What is a software license agreement: - Whenever people install new software, they find a license number. This license key or the license number is actually called the license agreement. Every software contains a unique license number. This is a virtual agreement between the software buyers and the software development organization. A license agreement should be renewed in every year. Even, the users should use the licensed software. According to the IT act, unlicensed software is illegal. This can be called as unauthorized usages of the software. There are different types of software license agreement available. The software developing organizations use the software license manager and get an idea about the different types of the license agreement.
A few descriptions are given below:-
Proprietary license: - Most of the software contains this proprietary license agreement. This is a very popular software license agreement and a common agreement. In this agreement, the software owners give a permission to the users to use the software. Also, the software users can use the few copies of the software. In this case, the users must get agree with the terms & conditions of the software. Even, they should renew the agreement in every year.
Click-wrap agreement: - This is also a very common software license agreement. Everyone is aware of the agreement. While people installing a new software, they should click the “I agree” or “okay” option. This is called the click-wrap agreement. This is a virtual agreement. The users must read the terms & condition of the software and install the software.
Open Source agreement: - In the case of the open source agreement, the users can use the software without any restriction. Also, they can share the software and modify it. Often, people called this software as“free and open source software”. In this case, people should know that the open source software is free. But, for using a free license software agreement, the users must renew the license agreement.
Perpetual software agreement: - Most of the time, the individual users buy this perpetual software license agreement and install software on a single device. In this agreement, there is no restriction, no expiry dates, and time limit. The users can use the software for an unlimited period of time.
There are many other different types of software license agreement can be found. In this case, the organizations can take a help from license agreements analysis applications and renew the license agreement.
