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Example of a Licensing Agreement Nestle (the licensee) agreed to pay $7.15 billion in cash to Starbucks (the licensor) for exclusive rights to sell Starbucks' products (single-serve coffee, teas, bagged beans, etc.)
At its most basic level, a SaaS agreement can be contrasted with a EULA as being a provision of services (rather than a licence to use something), allowing a supplier to deliver a cloud-based service package, often via a subscription model / pay-per-user basis.
The steps for making a license agreement are as follows: Download a template for a licensing agreement. Choose your role as the licensor or licensee. Define the license(s) in the agreement. Decide whether the license is exclusive or not. Settle the matter of fees and payment schedule. Add a renewal date and rules.
How to write a letter of agreement Title the document. Add the title at the top of the document. ... List your personal information. ... Include the date. ... Add the recipient's personal information. ... Address the recipient. ... Write an introduction paragraph. ... Write your body. ... Conclude the letter.
A SaaS agreement is appropriate when no software is being downloaded or copied, and the end-user is accessing a serviced software package from the service providers servers. This gives the end-user consent to access the cloud-based service, rather than a licence to use the software itself (as is the case with a EULA).