This Software Licence Agreement sets out the general structure of the terms of such a licence agreement with considerations set out for both parties. The agreement provides for the grant of a non-exclusive, non-sublicenseable, and non-transferable licence to use the software in the defined territory. The licencee’s rights under the agreement are limited to a right to use the software, and the licencee is not granted the right to modify the software (except with approval) or distribute it for use by any other party. The agreement also sets out fees, indemnities, limitation of liabilities, term and termination provisions. For further information on technology-based agreements, see IP and Technology Law.
