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We have built a propriety website framework and have just been approached by a company (real estate brokerage) to license our product on a per agent basis. The contract will be between us (the web vendor) and the brokerage (not the individual agents).
Here are some of the terms that I know we want covered. We need you, the expert to also suggest additional licensing language to include. In short, We don't know what we don't know. That's where you come in.
Terms.The contract term needs to be for a minimun of 12 months. We want some language that auto renews on a quarterly basis. We also want 60 days written notice of termination (by either party).
Number of Users: We want to have the contact state that there will be a minimum of 500 agents / seats. Our system will count the number of active sites on the last day of the month and we will then bill them off of the actual number of active seats (unless of course that number is less than 500 and then they would be billed the minimum ...
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