End User Licence Agreement

End User Licence Agreement ("Licence Agreement")

1. Definitions

1.1 In this Licence Agreement the following words have the following meanings:
 Business Day: any day which is not a Saturday, Sunday or public holiday 
               in England;
 Commencement
         Date: the commencement date specified in the Contract or the date of
               download of the Software, whichever is the earlier;
     Contract: the contract between (1) DISPLAYDATA or a Reseller and 
               (2) Customer, for the sale of Products;
     Customer: the person (s), firm or company who purchases the Products from 
               DISPLAYDATA or a Reseller; 
  DISPLAYDATA: Displaydata Limited, a company registered in England and 
               Wales with company number 03929602 whose registered office 
               address is Malvern Hills Science Park, Geraldine Road, Malvern, 
               Worcestershire WR14 3SZ;
Documentation: documents provided for the Software in either printed text or 
               machine readable form including the technical documentation,
               program specification and operations manual;
     Hardware: DISPLAYDATA's hardware products as specified in the Sales Order 
               Confirmation;
 Intellectual
     Property: any patent, copyright, design right, registered design, 
               trade mark, service mark, domain name, know-how, utility model, 
               unregistered design and other industrial or intellectual property 
               rights (whether registered or unregistered) subsisting throughout 
               the world and all applications for the same, subsisting anywhere 
               in the world;
  Licence Fee: the fee payable by the Customer to DISPLAYDATA or the Reseller 
               for the right to access and use the Software;
 Licence Term: the term of the licence as specified in the Contract or the 
               Sales Order Confirmation;
  New Release: any new version of the Software which from time to time is 
               publicly marketed and offered for purchase by DISPLAYDATA in the
               course of its normal business, being a version which contains
               such significant differences from the previous versions as to be 
               designated by DISPLAYDATA as a major release;
     Premises: the Customer's premises as detailed in the Sales Order 
               Confirmation;
     Products: any DISPLAYDATA products comprising of the Hardware 
               and the Software (including any part or parts of them);
     Reseller: any third party that sells the Products;
  Sales Order
 Confirmation: the form issued by DISPLAYDATA and setting out details of the 
               Products to be supplied;
     Services: the Standard Support Service and the Updating Service as defined
               in the Contract;
     Software: DISPLAYDATA's software products as specified
               in the Sales Order Confirmation;
      Support
    Agreement: the agreement between (1) DISPLAYDATA or a Reseller 
               and (2) the Customer pursuant to which DISPLAYDATA or the 
               Reseller provides support services for the Software;
     Warranty
       Period: the warranty period set out in clause 5.1. 

The headings in this Licence Agreement shall not affect its interpretation.

2. Licence
2.1    In consideration of the purchase by the Customer of Products from 
       DISPLAYDATA or a Reseller, DISPLAYDATA grants the Customer a 
       non-exclusive, non-transferable, revocable licence to use the Software 
       in object code form and the Documentation for the duration of the Licence
       Term on the terms and conditions of this Licence Agreement ("Licence").
       If the Software Licence is accepted by a third party on behalf of
       the Customer (including acceptance by a Reseller or DISPLAYDATA),
       Customer represents that it has given authority to the third party
       to bind the Customer to the terms of this Licence. If at any time
       the Customer is not willing to be bound by the terms of this Licence,
       it should immediately terminate the download and/or installation process,
       immediately cease and refrain from accessing or using the Software
       and delete any copies it may have.

3. Term and Termination
3.1    The Licence shall commence on the Commencement Date and shall continue for 
       the Licence Term unless earlier terminated in accordance with clause 3.2.

3.2    DISPLAYDATA may immediately at any time terminate this Licence Agreement 
       by notice in writing to the Customer if:
3.2.1  the Customer commits a material breach of any provision of this Licence 
       Agreement and in the case of such a breach which is capable of remedy 
       fails to remedy such breach within 14 days after receiving notice of 
       the breach from DISPLAYDATA; and/or
3.2.2  the Customer is unable to pay its debts as they fall due, makes an 
       assignment for the benefit of creditors or is the subject of any 
       bankruptcy or the appointment of a receiver, administrator, or 
       liquidator by or against the Customer, or the Customer enters into a 
       corporate voluntary arrangement or suspends or ceases to carry on 
       business or Customer suffers or undergoes any procedure analogous to 
       any of the events described in this sub-clause 3.2.2 or any steps are 
       taken in respect of any of these events.

3.3    Upon termination of this Licence Agreement, the Customer shall immediately 
       cease to use the Software and the Documentation for any purpose.  

3.4    On the termination or expiry of the Licence Agreement for any reason 
       the Customer shall, at the request of DISPLAYDATA, promptly and at its 
       own expense return to DISPLAYDATA or destroy (at DISPLAYDATA's option) 
       all physical copies of the Documentation and Software, and shall 
       permanently erase all copies of the Documentation and Software stored on 
       any computer equipment under the Customer's control. 

