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VUFORIA DEVELOPER AGREEMENT

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VUFORIA™ DEVELOPER AGREEMENT

Effective: June 5, 2019

THIS VUFORIA DEVELOPER AGREEMENT (THIS “AGREEMENT” OR THIS “Agreement”) IS A
LEGALLY BINDING AGREEMENT BETWEEN PTC INC. ("PTC") AND THE LEGAL ENTITY YOU
REPRESENT (“YOU” OR “You”).  IF YOU USE OR ARE SEEKING TO USE THE SOFTWARE OR
SERVICES DISCUSSED HEREIN IN CONNECTION WITH ANY WORK OR UNDERTAKING YOU ARE
DOING FOR A BUSINESS, COMPANY OR CORPORATE ENTITY (“COMPANY”), WHETHER AS AN
EMPLOYEE OR CONTRACTOR, THE TERMS “YOU” AND “YOU” INCLUDE, AND THE TERMS AND
CONDITIONS HEREOF ARE BINDING ON, BOTH YOU AS AN INDIVIDUAL AS WELL AS SUCH
COMPANY.  IN ADDITION, YOU REPRESENT AND WARRANT THAT YOU HAVE THE AUTHORITY
TO BIND SUCH COMPANY, AND THAT SUCH COMPANY HAS AUTHORIZED YOU TO ACCEPT THE
TERMS OF THIS AGREEMENT ON ITS BEHALF.

PTC IS WILLING TO PROVIDE YOU THE SERVICES (AS DEFINED BELOW) AND LICENSE TO YOU
THE SOFTWARE AND DOCUMENTATION (AS DEFINED BELOW) ONLY ON THE CONDITION THAT YOU
ACCEPT AND AGREE TO ALL OF THE TERMS AND CONDITIONS IN THIS AGREEMENT. YOU
ACKNOWLEDGE AND AGREE THAT YOU HAVE READ THIS AGREEMENT, UNDERSTAND IT AND AGREE
TO BE BOUND BY ITS TERMS AND CONDITIONS.  IF YOU DO NOT AGREE TO THESE TERMS AND
CONDITIONS, PTC IS UNWILLING TO AND DOES NOT AND WILL NOT LICENSE THE SOFTWARE
AND DOCUMENTATION OR PROVIDE THE SERVICES TO YOU.  IF YOU DO NOT AGREE TO THESE
TERMS AND CONDITIONS YOU MAY NOT COMMENCE ANY INSTALLATION PROCESS AND YOU SHALL
NOT USE THE SOFTWARE OR RETAIN ANY COPIES OF THE SOFTWARE OR DOCUMENTATION, EVEN
IF YOU HAVE IN ANY MANNER COME INTO POSSESSION THEREOF.  ANY USE OR POSSESSION
OF THE SOFTWARE, SERVICES, AND/OR DOCUMENTATION BY YOU IS SUBJECT TO THE TERMS
AND CONDITIONS SET FORTH IN THIS AGREEMENT, INCLUDING WITHOUT LIMITATION THE
FEES DUE FOR SUCH USE OR POSSESSION.  PTC MAY SUSPEND OR TERMINATE YOUR USE OF
THE SOFTWARE, DOCUMENTATION, SERVICES AND/OR STATISTICS IF YOU FAIL TO COMPLY
WITH ANY PART OF THIS AGREEMENT.

You may not use the Software, Documentation or Services and may not accept this
Agreement if You are a person barred from receiving the Software, Documentation
and/or Services under the laws of the United States or any other country
including the country in which You are resident or in which You use the
Software.

The Software is licensed to You on a per application basis. The type of license
required is determined by the type of application You are developing. You are
permitted to use the Software at no cost to develop Your application by
utilizing a free Development License. In order to deploy Your
application, You are required to obtain a License in accordance with the Vuforia
Pricing Schedule. For Enterprise Applications, Product Companion Applications
and other classes of requiring Professional (Pro) Use (see Section 2.5) you must
contact PTC for a License at https://developer.vuforia.com/contact-sales.

1.  DEFINITIONS. As used in this Agreement or the Vuforia Pricing Schedule (as
defined below), the following terms shall have the following meanings:

1.1.  “App Install” means the installation of a Developer Application on a
device. For the avoidance of doubt, if You install a Developer Application on
the same device twice it counts as two App Installs.

1.2.   “Authorized Contractor” means a contractor engaged by You who (a) has an
active and valid Vuforia Developer Account with PTC, (b) has a demonstrable need
to know or use the Software and Service in order to develop and test the
Developer Application, and (c) has a written and binding agreement with You to
protect the unauthorized use and disclosure of Confidential Information (as
defined in Section 6 below).

1.3.  “Camera View” or “camera view” means an image from a device’s camera
viewfinder screen that is automatically captured by the Developer Application
and provided to the Software or the Cloud Recognition Services.

1.4.  “Cloud-Based Reco” or “cloud-based reco” means a Recognition of a Cloud
Target.

