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What is a Software License Agreement?

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Software License Agreements – It’s something you’ve got to have if you develop or create software for clients. As a developer, you have likely invested a ton of time and cash building up the product you are wishing to permit. You are most likely additionally relying on it to present to you some moderate income. That being the case, you will need to ensure that there is a way to secure and protect your software legally. That is the necessity of the software license agreement.
 
What is a Software License Agreement?

     Basically, a software license agreement is an agreement between your company and your customers for use of the software you have the rights to. It permits your clients to utilize your product and subtleties precisely how they can utilize it. Inside the agreement, it will detail where clients can install it and how often it can be installed. Moreover, it should contain answers to questions your clients may have about their capacity to duplicate it, alter it, or redistribute it. The product's cost and permitting expenses may likewise be point by point in this understanding. A software license agreement is something you need to have set up to forestall or shield you from the encroachment of copyright law.
 
Why would I need one?

  • It prevents abuses of your software – If you fail to have one of these agreements signed by one of your customers, there is nothing stopping them from trying to replicate it or copy it for their own benefit.
  • It allows you to license it and not sell it – An important distinction. When you allow users to purchase a license of your software, you still retain all rights to it.
  • It allows you to disclaim warranties
  • It can limit your liability – This is a very important consideration because if you do not limit your liability as a software developer, then you could potentially be exposing yourself to lawsuits.
  • It can allow you to terminate use at any time without any issues

 
If you have any questions about software license agreements, feel free to call us or visit our website today!

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