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What is in a license?

What you can expect to see in a license

Although there are some Consistencies between license agreements, most are distinct and unique from one another and vary based on the type of content being licensed. Each license must be examined and evaluated on its own. There are similarities and structure, definitions, and terms and conditions addressed in these licenses, but there are no strict industry standards in this area, although different entities are exploring model licenses.

It is important to note that license agreements are open to considerable creativity by the parties involved. However it is important that a license agreement contains the following basic clauses:

  1. Parties.
  2. Purpose of the contract.
  3. Definitions.
  4. Rights and obligations
    1. Obligations of Licensor
    2. Obligations of Licensee
  1. Usage of content.
  2. Compensation.
  3. Content Owner.
  4. Copyright ownership.
  5. Warranties.
  6. Term and Termination.
    1. Term
    2. Termination
  7. Renewal
  8. Fees
  9. Content
  10. Terms/Conditions of use
  11. Perpetual access.
  12. Concurrent users
  13. Authorized users
  14. Authorized site
  15. Indemnity and limitation of liability
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