SOFTWARE LICENSE AGREEMENT

 

Scope: This Software Agreement covers the Real Estate Management System (REST) which runs under Windows 9x/NT/2000 referred to hereinafter as SOFTWARE.

License: SECOND PARTY agrees to grant and FIRST PARTY agrees to accept on the following terms and conditions, a nontransferable and nonexclusive license to use the SOFTWARE.

Permitted Uses: The software is copyrighted to SECOND PARTY. However, FIRST PARTY may use 01 licensed copy of the REST software on 1 computer system.

Limited Warranty: SECOND PARTY warrants that for a period of 12 months from date of installation, the materials on diskettes / CDs and the user manuals will be free from defects in materials and workmanship, and the SOFTWARE under normal use will perform as agreed without significant errors that will make it unusable. Moreover, SECOND PARTY will fix any bugs that may arise and deviations from running the SOFTWARE as agreed during normal operations. The warranty does not cover major changes to the SOFTWARE code, screen design or the addition of new reports, which can be done at extra cost. Customizing Tenancy Contract Form report and fixing company will be done free of cost.SECOND PARTY warrants that the SOFTWARE is Year 2000 Compliant, where it will accurately process, calculate, compare and sequence date data from, into and between the twentieth and twenty-first centuries, the years 1999, 2000 and 2001 specifically, and the leap year calculations, when used in accordance with the associated SOFTWARE documentation and provided that all hardware, Operating System and third party software used in combination with such SOFTWARE properly exchange accurate date data in appropriate Year 2000 correct format with the SOFTWARE.Free Upgrades will be provided to minor releases of the SOFTWARE during the warranty period or the Maintenance Agreement, which does not cover the addition of new modules or reports.

Support: SECOND PARTY will provide its full technical support for the SOFTWARE including telephone, fax, e-mail and on-site support, if needed, to FIRST PARTY for a period of 12 months from the date of final installation.

Acknowledgment: This Agreement supersedes all proposals, offers or prior agreement, oral or written, and any other communications between the parties relating to the subject matter of this agreement.

System Requirements: Intel Pentium II CPU 300 MHz or higher, 64 MB RAM, 4 GB Hard Disk Drive, 32X CD ROM or higher. Operating System: Ms Windows 95 or 98 with Arabic support.

Delivery: SECOND PARTY will deliver and install the final version of the SOFTWARE within 10 days of LPO. Implementation will be done in 14 days of signing the agreement.

Training: SECOND PARTY will conduct training in FIRST Party’s office for 06 hours for one of his staff on using the SOFTWARE within the 30 days of installation.

Liability: SECOND PARTY will not be liable for the misuse of the SOFTWARE, nor to data loss. SECOND PARTY will not be liable also for any damages including any lost profits, lost savings or other incidental or consequential damages arising out of the use or inability to use the SOFTWARE.

 

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