The MIT license has the following properties (from Ed Burnette's
survey[3] of free software licenses):
1. Code is protected by copyright? Yes
2. Code can be used in closed source projects? Yes
3. Program that uses (incorporates) the software can be sold
commercially? Yes
4. Source to bug fixes and modifications must be released? No
5. Provides explicit patent license? No
I tried to modify the conditions paragraph of the MIT license so
that question 4 (shown above) is given a "Yes" answer. Here are my
variations: