4.5 KiB
4.5 KiB
End-User License Agreement (EULA)
Effective Date: ___ [Date] ___
Issued by: Midas Technologies LLC
This End-User License Agreement (“Agreement” or “EULA”) is a legally binding contract between Midas Technologies LLC (the “Licensor”) and you, the end user (the “Licensee” or “User”), governing your use of the Licensor’s proprietary software (the “Software”). By downloading, installing, or using the Software, you agree to the terms of this Agreement. If you do not agree, do not download, install, or use the Software.
1. License Grant
- Limited License: Midas Technologies LLC grants you a non-exclusive, non-transferable, revocable license to install and use the Software solely for your personal or internal business purposes in accordance with this Agreement.
- Restrictions on Use: You may not:
- Copy, modify, or create derivative works of the Software;
- Sell, rent, lease, sublicense, distribute, or transfer the Software;
- Reverse engineer, decompile, disassemble, or attempt to derive the source code of the Software;
- Use the Software for any unlawful purpose or in violation of any laws or regulations.
2. Intellectual Property Rights
- Ownership: Midas Technologies LLC retains all rights, title, and interest in and to the Software, including all intellectual property rights. The Software is licensed, not sold, to you.
- No Rights to IP: This Agreement does not grant you any ownership rights or any other interest in the Software’s intellectual property.
3. Software Updates
- Automatic Updates: Midas Technologies LLC may, at its discretion, provide updates, upgrades, patches, or modifications to the Software (“Updates”) to improve or enhance its functionality. Such Updates may be automatically applied without notice.
- Acceptance of Updates: By using the Software, you agree to receive such Updates and acknowledge that they may affect the functionality of the Software.
4. User Data and Privacy
- Data Collection: The Software may collect certain information about your usage, system interactions, and performance. This data is used for internal analytics to improve the Software’s performance and functionality.
- Privacy Compliance: Midas Technologies LLC is committed to protecting your privacy and will handle any collected data in accordance with applicable privacy laws and its Privacy Policy, which can be found at [Privacy Policy URL].
5. Limitations of Liability
- No Warranty: The Software is provided “AS IS” without warranties of any kind, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement. Midas Technologies LLC does not warrant that the Software will be error-free, uninterrupted, or compatible with all devices.
- Limitation of Liability: To the maximum extent permitted by law, Midas Technologies LLC shall not be liable for any indirect, incidental, consequential, or special damages, including but not limited to lost profits, data loss, or business interruption, arising from or related to your use of the Software, even if advised of the possibility of such damages.
6. Termination
- Termination by Licensor: Midas Technologies LLC reserves the right to terminate this Agreement and your access to the Software at any time if you fail to comply with any of its terms.
- Effect of Termination: Upon termination, you must immediately cease all use of the Software and delete all copies from your systems. Termination does not limit any other rights or remedies available to Midas Technologies LLC under this Agreement or by law.
7. Governing Law and Jurisdiction
- Governing Law: This Agreement shall be governed by the laws of the State of [Your State], without regard to its conflicts of laws principles.
- Jurisdiction: Any disputes arising out of or related to this Agreement or the Software shall be resolved in the courts of [Your State], and you consent to the jurisdiction of such courts.
8. Entire Agreement
- This Agreement constitutes the entire agreement between you and Midas Technologies LLC regarding your use of the Software, superseding any prior agreements or understandings, written or oral, related to its subject matter.
Acknowledgment of EULA
By installing or using the Software, you acknowledge that you have read, understood, and agree to be bound by this End-User License Agreement.