Licence Agreement

End User Licence Agreement

Please read this Agreement carefully. It contains important terms that affect you and your use of the Software. By clicking, "I accept" or by installing, copying, or using the Software, you agree to be bound by the terms of this Agreement, including the disclaimers. If you do not agree to these terms, do not install, copy, or use the Software.

1. Software License
a. Definition of Software. In this Agreement, "Software" means the software in source code form, specifically described in Schedule A.

2. Grant of License. By installing, copying or using the Software, we grant you a limited, non-transferable, royalty-free license to use the Software in accordance with the terms of this Agreement.

3. Terms of License
a. Permitted Uses: You may install and use the Software solely for your personal and non-commercial use. A commercial profit-oriented business is strictly prohibited.
b. Restricted Uses
i. No Distribution, etc. You may not distribute, sub-license, loan, or sell the Software or any of its content that is contained or displayed in it to any third party.
ii. No Modification. You may not modify, alter, or create any derivative works of the Software, without the prior written consent of the Software Owner.
iii. No Reverse Engineering. You may not reverse, engineer, decompile, decode, decrypt, disassemble, or derive any source code from or about the Software.
iv. Proprietary Notices. You may not remove, alter, or obscure any copyright, trademark, or other proprietary rights notice on or in the Software.

4. Support and Maintenance.
We will provide you with the necessary support and maintenance services free of charge for a period of twelve [12] months following the Effective Date, and thereafter, serviceable at our standard rates:
a. Email Support. During our normal business hours, we will attempt to respond to technical questions that you email to us within a reasonable period of time.
b. Patches and Fixes. We will attempt to correct issues identified in the Software by providing patches and fixes.
c. Upgrades. Where applicable, we will attempt to distribute Software upgrades on a regular basis.

5. Fees
a. Payment of Fees. Applicable Software license fees will be charged upon installation of the Software. However, applicable support fees will become payable in full no later than 24hours after the date of our invoice for the service.
b. No Refunds. The fees are non-refundable.
c. Taxes, etc. Our fees do not include any taxes, import or export fees, duties, or similar charges, all of which are your responsibility.

6. Information
You authorize and consent to all lawful access, use or disclosure of details processed on the Software which may include but shall not be limited to purposes necessary to promote or sustain the Software or its promotion; and You waive any claim you may have against the Software Owner arising from any such access, use or disclosure.

7. Term.
This Agreement is effective upon acceptance and installation of the Software (the "Effective Date") and will continue until terminated in accordance with the terms of this agreement.

8. Personal Data
a. Personal data is all information that directly or indirectly may refer to the Software User which he/she have provided in the course of this Agreement or use of the Software. Such includes Contact information [name, title, address, email address, mobile phone number etc, Date of birth, Employment information [name, address, phone number and email address of employee], Financial information [information about the Client’s income and any charges, where available].
b. We, where necessary, will process the personal data in order to provide a simplified service and in order to simplify the process. We will process the personal data for confirming your identity, administering the customer relationship, preventing misuse or improper use of our Software, for the prevention of money laundering, customer analysis, assessment, risk analysis and management, business development, for commercial and marketing purposes and for complying with applicable laws.
c. By accepting the Terms of this Software, you agree that we may use and/or reuse data provided or previously provided and we may carry out enquiries to help on your use of the Software. Where available, we will use such information to confirm your identity and simplify the use of our service.

9. Information Sharing and Disclosure
We will not share your personally identifiable information to anyone. However, we may share such information to third parties only on “Need basis” such as when: a. We have your consent to share the information;
b. The law requires it of us;
c. We respond to court orders or legal process; or
d. We find that your actions violate any part of the terms of the use of the Software.

10. Warranties.
a. This Software and its content, with all its faults, defects, and errors, are provided "As Is" and without any warranty.
b. We do not promise that the Software will be free of bugs, errors, viruses, or other defects. We will not be liable for your use of or inability to use the Software, its content, or any associated service.
Disclaimer of All Other Warranties. We are not making any other express or implied warranties, including any implied warranties of quiet enjoyment, merchantability or fitness for a particular purpose, except as stated.

11. Acknowledgements
a. Ownership of Software. We own the Software and all intellectual property rights in and to it.
b. Third Party Software. The Software may now or later contain third party software that requires notices or additional terms. If so, those notices and additional terms are and will be located on our website and are incorporated by reference into this Agreement.
c. Consent to Use of Data. You agree that we and our affiliates may collect and use technical information gathered as part of our support services. We may use this information, but only to improve our products and services. We will not disclose this information in a form that personally identifies you.
d. Compliance with Laws. In the use of the Software, you must comply with all applicable laws and regulations (including those relating to the import and export of software).
e. Limitation of Liability. We will not be liable for breach-of-contract or damages that could not reasonably have been foreseen on entering into this Agreement.

12. Termination
a. Termination by Us. We may terminate this Agreement upon five (5) days' prior written notice to you. Upon notice of such termination, the installation shall be disconnected or disabled.
b. Termination by You. You may terminate this Agreement by:
i. permanently destroying all copies of the Software in your possession or control,
ii. removing the Software from any hard drive on which it is installed, and
iii. giving us Notice certifying that you have taken these steps.

13. General
a. Entire Agreement. This Agreement contains all the terms between by the Parties relating to its subject matter. It replaces all previous discussions, understandings, and agreements.
b. Amendment. We may amend this Agreement on one or more occasions by posting amendments to our website. If you do not accept amendments to this agreement, then this license will immediately terminate.]
c. Assignment. You may not assign this Agreement or any of your rights under it. We may assign this Agreement or any of our rights at any time without notice or the need for your consent.
d. Severability. If any part of this Agreement is declared unenforceable or invalid, the remainder will continue to be valid and enforceable.
e. Waiver. A party's failure or neglect to enforce any of rights under this Agreement will not be deemed to be a waiver of that party's rights.
f. Notices. We may deliver any notice required by this Agreement via pop-up window, dialog box, or other on-screen device, even though you may not receive the notice until you next launch the Software. Any such notice will be deemed delivered on the date we first make it available through the Software.
g. Governing Law. This Agreement will be governed and construed in accordance with the laws of the Federal Republic of Nigeria, without regard to its conflict of laws rules.
h. Headings. The headings used in this Agreement and its division into sections, schedules, and other subdivisions do not affect its interpretation.

Contact Us
If you have any questions about this Agreement, please contact us: info@vfd-mfb.com.