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

5. Usage of content.
6. Compensation.
7. Content Owner.
8. Copyright ownership.
9. Warranties.
10. Term and Termination.
    1. Term
    2. Termination
11. Renewal
12. Fees
13. Content
14. Terms/Conditions of use
15. Perpetual access.
16. Concurrent users
17. Authorized users
18. Authorized site
19. Indemnity and limitation of liability