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Market tip: having a law firm draft a Software Licence Agreement from scratch start from HK$ 5000-30000.
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What is a Software Licence Agreement?
A Software Licence Agreement is the software owner’s express permission for another party to use the software within an agreed scope.
A Software Licence Agreement is a licence and not an assignment; therefore the copyright ownership in the software is not being transferred.
A Software Licence Agreement sets out the how the licensee can use the software, and provides information about existing licences that the software owner may have issued to other parties.
Key points included
- Description of the software;
- Permitted uses of the software;
- Licence fee and payment terms; and
- Details of existing licences (if any).
