Guam Licensor Oriented Software License Agreement is a legal contract that governs the use and distribution of software developed by a software licensor. This agreement outlines the terms and conditions under which the software can be used, including the rights and responsibilities of both the licensor and the licensee. Key elements of a Guam Licensor Oriented Software License Agreement include the scope of the license, the permitted uses of the software, any restrictions on the use or distribution, intellectual property rights, warranty disclaimers, limitations of liability, and termination conditions. In Guam, there are different types of Licensor Oriented Software License Agreements based on their specific purposes and requirements. Some commonly known types include: 1. Single-User License Agreement: This type of agreement grants the use of the software to a single individual or entity. It typically outlines the restrictions on transferring or sharing the license with others. 2. Multi-User License Agreement: This agreement allows the use of the software by multiple users within a specified organization or group. It may include provisions for concurrent or named user licenses. 3. OEM License Agreement: Original Equipment Manufacturer (OEM) agreements are specifically designed for software that is pre-installed or bundled with hardware products. These agreements set forth the terms for the distribution and installation of the software on the OEM's hardware. 4. Enterprise License Agreement: This type of agreement is tailored to meet the needs of large organizations or enterprises. It provides broader rights to use the software across multiple users, departments, or locations within the organization. Additionally, some Guam Licensor Oriented Software License Agreements may include subtypes such as Evaluation or Trial License Agreements, which allow users to evaluate the software on a limited basis before purchasing a full license. When entering into a Guam Licensor Oriented Software License Agreement, it is essential for both parties to carefully review and understand the terms and conditions outlined in the agreement. Seeking legal counsel or assistance may be advisable to ensure compliance and protect the rights of both the licensor and the licensee.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.