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Terms and Conditions WAVDSP SOFTWARE LICENSE AGREEMENT (PERPETUAL) These are the WAVDSP Terms and Conditions, which apply when you purchase any of our Product Licensee. SOFTWARE LICENSE Under this Software License Agreement (the “Agreement”), WAVDSP (the “Vendor”) grants to the user (the “Licensee”) a non-exclusive and non-transferable license (the “License”) to use WAVDSP (the “Software”). Title, copyright, intellectual property rights and distribution rights of the Software remain exclusively with the Vendor. Intellectual property rights include the look and feel of the Software. This Agreement constitutes a license for use only and is not in any way a transfer of ownership rights to the Software. The License will be loaded onto iLok Account and can be activate on iLok USB Generation 2 above, iLok Cloud and iLok on machine. The rights and obligations of this Agreement are personal rights granted to the Licensee only. The Licensee may not transfer or assign any of the rights or obligations granted under this Agreement to any other person or legal entity. The Licensee may not make available the Software for use by one or more third parties. The Software may not be modified, reverse-engineered, or de-compiled in any manner through current or future available technologies. Failure to comply with any of the terms under the License section will be considered a material breach of this Agreement. SOFTWARE LICENSE FEE The original purchase price paid by the Licensee will constitute the entire license fee and is the full consideration for this Agreement. USER SUPPORT The Licensee will be entitled to one year of on site support available 24 hours per day 7 days per week, at no additional cost. The Licensee will be entitled to maintenance upgrades and bug fixes, at no additional cost, for a period of one months from the date of Acceptance. SOFTWARE UPDATES The Licensee can be update to newest version without fee. Licensee Transfer Owner Transfer Ownership, There will be a fee of $10 per license. You will need to contact support to provide transfer ownership.