New Hampshire Author Oriented Software Royalty and License Agreement
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FAQ
Most distributed software can be categorized ing to its license type (see table). Two common categories for software under copyright law, and therefore with licenses which grant the licensee specific rights, are proprietary software and free and open-source software (FOSS).
(a) Limited Use. Allows the Licensee to use the Material only in the ways specifically stated in the Agreement. Any use beyond that is considered against the law.
A standard license agreement usually includes provisions related to transferability of ownership, warranties, confidentiality, indemnification, and damages. The licensor may also include terms relating to copyright infringement in some cases.
A license fee is typically a one-off payment, i.e., a fixed amount paid upfront. A royalty fee (royalties), on the other hand, are usage-based payments, i.e., continuous periodic fee payments.
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.
To put it simply, a software license agreement is an agreement between your company and your customers for use of the software you have the rights to. It allows your customers to use your software and details exactly how they can use it.
?Licensing Term? means the period ending three years from the Date of Commencement of the Candidate's Licensing Cycle.
