Mississippi Perpetual Nontransferable Nonexclusive Vendor-Oriented Software License Agreement
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FAQ
Irrevocable. Yes, it looks like you're right. Searching around a little more, on one legal site, I found that perpetual is analogous to a string of infinite length, wheras irrevocable is analogous to a string (of any length) which cannot be cut.
A perpetual license is one that has no given end. An irrevocable license cannot be cut short. Either a perpetual license or a license with a stated term can be either revocable or irrevocable.
The end-user license agreement goes by a number of different names, including: EULA. Licensed application end-user agreement. Software license agreement.
Term of Licence Agreement set (for example, it may specify that the license will only operate for a year); or. perpetual (where the parties choose to enter into an agreement that continues indefinitely).
A perpetual license agreement is a legal contract between a customer and software provider where the customer purchases a license to use the software indefinitely. This type of licensing agreement does not have an expiration date and the licensee can continue using the product or service indefinitely.
Although perpetual licences may be used forever, they have a short lifecycle and within few years eventually become obsolete, due to factors such as supported hardware and companion software.
Perpetual LicensesA perpetual license will allow the customer to use the licensed software indefinitely. For the first year, the perpetual license also entitles the customer to download all updates to the software and to receive technical support.
The terms irrevocable and perpetual mean different things. A perpetual license is one that has no given end. An irrevocable license cannot be cut short. Either a perpetual license or a license with a stated term can be either revocable or irrevocable.
