The license starts with this preamble, and then continues with the
ordinary LGPLv2. Note that this license is more permissive than the
standard LGPL, so this is not a question about whether this is free
software or not.
This Library is distributed under the terms of the GNU Library General
Public License version 2 (included below).
As a special exception to the GNU Library General Public License, you
may link, statically or dynamically, a "work that uses the Library"
with a publicly distributed version of the Library to produce an
executable file containing portions of the Library, and distribute
that executable file under terms of your choice, without any of the
additional requirements listed in clause 6 of the GNU Library General
Public License. By "a publicly distributed version of the Library",
we mean either the unmodified Library as distributed by INRIA, or a
modified version of the Library that is distributed under the
conditions defined in clause 3 of the GNU Library General Public
License. This exception does not however invalidate any other reasons
why the executable file might be covered by the GNU Library General
Many OCaml libraries use a license like this because the relinking
requirements described in LGPL make no sense for OCaml libraries.
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