What is the licensing model? Is this on royalty free distribution model?

What is the licensing model? Is this on royalty free distribution model?

FullRecord is full source code, there is no royalties or run times required to use it.

Regarding your finished program, you can add FullRecord in as many as you want, and distribute it freely.

Regarding your development team, you have to buy one licence for each machine were FullRecord will be installed.