4. Obligations of Customer
4.1    The Customer shall not:
4.1.1  use the Software or the Documentation other than in connection with 
       the operation of the Hardware and in the normal course of the Customer's 
       business;
4.1.2  sell, sub-licence, transfer or distribute the Software in whole or 
       part, or allow the Software to be used by any person who is not 
       involved in the operation of the Hardware for the purposes of the 
       Customer's business;
4.1.3  decompile, disassemble, reverse engineer or otherwise attempt to 
       discover any source code contained in the Software except to the extent 
       that (by virtue of section 296A of Copyright, Designs and Patents Act 
       1988) such actions cannot be prohibited because they are essential for 
       the purpose of achieving inter-operability of the Software with another 
       software program and provided that the information obtained by the 
       Customer during such activities is only used for the purpose of 
       achieving such inter-operability and the Customer must not disclose the 
       information to any third party to whom it is not necessary to disclose 
       or communicate it or use the information to create any software which 
       is substantially similar to the Software;
4.1.4  except with DISPLAYDATA's prior written consent, amend, develop, 
       translate, merge or modify the Software and/or Documentation in any way; 
4.1.5  make any copies of the Software, except that it may make up to two 
       copies of the Software for security or back-up purposes only; or
4.1.6  make any copies of, or disclose the contents of, the Documentation save 
       as reasonably necessary for its lawful use in accordance with the 
       terms of the Contract.

4.2    If DISPLAYDATA releases a New Release and the Customer decides not to 
       acquire and install such New Release, that decision shall not give rise 
       to any right to terminate this Agreement, nor shall it result in any 
       adverse effect on the Licence or the performance of DISPLAYDATA's 
       obligations under this Agreement. However, if DISPLAYDATA has released a 
       second New Release (the "Second New Release") since the New Release and 
       the Customer has not, within six months acquired and installed either
       the New Release or the Second New Release, the Customer acknowledges
       and agrees that:
4.2.1  DISPLAYDATA shall not be responsible for any damage, loss or costs 
       whatsoever suffered by Customer arising from the failure of the 
       Software or Hardware which would not have occurred had the Second New 
       Release been installed; and 
4.2.2  DISPLAYDATA and/ or the Reseller (as applicable) shall be entitled to 
       withdraw the provision of the Services.

4.3    The Customer acknowledges that it is licensed to use the Software and 
       Documentation only in accordance with the express terms of this Licence 
       Agreement.

4.4    The Customer undertakes to maintain records identifying the location where 
       the Software is installed and used and to promptly make such records 
       available to DISPLAYDATA on reasonable notice during normal business
       hours.

4.5    The Customer warrants that, the Software and Documentation and all copies 
       of the same will remain under its control and that it will take all 
       reasonable precautions to safeguard the Software and Documentation against 
       unauthorised use.

5. Limited Software Warranty
5.1    DISPLAYDATA warrants to the Customer that, for a period of 90 days from 
       the date on which the Software is delivered to the Customer, the Software 
       will perform substantially in accordance with the Documentation.

5.2    The Customer's sole remedy and DISPLAYDATA's obligations under this
       limited warranty shall be limited to, at DISPLAYDATA's sole option, repair
       or replacement of the defective Software, provided that the Customer makes
       available all the information that may be necessary to assist DISPLAYDATA 
       in resolving the defect or fault.

5.3    Any replacement shall not extend the original Warranty Period.  This 
       limited warranty shall not apply to Software which DISPLAYDATA reasonably 
       determines has been subject to misuse and/or to any defect or fault in the 
       Software which is a result of the Customer amending the Software or using 
       the Software in contravention of the terms of clause 4.1.

5.4    DISPLAYDATA does not warrant that the Customer's use of the Software will
       be uninterrupted or error-free.

5.5    The warranty set out in clause 5.1 is the only warranty which shall be 
       given by DISPLAYDATA in relation to the Software and all warranties, 
       conditions and other terms implied by statute, common law, course of 
       dealing or otherwise are, to the fullest extent permitted by law, excluded 
       from this Licence Agreement.

6. Limitation of Liability
6.1    The Customer acknowledges that the Software has not been developed to meet 
       the Customer's individual requirements and it is the Customer's 
       responsibility to ensure that the Software meets its requirements.

6.2    Subject to clause 6.4, DISPLAYDATA shall not be liable to the Customer in 
       contract, tort (including negligence), by way of indemnity or otherwise
       for any special, incidental, consequential, indirect, exemplary and/or
       punitive damages or liabilities; lost profit; lost revenue; loss of use;
       loss of goodwill; loss of reputation; loss of/or damage to data, costs of 
       recreating lost data; the cost of any substitute equipment, program, or 
       data;  in all cases regardless of whether the possibility of such damages 
       or liabilities have been communicated to DISPLAYDATA and regardless of 
       whether DISPLAYDATA has or gains knowledge of the existence of such
       damages or liabilities.

