License Agreement
LICENSING AGREEMENT
Last Updated: February 28, 2024
This Licensing Agreement ("Agreement") is entered into as of the date purchased, by and between Naeshcar Pte. Ltd., a Singapore private limited company ("Licensor"), and the buyer of the Master Resell Rights product ("Licensee").
WHEREAS, Licensor is the sole and exclusive owner of the Master Resell Rights product ("Product");
WHEREAS, Licensee desires to obtain certain rights to resell the Product, and Licensor is willing to grant such rights to Licensee, all on the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
TERMS OF LICENSE:
By entering into this agreement, the Licensee agrees to the following terms concerning the use, resale, and distribution of the Master Resell Rights product:
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Scope of License: This license agreement covers the right to resell the Master Resell Rights product. By accepting the terms of this agreement, the licensee acknowledges and agrees to be bound by its provisions. Any breach of the terms related to the product will be considered a breach of the entire agreement.
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Prohibition of Income Claim Content and License Revocation: Licensees agree not to make, disseminate, or endorse any statements, advertisements, or representations, directly or indirectly, which make income projections, promises, or guarantees concerning the potential income that can be derived from the use of the product. The use of false or misleading income claim content is strictly prohibited. Violation of this provision will result in the immediate revocation of the license to use the product and may lead to further legal action.
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Third-Party Content Protection:
- License to Use Third-Party Content: Subject to the terms and conditions of this Agreement, third-party content providers grant the Licensee a non-exclusive, non-transferable, and revocable license to access and use the Third-Party Content solely for personal, non-commercial educational purposes.
- Prohibitions: The Licensee is expressly prohibited from replicating, downloading, or otherwise copying any Third-Party Content without the express written permission of the original Content Provider.
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Intellectual Property Rights: All intellectual property rights in and to the Product are owned by the Licensor. Nothing in this Agreement shall be construed to transfer any rights, title, or interest in the Third-Party Content or the Product to the Licensee or any third party.
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Responsibility for Infringement: The Licensee is solely responsible for any infringement of intellectual property rights resulting from unauthorized use of the Product.
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Termination of Access: Licensor reserves the right to terminate or restrict the Licensee's access to the Product for any Licensee found to be in violation of this Agreement.
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Amendments: This Agreement may be amended or updated by Licensor from time to time. The Licensee will be notified of any significant changes, and continued use of the Product will constitute acceptance of the revised terms.
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Marketing and Promotion: Licensee agrees to use ethical marketing materials for the promotion of the Product. False or misleading income claims for marketing purposes are strictly prohibited.
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Pricing: The minimum sale price for the Product is set by the Licensor. Licensee must ensure that any promotions or discounts do not reduce the sale price below the minimum established.
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Community Guidelines: Licensee agrees to abide by community guidelines established by the Licensor.
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Return Policy: All sales of the Product are final and non-refundable. Licensee must communicate this policy clearly to customers.
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Confidentiality: Licensee agrees to treat all proprietary information related to the Product and Licensor as confidential.
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Contact Information: For any queries regarding this Agreement, Licensee can contact Licensor at:
- Email: hello@pixiepax.sg