These terms and
conditions together with a Quotation executed by both Parties form an agreement
between the Parties (the “Agreement”).
Any contrary, inconsistent, or additional provisions contained in Customer’s purchase
order or other Customer documentation is expressly rejected.
1.1.
Affiliate: any legal entity controlling,
controlled by or under common control with an entity, where “control”
is defined as the legal or beneficial
ownership of more than fifty percent (50%) of the voting rights at the assembly
of owners of such entity, or in the case of a
foreign domiciled affiliate where the prevailing law of the foreign
country prohibits majority ownership by a foreign parent organization, an ownership interest by such entity which
reflects the maximum controlling interest allowable under the laws of such foreign
country, or such other
relationship as, in fact,
constitutes actual control.
1.2.
Business Day(s):
the standard
days of business excluding official
local and national
holidays in the country of deployment.
1.3.
Business Hours: the standard BIModular office hours in the country of deployment during Business Days.
1.4.
Concurrent User(s): any individual employee,
agent or contractor of Customer (or its Affiliates) designated by Customer to
use the Software on behalf of
Customer. The maximum number of Concurrent Users allowed to access and/or use
the Software at any time may not exceed the number of Concurrent
Users specified in the Quotation.
1.5.
Confidential Information: non-public and proprietary
information, including: Software, information related to third party vendors
that BIModular works with to provide
the Software and/or Support and Maintenance, information related to any
security vulnerabilities of the Software and/or Support and Maintenance, and
information about BIModular and its Affiliates’ products and services. Except
as required by applicable law or regulation, Confidential Information will not include information that:
1.5.1. at the time of the disclosure
is, or thereafter becomes, generally available to and known by the public other
than as a result of, directly or indirectly, any breach of the Agreement, act, or omission
by the recipient or any of the recipient’s representatives;
1.5.2. at the time of the disclosure
is, or thereafter becomes, available to the recipient on a non-confidential
basis from a third-party source,
provided that such third party is not and was not prohibited from disclosing
such Confidential Information to the recipient by any legal, fiduciary, or contractual obligation;
1.5.3. was known by or in the
possession of the recipient, as established by documentary evidence, before
being disclosed by or on behalf of the disclosing party pursuant to the Agreement;
1.5.4.
was or is independently developed by recipient, as established by documentary evidence, without reference
to or use of, in
whole or in part, any of the disclosing party’s Confidential Information; or
1.5.5.
that the parties
have entered into the Agreement.
1.6.
Customer: the legal entity
indicated in the Quotation,
Sales and or Licensing transactions.
1.7.
Customer Liaison: means a Concurrent Users who
is a point of contact appointed by the Customer that is a full-time employee of Customer and will function as the liaison
between the Customer and BIModular concerning the Agreement, Software, and
Support and Maintenance matters.
1.8.
Documentation: any documentation or
information associated with the operation, performance or functionality of the
Software and/or Support and
Maintenance (including but not limited to user guides, manuals, technical
specifications, and online help files) provided by BIModular or available on the Support Portal, as may be updated
by BIModular from time to
time.
1.9.
Effective Date: the earlier of the
date specified in the Quotation
or the date of the Software is made available
to Customer to download.
1.10.
Embedded Software: third party software components or products included
as part of the Software,
including open-source software.
1.11.
Evaluations: a short-term licence
to the Software for testing,
evaluation, trials or proof of concept.
1.12.
Excluded Licence: any software component that
is subject to any open source or other software license requiring as a
condition of the license, use,
modification, distribution, or conveyance of Party-owned code incorporating
such software component that: (a) the code be disclosed
or distributed in source code form; (b) others have the right to
modify or create
derivative works of the code; (c) the code becomes redistributable at no charge;
and/or (d) the code be licensed under an open source license that abrogates
proprietary rights the Party has
in the code.
1.13. Geographic Unit: means the specific country identified in the Quotation or in the
absence of such, the area covered by a local area network no larger
in radius than 1000 metres from the machine on which the Software is installed
or within the same metropolitan area.
