Michigan Perpetual Nonexclusive User-Oriented Software License Agreement

State:
Multi-State
Control #:
US-CP0716-AM
Format:
Word; 
Rich Text
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Description

This sample form, a detailed User Oriented Software License Agreement document, is for use in the computer, internet and/or software industries. Adapt to fit your circumstances. Available in Word format.
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  • Preview Perpetual Nonexclusive User-Oriented Software License Agreement
  • Preview Perpetual Nonexclusive User-Oriented Software License Agreement
  • Preview Perpetual Nonexclusive User-Oriented Software License Agreement
  • Preview Perpetual Nonexclusive User-Oriented Software License Agreement
  • Preview Perpetual Nonexclusive User-Oriented Software License Agreement
  • Preview Perpetual Nonexclusive User-Oriented Software License Agreement

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FAQ

?Platform Agreement? means the agreement between Customer and its Platform Users setting forth the terms and conditions for the Purchase and Sale of Goods, Assets or Services, and or using the Customer's Platform.

A master license is an agreement between a music user and the owner of a copyrighted sound recording that grants permission to use the sound recording. This permission is also called a master lease or master rights.

A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.

In the perpetual license model, customers pay a one-time fee for the software. They are essentially purchasing the software as opposed to renting it. Customers have the option of paying an annual fee (typically 20% of the original cost) in order to receive maintenance, support, and updates.

License platform refers to the platform base (the combination of the hardware and operating system) on which the software product is licensed to be installed and run. A license can be assigned a platform value of either MAINFRAME or DISTRIBUTED .

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 copyright of the Sound Recording is generally owned by the artist or record label that they are signed to. Whoever owns the master recordings will earn royalties when the song is played or reproduced (including radio, streaming, downloads).

Master Use License: This is the right to reproduce a specific recording of a song in your film. You clear this right with the record label who owns the specific recording you would like to use; see the liner notes of the recording to find out which company this is.

The difference between an End User License Agreement (EULA) and a Software License Agreement (SLA) depends on intended usage. The EULA generally governs the continuous use of the software by a group of individuals. Meanwhile, an SLA targets a specific entity for a finite period.

Platform License means a fee and/or royalty bearing license agreement to Use the object code and/or the source code of the Parthus Platforms and Parthus products between Licensee and its customer permitting multiple Uses during the term of the license agreement which may include Updates, support and maintenance, but ...

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Michigan Perpetual Nonexclusive User-Oriented Software License Agreement