Drafts Software and POS System License Agreements for proprietary software use between licensor and licensee. Covers license grants, financial terms, IP, PCI-DSS data security, SLAs, and termination. Use when drafting POS software licenses, SaaS subscriptions, franchise technology licenses, or software distribution agreements.
Drafts Software and POS System License Agreements for proprietary software use between licensor and licensee. Covers license grants, financial terms, IP, PCI-DSS data security, SLAs, and termination. Use when drafting POS software licenses, SaaS subscriptions, franchise technology licenses, or software distribution agreements.
Licensee feedback assigned to licensor without compensation
Licensee business data remains licensee property; system architecture remains licensor property
5. Confidentiality & Data Protection
Mutual NDA with standard carve-outs; survives termination (specify duration)
POS-specific:
PCI-DSS compliance for payment card data
Encryption in transit + at rest
Breach notification timeline and procedure
GDPR/CCPA: identify controller vs. processor; include DPA if required
6. Warranties & SLAs
Limited warranty (typically 90 days): software substantially conforms to specs. Exclusive remedy: defect correction, then refund if correction not commercially reasonable.
POS performance SLAs (if applicable):
Metric
Target
Remedy
Uptime
99.X%
Service credits
Transaction speed
< X seconds
Escalation
Support response
X hours
Penalty/credit
Disclaimers: disclaim implied warranties (merchantability, fitness, non-infringement) to maximum extent permitted. No warranty of uninterrupted/error-free operation.
Post-termination: cessation of usage rights, return/destroy software and confidential info, final payment, POS deactivation, data migration transition period, prorated refunds (if without cause), early termination penalties (if applicable).
Survival: confidentiality, IP ownership, liability limits, indemnification, governing law.
9. Dispute Resolution
Governing law — specified state, exclude conflict-of-laws
Venue — exclusive jurisdiction in designated courts