Software As A Service Contract. This Service Contract Template assumes a pure labor based contract with certain software involved. A Delaware corporation SailPoint with its principal place of business at 11305 Four Points Dr.
And if youre the vendor a license can hurt you. Any software related terms may be deleted if not applicable. The guidance outlines the definition of a subscription-based information technology arrangement SBITA as a contract that conveys control of the right to use a SBITA vendors IT software alone or in combination with tangible capital assets the underlying IT assets as specified in the contract for a period of time in an exchange or exchange-like transaction.
A SaaS agreement is a services contracts pure and simple.
This Service Contract Template assumes a pure labor based contract with certain software involved. SaaS is a service as the name implies and it doesnt need a license. And if youre the vendor a license can hurt you. Yes on the surface Software as a Service contracts look fabulous with vendors like IBM Cognos Anaplan Host Analytics and more as they tout things like 100 availability and 247 and 365 availability and monitoring They also mention your staffing cost could go down as a result of thevendor manages the system.