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A EULA specifies in detail the rights and restrictions which apply to the use of the software. Many form contracts are only contained in digital form, and only presented to a user as a click-through which the user must "accept".

An End User License Agreement (EULA) and Terms and Conditions (T&C) are both legally binding contracts. Many websites should have both. An EULA is the agreement between someone who downloads software (the licensor, or end user) and the developer.

Perhaps the key difference between a EULA and a software license agreement is that a EULA is often meant for scenarios where many users could be using the software on a continuous basis and a software license agreement is more often used for business-to-business, often times for finite engagements.

An EULA isn't a legally binding contract because it's not a contract. It's an agreement between two parties, and it's set up in a way that the license holder really doesn't have any rights within the agreement, but it's not actually a legally binding document.

If the EULA is terminated, you will no longer have any of the rights to the Game given in this license. You do still have the right to things you have created yourself with the game of course.

Some EULA terms are simply unenforceable (for one reason or another), so nothing will happen to someone who violates those terms.

Court: Violating Terms of Service Is Not a Crime, But Bypassing Technical Barriers Might Be. Good news: another federal judge has ruled that violating a website terms of service is not a crime.