diff --git a/LICENSE.markdown b/LICENSE.markdown
new file mode 100644
index 00000000..8e61ae60
--- /dev/null
+++ b/LICENSE.markdown
@@ -0,0 +1,29 @@
+Copyright (c) 2009 Christopher M. Eppstein
+
+Permission is hereby granted, free of charge, to any person obtaining
+a copy of this software and associated documentation files (the
+"Software"), to deal in the Software without restriction, including
+without limitation the rights to use, copy, modify, merge, publish,
+distribute, sublicense, and/or sell copies of the Software, and to
+permit persons to whom the Software is furnished to do so, subject to
+the following conditions:
+
+The above copyright notice and this permission notice shall be
+included in all copies or substantial portions of the Software.
+No attribution is required by products that make use of this software.
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND,
+EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF
+MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND
+NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE
+LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION
+OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION
+WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
+
+Except as contained in this notice, the name(s) of the above copyright
+holders shall not be used in advertising or otherwise to promote the sale,
+use or other dealings in this Software without prior written authorization.
+
+Contributors to this project agree to grant all rights to the copyright
+holder of the primary product. Attribution is maintained in the source
+control history of the product.
diff --git a/README.markdown b/README.markdown
index dd3c704b..77c8de67 100644
--- a/README.markdown
+++ b/README.markdown
@@ -5,9 +5,10 @@ A [Sass][sass]-based CSS Meta-Framework that allows you to mix and match any of
 - [Blueprint][blueprint_website] - [Wiki Documentation][bleuprint_wiki]
 - [YUI][yui_website] - [Wiki Documentation][yui_wiki]
 - [960][ninesixty_website] - [Wiki Documentation][ninesixty_wiki]
-- Other frameworks can be added relatively easily. Port your own!
+- Other frameworks can be added relatively easily. Create your own!
 
 ## Compass Provides
+
 1. A [command line tool][command_line_wiki] for managing your Sass projects.
 2. Simple integration with [Ruby-on-Rails][ruby_on_rails_wiki], [Merb][merb_wiki], [StaticMatic][static_matic_wiki], and even [non-ruby application servers][command_line_wiki].
 3. Loads of Sass mixins to make building your website a snap.
@@ -16,7 +17,13 @@ A [Sass][sass]-based CSS Meta-Framework that allows you to mix and match any of
 Please see the [wiki][wiki]
 
 ## Author
-Compass is written by [Chris Eppstein][chris_eppstein]. Chris is the Software Architect of [Caring.com][caring.com] and a member of the [Sass][sass] core team.
+Compass is written by [Chris Eppstein][chris_eppstein].<br>
+Chris is the Software Architect of [Caring.com][caring.com] and a member of the [Sass][sass] core team.
+
+## License
+Copyright (c) 2008-2009 Christopher M. Eppstein<br>
+All Rights Reserved.<br>
+Released under a [slightly modified MIT License][license].
 
 [sass]: http://haml.hamptoncatlin.com/docs/rdoc/classes/Sass.html "Syntactically Awesome StyleSheets"
 [compass_core_website]: http://github.com/chriseppstein/compass/tree/master/frameworks/compass
@@ -34,3 +41,4 @@ Compass is written by [Chris Eppstein][chris_eppstein]. Chris is the Software Ar
 [static_matic_wiki]: http://wiki.github.com/chriseppstein/compass/staticmatic-integration
 [chris_eppstein]: http://acts-as-architect.blogspot.com
 [caring.com]: http://www.caring.com/ "Senior Care Resources"
+[license]: http://github.com/chriseppstein/compass/tree/master/LICENSE.markdown