Software License Agreement
What is a Software License Agreement?
Software source code and object code is regarded as intellectual property that is protected under the Copyright Act, 1978. If you write any source code or compile any object code from your source code, then that code is automatically afforded copyright protection merely by virtue of you writing or compiling your code.
A Software Licence Agreement is used to give someone the right to use your intellectual property (in other words the Software).
When do I need this?
If you do not want to give ownership of the Software to another person and you only want to provide a right to use the Software, then you must use a Software Licence Agreement.
Do I need a legal expert to assist?
Intellectual Property Law is a specialised field. If you are not experienced with these types of transactions, we recommend that you engage one of our Contract Specialists to ensure that all the relevant considerations have been taken into account.