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EULA stands for an End User License Agreement (also called Software License Agreement (SLA), or Licensed Application End-User Agreement).Going into more details, it specifies the rights and restrictions that apply to the software, and it's typically presented to users during the installation/set-up stage.

A EULA specifies in detail the rights and restrictions which apply to the use of the software. Many form contracts are only contained in digital form and only presented to a user as a click-through which the user must "accept".

There are a few clauses that should be included in every EULA. These clauses address license granting, restrictions on use, infringement information, termination of licensing, and disclaimers and limitations of warranties and liability.

EULA could apply to both software and hardware. The general rule is that End User License Agreements are not always enforceable.It is important to note that whether or not a EULA is enforceable, it is still a valid contract between the software owner and the user.

An End User License Agreement (EULA) and Terms and Conditions (T&C) are both legally binding contracts. Many websites should have both. An EULA is the agreement between someone who downloads software (the licensor, or end user) and the developer.

Some EULA terms are simply unenforceable (for one reason or another), so nothing will happen to someone who violates those terms.

An End-User License Agreement (EULA) is a type of take-it or leave-it contract (also referred to as a form contract, shrinkwrap contract, shrink-wrapped agreement or an agreement with off-the-shelf terms) commonly used with software and consumer electronics.