This SaaS application, [application name] ("application," "we," or "us"), is licensed to you on a subscription basis. By subscribing to and using the application, you agree to the terms of this license policy ("policy").
The application is licensed to you on a subscription basis, meaning that you are granted a limited, non-exclusive, non-transferable license to access and use the application for the duration of your subscription. You are not allowed to sell, distribute, or sublicense the application or any part of it to any third party.
You are not allowed to:
The application and all related intellectual property rights, including but not limited to patents, trademarks, and copyrights, are owned by us or our licensors. You do not acquire any ownership rights by subscribing to and using the application.
We reserve the right to terminate your subscription and access to the application at any time, with or without cause, upon notice to you. Upon termination, you must immediately stop using the application and destroy all copies of it in your possession or control.
THE APPLICATION IS PROVIDED "AS IS," WITH ALL FAULTS AND DEFECTS, AND WITHOUT WARRANTY OF ANY KIND. WE AND OUR LICENSORS DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
IN NO EVENT SHALL WE OR OUR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO LOST PROFITS, LOSS OF DATA, OR COSTS OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE APPLICATION.
This policy and your use of the application are governed by the laws of the [state/country].
We may update this policy from time to time to reflect changes in our practices or applicable laws. We encourage you to review the policy periodically to stay informed about our license terms and your obligations.
If you have any questions about this policy, please contact us at [contact@application.com].
Last updated: [date]