US Legal Forms
Licensee Oriented Software License Agreement

Licensee Agreement

Name: Licensee Oriented Software License Agreement
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.7 (299 reviews)

Category:

Technology - Licenses

State:

Multi-State

Control #:

US-13090BG

Format:

Instant download

Description

A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to, in this case, to use patented technology owned by the licensor.

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FAQ

An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.

Don't assume you can't negotiate. Understand the pricing and use schemes. Get promises in writing. Get measurable promises. Carefully look at the indemnification provisions. Consider the intellectual property investment you intend to make. Look for a range of meaningful remedies. Think about renewal from day one.

What is a Licensing Agreement? A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.

A software license agreement typically has broad-form confidentiality provisions that also provide that certain items fall into the bucket of one or the other party (e.g., the software for a licensor, certain data for a licensee, etc.).

A software license is a contract between the entity that created and supplied an application, underlying source code, or related product and its end user.

Download a template for a licensing agreement. Choose your role as the licensor or licensee. Define the license(s) in the agreement. Decide whether the license is exclusive or not. Settle the matter of fees and payment schedule. Add a renewal date and rules.

Setting up Your Licensing Agreement. Granting the License. Limiting Your Liability. Adding Boilerplate Clauses. Finalizing the Licensing Agreement.

User agreements like EULAs are legally binding contracts between the software author and the end-user. End User License Agreements are enforceable as long as it is clear that it is a contract and both parties can understand the terms.

Licensee Agreement

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