BETA WETx END USER LICENSE AGREEMENT ("EULA")

The herein contained End User License Agreement (the "Agreement" or "License" or "EULA'') shall be considered a legally binding agreement between you (an individual or an entity, hereinafter "Licensee" or "You" or "Your") and WETx for the use of the specified software! WETx Dashboard, which may include related printed material, media and any other components and/or software modules, including but not limited to required drivers (the "Product"). Other aspects of the Product may also include, but are not limited to, software updates and any upgrades necessary that WETx may supply to You or make available to You, or that You obtain after the initial copy of the Product, and as such that said items are not accompanied by a separate license agreement or terms of use.

 

BY WAY OF THE INSTALLATION, COPYING, DOWNLOADING, ACCESSING OR OTHERWISE USE OF THIS PRODUCT, YOU ARE AGREEING TO BE LEGALLY BOUND BY THE HEREIN CONTAINED TERMS OF THIS LICENSE AGREEMENT. IF YOU DO HOT AGREE TO BE BOUND BY THE TERMS OF THIS EULA, YOU THEN HAVE NO RIGHTS TO THE PRODUCT AND SHOULD THEREFORE HOT INSTALL, COPY, DOWNLOAD, ACCESS NOR USE THE PRODUCT.

 

THIS PRODUCT IS PROTECTED BY COPYRIGHT LAWS, AS WELL AS ANY OTHER INTELLECTUAL PROPERTY LAWS.

THIS PRODUCT IS LICENSED AND NOT SOLD.

 

1.     DEFINITIONS AND INTERPRETATIONS

1.01 "Agreement" or "License" or "EULA" shall mean this End User License Agreement.

1.02  "Licensee" or "You" or "Your" shall mean You, the individual or business entity licensing the Product under the terms of this Agreement.

1.03 "Intellectual Property" means current and future worldwide rights under patent law, copyright law, trade secret law, trademark law. moral rights law, and other similar rights.

1.04 "Update" means maintenance of, or a fix to, a version of Product, including, but not limited to: a hotfix, patch, or enhancement, none of which function as a standalone service or other software package and which do not have an additional cost for any existing Licensee.

1.05 "Upgrade" means a major, standalone version of Product, which may include additional applications, features, or functionality.

1.06 A person includes a natural person, corporate or unincorporated body (whether or not having separate legal personality) and that person's legal and personal representatives, successors and permitted assigns.

1.07 Words in the singular shall include the plural and vice versa.

1.08 A reference to one gender shall include a reference to the other genders.

1.09 A reference to a statute, statutory provision or subordinate legislation is a reference to it as it is in force from time to time, taking account of any amendment or reenactment and includes any statute, statutory provision or subordinate legislation which it amends or re- enacts; provided that, as between the Parties. no such amendment or re-enactment shall apply for the purposes of this Agreement to the extent that it would impose any new or extended obligation, liability or restriction on, or otherwise adversely affect the rights of, any Party.

1.10 A reference to writing or written includes e-mail.

1.11 Any obligation in this Agreement on a person not to do something includes an obligation not to agree or allow that thing to be done.

1.12. Any phrase introduced by the terms "including", "include", "in particular" or any similar expression shall be construed as illustrative and shall not limit the sense of the words preceding those terms.

1.13 References to articles, sections, or clauses are to the articles, sections, and clauses of this Agreement.

1.14 "We", "us". and "our", means WETx.

 

2.0 LICENSE GRANT. WETx shall grant to You a non-exclusive license for the use and installation of the Product subject to all the terms and conditions set forth herein. Furthermore, this EULA shall also govern any and all software Updates and Upgrades provided by WETx that would replace, overwrite and/or supplement the original installed version of the Product, unless those other Updates and Upgrades are covered under a separate license, in which case the terms of the license will govern.

3.0 TERMINATION. Should You breach this EULA. Your right to the use of the Product wit! immediately terminate and shall terminate without any notice being given. However, all provisions of this EULA, with the exception of the License grant, shall survive termination and will remain in effect. Upon termination of the License grant, You MUST destroy any and all copies of the Product.

 

4.0 INTELLECTUAL PROPERTY

4.01 PROTECTED PRODUCT. The Product is protected by copyright and Other Intellectual Property laws and treaties, and as such all rights, title and interest in and to the content offered, including but not limited to, any photographs, images, video animation. text, and music, that may be incorporated as part of the offered content. Such offered content is protected by copyright laws and international treaty provisions. Therefore, offered content must be treated as any other copyrighted material, with the exception that it is allowable for You to make copies as provided by the License. However, printed material, which may accompany any offered content, may not be copied.

4.02 NO GRANT OF RIGHTS. Except as expressly stated herein, this Agreement does not grant either Party any rights to the others content or any of the other’s Intellectual Property. Specifically, WETx owns all Intellectual Property rights in Product.

4.03 RIGHT OF PUBLICITY. You agree, with respect to publicity that: (a) WETx may include Licensee or its brand in a list of Licensees, online, or in promotional materials; and (b) WETx may verbally reference Licensee as a licensee of Product.

 

5. RESTRICTIONS ON USE. As a Licensee. You may not! (a) Make use of the offered content on more than one computer at a time, without prior purchase of additional licenses: (b) You may not share, distribute, lend, lease, sublicense or otherwise make available, in any manner whatsoever, to any third party the offered content; (c) Modify, adapt, create derivative works from or translate any part of the offered content other than what may be used within Your work in accordance with this License; (d) Reverse engineer, decompile or disassemble the offered content, nor attempt to locate or obtain its source code. (e) Attempt to alter or remove any trademark, copyright or other proprietary notice contained within the offered content: or (f) Make use of any offered content in any manner not stipulated within this EULA or the documentation accompanying the offered content.

