<div><h4>SOFTLAB24 LIMITED, COMMERCIAL LICENSE  v1.0</h4><ol><li><p><strong>Preamble:</strong> This Agreement, governs the relationship between Buyer, a Business Entity, (hereinafter: Licensee) and SOFTLAB24 LIMITED, a duly registered company in  whose principal place of business is Schaffhausen , Switzerland (hereinafter: Licensor). This Agreement sets the terms, rights, restrictions and obligations on using Premium Version / Components (hereinafter: The Software) created and owned by Licensor, as detailed herein</p></li><li><p><strong>License Grant:</strong> Licensor hereby grants Licensee a Personal, Non-assignable &amp; non-transferable, Pepetual, Commercial with terms, Without the rights to create derivative works, Non-exclusive license, all with accordance with the terms set forth and other legal restrictions set forth in 3rd party software used while running Software.</p> <ol><li>This license is granted perpetually, as long as you do not materially breach it.</li><li><strong>Non Assignable &amp; Non-Transferable:</strong> Licensee may not assign or transfer his rights and duties under this license.</li> <li><strong>Commercial use allowed with restrictions:</strong> You are allowed to use for commercial purpose but you are not allowed to re-sell the product, nor to provide it software as serivce to customers (you can use it as standard social network website).</li><li><strong>With support &amp; maintenance:</strong> Licensor shall provide Licensee support and maintenance as follows - <br>The support is provided until you didn't modify software. This didn't applies to changing colors, images etc. (but includes changing the core php files, running on non-supported version of server, hosting panel etc).</li></ol></li><li><strong>Term &amp; Termination:</strong> The Term of this license shall be until terminated. Licensor may terminate this Agreement, including Licensee's license in the case where Licensee : <ol><li>became insolvent or otherwise entered into any liquidation process; or</li> <li>exported The Software to any jurisdiction where licensor may not enforce his rights under this agreements in; or</li> <li>Licensee was in breach of any of this license's terms and conditions and such   breach was not cured, immediately upon notification; or</li> <li>Licensee in breach of any of the terms of clause 2 to this license; or</li> <li>Licensee otherwise entered into any arrangement which caused Licensor to be unable to enforce his rights under this License.<br><br></li></ol></li> <li><strong>Payment:</strong> In consideration of the License granted under clause 2, Licensee shall pay Licensor a fee, via Credit-Card, PayPal or any other mean which Licensor may deem adequate. Failure to perform payment shall construe as material breach of this Agreement.</li> <li><strong>Upgrades, Updates and Fixes:</strong> Updates are provided for 6 months only, on custom request.</li> <li><strong>Support:</strong> Software is provided with limited support (6 months), as detailed in the Software's SLA detailed under the License Grant. Licensor shall provide support via the Binpress issue tracker and / or electronic mail and on regular business days and hours.</li> <li><strong>Liability:</strong> To the extent permitted under Law, The Software is provided under an   AS-IS basis. Licensor shall never, and without any limit, be liable for   any damage, cost, expense or any other payment incurred by Licensee as a   result of Software's actions, failure, bugs and/or any other  interaction  between The Software &nbsp;and Licensee's end-equipment, computers,  other  software or any 3rd party, end-equipment, computer or  services.  &nbsp;Moreover, Licensor shall never be liable for any defect in  source code  written by Licensee when relying on The Software or using The Software's source  code.</li> <li><strong>Warranty: &nbsp;</strong> <ol><li><strong>Intellectual Property:</strong>The software is intellectual property of SOFTALB24 LIMITED.</li> <li><strong>No-Warranty:</strong> The Software is provided without any warranty; Licensor hereby disclaims   any warranty that The Software shall be error free, without defects or code   which may cause damage to Licensee's computers or to Licensee, and  that  Software shall be functional. Licensee shall be solely liable to  any  damage, defect or loss incurred as a result of operating software  and  undertake the risks contained in running The Software on License's  website[s].</li> <li><strong>Prior Inspection:</strong> Licensee hereby states that he inspected The Software thoroughly and found   it satisfactory and adequate to his needs, that it does not interfere   with his regular operation and that it does meet the standards and  scope  of his computer systems and architecture. Licensee found that  The Software  interacts with his development, website and server environment  and that  it does not infringe any of End User License Agreement of any  software  Licensee may use in performing his services. Licensee hereby  waives any  claims regarding The Software's incompatibility, performance,  results and  features, and warrants that he inspected the The Software.</li></ol></li> <li><strong>No Refunds:</strong> Licensee warrants that he inspected The Software according to clause 7(c)   and that it is adequate to his needs. Accordingly, as The Software is   intangible goods, Licensee shall not be, ever, entitled to any refund,   rebate, compensation or restitution for any reason whatsoever, even if   The Software contains material flaws.</li> <li><strong>Governing Law, Jurisdiction:</strong> Licensee hereby agrees not to initiate class-action lawsuits against   Licensor in relation to this license and to compensate Licensor for any   legal fees, cost or attorney fees should any claim brought by Licensee   against Licensor be denied, in part or in full. Your use of this site shall be governed by Swiss law and shall be subject to the exclusive jurisdiction of the Swiss Courts.</li></ol></div>