.3.3Transition Rights

5.3.4Specific Performance

5.3.5Cover

5.3.6Access to Source Code

5.3.7Licensor Employees and Contractors

5.4Attorneys’ Fees

5.5Services Not to be Withheld

5.5.1Prohibition

5.5.2Termination

5.5.3Injunctive Relief

6.Delivery of Deliverables—Risk of Loss—Title

6.1Delivery by Licensor of Deliverables

6.2Risk of Loss of Deliverables

6.3Title to Standard Software

6.4Title to Custom Software

6.5Title to Hardware

6.6Title to Documentation, Contractual Documents, and Deliverables

7.Acceptance of Software and Services

7.1Acceptance Tests

7.2Failure to Comply

7.3Deemed Acceptance

8.Price and Payments

8.1Price

8.1.A Remote Network Connectivity

8.2Cash Advances

8.3Payments to be Made with Respect to Deliverables

8.4Adjustment of Prices

8.4.AFees Charged by Licensor

8.5Interest

8.6Taxes

8.6.ATaxes

8.6.A.1Responsibility

8.6.A.2Taxes on the Services

8.6.A.3Cooperation to Minimize Tax Liability

8.7Disputed Amounts

8.8Discounts

8.AMost Favored Customer

8.BBenchmarking

8.B.1Benchmarking Procedures

8.B.2Licensor Review of Benchmarking Results

8.B.3Customer’s Acceptance or Rejection of Licensor’s Plan

8.CCPU License

8.DCPU Upgrade

8.ETransfer Fees

8.FService Fees

8.F.1Fixed Fee Services

8.F.2Time-and-Materials Services

8.GCustomer Credit Risk

8.HParent Company Guarantee

8.ICustomer Royalty

8.I.1Fee

8.I.2Fee Cap

8.I.3Payment

8.I.4Audit

8.JReports, Payments, Accounting, and Inspections

8.J.1Periodic Accounting Reports

8.J.2Payments

8.J.3Books and Records

8.J.4Audit

8.J.5Inspections by Licensor

9.Personnel, Management, New Projects, and Testing

9.1Cooperation with Customer

9.2Licensor Personnel

9.2.1General

9.2.2Licensor Services Manager

9.2.3Licensor Services Support Team

9.2.4Licensor Technical Support Team

9.3Selection and Continuity

9.3.1Selection

9.3.2Continuity

9.3.3Succession Plan

9.4Replacement

9.5Customer Personnel

9.6Meeting and Reports

9.6.1On-site Readiness Meetings

9.6.2Contract Management Meetings

9.6.3Planning/Review Meetings

9.6.4Reports

9.7Administration of the Agreement

9.8Change Order Procedure

9.8.AMandatory Changes

9.8.A.1Commencement of Required Changes

9.8.A.2Significant Event

9.8.A.3Changes in Law

9.9New Projects

9.10Testing Process

9.11Time Tracking

9.12Competitors

9.13Audit/Quality Control

9.14Non-solicitation of Employees

9.15Approval of Subcontractors

9.16Screening of Licensor Personnel

9.17Licensor Management

9.18Technology Changes

10.Involvement of Customer Employees in Licensor’s Team

10.1Involvement of Customer Employees/Consultants in Licensor’s
Development Team

10.2Involvement of Customer Personnel in Licensor’s Integration and Acceptance Team

