LICENSE AGREEMENT
This License Agreement (the "Agreement") is made and entered into as of the date of acceptance, by and between Chaos Advertising LLC ("Licensor") and [CUSTOMER] ("Licensee").
WHEREAS, Licensor is the owner of all right, title, and interest in and to the intellectual property known as "The Vault" (the "Product").
WHEREAS, Licensee desires to obtain a license to use the Product, subject to the terms and conditions of this Agreement.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:
- Grant of License. Licensor hereby grants Licensee a non-exclusive, non-transferable license to use the Product for Licensee's internal business purposes. Licensee shall not redistribute, sell, sublicense, or otherwise transfer any portion of the Product to any third party without the prior written consent of Licensor. Licensee may not be elligible for any refund after purchase of the material granted in the product in any way if they have not provided proof of purchase and proof of using the materials in an attempt to generate clients. This includes spending at least $500 on advertising with the offers provided on either Facebook, Instagram or Google. Any less than this does not signify a legitimate attempt to generate fitness clients. Failure to follow instructions or advice from coaching calls or the coaching program of Chaos Advertising LLC also excludes the Licensee from any sort of refund. This is done to protect our intellectual property, and prevent the exploitation of our refund policy. If they can provide both of these requirements, they will be offered a full refund within 30 days of purchase.
- Ownership. Licensor retains all right, title and interest in and to the Product, including all intellectual property rights. Licensee acknowledges that it is obtaining only a limited right to use the Product and that no ownership rights are being conveyed to Licensee under this Agreement.
- Term and Termination. This Agreement shall commence on the date of acceptance and shall continue in effect until terminated by either party upon written notice to the other party. Upon termination of this Agreement, Licensee shall immediately cease all use of the Product.
- Disclaimer of Warranties. LICENSOR MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO THE PRODUCT. LICENSOR SHALL NOT BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF THE USE OR INABILITY TO USE THE PRODUCT.
- Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of [STATE], without giving effect to its principles of conflicts of law.
- Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior or contemporaneous negotiations, discussions or agreements, whether written or oral, concerning the subject matter hereof.