Document background
The Product License Agreement serves as a critical legal framework for organizations seeking to license their products while protecting their intellectual property rights under Irish law. This document is essential when a company wants to grant others the right to use their product while maintaining ownership and controlling usage terms. It's particularly relevant in today's digital economy where software, content, and other intellectual property-based products are frequently licensed rather than sold outright. The agreement needs to comply with Irish legal requirements, including the Sale of Goods and Supply of Services Act 1980, Copyright and Related Rights Act 2000, and relevant EU regulations. It can be adapted for various licensing models including perpetual, subscription-based, or term-limited licenses, and can accommodate both business-to-business and business-to-consumer relationships.
