An End User License Agreement (EULA) is a legally binding contract between two parties where one party grants the other party a license to use their software in exchange for a fee. The two involved parties are the licensor/vendor and the licensee. The licensor is the owner/creator of the software and the licensee is the user.
The End User License Agreement is an important document that protects the software owner/creator by providing limited rights of use to the licensee. It prohibits the user from misusing the software for personal gain.
Our legal experts created a sub-template for the EULA where they haveidentified the basic required elements – the name of the licensor, the name of the licensee, infringement acknowledgment, and license granting, amidst many others.
The template is customizable – you can download, edit, and print it directly for use. It is available in various formats for your convenience. Please note that the legal text in the document has been verified by an establishedattorney.