ABot License Agreement

"This ABot Software License Agreement (“Agreement”) is made and entered into as of the Registration Date (the “Effective Date”) by and between Rebaca Technologies Private Ltd, an Indian Company having its principal place of business at Infinity Benchmark Tower, Plot G-1, Block GP, Sector-V, Salt Lake City, Kolkata-700091, INDIA (“Licensor” or “Rebaca”) and User, details found in login ID (“Licensee”).  Rebaca together with Licensee are referred to herein as the “Parties”, and each as a “Party”.

 

BACKGROUND

 WHEREAS, Licensee desires to obtain a license from Rebaca to the ABot software (“ABot Software”) as part of the services to be provided by Rebaca; WHEREAS, Rebaca is willing to license the ABot Software to Licensee, and Licensee is willing to accept the license, upon the terms and conditions set forth in this Agreement. NOW THEREFORE, for and in consideration of the mutual covenants and promises contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows:

  1. DEFINITIONS

    1.1 “ABot Software” or “Software” means the source code and object code for the current ABot Software and any Updates thereto. ABot Software shall include any technical documentation, paperwork, instructions, etc., regarding the ABot Software. For the elimination of doubt, the ABot Software includes the computer programs that comprise a series of instructions, rules, routines, or statements that allow or cause a computer to perform a specific operation or series of operations; and the recorded information comprising source code listings, design details, algorithms, processes, flow charts, formulas, and related material that would enable the computer program to be produced or created, and also includes the graphical interface, images, design materials, and schema design of the program.

    1.2. “ABot Customized Application” or “Customized Application” means any custom application developed by Rebaca for the Licensee.

    1.3. “Affiliates” means concerning any entity, any entity that controls, is controlled by, or is under common control with such entity. For purposes of the foregoing, “control” of an entity means the power to direct or cause the direction of the management and policies of such entity through the ownership of more than fifty percent (50%) of the voting securities (or in the case of a non-corporate entity, equivalent ownership interests) of the controlled entity.

    1.4. “Blocking Problem”, “Non-Blocking Problem and “Semi-Blocking Problem” mean respectively, a malfunction that makes use of the Software impossible, a functional anomaly that does not prevent the use of the Software functions, and a malfunction that prevents the use of certain functions of the Software.

    1.5. “Bug” means a defect in the design or implementation of the Software that manifests itself as a functional problem.

    1.6. “Compilation” and “Reverse Compilation”; Compilation is the translation of the Source Code into Object Code, and Reverse Compilation is the translation of the Object Code into Source Code.

    1.7. “Confidential Information” has the meaning defined in Section 10.

    1.8. “Corrective Maintenance” means the correction of malfunctions and anomalies affecting the working of the Software.

    1.9. “Data” means the data, test cases, or other information provided by Licensee to Rebaca for use in connection with any ABot Customized Application.

    1.10. “Derivative Technology” means (i) for copyrightable or copyrighted material, any translation, modification, correction, addition, improvement, compilation, abridgment, revision, customization, or other forms in which such material may be recast, transformed, or adapted; (ii) for patentable or patented material, any improvement thereon; and (iii) for material that is a protected trade secret, any new material that incorporates or is adapted from such existing trade secret material, including new material which may be protected by copyright, mask work right, patent and/or trade secret.

    1.11. “Hardware” means the set of Licensee devices on which the Software will be installed pursuant to this License.

    1.12. “Intellectual Property Rights” means patent rights (including patent applications, disclosures, continuations, and continuations in part), copyrights, trade secrets, moral rights, know-how, and any other intellectual property rights, recognized in any country or jurisdiction in the world.

    1.13. “License Fee” means the mutually agreed License Fee to be paid by the Licensee to Rebaca in exchange for the License granted under this Agreement as set forth separately.

    1.14. “Modifications” means any and all Updates, Upgrades, and any other modifications or Derivative Technology of the ABot Software, whether made by Rebaca, or any third party.

    1.15. “Object Code” means the list of instructions of a computer program directly executable by the hardware device.

    1.16. “Payment Schedule” means the mutually agreed due date for payment of the License Fee by Licensee, or the agreed-upon Payment Schedule.

