Policy

Royalty Free License

Royalty Free License Agreement


This Royalty Free License Agreement ("Agreement") is entered into between Licensee, located at [Address] ("Licensee") and Licensor, located at [Address] ("Licensor"). This Agreement governs the terms under which Licensor grants Licensee the right to use certain digital goods.


  1. License Grant

    Subject to the terms and conditions of this Agreement, Licensor hereby grants Licensee a non-exclusive, worldwide, royalty-free license to use, reproduce, modify, and distribute the digital goods specified in Exhibit A ("Digital Goods") for [specified purpose(s)].

  2. Permitted Uses

    Licensee may use the Digital Goods for the following purposes:
    • [List permitted uses here]

  3. Restrictions

    Licensee shall not:
    • Sell, sublicense, distribute, or otherwise transfer the Digital Goods to any third party without prior written consent from Licensor.
    • Use the Digital Goods in a manner that infringes upon any third party's intellectual property rights.
    • Modify, adapt, translate, reverse engineer, decompile, disassemble, or create derivative works based on the Digital Goods without prior written consent from Licensor.

  4. Ownership

    Licensor retains all right, title, and interest in and to the Digital Goods, including all intellectual property rights therein. This Agreement does not grant Licensee any ownership rights in the Digital Goods.

  5. Warranty Disclaimer

    THE DIGITAL GOODS ARE PROVIDED "AS IS," WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS OR IMPLIED. LICENSOR DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT.

  6. Limitation of Liability

    IN NO EVENT SHALL LICENSOR BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR BUSINESS INTERRUPTION, ARISING OUT OF OR IN CONNECTION WITH THE USE OR PERFORMANCE OF THE DIGITAL GOODS.

  7. Termination

    Either party may terminate this Agreement upon written notice if the other party breaches any material term of this Agreement and fails to cure such breach within [number] days of receiving written notice thereof.

  8. Governing Law

    This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].

  9. Entire Agreement

    This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether oral or written.

  10. Amendment

    This Agreement may be amended only in writing and signed by both parties.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the Effective Date.


[Signature Block]


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Exhibit A: Digital Goods


[Description of Digital Goods]


By signing below, the parties acknowledge that they have read, understood, and agree to be bound by the terms and conditions of this Agreement.


[Signatures]


[Date]

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