Arkansas Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. Witness Systems, Inc. and Advanced Integrated Recorders, Inc. have entered into a comprehensive software license agreement in the state of Arkansas. This agreement outlines the terms and conditions under which Witness Systems grants Advanced Integrated Recorders the right to use their software products. The Arkansas Software License Agreement defines the relationship between the parties, specifying the scope of software usage, restrictions, and responsibilities. It is crucial for both companies to thoroughly understand and comply with these terms to ensure a smooth and legally compliant software usage. The agreement covers various aspects related to the software, including licensing fees, intellectual property rights, software updates, support and maintenance, confidentiality, and dispute resolution. Here are some key points covered in the agreement: 1. License Grant: Witness Systems grants Advanced Integrated Recorders a non-exclusive, non-transferable license to use the specified software products in Arkansas. The license terms may vary based on the type of software being licensed. 2. Scope of Usage: The agreement defines the specific purposes for which the software can be used and any limitations on the number of users or installations allowed. It also specifies whether the software can be used on a single computer, networked environment, or cloud-based infrastructure. 3. Licensing Fees: The agreement outlines the payment terms, including any upfront fees, annual maintenance fees, or royalties payable by Advanced Integrated Recorders to Witness Systems. The terms may differ depending on the type of software being licensed. 4. Intellectual Property Rights: The agreement clarifies that Witness Systems retains all ownership and intellectual property rights to the software. Advanced Integrated Recorders is prohibited from reverse engineering, modifying, or reselling the software without obtaining prior written consent. 5. Support and Maintenance: The agreement defines the level of technical support and software updates that Witness Systems will provide to Advanced Integrated Recorders. It may specify response times, availability of updates, and the process for reporting and resolving software issues. 6. Confidentiality: Both parties agree to maintain the confidentiality of any proprietary or confidential information exchanged during the license agreement. This ensures the protection of trade secrets, customer data, and other sensitive information. 7. Dispute Resolution: In the event of a disagreement or dispute, the agreement outlines the procedures for resolving the issue, including negotiation, mediation, or arbitration. It may specify the jurisdiction within Arkansas under which any legal actions will be pursued. Different types of Arkansas Software License Agreements between Witness Systems, Inc. and Advanced Integrated Recorders, Inc. may exist based on the specific software products or licensing models involved. These agreements could encompass perpetual licenses, subscription-based licenses, site licenses, or enterprise licenses. The specific terms and conditions contained within each agreement may vary but are essential for defining the rights, obligations, and boundaries of the software usage. It is recommended that both Witness Systems and Advanced Integrated Recorders consult legal professionals to ensure compliance and understanding of the Arkansas Software License Agreement.
Arkansas Software License Agreement between Witness Systems, Inc. and Advanced Integrated Recorders, Inc.
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