BETA LICENSE AGREEMENT FOR DERIVV PRO
1. PURPOSE AND SCOPE OF THE AGREEMENT
This Beta License Agreement ("Agreement") is a legal agreement between HatchMatter, LLC ("HatchMatter" or "we") and you ("Beta Tester" or "you") for the beta testing of Derivv Pro, a software application developed by HatchMatter (the "Software"). This Agreement outlines the terms and conditions under which you are permitted to use the Software during the beta testing period.
2. CORE CLAUSES AND TERMS
a. Grant of License: HatchMatter grants you a non-exclusive, non-transferable, and revocable license to use the Software solely for the purpose of beta testing.
b. Term: The beta testing period will commence on the date you receive the Software and will continue until the earlier of (i) the date HatchMatter notifies you that the beta testing period has ended, or (ii) the date the Software is commercially released.
c. Confidentiality: You agree to keep the Software and all information related to the beta testing process confidential and not disclose it to any third party.
3. LIMITATIONS OF LIABILITY
a. In no event will HatchMatter be liable for any damages or losses arising out of or related to this Agreement, including but not limited to, lost profits, business interruption, or loss of data.
b. HatchMatter's liability for damages or losses will be limited to the amount of $1.
4. INTELLECTUAL PROPERTY RIGHTS
a. Ownership: HatchMatter retains all ownership rights, title, and interest in and to the Software, including all intellectual property rights.
b. Usage Rights: You are granted a limited, non-exclusive license to use the Software solely for the purpose of beta testing.
5. USAGE AND DISTRIBUTION RULES
a. Use: You may use the Software for any purpose, including but not limited to personal, academic, research, or commercial use, and only on the device(s) authorized by HatchMatter.
b. Output: You are free to use the output of the Software, including any data, results, or materials generated by the Software, for any purpose, including commercial use, without any restrictions or obligations to HatchMatter.
c. Distribution: You may not distribute, sublicense, or transfer the Software to any third party, except that you may distribute the output of the Software as permitted above.
6. FEEDBACK AND SUPPORT TERMS
a. Feedback: You agree to provide HatchMatter with feedback and suggestions on the Software during the beta testing period.
b. Support: HatchMatter will provide support to you during the beta testing period through email or other means designated by HatchMatter.
7. AGREEMENT TERMINATION AND GOVERNING LAW
a. Termination: HatchMatter may terminate this Agreement at any time upon written notice to you.
b. Governing Law: This Agreement will be governed by and construed in accordance with the laws of the state of California.
c. Jurisdiction: Any disputes arising out of or related to this Agreement will be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.
By using the Software, you acknowledge that you have read, understand, and agree to be bound by the terms and conditions of this Agreement.