Functional Source License, Version 1.1, MIT Future License

This is a reading of the license Functional Source License, Version 1.1, MIT Future License. It covers Software. Version 2 of the model.

1. What you may do

This license permits the following.
Commercial use. Using the work to generate income, directly or indirectly, for example by selling it or by using it in advertising.
Derivative works. Distributing an adaptation of the work and making it available to the public.
Derive. Creating a new work from the work, such as a translation, adaptation or arrangement of it or of a part of it.
Display. Showing the work to the public without making a copy the viewer keeps.
Distribute. Providing copies of the work to the public or to anyone else.
Modified works. Distributing a modified version of the work that does not amount to a new, derivative work.
Modify. Altering the work, for example by updating it, without creating a new work; an alteration that creates a new work is Derive.
Patent grant. Granting a license under the patent claims that a contributor holds and that the contribution necessarily infringes.
Present. Performing the work in public, including by broadcast or other communication to the public.
Reproduce. Making copies of the work in any form.

2. What you must do

These conditions come with the permissions above.
Notice. Notice: keeping the license and copyright notices with every copy. It is a condition of derive.
Share alike. Adaptations have to be licensed under the same license or one the license names as compatible. It is a condition of derive.
Notice. Notice: keeping the license and copyright notices with every copy. It is a condition of distribute.
Share alike. Adaptations have to be licensed under the same license or one the license names as compatible. It is a condition of distribute.
Notice. Notice: keeping the license and copyright notices with every copy. It is a condition of modify.
Share alike. Adaptations have to be licensed under the same license or one the license names as compatible. It is a condition of modify.

3. What you may not do

This license prohibits the following.
Change license. Replacing the license of the work, or of an adaptation, with another license, or changing its terms.
Patent license ends on a patent claim. Not a ban on suing: a patent claim ends the patent license, or the whole license, as the text provides.
Promote. Using the name or trademarks of the licensor or of contributors to endorse or promote a product.

4. Further terms

The license states these terms about itself.
Validity period: Perpetual.
Region: Worldwide.
Field of use restriction: any Permitted Purpose, which is any purpose other than a Competing Use.
Reciprocity scope: all copies, modifications and derivatives of the Software.

5. Warranty, liability and support

The license carries the following clauses, quoted from the model.
Warranty disclaimer: THE SOFTWARE IS PROVIDED "AS IS" AND WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE, MERCHANTABILITY, TITLE OR NON-INFRINGEMENT.
Limitation of liability: IN NO EVENT WILL WE HAVE ANY LIABILITY TO YOU ARISING OUT OF OR RELATED TO THE SOFTWARE, INCLUDING INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, EVEN IF WE HAVE BEEN INFORMED OF THEIR POSSIBILITY IN ADVANCE.
Additional clauses: The "Software" is each version of the software that we make available under these Terms and Conditions, as indicated by our inclusion of these Terms and Conditions with the Software.

This text was generated from the machine readable model of the license. It is not legal advice, and only the license itself is binding.