Licensing a website's code [on hold]

Posted by RosiePea on Pro Webmasters See other posts from Pro Webmasters or by RosiePea
Published on 2014-05-27T23:15:46Z Indexed on 2014/05/28 4:05 UTC
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I just changed to a new contract that I want to use with all my future clients. I love this contract. It's in plain English, very readable, very understandable. It has this statement regarding ownership of the website after it's been paid for:

After any outstanding balance for the project is paid, we will assign to you all copyrights in the graphical and visual elements of the design that we will create under the scope of this project. However, we will retain the copyright to all coding elements, but will provide you with a license for you to use these elements in the deliverables of this project.

What is this license of which it speaks? I understand the concept: I maintain all rights to my code but allow them to use it in this particular website. That part's new in this contract, and I like it a lot. But now... what? I have to come up with a license to hand the client when the website is paid for. But which license? And do I physically (or electronically) give them something, a document kind of like the contract itself? I've been reading all about licenses all day today and I'm no closer to answering this question.

Any words of advice out there?

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