- April 12, 2021
- Posted by: Nicholas Fitch
Termination – Under what circumstances can the licence be terminated by the parties? Yes, yes. The “Guarantees” section confirms that “complex software is never completely free of errors, errors and errors.” How are royalties structured under the software licensing agreement? Of course, different licensees will have different loading models. The model proposed in the model agreement should therefore require at least some modifications. Given this restriction, the proposed royalty model is as follows: the licensee pays the licensee an agreed fee (or an agreed fee per authorized user or per installation) for each defined period (for example. B calendar months) during the term of the contract. If the defined period is partly outside a calendar month, it is up to the licensee to provide the tax. The licensee must act reasonably. The fee may also vary by the licensee, but as an option, these differences may be capped (for example. B in RPI increases).