SOFTWARE SALES AGREEMENT
KEY PROVISIONS
- Late Payment: 6% per annum statutory rate; up to 12% by contract
- Disclaimer: Va. Code Sections 8.2-316, 8.2-719
- Data Breach: Va. Code Section 18.2-186.6 (without unreasonable delay)
- Privacy: Virginia Consumer Data Protection Act (VCDPA) (effective 2023)
- Trade Secrets: Virginia UTSA (Va. Code Section 59.1-336 et seq.)
- E-Signatures: Virginia UETA (Va. Code Section 59.1-479 et seq.)
- Forum: Virginia (exclusive)
- Jury Waiver: Permitted
EXECUTION
☐ All placeholders completed ☐ Virginia-licensed counsel review