 

6. UPDATES/UPGRADES. WETx may find the need to make available Updates or

Upgrades for the Product, in accordance with lhe herein contained terms and conditions of this EULA. It shall be at the sole discretion of WETx.io to make conditional releases of said Updates or Upgrades to You upon Your acceptance of another EULA or eXecution of another separate agreement. Should You elect to install and make use of these updates, You are therefore agreeing to be subject to all applicable license, terms and conditions of this EULA and/or any other agreement.

 

7. DISCLAIMER OF WARRANTY. WETx shall use reasonable efforts consistent with prevailing industry standards to maintain Product in a manner which minimizes errors and interruptions.

 

HOWEVER, WETx  DOES NOT WARRANT THAT PRODUCT WILL BE UNINTERRUPTED OR ERROR FREE; hIOR DOES IT MAKE ANY WARRAhITY AS TO THE RESULTS THAT MAY BE OBTAINED FROM USE OF PRODUCT.

 

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, EXCEPT AS EXPRESSLY PROVIDED FOR HEREIN AND NOTWITHSTANDING ANYTHING TO THE CONTRARY, NEITHER PARTY OR ANY OFFICER, DIRECTOR, SUBSIDIARY, AFFILIATE, OR EMPLOYEE OF EITHER PARTY, MAKES ANY OTHER WARRANTY

OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR USE, AHD NONINFRINGEMENT. NEITHER WETx NOR ANY OFFICER, DIRECTOR, SUBSIDIARY, AFFILIATE, OR EMPLOYEE OF WETx MAKES ANY REPRESENTATION OR WARRANTY ABOUT AHY CONTENT OR INFORMATION MADE ACCESSIBLE BY OR THROUGH PRODUCT.

 

8. LIMITATION OF LIABILITY AND REMEDIES. In spite of any damages that You may or may not incur for any reason, which may include, but are not limited to. any and all direct or general damages, the entire liabili\y of WETx and/or any of the aforementioned suppliers covered under the herein contained provisions of this EULA, along with Your

exclusive remedy with regards to all of the foregoing, shall hereby be limited to the greater of the amount actually paid by You for this Productor the amount of $ Limited To The Amount Paid For Use. The aforementioned limitations, exclusions and any disclaimers shall apply to the maximum extent allowable by law, even should any proposed remedy fail its essential purpose.

 

9. EXPORT CONTROLS. By installing the Product, You hereby agree that You will comply with any and all applicable export laws, restrictions and all regulations of the U.S. Department of Commerce, U.S. Department of Treasury, and any other U.S. or foreign agency or authority with regards to this provision of the EULA, You expressly agree not to export or re-export, nor allow the export or re-export of the offered content in violation of any such law, restriction or regulation, including without limitation, export or re-export to any country subject to any and all applicable U.S. trade embargoes or to any prohibited destination, in any group specified in the current "Supplement No. 1 to Part 740 or the Commerce Control List specified in the then current Supplement No 1 to Pan 738 of the U.S. Export Administration Regulations (or any successor supplement or regulations)."

 

10. U.S. GOVERNMENT END USERS. The offered content is licensed by the U.S. Government with RESTRICTED RIGHTS. The use, duplication of, or the disclosure by the U.S. Government, shall be subject to restrictions in accordance with DFARS 252.227-7013 of the Technical Data and Computer Software clause, and 48 DCR 52.227-19 of the Commercial Computer Software clause, as applicable.

 

11. MISCELLANEOUS

11.01 SUCCESSORS AND ASSIGNS. This EULA, in its entirety, shall be legally binding upon and inure to the benefit of WETx and You, our respective successors and permitted

11.02 SEVERABILITY. If any provision of this Agreement is held to be illegal, invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall not be affected.

11.03 WAIVER. If there is any waiver of any breach or failure to enforce any of the provisions contained herein, it shall not be deemed as a future waiver of said terms or a waiver of any other provision of this EULA.

11.04 AMENDMENTS. Any waiver, supplementation, modification or amendment to any provision of this EULA, shall only be effective when done so in writing and signed off by WETx and You.

11.05 GOVERhIlHG LAW. This EULA shall be governed solely by the laws of the State of Utah and of the United States. Should any action arise out of or in relation to this EULA, such action may be brought exclusively in the appropriate federal or state court in Salt Lake City, Utah, and as such, You and WETx irrevocably consent to the jurisdiction of said court and venue for Salt Lake City, Utah.

11.06 AS5IGNMEhITS. You may not assign or transfer any part of this Licensee without the written consent of WETx, except that, if a change of control occurs (including a sale or merger). the Party experiencing the change of control may ensure this License remains in full force and effect by providing written notice to the other Party within thirty (30) days after the change of control.

11.07 VALID AND BINDING This Agreement constitutes a valid and legally binding obligation of the Parties, enforceable against the Parties in accordance with its terms, subject in all respects to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws relating to or affecting creditors' rights generally and general equitable principles.

11.08 EFFECT OF TITLE AND HEADINGS. The title of the Agreement and the headings of Sections, and Clauses are included for convenience and shall not affect the meaning of the Agreement or the Section.

11.09 FORCE MAJEURE. Except for payment obligations, if either Party is prevented from performing or is unable lo perform any of its obligations under this License due to causes beyond the reasonable control  of the Party invoking this provision,  including but  not limited to acts of God, acts of civil or military authorities, riots or civil disobedience, wars, strikes or labor disputes (each, a "Force Majeure Event"), such Party’s performance shall be excused and the time for performance shall be extended  accordingly  provided that  the Party immediately takes all reasonably necessary steps to resume full performance.

26 South Rio Grande, STE 2072 SLC, UT  84101 | info@wetx.io | Tel: +1.801.203.0116

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