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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.
Techopedia Explains Software License Agreement A free software license agreement gives the purchaser the rights to modify and redistribute the software and related components, while a proprietary software license agreement forbids this.
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.
An agreement to evaluate off-the-shelf, unmodified software for a limited period and an option to enter into a definitive software license agreement, drafted with terms favorable to the licensor.
Evaluation Agreement means the written agreement between Licensee and an End User that includes the Mandatory Terms and governs End User's evaluatory use, access to, or receipt of the Licensee Product, which will not, in any event permit the End User to use the product for longer than thirty (30) days without entering
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.
This agreement comes in the form of an Access Licence which legally grants the owner undertaking the work, access onto the neighbouring owner's land for a specified period of time subject to a number of considered conditions.
Most licensing agreements will be valid only for a certain length of time....Scope of the AgreementExclusivity.Territory Rights.Guarantees of Sales.
Virtually every type of license agreement includes some form of initial payment and ongoing royalty to the licensor. Royalty formulas vary widely, however. They may be based on gross sales, net sales, net profits, fixed sum per product sold, or a minimum payment to be made to the licensor over a given period of time.
The software code, documentation, APIs, and other materials made available by Smaato are collectively referred to in this Agreement as the SDK. This Agreement defines each party's rights in the SDK. BY DOWNLOADING, INSTALLING, ACCESSING OR OTHERWISE USING THE SDK, YOU ACCEPT THE TERMS OF THIS AGREEMENT.