Maryland OEM Software Program License Agreement

State:
Multi-State
Control #:
US-KWP-0048
Format:
Word; 
Rich Text
Instant download

Description

This form is a Program License Agreement. This form is an attachment which grants a nontransferable, nonexclusive license to the software program. The developer warrants that it has the full authority to grant rights to the program without the consent of another party.
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FAQ

An original equipment manufacturer, OEM, agreement is used by a company that takes components of products from one or more companies in order to build one product which it then sells under its own brand and company name.

As a general rule, any well-drafted license agreement should address the following topics:Scope of the grant.Term and renewal.Performance standards and quotas.Payments to the licensor.Quality control, assurance and protection.Insurance and indemnification.Accounting, reports and audits.More items...?

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.

A software license agreement details how and when the software can be used, and provides any restrictions that are imposed on the software. A software license agreement also defines and protects the rights of the parties involved in a clear and concise manner.

In the hardware industry, the original equipment manufacturer (OEM) usually refers to a company that builds a product designed for end-users, like a PC, laptop, or printer. Apple, HP, Dell, Canon, and Brother are all examples of original equipment manufacturers.

Simply put, an OEM contract manufacturer is an outsourced company that handles the creation of equipment the hiring company cannot make themselves.

Software licensing terms and conditions usually include fair use of the software, the limitations of liability, warranties and disclaimers. They also specify protections if the software or its use infringes on the intellectual property rights of others. Software licenses typically are proprietary, free or open source.

A software license is a legally binding agreement made between the owner or developer of a software program and the user, outlining how they can use and distribute the product.

This Master License Agreement (MLA or Agreement) allows You (the customer entity signing the Membership Form) to obtain software licenses and services from Novell with volume discounts and other benefits. The Effective Date of the MLA is the date the Membership Form is signed by both entities.

A software license agreement should include the licensor's reservation of all its rights not specifically granted to the licensee and the licensee's acknowledgment of the licensor's ownership of the licensed software. Payment terms.

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Maryland OEM Software Program License Agreement