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[Music] hello welcome to hectare simplifies I'm Sanjay Tek day today we're going to be talking about how do you put a software license agreement together let's get started you are a software maker and you are looking to put your product out into the marketplace and you want to govern the rules as to how your product will be used for this is off a license is essential let's start with the scope of the license what kind of a license isn't going to be is it gonna be a one single user license is it going to be a multi user license are you gonna be providing us a a like site license site license is a license that's restricted to one particular office or one particular location where your client or multiple users are the client side can use it is it going to be a blocked license where you say you give blocks of 10 20 30 and the pricing is determined by each block meaning there will be the pricing will reduce as more licenses are taken by you there's multiple ways of giving license and really depends on the type of software it is and how your software is being used by clients so in the scope of license determine what kind of license you're going to be giving then also is it going to be a click-wrap type of a license or is it going to be a negotiated type of license this is important these days where most software is available online it's usually provided on earth click crop phases so meaning everyone has to abide by the conditions that are given online these are their Terms of Use terms and conditions they have to just click I agree and therefore thereafter they get to use it on the other hand there's particular software a lot of enterprise software which are provided by large large groups like an Oracle or sa P and such they can be negotiated contracts where their particular functions particular pricing particular type of licenses are determined by your requirements as an organization these are customized negotiated contracts also in the scope of license you will want to understand the restrictions or you'll want to put forth certain restrictions as to what can be done with the software once you give it to the client and what they cannot do it with it do with it some of the common restrictions that you'll see in licenses put forth by software producers ah that the product cannot be reverse engineering that one a licensee cannot access the source code or the object code of the software to manipulate the software for it to do something that you have not intended for them to do second aspect of restrictions will be the limitation on sub-licensing on the client on the licensee the licensee can't take the product that you have given and then give it to somebody else outside the...