BOARD End-User License Agreement

This product (BOARD Management Intelligence) is licensed and registered under Swiss and International Copyright and other Intellectual Property laws.

This is a legal agreement between you (the customer) and BOARD INTERNATIONAL for the software product identified above, which includes computer software and related documentation. By signing this agreement, you acknowledge that you have read these terms and agree to be bound by them. If you do not agree to these terms, BOARD INTERNATIONAL is unwilling to grant you this license, in which case:

 

(1) if you received this software on cd-rom, within thirty (30) days of purchase, you may return the unused software product to the location where you obtained it for a refund, which may be subject to a restocking fee; or

 

(2) if you received this software via download from an internet web site, then you must delete all of the downloaded files and you may obtain a refund in accordance with the refund policy of such internet web site.

1. LICENSE GRANT

Subject to the terms and conditions of this Agreement, BOARD INTERNATIONAL, Via Balestra 18, 6900 Lugano, Switzerland ("BOARD INTERNATIONAL") hereby grants to you a personal, non-exclusive, non-transferable license (a "License") to use the software product identified above (the "Software") and the accompanying printed materials (the "Documentation") on the terms set forth below. BOARD INTERNATIONAL reserves all rights to the Software and Documentation not expressly granted to you.

2. LICENSE FEE

Usage of the software is subject to the payment of a license fee.

3. PRODUCT

The Software and Documentation is a "commercial item", consisting of "commercial computer software" and "commercial computer software documentation".

4. SCOPE OF LICENSE.

This license grants you the following rights:

4.1. Software

If the Software is provided under a single-user license, a single individual may use the software on a single computer. A License for the Software may not be shared by multiple individuals on a single computer or used concurrently on different computers.

If the software is provided under concurrent license, then the software may be installed on multiple computers and used concurrently to the extent of the number of purchased users.

4.2. Storage/Network Use

You may store or install a copy of the Software on a storage device, such as a network server, used only to install or run the Software over an internal network; however, you must either acquire and dedicate a license for each individual who will use the Software or acquire a concurrent users license for each concurrent user. If the Software is installed on a network server or other system that physically allows shared access to the Software, you agree to provide technical or procedural methods to prevent use of the Software by individuals not specifically licensed to use the Software pursuant to this Agreement.

4.3. Support

Information regarding support of this product is located within the Support section of BOARD Internet web site at www.board.com.

5. RESTRICTIONS

5.1. Reverse Engineering

You may not modify, translate, reverse engineer, decompile, disassemble (except to the extent applicable laws specifically prohibit such restrictions) or create derivative works based on the Software or Documentation, or any portion thereof.

5.2. Copying

You may not copy the Software or Documentation except as specifically provided by this Agreement.

5.3. Separation of Components

The Software is licensed as a single product. You may not separate the Software's component parts for use on more than one computer.

5.4. Transfer

You may not sublicense, rent, lease, lend or otherwise temporarily transfer the Software or Documentation.

5.5. Application Service Provider

Except prior BOARD’s written consent, you may not use the Software to build applications or services made available to a third party on the basis of agreements such as Application Service Provider or equivalents.

5.6. Proprietary Notices

You may not remove any proprietary notices, labels or marks on the Software or Documentation.

5.7. Use of BOARD's Name

You may not use BOARD's or its suppliers name, logos, or trademarks in any manner including, without limitation, in your advertising or marketing materials, except as is necessary to affix the appropriate copyright or other proprietary notices as required herein.

6. TITLE

All title, ownership rights, and intellectual property rights in and to the Software and Documentation and any copies thereof are vested in and shall remain in BOARD INTERNATIONAL and/or its suppliers. The Software and the Documentation is protected by the copyright laws and other intellectual property laws of the Swiss and international laws and treaties.

7. SOFTWARE SUBSCRIPTION

Software subscription as set out in this clause, is automatically accepted as part of this license agreement, unless written notice to BOARD INTERNATIONAL, within 90 (ninety) days from purchase date.

Software subscription grants the CUSTOMER all up-dates (correction of errors, modifications, improvements and “standard” extensions) developed by BOARD INTERNATIONAL Functions and programs that represent a “non-standard” extension of the Software, are excluded from software subscription.

Software subscription is free of charge for 3 months from purchase date.

Software subscription period is twelve (12) months, starts 3 months from purchase date, and is subject to an annual fee payable in advance. No software subscription shall be provided while the customer is in default of any of its payment obligations. The software subscription is automatically renewed every year, for an additional subscription period (12 months), unless terminated by written notice to BOARD INTERNATIONAL, at least 90 (ninety) days before expiry date.

8. TERMINATION

This Agreement shall continue in force until and unless terminated.

