diff --git a/LICENSE b/LICENSE.md
similarity index 80%
rename from LICENSE
rename to LICENSE.md
index c96c4d6cb2..0f679ff243 100644
--- a/LICENSE
+++ b/LICENSE.md
@@ -16,18 +16,19 @@ Additional Use Grant: You may use the Licensed Work in a production environment
                       to provide a point of interface to permit end users or applications
                       utilizing the Covered Arbitrum Chains to interact and query the
                       state of a Covered Arbitrum Chain, including without limitation
-                      validating the correctness of the posted chain state. For purposes
-                      of this Additional Use Grant, the "Covered Arbitrum Chains" are
-                      means (a) Arbitrum One (chainid:42161), Arbitrum Nova (chainid:42170),
-                      Arbitrum Rinkeby testnet/Rinkarby (chainid:421611), and
-                      Arbitrum Nitro Goerli testnet (chainid:421613) (b) any future
-                      blockchains authorized to be designated as Covered Arbitrum Chains
-                      by the decentralized autonomous organization governing the Arbitrum
-                      network; and (c) any “Layer 3” Arbitrum-based blockchain that is built
-                      on and settles to another Covered Arbitrum Chain.
-
-
-
+                      validating the correctness of the posted chain state, or to deploy
+                      and operate (x) a blockchain that settles to a Covered Arbitrum Chain
+                      or (y) a blockchain in accordance with, and subject to, the [Arbitrum
+                      Expansion Program Term of Use](https://docs.arbitrum.foundation/assets/files/Arbitrum%20Expansion%20Program%20Jan182024.pdf). For purposes of this
+                      Additional Use Grant, the "Covered Arbitrum Chains" are means 
+                      (a) Arbitrum One (chainid:42161), Arbitrum Nova (chainid:42170), 
+                      rbitrum Rinkeby testnet/Rinkarby (chainid:421611),Arbitrum Nitro
+                      Goerli testnet (chainid:421613), and Arbitrum Sepolia Testnet
+                      (chainid:421614); (b) any future blockchains authorized to be
+                      designated as Covered Arbitrum Chains by the decentralized autonomous
+                      organization governing the Arbitrum network; and (c) any “Layer 3”
+                      Arbitrum-based blockchain that is built on and settles to another
+                      Covered Arbitrum Chain.
 
 
 Change Date:          Dec 31, 2028
diff --git a/README.md b/README.md
index 67a182ec30..a02d55456d 100644
--- a/README.md
+++ b/README.md
@@ -43,7 +43,11 @@ Arbitrum One successfully migrated from the Classic Arbitrum stack onto Nitro on
 
 ## License
 
-We currently have Nitro [licensed](./LICENSE) under a Business Source License, similar to our friends at Uniswap and Aave, with an "Additional Use Grant" to ensure that everyone can have full comfort using and running nodes on all public Arbitrum chains.
+Nitro is currently licensed under a [Business Source License](./LICENSE), similar to our friends at Uniswap and Aave, with an "Additional Use Grant" to ensure that everyone can have full comfort using and running nodes on all public Arbitrum chains.
+
+The Additional Use Grant also permits the deployment of the Nitro software, in a permissionless fashion and without cost, as a new blockchain provided that the chain settles to either Arbitrum One or Arbitrum Nova. 
+
+For those that prefer to deploy the Nitro software either directly on Ethereum (i.e. an L2) or have it settle to another Layer-2 on top of Ethereum, the [Arbitrum Expansion Program (the "AEP")](https://docs.arbitrum.foundation/assets/files/Arbitrum%20Expansion%20Program%20Jan182024.pdf) was recently established. The AEP allows for the permissionless deployment in the aforementioned fashion provided that 10% of net revenue (as more fully described in the AEP) is contributed back to the Arbitrum community in accordance with the requirements of the AEP. 
 
 ## Contact