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TRIAL LICENSE AGREEMENT
BACKGROUND
Company has developed and intends to market and license a certain software product and service called ”SimCAD” which,
among other things, is a scientific engineering simulation tool (“Software”). Company wishes to provide access, on a
trial basis, to users of a “beta” version of the Software to test and provide feedback to Company. Licensee wishes to
participate in Companys beta trial of the Software and to provide feedback to Company with respect to Licensees use
thereof.
Accordingly, the parties hereby agree as follows:
1. BETA PRODUCT.
This Agreement applies to any pre­release version of the Software and any updates and changes thereto during the Term
(collectively, “Beta Product”). As an essential condition of this Agreement, Licensee understands and acknowledges that:
(a) Licensee is participating in a beta test of the Beta Product; (b) the Beta Product has not been field tested or
trialed; and (c) the Beta Product may not operate properly or be error free and may not perform all functions for
which it is intended or represented.
2. FEEDBACK.
As a condition of this Agreement, during the Term of this Agreement, Licensee agrees to provide Company with comments,
feedback, criticisms, and suggestions for changes to the Beta Product (“Feedback”), and to help Company identify errors
or malfunctions, and performance issues, in the operation of the Beta Product, as Company may reasonably request. All
rights to any Feedback or other intellectual property derived from Licensees use of or relating to the Beta Product,
as well any data collected from the use of the Beta Product, belong solely to Company and Licensee hereby irrevocably
assigns all such rights to Company. Company reserves the right to use all Feedback and data collected as a result of the
use of the Beta Product to advertise and promote the Company and the Software.
3. LICENSE AND RESERVATION OF RIGHTS.
3.1 Subject to the terms and conditions set forth in this Agreement, Company hereby grants Licensee, and Licensee
accepts, during the Term, a non­exclusive, royalty­free, revocable, non­transferable, limited license to access and use
the Beta Product for its internal, non­commercial use for evaluation purposes only, and to give permission to employees
of Licensee and employees of Licensees subsidiaries (“Permitted Users”) to use the Beta Product in accordance with the
foregoing.
3.2 The Beta Product and the Software comprise the intellectual property of Company. All right, title and interest in
and to the Beta Product (and, more generally, in and to the Software), and to all Feedback and data arising from its
use, in whole or in part, and all patent, copyright, trade­marks, trade secret and all other intellectual and industrial
property rights therein and the structure, sequence and organization of same, and the media on which such material is
contained belong exclusively to Company. Licensee and its Permitted Users will not, directly or indirectly: reverse
engineer, decompile, disassemble or otherwise attempt to discover the source code, object code or underlying structure,
ideas, know­how or algorithms relevant to the Beta Product; modify, adapt, alter, edit, correct, translate, publish,
sell, transfer, assign, convey, rent, lease, loan, pledge, sublicense, distribute, export, enhance or create derivative
works based on the Beta Product; or remove, alter, cover or otherwise obscure any proprietary notices or labels
displayed on or within the Beta Product any documentation relating thereto.
4. DISCLAIMER.
4.1 COMPANY MAKES NO WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, WITH RESPECT TO THE BETA PRODUCT,
INCLUDING, BUT NOT LIMITED TO, THE AVAILABILITY, QUALITY OR PERFORMANCE OF THE BETA PRODUCT. COMPANY SPECIFICALLY
DISCLAIMS ALL EXPRESS, STATUTORY AND IMPLIED WARRANTIES AND CONDITIONS, INCLUDING, WITHOUT LIMITATION (A) THE IMPLIED
WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON­INFRINGEMENT, (B) ANY WARRANTIES AGAINST HIDDEN
OR LATENT DEFECTS, (C) AND ANY WARRANTIES AND CONDITIONS ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE AND (D) ANY
WARRANTY OR REPRESENTATION THAT THE BETA PRODUCT IS ERROR­FREE, VIRUS­FREE, SECURE, UNINTERRUPTED, OR FREE FROM
UNAUTHORIZED ACCESS (INCLUDING, BUT NOT LIMITED TO, THIRD PARTY HACKERS OR DENIAL OF SERVICE ATTACKS). THE BETA PRODUCT
IS SUPPLIED ON AN “AS IS”, “AS AVAILABLE” BASIS WITHOUT WARRANTY.