1.5.  “Cloud Target” or “cloud target” means a Target that is stored in the
cloud using the Cloud Recognition Service as opposed to on the end-user device.

1.6.  “Cloud Recognition Services” means the cloud-based image recognition and
image management service as made available by PTC for use in connection with
Developer Applications.

1.7.  “Content” means Targets and other data (including, but not limited to,
text, graphics, images, photographs, video, sounds and other digital assets)
that You provide PTC through the VWS APIs and/or the Target Manager for use with
Developer Applications. Content does not include Object Targets..

1.8.  “Developer Application” means a software application that is developed by
You or on Your behalf hereunder using the Software and Services.  All current
versions and all future versions of such software application across all
operating systems (e.g. Android, iOS, Universal Windows Platform etc.) that have
the same name (or a minor variation of the name) and have substantially similar
functionality shall be considered to be a single Developer Application under
this Agreement.

1.9.  “Developer Portal” means the Vuforia online developer portal located
at https://developer.vuforia.com (or such other URL as PTC may designate from
time to time) that includes, without limitation, the Target Manager, the License
Manager, the Vuforia Forums, the Vuforia Support Center and access to the
Software, Documentation, and other related information.

1.10.  “Development Tool” has the meaning set forth in Section 2.5.2
(Development Tool) below.

1.11.  “Device-Based Reco” or “device-based reco” means the recognition of
Targets stored in a Target Database on the end-user’s device.

1.12.  “Documentation” means the documentation that PTC or its affiliates
provides or otherwise makes available to You in connection with the Software and
Services.

1.13.   “Enterprise Application” has the meaning set forth in Section 2.5.1
(Enterprise Application) below.

1.14.   “Independent Software Vendor Application” has the meaning set forth in
Section 2.5.3 (Independent Software Vendor Application).

1.15.   “License Key” means a unique key specific to a particular
Developer Application that enables the use of the Software in the Developer
Application.

1.16.   “License Manager” means the Vuforia License Manager web application
available through the Developer Portal where You may request and manage License
Keys. 

1.17.   “Object Target” means a digital representation created when scanning an
object with the Vuforia Object Scanner Application. 

1.18.   “Model Target” means a Target that is created from a 3D model. Model
Targets may only be used with the application for which it was purchased.

1.19.   “Preload Application” has the meaning set forth in Section 2.5.5
(Preload Application) below.

1.20.   “Permitted Use” has the meaning set forth in Section 2.7 (Permitted Use)
below.

1.21.   “Product Companion Application” has the meaning set forth in Section
2.5.4 (Product Companion) below.

1.22.   “Query” means a request to use the Cloud Recognition Services sent by
the Developer Application and contains a Camera View.

1.23.   “Recognition” or “recognition” or “reco” is a transaction event that is
registered by the Software when any Target is recognized successfully as
reported by PTC’s system.

1.24.   “Sample Application” means an application (i.e., apk file(s)) provided
hereunder in compiled binary form as a sample for the purposes of demonstrating
certain features enabled by the Software.

1.25.   “Sample Code” means sample code provided hereunder in source code (human
readable) form for the purposes of demonstrating certain features enabled by the
Software.

1.26.   “Sample Target Files” means sample Targets and other sample Content for
use with Sample Applications or in testing and development of Developer
Applications.

1.27.   “Services” means the Vuforia system and services made available to You
by PTC for use in connection with Developer Applications, which may include,
without limitation, the services available through the Developer Portal, the VWS
API, the Cloud Recognition Services, and other related features and
functionality of the Vuforia platform.

1.28.   “License” means one of the development or deployment pricing options
available to developers using the Software and Services, as further described
(i) at https://developer.vuforia.com/pricing, or such other URL as PTC may
designate from time to time or (ii)  in an order confirmation, written
agreement, or quote.

1.29.   “Software“ means the software described in the list in Section 3.1
(License to Software other than Sample Code), Object Targets, and additional
software, if any, that PTC provides pursuant to Section 3.7 (Additional
Software).

1.30.   “Software Update” means a major version update of the Software and
Services that PTC makes generally available. The major version is designated by
the integer to the left of the leftmost decimal in the version release number.
For example, Vuforia 7.0.1 is a Software Update to Vuforia 6.5.3, but Vuforia
7.1.5 is not a Software Update to Vuforia 7.0.2.

1.31.   “Target” or “target” means an Object Target, VuMark Template, other
image or set of images (including, without limitation, a set of markers) or
Model Targets that are recognizable by the Software.

1.32.   “Target Database” means a database of one or more Targets associated
with a particular Developer Application.

1.33.   “Target Manager” means the Vuforia Target Manager web application
available through the Developer Portal used to manage Your Targets and other
Content.

1.34.   “Unity” means the cross-platform gaming and video development platform
developed by Unity Technologies and found at https://unity3d.com and related
websites.