10.3General

11.Support and Maintenance Services

11.1Training Services

11.2Installation Services

11.3Hardware and Software Support Services

11.4Additional Support Services

12.Proprietary Rights, Confidentiality, and Security

12.1Ownership of Intellectual Property

12.2Confidential Information

12.3Privileged Information

12.4Return of Confidential Information

12.5Notification Obligation

12.6Non-Aggregation of Data

12.7Residuals

12.8Employee/Agent Acknowledgment

12.9Survival; No Limitation of Liability

12.10Customer Information

12.11International Privacy Laws

13.Reproduction of Documentation, Object Code, and Source Code

13.1Documentation

13.2Object Code

13.3Source Code

14.Patent and Other Proprietary Rights Indemnification

14.1.ALanguage that Favors Licensor

14.A.1Third Party Infringement Claims

14.A.2Conditions

14.A.3Licensor’s Options

14.A.4Exclusions

14.A.5Entire Liability

14.1.BLanguage that Favors Licensee

14.B.1Indemnification

14.B.2Exclusions

14.B.3Defense of Third Party Suits

14.2Assumption of Defense

14.3Cessation of Fees

14.4Licensee Indemnification of Licensor

15.General Indemnity

15.1Indemnity

15.2Assumption of Defense

16.Warranty and Warranty Disclaimer

16.1Licensor Warranties

16.1.1General Warranties

16.1.2Operation of Software

16.1.3Remedy

16.1.4Warranty Disclaimer

16.1.4.AUCITA Warranty Disclaimer

16.1.5Voiding of Warranties

16.ASystem

16.BSoftware Performance

16.CServices

16.DDocumentation

16.EDefects

16.FInterfaces

16.GOpen Architecture/Open System

16.HCompatibility

16.IFuture Compatibility

16.JData Integrity

16.KSoftware Obsolescence

16.LDisabling Code

16.MRegulatory Requirements

16.NMedia

16.OIntellectual Property

16.PThird Party Warranties and Indemnities

16.QISO 9001

16.RAuthority

16.SPending Litigation

16.TChange of Control

16.UMaterial Misstatements or Omissions

16.VFitness for a Particular Purpose

16.WPrivacy/HIPAA

16.XData Transfer

16.YGifts and Gratuities

16.ZCustomer Complaints

16.AAOpen Source Software

16.ABLocation of Performance

16.ACUsability of Source Code

16.ADSecurity

16.AERepresentations Made in RFI and RFP

16.AFDebarment

16.AGRecording Devices

16.AHDrug Testing/Criminal Background Investigation

16.2Customer Warranties

16.2.1Authority

16.2.2Conflict with Other Agreements

16.2.3Financial Ability

17.Limitation of Liability

17.1Disclaimer of Liability

17.2Limitation of Liability

17.3Items Not Considered Damages

17.4Acknowledged Direct Damages

18.Obligations that Survive Termination

19.Error Correction under Warranty

19.1Notification of Errors

19.2Correction of Errors

20.Right to Move [If Applicable]

21.Customer Preparation

22.Assignment and Transfer

22.1Prohibition on Assignment

22.2Remedy

22.3Transfer

23.Amendments, Modifications, or Supplements

24.Independent Contractor

25.Compliance with Laws/Changes in Laws

26.Security, Access, and Safety Requirements

27.Releases Void

28.Governing Law and Venue

28.1Governing Law and Venue

28.1.AAlternating Venue
28.1.B Alternative Language for Differing Venues Based on Trade Secret Concerns

28.1.C Alternative Language for Opting Out of the United Nations Convention on Contracts for the International Sale of Goods

28.2UCITA Disclaimer

28.3Applicability of Uniform Commercial Code

29.Non-Binding Dispute Resolution

29.1Manager Level Performance Review

29.2Executive Level Performance Review

29.3Voluntary, Non-Binding Mediation

29.4Continued Performance

29.5Equitable Relief

30.Arbitration

30.1Binding Nature

30.2Escalation Procedure

30.3Filing of Claim

30.4General Rules

30.5Discovery

30.6Decision

31.Waiver of Breach

32.Waiver of Right to Jury Trial

33.Force Majeure

34.Bonds

34.1Performance and Payment Bonds

34.2Requirements

35.Business Continuity Plan (Disaster Recovery) [If Applicable]