4.2 NEITHER PARTY SHALL BE LIABLE FOR SPECIAL, INCIDENTAL, PUNITIVE, CONSEQUENTIAL OR INDIRECT DAMAGES OR LOSS
(INCLUDING DEATH AND PERSONAL INJURY), IRRESPECTIVE OF THEIR CAUSE, NOTWITHSTANDING THAT A PARTY HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH LOSS OR DAMAGE, NOR FOR ANY CLAIMS FOR SUCH LOSS OR DAMAGE INSTITUTED AGAINST A PARTY OR ITS
CUSTOMERS BY ANY THIRD PARTY.
5. CONFIDENTIALITY
5.1 All Confidential Information disclosed by either party shall be kept by the receiving party in strict confidence and
shall not be disclosed to any third party without the disclosing partys express written consent. For purposes of this
Agreement, “Confidential Information” means all information regarding either partys business which has been marked or
is otherwise communicated as being “proprietary” or “confidential” or which reasonably should be known by the receiving
party to be proprietary or confidential information. Without limiting the generality of the foregoing, Confidential
Information of Company includes non­public information regarding features, functionality and performance of the Beta
Product, including all Feedback and related data. Notwithstanding the foregoing, each partys confidentiality
obligations hereunder shall not apply to information that: (a) is already known to the receiving party without a
pre­existing restriction as to disclosure; (b) is or becomes publicly available without fault of the receiving party;
(c) is rightfully obtained by the receiving party from a third party without restriction as to disclosure, or is
approved for release by written authorization of the disclosing party; (d) is developed independently by the receiving
party without use of the disclosing partys Confidential Information; or (e) is required to be disclosed by law or
regulation, including, but not limited to, supplying such information or making such statements or disclosures relating
to this Agreement before any competent court, governmental agency or authority in response to a lawful requirement or
request from a court of governmental agency or authority, provided that the disclosing party shall give the other party
prompt notice of such request, to the extent practicable, so that the other party may seek (at its sole cost and
expense) an appropriate protective order or similar relief.
5.2 In the event of a breach of Sections 2, 3 or this Section 5, the non­breaching party shall be entitled to seek
equitable relief to protect its interests, including, but not limited to, injunctive relief. In the event of expiration
or earlier termination of this Agreement, each party shall immediately return to the other party such other partys
Confidential Information, or at such other partys option, destroy any remaining Confidential Information and certify
that such destruction has taken place.
6. FEES; EXPENSES.
Neither party shall be entitled to any compensation in connection with this Agreement or its use or provision of the
Beta Product. Each party shall bear its own costs and expenses arising from this Agreement and its use or provision of
the Beta Product, as the case may be.
7. TERM OF AGREEMENT.
This Agreement shall begin on the Effective Date and shall continue until it has been terminated (such period, the
“Term”). Either party shall have the right to terminate this Agreement at any time on one (1) month written notice to
the other party, or in the case of a breach of this Agreement by Licensee or its Permitted Users, Company may terminate
this Agreement immediately on written notice to Licensee. Upon termination of this Agreement, all rights granted to
Licensee (and any Permitted User) under this Agreement will immediately terminate and Licensee (and all Permitted Users)
must immediately cease all use of the Beta Product at such time. Notwithstanding any termination of this Agreement,
Sections 2, 3.2, 4, 5, 6, this Section 7 and Section 8 shall survive and remain binding on the parties.
8. MISCELLANEOUS.
This Agreement shall be governed by and construed in accordance with the laws of the State of New York. All disputes
relating to this Agreement shall be resolved in the federal and state courts of New York County, New York and the
parties submit to the jurisdiction of such courts. This Agreement does not create any agency, partnership, or joint
venture relationship between Licensee and Company. This Agreement is the entire understanding of the parties with
respect to the subject matter hereof and supersedes any previous or contemporaneous communications, representations,
warranties, discussions, arrangements or commitments, whether oral or written with respect to such subject matter. This
Agreement cannot be amended except by a written amendment that expressly refers to this Agreement and is signed by an
authorized representative of each party. This Agreement may be executed in one or more counterparts, including via
facsimile or email (or any other electronic means such as “.pdf” or “.tiff” files), each of which shall be deemed an
original, and all of which shall constitute one and the same Agreement.

