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License for irMF inferential robust Matrix Factorization, professional version (example, not contractual)

License Summary

■ License expires at the end of the contractual period. The software will then turn automatically into standard mode.

■ Can be used without limitation in non-interactive mode, e.g. in pipelines such as R-code

■ Can be used by max 5 users in interactive mode

■ Non-commercial use only, i.e. used within client company

■ Support provided as follows: we will respond as quickly as possible, usually 1-2 working days. during the whole licensing period

■ The contract will be under the laws of [country to be defined]

irMF inferential robust Matrix Factorization - Terms and conditions

  1. Preamble: This Agreement, signed on Jan x, 2017 (hereinafter: Effective Date) governs the relationship between Client, a Business Entity, (hereinafter: Licensee) and Paul Fogel Consultant, a private person whose principal place of business is [address] (hereinafter: Licensor). This Agreement sets the terms, rights, restrictions and obligations on using irMF inferential robust Matrix Factorization (hereinafter: The Software) created and owned by Licensor, as detailed herein

  2. License Grant: Licensor hereby grants Licensee a Corporate, Non-assignable & non-transferable, Non-commercial, Without the rights to create derivative works, Non-exclusive license, all with accordance with the terms set forth and other legal restrictions set forth in 3rd party software used while running Software.

    1. Limited: Licensee may use Software for the purpose of:

      1. Running Software on Licensee’s Corporate computer(s), Website[s] and Server[s];

      2. Publishing Software’s output to Licensee and 3rd Parties;

    2. This license is granted for the duration of the contracting period [to be defined];

    3. Non-Assignable & Non-Transferable: Licensee may not assign or transfer his rights and duties under this license.

    4. Non-Commercial: Licensee may not use Software for commercial purposes. for the purpose of this license, commercial purposes means that a 3rd party has to pay in order to access Software or that the Website that runs Software is behind a paywall. The client can run on client machines. It may not license the software to other companies.

    5. With support & maintenance: Licensor shall provide Licensee support and maintenance as follows - We will respond as quickly as possible, usually 1-2 working days during the whole licensing period.

  3. Term & Termination: The Term of this license shall be until terminated at the end of the contracting period. Licensor may terminate this Agreement, including Licensee’s license in the case where Licensee:

    1. became insolvent or otherwise entered into any liquidation process; or

    2. exported The Software to any jurisdiction where licensor may not enforce his rights under this agreement in; or

    3. Licensee was in breach of any of this license's terms and conditions and such breach was not cured, immediately upon notification; or

    4. Licensee was in breach of any of the terms of clause 2 to this license; or

    5. Licensee otherwise entered into any arrangement which caused Licensor to be unable to enforce his rights under this License.

  4. Payment: In consideration of the License granted under clause 2, Licensee shall pay Licensor a fee, via Credit-Card, PayPal or any other mean which Licensor may deem adequate. Failure to perform payment shall construe as material breach of this Agreement.

  5. Upgrades, Updates and Fixes: Licensor may provide Licensee, from time to time, with Upgrades, Updates or Fixes, as detailed herein and according to his sole discretion. Licensee hereby warrants to keep The Software up-to-date and install all relevant updates and fixes, and upgrades. Licensor shall provide any upgrade, update or Fix free of charge; however, nothing in this Agreement shall require Licensor to provide Upgrades or Updates.

    1. Upgrades: for the purpose of this license, an Upgrade shall be a material amendment in The Software, which contains new features and or major performance improvements and shall be marked as a new version number. For example, should Licensee purchase The Software under version 1.X.X, an upgrade shall commence under number 2.0.0.

    2. Updates: for the purpose of this license, an update shall be a minor amendment in The Software, which may contain new features or minor improvements and shall be marked as a new sub-version number. For example, should Licensee purchase The Software under version 1.1.X, an upgrade shall commence under number 1.2.0.

    3. Fix: for the purpose of this license, a x shall be a minor amendment in The Software, intended to remove bugs or alter minor features which impair the The Software's functionality. A x shall be marked as a new sub-sub-version number. For example, should Licensee purchase Software under version 1.1.1, an upgrade shall commence under number 1.1.2.

  6. Support: Software is provided with support. Licensor shall provide support via electronic mail and on regular business days and hours.

    1. Bug Notification: Licensee may provide Licensor of details regarding any bug, defect or failure in The Software promptly and with no delay from such event; Licensee shall comply with Licensor's request for information regarding bugs, defects or failures and furnish him with information, screenshots and try to reproduce such bugs, defects or failures.

    2. Feature Request: Licensee may request additional features in Software, provided, however, that (i) Licensee shall waive any claim or right in such feature should feature be developed by Licensor; (ii) Licensee shall be prohibited from developing the feature, or disclose such feature request, or feature, to any 3rd party directly competing with Licensor or any 3rd party which may be, following the development of such feature, in direct competition with Licensor; (iii) Licensee warrants that feature does not infringe any 3rd party patent, trademark, trade-secret or any other intellectual property right; and (iv) Licensee developed, envisioned or created the feature solely by himself.

    3. Support is limited to questions or issues that are specific to The Software. Specifically, questions related to running irMF in a non-Windows environment through virtual machines and so forth will not be addressed.

  7. Liability:  To the extent permitted under Law, The Software is provided under an AS-IS basis. Licensor shall never, and without any limit, be liable for any damage, cost, expense or any other payment incurred by Licensee as a result of Software’s actions, failure, bugs and/or any other interaction between The Software  and Licensee’s end-equipment, computers, other software or any 3rd party, end-equipment, computer or services.  Moreover, Licensor shall never be liable for any defect in source code written by Licensee when relying on The Software.

  8. Warranty

    1. Intellectual Property: Licensor hereby warrants that The Software does not violate or infringe any 3rd party claims in regards to intellectual property, patents and/or trademarks and that to the best of its knowledge no legal action has been taken against it for any infringement or violation of any 3rd party intellectual property rights. Licensee will not be held responsible should any legal action be taken against The Software.

    2. No-Warranty: The Software is provided without any warranty; Licensor hereby disclaims any warranty that The Software shall be error free.

    3. Prior Inspection: Licensee hereby states that he inspected The Software thoroughly and found it satisfactory and adequate to his needs, that it does not interfere with his regular operation and that it does meet the standards and scope of his computer systems and architecture. Licensee found that The Software interacts with his development, website and server environment and that it does not infringe any of End User License Agreement of any software Licensee may use in performing his services. Licensee hereby waives any claims regarding The Software's incompatibility, performance, results and features, and warrants that he inspected the The Software.

  9. No Refunds: Licensee warrants that he inspected The Software according to clause 8.3 and that it is adequate to his needs. Accordingly, as The Software is intangible goods, Licensee shall not be, ever, entitled to any refund, rebate, compensation or restitution for any reason whatsoever, even if The Software contains material flaws.

  10. Indemnification: Licensee hereby warrants to hold Licensor harmless and indemnify Licensor for any lawsuit brought against it in regards to Licensee’s use of The Software in means that violate, breach or otherwise circumvent this license, Licensor's intellectual property rights or Licensor's title in The Software.Licensor shall promptly notify Licensee in case of such legal action and request Licensee’s consent prior to any settlement in relation to such lawsuit or claim.

  11. Governing Law, Jurisdiction: Licensee hereby agrees not to initiate class-action lawsuits against Licensor in relation to this license and to compensate Licensor for any legal fees, cost or attorney fees should any claim brought by Licensee against Licensor be denied, in part or in full.