The Wisconsin Computer Software Lease with License Agreement is a legally binding contract that outlines the terms and conditions under which computer software is leased and licensed in the state of Wisconsin. This agreement ensures that both parties involved, the software licensor and the lessee, are protected and understand their rights and responsibilities. In this agreement, the lessee is granted the right to use the software for a specified period of time, subject to certain restrictions and limitations outlined in the contract. The licensor retains the ownership of the software and grants a non-exclusive license to the lessee. The lessee is not allowed to distribute, modify, reverse engineer, or copy the software without prior written consent from the licensor. There may be different types of Wisconsin Computer Software Lease with License Agreements, depending on the specific software being leased and the terms negotiated between the parties. Here are some common types: 1. Standard Software Lease Agreement: This type of agreement is used for leasing commonly available computer software, such as productivity tools, operating systems, or basic business software. 2. Customized Software Lease Agreement: When a software developer creates software specifically tailored to a client's needs, a customized software lease agreement is required. This agreement includes specific terms regarding the development, ownership, and licensing of the custom software. 3. Enterprise Software License Agreement: This agreement is used when a company requires multiple licenses to install and use software across its entire organization. It typically includes provisions related to the number of licenses, user restrictions, support, and maintenance services. 4. Cloud-based Software License Agreement: With the rise of cloud computing, this type of agreement is becoming more common. It governs the leasing and licensing of software that is accessed and used over the internet, rather than being installed on the lessee's physical hardware. In addition to the specific type of agreement, the Wisconsin Computer Software Lease with License Agreement will also cover other essential aspects, such as payment terms, maintenance and support services, warranties, liability limitations, dispute resolution mechanisms, and termination clauses. It is important for both parties to carefully review and negotiate the terms of the agreement to ensure their needs, rights, and obligations are properly addressed. Seek legal advice when drafting or entering into a Wisconsin Computer Software Lease with License Agreement to guarantee compliance with state laws and regulations.