Common use of Demonstration License Clause in Contracts

Demonstration License. Exchange hereby grants to VAR, during the term of the Agreement, a non-exclusive, non-transferable and royalty-free right and license (the "Demo License") to operate the Licensed Software, but only in conjunction with Value-Added Products, for the sole purpose of demonstrating the VAR System in a non-production environment. VAR shall take all reasonable and prudent precautions against unauthorized disclosure or copying of any Licensed Software while demonstrating the VAR System (including, without limitation, making the Licensed Software reasonably inaccessible during inactive demonstration times, and deleting copies of the Licensed Software from the potential customer's computers after completing the demonstrations at the customer site).