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Software License Default and Remedy Clauses

Description: A software license and services agreement should clearly specify what actions or failures to act will constitute events of default, and what remedies the non-defaulting party will be entitled to. The clauses included here cover various events of default and potential remedies that may be included in such an agreement. The clauses include annotations to guide the drafter.
Form Type: Clauses, Annotations
Practice Area: Intellectual Property

Date: Nov 2013
PLI Item #: 60449
Keywords: "intellectual property"; "software license"; patent; trademark; copyright; annotated; "software license and services agreement"; "event of default"; remedies; breach; "failure to perform"; "transition rights"; "set-off rights"; "specific performance"; cover; "source code"
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