1.14.
Intellectual Property: all trademarks or trade names
(whether common-law or registered), logos, icons, patents, mask works, patents, patent applications, copyrights (whether
published or unpublished), trade secrets, know-how, designs, methods,
processes, work- flow(s), inventions,
proprietary information and transferable rights under written agreements
relating to the Software and/or Support and Maintenance.
1.15.
Interpretations: (i) processing, review, and
analysis of data; (ii) the making of models, workflows, and estimates; (iii)
descriptions of data, wells, and
reservoirs; and (iv) any other explanation, evaluation, recommendation, or
description provided to Customer under the Agreement.
1.16.
Lease Licence: a licence to use the
Software subject to payment of the periodic fees set out in the Quotation. At
the end of the fee- paying term and
the payment of any lump sum fee specified in the Quotation, Customer is
entitled to use the Software on a perpetual
basis.
1.17.
Licence Category: the applicable category of
Software licencing specified in the Quotation, being one of the following: (i)
a Perpetual Licence; (ii) a Lease
Licence; (iii) Rental Licence
or (iv) an Evaluation or Pre-Commercial Software licence
1.18.
Party: BIModular or Customer; “Parties” means BIModular
and Customer.
1.19. Perpetual Licence: a licence to use the Software on a permanent basis following payment of fees.
1.20.
Personal Data: any information submitted by Customer
and/or Concurrent User that is directly or indirectly related
to an identified or identifiable natural
person and that is processed
to provide the Software and/or Support and Maintenance to the Customer.
1.21.
Pre-Commercial Software:
Versions of the Software
or Software features
that have not been approved
for general commercial release,
including ‘alpha’,
‘beta’ and early
access versions.
1.22.
Quotation: BIModular’s commercial order
form listing the Software to be used by Customer, the number of Concurrent
Users, Support and Maintenance,
and any other optional elements selected
by Customer.
1.23.
Quotation Term: the term for Customer’s permitted use of the Software
and/or Support and Maintenance as specified in the Quotation.
1.24.
Remote Support: certain Support and Maintenance services provided
via remote access.
1.25.
Rental Licence: a term licence to use the Software subject
to payment of the periodic
fees set out in the Quotation. At the
end of the fee-paying term specified in the Quotation, Customer’s right
to use the Software
expires.
1.26.
BIModular: the legal entity ‘BIModular EIRL’ as indicated
in the Quotation and this Agreement.
1.27. Services: personnel or professional services, including training services, included in the Quotation.
1.28.
Software: the BIModular on premise
software specified in the Quotation, including the Documentation and any
applicable Updates and Upgrades.
1.29.
Support and Maintenance: the support and maintenance
services for the Software, including
the provision of Remote Support
and the Support
Portal.
1.30.
Support Portal: the BIModular website made
accessible to the Customer and Concurrent Users as part of Support and
Maintenance where Customer can report issues and access
other content, tools, and other services
(e.g., discussion forums).
1.31.
Ticket: a report of an error or
abnormal behaviour of the Software submitted through the Support Portal or by
email by Customer in accordance with Exhibit
1.
1.32.
Updates: any modifications, error
corrections, bug fixes, patches, work arounds or minor improvements made to the
Software, generally designated by a change to the digits to the
right of the first decimal point (i.e.
version 2.01 to 2.02).
1.33.
Upgrades: any revision to the Software
containing significant new functionalities, major improvements or product
fixes, or significant feature changes, generally designated by a change to the digit to the left of the first decimal point (i.e. 3.01 to 4.00).
2.1.
These terms provide a contractual framework for Customer and BIModular
to enter into agreements from time to time. Each Quotation incorporating these
terms either by reference or inclusion, will, upon its execution, constitute a separate legal
agreement between Customer and
BIModular for the provision of the Software and/or Support and Maintenance
specified therein. These terms may,
in addition, be used on a global basis by the Parties’ Affiliates by
referencing or including these terms and specifying any additional terms or amendments to reflect local law or business
practices in the Affiliate’s Quotation.
