Terms & Conditions
The Licensor is an organization focused on developing and marketing software for e-commerce businesses at the enterprise level. With more than 75 creative engineers from different backgrounds, in the past few years, it has developed more than Nam tristique nisi ligula, vel mollis nisl iaculis quis. Proin cursus vestibulum porta.Nam tristique nisi ligula, vel mollis nisl iaculis quis. Proin cursus vestibulum porta.Nam tristique nisi ligula, vel mollis nisl iaculis quis. Proin cursus vestibulum porta.Nam tristique nisi ligula, vel mollis nisl iaculis quis. Proin cursus vestibulum porta.
In accordance with the terms and conditions set forth below, Licensee wishes to acquire a license to use the software so purchased in developing its e-commerce business website/ mobile app. Licensor agrees to grant a license to Licensee.
Therefore, the parties hereby bind themselves as follows:
The following capitalized terms shall have the following definitions in this Agreement:
- The term "Derivative Work" refers to works created by the Licensee, its officers, agents, contractors, or employees based on, in whole or in part, the Source Code and/or the Documentation, as well as on and/or incorporating one or more preexisting works of the Licensor. There are several derivative works, including improvements, revisions, modifications, translations (including compilations and recapitulations by computers), abridgements, condensations, and expansions of preexisting works. Any compilation that incorporates such a preexisting work shall also be considered a Derivative Work hereunder.
- The term "documentation" refers to written, printed, or otherwise recorded or stored (digital or paper) material relating to the Software and/or Source Code, including technical specifications and instructions for its use, as well as annotations and other descriptions of how the Software or Source Code operates, and how to use it.
- The term "improvements" shall mean, with respect to the Software, all modifications or changes made, developed, acquired, or conceived after the date hereof and during the term of this Agreement.