    1.17. “Personnel” Any member of staff or any person employed by Rebaca or Licensee, whatever their position

    1.18. “Source Code” means the list of instructions of a computer program expressed in a human-readable language.

    1.19. “Updates” means minor patches, workarounds, bug fixes, error corrections, minor modifications or enhancements, and other changes to the ABot Software that Rebaca has determined are available at no charge.

    1.20. “Upgrades” means any new update release of the ABot Software that Rebaca has determined will be available to existing licensees for a fee, including without limitation upgrades containing new features, new functions, and/or other modifications or enhancements.

  2. OWNERSHIP, LICENSE AND RESTRICTIONS

    2.1. – Ownership. Rebaca owns and will continue to own all rights, titles, and interests in and to the ABot Software, the ABot Customized Application, any and all Modifications, and all Intellectual Property Rights in or related to any of the foregoing. Licensee will obtain no rights in or to the ABot Software by operation of this Agreement or otherwise, other than the rights and licenses set forth in this Section 2. At all times contemplated herein, Licensee owns and will continue to own all right title and interest in and to the Data.

    2.2. – Grant of Limited License. Subject to the timely payment of the License Fee in accordance with the Payment Schedule, and conditioned on Licensee’s continuous compliance with this Agreement, Rebaca hereby grants to Licensee a limited non-exclusive, royalty-free, worldwide, non-transferable license to use the ABot Software, the ABot Customized Application, and any Updates provided to Licensee by Rebaca and/or its Affiliates, during the Term, and solely for purposes set forth herein and in the MSA and SOW. For the avoidance of doubt, other than as expressly set forth in this Agreement, Licensee's use of Upgrades or additional customized applications or products based on the ABot Software platform are not covered by this Agreement and are not included under the License Fee set forth herein.

    2.3. – License Restrictions. The license granted herein and in this Section 2 does not include any right for the Licensee to sublicense, assign, or transfer any rights granted herein to any third party, and the Licensee hereby agrees it will not attempt any such transfer or sublicense such rights.

  3. LICENSE FEE AND PAYMENT

    3.1. – License Fee. In exchange for the limited license to the Software, the Licensee agrees to pay Rebaca the License Fee in the amount set forth on attached Exhibit A License Terms, attached and incorporated by reference hereto, and on the terms set forth herein.

    3.2. – Payment; Invoicing. The total License Fee will be paid to Rebaca before access of the Software to the Licensee.

    3.3. – Methods of Payment. The License Fee may be paid by check or wire transfer or a 3rd party vendor to Rebaca in accordance with the instructions included on each invoice.

    3.4. – Taxes. The License Fee excludes any taxes or duties payable in respect of the Software in the jurisdiction where the payment is either made or received. To the extent that any such taxes or duties are payable by Rebaca, the Licensee shall be responsible for payment to Rebaca the amount of such taxes or duties in addition to the License Fee. Notwithstanding the foregoing, Licensee may have obtained an exemption from relevant taxes or duties as of the time such taxes or duties are levied or assessed, in such case, Licensee shall have the right to provide Rebaca with any such exemption information, and Rebaca will use reasonable efforts to provide such invoicing documents as may enable Licensee to obtain a refund or credit for the amount so paid from any relevant revenue authority if such a refund or credit is available.

  4. DATA, STORAGE AND ACCESS

    4.1. – Ownership and Storage of Data. Licensee owns and will continue to own all right title and interest in and to the Data and all Data will be stored and maintained on Licensee’s system.

    4.2. – Data Access. During the license Term and subject to the confidentiality covenants contained herein, the Licensee grants Rebaca unrestricted access to the Data for the sole purpose of monitoring, developing, maintaining, and updating the ABot Customized Application.

  5. LICENSE TERM AND TERMINATION

    5.1. – Termination. Without prejudice to any other rights hereunder, Rebaca may terminate this License upon the Licensee’s failure to cure any breach of the terms of this Agreement with immediate notice, and the Licensee’s failure to make timely payments when due in accordance with the Payment Schedule.