2.2.
In the event of any conflict or ambiguity between
these terms and the Quotation, these terms will prevail will take precedence unless that Quotation:
2.2.1.
expressly identifies specific
section(s) of these terms to be modified;
and
2.2.2.
sets out the modified language
of the specific section(s) so identified.
2.3.
These terms do not oblige
either Customer or BIModular
to issue or accept any Quotation or enter into any Agreement.
3.1.
In consideration of the fees paid or payable by Customer and subject to
the terms of this Agreement, BIModular grants to Customer a non-exclusive, non-assignable, non-transferable, non-sublicensable, licence pursuant to the applicable Licence Category to:
3.1.1.
install and use the Software for internal business purposes on a
Concurrent User basis and only in accordance with the Documentation.
3.1.2.
make a reasonable number of copies of the Documentation for Customer’s
own internal use, provided that Customer retains all original copyright, patent, and proprietary rights notices.
3.2.
Customer may permit use of the Software by a third party outsourcing
contractor to operate the Software on Customer’s behalf provided that: (i) Customer is responsible for ensuring that
such contractor abides by and fully complies with the terms of this Agreement as they relate to the use of the
Software on the same basis as they apply to Customer; (ii) such use is only in
relation to Customer’s directly
beneficial internal business purposes; (iii) such use does not represent an
increase in the scope or number of Customer’s
rights, including that such use is only by contractors located within the
Geographic Unit; and (iv) Customer is fully liable for any and all acts or omissions by the contractor related
to this Agreement.
4.
Support and Maintenance. Subject to the payment of
agreed fees, BIModular will provide Support and Maintenance of the Software.
5.1.
Customer is solely responsible and liable for all acts and omission of
its Concurrent Users. Customer must ensure that all use of the Software
and/or Support and Maintenance by Concurrent Users is in compliance with the terms
of this Agreement.
5.2.
The Software is licensed not sold. BIModular reserves all other rights
that are not specifically granted to Customer. As a condition of this Agreement, Customer expressly agrees
not to: (i) rent, lease, lend, sub-license or otherwise distribute or assign
Customer’s rights in the Software or
Support and Maintenance without BIModular’s prior written consent; (ii) reverse
engineer, decompile or disassemble
the Software except and only to the extent required by law; (iii) develop or
create modifications, improvements and/or derivative
works of the Software without BIModular’s prior written approval unless such
modifications are made using any BIModular
software specifically designed for such purposes; (iii) use the Software and/or
Support and Maintenance in violation of any
law, statute, ordinance or regulation applicable to Customer (including but not
limited to the laws and regulations governing
privacy, export control, federal, state and local laws and regulations
governing the use of network scanners and related software in all jurisdictions in which systems are scanned
or scanning is controlled, or anti-discrimination, in each case that are
applicable to Customer); (iv)
negligently, intentionally or willfully propagate or introduce any virus,
worms, Trojan horses or other programming routine
intended to damage any system or data; (v) remove or obscure any product
identification or proprietary notice contained in the Software; (vi) combine or
use the Software in combination with any Excluded Licence; (vii) seek to access
restricted elements of the Software
or modify or disable or otherwise “crack” any feature incorporated in the
Software, including by bypassing security features, including but not limited to licence and quality control
features that limit or record the number of users, or those that are intended
to prevent access to unlicensed
elements or modules of the Software, such as premium modules which are subject
to additional fees; (viii) publish
or display the Software or Documentation in any manner except as provided
herein; (ix) use of the Software to aid in the
development of the science, technology, or product content of another
software product similar in function or capability to a commercially available BIModular
software product without the express written consent of BIModular ; (x)
perform a benchmark or performance
analysis of the any version of the Software and/or Support Portal; or (xi) use
the Software on behalf of, or to provide, any product or service to third parties.
6.1.
Fees for the Software and/or Support and Maintenance are set out in the
Quotation and unless otherwise specified therein fees are payable upfront, in full.