36.Covenant of Good Faith

37.Time Is of the Essence

38.Insurance

39.Third Party Software

40.Third Party Beneficiaries

41.Outsourcing

42.Divestiture and Transition

42.1Divestiture

42.2Transition

43.Export

44.Publicity and Use of Customer Marks

44.1Publicity

44.2Use/License of Customer Marks

45.Appointment of Agent for Service of Process

46.Electronic Transfer of Intellectual Property

47.Electronic Documents and Transmissions

48.Liens

49.Legal Fees

50.Mandatory Reference

51.No Construction against Drafter

52.Notices

53.Background, Enumerations, and Headings

54.Incorporation of Appendices and Exhibits

55.Severability

56.Counterparts

57.Facsimile Execution

58.Entire Agreement

59.Contingent Agreement

APPENDICES AND EXHIBITS REFERENCED
IN SOFTWARE LICENSE

Appendix 1.2Affiliates

Appendix 1.5Custom Software

Appendix 1.6Deliverable(s)

Appendix 1.11Functional Specifications

Appendix 1.12Hardware

Appendix 1.21Software Acceptance Plan

Appendix 1.23Standard Software

Appendix 3.1Central Processing Units

Appendix 3.BService Level Standards and Credits

Appendix 3.COn-site Inspection Certificate

Appendix 5.3.6Source Code License Terms

Appendix 8Model Pricing Schedule for Time and Materials Contracts

Appendix 8.CCPU License Fees

Appendix 9.2Key Personnel

Appendix 9.2.3Information Technology Support and Maintenance Services

Appendix 9.6.1Expense Guidelines

Appendix 9.6.4Performance Reports

Appendix 9.9Project Terms and Conditions

Appendix 11.2Installation Services

Appendix 11.3Hardware and Support Services

Appendix 16.QQuality Standards

Appendix 35Disaster Recovery

Exhibit 7.1Certificate of Acceptance

Exhibit 8.HForm of Parent Guarantee

Exhibit 9.15Confidentiality and Nondisclosure Agreement

Exhibit 16.CStandards of Conduct

Exhibit 34Form of Performance Bond and Payment Bond

Exhibit 43Letter of Assurance

APPENDIX ACustomer Affiliates

APPENDIX BPrice Schedule

Software License and Services Agreement

THIS SOFTWARE LICENSE AND SERVICES AGREEMENT is made this _____ day of _____, 20__ by and between ______, a ______corporation with its principal address at______(hereinafter “Licensor”) and ______, a ______corporation with offices located at ______(hereinafter “Customer”).

Who are the appropriate contracting entities?

Who is the Customer? Is the Customer financially stable and able to pay Licensor, or is a parent guarantee needed? (See Section 8.H, the signature line and Form O.1)

Is a parent guarantee or performance bond needed to ensure the Licensor’s performance? (See Sections 8.H and 34)

Consider the Licensor’s and Customer’s addresses as they may have income tax implications for the Licensor, sales tax implications for the Customer, and impact any dispute over venue and governing law.

Background

Licensor has developed and owns certain proprietary software for use in the ______industry. Customer desires to obtain a license to use such software and have Licensor develop certain modifications and enhancements for such software. Licensor desires to license such software to Customer and perform the services on the terms and conditions set forth herein.

Think carefully about the wording contained in any recital, as the laws of some states such as Michigan treat recitals involving a statement of fact as conclusive evidence of the facts stated. See, Detroit Grand Park Corp. v. Turner, 25 N.W.2d 184 (Mich. 1946).

Avoid incorporating by reference the Customer’s RFP or the Licensor’s RFP response as this may create an internal conflict with the terms of the Agreement and the functional specifications contained in the Agreement.

IN CONSIDERATION of the foregoing and the mutual covenants set forth herein, and intending to be legally bound, the parties agree as follows:

Alternatively:

NOW, THEREFORE, in consideration of the foregoing Recitals, which shall
be deemed to be a substantive part of this Agreement, and the mutual covenants, agreements, representations, and warranties hereinafter set forth, the parties hereto do hereby agree, as follows:

Licensors should be hesitant to accept language acknowledging the recitals to be a substantive part of the agreement. From the customer’s perspective if the licensor is willing to acknowledge the facts of the recitals, it should be willing to stand behind such statements. The risk to the licensor is that the recitals are now part of the agreement even in those states that have not adopted the position of Michigan.

