Vendor-Oriented Shrink-Wrap Software License Agreement

State:
Multi-State
Control #:
US-L1008AM
Format:
Word; 
Rich Text
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Overview of this form

The Vendor-Oriented Shrink-Wrap Software License Agreement is a legal document that outlines the terms and conditions under which a purchaser (Licensee) can use proprietary software provided by a vendor (Licensor). This form is specifically designed for the software industry, differentiating itself by focusing on shrink-wrap licensing, which typically entails acceptance of the agreement by opening the software package. It serves as a formal contract ensuring the protection of the software developer's rights and setting clear usage guidelines for the licensee.

Main sections of this form

  • License Grant: Establishes the rights granted to the licensee to use the software.
  • Term: Discusses the duration of the agreement and terms for termination.
  • Object Code Provision: Specifies that the software is provided in object code only, prohibiting reverse engineering.
  • Limited Warranty: Defines the extent of the licensor's liability regarding software functionality and defect claims.
  • Limitation of Liability: Limits the licensor's liability for any damages incurred from software use.
  • Governing Law: Outlines which jurisdiction's laws govern the agreement.
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Common use cases

This form should be used when a business purchases software that is distributed in a shrink-wrap manner, where acceptance of the terms is indicated by opening the software packaging. It's relevant for vendors providing software solutions or applications and for users who need to outline the terms of use to avoid potential legal disputes in the future.

Who needs this form

  • Software vendors distributing their products under a shrink-wrap license model.
  • Businesses purchasing and using proprietary software for operational purposes.
  • Legal professionals drafting or reviewing software agreements for clients.

How to complete this form

  • Identify the parties involved, including the software vendor and purchaser.
  • Specify the details of the software being licensed, including version and product name.
  • Set the terms of use, including restrictions on transfer and copying of the software.
  • Determine the governing law state that will apply to the agreement.
  • Have both parties review and sign the agreement before using the software.

Notarization guidance

In most cases, this form does not require notarization. However, some jurisdictions or signing circumstances might. US Legal Forms offers online notarization powered by Notarize, accessible 24/7 for a quick, remote process.

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Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.

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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.

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We protect your documents and personal data by following strict security and privacy standards.

Typical mistakes to avoid

  • Failing to read the terms before opening the package, leading to unintentional acceptance.
  • Not specifying the scope of the license, which can cause disputes.
  • Overlooking local laws that might affect the enforceability of the agreement.

Why complete this form online

  • Convenient access to legal documentation without needing to visit a lawyer.
  • Edit and customize the form to suit specific needs before download.
  • Reliability, as the forms are drafted by licensed attorneys.

Key takeaways

  • The form is essential for protecting both the vendor's and the purchaser's rights.
  • Careful attention should be paid to the terms regarding usage and liability.
  • Proper completion and understanding of the terms can prevent legal disputes.

Key terms explained

  • Licensee: The party purchasing the rights to use the software.
  • Licensor: The party providing the software and issuing the license.
  • Object code: The machine-readable code generated from source code, which the user can run.
  • Shrink-wrap license: A type of software licensing agreement that is accepted when the user opens the software package.
  • Limited warranty: A warranty that limits the extent of liability and guarantees regarding the product.

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FAQ

A click-wrap license presents the user with a message on his or her computer screen, requiring that the user manifest his or her assent to the terms of the license agreement by clicking on an icon. n12 The product cannot be obtained or used unless and until the icon is clicked.

A Shrink Wrap agreement can be defined as a legal agreement that is packaged within a product. In this type of agreement, products are sealed or enclosed in shrink wrap (plastic wrap) implying that the goods (and thus the legal document) can only be viewed by the customer who purchases it.

In the defining statement of the opinion, the court held that, "shrink-wrap licenses are enforceable unless their terms are objectionable on grounds applicable to contracts in general." The court concluded that no contract was formed by the parties until the buyer "accepted" the seller's terms by electing to keep the

Definitions of shrink-wrapped software. noun. software on CD-ROMs that are boxed and shrink-wrapped and sold in stores (implying a widely supported standard platform) see more. type of: computer software, package, software, software package, software program, software system.

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Vendor-Oriented Shrink-Wrap Software License Agreement