Licence to operate a website for licensee's business
Comprehensive agreement suitable for the owner of a
website who offers it for an annual fee to someone else, for
that third party to operate as if it was his own
About this document
This agreement regulates a situation where for example, an owner of a website offers it for an annual fee to someone else, for that third party to operate as if it was his own.
The website continues to be hosted through the licensor, who receives a fee for this ongoing service. Note that hosting terms are not included as they may be extensive. A flexible and comprehensive website hosting agreement is linked at the right of this page.
The licensor may have just one site which he is reluctant to sell or he may make a business out of writing and licensing sites to others.
The advantage of a license to the licensor is that he retain possession and control of the website. The advantage to the licensee is that he has a site immediately and pays an annual fee rather than a capital sum.
Application
and features
Fair to both parties, but could be tailored to specific requirements of one side or frequent user
Suitable for any type of website
Written in plain English!
Contents
Terms of the agreement for sale and list of subject matter of sale
Allocation of purchase price, when and how it is to be paid
What happens to complete the transaction
Licensor's warranties
Licensee’s warranties - what the licensee may and may not do with the website
Mediation of a dispute before court action
Appropriate legal provisions to protect your interests
Word
Count (approximate):
Document: 1730
words
Explanatory notes:
280
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
