Future Software definition
Examples of Future Software in a sentence
Customer will then prepare a detailed functional specification and a project timetable specifying dates for completion of the relevant phases of the Future Software Developments based on Savi▇▇▇'▇ ▇▇▇s of effort estimate.
Future Software releases will be backwards compatible and will not result in material degradation of the performance, functionality, or security of such Software.
If Savi▇▇▇ ▇▇ unable, after reasonable best efforts, to correct any Problem with a Software Development or Future Software Development under this warranty, Customer's sole remedy shall be the refund of an amount not to exceed the actual payments received by Savi▇▇▇ ▇▇▇ the hourly fees relating to such non-conforming Software Development or Future Software Development.
The parties shall then agree upon any changes to the functional specification or to the project timetable which may be necessary to enable Savi▇▇▇ ▇▇ complete the Future Software Developments in accordance with both of those documents.
Future Software releases and enhancements will be installed in accordance with the mutual agreement of the parties and are outside the scope of this Agreement.
Customer will initiate Future Software Developments by delivering a draft set of user requirements to Savi▇▇▇ ▇▇▇ailing the general functionality required of the Future Software Developments and any other general requirements to be met.
Customer agrees to provide facilities for Savi▇▇▇, ▇▇e equipment, Billing System and the Future Software Developments, at no charge, and Customer will ensure that Savi▇▇▇ ▇▇▇ sufficient access to such equipment, Billing System and Future Software Developments, so long as the security requirements of Customer are met.
Subject to any then effective statement of work or agreement, work to be performed by Savi▇▇▇ ▇▇ Future Software Developments shall be charged to Customer based on Savi▇▇▇'▇ ▇▇▇rly rates which are from time to time in effect, plus reimbursement for materials and other related expenses incurred by Savi▇▇▇ ▇▇ performing such work.
In addition, the License Agreement will include a clause that provides that if at any time during the term of the license, Licensor develops or creates a software solution that it seeks to commercialize by way of marketing, selling or licensing to a third party (the “Future Software Products”), Licensor must first offer the Future Software Products to the Company on the same terms that Licensor seeks from a third party.
Should the Company be unwilling or unable to enter into an agreement with the Licensor to purchase or license the Future Software Products within 60 days from receipt of written notice of the offer from Licensor, then Licensor may sell or license the Future Software Products to a third party upon the same terms and conditions offered by Licensor to the Company.