Software License Agreement
Rights that customers have to use software
How the software can be used
Why is this agreement put in place?
Developer has control over software
Limiting Liability- People can not sue if their device crashes after installing the software
How often the software can be downloaded when buying one subscription
What is a Software License Agreement?
Terms- including fees, whether it can be downloaded on multiple devices, and information about other things (such as maintenance) that will or will not be included with the agreement.
What is included?
Who is involved- Usually the company/creator of software and the individual or company purchasing the software.
Type of agreement and how long it will be in place.
Other details that you wish to include in the agreement and the signatures.
A software license agreement is put into place to:
Protect the rights of the developer of the product
The developer can continue to make money off of the product
License agreement non-compliance
Inadvertent Misuse- companies not having the procedures in place to manage their software.
Companies not establishing proper procedures for their softwares
Intentional misuse- It was found by PwC that in 80% of software audits there is some kind of out of license compliance
Violating license agreements can result in fines- in a case that involved software misuse six defendants pled guilty, the case was worth $100 million