6.3    Subject to clause 6.4, the cumulative, aggregate liability of DISPLAYDATA 
       (including without limitation costs awarded under this Licence Agreement) 
       to the Customer for all claims, liabilities and damages arising out of or 
       in relation to this Licence Agreement, whether in contract, tort
	   (including negligence), by way of indemnity, or otherwise, shall not
       exceed the lowest of the aggregate Licence Fee paid by the Customer for
       the provision of the Licence and the Services at the affected
       Customer Store(s) in the 12 months immediately preceding the date of the
       event giving rise to the liability or USD10,000.  

6.4    Nothing in this Licence Agreement shall exclude or limit DISPLAYDATA's 
       liability for: 
6.4.1  fraud or fraudulent misrepresentation; 
6.4.2  personal injury or death caused by the negligence of its employees in 
       connection with the performance of their duties hereunder; or 
6.4.3  any other liability that cannot be excluded by law.

7. Confidentiality and Publicity
7.1    Each party agrees that it shall, during the Licence Term and afterwards, 
       keep confidential all, and shall not use for its own purposes nor without 
       the prior written consent of the other disclose to any third party 
       information of a confidential nature (including, without limitation, 
       business affairs, product information, know-how, designs, trade secrets or 
       Software or any other information of commercial value) which may become 
       known to such party from the other party and which relates to the other 
       party, unless such information is public knowledge or already known to 
       such party at the time of disclosure, or subsequently becomes public 
       knowledge other than by breach of this Licence Agreement, or subsequently 
       comes lawfully into the possession of such party from a third party.

7.2    The obligations of confidentiality shall not apply to information that is 
       required to be disclosed by law provided that (to the extent legally 
       permissible) the receiving party gives the other party as much advance 
       notice of disclosure as reasonably possible.

7.3    The provisions of clause 7 shall remain in full force and effect 
       notwithstanding any termination of this Licence Agreement for any reason.

8. Intellectual Property
8.1    Customer acknowledges that all Intellectual Property in the Software and 
       the Documentation belong to DISPLAYDATA, that rights in the Software and 
       Documentation are licensed (not sold) to Customer, and that Customer has 
       no rights in, or to, the Software or the Documentation other than the
       right to use them in accordance with the terms of this Licence Agreement.
       For the avoidance of doubt, nothing in the Licence Agreement shall be
       deemed to have given Customer a licence or any other right to use any
       other Intellectual Property of DISPLAYDATA.

9. Waiver
9.1    No forbearance or delay by either party in forcing its rights shall 
       prejudice or restrict the rights of that party and no waiver of any such 
       rights or any breach of this Licence Agreement shall be deemed to be a 
       waiver of any other right or any subsequent breach.

10. Severability
10.1   If any provision of this Licence Agreement is held to be invalid or 
       unenforceable for any reason, such invalidity will not affect the rest of 
       the Licence Agreement which will continue in full force and effect.

11. Amendments
11.1   Any amendment, waiver or variation of this Licence Agreement shall not be 
       binding on the parties unless set out in writing, expressed to amend this 
       Licence Agreement and signed by or on behalf of each of the parties.

12.Third Party Rights
12.1   No term of this Licence Agreement is intended to confer a benefit on, or 
       to be enforceable by, any person who is not a party to it.

13. Non-Assignment
13.1   Customer may not assign, sub-license or otherwise transfer any of its 
       rights or obligations under this Licence Agreement, and any attempt at 
       such assignment or transfer will be void without the prior written consent 
       of DISPLAYDATA. 

13.2   DISPLAYDATA may assign, transfer or subcontract any of its rights and 
       obligations under this License Agreement to a third party.

14. Notices
14.1   All notices or other communication required to be given under this Licence 
       Agreement must be in writing and delivered by hand or sent by pre-paid 
       first class post, airmail or recorded delivery to the address set out at 
       the beginning of this Licence Agreement or such other address as specified 
       by the relevant party by notice in writing to the other party.

14.2   Any notice or communication shall be deemed to have been received:
14.2.1 if sent by pre-paid first class post, airmail or recorded delivery, 
       at 9.00 am on the third Business Day after posting (in the case of 
       inland first class post) or seven Business Days after the date of 
       posting (in the case of airmail); or
14.2.2 if delivered by hand, on the day of delivery

15.    Entire Agreement
15.1   This Licence Agreement and any document expressly referred to in it sets 
       out the entire agreement and understanding between the Customer and 
       DISPLAYDATA in connection with the licence of the Software and 
       Documentation and shall supersede and replace all previous agreements 
       and arrangements in relation to the licence of the Software and 
       Documentation.  

16.    Law and Jurisdiction
16.1   This Licence Agreement shall be governed by and be construed in all 
       respects in accordance with English law and all disputes or claims 
       (including non-contractual disputes or claims) arising out of or relating 
       to this Licence Agreement shall be subject to the exclusive jurisdiction 
       of the English courts to which the parties irrevocably submit, except that 
       DISPLAYDATA shall be entitled to enforce its rights in a court of 
       any jurisdiction.