Standard Software Licenses definition
Standard Software Licenses means a customary, standard-form, non-negotiated license agreement associated with, and permitting use of, generally commercially available software in object code (other than development tools and development environments) available for a cost of not more than $20,000 per year for a perpetual license for a single user or work station (or $150,000 per year in the aggregate for all users and work stations).
Examples of Standard Software Licenses in a sentence
Section 3.18(d)(i) of the Disclosure Schedule sets forth all Inbound Licenses for Intellectual Property distributed with, or necessary for the operation of, the Company Products or entered into outside of the ordinary course of business by which any member of the Company Group is currently bound, excluding Standard Software Licenses and licenses for Open Source Software.