1.Definitions

Whenever used in this Agreement, any Schedules, Exhibits, or Addenda to this Agreement, or the Source Code Escrow Agreement, the following terms shall have the meaning ascribed to them below. Other capitalized terms used in this Agreement are defined in the context in which they are used and shall have the meanings ascribed therein. The terms defined in this Schedule include the plural as well as the singular.

See Form Q.1 for additional and/or alternative definitions that may be more applicable for your transaction.

1.1Acceptance for the System shall occur only when: (a) Licensor has provided to Customer all Deliverables required to be provided to Customer; and (b) (i) Customer notifies Licensor in writing that all testing for the System has been completed successfully in accordance with the terms of this Article, or (ii) Licensor provides to the applicable Customer Project Manager a written notice of completion stating that all Critical Defects and Medium Defects have been corrected. Nothing else, including Customer’s use of the System, or any portion thereof, in a live, operational environment, shall constitute Acceptance (under contract law or the Uniform Commercial Code of [STATE]) of any portion of the applicable system.

1.2Affiliate(s) or Affiliate Company shall mean those companies that are initially listed on Appendix 1.2 attached hereto, which may be amended from time to time with the prior written consent of an authorized executive officer of Licensor.

Think about who is going to be able to use the Software and how the usage by those entities may affect Licensor’s revenues and pricing. The Customer may want to provide software to all of its “Affiliates” including those overseas. The licensor will often want to restrict the license to the Customer alone or to the Customer’s then existing “Affiliates” who are listed on an attached Appendix. By listing the Affiliates, the Licensor is able to limit the license to a finite number of entities avoiding any potential misunderstanding as to who is included. The Customer may not add an entity to the list of Affiliates without Licensor’s permission. The breadth of this definition is often an element of price. In addition to pricing concerns, the Licensor may want to limit use of the software to ensure compliance with U.S. export laws.

1.2.AAffiliate shall mean, as to a Party, any other Person that directly or indirectly controls or is controlled by such Party. The term “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”) as applied to any Person means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities or other ownership interest. For the purposes of this definition, “Person” means any individual, partnership, corporation, limited liability company, unincorporated organization or association, any trust, or any other business entity.

The definition of “Affiliate” set forth in Section 1.2.A offers greater flexibility to reflect the ever changing nature of a large corporation’s relationship with its affiliates. The definition of “Affiliate” is not fixed as of a particular time allowing additional users without modifying the license agreement. This definition more closely tracks the definition of affiliates used under the securities laws and from a Securities and Exchange Commission perspective.

1.3“Consolidated Net Worth”means, at any time, (a) the total assets of the Customer [and its Affiliates] that would be shown as assets on a consolidated balance sheet of the Customer [and its Affiliates] as of such time prepared in accordance with GAAP, after eliminating all amounts properly attributable to minority interests, if any, in the stock and surplus of Affiliates, minus (b) the total liabilities of the Customer and its Affiliates that would be shown as liabilities on a consolidated balance sheet of the Customer and its Affiliates as of such time prepared in accordance with GAAP.

1.4Critical Error(s) shall mean a failure of the Software that severely impacts Customer’s ability to provide service or has a significant financial impact on Customer for which an alternative temporary solution or work around [acceptable to Customer] may not be accomplished.

This definition favors the Customer as it includes not only those errors that impact Customer’s ability to provide services but also any that have a “financial impact” on the Customer.

1.5Custom Software means those Deliverables that are classified in Appendix 1.5 hereto as Custom Software, as well as the documentation related thereto; an exhaustive list of Custom Software is set forth in Appendix 1.5 hereto.

1.6Deliverable means the Hardware, Software, and Documentation to be delivered hereunder; an exhaustive list of all Deliverables is set forth in Appendix 1.6 hereto.

