License Unreal Engine subscribers need to agree to
Describes the ability to use the software for commercial purposes.
Describes the ability to distribute original or modified (derivative) works.
Describes the ability to modify the software and create derivatives.
Describes the ability for you to grant/extend a license to the software.
Describes whether you must disclose your source code when you distribute the software.
Describes the warranty and if the software/license owner can be charged for damages.
Describes your ability to contact the author about the module you're using.
Describes whether the library can be compiled into the program (linked at compile time rather than runtime, aka dynamic linking).
Including the full text of license in modified software.