The terms contained in this document are not complete and additional terms should be able to be added and existing terms modified or deleted. If the assurances of one or more of the parties are false on the reference date, all remaining parties may terminate any future agreement without penalty and all instalments must be refunded. No part of this Agreement may be transferred to another party at any time. In the event of the acquisition or acquisition of control of the licensor or licensee by a third party, this agreement shall be angling. PandaTip: The inspection section of this model agreement gives the licensee the right to verify the mentioned software before entering into a formal software license agreement. PandaTip: Since this agreement template is not a contract, it doesn`t need an expiration date. Instead, it accepts the expiration date of a contract that becomes an exhibition. In the “Geographical boundaries” section of the model, the licensor defines the territory in which the licensee is to benefit from exclusive distribution rights. In order to meet reciprocal business requirements, Licensor and Licensee express their intention to agree on the following: This document accurately reflects the understanding between the party that was signed [insert date] CE HEADS OF AGREEMENT (the “Document”) made from [insert date] (the “Performance Date”), PandaTip: Use the model`s price table, to list all the software being considered, as well as the license fees incurred….