The template is released under the Creative Commons Attribution license. This means it can be used for both private and commercial purposes, edited freely or redistributed as long as you keep the link back to Alpha Studio. The link, however, can be moved to any other place of the site. Do not use the template for websites with illegal or immoral content.
The images come from PublicDomainPictures.net and are in public domain. Please be aware that public domain content may in some cases infringe trademark, property or any other rights of others, so you use it at your own risk.