End User License Agreement (EULA)

Effective Date: November 1, 2025

Last Updated: November 1, 2025

Version: 1.0.0

This EULA is originally drafted in English. In case of conflicting translations, the English version shall prevail and be legally binding.

IMPORTANT NOTICE:

This is a legally binding agreement. By installing, copying, downloading, accessing, or otherwise using the Software, you acknowledge that you have read, understood, and agree to be bound by the terms of this EULA. If you do not agree, do not use the Software.

Beta Period Notice (Versions 0.1.0 - 0.9.x):

During the beta period (all versions prior to 1.0.0), commercial features are available free of charge for evaluation purposes. However, this EULA remains in full effect, and upon release of version 1.0.0, ALL versions of the Software (including previously installed beta versions) will require appropriate commercial licensing for any commercial use.

DEFINITIONS

For the purposes of this Agreement:

1. GRANT OF LICENSE

1.1 License Grant

Subject to your compliance with this Agreement, the Company grants you a limited, non-exclusive, non-transferable, revocable license to install and use the Software according to the license type you have obtained.

1.2 License Types

1.3 Beta Period Terms

For Software versions 0.1.0 through 0.9.x (“Beta Versions”):

2. LICENSE RESTRICTIONS

You may NOT:

3. INTELLECTUAL PROPERTY RIGHTS

3.1 Ownership

The Software is licensed, not sold. The Company and its licensors retain all right, title, and interest in and to the Software, including all intellectual property rights. No rights are granted except those expressly set forth in this Agreement.

3.2 Proprietary Rights

The Software contains proprietary and confidential information protected by intellectual property laws, including but not limited to copyright, patent, trademark, and trade secret laws.

3.3 Feedback

Any feedback, suggestions, or ideas you provide regarding the Software become the property of the Company and may be used without restriction or compensation to you.

4. ACTIVATION AND VALIDATION

4.1 Activation Required

The Software requires activation through a valid user account and, for commercial licenses, a valid License Key. Activation associates the Software with specific hardware and/or user account.

4.2 Validation Checks

The Software performs periodic validation to verify license compliance. These checks may:

4.3 Internet Connection

Periodic internet connection is required for license validation. Extended offline use may result in reduced functionality or deactivation.

5. UPDATES AND SUPPORT

5.1 Updates

The Company may provide updates, patches, or new versions at its discretion. Updates may:

5.2 Automatic Updates

The Software may automatically download and install updates. You consent to receive such updates as part of your use of the Software.

5.3 Support

6. DATA COLLECTION AND PRIVACY

6.1 Data Collection

By using the Software, you consent to the collection of:

6.2 Privacy Policy

Data collection and processing are governed by our Privacy Policy, which is incorporated by reference into this Agreement.

7. WARRANTIES AND DISCLAIMERS

7.1 Disclaimer of Warranties

THE SOFTWARE IS PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND. THE COMPANY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO:

7.2 No Guarantee

The Company does not guarantee that the Software will meet your requirements or that defects will be corrected. You assume all risk of use.

8. LIMITATION OF LIABILITY

8.1 Exclusion of Damages

TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY SHALL NOT BE LIABLE FOR ANY:

8.2 Essential Purpose

These limitations apply even if the Company has been advised of the possibility of such damages and even if any remedy fails of its essential purpose.

9. INDEMNIFICATION

You agree to defend, indemnify, and hold harmless the Company, its affiliates, officers, directors, employees, and agents from and against all claims, damages, losses, expenses, and costs (including reasonable attorneys' fees) arising from:

10. TERMINATION

10.1 Term

This Agreement is effective upon installation or first use of the Software and continues until terminated.

10.2 Termination by You

You may terminate this Agreement by ceasing use and uninstalling all copies of the Software.

10.3 Termination by Company

The Company may terminate your license immediately if you:

10.4 Effect of Termination

Upon termination:

11. EXPORT COMPLIANCE

You acknowledge that the Software may be subject to export controls and sanctions laws of the United Kingdom, European Union, United States, and other jurisdictions. You agree to:

12. GOVERNING LAW AND DISPUTES

12.1 Governing Law

This Agreement shall be governed by and construed in accordance with the laws of England and Wales, without regard to conflict of law principles.

12.2 Jurisdiction

Any disputes arising from or relating to this Agreement shall be subject to the exclusive jurisdiction of the courts of England and Wales.

12.3 Arbitration

At the Company's option, disputes may be resolved through binding arbitration under the rules of the London Court of International Arbitration (LCIA).

13. GENERAL PROVISIONS

13.1 Entire Agreement

This Agreement, together with our Terms and Conditions, Privacy Policy, and any applicable Order Forms or Invoices, constitutes the entire agreement between you and the Company.

13.2 Severability

If any provision is held invalid or unenforceable, the remaining provisions shall continue in full force and effect.

13.3 Waiver

No waiver shall be effective unless in writing. Failure to enforce any provision shall not constitute a waiver of future enforcement.

13.4 Assignment

You may not assign or transfer this Agreement or your rights hereunder. The Company may assign this Agreement without restriction.

13.5 Force Majeure

Neither party shall be liable for delays or failures due to causes beyond their reasonable control, including acts of God, natural disasters, war, terrorism, labor disputes, or government actions.

13.6 Notices

Notices to the Company should be sent to legal@paacs.pro. Notices to you will be sent to your registered email address.

14. CONTACT INFORMATION

PAACS Software Ltd

Legal Department

Email: legal@paacs.pro

Support: support@paacs.pro

Licensing: licensing@paacs.pro

BY USING THE SOFTWARE, YOU ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT, UNDERSTAND IT, AND AGREE TO BE BOUND BY ITS TERMS.