This form is a Thirty-Day Evaluation License Agreement with Perpetual Option that grants a limited, non-exclusive and non-transferable license, solely during the Evaluation Term, to install and operate the Software, in machine-executable form only, with an option for a perpetual license if the licensee is willing to pay the licensor the applicable licensing fee.
Fairfax Virginia Thirty-Day Evaluation License Agreement with Perpetual Option is a legal document that outlines the terms and conditions for evaluating a software or product offered by a specific company located or based in Fairfax, Virginia. This agreement allows the licensee to utilize the software or product for a predetermined period of time, often thirty days, for the purpose of evaluation and testing. In addition, it provides the option to convert the evaluation license into a perpetual license, granting the licensee the right to continue using the software or product indefinitely, subject to certain conditions. The Fairfax Virginia Thirty-Day Evaluation License Agreement with Perpetual Option typically includes key clauses and provisions to protect the interests of both parties involved. These may include: 1. Definition of Parties: Clearly identifying the licensor (company offering the software or product) and the licensee (individual or entity evaluating the software or product). 2. Grant of License: Stipulating the limited, non-exclusive, and non-transferable license granted to the licensee for evaluation purposes. 3. Scope of Use: Defining the authorized use of the software or product, including any limitations on the number of users, installations, or locations. 4. Evaluation Period: Establishing the duration of the evaluation period, usually corresponding to thirty days, during which the licensee can assess the software's functionality, reliability, and suitability for their specific needs. 5. Restrictions: Outlining any restrictions on the licensee, such as prohibiting reverse engineering, modifying, or copying the software or product. 6. Support and Maintenance: Describing the extent of support and maintenance services to be provided by the licensor during the evaluation period. 7. Confidentiality: Addressing the confidentiality of any proprietary or sensitive information exchanged during the evaluation process and imposing obligations on both parties to maintain confidentiality. 8. Perpetual Option: Detailing the conditions under which the licensee may convert the evaluation license into a perpetual license, such as notifying the licensor within a specified timeframe and entering into an additional agreement or paying a predetermined fee. 9. Termination: Specifying the circumstances under which either party may terminate the agreement before the end of the evaluation period, and the procedure for returning or destroying any copies of the software or product. 10. Governing Law and Jurisdiction: Identifying the governing law (often the laws of Fairfax, Virginia) under which the agreement is interpreted, and the jurisdiction where disputes will be resolved. Different types of Fairfax Virginia Thirty-Day Evaluation License Agreements with Perpetual Option may exist based on the specific company offering the software or product, and the nature of the software or product being evaluated. The terms and conditions within the agreement may vary depending on factors such as the industry, intended use, or complexity of the software or product. It is important for both parties to review and negotiate the agreement to ensure clarity and fairness in the evaluation process.Fairfax Virginia Thirty-Day Evaluation License Agreement with Perpetual Option is a legal document that outlines the terms and conditions for evaluating a software or product offered by a specific company located or based in Fairfax, Virginia. This agreement allows the licensee to utilize the software or product for a predetermined period of time, often thirty days, for the purpose of evaluation and testing. In addition, it provides the option to convert the evaluation license into a perpetual license, granting the licensee the right to continue using the software or product indefinitely, subject to certain conditions. The Fairfax Virginia Thirty-Day Evaluation License Agreement with Perpetual Option typically includes key clauses and provisions to protect the interests of both parties involved. These may include: 1. Definition of Parties: Clearly identifying the licensor (company offering the software or product) and the licensee (individual or entity evaluating the software or product). 2. Grant of License: Stipulating the limited, non-exclusive, and non-transferable license granted to the licensee for evaluation purposes. 3. Scope of Use: Defining the authorized use of the software or product, including any limitations on the number of users, installations, or locations. 4. Evaluation Period: Establishing the duration of the evaluation period, usually corresponding to thirty days, during which the licensee can assess the software's functionality, reliability, and suitability for their specific needs. 5. Restrictions: Outlining any restrictions on the licensee, such as prohibiting reverse engineering, modifying, or copying the software or product. 6. Support and Maintenance: Describing the extent of support and maintenance services to be provided by the licensor during the evaluation period. 7. Confidentiality: Addressing the confidentiality of any proprietary or sensitive information exchanged during the evaluation process and imposing obligations on both parties to maintain confidentiality. 8. Perpetual Option: Detailing the conditions under which the licensee may convert the evaluation license into a perpetual license, such as notifying the licensor within a specified timeframe and entering into an additional agreement or paying a predetermined fee. 9. Termination: Specifying the circumstances under which either party may terminate the agreement before the end of the evaluation period, and the procedure for returning or destroying any copies of the software or product. 10. Governing Law and Jurisdiction: Identifying the governing law (often the laws of Fairfax, Virginia) under which the agreement is interpreted, and the jurisdiction where disputes will be resolved. Different types of Fairfax Virginia Thirty-Day Evaluation License Agreements with Perpetual Option may exist based on the specific company offering the software or product, and the nature of the software or product being evaluated. The terms and conditions within the agreement may vary depending on factors such as the industry, intended use, or complexity of the software or product. It is important for both parties to review and negotiate the agreement to ensure clarity and fairness in the evaluation process.
