This form is a Software License Agreement. The form provides that the software is delivered in object code only. The licensee will not reverse compile or otherwise reverse engineer the software. The agreement is effective until terminated and the licensee may terminate the agreement by returning the licensed product to the licensor.
Software License Agreement - Detailed
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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.