Table of Contents
- Section 1: Overview
- Section 2: Definitions
- Section 3: Grant of License
- Section 4: Ownership and Intellectual Property
- Section 5: Restrictions
- Section 6: Term and Termination
- Section 7: Warranty and Disclaimer
- Section 8: Limitation of Liability
- Section 9: Governing Law
- Section 10: Entire Agreement
Section 1: Overview
A source code license agreement template is a legal document that outlines the terms and conditions under which a software developer grants a user the right to use and modify their source code. This agreement is essential for protecting the developer’s intellectual property rights while allowing the user to benefit from the code’s functionality.
Section 2: Definitions
This section of the agreement defines key terms used throughout the document. It clarifies the meanings of terms such as “source code,” “object code,” “licensee,” and “licensor.” Clear definitions ensure that both parties have a shared understanding of the agreement’s terms.
Section 3: Grant of License
In this section, the developer grants the user a non-exclusive, non-transferable license to use the source code for a specific purpose. The agreement may specify any limitations on the license, such as the number of users or the geographic area where the code can be used.
Section 4: Ownership and Intellectual Property
This section clarifies that the developer retains ownership of the source code and any associated intellectual property rights. It also outlines the user’s responsibilities in protecting the developer’s intellectual property and may include provisions for confidentiality and non-disclosure.
Section 5: Restrictions
Here, the agreement sets out any restrictions on the user’s use of the source code. This may include limitations on reverse engineering, decompiling, or distributing the code. These restrictions protect the developer’s interests and prevent unauthorized use of the code.
Section 6: Term and Termination
This section explains the duration of the license agreement and the conditions under which either party can terminate it. It may include provisions for termination upon breach of the agreement or non-payment of fees.
Section 7: Warranty and Disclaimer
The warranty and disclaimer section outlines any warranties provided by the developer and disclaims any other warranties or guarantees. It is essential to clarify the developer’s responsibilities and any limitations on liability for defects or errors in the source code.
Section 8: Limitation of Liability
This section limits the developer’s liability for any damages arising from the use or inability to use the source code. It may specify the types of damages that are excluded and the maximum amount of liability that the developer will accept.
Section 9: Governing Law
The governing law section specifies which jurisdiction’s laws will govern the interpretation and enforcement of the agreement. This ensures that both parties understand the legal framework within which the agreement operates.
Section 10: Entire Agreement
The final section of the agreement states that the document constitutes the entire agreement between the parties and supersedes any prior agreements or understandings. This ensures that all relevant terms and conditions are contained within the agreement.