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SOFTWARE LICENSE AGREEMENT
This Software License Agreement (the “Agreement”) is entered into as of December __ 2018, (the “Effective Date”) between
Dapper Labs, Inc., a Canadian corporation having its principal place of business at 980-350 Howe Street,
Vancouver, BC V6Z 1N9 (“DLI”) and BlockScience, Inc., a California corporation with an address at 471 McAuley Street,
Oakland, CA 94609 (“BlockScience”). This Agreement includes the attached Exhibit A.
WHEREAS, DLI and BlockScience are parties to that certain Professional Services Agreement dated March 23, 2018 (the
“PSA”), pursuant to which BlockScience performed and is currently performing professional services and other development
work for DLI;
WHEREAS, as part of BlockSciences performance under the PSA, BlockScience developed certain “behaviour archetypes” and
“configuration of the Null Model”, which the parties agree are “Work Product” under the PSA;
WHEREAS, the parties agree that BlockSciences proprietary SimCAD software tool is considered “Contractor Technology”
under the PSA; and
WHEREAS, the parties wish to enter into this Agreement to clarify DLIs rights to use the SimCAD software tool on a
going-forward basis.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, DLI
and BlockScience agree as follows:
1. DEFINITIONS
(a) “Affiliate” means any entity that, directly or indirectly through one or more intermediaries, controls, is
controlled by, or is under common control with, DLI.
(b) “Documentation” means any manuals, documentation and other supporting materials related to the Software.
Documentation is considered part of the related Software.
(c) “Intellectual Property Rights” means patent rights (including patent applications and disclosures), copyrights,
trade marks, trade secrets, know-how and any other intellectual property rights recognized in any country or
jurisdiction in the world.
(d) “Software” means the object and source code versions of BlockSciences proprietary SimCAD software product more
fully described in Exhibit A. Software includes the applicable Documentation, as well as any Updates.
(e) “Update” means any bug fix, error correction, patch, modification, enhancement, update, upgrade, replacement,
successor product, new version, new release, or derivative work of or to the Software.
(f) “Zeus” means the decentralized synchronous computational network developed by DLI, as such name or reference may be
changed from time to time at DLIs sole discretion.
2. SOFTWARE LICENSE
(a) License Grant. BlockScience hereby grants to DLI and its Affiliates a worldwide, non-exclusive, royalty-free,
irrevocable, perpetual license to (i) download, install, use, execute, access, copy, perform, and modify, the Software
in connection with the Zeus project; (ii) distribute and display the Software internally amongst DLI and its Affiliates,
its and their employees, contractors, and agents, subject to the use of reasonable efforts to maintain the confidential
status of the non-public aspects of the Software display; and (iii) create derivative works of the Software in
connection with the Zeus project, provided that any such derivative works may only be used in connection with the Zeus
project. For the sake of clarity, nothing in this Agreement (including, without limitation, this Section 2) will create
any liability to DLI for or restrict DLIs ability to externally distribute python scripts containing the “input”
configuration files specific to the Zeus project, as well as the notebooks with the resulting “output” data from the
Software, all of which may be distributed, displayed, and shared publicly at DLIs discretion.
(b) Ownership; Limited Rights. As between the parties, BlockScience owns and retains all right, title and interest in
and to the Software, and all Intellectual Property Rights therein. DLIs rights in the Software are limited to those
expressly granted in Section 2(a) and in the PSA. BlockScience reserves all rights and licenses in the Software not
expressly granted to DLI herein and in the PSA.
(c) Delivery. BlockScience will deliver a copy of the Software and Documentation to DLI on the Effective Date. The
delivery may be made in electronic form, or via hardcopy medium (e.g., a CD).
(d) Updates. BlockScience will deliver Updates to DLI as and when such Updates become available. The obligation to
deliver Updates will continue for as long as the PSA remains in force; upon termination or expiration of the PSA,
BlockSciences obligation to provide Updates will automatically terminate.
(e) Support. BlockScience will provide reasonable technical support for the Software, to help DLI manage any support
issues that arise. The obligation to provide support will continue for as long as the PSA remains in force; upon
termination or expiration of the PSA, BlockSciences obligation to provide support will automatically terminate.
