Yes, it does. In fact, as mentioned before, End User License Agreement (EULA) is a legally enforceable contract that protects your intellectual property and copyright while governing the relationship between you and the end user.
For a EULA to be binding, parties must give their mutual consent to its terms, which is typically obtained through the user’s acceptance of the agreement. It is crucial to ensure that the language used in the EULA is coherent and understandable, making it clear to the user that they are entering into a contractual agreement with you.
The primary legal protections provided by a EULA include, amongst others:
ownership rights (intellectual property, etc.);
user’s rights granted under the software license;
restrictions on the use of the license;
disclaimer warranties;
limitation of liabilities.
An example of a legal protection is what an EULA offers against potential lawsuits from end users who claim that your software caused harm or damage. Through carefully crafted clauses, the EULA can establish clear limitations on your liabilities, potentially minimizing legal risks.