Common use of Standard License Clause in Contracts

Standard License. Subject to the terms and conditions of this Agreement, DACSLABS hereby grants to Licensee a limited, nonexclusive, nontransferable and revocable license (the “Standard License”) within the Territory and during the Term to: (i) use the Licensed Technology for the sole purpose of distributing the Authorized Products on the Authorized Platform(s), including the right to grant required sub-licenses to third-parties which are involved in the development or distribution process of the Authorized Products, such as external Quality Assurance service providers; (ii) distribute the Licensed Technology (in object code only) as an embedded component of the Authorized Products; (iii) duplicate the Licensed Technology in object code form only pursuant to the terms of this Agreement; (iv) to sub-license the Licensed Technology as an embedded component of an Authorized Product only to end user customers and only as it is delivered to end user by the same distribution platform as the Authorized Product and installed on the end users’ PC as Kernel Drivers for Windows; and (v) to develop Enhancements for use with the Licensed Technology.