Software License Agreement

This End-User License Agreement ("EULA") is a legal agreement between you (either an individual or a single entity) and Lacspace Technologies Pvt. Ltd. ("Lacspace") for the iSmartClass software product identified above, which includes computer software and may include associated media, printed materials, and "online" or electronic documentation ("SOFTWARE PRODUCT").

By installing, copying, or otherwise using the SOFTWARE PRODUCT, you agree to be bound by the terms of this EULA. If you do not agree to the terms of this EULA, do not install or use the SOFTWARE PRODUCT.

1. Grant of License

The SOFTWARE PRODUCT is licensed, not sold. Lacspace grants you a non-exclusive, non-transferable, revocable, limited license to use the SOFTWARE PRODUCT solely for your internal business or personal purposes, strictly in accordance with the terms of this Agreement and your active subscription plan.

2. Ownership and Intellectual Property

All title, including but not limited to copyrights, in and to the SOFTWARE PRODUCT and any copies thereof are owned by Lacspace Technologies Pvt. Ltd. All rights not expressly granted are reserved by Lacspace.

The SOFTWARE PRODUCT is protected by copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. You must not remove or alter any copyright notices on any and all copies of the SOFTWARE PRODUCT.

3. Restrictions

You agree not to, and you will not permit others to:

• License, sell, rent, lease, assign, distribute, transmit, host, outsource, disclose or otherwise commercially exploit the SOFTWARE PRODUCT or make the platform available to any third party.
• Modify, make derivative works of, disassemble, decrypt, reverse compile or reverse engineer any part of the SOFTWARE PRODUCT.
• Remove, alter or obscure any proprietary notice (including any notice of copyright or trademark) of Lacspace or its affiliates, partners, suppliers or the licensors of the SOFTWARE PRODUCT.

4. Termination

Without prejudice to any other rights, Lacspace may terminate this EULA if you fail to comply with the terms and conditions of this EULA. In such event, you must destroy all copies of the SOFTWARE PRODUCT in your possession.

5. Disclaimer of Warranty

The SOFTWARE PRODUCT is provided "as is" and "as available" without any warranty of any kind. Lacspace Technologies expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the SOFTWARE PRODUCT, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement.

6. Governing Law

This EULA is governed by the laws of India. Any legal suit, action or proceeding arising out of or related to this EULA or the SOFTWARE PRODUCT shall be instituted exclusively in the federal or state courts located in Nagpur, India.