VELOSIS PROPRIETARY SOFTWARE LICENSE AGREEMENT
1. GRANT OF LICENSE
Subject to the terms and conditions of this Agreement and payment of applicable license fees, Velosis grants you a limited, non-exclusive, non-transferable license to use the Velosis software ("Software") solely for your internal business purposes or personal use as specified in your purchase order or subscription agreement.
2. RESTRICTIONS
You may NOT:
- Copy, modify, adapt, or create derivative works of the Software
- Reverse engineer, decompile, disassemble, or attempt to derive the source code
- Distribute, sell, lease, rent, or sublicense the Software to third parties
- Remove or alter any proprietary notices, labels, or marks on the Software
- Use the Software to develop competing products or services
- Share your license credentials or allow unauthorized access
3. OWNERSHIP
The Software is proprietary to Velosis and is protected by copyright laws and international treaty provisions. Velosis retains all right, title, and interest in and to the Software, including all intellectual property rights. This Agreement does not grant you any ownership rights in the Software.
4. PAYMENT TERMS
Use of the Software is contingent upon payment of all applicable fees as specified in your purchase agreement. Failure to pay fees may result in immediate termination of this license.
5. SUPPORT AND UPDATES
Support and updates are provided at Velosis's discretion and may be subject to additional fees. No guarantee of compatibility with future versions is provided.
6. TERM AND TERMINATION
This license is effective until terminated. Velosis may terminate this license immediately if you breach any terms of this Agreement. Upon termination, you must immediately cease using the Software and destroy all copies.
7. WARRANTY DISCLAIMER
THE SOFTWARE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND. VELOSIS DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
8. LIMITATION OF LIABILITY
IN NO EVENT SHALL VELOSIS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR USE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
9. CONFIDENTIALITY
The Software contains trade secrets and confidential information of Velosis. You agree to maintain the confidentiality of the Software and not disclose it to third parties.
10. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of [Your State/Country], without regard to conflict of law principles.
11. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between you and Velosis regarding the Software and supersedes all prior agreements and understandings.
For questions regarding this license, contact: legal@velosis.com