Modelbit License Agreement

Copyright © 2021 Modelbit, Inc. All rights reserved.

License: Subject to the terms and conditions of this agreement, you are hereby granted a non-exclusive, worldwide, royalty-free license to (a) copy and modify the software in source code or binary form for your use in connection with the software services and interfaces provided by Modelbit, and (b) redistribute unmodified copies of the software to third parties.

Restrictions: Your use of this software is also subject to the Modelbit Terms of Service, available at https://doc.modelbit.com/terms-of-service, provided that this agreement will control in the event of any conflict with such terms. You are not granted the right to, and you shall not, exercise the license for an Excluded Purpose. For purposes of this agreement, “Excluded Purpose” means using the software to provide, or incorporating the software into, any product of service that competes with any Modelbit product or service. The above copyright notice and this license shall be included in or with all copies or substantial portions of the software.

Intellectual Property: As between the parties, Modelbit will retain all right, title, and interest in the software, and all intellectual property rights therein. Modelbit hereby reserves all rights not expressly granted to you in this Agreement. Modelbit hereby reserves all rights in its trademarks and service marks, and no licenses therein are granted in this Agreement, except as required for reasonable and customary use in describing the origin of the software and reproducing the content of this license.

Disclaimer: THE SOFTWARE IS PROVIDED “AS IS”, WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL MODELBIT OR THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

Termination: This agreement will continue unless and until earlier terminated as set forth herein. If you breach any of its conditions or obligations, this agreement and the rights granted hereunder will terminate automatically and permanently.

Miscellaneous: No amendment or modification of this Agreement will be valid or binding upon the parties unless made in writing and signed by the duly authorized representatives of both parties. In the event that any provision, including without limitation any condition, of this agreement is held to be unenforceable, this agreement and all licenses and rights granted hereunder will immediately terminate. Waiver by Modelbit of a breach of any provision of this agreement or the failure by Modelbit to exercise any right hereunder will not be construed as a waiver of any subsequent breach of that right or as a waiver of any other right.
