Canadian software publishers, write a Letter of Intent to Grant a Perpetual Software License to a distributor or other licensee with this easy-to-use template.
The letter summarizes the discussions between the parties prior to signing a legally binding License Agreement. Key points of the Letter of Intent include:
- purchase price and method of payment,
- ownership of modifications and upgrades to the software,
- restrictions on sublicensing by the licensee, so as not to compete with the business of the licensor,
- exchange of mutual confidentiality agreements,
- the parties agree not to solicit employees or customers of the other party.
This
Canada Letter of Intent to Grant Perpetual Software License is provided in MS Word format, and is fully editable to fit your specific circumstances.