Product License Agreement
This Product License Agreement (“Agreement”) outlines the terms and conditions under which the licensed product (“Product”) is provided to the end user (“Licensee”). By installing, accessing, or using the Product, the Licensee agrees to comply with these terms.
1. Grant of License
The licensor (“Licensor”) grants the Licensee a non-exclusive, non-transferable license to use the Product for the specified purpose under the conditions outlined in this Agreement.
2. License Restrictions
The Licensee may not:
- Modify, reverse-engineer, or decompile the Product.
- Share, distribute, or resell the Product without prior written consent from the Licensor.
- Use the Product in violation of any applicable laws or regulations.
3. Ownership and Intellectual Property
The Licensor retains all ownership rights, including intellectual property rights, associated with the Product. The Licensee acknowledges that this Agreement does not grant any ownership interest in the Product.
4. Support and Updates
The Licensor may provide support or updates at their discretion. Any updates or upgrades provided are subject to the terms of this Agreement unless otherwise specified.
5. Termination
This Agreement is effective until terminated. The Licensor may terminate the Agreement if the Licensee fails to comply with its terms. Upon termination, the Licensee must cease all use of the Product and destroy any copies in their possession.
6. Limitation of Liability
The Licensor is not liable for any indirect, incidental, or consequential damages arising from the use or inability to use the Product, to the extent permitted by law.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction where the Licensor operates.
8. Acceptance
By using the Product, the Licensee confirms acceptance of this Agreement in its entirety.
For questions or concerns about this Agreement, please contact [Licensor’s contact information].