1.35.   “Vuforia Application” means an application provided to You hereunder, in
compiled binary form, which may include, without limitation, Sample
Applications, the Vuforia Object Scanner Application, and the Vuforia
Calibration Assistant Application.

1.36.   “Vuforia Calibration Assistant Application” means an application that
may be provided hereunder in compiled binary form for the purpose of end user
calibration of the Software for use with digital eyewear, if and when digital
eyewear functionality is made available through the Software.

1.37.   “Vuforia Engine” means the binary files encapsulated in the Software.

1.38.   “Vuforia Forums” means the online discussion forums available through
the Developer Portal where developers may post messages and questions about the
Services and Software.

1.39.   “Vuforia Pricing Schedule” means the pricing for the Services Plans set
forth (i) at https://developer.vuforia.com/pricing or such other URL as PTC may
designate from time to time or (ii) in a written agreement or quote.

1.40.   “Vuforia Object Scanner Application” means an application that may be
provided hereunder in compiled binary form that is used to scan objects to
create digital representations for upload into the Target Manager.

1.41.   “Vuforia Support Center” means the support center available through the
Developer Portal where developers may gain access to non-technical support
(e.g., support regarding billing and other account issues).

1.42.   “VWS API” means the Vuforia Web Services APIs for (i) cloud target
provisioning, (ii) cloud recognition, and (iii) VuMark Instance generation.

1.43.   “VuMark Instance” means the .svg, .png, or .pdf file that is created
with the VuMark Generation API or the Target Manager.

1.44.   “VuMark Designer” means the Vuforia scripts that are used by You to
create a VuMark Template.

1.45.   “VuMark Template” means the .svg file that is created by You using
the VuMark Designer. The VuMark Template defines the encoding scheme and visual
design used.

2.   LICENSE TYPES AND USES. Except as otherwise permitted herein, You are
required to procure a License for each Developer Application you create with the
Software and Services. The type of License required is determined by the type of
Your Developer Application.

2.1.  Development License. A Development License is required for any Developer
Application in the development process that makes use of the Target Manager. A
Development License may only be used for internal development purposes and not
to distribute a Developer Application to end users.

2.2.  Free License. A Free License may only be used to
develop an  Developer Application and not to distribute a Developer Application
to end users (whether internal or external).

2.3.  Basic License. A Basic License may be used for the deployment of a
Developer Application that does not utilize Cloud Services, does not fall into a
Professional Use License category as set forth in Section 2.5 below, and may
only be purchased if the Company’s annual revenue is under ten million dollars
($10,000,000). You must purchase a separate Basic License and use a unique
License Key for each Developer Application You deploy and/or distribute. A Basic
License includes Software Updates.

2.4.  Basic + Cloud License. A Basic + Cloud License may be used for the
deployment of a Developer Application that does not fall into a Professional Use
License category, and may only be purchased if the Company’s annual revenue is
under ten million dollars ($10,000,000).  

2.5.  Professional (Pro) Use. Deployment of Developer Applications require you
to contact PTC at https://developer.vuforia.com/contact-sales to purchase a
License.

2.5.1.  Enterprise Application.  An Enterprise Application is a Developer
Application that is (i) developed for Your own business purposes and distributed
for internal use by Your personnel or the personnel of one or more of Your
affiliates; or (ii) developed by You to be used by third-party personnel solely
with Your products in a business or industrial environment. Examples of
Enterprise Applications may include Developer Applications that are used (i) to
operate and service Your products and equipment, (ii) to market and sell Your
products (including at a tradeshow) or (iii) for internal training purposes.

2.5.2.  Development Tool. A Development Tool is a software application that is
used by You, Your employees, or Your end users to create a Developer Application
or prepare, author or publish content for use with a Developer Application.
Development Tools may include engines, software development kits, libraries,
authoring tools, and middleware.

2.5.3.  Independent Software Vendor Application. An Independent Software Vendor
Application is a Developer Application that is offered on a subscription basis.

2.5.4.  Product Companion Application. A Product Companion Application is a
Developer Application that is used with a physical product and (i) for which
functionality is included in the marketing for such physical product, or (ii) is
intended for regular or repeated use with the physical product. Examples of
Product Companion applications are Developer Applications that interact with
toys such as action figures, coloring books or trading cards.

2.5.5.  Preload Application. A Preload Application is a Developer Application
that is distributed with a new mobile device whether (i) preloaded on mobile
device prior to distribution and sale to an end-user or (ii) installed on a
mobile device as part of an over-the-air update.

 

2.6.  License Keys. You acknowledge and agree that each Developer Application
and Cloud Target Database must use a unique License Key. PTC may, in its sole
discretion decline to provide You License Keys or access to the Software, for
any reason or no reason.  PTC has the right to monitor Your Developer
Application(s) and use of the License Key(s) to ensure they are not employed
except for the Permitted Use. If employed for other than the Permitted Use, PTC
has the right to immediately revoke the License Key(s) and Your License to the
Software. You shall not sell, transfer or sublicense Your License Keys to any
person or entity.