6.2.
Customer will pay all undisputed invoices within thirty (30) days of
the invoice date. If Customer disputes any portion of an invoice in good faith, Customer
must: (a) pay the undisputed portion
of the invoice; (b) notify BIModular of the basis for the dispute
and the specific items disputed (along with all
supporting evidence); and (c) provide a proposed resolution. Customer must not
set off or withhold payments
due for one billing
period against a disputed
invoice.
6.3.
Unpaid invoiced amounts will begin to accrue interest thirty (30) days
after payment is due. Interest will accrue at the maximum amount permitted
by law, unless another rate is provided
in the applicable Quotation. Customer
agrees to pay all reasonable and documented costs and attorneys’ fees BIModular may
incur in collecting any unpaid fees.
6.4.
The Fees do not include any local, state,
provincial, federal or national sales,
use, excise, personal
property, value-added, import/export, digital service tax, or other similar taxes or duties, which
may be assessed in connection with the
Software and/or Support and Maintenance. If any such taxes or duties are applicable, they will be added to BIModular’s invoices
to Customer. If BIModular
must initially pay such assessments, Customer agrees
to reimburse BIModular within thirty (30) days after receipt
of BIModular’s invoice.
Taxes based upon BIModular’s income,
and assessed in Company’s country
of residence, are the sole responsibility of BIModular.
7.1.
Except as expressly set forth herein, this Agreement
does not grant either Party
any rights, implied
or otherwise, in or to the other
Party’s
Intellectual Property. BIModular, and its licensors, retain all right, title,
ownership, and interest in and to the Software and to the Support
and Maintenance, as well as any modifications or derivative works thereto.
7.2.
If Customer provides BIModular feedback or suggestions about the Software
and/or Support and Maintenance, then BIModular may use that information without
obligation to Customer, and Customer irrevocably assigns BIModular all rights,
title, and interest in that feedback
and/or those suggestions.
8.1.
Customer, Concurrent User, and BIModular will each comply with all laws
and regulations applicable to them and related to the provision and use of the Software and Support and Maintenance
including data transmission, storage, processing, privacy, security breaches, data residency,
import/export controls, and international sanctions.
8.2.
Customer is authorised to use the Software in the Geographic Unit
only. Customer will not allow access to
or use of the Software by Concurrent Users:
8.2.1.
from Cuba, North
Korea, Syria, Iran or other countries that are subject
to United States,
United Nations, European Union or similar
trade sanctions/embargoes; or
8.2.2.
in a manner
which would breach any country’s data residency
laws or regulations, by any means whatsoever.
8.3.
Customer will comply with all applicable export control, trade
sanctions and other foreign trade control laws, rules and regulations and will not export,
re-export or import,
directly or indirectly, any export-controlled items, or any direct
product of them, nor undertake
any transaction hereunder in
violation of any applicable export laws. Customer’s or Customer’s Concurrent
Users’ violation of applicable export or trade control
regulations will result in
the immediate automatic
termination of the Agreement, and all
rights granted therein.
8.4.
If Customer and/or any Concurrent User is or becomes a denied party or
otherwise the subject of any sanctions legislation that, in BIModular’s reasonable opinion, restricts
or prohibits Customer’s and/or Concurrent Users’ access to or use of the
Software and/or Support and
Maintenance, such access or rights to use will be immediately suspended. If
legally permitted, BIModular will promptly notify Customer of any such suspension, data retention, or data
deletion. Any licence payments, once
they are paid, not be refundable nor creditable for any reason whatsoever,
unless otherwise expressly provided herein.
9.1.