    5.2. – Effect of Termination. Upon any expiration or termination or expiration of this Licensee, the Licensee shall promptly cease all use of the Software and return the Software to Rebaca or destroy all copies of the Software, documentation, and its component parts as instructed by Rebaca, and shall certify same to Rebaca in writing upon request.

  6. LICENSEE OBLIGATIONS

    Licensee agrees at all times during the Term to reasonably cooperate with Rebaca in its efforts to perform its obligations hereunder, including without limitation performance of Support and Maintenance services, as follows:

    6.1 – Information.  Licensee agrees to promptly respond to and provide information requested by Rebaca with respect to Software and/or any Support and Maintenance issues.

    6.2 – Implementation.  Licensee agrees to comply with all reasonable requests, recommendations, and instructions from Rebaca with respect to the operation and/or maintenance of the Software the security, protection, and backup of data, files, programs, and the Software.

    6.3 – Software Updates. Licensee agrees to promptly install any Updates, new versions of the Software, or other fixes provided by Rebaca.

    6.4 – Hardware Upgrades. Licensee will timely inform Rebaca of any planned or completed upgrades to the Hardware that could impact any pending or future Support or Maintenance requests

    6.5 – Operations. Licensee shall refrain from or delay the performance of any Software or Hardware operation that could directly or indirectly prevent or impede Rebaca’s provision of Support or Maintenance services.

  7. CONFIDENTIALITY

    Except as otherwise set forth in this Agreement, each party agrees that all code, inventions, know-how and business, technical and financial information disclosed to such party (“Receiving Party”) by the disclosing party (“Disclosing Party”) constitute the confidential property of the Disclosing Party (“Confidential Information”), provided that it is identified as confidential at the time of disclosure or should be reasonably known by the Receiving Party to be confidential or proprietary due to the nature of the information disclosed and the circumstances surrounding the disclosure. Any Rebaca Software, technology, or Intellectual Property, and any performance information relating to the Software will be deemed Confidential Information of Rebaca without any marking or further designation. Except as expressly authorized herein, the Receiving Party will (1) hold in confidence and not disclose any Confidential Information to third parties and (2) not use Confidential Information for any purpose other than fulfilling its obligations and exercising its rights under this Agreement.  The Receiving Party may disclose Confidential Information to its employees, agents, contractors, and other representatives having a legitimate need to know, provided that they are bound to confidentiality obligations no less protective of the Disclosing Party than those contained herein and that the Receiving Party remains responsible for compliance by them with the terms of this Agreement. The Receiving Party's confidentiality obligations will not apply to information that the Receiving Party can document: (i) was rightfully in its possession or known to it prior to receipt of the Confidential Information; (ii) is or has become public knowledge through no fault of the Receiving Party; (iii) is rightfully obtained by the Receiving Party from a third party without breach of any confidentiality obligation; or (iv) is independently developed by employees of the Receiving Party who had no access to such information. The Receiving Party may also disclose Confidential Information if so required pursuant to a regulation, law, or court order (but only to the minimum extent required to comply with such regulation or order and with advance notice to the Disclosing Party). The Receiving Party acknowledges that disclosure of Confidential Information would cause substantial harm for which damages alone would not be a sufficient remedy, and therefore that upon any such disclosure by the Receiving Party, the Disclosing Party will be entitled to appropriate equitable relief in addition to whatever other remedies it might have at law.

  8. REPRESENTATIONS, WARRANTIES AND INDEMNIFICATION

    8.1. – Representations by Licensee. Licensee hereby represents and warrants to Rebaca as follows:

    • That it has received all information requested from Rebaca necessary to evaluate the Software, and it has determined that the Software will meet Licensee needs and that Licensee Personnel possess the requisite technical expertise and know-how to successfully utilize the Software.
    • That it has analyzed the suitability of the Software for its needs and the Licensee has determined that the Licensee Personnel have the technical competence that they have the competence to use it.
    • That other than Support and Maintenance services to be provided by Rebaca under this Agreement, the Licensee shall be solely responsible for the operation and use of the Software to achieve any Licensee objectives.
    • That it bears sole responsibility for ensuring that the Licensee Hardware is appropriate for the operation and use of the Software, and it will take all appropriate measures to protect its Hardware, systems, network, and data and/or software against risks associated with the use of the Software.