2.7.  Permitted Use.  As more particularly described in the Documentation, the
Software and Services are intended for use as development tools to enable the
testing, development and distribution of visual recognition end-user software
applications in accordance with the applicable License associated with the
Developer Application (the “Permitted Use”).  Subject to and conditioned upon
compliance with the terms and conditions of this Agreement, including the
limitations, conditions, restrictions and obligations set forth below, PTC
hereby permits You to use and access the Software and/or Services during the
term of this Agreement solely for the Permitted Use. You are responsible for
compliance with any applicable laws governing access to and provision of the
Services in Your Developer Application(s). Notwithstanding the foregoing, PTC
reserves the right to modify the Services with or without notice.

2.8.   Developer Portal.  Any access to or use of the Developer Portal shall be
subject to this Agreement as well as the PTC website terms of use located
at https://developer.vuforia.com/legal/tos (or such other URL as PTC may
designate from time to time) (the “TOS”) and the privacy policy located
at https://developer.vuforia.com/legal/privacy (or such other URL as PTC may
designate from time to time) (the “Privacy Policy”). 

2.9.  Cloud Recognition Services. You acknowledge that each Developer
Application that integrates the Cloud Recognition Services must contain
application logic that, upon receipt of notification from the Software or the
Cloud Recognition Services indicating that the Software and/or the Cloud
Recognition Services have been upgraded, prompts the end user of the Developer
Application to install an updated release of the Developer Application that
integrates the latest version of the Vuforia Engine. Your permission to access
the Cloud Recognition Services is limited solely for the purpose of storage and
retrieval of Targets and other Content to enable cloud-based image recognition
functionality as integrated in Developer Application(s). Developer
Application(s) shall access the Cloud Recognition Services solely via the
Software and/or the VWS APIs. You shall upload Cloud Targets solely via the VWS
APIs and/or the Target Manager. You acknowledge that PTC or its affiliates may,
with or without prior notice to You, change, discontinue or deprecate any VWS
APIs for the Cloud Recognition Services from time to time and any such
modification may require You to change or update Developer Application(s).

2.10.  Account Credentials.  You are solely responsible for maintaining the
confidentiality of Your password protected access to the Services.  Except as
set forth below, You shall not distribute Your password or otherwise allow third
parties to access the password protected features of the Services using Your
password.  You may share your account credentials, including Your password, with
a contractor for the sole purpose of assisting You in developing and testing a
Developer Application on Your behalf provided that such contractor (a) has an
active and valid Vuforia developer account with PTC and an active agreement with
PTC similar to these terms governing the contractor’s access to and use of the
Software and Services, (b) has a need to access Your account to assist in
developing and testing the Developer Application, and (c) has a written and
binding agreement with You to protect the unauthorized use and disclosure of
Confidential Information (as defined in Section 6 (Confidentiality)).  You are
responsible for maintaining appropriate security, protection, and backup for
Your user account, Targets and other Content and License Keys and for all
activities that occur under or are otherwise associated with Your account. You
shall notify PTC immediately of any unauthorized use of any License Keys or any
other known or suspected breach of security of Your user account or License
Keys.

2.11.  Targets. You understand and agree that the Services and Software may
allow You to store Targets and other Content on servers located in the United
States and in other countries. You also understand and agree that the Services
and Software may allow You to retrieve database file(s) containing Targets and
other Content from such servers. You hereby acknowledge and accept that the
servers may be owned, managed or controlled by PTC, or one of its affiliates or
service providers, and You agree that PTC and its affiliates and service
providers may use, modify, reproduce and distribute the Targets and other
Content to provide the Services and to improve the Services, the Software and
other products, services and technologies of PTC and its affiliates without
attribution or compensation.

2.12.  Bug Reports.  You are encouraged to report to PTC all bugs You experience
or encounter with the Software or any component of the Services provided
hereunder, and You agree that PTC shall have the right to use and exploit
commercially, without attribution or compensation to You, all feedback (of any
nature) which PTC receives from You, in any form, to improve, enhance or modify
the Software, services or otherwise.

2.13.  No Support. During the term of this Agreement, You may contact PTC with
technical support inquiries via the Vuforia Forums or other business inquiries
via the Vuforia Support Center. You acknowledge and agree, however, that PTC is
under no obligation to provide any form of technical support for the Services,
Software and/or Documentation, and that if PTC, in its sole discretion, chooses
to provide any form of support or information relating to the Services, Software
and/or Documentation, such support and information shall be provided “AS IS” and
shall be deemed confidential and proprietary to PTC and protected in accordance
with Section 6 (Confidentiality) unless otherwise specified in writing. You are
responsible for providing customer service to end user of the Developer
Application(s). PTC will not provide any support to end users of the Developer
Application(s).

