This is a funny little piece of comedy thought up by Steven Frank of Stevenf.com. It's his way of making money from social networking, if only he could get all the social networking sites to agree to it. He calls it his Social Networking License Agreement and it has the social networking sites paying him for using their service.

This license agreement includes everything, from a fee to sign up in the first place, to a fee for early termination. It's funny, at least I thought it was, and it seems, so did a few other people.