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Software License Liquidated Damages Clauses

Description: Liquidated damages clauses are meant to provide a good faith estimate of damages in the event of either party's breach in order to eliminate the need to prove damages. Included here are sample, annotated liquidated damages clauses for a software license and services agreement.
Form Type: Contract Clauses, Annotated Forms
Practice Area: Intellectual Property

Date: Nov 2013
PLI Item #: 60447
Keywords: "intellectual property"; "software license"; patent; trademark; copyright; annotated; "software license and services agreement"; "liquidated damages"; "payable by licensor"; "payable by customer"; "termination in lieu of liquidated damages"
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