2.14.  Limitations on Use of Service.  You are responsible for configuring and
complying with all Services requirements and instructions to ensure normal
operation and use of the Services by or through the Developer Application(s)
and/or Your systems that interface with the Developer Application(s). You will
comply with terms and conditions for the Services as provided in writing from
time to time, if any. Except as otherwise expressly permitted herein, You agree
not to sublicense, transfer, assign, share, sell, resell, rent, lease, lend, or
otherwise provide access to Your developer account or any Services or the
Software provided therewith, in whole or in part, to anyone.  For the avoidance
of doubt, You agree not to create or attempt to create a tool for creating
computer vision applications or a substitute or similar service through use of
or access to the Services or Software.  You shall not reverse engineer or access
any part of the Services in order to (a) build or offer a competitive product or
service, (b) build or offer a product using similar ideas, features, or
functions of all or any part of the Services, or (c) copy any ideas, features,
or functions of the Services or Software.  You shall not attempt to gain
unauthorized access to the Services or its related systems or networks. You
shall not excessively use the overall network capacity or bandwidth of the
Services or otherwise burden the Services with unreasonable data loads
(including, without limitation, a Developer Application that incurs an excessive
number of unsuccessful Queries). You agree not to harm or interfere with PTC’s
networks or servers or any third party networks or servers connected to the
Services or otherwise disrupt other users’ use of the Services. You shall abide
by all applicable local, state, national, and foreign laws, treaties and
regulations in connection with Developer Application(s) and Your use of the
Services, including without limitation those related to privacy and data
collection, international communications, and the transmission, and storage of
technical or personal data. You understand there may be storage capacity,
transmission, and/or transactional limits for the Services both for You as a
developer and for Your end-users. If You reach or Your end-user reaches such
limits, then You or Your end-user may be unable to use the Services or may be
unable to access or retrieve data from such Services.  Such limits may be based
on Your License or may be based on device type, design of the Developer
Application, Target design or other factors.

2.15.  Right to Modify, Suspend or Terminate Service.  Notwithstanding any
remedies that may be available under any applicable law and without limiting
PTC’s right to terminate the Services or this Agreement under Section 12 (Term
and Termination), PTC may temporarily or permanently deny, limit, suspend, or
terminate Your access to and use of all or any portion of the Services or
Software without penalty, with or without notice, if PTC believes, in its sole
discretion, that: (a) You breached this Agreement, including without limitation
any failure to pay amounts when due; or(b) Your user account has been
compromised or has been inactive for more than 12 months; or (c) Your user
account information is or becomes inaccurate or incomplete; or (d) You have
performed any act or omission that violates any applicable law, rules, or
regulations; or (e) You have performed any act or omission which is harmful or
likely to be harmful to PTC, the Services, the Software, or any other third
party, including other users or suppliers of PTC; or (f) You made use of the
Services or Software to perform an illegal act, or for the purpose of enabling,
facilitating, assisting or inducing the performance of such an act; or(g) PTC
has insufficient rights to provide the Services or the Software, or the terms
under which the Services or Software may be made available impose upon PTC terms
or risks that are not reasonably acceptable to PTC or its affiliates.  If PTC
suspends the License for nonpayment or other breach by You, monthly or annual
fees and usage fees would still apply until You or PTC cancels the applicable
License. PTC reserves the right to modify its Documentation and policies
relating to the Services and Software at any time, effective upon posting of an
updated version of such policies on the Developer Portal. You are responsible
for regularly reviewing the Documentation and policies. Continued use of the
Services after any such changes will constitute Your consent to such changes.

3.  LICENSE GRANT.

3.1.  License to Software other than Sample Code.  Subject to and conditioned
upon compliance with the terms and conditions of this Agreement, including the
limitations, conditions, restrictions and obligations set forth below, PTC
hereby grants to You a personal, non-exclusive, non-sublicensable (except as
expressly provided in Section 3.6 (Limited Sublicense Rights)),
non-transferable, revocable, limited copyright license, during the term of this
Agreement solely for the Permitted Use, to (i) download, install and use the
Software (other than Sample Code) in machine-readable (i.e. object code) form,
and (ii) distribute in object code only the Vuforia Engine that are included in
the Software, solely as such binary files are integrated into and used by each
Developer Application in accordance with the Documentation and the terms of this
Agreement.  In addition to any additional software that PTC provides pursuant to
Section 3.7 (Additional Software), the Software licensed hereunder may include
the following:

                    Vuforia Software Development Kit

·      Vuforia Engine (redistributable as permitted above);

·      Sample Target Files;

·      Sample Applications;

·      Vuforia Object Scanner Application; and

·      Vuforia Calibration Assistant Application; and

·      VuMark Designer Scripts.

The contents of the Software may vary for platform specific versions. In
addition, the Vuforia Software Development Kit may include Sample Code, licensed
under Section 3.4.

3.2.  Documentation.  Subject to the terms and conditions of this Agreement,
including the limitations, conditions, restrictions and obligations set forth
below, You may reproduce and use a reasonable number of copies of the
Documentation on an internal basis only, and solely in support of Your Permitted
Use of the Software. Distribution of the Documentation is prohibited without the
express written permission of PTC.  

