Oklahoma Software License Agreement regarding granting of nontransferable, nonassignable and nonexclusive license to use one copy of software

• Category: Corporations - Public - Licenses
• State: Multi-State
• Control #: US-EG-9505
• Format: Word; Rich Text

Description

Software License Agreement between Evergreen Internet, Inc. and Caldera Systems, Inc. regarding granting of nontransferable, nonassignable and nonexclusive license to use one copy of software dated 00/00. 10 pages. Oklahoma Software License Agreement is a legal document that outlines the terms and conditions for granting a nontransferable, nonassignable, and nonexclusive license to use one copy of software within the state of Oklahoma. This agreement ensures that the software developers or vendors retain ownership and control over their intellectual property rights while granting limited usage rights to the licensee. The primary purpose of this agreement is to clearly define the rights and responsibilities of both parties involved in the software licensing arrangement. It ensures that the licensee obtains the necessary permissions to use the software while setting limitations on its usage and preventing any unauthorized redistribution or transfer. The key elements covered in the Oklahoma Software License Agreement include: 1. License Grant: The agreement specifies that the licensor grants the licensee a nontransferable, nonassignable, and nonexclusive license to use one copy of the software. This means that the licensee cannot sublicense, transfer, or assign their rights to another party. 2. Permitted Use: The agreement outlines the permitted use of the software, which is usually restricted to a specific purpose or within certain limitations defined by the licensor. Any usage outside the specified scope may be considered a breach of the agreement. 3. Ownership and Restrictions: The agreement clarifies that the licensor retains full ownership and intellectual property rights of the software. The licensee is explicitly prohibited from reverse engineering, modifying, reproducing, redistributing, or making derivative works of the software without prior written consent. 4. Limitation of Liability: The agreement establishes that the licensor will not be held liable for any damages or losses arising from the use or inability to use the software. It also limits the liability of the licensor to the amount paid for the license, excluding any indirect or consequential damages. 5. Termination: The agreement outlines the conditions under which either party may terminate the license, such as breach of terms or non-compliance. Termination usually results in the licensee ceasing all use of the software and returning or destroying all copies. While there might not be different types of Oklahoma Software License Agreements specifically regarding the granting of nontransferable, nonassignable, and nonexclusive licenses to use one copy of software, the content and terms within the agreement can vary depending on the specific software, vendor, and additional negotiated clauses. It is essential for both parties to read and understand the entire agreement before entering into the licensing arrangement.

Oklahoma Software License Agreement is a legal document that outlines the terms and conditions for granting a nontransferable, nonassignable, and nonexclusive license to use one copy of software within the state of Oklahoma. This agreement ensures that the software developers or vendors retain ownership and control over their intellectual property rights while granting limited usage rights to the licensee. The primary purpose of this agreement is to clearly define the rights and responsibilities of both parties involved in the software licensing arrangement. It ensures that the licensee obtains the necessary permissions to use the software while setting limitations on its usage and preventing any unauthorized redistribution or transfer. The key elements covered in the Oklahoma Software License Agreement include: 1. License Grant: The agreement specifies that the licensor grants the licensee a nontransferable, nonassignable, and nonexclusive license to use one copy of the software. This means that the licensee cannot sublicense, transfer, or assign their rights to another party. 2. Permitted Use: The agreement outlines the permitted use of the software, which is usually restricted to a specific purpose or within certain limitations defined by the licensor. Any usage outside the specified scope may be considered a breach of the agreement. 3. Ownership and Restrictions: The agreement clarifies that the licensor retains full ownership and intellectual property rights of the software. The licensee is explicitly prohibited from reverse engineering, modifying, reproducing, redistributing, or making derivative works of the software without prior written consent. 4. Limitation of Liability: The agreement establishes that the licensor will not be held liable for any damages or losses arising from the use or inability to use the software. It also limits the liability of the licensor to the amount paid for the license, excluding any indirect or consequential damages. 5. Termination: The agreement outlines the conditions under which either party may terminate the license, such as breach of terms or non-compliance. Termination usually results in the licensee ceasing all use of the software and returning or destroying all copies. While there might not be different types of Oklahoma Software License Agreements specifically regarding the granting of nontransferable, nonassignable, and nonexclusive licenses to use one copy of software, the content and terms within the agreement can vary depending on the specific software, vendor, and additional negotiated clauses. It is essential for both parties to read and understand the entire agreement before entering into the licensing arrangement.