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1 Maintained Item

DEFINITION - MAINTAINED ITEM (Party-1 Sells) - What is being maintained?

What is being maintained?

	Software Deliverables. the Software Deliverables.
	Deliverables other than Software Deliverables (e.g., hardware). the following Deliverables: Please specify the maintained Deliverables.
	Software Deliverables and additional Deliverables. the Software Deliverables and the following additional Deliverables: Please specify the additional maintained Deliverables.
	Hosted Service. the Hosted Service.
	I will specify the Maintained Item. What is the Maintained Item?

Yes.

If now or in the future Party-1 will provide Maintenance Services for any hardware Deliverables, then ownership, title to, and risk of loss for spare parts Deliverables, which Party-1 may install in the hardware Deliverables, passes to Party-2 upon installation. For Malfunctioning spare parts that Party-1 removes for purposes of performing the Maintenance Services, ownership, title to, and risk of loss for these Malfunctioning spare parts passes to Party-1 upon removal.

No.

"Maintained Item" means the Software Deliverable(s), additional Deliverable(s), or Service being maintained by the vendor. Typical maintenance involves correcting malfunctions as well as occasionally providing revisions and upgrades.

DEFINITION - MAINTAINED ITEM (PARTY-1 SELLS)