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A software license agreement is the legal contract between the licensor and/or author and the purchaser of a piece of software which establishes the purchaser's rights. A software license agreement details how and when the software can be used, and provides any restrictions that are imposed on the software.
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In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.
Software licenses typically provide end users with the right to one or more copies of the software without violating copyrights. The license also defines the responsibilities of the parties entering into the license agreement and may impose restrictions on how the software can be used.
Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.
What are the different types of software licenses?Public domain. This is the most permissive type of software license.Permissive. Permissive licenses are also known as Apache style or BSD style. They contain minimal requirements about how the software can be modified or redistributed.LGPL.Copyleft.Proprietary.
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.
A software licensing agreement is a legal contract between the owner of the software and its purchaser. The main objective of the software licensing agreement is to protect the interest of the company selling the software as well as the purchaser.