    8.2. – Representations by Rebaca. Rebaca hereby represents and warrants to the Licensee as follows:

    • That it is the rightful owner of the Software and has the full power and authority to enter into this Agreement and grant the rights granted to the Licensee hereunder.
    • That the Software is an original work and does not infringe on the rights of any third party.

    8.3. – Indemnification.

    • By Licensee. Licensee will defend, indemnify and hold harmless Rebaca from and against any loss, injury, or claim by a third party against Rebaca arising out of, (a) a breach of the Licensee’s representations and warranties hereunder, (b) the Licensee’s improper use or operation of the Software in a way that is not contemplated by this Agreement, or (c) relating to any of Licensee’s products or services.
    • Each Party must notify the other Party promptly after receipt of any claims made for which the other Party may be liable hereunder. The indemnifying party will have the sole right to defend, negotiate, and settle such claims using legal counsel of its choosing, provided that the indemnified party will be entitled to participate or take over such defense at its own expense; provided, however, that the indemnifying party will have final decision-making authority regarding all aspects of the defense of the claim. The indemnified party agrees to provide the indemnifying party with such information and assistance as the indemnifying party may reasonably request, at the expense of the indemnifying party. Neither party will be responsible nor bound by any settlement of any claim or suit made without its prior written consent; provided that the indemnified party will not unreasonably withhold or delay such consent.

    8.4. – Warrantee Disclaimer.

    EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, ALL SOFTWARE, SUPPORT AND MAINTENANCE AND ANY ADDITIONAL SERVICES ARE PROVIDED “AS IS,” AND REBACA EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES AND REPRESENTATIONS OF ANY KIND, INCLUDING ANY WARRANTY OF NON-INFRINGEMENT, TITLE, FITNESS FOR A PARTICULAR PURPOSE, FUNCTIONALITY, OR MERCHANTABILITY, WHETHER EXPRESS, IMPLIED, OR STATUTORY. REBACA WILL NOT BE LIABLE FOR DELAYS, INTERRUPTIONS, SERVICE FAILURES OR OTHER PROBLEMS INHERENT IN THE USE OF THE INTERNET AND ELECTRONIC COMMUNICATIONS OR OTHER SYSTEMS OUTSIDE THE REASONABLE CONTROL OF REBACA. TO THE MAXIMUM EXTENT PERMITTED BY LAW, REBACA MAKES NO REPRESENTATION, WARRANTY OR GUARANTEE AS TO THE RELIABILITY, TIMELINESS, QUALITY, SUITABILITY, TRUTH, AVAILABILITY, ACCURACY OR COMPLETENESS OF ANY SOFTWARE OR ANY CONTENT THEREIN OR ANY RESULTS GENERATED THEREWITH, OR THAT: (A) THE USE OF ANY SOFTWARE WILL BE SECURE, TIMELY, UNINTERRUPTED OR ERROR-FREE; (B) THE SOFTWARE WILL OPERATE IN COMBINATION WITH ANY OTHER HARDWARE, SOFTWARE, SYSTEM, OR DATA; (C) THE SOFTWARE WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS; (D) ERRORS OR DEFECTS WILL BE CORRECTED; OR (E) THE SOFTWARE IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.   THE DURATION OF STATUTORILY REQUIRED WARRANTIES, IF ANY, WILL BE LIMITED TO THE SHORTEST PERIOD PERMITTED BY LAW.

  9. LIMITATION OF LIABILITY

    Except for liabilities, losses, damages, costs, or expenses related to each Party’s obligations of Confidentiality, Intellectual Property, and Indemnification of third-party claims, and except in the case of such Party’s gross negligence or willful misconduct, in no event shall either Party be liable to the other for any consequential, incidental, indirect, special or punitive damages arising out of this Agreement even if it has been advised of their possible existence. The Parties agree that total liability under this Agreement for each Party shall be limited to the amount paid or payable to Rebaca by Licensee during the twelve (12) month period immediately preceding any such claim.

