subject to the terms and conditions of this agreement, hive9 will make the subscription available to customer over the internet for customer’s use in customer’s internal business only. customer and hive9 must agree in writing to any change proposal in the form of a written amendment to the applicable order form or sow before any such change is effective. unless specified to the contrary in an order form, fees for any renewal term may be increased by hive9 and will be invoiced on the same schedule as in effect for the billing period immediately prior to the expiration of the term. hive9 is not responsible for any damages resulting from customer’s failure to manage the confidentiality of its login id and passwords and customer is responsible for any actions arising out of use or misuse of customer’s login ids. as between customer and hive9, hive9 and/or its licensors are the sole owners of all right, title and interest in and to the hive9 technology.
a saas software license agreement is used when a company's proprietary software is being licensed to a licensee which differs from a regular saas agreement.3 min read a saas software license agreement is used when a company's proprietary software is being licensed to a licensee. why would a saas vendor prefer to grant a license versus authorized access to the software? when a software license agreement is used, the licensor maintains a legal interest in the intellectual property such as: a license grants rights in limited use. they can also be limited as to: this is predicated on the fact the software has to be locally installed or downloaded on the licensee's computer, network, or platform. typically, this type of license doesn't apply to saas agreements since the customer is not installing or downloading the software, but rather remotely logging into the vendor's servers to use the software, typically online. in the event of bankruptcy, a vendor may cease the performance of contractual obligations, which includes any outstanding saas services.
saas agreements come into the picture when a company chooses to license software instead of buying it. software-as-a-service contracts serve as a bridge between what the saas vendor has control over and what your company expects. it is not as simple as it sounds, to ensure compliance and meet obligations from the saas vendor.
by executing the order form, engageware and customer hereby agree to be bound by the terms and conditions of this agreement. 2.3 customer shall own all right, title and interest in and to the customer content and customer does not grant engageware any right, title or interest in such customer content except as necessary for engageware to perform its obligations hereunder. if any such taxes are levied or imposed on any of the transactions arising from this agreement, the customer shall pay the full amount of such taxes (to engageware or the relevant taxing authority, as appropriate), and shall pay to engageware any additional amount necessary to ensure that the net payment, after withholding or deduction of such taxes, shall be no less than the amount due for the transaction under this agreement. this section 8.1 states the sole remedy of customer and the entire liability of engageware with respect to any infringement caused by the use of the product or services. the expiration or termination of this agreement and/or applicable order form for any reason shall not relieve customer of its obligation to pay any amounts due and owing prior to the date of expiration or termination and shall not affect any other rights or liabilities of the parties which may have accrued prior to the date of expiration or termination.
a saas subscription agreement covers the buyer's rights and limitations to use the saas application. saas agreements have an obligation for the saas provider to make its software or application accessible to the customer through the internet. the data the customer supplies will remain the property of the customer, and it should be covered under a data-processing clause. the customer data can be specified to be confidential as a whole. some customers might find a way to leverage their position and try to negotiate this amount up to a multiplier of the amount they paid. speaking from a contractual standpoint, this means the saas vendor would need to accept liability for what could potentially be enormous consequential damages resulting from one of these situations.