3.3.  Third Party Licenses. The Software may contain third party programs,
including but not limited to software licensed under open source terms.  The
license terms associated with those programs apply to Your use of them, and in
some instances such programs cannot be used or further distributed without a
license from the respective owner of such programs. You shall be solely
responsible to (i) obtain, if necessary, a separate and independent license from
such owner with respect to any such use and (ii) include all applicable license
terms and notices in the Developer Application for third party programs
contained in the Software that are distributed as part of the Developer
Application.  The delivery of the Software does not convey a license, nor imply
any rights, to use third party programs.  A separate and independent license for
such use may be required and You shall be solely responsible to verify whether
such license is needed in conjunction with Your use of such third
party programs.

3.4.  License to Sample Code.  PTC may, in its sole discretion, provide You
certain Sample Code.  In some cases, the Sample Code may be delivered to You
separately from the other Software, but whether provided separately or together
with the other Software, if (and only if) PTC provides such Sample Code to You,
then subject to and conditioned upon compliance with the terms and conditions of
this Agreement, including the limitations, conditions, restrictions and
obligations set forth below, PTC hereby grants to You a personal,
non-sublicensable, non-transferable, non-exclusive, revocable, limited copyright
license, during the term of this Agreement, solely for the Permitted Use, to
modify the Sample Code, compile into object code the Sample Code and Your
modifications thereto, and reproduce and distribute such compiled object code as
part of the Developer Application, in each case strictly in accordance with the
Documentation and the Permitted Use. You acknowledge and agree that Your license
to the Sample Code is conditioned upon You modifying the Sample Code such that
Your software application contains material additional features and
functionality.  Re-distribution of Sample Code without material improvement is
not permitted. You will inform any third parties that are to receive such
software applications that contain any Sample Code or Your modifications thereto
that the delivery of such software applications will not convey or otherwise
provide any rights under patents of PTC or any of its affiliates or Licensors.

3.5.  License to Vuforia Applications.  PTC may, in its sole discretion, provide
certain Vuforia Applications.  In some cases, a Vuforia Application may be
delivered to You separately from the other Software, but whether provided
separately or together with the other Software, if (and only if) PTC provides
such Vuforia Application to You, then subject to the terms and conditions of
this Agreement, including the limitations, conditions, restrictions and
obligations set forth below, PTC hereby grants to You a personal,
non-sublicensable, non-transferable, non-exclusive, revocable, limited copyright
license, during the term of this Agreement, to install such Vuforia Application
on a reasonable number of wireless devices, solely for the Permitted Use.  PTC
reserves the right to modify, suspend or stop providing any or all Vuforia
Applications with or without notice, and may terminate Your access to any or all
Vuforia Applications for any reason.

3.5.1.  Sample Applications.  The Sample Applications are provided “AS IS” and
for the sole purpose of demonstrating certain features enabled by the Software. 

3.5.2.  Vuforia Object Scanner Application.  The Vuforia Object Scanner
Application is provided for the sole purpose of creating Object Targets for use
in the Target Manager.  Pursuant to Section 3.9 (Retention of Rights) below, as
between You and PTC, PTC is the sole and exclusive owner of and retains all
right, title and interest in and to the Object Targets and all intellectual
property rights therein. The Vuforia Object Scanner Application may only be
used for the purpose of creating Object Targets to be used with the object
recognition feature of the Software.  Subject to the terms and conditions of
this Agreement, including the limitations, conditions, restrictions and
obligations set forth below, PTC hereby grants to You a personal,
non-sublicensable, non-transferable, non-exclusive, revocable, limited copyright
license, during the term of this Agreement, to use and reproduce the Object
Targets solely for the Permitted Use.  For the avoidance of doubt, the Object
Targets are considered part of the Software and subject to all of the
restrictions set forth in Section 4 (Restrictions) below.

3.5.3.  Vuforia Calibration Assistant Application.  The Vuforia Calibration
Assistant Application is provided for the sole purpose of calibrating the
Software with respect to digital eyewear functionality, if and when made
available. 

3.5.4.  Benchmarking.  You are not permitted to perform any benchmarking of the
Software, Services, Object Targets, the Vuforia Object Scanner Application, the
Vuforia Calibration Assistant Application or any other Vuforia Applications,
including but not limited to, monitoring service availability, performance or
functionality, or for any other competitive purposes.

