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Software License Liquidated Damages Clauses
Understanding the Intellectual Property License 2017
Understanding the Intellectual Property License 2013
Book Publication Date:
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.
Contract Clauses, Annotated Forms
PLI Item #:
"software license and services agreement"
"payable by licensor"
"payable by customer"
"termination in lieu of liquidated damages"
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