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Source Code License means any contract or contractual provision (whether or not denominated a "license") that prescribes the terms, conditions and restrictions applicable to the possession and use of Source Code by a licensee of the Software to whom Source Code of any Software has been released.

Generally speaking, if you are hired to complete a project, but there is no contract or agreement in place that specifically states otherwise, then the author of the code (you), owns the code.

A Source Code License Agreement allows you to give another party permission to use your intellectual property in a particular way, for a certain period of time, and at a specific price.

If you want to use intellectual property created by an individual or company, you will need a content licensing agreement. This agreement outlines why you want to use the content and how you will use it if given permission. The owner of the content must approve of the use before it may be utilized.

Definition: Source code is the language used by computer programmers to create a program. It is the non-machine language that humans can read and write. It is protected by trade-secret laws, copyright, and patent laws. If it is not included with the software sold to the public, it is kept secret.

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