diff --git a/LICENSE.md b/LICENSE.md
index e9f2d36f..33861e0b 100644
--- a/LICENSE.md
+++ b/LICENSE.md
@@ -1,8 +1,8 @@
 # VCV Rack Licenses
 
-All **source code** in the `src/` directory is copyright © 2018 Andrew Belt and licensed under the [GNU Lesser General Public License Version 3](LICENSE-LGPL.txt). This allows commercial plugins to link to the Rack application.
+All **source code** in the `src/` directory is copyright © 2018 Andrew Belt and licensed under the [GNU Lesser General Public License Version 3](LICENSE-LGPL.txt). This allows open- and closed-source plugins to link to the Rack application while disallowing closed-source forks of Rack itself.
 
-All **header files and scripts** in this repository *excluding* the `src/` directory are copyright © 2018 Andrew Belt and licensed under the [BSD-3-Clause License](LICENSE-BSD.txt). This allows commercial plugins to compile Rack header files into their binaries.
+All **header files and scripts** in this repository *excluding* the `src/` directory are copyright © 2018 Andrew Belt and licensed under the [BSD-3-Clause License](LICENSE-BSD.txt). This allows open- and closed-source plugins to compile Rack header files into their binaries.
 
 Licenses of **third-party libraries** are listed in [LICENSE-dist.txt](LICENSE-dist.txt).