Yes - we provide the full cPanel/WHM license. One license is issued per servelet.
The WHM (Web Host Manager) is the account management panel that allows web hosting providers to manager customers' accounts, while cPanel is the site management panel for each individual customer to control the settings for their particular account.
With root access to your WHM panel, you can create accounts for your customers (or for yourself) and then you will be able to provide cPanel site management panel to your customers. You can also access your customer's cPanel management panel from your WHM panel.
Please see this article for more information about server configuration panels options.
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