Limited Use License Agreement
CAREFULLY READ THE FOLLOWING TERMS AND CONDITIONS BEFORE OPENING
THE PACKAGE CONTAINING THE PRODUCT AND THE COMPUTER SOFTWARE LICENSED
HEREUNDER. CONNECTING POWER TO THE MICROPROCESSOR CONTROL UNIT
INDICATES YOUR ACCEPTANCE OF THESE TERMS AND CONDITIONS. IF YOU DO NOT
AGREE WITH THE TERMS AND CONDITIONS, PROMPTLY RETURN THE UNIT TO THE
DEALER FROM WHOM YOU PURCHASED THE PRODUCT WITHIN FIFTEEN DAYS FROM
DATE OF PURCHASE AND YOUR PURCHASE PRICE WILL BE REFUNDED BY THE DEALER.
IF THE DEALER FAILS TO REFUND YOUR PURCHASE PRICE, CONTACT SCHMITT
INDUSTRIES, INC. IMMEDIATELY AT THE ADDRESS FOLLOWING CONCERNING RETURN
ARRANGEMENTS.
Schmitt Industries, Inc. provides the hardware and computer software program contained in
the microprocessor control unit. Schmitt Industries, Inc. has a valuable proprietary interest in such
software and related documentation ("Software), and licenses the use of the Software to you
pursuant to the following terms and conditions. You assume responsibility for the selection of the
product suited to achieve your intended results, and for the installation, use and results obtained.
License Terms And Conditions
a. You are granted a non-exclusive, perpetual license to use the Software solely on and in
conjunction with the product. You agree that the Software title remains with Schmitt Industries,
Inc. at all times.
b. You and your employees and agents agree to protect the confidentiality of the Software. You
may not distribute, disclose, or otherwise make the Software available to any third party, except
for a transferee who agrees to be bound by these license terms and conditions. In the event of
termination or expiration of this license for any reason whatsoever, the obligation of
confidentiality shall survive.
c. You may not disassemble, decode, translate, copy, reproduce, or modify the Software, except
only that a copy may be made for archival or back-up purposes as necessary for use with the
product.
d. You agree to maintain all proprietary notices and marks on the Software.
e. You may transfer this license if also transferring the product, provided the transferee agrees to
comply with all terms and conditions of this license. Upon such transfer, your license will
terminate and you agree to destroy all copies of the Software in your possession.
A Product Line of Schmitt Industries, Inc.
Summary of Contents for Xact
Page 6: ......