Each party agrees to maintain all Confidential Information received
from the other party in secrecy and confidence during the term of the Agreement, and for a period of five
(5) years after the termination or expiry of the last agreement entered into
pursuant to these terms. Each Party
will use the same degree of care as it uses to protect its own confidential
information, but in no event will the receiving
party use less than a commercially reasonable degree of care. Further, each
Party agrees (a) subject to Section 9.2 below to disclose the Confidential Information only to its officers,
directors, employees, contractors and Affiliates on a need-to-know basis (collectively, “Representatives”) and
provided such Representatives are subject to equivalent confidentiality
obligations as those set out herein;
and (b) not to use the disclosing Party’s Confidential Information for any
purpose other than to exercise its rights and/or perform its obligations under an Agreement. Each Party will be
responsible for any breaches of an
agreement by its Representatives.
9.2.
If a third-party requests Confidential Information from a receiving
party pursuant to a legal requirement, the receiving party will do the following, if legally permitted:
9.2.1.
promptly notify the disclosing
party of the request;
9.2.2. reasonably assist
the disclosing party in seeking
a protective order
or similar remedy
if the disclosing party requests
such assistance;
9.2.3. inform the disclosing party of the Confidential Information provided to the third party; and
9.2.4.
endeavour to maintain
the confidentiality of Confidential Information disclosed to the third party.
10.1.
BIModular warrants the following:
10.1.1.
Software: For a period of thirty (30) days from the Effective Date (the
“Software Warranty Period”), the Software will
perform substantially as described
in the Documentation.
10.1.2.
Support and Maintenance: Support and Maintenance will be performed with reasonable care and
skill.
10.2.
If BIModular breaches the foregoing warranties, and Customer makes a
reasonably detailed warranty claim within thirty (30) days of discovering the issue with respect to the
Software or of receipt of the applicable Support and Maintenance services,
BIModular will, at its discretion:
10.2.1.
For breach of Section 10.1.1: use commercially reasonable endeavour to
remedy the error in the Software within a reasonable
time or replace the Software. Any
replacement Software will be warranted for the remainder of the original Software
Warranty Period.
10.2.2.
For breach of Section 10.1.12:
re-perform any Support
and Maintenance service
that fails to meet the warranted standard.
10.3.
The warranties provided herein
will not cover any errors
or failure in the Software
when caused, directly or indirectly by: (i) use of the Software
not in accordance with the Documentation and/or this Agreement or use of an
unsupported version of the Software; (ii) events
beyond the reasonable control of BIModular; or (iii) incompatibility with or
failures of hardware, other software, firmware
products or data supplied
by Customer or any third party.
10.4.
EXCEPT AS EXPRESSLY PROVIDED IN SECTION 10, THE SOFTWARE AND SUPPORT
AND MAINTENANCE IS PROVIDED “AS IS”. TO
THE FULLEST EXTENT PERMITTED BY LAW,
BIMODULAR AND ITS LICENSORS EXCLUDE AND DISCLAIM ALL WARRANTIES, REPRESENTATIONS, CONDITIONS, AND ALL OTHER
TERMS OF ANY KIND WHATSOEVER, WHETHER IMPLIED BY STATUTE, REGULATIONS, DIRECTIVES, OR COMMON LAW, INCLUDING BUT
NOT LIMITED TO ANY IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A
PARTICULAR PURPOSE, NON-INFRINGEMENT, OR ARISING FROM A COURSE OF DEALING, PERFORMANCE, USAGE OR TRADE. BIMODULAR
DOES NOT WARRANT THAT CUSTOMER’S USE OF THE SOFTWARE OR SUPPORT AND MAINTENANCE WILL BE TIMELY,
UNINTERRUPTED, ERROR-FREE OR SECURE. BIMODULAR
IS NOT LIABLE FOR ANY DELAYS OR FAILURES IN CUSTOMER’S SYSTEMS OR
INFRASTRUCTURE OR ANY INABILITY, ERROR OR FAULT ON THE PART OF CUSTOMER
IN THE INSTALLATION OR
OPERATION OF THE SOFTWARE.
10.5.
This Section 10 is Customer’s exclusive remedy and BIModular’s entire
liability for breach
of warranty.
11.1.