3.6.  Limited Sublicense Rights. 

3.6.1.  End-Users. Subject to and conditioned upon compliance with the terms and
conditions of this Agreement, including the limitations, conditions,
restrictions and obligations set forth above and below, PTC hereby grants to You
a personal, non-sublicensable, non-transferable, non-exclusive, revocable,
limited copyright license, during the term of this Agreement to sublicense the
Vuforia Engine and/or Sample Code, solely as an integral part of Your Developer
Application and solely to licensed recipients of Your Developer Application,
subject to the following additional requirements: (a) Your Vuforia-enabled
Developer Application(s) must add significant functionality to the Vuforia
Engine andSample Code, as applicable, and You shall not distribute the Vuforia
Engine and/or Sample except as fully integrated into the Developer
Application(s), (b) Your sublicense must be no less protective of the Software
and the rights and interests of PTC and its affiliates than are the terms of
this Agreement, including but not limited to the restrictions set forth in
Sections 4.1, (c) You shall not make any representations, warranties, or
undertake (or attempt to undertake) any obligations on behalf of PTC or its
affiliates, (d) You shall ensure that PTC and its affiliates shall have no
liability to Your sublicensees, (e) You have purchased the applicable License
(d) You shall have the right to terminate any sublicense immediately without
notice, if PTC terminates Your right to use the Software and/or Services  

3.6.2.  Contractor Sublicense. Subject to and conditioned upon Your compliance
with the terms and conditions of this Agreement, including, without limitation,
the limitations, conditions, restrictions and obligations set forth herein, PTC
hereby grants to You a personal, non-exclusive, non-sublicenseable,
nontransferable, revocable, limited copyright license, during the Term to
sublicense the license rights set forth in Sections 3.1 (License to Software
other than Sample Code), 3.2 (Documentation), 3.4 (License to Sample Code), and
3.5 (License to Vuforia Applications) solely to Your Authorized Contractors for
the sole purpose of developing and/or distributing Developer Applications on
Your behalf, provided that (i) any sublicense rights granted to any such
Authorized Contractor by You pursuant to this Section 3.6.2 may be granted on a
single tier basis only, without further sublicense rights; (ii) You own the
Developer Application(s) developed (exclusive of the Software) or have obtained
all intellectual property rights licenses necessary to allow such Authorized
Contractor to perform such development and/or distribution, (iii) the Developer
Application(s) developed and/or distributed by such Authorized Contractors on
Your behalf comply with the terms and conditions of this Agreement; (iv) Your
Contractor has registered on the Developer Portal as a Vuforia developer and has
clicked-through to signify their acceptance of the terms of this Agreement; and
(v) You shall be responsible and liable for the acts and omissions of Your
Authorized Contractors, including without limitation, their compliance with this
Agreement, as if such acts or omissions were Your own acts or omissions.

3.7.   Additional Software.  PTC hereby reserves the right to provide or
otherwise make available, at its discretion, additional software to You from
time to time.  Any additional software or documentation that PTC provides to You
by express reference to this Agreement will be considered to be part of the
Software or Documentation, as the case may be, and subject to all terms and
conditions of this Agreement.  By accepting, possessing or using such additional
software or documentation, which shall include without limitation any related
plug-ins as we may directly or indirectly distribute as well as related web
applications used to generate image resources, You agree that the terms of this
Agreement will apply thereto. 

3.8.  Pre-commercial Software Releases.  If the Software provided to You under
this Agreement is designated by PTC as a pre-commercial release (indicated by
terms such as “early access,” “alpha,” “beta,” “trial,” “draft”, “evaluation” or
“labs”) then in lieu of the licenses granted to You above, but subject to any
other executed agreement that You may have for the Software which grants
additional or different rights or imposes additional or different restrictions,
You shall only have the right under this Agreement to download and install the
Software on a reasonable number of workstations for the internal and
non-commercial evaluation of the Software.  You acknowledge that the Software is
a prerelease or experimental version and is not at the level of performance and
compatibility of a final product. The Software may not operate correctly and may
be substantially modified prior to first commercial release, or may be withdrawn
completely.  You will not do any significant development or testing using the
Software, and any development You undertake is at Your sole risk, with the
understanding that the Software may never be issued for commercial use. You
shall not commercialize, distribute, publicly perform or publicly display any
applications developed by You using the Software or any component thereof. If
You desire other rights (such as the right to develop commercial products using
the Software) You must use a commercial release of the Software.  The use
license granted in this section expires when the Software is made available
under full commercial terms which You accept or upon notice to You by PTC,
whichever is earlier.

