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SOFTWARE LICENCE RENTAL AGREEMENT

This document describes an agreement between PROCON CONSTRUCTION SYSTEMS ("PROCON") and ........................................................................... ("USER") for the provision of a Single/Multi-user licence for ...........................................................................

  1. PROCON will supply the program disk(s) and software manual(s), hotline telephone support and copies of any updates to the program or manuals during the term of the agreement. The USER is granted a licence to use the materials during the term of the agreement. Title to all material will remain with PROCON.

  2. The monthly rental is 8% of the LICENCE COST payable monthly in advance.

  3. The MINIMUM rental period is three months and the first payment for this amount is payable when the rental agreement is signed.

  4. After the minimum rental period, the agreement may be terminated by the USER at any time by returning ALL program disk(s) and manual(s) to PROCON by prepaid and receipted delivery. The material must be accompanied by written confirmation from the USER that all copies of the program have been destroyed and use of the materials has ceased.

  5. During the first twelve months of the term of the rental, 50% of rentals will be credited against the licence cost should the USER choose to convert the rental to a purchase agreement. Conversion becomes effective on payment of the outstanding balance of the licence fee. No conversion credit applies to late payments.

  6. Late payments are subject to an agreed cumulative interest charge of 2% per month. Additionally, if a payment is not received within 7 days of due date then PROCON may terminate the agreement forthwith. The USER will then immediately surrender all copies of the program(s) and manual(s), pay rental until the time the material is returned and reimburse PROCON for all costs incurred in collecting outstanding amounts owed.

  7. The terms and conditions of the standard single user licence shall also apply to this agreement where they are not inconsistent with the above clauses,

 

The LICENCE COST is        $......

The monthly rental is 8% x $......  = $......

The first payment of              3 x $......  = $...... was

received and the agreement came into effect on .../.../20...

 

.........................(USER)  .......................(PROCON)

Dated       .../.../20...        Dated     .../.../20...

PROCON CONSTRUCTION SYSTEMS
3/5-7 Victoria Parade, MANLY NSW 2095, AUSTRALIA
Tel: +61.2.9977.6863
Email: Information      Sales      Support

PROBID, PROBILL, PROCOST, PROPLAN and PROCALC are all PROCON trademarks.
Last modified: 16 February 2016
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