The software license and maintenance agreement is a contract that offers maintenance to the software that has been bought. Most of the software licenses have the maintenance agreement incorporated in them. The significance of obtaining a software license is that the software publisher still has the ownership of the software and no one else has the rights to reproduce or reverse engineer the same without the consent of the software publisher.
The software license and maintenance agreement provides the user with periodic updates which is classified into minor and major updates. The minor updates fine tune the software and is free of cost whereas the user need to purchase a major upgrade. The agreement does not list technical support under maintenance. The maintenance agreement also specifies the terms and conditions of software usage and the warranty of the software. Thus, such an agreement has to be drafted with utmost appropriateness.
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