COPYCENSE

"One of the puzzling things about sneakwrap licenses is that so many software companies try to keep them secret until after the user purchases the product. A reader recently sent me Company X’s license. Looking it over, I found a number of terms I thought unusually harsh, such as this one:

‘The Agreement and the licenses granted hereunder shall terminate without further notice or action by (Company X) if You become bankrupt or insolvent, make an arrangement with Your creditors or go into liquidation.’

"So if you experience financial difficulties, you lose what was supposed to be a perpetual license. Gee, how fair is that?"

Ed Foster. The Mystery License. The Gripe Line Weblog. Aug. 7, 2004.