Terms Of Agreement Clause

It may seem obvious, but your company could be held liable if a user expects the terms and conditions to never change and you introduce new terms in the future. As a general rule, ITAs are effective until termination and give the licensee a permanent right to use the software. Agreements rarely define the software version. However, it may be preferable to grant an indefinite license to a given version, set the rights to subsequent updates and maintenance packages, and set the price of those versions. It is customary for most commercial contracts to include a termination clause allowing the parties to terminate the contract before the expiry of the contractual term. The clause defines automatic triggers allowing the immediate termination of the contract or termination. .

Comments are closed.
Central Victorian Primary Care Partnership acknowledges the traditional owners on whose land we live and work, their rich culture and spiritual connection to country. We pay our respects to Elders past and present and celebrate their living culture and unique role in the life of our catchment.

website by