The National Information Standards Organization has released SERU: A Shared Electronic Resource Understanding. The document "codifies best practices for the sale of e-resources without license agreements."
Here's an excerpt from the press release:
SERU offers publishers and librarians the opportunity to save both the time and the costs associated with a negotiated and signed license agreement by agreeing to operate within a framework of shared understanding and good faith.
Publication of SERU follows a trial-use period of June through December 2007, during which time librarians and publishers reported—all positively—on their experiences using the draft document. . . .
The SERU Working Group was launched in late 2006 following the recommendation of participants in a meeting exploring opportunities to reduce the use of licensing agreements. The 2006 meeting was sponsored by ARL, NISO, the Association of Learned and Professional Society Publishers (ALPSP), the Scholarly Publishing and Academic Resources Coalition (SPARC), and the Society for Scholarly Publishing (SSP). More information about the SERU Working Group, including FAQs and an electronic mailing list, can be found at http://www.niso.org/committees/seru/.