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Approaches to data licensingMaintain the confidentiality of its data.Prohibit use of the data other than for its benefit.Obtain access to, and if possible, ownership of, any new data sets resulting from the vendor's processing of the customer's data.
Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights.Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.
Virtually every type of license agreement includes some form of initial payment and ongoing royalty to the licensor. Royalty formulas vary widely, however. They may be based on gross sales, net sales, net profits, fixed sum per product sold, or a minimum payment to be made to the licensor over a given period of time.
How do I write a EULA?Vendor details (name and address)Software title.License terms (terms of use, restrictions, and maintenance and support details, if applicable)A refund policy (if applicable)
Reviewing Software License AgreementsLicense: Scope.Deliverables.Source Code.Services Furnished.Disclosure/Access.New IP/Developments.Open Source.Acceptance/Warranties.More items...?