BIModular’s (and its licensors) aggregate liability to Customer for all
claims whether in contract, tort (including negligence), for breach of statutory duty or otherwise
arising out of or in connection with the Agreement will be limited to the
amount of fees paid by Customer
under the Agreement in the twelve (12) months immediately preceding the claim,
less any amounts previously claimed. Nothing
in this Section 12 will exclude or limit any liability that cannot be excluded
or limited at law. Customer will indemnify, hold harmless, and defend BIModular of and from any loss, cost,
damage, or expense, including third party claims and attorneys’ fees, above BIModular’s limit of liability.
11.2.
UNLESS OTHERWISE AGREED, TO THE FULLEST EXTENT PERMITTED BY LAW,
NEITHER PARTY MAY RECOVER, INCLUDING UNDER AN
INDEMNITY, ANY PUNITIVE, INCIDENTAL, INDIRECT, CONSEQUENTIAL, SPECIAL,
OR ENHANCED DAMAGES. FURTHER, THE PARTIES ACKNOWLEDGE
AND AGREE THAT NEITHER PARTY WILL BE LIABLE FOR ANY OF THE FOLLOWING LOSSES, IN
EACH CASE WHETHER DIRECT OR INDIRECT:
(I) LOSS OF USE; (II) LOSS OF REVENUE, PROFIT, OR BUSINESS; (III) LOSS OF
INVESTMENT; (IV) LOSS OF GOODWILL OR
REPUTATION; (V) OTHER BUSINESS INTERRUPTION;
(VI) COST OF SUBSTITUTE SOFTWARE OR SERVICES, OR THE PROCUREMENT THEREOF; (VII) LOSS OR CORRUPTION OF OR DAMAGE
TO DATA; AND/OR (VIII) LOSS, DAMAGE, CORRUPTION, OR REPLACEMENT OF COMPUTING SYSTEMS, EACH HOWSOEVER ARISING AND
WHETHER OR NOT SUCH PARTY HAD BEEN ADVISED OF
THE POSSIBILITY OF SUCH LOSS, CORRUPTION OR DAMAGE.
11.3.
Notwithstanding any other provision of the Agreement, under no
circumstances will BIModular have any obligation to re-create, re- acquire, process or re-process any data
damaged within or lost from the Software or Support and Maintenance, including
as may be caused by any third party, in each
case whether direct or
indirect.
11.4.
All Interpretations and decisions resulting from use of the Software
and/or Support and Maintenance are opinions and decisions based on inferences from measurements and
empirical relationships, which are not infallible and may involve individual
opinions and judgments, data, or
computer analysis with respect to which competent specialists may differ. Such
Interpretations and decisions may involve
information and data furnished by the Customer or third parties, the accuracy
and reliability of which are not the responsibility of BIModular. Customer takes full responsibility for reliance on
Interpretations or decisions resulting from use of any of the Software and/or Support
and Maintenance.
11.5.
The limitations and exclusions in this Section 12 (Limitations of
Liability) apply even if Customer is not fully compensated for any losses and regardless of: (i) whether BIModular
knew of or should have known about the possibility of damages; (ii) if any
limited remedy fails in its essential
purpose; and/or (iii) regardless of the form of action upon which a claim for
such damages may be based, whether in
contract, tort (including, but not limited to negligence or breach of statutory
duty), strict product liability or any other legal or equitable theory.
12.1.
This Agreement comes into effect
from the Effective
Date and will remain in force until the end of the Quotation Term.
12.2.
BIModular may immediately suspend or terminate Customer’s license to
the Software, Support and Maintenance and/or this Agreement if: (i) BIModular has reasonable grounds to believe
that Customer is using the Software and/or Support and Maintenance in breach of Sections 3, 5 or 9; or (ii) Customer
has failed to pay any undisputed amounts invoiced by BIModular when due.
12.3. Upon expiration or termination of this Agreement:
12.3.1.
Customer’s license to the Software and access to Support and
Maintenance will cease, and Customer must immediately cease using
the Software and delete all copies of the Software.
12.3.2.
