If you create software for customers, then you need to consider creating a software license agreement to help protect you and your business. There are many reasons to have one in place, so if you do not yet have one, it is time to start understanding its ins and outs.
To put it simply, a software license agreement is an agreement between your company and your customers for use of the software you have the rights to. It allows your customers to use your software and details exactly how they can use it. Within the software license agreement, it will detail where customers can install it as well as how and how often it can be installed. Additionally, it should answer questions your customers may have about their ability to copy it, modify it, or redistribute it. The software's price and licensing fees may also be detailed in this agreement. A software license agreement is something you want to have in place to prevent or protect you from infringement of copyright law.
As a software developer, you have likely spent a lot of time and money developing the software you are wishing to license. You are probably also counting on it to bring you some income as a result. If you think about all of that effort, you will want to make sure that there is a way to protect it. That is where a software license agreement comes into play. These are the five main reasons you should have a software license agreement:
There are four main sections of software license agreements and each one covers different information that is key to the execution of the agreement, as follows:
The four sections detailed above only feature a brief overview of what you can expect from any standard software license agreement. There are some key clauses that you will want to include to make sure that you are well protected no matter what may happen in the future. While it is difficult to predict everything that can happen, you can take the time to ensure that you protect yourself as much as possible by including these essential clauses.
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