New Mexico Software License Agreement

State:
Multi-State
Control #:
US-TC05102
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This is a software license agreement between the developer and the customer, giving the customer the right to use the software. The agreement addressses the restriction of use by the customer, deliveries, fees, payment, and all other areas that are typically parts of such an 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.

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.

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.

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.

A software license is a document that provides legally binding guidelines for the use and distribution of software. Software licenses typically provide end users with the right to one or more copies of the software without violating copyrights.

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 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.

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New Mexico Software License Agreement