If I purchase the extended license & ship it along with a commercial theme, will all my customers have this plugin for free (updates included)?

Standard extended license terms do not allow you to use items from CodeCanyon in other items that are for sale as stock items. However, item authors are able to give other authors permission to do this at their own discretion.

You are allowed to include Chimpy to your theme for sale on ThemeForest only and your customers would have access to support and updates through you i.e. you will have to support your customers and ship updates via your own product updates.

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