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This is followed by a licensing fee of $US1000 per seat for the commercial release of OrCAD . Converge will release the next version of its CAD-manager, featuring integration with Electronic Design, a typical sales contract which specifies the rights granted to the purchaser of the technology and links the features and benefits purchased to the terms of the contract. In addition to the standard use licenses, the purchaser can also license the technology in accordance with a concurrent-use license (CUL) which imposes additional terms on the purchaser which must be met. There are two broad categories of software licenses. Category 1: “Standard” license (“Use” license) Standard licenses cover the products by giving the purchaser a limited, worldwide right to use the software. The purchaser is permitted to use the software in accordance with the terms of the license. The purchaser’s rights are subject to the terms of the license and are nontransferable, but they may be assigned to a successor. Category 2: Concurrent use license (CUL) CULs provide more flexibility for the purchaser, and give the purchaser the right to use the product in accordance with the terms and conditions specified in the license. The purchaser’s rights are strictly limited to the license terms. Category 2 licenses often include a number of specific features and benefits which are tied to the purchase. Category 2 licenses cover the product by giving the purchaser a right to use the software in accordance with the terms and conditions specified in the license. The purchaser’s rights are strictly limited to the license terms. Category 2 licenses may include a number of specific features and benefits which are tied to the purchase. Category 2 licenses are often required for use in certain government or manufacturing industries, for example: Category 3: On-sale license (OSL) Category 3 licenses are for the sale of product which is to be used by the purchaser exclusively for their own business. Category 3 licenses are often required for use in certain government or manufacturing industries, for example: Category 4: Home-use license (HUL) Category 4 licenses are for the home-use of product. Category 4 licenses are often required for use in certain government or manufacturing industries, for example: Category 5: Academic license (A
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