This is a software license agreement between the owner of a computer program and the customer who wishes to obtain the right to use the software. The agreement covers security, patents and copyrights, liability, compliance with laws, termination of the license agreement, and all other applicable rights and restrictions.
Maryland Software License Agreement
Category:
State:
Multi-State
Control #:
US-TC0606
Format:
Word;
PDF;
Rich Text
Instant download
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How to fill out Software License Agreement?
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FAQ
?A Software License Agreement is a contract that allows a licensee to use software, but not own it. The software maker keeps some rights that the licensee doesn't get, like continuing to sell the software to others and granting the licensee permission to use the software on a lone computer.
A EULA is a legally enforceable contract between you and the end user and can protect your intellectual property and copyright.
An Enterprise License Agreement (ELA) is an agreement between a vendor and a customer, which provides that customer with access to the vendor's services for a fixed, pre-defined period of time, often with the option to extend for another period.
The important difference is the fact that a software license provides a product that is tangible, whereas a SaaS agreement is based on a service.
The biggest difference between SaaS and on-premise solutions is that SaaS solutions are hosted and maintained by a third-party provider, while on-premise solutions are hosted in-house.
Most IT contract drafters know the difference between a software license agreement and a technology services contract. In a license, the customer gets rights to copy and use software, while in a services contract, the customer gets a service, like tech support or IT consulting.
Generally, there are three types of licensing agreements: exclusive, sole, or non-exclusive. In an exclusive license, the licensee is only the party that can use the licensed intellectual property.
The notable differences in a SaaS agreement relative to a traditional software license are: Not a one-time purchase price but an ongoing subscription. The software is not installed locally but is rather made available online as a service. Users may share data with the SaaS service provider.