End-User License Agreement (EULA)
Last Revised: March 2025
This End-User License Agreement (“Agreement”) is a legally binding contract between you (“User” or “you”) and BUDY AI, Inc. (“Company,” “we,” or “us”) governing your access to and use of the software, applications, services, or related materials provided by the Company (collectively, the “Software” or “Platform”).
By downloading, installing, accessing, or using the Software, you acknowledge and agree to be bound by the terms of this Agreement. If you do not agree, you must not download, install, access, or use the Software.
The Software also includes any Updates, as defined below, which may be provided to you by BUDY AI.
THIS Software IS NOT FOR SALE. The Software is licensed to you as the end user, it is not sold.
- License Grant
- Scope of License: Subject to your compliance with the terms of this Agreement, the Company grants you a limited, non-exclusive, non-transferable, revocable license to download, install, and use the Software solely for your personal or internal business use.
- Restrictions: You shall not: Reverse engineer, decompile, disassemble, or modify the Software. Distribute, sublicense, rent, lease, or otherwise make the Software available to third parties. Use the Software to create a competing product or service. Use the Software for any illegal purpose or in violation of any applicable laws or regulations.
- User Responsibilities.
- Account Requirements: To access certain features of the Software, you may be required to create an account and provide accurate and complete registration information.
- Security: You are responsible for maintaining the confidentiality of your account credentials and are liable for all activities under your account.
- Prohibited Conduct: You agree not to: Transmit harmful software or malicious code through the Platform. Violate any third-party rights, including intellectual property, privacy, or publicity rights. Harvest or collect information from other users without consent.
- Intellectual Property
- Ownership: All rights, title, and interest in the Software, including but not limited to copyrights, trademarks, patents, and trade secrets, are owned by the Company or its licensors.
- User Content: Any content you upload or submit to the Platform (“User Content”) remains your property, but you grant the Company a worldwide, royalty-free, non-exclusive license to use, display, and distribute such content for operational purposes.
- Confidentiality
- You agree to keep confidential all non-public information disclosed by the Company, including the Software’s features, functionalities, and underlying code, unless otherwise permitted under this Agreement.
- Service Fees
- Fees: Certain features or services may require payment. Fees will be disclosed before purchase, and by completing a transaction, you agree to pay all applicable fees.
- Refunds: Fees are generally non-refundable unless otherwise explicitly stated or required by applicable law.
- Updates and Modifications
- The Company reserves the right to update, modify, or discontinue the Software (or any part thereof) at its sole discretion, with or without notice to you. Continued use of the Software following such updates constitutes your acceptance of the changes.
- Disclaimer of Warranties
- THE SOFTWARE IS SUPPLIED ON AN “AS-IS” BASIS, WITHOUT ANY WARRANTY OF ANY KIND UNDER THIS EULA, OTHER THAN THE EXPRESS WARRANTIES SET FORTH UNDER SECTION 10 BELOW AND A LIMITED 90 DAYS WARRANTY THAT THE SOFTWARE WILL COMPLY WITH ITS SPECIFICATIONS AS PROVIDED UNDER THE DOCUMENTATION INCLUDED WITH THE SOFTWARE. ANY USE OF THE SOFTWARE OR THE USER INFORMATION IS AT YOUR OWN RISK. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, VETRIC AND/OR ITS LICENSORS DISCLAIM ALL OTHER WARRANTIES AND CONDITIONS, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO, IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE IN THE SOFTWARE OR IN THE USER INFORMATION.
- EXCEPT WITH RESPECT TO CONFIDENTIALITY, INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS, GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, IN NO EVENT SHALL EITHER PARTY, ITS AFFILIATES, AND/OR ITS LICENSORS BE LIABLE TO THE OTHER PARTY OR ANY THIRD PARTY FOR ANY SPECIAL, INCIDENTAL, INDIRECT, PUNITIVE, OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF BUSINESS PROFITS AND BUSINESS INTERRUPTION, OR ANY OTHER PECUNIARY LOSS) ARISING OUT OF USE OF THE SOFTWARE OR OTHERWISE FROM THIS AGREEMENT, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, OR FOR ANY CLAIM BY ANY OTHER PARTY. EXCEPT AS SPECIFIED ABOVE IN NO EVENT SHALL THE LIABILITY OF VETRIC EXCEED 2 TIMES THE LICENSING FEES PAID OR PAYABLE BY YOU FOR THE SOFTWARE.
- Limitation of Liability
- To the maximum extent permitted by law, the Company shall not be liable for indirect, incidental, special, or consequential damages arising from your use of the Software. In no event shall the Company’s total liability exceed $50.
- Indemnification
- You agree to indemnify and hold the Company harmless from any claims, damages, or liabilities arising out of your use of the Software, breach of this Agreement, or violation of any applicable laws or regulations.
- Termination
- The Company reserves the right to terminate this Agreement and your access to the Software at any time for any reason. Upon termination, you must cease all use of the Software and delete all copies in your possession.
- Governing Law and Dispute Resolution
- This Agreement is governed by the laws of the State of Israel. Any disputes arising under this Agreement shall be resolved exclusively in the courts of Tel-Aviv/Jaffa, Israel.
- General Provisions
- Entire Agreement: This Agreement constitutes the entire agreement between you and the Company concerning the Software.
- Severability: If any provision of this Agreement is deemed unenforceable, the remaining provisions shall remain in full force and effect.
- Waiver: Failure to enforce any provision of this Agreement shall not constitute a waiver of that provision.