All undisputed fees owing to BIModular at the date on which termination
or expiration takes effect will become immediately due and payable.
12.3.3.
Any rights, remedies, obligations or liabilities that have accrued
up to the date of termination or expiration will remain unaffected.
13.1.
Any controversy or claim arising out of or relating to the subject
matter of this Agreement, or any breach thereof, will be settled by arbitration to be held in the English
language in accordance with the commercial arbitration rules of the American
Arbitration Association under its
Commercial Arbitration Rules. Any award rendered by the arbitrator(s) may include costs against either Party and may
be entered into a court of competent jurisdiction for enforcement, subject to limitations
of liability articulated in this
Agreement. The arbitrators must issue a final award no later than twelve (12)
months after a demand for arbitration is filed.
13.2.
The laws of England and Wales will govern
any dispute and/or claim arising out of or in connection with this Agreement,
including subject matter or formation, as well as any non-contract disputes
and/or claims arising in connection with the subject matter of this Agreement;
and the place where such disputes and/or claims will be addressed is in London, England.
14.1.
Force Majeure. BIModular will not be liable
under this Agreement if BIModular
is prevented from or delayed in performing
BIModular’s obligations by acts or events
beyond BIModular’s reasonable control, including:
strikes, lock-outs or other industrial disputes (whether involving the
workforce of BIModular or any other party); utility, network or device failure
external to BIModular or its service
providers; acts of God, war, riot,
civil commotion, pandemic, malicious damage; compliance with any law or governmental order, rule, regulation or direction;
accident, breakdown of plant or machinery; fire, flood, or
storm.
14.2.
Relationship of the Parties. The relationship between
the Parties is that of independent entities. Nothing contained in this
Agreement will be construed as
creating any agency, partnership, joint venture, or other form of joint
enterprise, employment or fiduciary relationship
between the Parties, and neither Party will have authority to contract for or
bind the other party in any manner whatsoever.
14.3.
Assignment. No rights or obligations
under this Agreement are assignable or transferable (other than to BIModular’s
or Customer’s Affiliates) in any
manner, whether voluntary, by merger, operation of law or otherwise without the
other party’s prior written agreement. Any transfer or assignment in breach of this section allows the non-breaching party to
terminate this Agreement.
14.4.
Waiver. No failure or delay by a party to exercise
(partially or completely) any right or remedy
provided under this Agreement or by law will constitute a waiver or
restriction of that or
any other right or remedy.
14.5.
Notices. BIModular may provide
Customer with information about Software electronically, including, but not
limited to, via the email, a forum,
or a web site that BIModular identifies. Notice is effective as of the date
made available by BIModular. Notices expressly
required under this Agreement will be in writing to the other Party’s
registered address by courier, registered mail, or certified mail return
receipt requested, or by a firm regularly
engaged in the business of delivery
of documents or packages.
14.6.
Severability. If any term or provision of this Agreement is found by any
court or administrative body of competent jurisdiction to be invalid, unenforceable, or illegal, such
invalidity, unenforceability, or illegality will not affect any other term or
provision of this Agreement or invalidate or render
unenforceable such term or
provision in any other
jurisdiction.
14.7.
Entire agreement. This Agreement constitutes
the sole and entire agreement between BIModular and Customer regarding the subject
matter contained herein,
and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties,
both written and oral, regarding such subject matter. Except as provided
herein, this Agreement may only be amended,
modified, or supplemented by an agreement in writing signed by
each party hereto.
14.8.
Headings. The Section headings
contained in this Agreement are for reference purposes only and will not affect the meaning
or interpretation of the Agreement.
14.9.
Survival. The following sections
survive the termination or expiry of the Agreement: Sections 1 (Definitions), 5 (Customer Obligations and Restrictions), 7 (Ownership of Intellectual Property), 8 (Compliance with
Laws), 9 (Confidentiality), 11 (Limitation of Liability), 12 (Term and
Termination), 13 (Governing Law, Venue and Arbitration), 14 (Miscellaneous).