Licensing for Digital Files - Personal Use Only

LICENSE AGREEMENT

 The following is a legal agreement between You (the person or authorized representative of an entity) and

Factorem Ferox Design Studio (“Factorem Ferox”) which governs the use of Factorem Ferox's Digital Stickers. By purchasing this license to use Factorem Ferox's digital stickers, You accept the terms of this Agreement as a legally binding document without any other conditions or declarations and agree to the restrictions specified herein. If You do not agree with these terms, Factorem Ferox will not and does not license the Digital Stickers to You and You must not use the Digital Stickers.

 DEFINITIONS.

(a) “Digital Sticker” shall mean the digital file provided by Factorem Ferox to You as indicated on your purchase order, invoice, receipt, or the like.

(b) “Use” shall mean

(i) saving the digital file of the Digital Sticker to a computer, and

(ii) printing the Digital Sticker for personal use only.

 

  1. LICENSE GRANT. In consideration of payment for the Digital Sticker, Factorem Ferox hereby grants You a personal, non-exclusive, non-assignable, worldwide, and royalty-free license to use the Digital Sticker under the terms and conditions in this Agreement.

 

  1. USE RESTRICTIONS. You will not make any modifications or enhancements to the Digital Sticker including creating any new works using any part of the Digital Sticker. You cannot sell, resell, make copies, reproduce, distribute, replicate, or print on demand the Digital Sticker. You cannot take any commercial advantage or gain monetary compensation from the Digital Sticker. Factorem Ferox reserves any right not expressly granted to You.

 

  1. TITLE TO DIGITAL STICKER. You acknowledge and agree that the Digital Sticker is provided under license and not sold to You. Factorem Ferox retains all title and ownership of the Digital Sticker including all copyrights, trademarks, enhancements, and modifications to the Digital Sticker.

 

  1. LICENSE TERM AND TERMINATION. This License remains in force until You stop using the Digital Sticker or until Factorem Ferox terminates this License because of your failure to comply with any of the terms and conditions. Factorem Ferox shall have the right to immediately terminate this License if You fail to perform any obligation required under this agreement. Upon termination of this License, You shall return to Factorem Ferox or destroy the original and any copies of the Digital Sticker including partial copies and modifications. Factorem Ferox shall have a reasonable opportunity to conduct an inspection of your home or place of business to assure compliance with this provision.

 

  1. WARRANT DISCLAIMER. THE DIGITAL STICKER IS PROVIDED “AS IS” AND WITH ALL FAULTS AND DEFECTS WITHOUT WARRANTY OF ANY KIND.

 

  1. GENERAL PROVISIONS. The validity and interpretation of this Agreement shall be governed by and construed in accordance with Colorado law except as to trademark, copyright and other proprietary matters which may be preempted by United States laws and international treaties. In the event of any violation of this Agreement, Factorem Ferox reserves the right to pursue any state law remedies (including contractual remedies) or remedies under federal laws or both. The parties agree to exclusively submit any controversy or claim arising hereunder or in any way arising from their relationship or use of intellectual property to confidential binding arbitration in Larimer County, Colorado, to the extent permissible under law, before a reasonably priced single attorney having experience in enforcement of trademark, contracts, and intellectual property rights in a growing business and who will enforce the contract according to its terms. Such arbitration shall be conducted in accordance with applicable law and the Commercial Arbitration Rules (CAR’s) of the American Arbitration Association (AAA) with each applicable law modified for efficiency and: a) to avoid the involvement of the AAA, b) to provide for the minimal amount of discovery and other pre-hearing procedures consistent with a fair resolution of the dispute, and c) to endeavor for the dispute to be resolved within 180 days of the arbitrator’s appointment unless the arbitrator determines that justice requires otherwise. For further efficiency, selection of the arbitrator shall be made promptly by two attorneys, one of which may be selected by each party. Any appropriate award, including but not limited to injunctive relief if deemed appropriate, rendered by the arbitrator may be entered in any court having jurisdiction thereof. The prevailing party may be entitled to recover reasonable attorney fees and costs incurred in such arbitration. In the event any claim or controversy arises which is not subject to binding arbitration under this section, the parties agree to submit to exclusive jurisdiction and venue for the resolution of such dispute in the District Court of Larimer County, Colorado, or to the extent necessary in federal court in the District of Colorado. Nothing contained herein will be construed as creating any agency, partnership, joint venture, or other form of joint enterprise between the parties.

 

  1. FINAL AGREEMENT. You acknowledge and accept that these terms constitute the entire agreement between You and Factorem Ferox regarding its subject matter and to the extent inconsistent, supersedes any prior versions and past contracts. No modification by You to the terms or any additional authorization will be binding unless authorized by an officer of Factorem Ferox in writing. Any express waiver or failure to exercise any right under the terms will not create a continuing waiver or any expectation of non-enforcement. If any provision of the terms is held invalid by any competent court, governmental entity or arbitrator, such provision will be replaced with a new provision that accomplishes the original business purpose, and the other provisions of the terms will remain in full force and effect. The headings in the Agreement are for reference only and shall not affect the interpretation of this Agreement.

 

  1. Should you have any questions concerning this agreement you may contact Factorem Ferox at www.factoremferox.com or jennifer@factoremferox.com.

 

This Statement of Relationship and Product License Agreement was last revised April 22, 2024