END USER LICENSE AGREEMENT

Last Updated: 2024-09-13

THIS LITEAI END USER LICENSE AGREEMENT (“EULA”) IS ENTERED INTO BETWEEN YOU AND LITE AI (“LITEAI,” “WE,” “US,” OR “OUR”) AND GOVERNS YOUR USE OF ANY SOFTWARE PROVIDED TO YOU BY US. IF YOU USE THE SOFTWARE, YOU ACCEPT AND AGREE TO BE BOUND BY THIS EULA. IF YOU ARE AN INDIVIDUAL ACTING ON BEHALF OF AN ENTITY, YOU REPRESENT AND WARRANT THAT YOU HAVE THE AUTHORITY TO ENTER INTO THIS EULA ON BEHALF OF THAT ENTITY. IF YOU DO NOT HAVE SUCH AUTHORITY, YOU ARE SOLELY RESPONSIBLE FOR YOUR USE OF THE SOFTWARE. IF YOU DO NOT ACCEPT THE TERMS OF THIS EULA, THEN YOU ARE NOT PERMITTED TO USE THE SOFTWARE.

1. LICENSE. Subject to your compliance with this EULA, we hereby grant you a personal, limited, non-exclusive, non-transferable, non-sublicensable, revocable, royalty-free, worldwide license to use the Software for your internal business purposes, in the specific configuration and for the time period (which may be perpetual) (“Subscription Period”) set forth in the sales quotation issued to you by us or our authorized agent (“Sales Quotation”). You may allow your contractors (each, a “Permitted Third Party”) to use the Software solely for the purpose of providing services to you, provided that such use is in compliance with this EULA. You agree that you are liable for any breach of this EULA by any Permitted Third Party.

2. LIMITATIONS. 2.1 Compliance. You agree that you will comply with (a) all instructions and requirements in any Software specification sheets, user guides, security best practices and policies, and other documentation that we provide or make available to you in connection with the Software ; and (b) all applicable local, state, national, and international laws and regulations (as each of these may be amended or modified from time to time (“Applicable Laws”) with respect to your use of the Software. 2.2 Restrictions. Except as expressly permitted by this EULA, you may not, and you will not encourage, assist or authorize any other person to: (a) incorporate any portion of the Software into your own programs or compile any portion of the Software in combination with your own programs; (b) sell, re-sell, rent, lease, lend, loan, distribute, act as a service bureau or managed service, publicly communicate, transform, or sublicense the Software or otherwise assign any rights to the Software in whole or in part to any third party; (c) modify, alter, tamper with, repair, or otherwise create derivative works of the Software; (d) reverse engineer, disassemble, or decompile the Software or apply any other process or procedure to derive the source code of any software included in the Software or to otherwise determine or attempt to determine how the Software works or operates; (e) use the Software to process, transmit or otherwise make available any content that infringes or misappropriates the intellectual property or proprietary rights of any third party, or without an appropriate license, permission or certification (including as may be required by Applicable Laws); (f) use the Software to create additional software that replicates the functionality of, or is intended to replace, the Software. You will not remove, modify, or obscure any copyright, patent, trademark or other proprietary or attribution notices on or in any Software. 2.3 You agree to maintain accurate records as necessary to verify our compliance with this EULA. Upon our request, no more than once every twelve months, you agree to furnish such records to us and certify your compliance with this EULA. We or our independent third party accountant may examine and audit your books and records relating to this EULA and your access, use, and deployment of the Software to the extent necessary to verify your compliance with this EULA and any order form(s).

3. RESERVATION OF RIGHTS. The Software is owned by us, our affiliates and our licensors. The structure, organization, and code of the Software are our valuable trade secrets and constitutes our confidential information. You acknowledge and agree that title to the Software and all copies thereof, including all industrial and intellectual property rights (including the exclusive rights of economic exploitation), copyright, trade secrets and patent rights, are owned by us, our affiliates and our licensors. The Software is protected by Applicable Laws, including without limitation copyright laws and international treaty provisions. Except for the rights explicitly granted to you in this EULA, all right, title and interest in the Software are reserved and retained by us, our affiliates, or our licensors. You do not acquire any intellectual property or other rights in the Software as a result of downloading, installing, accessing or using the Software.

4. SUGGESTIONS. If you elect to provide any Suggestions to us or our affiliates, we and our affiliates will be entitled to use the Suggestions without restriction. For purposes of this EULA, “Suggestions” includes all suggested improvements to the Software that you provide to us or our affiliates.

5. TERM AND TERMINATION. The term of this EULA begins on the start of the Subscription Period (as set forth in the Sales Quotation for your order) and continues until the earlier of the expiration of the Subscription Period (if applicable) or termination in accordance with the terms of this EULA. You may terminate this EULA at any time. We may terminate this EULA if you are in material breach of this EULA and fail to cure the breach within ten (10) days’ of our written notice to you. This EULA (including any rights granted to you under this EULA) will immediately and automatically terminate without notice from us if (a) you fail to make timely payment for the Software; or (b) you breach Sections 1-3, 5 of this EULA, or bring any action against us or our affiliates alleging the infringement of your intellectual property rights or other proprietary rights.

6. WARRANTY; DISCLAIMERS. We warrant that (a) we will use reasonable skill and care in providing the Services and Deliverables; (b) the Services and Deliverables will conform to any applicable industry standard; (c) the Services and Deliverables will comply with any applicable law; and,

7. AMENDMENT. We may amend this EULA at any time in our sole discretion by posting the revised terms or within an update or upgrade of the Software. Your continued use of the Software after the effective date of the amended EULA evidences your agreement to be bound by it. If you do not agree to a change, you must stop using the Software and terminate this EULA.

8. MISCELLANEOUS. You may not assign your rights or obligations hereunder, and any attempt by you to sublicense, assign or transfer any of the rights, duties or obligations hereunder or to exceed the scope of this Agreement is void. In the event that Company is sold to a third party, such a sale will not be deemed a transfer of personal information so long as that third party agrees to assume Company’s obligations under this Agreement.

This is the entire agreement between you and Company with regard to the matters described herein and govern your use of the Services, superseding any prior agreements between you and Company with respect thereto. The failure of Company to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. If any provision of this Agreement is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties’ intentions as reflected in the provision, and the other provisions hereof shall remain in full force and effect. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of this Agreement or related to use of the Services must be filed within six (6) months after such claim or cause of action arose or be forever barred. You may contact us regarding this Agreement or the Services at:
DeepAuto.ai Co., 200 Rivserside Blvd #18G, New York, USA Contact: sales@deepauto.ai