tiktok³ÉÈ˰æ

Source Code License Agreement Template for United States

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Source Code License Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Source Code License Agreement

"I need a Source Code License Agreement to license our proprietary trading algorithm software to a financial institution, with strict confidentiality provisions and usage restrictions limited to their internal systems only, to be effective from March 2025."

Document background
The Source Code License Agreement is essential when organizations need to share or license proprietary source code while maintaining control over intellectual property rights. This document is commonly used in software development, technology licensing, and commercial software distribution within the United States. It provides comprehensive terms covering license scope, modification rights, confidentiality provisions, and compliance with US software licensing laws. The agreement is particularly crucial when dealing with valuable intellectual property that requires careful protection while enabling controlled usage by third parties.
Suggested Sections

1. Parties: Identification of licensor and licensee, including legal entities and addresses

2. Background: Context of the agreement and brief description of the software being licensed

3. Definitions: Key terms used throughout the agreement including 'Source Code', 'Derivative Works', 'Intellectual Property Rights'

4. License Grant: Scope of license, permitted uses, and restrictions

5. Intellectual Property Rights: Ownership and protection of rights in the source code

6. Confidentiality: Protection of source code and other confidential information

7. Term and Termination: Duration of agreement and termination conditions

8. Warranties and Disclaimers: Representations about the source code and limitation of warranties

9. Liability and Indemnification: Limitations of liability and indemnification obligations

10. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Escrow Provisions: Terms for source code escrow arrangements, typically used when providing business-critical software to enterprise customers

2. Support and Maintenance: Terms for ongoing support of the source code, included when offering additional support services

3. Sublicensing Rights: Terms for allowing licensee to sublicense the code, used when licensee needs to distribute the code to third parties

4. Export Control: Compliance requirements with export control regulations, included when software may be subject to export restrictions

5. Audit Rights: Rights to audit licensee's use of the source code, included for high-value licenses or when compliance verification is crucial

Suggested Schedules

1. Schedule A - Licensed Source Code: Detailed description and specification of the source code being licensed

2. Schedule B - License Fees: Payment terms, fee structure, and payment schedule

3. Schedule C - Technical Documentation: Documentation required for use of the source code including technical specifications

4. Schedule D - Third-Party Components: List of third-party code components and associated licenses

5. Schedule E - Support and Maintenance Services: Detailed specification of support services and service levels, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses






























Industries

Copyright Law: Key legislation includes Copyright Act of 1976, Digital Millennium Copyright Act (DMCA), and Computer Software Copyright Act. These laws protect original works of authorship, including software code.

Patent Law: Governed by Patent Act (35 U.S.C.), covering software patent considerations, patent rights and limitations in software licensing context.

Trade Secret Law: Including Defend Trade Secrets Act (DTSA) and Uniform Trade Secrets Act (UTSA), protecting confidential business information and proprietary code.

Contract Law: Encompasses Uniform Commercial Code (UCC), state-specific contract laws, and Statute of Frauds requirements for enforceability of agreements.

Export Control Regulations: Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR) governing international software distribution.

Data Privacy and Security: State data protection laws, federal data protection regulations, and cybersecurity requirements affecting software licensing and usage.

Antitrust Considerations: Sherman Antitrust Act, Clayton Act, and Federal Trade Commission Act regulations preventing anti-competitive licensing practices.

Open Source Compliance: Requirements and obligations under various open-source licenses (GPL, LGPL, MIT, Apache) and related disclosure obligations.

Consumer Protection Laws: Federal and state consumer protection statutes, warranty disclaimers, and limitation of liability provisions for software licensing.

Electronic Signatures: Electronic Signatures in Global and National Commerce Act (E-SIGN) and Uniform Electronic Transactions Act (UETA) governing digital contract execution.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

No items found.

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.