  10. FORCE MAJEURE

    Neither party will be liable to the other for any delay or failure to perform any obligation under this Agreement (except for a failure to pay fees) if the delay or failure is due to events that are beyond the reasonable control of such parties, such as a strike, blockade, war, act of terrorism, riot, natural disaster, failure or diminishment of power or telecommunications or data networks or services, or refusal of a license by a government agency.

  11. APPLICABLE LAW, LANGUAGE AND DISPUTE RESOLUTION

    11.1. – Choice of Laws.  The Parties agree that this Agreement shall be governed by the applicable laws of the State of West Bengal, India, without respect to the choice of laws and provisions contained therein.

    11.2. – Dispute Resolution.  In the event a dispute relating to this Agreement arises between the Parties, the Parties will use reasonable efforts to resolve the dispute through direct discussions for a period of thirty (30) days. If after discussion, the Parties are unable to reach a resolution, the dispute may be escalated to each Party’s senior management.  The senior management of each Party is committed to responding to any such dispute within five (5) business days. Both Parties will work in good faith to promptly resolve the dispute. If the Parties cannot amicably resolve the dispute within thirty (30) days, either party may, but is not required to, refer the matter for arbitration proceedings, whether binding or non-binding. The Parties agree, that if a dispute is submitted for arbitration, it shall be conducted pursuant to the Commercial Arbitration Rules of the American Arbitration Association. The arbitration shall be conducted in New York, and New York, and shall be conducted in English. There shall be three (3) arbitrators. Rebaca will select one arbitrator, and Licensee will select one arbitrator. The presiding arbitrator will be selected by agreement of Rebaca and Licensee.  Each Party shall pay the cost of the arbitrator it selects and both Parties shall share the cost of the third arbitrator.

  12. NOTICES

    Any notice, report, or other written communication required or permitted to be made or given hereunder may be made or given by either Party to the other by: (i) personal in-hand delivery; (ii) by electronic mail (“email”); (iii) by first class mail, postage prepaid; or (iv) by air courier to the following:

    For Rebaca:

    Rebaca Technologies Private Ltd
    Infinity Benchmark Tower, Plot G-1, Block GP, Sector-V,
    Salt Lake City, Kolkata-700091, INDIA
    Attn: Samir Chatterjee, President
    Email: samir@rebaca.com

    For Licensee:

    Name:
    Email:

  13. MISCELLANEOUS

    13.1. – Assignment.  The rights, benefits, and duties of this Agreement may not be assigned, transferred, or delegated to others without the express written consent of the other Party.

    13.2. – Integration.  The terms and conditions contained in this Agreement constitute the entire agreement between the Parties with respect to the subject matter hereof and supersede all prior communications or understandings between the Parties with respect to this subject.  No agreement or understanding varying or extending this Agreement will be binding, unless in writing in which this Agreement is specifically referenced and signed by duly authorized officers or representatives of Rebaca and Licensee.

    13.3. – Severability.  If any term or condition of this Agreement is found by a court of competent jurisdiction to be invalid, illegal, or otherwise unenforceable, this finding shall not affect the other terms or conditions hereof or the whole of this Agreement, but such term or condition shall be deemed modified to the extent necessary in the court’s opinion to render such term or condition enforceable, and the rights and obligations of the Parties shall be construed and enforced accordingly, preserving to the fullest permissible extent the intent and agreements of the Parties set forth herein.

    13.4. – No Waiver.  A waiver by either Party of any of the terms and conditions of this Agreement in any instance will not be deemed or construed to be a waiver of such term or condition in any other instance or a waiver of any other term or condition hereof.

    13.5. – Counterparts.  This Agreement may be executed simultaneously in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.  This Agreement will become binding when any one or more counterparts hereof, individually or taken together, bear the signatures of both Parties.  For the purposes hereof, an electronic copy of this Agreement, including signed signature pages hereto, shall be deemed an original.

    13.6. – Headings.  All headings are for convenience only and shall not affect the meaning of any provision of this Agreement. Wherever the word “including” or “include” shall appear in this Agreement, such term shall be construed to mean “including without limitation” or “include without limitation,” as the case may be.

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