This Agreement may be terminated immediately by either party on written notice if the other party:

 

a)  is in breach of any of the terms of this Agreement and, in the event of a breach capable of being remedied, fails to remedy the breach within thirty (30) days of receipt of notice of the breach in writing;

 

b) passes a resolution for winding up (otherwise than for the purpose of a solvent amalgamation or reconstruction where the resulting entity assumes all of the other party’s obligations under this Agreement) or if a court makes an order to that effect; or

 

c) ceases to carry on its business or substantially the whole of its business; or

 

d) becomes or is declared insolvent or convenes a meeting of or makes or proposes to make any arrangement or composition with its creditors; or

 

e) has a liquidator, receiver, administrator, trustee, manager or similar officer appointed in respect of any of its assets or if any analogous step is taken in connection with its insolvency or dissolution.

 

Within five (5) days of termination of this Agreement, the customer shall:

 

a) return the Software and the Software Documentation and all copies, partial or complete, of the Software and the Software Documentation made by the CUSTOMER and relevant protection devices, to BOARD; or

 

b) destroy, in accordance with BOARD’s requirements, the Software, the Software Documentation and all copies of the Software and the Software Documentation and relevant protection devices, and confirm in writing that such destruction has taken place.

9. LIMITED WARRANTY

BOARD INTERNATIONAL warrants that the media containing the Software, if such media is provided by BOARD INTERNATIONAL, is free from defects in material and workmanship and will so remain for ninety (90) days from the date you acquired the Software. BOARD INTERNATIONAL's sole liability, and your sole and exclusive remedy, for any breach of this warranty shall be, in BOARD INTERNATIONAL's sole discretion: (i) to replace your defective media; or (ii) if the above remedy is impracticable, to refund the License fee you paid for the Software. Replaced Software and Documentation shall be covered by this limited warranty for the period remaining under the warranty that covered the original Software, or if longer, for thirty (30) days after the date of shipment to you of the replaced Software. Only if you inform BOARD INTERNATIONAL of such defect with the Software during the applicable warranty period and provide evidence of the date you acquired the Software will BOARD INTERNATIONAL be obligated to honor this warranty. BOARD INTERNATIONAL will use commercially reasonable efforts to replace or refund pursuant to the foregoing warranty within thirty (30) days of being so notified.

This is a limited warranty and it is the only warranty made by board international. Except for the limited warranty set forth herein, the software and documentation are provided "as is" and board international makes no other warranty, representation, or condition, express, implied, or statutory, and expressly disclaims the implied warranties of merchantability, fitness for a particular purpose, and non-infringement of third party rights. Some jurisdictions do not allow limitations on how long an implied warranty or condition lasts, so these limitations may not apply to you in their entirety. No board international agent or employee is authorized to make any modifications, extensions, or additions to this warranty.

If any modification is made to the Software or Documentation by you during the warranty period; if the media is subjected to accident, abuse, or improper use; or if you violate the terms of this Agreement, then this warranty shall immediately be voided. This warranty shall not apply if the Software is used on or in conjunction with hardware or software other than the unmodified version of hardware and software with which the Software was designed to be used as described in the Documentation.

This warranty gives you specific legal rights, and you may have other legal rights that vary by jurisdiction.

10. LIMITATION OF LIABILITY

Under no circumstances and under no legal theory, tort, contract, or otherwise, shall board international or its suppliers or resellers be liable to you or any other person for any indirect, special, exemplary, incidental, or consequential damages of any character including, without limitation, damages for loss of goodwill, work stoppage, computer failure or malfunction even if board international shall have been informed of the possibility of such damages. in no event shall the aggregate liability of board international, its suppliers and resellers under this agreement exceed board international's list price for a license to the software and documentation. This limitation of liability shall not apply to liability for death or personal injury to the extent applicable law prohibits such limitation. Furthermore, some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so this limitation and exclusion may not apply to you in its entirety.

11. GENERAL

This Agreement represents the complete agreement concerning this license between the parties and supersedes all prior or contemporaneous agreements and representations between them with respect to the subject matter. This Agreement may be amended only in a writing executed by both parties. The acceptance of any purchase order placed by you is expressly made conditional on your assent to the terms set forth herein, and not those contained in your purchase order, and such purchase order terms shall have no effect on this license agreement. If any provision of this Agreement is held to be unenforceable for any reason, such provision shall be reformed only to the extent necessary to make it enforceable and the remainder of this Agreement shall nonetheless remain in full force and effect.

This agreement shall be governed by the laws of Switzerland and shall be interpreted in conformity of these laws. The competent court for any dispute arising in connection with this contract is the court of Lugano, Switzerland.