Common use of Multi-User License Clause in Contracts

Multi-User License. i. You may purchase additional users and grant access to the Software. Access to the Software is solely based on the number of users purchased. Access is granted to the specific persons corresponding to the number of user licenses purchased, with no substitution of such users (for example, if you purchased a 3 user license pack and you have 10 employees in your company, the original 3 specific persons who were initially provided with access to and use of the Software, are the only persons licensed to use the Software, unless you purchase additional licenses). ii. In the event an employee quits or is fired who the original user license was granted to, license maybe transferred to a new user by providing written notice to TwinPeaks Software.