Licensing Agreement

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Licensing Agreement

LICENSING CONTRACTUAL AGREEMENT

PARTIES

  • This Licensing Contractual Agreement (hereinafter referred to as the “Agreement”) is entered into on (the “Effective Date”), by and between Licensor (as per stated T and C of Logix), (hereinafter referred to as the “Licensor”) and Licensee  (as per stated T and C of Logix)  (hereinafter referred to as the “Licensee”) (collectively referred to as the “Parties”).<The parties are not stated in this agreement as this is a online software licenses and does not require the stated parties signature>

LICENSE GRANT

  • The Parties agree that the Licensee will be granted a non-exclusive and a non-transferable license by the Licensor for the use of Logix solution software for their organization as stated in this Agreement.

LICENSE

  • The Parties agree that the Licensee will only use the License for the following purposes:

 

  1. The use of Logix solutions software for supply chain/ freight mangement solution (FMS) for freight planning, deployment and execution

__CHARGES

  • The Licensee hereby agrees to pay the Licensor an amount of ________________________ for the license charge.

LICENSEE’S OBLIGATIONS

  • The Parties agree that the obligations of the Licensee are as follows:
  1. To use the license only for the reasons specified and by specified personnel in this Agreement;
  2. Not to distribute or sub-license to a third party;
  3. Not to create any copies of the license without a written consent from the Licensor;
  4. Not to modify/ create/ copy/ misuse the software for unintended purpose.
  5. To strictly abide by the Terms and conditons set by Logix as per T and C on website.
  6. Not to allow any unauthorized use of software

 

TERMINATION

  • This Agreement may be terminated in case the following occurs:
  1. Immediately in case one of the Parties breaches this Agreement.

 

  1. By providing a written notice to the other party at least 90 days prior to the intended termination.

CONFIDENTIALITY

  • During the Term and for a period of 3 years thereafter, the Parties agree to maintain in confidence all information, software design or in any form disclosed that is identified as, or acknowledged to be, confidential at the time of disclosure (the “Confidential Information”), and shall not use, disclose or grant the use of the Confidential Information.

AMENDMENTS

 

  • The Parties agree that any amendments made to this Agreement must be in writing where they must be signed by both Parties to this Agreement.

 

  • As such, any amendments made by the Parties will be applied to this Agreement.

SEVERABILITY

  • In an event where a provision of this Agreement is found to be void and/or unenforceable by a court of competent jurisdiction, then the provisions remaining will continue to be enforced.

DISPUTE RESOLUTION

  • Any dispute and/or difference arising out of or related to this Agreement will be submitted to Court of Singapore for (Arbitration/mediation/negotiation) according to, and subject to the laws of      

GOVERNING LAW

  • This Agreement will be governed by and construed according to the laws of

 

ENTIRE AGREEMENT

  • This Agreement is complete and with respect to the subject matter herein, supersedes all and any prior agreements, understandings, and conditions, expressed or implied, written or oral, of any nature with respect to the subject matter herein.

 

  • The expressed terms control and supersede any course of performance and/or usage of the trade inconsistent with any of the terms herein.

 

SIGNATURE AND DATE

  • The Parties hereby agree to the terms and conditions set forth in this Agreement and such is demonstrated throughout their signatures are not required. The parties are not stated in this agreement as this is a online software licenses and does not require the stated parties signature.

 

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