SOFTWARE LICENSE AGREEMENT IMPORTANT — PLEASE READ CAREFULLY This Software License Agreement (“Agreement”) is a binding legal contract between Lasersoft, Inc., a Michigan corporation (“Licensor”), and the customer (“Licensee” or “You”), governing the use of the LC3D™ and/or Lasersoft Convert™ software and all related documentation (collectively, the “Software”). By making any payment (including down payment, deposit, or subscription) or using the Software in any capacity, You acknowledge that You have read, understood, and agree to be legally bound by this Agreement. If You do not agree to these terms, do not use the Software and notify Lasersoft, Inc. immediately to arrange for its removal. 1. GRANT OF LICENSE Lasersoft, Inc. grants You a limited, non-exclusive, non transferable license to use the Software solely for Your internal business or personal purposes, subject to the terms of this Agreement. Unless otherwise stated in writing, this license applies to one designated workstation or computer at the customer’s site where the Software is installed by Lasersoft, Inc. 2. ACCEPTANCE OF TERMS You agree that this Agreement becomes binding and enforceable upon the earliest of: 1. Payment or partial payment (including down payment, deposit, or subscription fee) for the Software; or 2. Use or operation of the Software for any purpose. No signature or online acceptance is required for this Agreement to be valid. 3. SUBSCRIPTION TERM AND RENEWAL All Software licenses are provided on a subscription basis, unless expressly stated otherwise on the Lasersoft estimate or invoice. Subscriptions are paid in advance and are non refundable, even if the Software is no longer used. Subscription terms are either monthly or yearly, as specified on the invoice or estimate. Subscriptions automatically renew for successive terms unless canceled in writing at least 30 days before the renewal date. Failure to make timely payment may result in suspension, deactivation, or termination of the Software license. All subscriptions are paid in advance and non-refundable. 4. RESTRICTIONS You may not copy, modify, translate, or create derivative works based on the Software; reverse engineer, decompile, or disassemble the Software; rent, lease, sublicense, or distribute the Software; transfer, sell, or assign the Software license to any third party without written consent from Lasersoft, Inc.; remove or obscure any copyright, trademark, or proprietary notice; or use the Software for unlawful or unauthorized purposes. 5. OWNERSHIP AND COPYRIGHT The Software is licensed, not sold. Lasersoft, Inc. retains all rights, title, and interest in and to the Software, including all intellectual property rights. All trademarks, including LC3D™ and Lasersoft Convert™, are the exclusive property of Lasersoft, Inc. 6. LICENSE TRANSFER AND MAINTENANCE This license is non transferable without prior written consent from Lasersoft, Inc. Any attempted assignment or sublicense without authorization is void. Lasersoft, Inc. may, at its discretion, offer optional maintenance or support plans that include updates, upgrades, and technical support. Such plans, if any, are governed by separate written terms or invoices. 7. TERM AND TERMINATION This Agreement remains in effect for as long as the subscription or license term is active. Lasersoft, Inc. may terminate this Agreement immediately if You fail to comply with its terms or fail to make payment when due. Upon termination or expiration, You must cease all use of the Software, and Lasersoft, Inc. may remotely disable, uninstall, or deactivate the Software. 8 DISCLAIMER OF WARRANTIES: THE SOFTWARE IS PROVIDED “AS IS.” LASERSOFT, INC. DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. YOU ASSUME ALL RISKS ASSOCIATED WITH THE USE OF THE SOFTWARE. 9. LIMITATION OF LIABILITY IN NO EVENT SHALL LASERSOFT, INC. OR ITS OFFICERS, EMPLOYEES, OR AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES (INCLUDING LOSS OF PROFITS, BUSINESS INTERRUPTION, OR DATA LOSS). 10. GOVERNING LAW This Agreement shall be governed by and construed in accordance with the laws of the State of Michigan, USA, without regard to its conflict-of-law principles. Any legal action or proceeding arising under this Agreement shall be brought exclusively in the state or federal courts located in Oakland County or Macomb County, Michigan. 11. ENTIRE AGREEMENT This Agreement, along with any Lasersoft invoice or estimate, constitutes the entire understanding between the parties and supersedes all prior communications, proposals, or agreements, whether written or oral. 12. CONTACT INFORMATION Lasersoft, Inc. Email: [email protected] Website: www.lasersoft-inc.com 13. NOTICE OF ACCEPTANCE By making any payment, deposit, or by using LC3D™ or Lasersoft Convert™, you acknowledge and agree to all terms of this Software License Agreement with Lasersoft, Inc
