A New Mexico Shrink-Wrap License Agreement is a legal document that outlines the terms and conditions for the use of shrink-wrapped software or digital products in the state of New Mexico. It is a form of licensing agreement that is commonly found in the software industry. This type of agreement gets its name from the practice of shrink-wrapping physical software packages, which involve sealing the software in plastic shrink-wrap. However, the concept has evolved to include digital products and the agreement is now often referred to as a "shrink-wrap" agreement, regardless of the medium of delivery. The New Mexico Shrink-Wrap License Agreement sets forth the rules and restrictions in regard to the installation, use, and distribution of the software or digital product by the end-user. It is typically included within the package or made available for review before the purchase is completed. This agreement includes important provisions such as: 1. Grant of License: It defines the scope of the license granted to the end-user, detailing whether it is a single-user license or a multi-user license. It may also outline any limitations or restrictions on the usage of the product. 2. Intellectual Property Rights: This section clarifies the ownership and protection of intellectual property rights associated with the software or digital product. It typically prohibits copying, distributing, or reverse-engineering the product. 3. Warranty and Limitation of Liability: It states any warranties provided by the software manufacturer and disclaims any implied warranties. It may also limit the liability of the manufacturer for any damages resulting from the use of the software or digital product. 4. Updates and Upgrades: The agreement may specify whether updates or upgrades to the software are included or offered separately, and under which conditions they may be obtained. 5. Termination: It outlines the conditions under which the license agreement may be terminated, and the consequences of such termination, including the obligation to uninstall or destroy the software. While there may not be distinct types of New Mexico Shrink-Wrap License Agreements specific to the state, variations in terms and specific details may exist among different manufacturers or vendors. These can include differences in license duration, use restrictions, pricing, or support options. It is important to carefully review each agreement before accepting its terms and using the software or digital product.
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.