THE OX TRADING PLATFORM

License Agreement

In consideration for your use of the software and any updates, customizations and/or enhancements, entitled Liquid ("Software") provided by Elysian Systems ("Licensor") you ("User") agree to the following terms and conditions. If you do not agree to these terms, you may not install the software.

1. LICENCE

Licensor hereby grants the User a non-exclusive, non-transferable licence to use the Software for use on any number of computers for the purpose for which it was intended.

2. LICENCE RESTRICTIONS

a. User acknowledges that the Software and its structure, organization, and source code constitute valuable trade secrets of Licensor. Accordingly, User agrees not to:

i copy, perform, distribute, modify, adapt, alter, translate, or create derivative works from the Software;
ii merge the Software with other software;
iii sub-licence, lease, rent, or loan the Software to any third party;
iv reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code for the Software; or
v otherwise use the Software except as expressly allowed in this Agreement.

b. Licensor retains exclusive ownership of all worldwide copyrights, trade marks, service marks, trade secrets, patent rights, moral rights, property rights and all other industrial rights in the Software and documentation, including any derivative works, modification, updates, or enhancements. All rights in and to the Software not expressly granted to User in this Agreement are reserved by Licensor. Nothing in this Agreement shall be deemed to grant, by implication or otherwise, a licence under any of Licensor's existing or future patents.

3. WARRANTY DISCLAIMER

THE SOFTWARE IS PROVIDED "AS IS" WITHOUT ANY WARRANTY WHATSOEVER, INCLUDING BUT NOT LIMITED TO ANY FUNCTIONALITY OR ITS BEING VIRUS FREE. USER RECOGNIZES THAT THE AS IS CLAUSE OF THIS AGREEMENT IS AN IMPORTANT PART OF THE BASIS OF THIS AGREEMENT, WITHOUT WHICH LICENSOR WOULD NOT HAVE AGREED TO ENTER THIS AGREEMENT. LICENSOR DISCLAIM ALL WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY, REGARDING THE SOFTWARE, INCLUDING ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NONINFRINGEMENT. NO REPRESENTATION OR OTHER AFFIRMATION OF FACT REGARDING THE SOFTWARE SHALL BE DEEMED A WARRANTY FOR ANY PURPOSE OR GIVE RISE TO ANY LIABILITY OF LICENSOR WHATSOEVER. USER ACKNOWLEDGES THAT HE OR SHE HAS RELIED ON NO WARRANTIES OR STATEMENTS OTHER THAN AS MAY BE SET FORTH HEREIN.

4. LIMITATION OF LIABILITY

LICENSOR SHALL NOT BE LIABLE TO USER FOR ANY INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL OR CONSEQUENTIAL DAMAGES, UNDER ANY CIRCUMSTANCES, INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, REVENUE OR SAVINGS, LOSS OF GOODWILL, OR THE LOSS OF USE OF ANY DATA, EVEN IF LICENSOR HAD BEEN ADVISED OF, KNEW, OR SHOULD HAVE KNOWN, OF THE POSSIBILITY THEREOF.

5. TERMINATION

This Agreement is effective unless terminated by Licensor at any time for any breach of this Agreement. User may terminate this Agreement at any time by destroying all copies of the Software in User's possession and deleting the Software from User's computer system and other storage media, or by returning all such copies to Licensor. This Agreement and User's right to use this Software automatically terminate if User breaches this Agreement.


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