docs: update LICENSE

Author: silambarasani

LICENSE

@@ -1,16 +1,12 @@
-Syncfusion Licence
+## Syncfusion License
 
-The Essential JS 2 library is part of the Syncfusion Essential Studio program and is available under either the Syncfusion Community License Program or a Syncfusion Commercial License.
+Syncfusion React Components is available under the Syncfusion Essential Studio program, and can be licensed either under the Syncfusion Community License Program or the Syncfusion commercial license.
 
-Eligibility for the Syncfusion Community License Program requires:
+To be qualified for the Syncfusion Community License Program, you must have gross revenue of less than one (1) million U.S. dollars (USD 1,000,000.00) per year and have less than five (5) developers in your organization, and agree to be bound by Syncfusion’s terms and conditions.
 
-1. Annual gross revenue of less than $1,000,000 USD.
-2. Fewer than five (5) developers in your organization.
+Customers who do not qualify for the community license can contact sales@syncfusion.com for commercial licensing options.
 
-Additionally, you must agree to comply with Syncfusion's terms and conditions.
+You may not use this product without first purchasing a Community License or a Commercial License, as well as agreeing to and complying with Syncfusion's license terms and conditions.
 
-Organizations that do not meet these criteria can contact mailto:sales@syncfusion.com for commercial licensing options.
-
-It is mandatory to obtain either a Community License or a commercial license and to agree to Syncfusion's terms and conditions before using this product.
-
-The complete Syncfusion license agreement, including all terms and conditions, is available at https://www.syncfusion.com/content/downloads/syncfusion_license.pdf.
+The Syncfusion license that contains the terms and conditions can be found at
+[https://www.syncfusion.com/content/downloads/syncfusion_license.pdf](https://www.syncfusion.com/content/downloads/syncfusion_license.pdf)