1.7Direct Damages means the damages incurred by the claiming Party to this Agreement directly resulting from a breach of this Agreement by another party to this Agreement and specifically excludes: (a) loss of interest, profit, or revenue; failure to achieve cost savings or business interruption and (b) any incidental, consequential, punitive, multiple, or indirect damages of any kind or nature. Direct Damages include by way of example but without limitation, (i) the costs incurred by Customer to obtain software or services that are the same as or substantially similar to (but not broader in scope than) the Software or Services being replaced, that is, the charges to be paid to another services provider(s) to the extent such costs are commercially reasonable and exceed the Fixed Charges hereunder for such Software or Services; (ii) the costs to correct any deficiencies in the Software or Services rendered that result in a failure of the Deliverables to meet Service Levels or the specifications set forth in the applicable Statement of Work, after Licensor has failed or refused to correct such deficiencies; (iii) the costs incurred to transition the Software or Services to another provider(s) of services; (iv) any payments, fines, penalties, or interest imposed by a governmental body or regulatory agency for failure to comply with requirements or deadlines; and (v) the reasonable out-of-pocket costs and fees incurred by Licensor to collect from Customer any fees payable to Licensor under the Agreement.

Alternatively the parties may want to include a section similar to Sections 17.3 and 17.4

1.8Divested Business means any business unit, as determined by Licensee, that Licensee sells or of which it otherwise transfers the assets or ownership. The term “Divested Business” shall mean such business unit or the acquirer thereof, as applicable.

1.9Documentation means collectively: (a) all of the written, printed, electronic, or other format materials published or otherwise made available by Licensor that relate to the functional, operational, and/or performance capabilities of the ABC System and/or any Software; (b) all user, operator, system administration, technical, support, and other manuals and all other written, printed, electronic, or other format materials published or otherwise made available by Licensor that describe the functional, operational, and/or performance capabilities of the ABC System and/or any Software including but not limited to the Functional Specifications and Software Acceptance Plan; and (c) any other Deliverable that is not Hardware or Software. Documentation shall not include Source Code.

1.10Error(s) shall mean a failure of the Software to substantially conform to the Documentation or the Functional Specifications, which materially impacts the Software’s operational performance or functional performance.

The definition of “Error” is written to recognize that software by its nature is imperfect. The Customer, however, may want a tighter definition to ensure the software’s performance meets the Customer’s needs.

1.11Functional Specifications shall mean those specifications to which the Software shall conform as set forth Appendix 1.11.

The Functional Specifications should be set out in detail prior to execution of the Agreement to avoid later disagreements. Agreement in advance may not be feasible depending on the nature of the development undertaken by Licensor. Without agreeing upon the Functional Specifications, the Licensor cannot give the Customer a fixed price for any software development. At the same time, it is unwise for either party to agree to a fixed price with the intent on negotiating the Functional Specifications later.

1.12Hardware means those Deliverables that are classified in Appendix 1.5 hereto as Hardware, as well as the documentation furnished therewith in the normal course of business; an exhaustive list of Hardware is set forth in Appendix 1.12 hereto.

1.13License(s) shall mean any personal, nonexclusive, nontransferable, non-assignable license or licenses for Customer’s internal use only granted by Licensor to Customer to use the Software under this Agreement.

1.14Object Code shall mean the binary machine-readable version of the Software.

1.15“Open Source Materials” shall mean any software, library, utility, tool, or other computer or program code (collectively, “Code”) that is licensed or distributed as “free software,” “freeware,” “open source software,” or under any terms or conditions that impose any requirement that the Code or any software using, linked with, incorporating, distributed with, based on, derived from or accessing the Code: (i) be made available or distributed in source code form; (ii) be licensed for the purpose of making derivative works; (iii) be licensed under terms that allow reverse engineering, reverse assembly or disassembly of any kind; or (iv) be redistributable at no charge. Open Source Materials include without limitation any Code licensed or distributed under any of the following licenses or distribution models or similar licenses or distribution models: the GNU General Public License (GPL), GNU Lesser General Public License or GNU Library General Public License (LGPL), Mozilla Public License (MPL), BSD licenses, the Artistic License, the Netscape Public License, the Sun Community Source License (SCSL) the Sun Industry Standards License (SISL) and the Apache License).