Computer programs are essentially made up of object code and source code. The source code is coded in a specific programming language by a programmer and can be read by someone who knows that specific language, and it is also possible to make changes and improvements to that code. If a program is at the source code level, it is useless for computers. Since the source code cannot be understood by the computer, it must be converted to object code for the computer to understand it with an additional process. [1] When: Under merger and acquisition conditions, you only have to pass your source code once. When: Even in a legal investigation situation, the source code should only be transmitted once. While respecting your company`s valuable source code is often considered a preferred option, there are times when you may need to transfer it to someone else. there may even be times when handing over your software is also very useful for businesses. However, in these scenarios, it is always important to understand the conditions under which this situation may occur, why you should do so and how to safely transfer your source code to another party. In addition, the software provider frees the licensee and keeps him free of all damages related to the source code. This source code licensing agreement is between [Sender.FirstName] [Sender.FirstName] (software provider) and [Licensee.FirstName] [Licensee.LastName] (licensed). Both parties agree that direct financial harm cannot be the only harm associated with a breach of this source code license agreement. The duration of this agreement may be indeterminate, but this agreement may be terminated immediately if the terms of this agreement are not met.

This license limits the sale, licensing, distribution or distribution of source code for any of the scripts included in „Software Product,“ either in full, in part, or as modified. Nor can the customer use this source code in its entirety or under any part of it as part of another program that the customer sells, concedes or otherwise distributes by any method. Given all the conditions in this contract, the licensee has non-exclusive and non-transferable rights, as shown below. PandaTip: This model allows the licensee to access and use the source code for the listed software. However, the owner of the software still owns the intellectual property rights to the software. PandaTip: The „Guarantees“ section of this model for the source code agreement makes it clear that the source code is provided „as intended“ with no performance guarantee, stable or continuous reliability. One way to do source code transfer is to enter into a trust contract for the source code. Contract partners are software owners, the person who uses the software, who complies with the legal activity that gives him the right to use the software, and the agents in trust. The fiduciary agent`s fundamental obligation is to ensure that the source code is stored securely with respect to the software and to ensure the confidentiality of the source code. Otherwise, the software owner has the right to claim damages resulting from this situation from the trust agent, since the source code has commercial secrecy characteristics. The importance of source code to the user is displayed at one point in current and qualified updates.

The software cannot be developed, updated and repaired without a source code. As part of the source code trust agreement, the software owner transfers his right to use his software to third parties and promises to carry out the necessary maintenance and update of the software in a timely manner.