This document is a beta test agreement between LiquidSpace, Inc. and a recipient, establishing the terms and conditions for the recipient's use of the company's beta service offering. The agreement grants the recipient a nonexclusive, nontransferable license to use the service for the purpose of testing and evaluating it. The recipient agrees to maintain confidentiality of any confidential information shared by the company and to use the information solely for evaluating the service. The recipient's obligations regarding confidentiality terminate under certain circumstances. The recipient is prohibited from making, using, or selling any product derived from the confidential information or the service. The agreement also includes disclaimers of warranty and liability on the part of the company. The recipient's obligations under the agreement survive its termination, and the agreement is governed by the laws of California.
Key concepts
The top 5 concepts addressed in this beta test agreement are:
1. Non-Disclosure: The agreement requires the recipient of the beta service to maintain strict confidentiality and not disclose any confidential information to any third party without written approval from the company.
2. Limited License: The agreement grants the recipient a nonexclusive, nontransferable license to use the beta service for the purpose of testing and evaluating it. The license is limited to the designated period set by the company.
3. Ownership Rights: The agreement states that the recipient does not acquire any ownership rights to the confidential information disclosed or to any intellectual property associated with the beta service. The recipient is prohibited from using, selling, or creating derivative works from the confidential information or the service.
4. Disclaimer of Warranty: The agreement clarifies that the beta service is a test product and may not function properly. The recipient acknowledges and accepts that the service is provided "as is" without any warranty. The company and its licensors disclaim all warranties, express or implied.
5. Limitation of Liability: The agreement limits the company's liability for any damages arising from the beta service or the agreement. The recipient agrees that the company and its licensors will not be liable for any indirect, incidental, consequential, punitive, or exemplary damages. The company's aggregate liability is capped at $50.00 or the amount the recipient actually paid under the agreement.
How to use
1. Review the agreement: Read through the agreement carefully to understand the terms and conditions outlined within it.
2. Customize the agreement: Fill in the blanks and make any necessary modifications to tailor the agreement to your specific needs and circumstances.
3. Seek legal advice if needed: If you are unsure about any aspect of the agreement or need further clarification, it is recommended to consult with a lawyer to ensure the agreement meets your requirements and protects your interests.
4. Obtain signatures: Once you are satisfied with the customized agreement, provide a copy to the other party involved and request their signature.
5. Retain a copy: Keep a copy of the signed agreement for your records.
Customize the following
The fields that need to be filled in for this Beta Test Agreement are as follows:
- The recipient's name, which goes in the blank after "Recipient"
- The company's name, which goes in the blank after "Company"
- The designated period of testing and evaluating the service, which goes in the blank after "a period designated by the Company"
- The recipient's name and the date the agreement is being executed, which are filled in at the end of the document before the signature line.
Note: This is not an exhaustive list and there may be additional fields or information that need to be filled in depending on the specific circumstances and requirements of the agreement. It is always recommended to consult with an attorney to ensure that all necessary information is included in the agreement.