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Executive Summary
This software license agreement between Meridian Solutions Inc. and Vertex Corp. contains several provisions that deviate from market standards. The limitation of liability clause is one-sided, the IP ownership terms are ambiguous, and the auto-renewal notice period is shorter than the industry norm.
Parties
Meridian Solutions / Vertex Corp.
Term
24 months, auto-renewing
Governing Law
Delaware, USA
Total Value
$288,000 / year
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