End User License Agreement Studio V5 Corp

PLEASE READ THIS AGREEMENT CAREFULLY BEFORE USING THE PROGRAM. STUDIO V5 WILL LICENSE THE PROGRAM TO YOU ONLY IF YOU FIRST ACCEPT THE TERMS OF THIS AGREEMENT. BY USING THE PROGRAM YOU AGREE TO THESE TERMS. IF YOU DO NOT AGREE TO THE TERMS OF THIS AGREEMENT, PROMPTLY RETURN THE UNUSED PROGRAM TO THE PARTY (EITHER STUDIO V5 OR ITS RESELLER) FROM WHOM YOU ACQUIRED IT TO RECEIVE A REFUND OF THE AMOUNT YOU PAID.

The Program is owned by STUDIO V5 CORP. or one of its subsidiaries (STUDIO V5) or an STUDIO V5 supplier, and is copyrighted and licensed, not sold.

The term "Program" means the original program and all whole or partial copies of it. A Program consists of machine-readable instructions, its components, data, audio-visual content (such as images, text, recordings, or pictures), and related licensed materials.

This Agreement is the complete agreement regarding the use of this Program, and replaces any prior oral or written communications between you and STUDIO V5.

1. License

Use of the Program

STUDIO V5 grants you a nonexclusive license to use the Program.

You may 1) use the Program to the extent of authorizations you have acquired and 2) make and install copies to support the level of use authorized, providing you reproduce the copyright notice and any other legends of ownership on each copy, or partial copy, of the Program.

If you acquire this Program as a program upgrade, your authorization to use the Program from which you upgraded is terminated.

You will ensure that anyone who uses the Program does so only in compliance with the terms of this Agreement.

You may not 1) use, copy, modify, or distribute the Program except as provided in this Agreement; 2) reverse assemble, reverse compile, or otherwise translate the Program except as specifically permitted by law without the possibility of contractual waiver; or 3) sublicense, rent, or lease the Program.

Transfer of Rights and Obligations

You may transfer all your license rights and obligations under a Proof of Entitlement for the Program to another party by transferring the Proof of Entitlement and a copy of this Agreement and all documentation. The transfer of your license rights and obligations terminates your authorization to use the Program under the Proof of Entitlement.


2. Proof of Entitlement

The Proof of Entitlement for this Program is evidence of your authorization to use this Program and of your eligibility for warranty services, future upgrade program prices (if announced), and potential special or promotional opportunities.


3. Charges

The amount payable for a Program license is a one-time charge.

One-time charges are based on the level of use acquired which is specified in the Proof of Entitlement. STUDIO V5 does not give credits or refunds for charges already due or paid, except as specified elsewhere in this Agreement.

If you wish to increase the level of use, notify STUDIO V5 or the party from whom you acquired it and pay any applicable charges.

If any authority imposes a duty, tax, levy or fee, excluding those based on STUDIO V5's net income, upon the Program, then you agree to pay the amount specified or supply exemption documentation. You are responsible for any personal property taxes for the Program from the date that you acquire it.


4. Limitation of Liability

STUDIO V5 WILL NOT BE LIABLE FOR ANY SPECIAL, INCIDENTAL, OR INDIRECT DAMAGES OR FOR ANY ECONOMIC CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS OR SAVINGS), EVEN IF STUDIO V5, OR ITS RESELLER, HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

STUDIO V5 will not be liable for 1) loss of or damage to, your records or data or 2) any damages claimed by you based on any third party claim.

This limitation of liability also applies to any developer of a Program supplied to STUDIO V5. It is the maximum for which STUDIO V5 and its suppliers are collectively responsible.


5. General

STUDIO V5 may terminate your license if you fail to comply with the terms of this Agreement. If STUDIO V5 does so, your authorization to use the Program is also terminated. Neither you nor STUDIO V5 is responsible for failure to fulfill any obligations due to causes beyond its control. The laws of Serbia govern this Agreement.


Studio V5 Corp.
Pozorisna 16
34000 Kragujevac
Serbia, Europe
http://www.studio-v5.com