This License Agreement is a legal agreement between you (either an individual or a legal entity) and CIM INDUSTRIAL SYSTEMS A/S Denmark and its suppliers regarding the FlexStand software product identified above. The product includes computer software and may include associated media, printed materials, and "online" or electronic documentation (hereinafter referred to as "FlexStand Software"). By installing, copying, or otherwise using the FlexStand Software, you accept the terms of this License Agreement. If you do not agree to the terms of this License Agreement, you may not install, copy or in any other way use the FlexStand Software. The FlexStand Software is protected by copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. The FlexStand Software is licensed, not sold, and CIM INDUSTRIAL SYSTEMS A/S and its suppliers retain title and all ownership rights to the FlexStand Software. All rights not expressly granted are reserved to CIM INDUSTRIAL SYSTEMS A/S and its suppliers. This License Agreement does not give you any rights to install or use other FlexStand Software. It requires a separate license to obtain such rights. 1. Terms of license You as user (hereinafter referred to as "the User") are granted a personal, non-exclusive and limited license to use the FlexStand Software on the condition that the FlexStand Software shall only be used in connection with products delivered by CIM INDUSTRIAL SYSTEMS A/S and its suppliers. 2. Copyright All rights, title, and copyrights in and to the FlexStand Software, including, but not limited to, any trademarks, images, photographs, animations, text, HTML pages and applets incorporated into the FlexStand Software, and any copies of the FlexStand Software are owned by CIM INDUSTRIAL SYSTEMS A/S or its suppliers. The FlexStand Software shall be treated like any other copyrighted material in accordance with the Danish Copyright Act. Thus, the User is entitled to: a) produce such copies of the FlexStand Software and to make such alterations of the program which are necessary for the User to use the FlexStand Software in accordance with its intended purpose, including for error and corrections; b) make a back-up copy insofar as it is necessary for the use of the FlexStand Software; and c) install the FlexStand Software on only one single computer. Duplication or reproduction of the FlexStand Software for any purpose other than backup protection, including duplication for any commercial use, is a violation of the copyright of CIM INDUSTRIAL SYSTEMS A/S and its suppliers. Printed materials accompanying the FlexStand Software PRODUCT must not be copied or in any other way reproduced. All title and intellectual property rights in and to the content which may be accessed through use of the FlexStand Software is the property of the respective content owner and may be protected by applicable copyright or other intellectual property laws and treaties. This License Agreement does not grant the User any rights to use such content. All rights not specifically granted under this License Agreement are reserved by CIM INDUSTRIAL SYSTEMS A/S and its suppliers. 3. FlexStand Software Activation, updates and license management The FlexStand Software has built-in license management that helps you to avoid any unintentional violation of this Software License Agreement. The FlexStand Software may use your Internet connection for the purpose of transmitting license-related data at the time of installation, registration or update to an CIM INDUSTRIAL SYSTEMS A/S or its suppliers operated license Software and validating the authenticity of the license-related data in order to protect CIM INDUSTRIAL SYSTEMS A/S and its suppliers against unlicensed or illegal use of the FlexStand Software and to improve customer service. Activation is based on the exchange of license related data between your computer and the CIM INDUSTRIAL SYSTEMS A/S or its suppliers license Software. You agree that CIM INDUSTRIAL SYSTEMS A/S and its suppliers may use these measures and you agree to follow any applicable requirements. CIM INDUSTRIAL SYSTEMS A/S or its suppliers may provide a LiveUpdate notification service to you, which is free of charge. CIM INDUSTRIAL SYSTEMS A/S and its suppliers may use your Internet connection for the purpose of transmitting license-related data to an CIM INDUSTRIAL SYSTEMS A/S or by its suppliers operated LiveUpdate Software to validate your license at appropriate intervals and determine if there is any update available for you. The terms and conditions of the Privacy Policy are set out in full at http://www.flexstand.eu/privacy and are incorporated by reference into this Software License Agreement. By your acceptance of the terms of this Software License Agreement or use of the FlexStand Software, you authorize the collection, use and disclosure of information collected by CIM INDUSTRIAL SYSTEMS A/S or its suppliers for the purposes provided for in this Software License Agreement and/or the Privacy Policy as revised from time to time. Users understand and consent to the processing of personal information in a third country for the purposes described herein. CIM INDUSTRIAL SYSTEMS A/S has the right in its sole discretion to amend this provision of the Software License Agreement and/or Privacy Policy at any time. You are encouraged to review the terms of the Privacy Policy as posted on the FlexStand.eu web site from time to time. 4. Other rights and limitations: The User shall not allow others either directly or indirectly to copy or reproduce the FlexStand Software in any form and shall not use the FlexStand Software in connection with other products. The User shall not