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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.