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Terms and Condition
1. License: The license terms specify the type of license granted (such as a perpetual license or a subscription license), the number of authorized users, and the limitations on use of the software.
2. Payment: The payment terms specify the fee for the software, the payment schedule, and the conditions for renewing the license or subscription.
3. Maintenance and Support: The maintenance and support terms specify the level of technical support and software updates provided by the vendor, the duration of support, and the conditions for renewing maintenance and support.
4. Confidentiality: The confidentiality terms specify the obligations of the parties to maintain the confidentiality of proprietary information, such as software source code and customer data.
5. Data Security: The data security terms specify the measures taken by the vendor to protect customer data, such as encryption and backup procedures.
6. Warranty: The warranty terms specify the warranty period, the remedies for defects, and the conditions for warranty claims.
7. Limitation of Liability: The limitation of liability terms specify the limits on the vendor's liability for damages, including damages resulting from software defects, data loss, or unauthorized access.
8. Termination: The termination terms specify the conditions under which the agreement can be terminated by either party, such as breach of contract, non-payment, or termination of support.
9. Governing Law: The governing law terms specify the jurisdiction and laws that will govern the agreement.
10. Dispute Resolution: The dispute resolution terms specify the process for resolving disputes between the parties, such as arbitration or mediation.