Software License Agreement - Detailed
Understanding this form
The Software License Agreement - Detailed is a legal document that outlines the terms and conditions for using software provided by the licensor. This agreement ensures that the software is delivered in object code format only, and it prohibits the licensee from reverse engineering the software. Unlike other license agreements, this version details specific limits on use and payment obligations, making it a comprehensive choice for businesses and individuals needing to formalize a software license.
Form components explained
- Identifies parties: Clearly states the licensor and licensee, including their business addresses.
- License grant: Describes the rights granted to the licensee regarding the use of the software.
- Term of the agreement: Specifies how long the agreement lasts and conditions for termination.
- Object code clause: Establishes that the software is provided in object code only, without permission to reverse engineer.
- Payment terms: Details the fees associated with the license and payment timelines.
- Additional licensing options: Offers information about additional fees for multi-branch usage or extra licenses.
When this form is needed
This Software License Agreement is essential when a business or individual is acquiring software and needs to clearly define the usage rights and responsibilities. It is applicable in situations where software is licensed rather than sold, especially for organizations that wish to protect their proprietary technology while allowing clients or employees to use it under structured terms. Use this form when entering into agreements for software that requires careful oversight on licensing, especially in multi-user or multi-branch settings.
Who this form is for
- Businesses seeking to license software to ensure clear usage terms.
- Software developers aiming to protect their intellectual property.
- Companies that manage multiple branches requiring differentiated licensing.
- Individuals or enterprises needing a defined framework for software implementation and use.
Completing this form step by step
- Identify the parties involved by filling in the names and addresses of both the licensor and licensee.
- Specify the licensed software, including its title and any associated documentation.
- Fill in the agreed-upon license fees and payment terms detailed in the form.
- Sign and date the agreement to make it effective upon execution by both parties.
- Keep a copy for your records and ensure all parties retain a signed version for future reference.
Does this form need to be notarized?
Notarization is generally not required for this form. However, certain states or situations might demand it. You can complete notarization online through US Legal Forms, powered by Notarize, using a verified video call available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to specify all applicable license fees and payment terms.
- Not including all parties' addresses, which can complicate legal enforcement.
- Not ensuring both parties sign and date the agreement, making it non-binding.
- Ignoring the specific licensing terms such as software usage limitations, leading to potential legal issues.
Benefits of using this form online
- Convenience: Easily fill out and download the form at your own pace.
- Editability: Adjust the form as needed, accommodating specific licensing requirements.
- Reliability: Ensure compliance with legal standards as the document is drafted by licensed attorneys.
Summary of main points
- The Software License Agreement - Detailed provides a comprehensive structure for licensing software rights.
- Clear identification of the parties and terms is critical for enforceability.
- Understanding payment obligations and limitations on usage is vital for both licensors and licensees.
Looking for another form?
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FAQ
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.License agreements generally also contain warranty provisions and patent information.
Due Diligence-General. Due Diligence-Cost. Due Diligence-Performance. Due Diligence-Know Your Counterparty. Source Code Escrow and Escrow Agreements. Installation, Implementation and Training. Customizations. Entire Agreement; Changes to the Terms.
A software license agreement typically has broad-form confidentiality provisions that also provide that certain items fall into the bucket of one or the other party (e.g., the software for a licensor, certain data for a licensee, etc.).
Public domain. This is the most permissive type of software license. Permissive. LGPL. Copyleft. Proprietary.
Exclusive or non-exclusive. In an exclusive license, the intellectual property holder is licensing the work only to one person, for that particular use/territory. Territory. Use. Attribution. Derivative works. Confidentiality. Time frame. Termination.
What is a Licensing Agreement? A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
A software license is a document that provides legally binding guidelines for the use and distribution of software.Software licenses typically are either proprietary, free or open source, the distinguishing feature being the terms under which users may redistribute or copy the software for future development or use.
Wisegeek explains software licensing as a type of contract which exists between the person of company who produces a type of software, and the end user, or person who purchases or downloads the software to use. This means that there are many different types of software licenses.
Setting up Your Licensing Agreement. Granting the License. Limiting Your Liability. Adding Boilerplate Clauses. Finalizing the Licensing Agreement.