Software License Agreement

IEMAddons.com Software License Agreement
This Software License is made by JP SQUARED CONSULTING INC, 6972 WEST 81ST AVE ARVADA CO 80003 USA, to the Customer as an essential element of the services to be rendered by JP SQUARED CONSULTING INC as defined in the system specification and any associated documents and agreement. System shall mean the deliverable product as defined in these documents.

Customer and JP SQUARED CONSULTING INC agree that this Software License is deemed to be part of, and subject to, the terms of the Agreement applicable to both parties.

SECTION 1 LICENSE GRANT AND OWNERSHIP

1.1 JP SQUARED CONSULTING INC hereby grants to Customer a worldwide, perpetual, non-exclusive, non-transferable license to attached software for Customer’s use. Software shall mean executable object code of software programs and the patches, scripts, modifications, enhancements, designs, concepts or other materials that constitute the software programs necessary for the proper function and operation.
1.2 Except as expressly set forth in this paragraph, JP SQUARED CONSULTING INC shall at all times own all intellectual property rights in the software. Any and all licenses, product warranties or service contracts provided by third parties in connection with any software, hardware or other software or services provided in the system shall be delivered to Customer for the sole benefit of Customer.

SECTION 2 COPIES, MODIFICATION, AND USE

2.1 Customer may make copies of the software for archival purposes and as required for modifications to the system. All copies and distribution of the software shall remain within the direct control of Customer and its representatives.
2.2 Customer may make modifications to the source code version of the software, if and only if the results of all such modifications are applied solely to the system. In no way does this Software License confer any right in Customer to license, sublicense, sell, or otherwise authorize the use of the software, whether in executable form, source code or otherwise, by any third parties, except in connection with the use of the system as part of Customer’s business.
2.3 All express or implied warranties relating to the software shall be deemed null and void in case of any modification to the software made by any party other than JP SQUARED CONSULTING INC.

SECTION 3 WARRANTIES AND REPRESENTATIONS

JP SQUARED CONSULTING INC represents and warrants to Customer that:

3.1 it has all necessary rights and authority to execute and deliver this Software License and perform its obligations hereunder and to grant the rights granted under this Software License to Customer;
3.2 the goods and services provided by contractor under this Software License, including the software and all intellectual property provided hereunder, are original to JP SQUARED CONSULTING INC or its subcontractors or partners; and
3.3 the software, as delivered as part of the system, will not infringe or otherwise violate the rights of any third party, or violate any applicable law, rule or regulation.
3.4 JP SQUARED CONSULTING INC further represents and warrants that, throughout the System Warranty Period, the executable object code of software and the system will perform substantially in accordance with the System Specifications and Agreement. If the software fails to perform as specified and accepted all remedies are pursuant to the policies set forth in the Specification and in the Agreement. No warranty of any type or nature is provided for the source code version of the software which is delivered as is.
3.5 Except as expressly stated in this Agreement, there are no warranties, express or implied, including, but not limited to, the implied warranties of fitness for a particular purpose, of merchantability, or warranty of no infringement of third party intellectual property rights.

SECTION 4 INDEMNIFICATION

4.1 JP SQUARED CONSULTING INC hereby indemnifies and shall defend and hold harmless Customer, its parent companies and its and their subsidiaries, affiliates, officers, directors, employees, agents and subcontractors from and against all liability, damages, loss, cost or expense, including but not limited to reasonable attorneys’ fees and expenses, arising out of or in connection with any breach or alleged breach of the Agreement or any third party claims that the software or system here provided by JP SQUARED CONSULTING INC infringes or otherwise violates any rights of any such third party.
4.2 Customer hereby indemnifies and shall defend and hold harmless JP SQUARED CONSULTING INC, its and their subsidiaries, affiliates, officers, directors, employees, agents and subcontractors from and against all liability, damages, loss, cost or expense, including but not limited to reasonable attorneys’ fees and expenses, arising out of or in connection with any third party claims that Customer’s use of the software in contravention of the grant of rights infringes or otherwise violates any rights of any such third party.
4.3 Upon the assertion of any claim or the commencement of any suit or proceeding against an indemnitee by any third party that may give rise to liability of an indemnitor hereunder, the indemnitee shall promptly notify the indemnitor of the existence of such a claim and shall give the indemnitor reasonable opportunity to defend and to settle the claim at its own expense and with counsel of its own selection. The indemnitee shall cooperate with the indemnitor, shall at all times have the right full to participate in such a defense at its own expense and shall not be obligated, against its consent, to participate in any settlement which it reasonably believes would have an adverse effect on its business.

SECTION 5 TRANSFER AND TERMINATION

JP SQUARED CONSULTING INC may terminate this license upon notice for failure to comply with any of terms set forth in this Software License. Upon termination, Customer is obligated to immediately destroy the software, including all copies and modifications.

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