Ps Source Code Licenses Sample Clauses

The "PS Source Code Licenses" clause defines the terms under which source code developed or provided by PS (presumably a party or company) is licensed to another party. Typically, this clause outlines the scope of rights granted, such as whether the licensee can use, modify, or distribute the source code, and may specify any restrictions or obligations, such as confidentiality or attribution requirements. By clearly delineating the permissions and limitations associated with the source code, this clause ensures both parties understand their rights and responsibilities, thereby reducing the risk of disputes over intellectual property usage.