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The Floating Software License agreement is designed for organizations requiring flexible software deployment across multiple users. This contract type is particularly relevant when businesses need to optimize software licensing costs while maintaining access for a larger pool of potential users than the number of licenses purchased. Governed by English and Welsh law, it includes essential provisions for usage monitoring, license management, and compliance. The agreement is commonly used in enterprise environments where software access needs vary throughout the working day, allowing different users to access the software at different times while maintaining a fixed number of concurrent licenses.