use the Software in any way that violates any local, state, federal or law of other nations. The User may only reverse-engineer, decompile, and disassemble the FlexStand Software in accordance with the Danish Copyright Act Section 37. The User may not rent, lease, or lend the FlexStand Software. The User may permanently transfer all of the Users rights under this License Agreement, provided a) the User retain no copies, b) the User transfers all of the FlexStand Software, including all component parts, the media and printed materials, any upgrades or backup copies, this License Agreement, and c) the recipient expressly agrees to the terms of this License Agreement. If the FlexStand Software is an upgrade, any transfer must include all prior versions of the FlexStand Software. Without prejudice to any other rights, CIM INDUSTRIAL SYSTEMS A/S and its suppliers may terminate this License Agreement if the User fails to comply with the terms and conditions of this License Agreement. In such event, the User must destroy all copies of the FlexStand Software and all of its component parts. CIM INDUSTRIAL SYSTEMS A/S and its suppliers is not obligated to provide technical or other support services for the FlexStand Software. If CIM INDUSTRIAL SYSTEMS A/S and its suppliers should provide the User with support services related to the FlexStand Software, use of such support services is governed by CIM INDUSTRIAL SYSTEMS A/S and its suppliers policies and programs in force from time to time and as described in the user manual, in "online" documentation, and/or in other CIM INDUSTRIAL SYSTEMS A/S and its suppliers provided materials. Any supplemental Software code provided to the User as part of such support services shall be considered part of the FlexStand Software and subject to the terms and conditions of this License Agreement. With respect to technical information, which the User may provide to CIM INDUSTRIAL SYSTEMS A/S and its suppliers as part of such support services, CIM INDUSTRIAL SYSTEMS A/S or its suppliers may use such information for its business purposes, including for product support and development. 5. Trademarks The User acknowledges and agrees that all existing and future trademarks and/or intel-lectual property rights which relate to the FlexStand Software are owned by CIM INDUSTRIAL SYSTEMS A/S or its suppliers irrespective of whether they have been or have not been registered or in any other way protected. Furthermore the User agrees that all trademarks and/or intellectual property rights will remain the property of CIM INDUSTRIAL SYSTEMS A/S or its suppliers on cancellation of this Agreement irrespective of the cause of the cancellation. 6. Disclaimer of warranty To the maximum extent permitted by applicable law, CIM INDUSTRIAL SYSTEMS A/S and its suppliers provide the FlexStand Software and any (if any) support services AS IS, and hereby disclaim all warranties and conditions, either express, implied or statutory, including, but not limited to, any (if any) implied warranties or conditions of merchantability, of fitness for a particular purpose, of accuracy or completeness of responses, of results, and of lack of gross negli-gence or lack of workmanlike effort, all with regard to the FlexStand Software, and the provision of or failure to provide support services. By using the Internet and/or the Software and/or the Service and/or the Content, the User may be exposed to eavesdropping, electronic trespassing, hacking and other harmful acts or consequences that might lead to unauthorized invasion of privacy, loss of data and other damages. THE ENTIRE RISK AS TO THE QUALITY OF OR ARISING OUT OF USE OR PER-FORMANCE OF THE SOFTWARE PRODUCT AND SUPPORT SERVICES, IF ANY, REMAINS WITH THE USER. The User expressly acknowledges and agrees that the use of the Software is solely at the User's risk. 7. Limitation of liability To the maximum extent permitted by applicable law, in no event shall CIM INDUSTRIAL SYSTEMS A/S or its suppliers be liable for any special, incidental, indirect or consequential damages whatso-ever, including but not limited to damages for loss of profits or confidential or other infor-mation, for business interruption, for personal injury, except from personal injury suffered as a consequence of product liability, for loss of privacy, for failure to meet any duty, for gross negligence, and for any other pecuniary or other loss whatsoever arising out of or in any way related to the use of or inability to use the FlexStand Software, the provision of or failure to provide support services or otherwise under or in connection with any provisions of this License Agreement, even in the event of tort, strict liability, breach of contract or breach of warranty of CIM INDUSTRIAL SYSTEMS A/S or any supplier, and even if CIM INDUSTRIAL SYSTEMS A/S or any supplier has been advised of the possibility of such damages. Notwithstanding any damages that the User might incur for any reason whatsoever, in-cluding, without limitation, all damages referred to above and all direct or general dam-ages, the entire liability of CIM INDUSTRIAL SYSTEMS A/S and any of its suppliers under any provision of this License Agreement and the User’s exclusive remedy for all of the foregoing shall be lim-ited to the greater of the amount actually paid by the user for the FlexStand Software. The foregoing limitations, exclusions and disclaimers shall apply to the maximum extent per-mitted by applicable law, even if any remedy fails its essential purpose. 8. Governing Law and Venue Any dispute arising out of or in connection with this License Agreement shall be settled by Danish courts in accordance with Danish law.