The Software License Agreement is used when a company that owns the rights of certain software (the Licensor) authorizes a third party (the Licensee) to use it, in exchange for a price. The main feature of this type of agreement is that the granting of the license does not include transferring the ownership of the software; in other words, the Licensor still owns the software.
Certain general terms and conditions (installation, duration, price and form of payment, warranty, etc.) are established based on technical concepts used in the Agreement. The Licensee has to agree to these terms and conditions, and is not usually able to negotiate them with the Licensor.
This Software License Agreement can be used for domestic transactions in which the Licensor and Licensee are based in the same country. When both Parties are in different countries the International Software License Agreement should be used.
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