3. NO FEES.
There are no fees owed by DLI for the license granted or the Updates or support provided by BlockScience
pursuant to this Agreement. Each party will bear its own costs and expenses arising out of or relating to its
obligations, efforts and performance under this Agreement.
4. LIMITED WARRANTY; DISCLAIMER
(a) Limited Warranty. BlockScience represents and warrants as follows: (i) that it has the right to enter into this
Agreement, and to perform its obligations hereunder, without violating the terms of any other agreement; (ii) that the
Software, and any Updates, do not and will not infringe, violate, or misappropriate the Intellectual Property Rights of
any third party; (iii) that the Software and any Updates do not and will not contain any virus, malware, spyware, trojan
horse, or other malicious code; and (iv) that the Software and each Update will substantially conform to its
Documentation.
(b) Disclaimer. EXCEPT AS OTHERWISE SET FORTH IN THIS AGREEMENT, BLOCKSCIENCE DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR
IMPLIED, RELATED TO THE SOFTWARE, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR
PURPOSE.
5. TERM & TERMINATION
(a) Term. This Agreement begins on the Effective Date, and will continue in effect until one of us terminates it in
accordance with Section 5(b).
(b) Termination for Breach. Either party may terminate this Agreement if the other party breaches any material term or
condition of this Agreement, and the breaching party fails to cure the breach within thirty (30) days of receiving
written notice of it.
(c) Survival. Sections 2 through 7 will survive termination or expiration of this Agreement.
6. INDEMNIFICATION.
BlockScience will defend, indemnify, and hold DLI harmless from and against any claim, damage, loss,
liability, expense and cost (including, without limitation, reasonable attorneys fees) incurred by or brought against
DLI arising out of or related to: (i) any claim that the Software infringes or misappropriates the Intellectual Property
Rights of that third party; or (ii) BlockSciences breach of its limited warranties in Section 4(a).
7. GENERAL TERMS
(a) Entire Agreement; Waiver. This Agreement is the entire understanding of the parties, and supersedes any and all
prior agreements or understandings between the parties as to its subject matter. It may be amended or modified, or
provisions waived, only in a writing signed by both parties. The waiver of a breach of any provision of this Agreement
will not operate or be interpreted as a waiver of any other or subsequent breach.
(b) Acknowledgement. BlockScience acknowledges and agrees that the “behaviour archetypes” and “configuration of the Null
Model” referenced in the PSA are considered “Work Product” under the PSA.
(c) Governing Law. This Agreement will be construed, interpreted and applies in accordance with the internal laws of
British Columbia, Canada (excluding its body of law controlling conflicts of law). Any legal action or proceeding
arising under or related to this Agreement will be brought exclusively in the federal or provincial courts located in
Vancouver, British Columbia, and the parties irrevocably consent to personal jurisdiction and venue there.
(d) Severability. If any provision of this Agreement is held to be invalid or unenforceable for any reason, that
provision will be enforced to the maximum extent permitted by law, and the remaining provisions will continue in full
force and effect.
(e) Miscellaneous. This Agreement may be executed in one or more counterparts, with the same effect as if the parties
had signed the same document. Each counterpart so executed will be deemed to be an original, and all such counterparts
will be construed together and will constitute one Agreement. The prevailing party in any action or legal proceeding
arising out of this Agreement will be entitled to recover from the other party all reasonable costs and expenses
incurred in connection with such action or proceeding, including reasonable attorneys fees and court costs. In the
event of a direct conflict between the terms of this Agreement and the PSA with respect to the DLIs rights in and to
the Software, the terms of this Agreement will control.
EXHIBIT A
SOFTWARE
Software Name: SimCAD tool
Software Description: SimCAD is a Monte-Carlo based simulation software package for research, validation, and
Computer Aided Design of economic systems. An economic system is treated as a state based model and defined
through a set of endogenous and exogenous state variables which are updated through mechanisms and
environmental processes, respectively. Behavioral models, which may be deterministic or stochastic, provide the
evolution of the system within the action space of the mechanisms. Simulations can be run with a range of initial
conditions and parameters for states, behaviors, mechanisms, and environmental processes to understand and
visualize network behavior under various conditions.