The Eclipse Foundation is in the process of revising the Eclipse Public License (EPL). Refreshing a popular open source license is a big job, and one that we have been chipping away at for over a year.
The EPL and its predecessor the Common Public License have been around for about 16 years now. For a full presentation on the changes we are considering and their motivation, you can check out our presentation, or the video on YouTube.
Please get involved. Just as importantly, if you are a developer involved in the Eclipse community and ecosystem, encourage your colleagues in the legal department to get involved. The discussions are happening on the email@example.com mail list (subscription required). The most recent public drafts of the EPLv2 can be found here.