Licensee definition
Examples of Licensee in a sentence
During the term of this Agreement IMC may provide Licensee with error corrections, bug fixes, patches or other updates to the software all of which are and will be the sole property of IMC.
Licensee shall not have any right, title, or interest to any such Software or copies thereof except as provided in this Agreement, and further shall secure and protect all Software and Documentation consistent with maintenance of IMC’s proprietary rights therein.
Licensee hereby acknowledges and agrees that the Software and Documentation constitute and contain valuable proprietary products and trade secrets of IMC, embodying substantial creative efforts and confidential information, ideas, and expressions.
Licensee shall not assign this Agreement or its rights hereunder without the prior written consent of IMC.
Licensee agrees not to modify, reverse engineer, disassemble, or decompile the Software, or any portion thereof.