New users of software typically enter into an End User License Agreement (EULA), which legally defines the relationship between the licensor (provider) and the licensee (user or company). The EULA is a contract that defines the rights of the buyer for the installation and use of the software. Free and open source licenses are generally divided into two categories: those that aim to have minimum requirements on how to redistribute the software (permissive licenses) and Share-Alike (Copyleft licenses) that protect. Improved license monitoring means that IT managers can acquire the appropriate types of software licenses in appropriate quantities to meet business requirements. They can also identify ways to secure quantities by renewing licenses in large quantities. There are many types of software licenses with different terms, support agreements, restrictions, and costs. Users should understand the basics of software licenses to ensure a complete understanding of responsibilities and compliance with legal provisions and restrictions. An example of a free software license with Copyleft is the frequently used Gnu General Public License (GPL), also the first Copyleft license. This license is intended to give all users complete freedom to use, study, and modify the software privately, and if the user complies with the terms of the GPL, the freedom to distribute or modify the software.
For example, all changes made and transmitted by the end user must contain the end user`s source code, and the license of a derivative work must not go beyond what the GPL allows.  There are several subtypes of software licenses that each have their own specific conditions for modifying or distributing the licensed software. These terms and conditions are expressed in a license agreement. Software licenses are as important to software providers as they are to users for many reasons: if a customer needs the assistance that source code can provide, the customer should request a source code trust agreement and properly manage the agreement by regularly verifying that the software manufacturer has filed the source code and corresponding associated materials for the licensed software. The intellectual property related to these works belongs to the public, as in the case of open source software. Below are some of the types of proprietary software licenses that IT experts should be aware of. Both parties have been informed of all the conditions set out in the source code license agreement. By signing below, both parties accept and accept this Agreement….