3.9.  Retention of Rights.  PTC and its affiliates and licensors hereby retain
all right, title, and interests in and to the Software, Services, and any other
software provided to You by PTC hereunder, including without limitation all
copyrights, patent rights, trademark rights and all other intellectual property
rights therein or related thereto.  Subject to ownership rights of PTC, its
affiliates and licensors in and to the Software and Services, You shall retain
the copyright rights in and to any modifications to the source code portions of
the Software that are made by You as permitted by this Agreement.  You hereby
retain all right, title, and interest in and to the Targets and Content.  If You
disclose or otherwise provide to PTC or its affiliates any modifications to the
Software, You hereby grant, and agree to grant to PTC, a non-exclusive,
perpetual, irrevocable, worldwide, transferable, royalty-free license (with
rights to sublicense) to make, use, sell, reproduce, modify, perform, display
and distribute such modifications to the Software, either alone or as part of
PTC’s or its affiliates’ products. This Agreement does not convey or otherwise
provide to You and PTC retains  title or any ownership rights or interests in or
to any intellectual property rights of PTC or any of its affiliates, including
but not limited to (1) those incorporated in the Software or any component of
the Software, or (2) any patents, patent applications, works of authorship,
trade secrets, know-how, ideas, or any other subject matter protectable under
intellectual property rights laws of any jurisdiction, of PTC or any of its
affiliates (including, but not limited to, PTC).  Any rights not expressly
granted to You herein are hereby reserved by PTC. In addition, You acknowledge
and agree, on behalf of Yourself and Your affiliates, that (a) this Agreement
does not modify or abrogate any obligations that You or any of Your affiliates
has under any license or other agreement with PTC, including without limitation
any obligation to pay any fees and/or royalties.

4.  RESTRICTIONS

4.1.  Software Use Restrictions.  Except as expressly provided in Section 3
(License Grant) above, You may make a single copy the Software only for backup
purposes, provided that You reproduce all copyright and other proprietary
notices that are on the original copy of the Software. You may not disable,
remove, hide, disfigure or otherwise modify any copyright notices, watermarks or
other proprietary notices generated by the Software.  You shall not, nor shall
You authorize or permit any third party to, incorporate, link, distribute or use
any third party software or code in conjunction with (i) the Software (ii) any
software, products, documentation, content or other materials developed using
the Software, nor (iii) any derivative works that You make using the source code
portions of the Software (if any), in such a way that: (a) creates, purports to
create or has the potential to create, obligations with respect to the Software
or other PTC software, including without limitation the distribution or
disclosure of any source code; or (b) grants, purports to grant, or has the
potential to grant to any third party any rights to or immunities under any
intellectual property rights or proprietary rights of PTC or its affiliates or
Licensors, including without limitation as such rights exist in or relate to the
Software.  Without limiting the generality of the foregoing, You shall not
incorporate, link, distribute or use (1) the Software or any other software
provided by PTC, (2) any software, products, documentation, content or other
materials developed using the Software, nor (3) any derivative works that You
make using the source code portions of the Software (if any), with any code or
software licensed under any version of the GNU General Public License
(“GPL”), Affero General Public License (“AGPL”), Lesser General Public License
(“LGPL”), European Union Public License (“EUPL”), Apple Public Source License
(“APSL”), Common Development and Distribution License (“CDDL”), IBM Public
License (“IPL”), Eclipse Public License (“EPL”), Mozilla Public License
(“MPL”), or any other open source license, in any manner that could cause or
could be interpreted or asserted to cause the Software, other PTC software (or
any modifications thereto), or the patents of PTC or those of its licensors to
become subject to the terms of the GPL, AGPL, LGPL, EUPL, APSL, CDDL, IPL, EPL,
MPL, or any other Open Source License. You, and each party receiving Software or
any copies thereof from You, shall not receive any rights to use such Software
or copies thereof in a manner that will cause any patents, copyrights or other
intellectual property rights which are owned or controlled by PTC or any of its
affiliates (or for which PTC or any of its affiliates has received license
rights) to become subject to any encumbrance or terms and conditions of any
third party or open source license (including, without limitation, any open
source license listed on http://www.opensource.org/licenses/alphabetical) (each
an “Open Source License”).  These restrictions, limitations, exclusions and
conditions shall apply even if PTC or any of its affiliates becomes aware of or
fails to act in a manner to address any violation or failure to comply
therewith.  Also, no act by PTC or any of its affiliates that is undertaken
under this Agreement as to any software or technology shall be construed as
being inconsistent with the intent not to cause any patents, copyrights or other
intellectual property rights which are owned or controlled by PTC or any of its
affiliates (or for which PTC or any of its affiliates has received license
rights) to become subject to any encumbrance or terms and conditions of any Open
Source License.

4.2.  Additional Restrictions.  You will not: (i) reverse engineer, disassemble,
decompile, or translate the Software, or otherwise attempt to derive the source
code version of the Software, except if and only to the extent expressly
permitted by applicable law; (ii) use the Software and/or Documentation or any
portion thereof to create or develop any developer tools (including without
limitation plug-ins and middleware) or any software other than end-user targeted
software applications; (iii) make more copies of the Software and/or
Documentation than specified in this Agreement or allowed by applicable law,
despite this limitation; (iv) except as expressly permitted hereby, rent, lease,
loan or otherwise in any manner provide or distribute the Software and/or
Documentation or any copy of thereof to any third party; (v) access or use for
any purpose any application protocol interface (API) such as the Vuforia APIs,
except as expressly described in the Documentation; or (vi) except as expressly
permitted under Section 3 (License Grant), reproduce, distribute, publicly
perform, publicly display or create derivative works of or based on the Software
and/or Documentation, or disclose, provide or otherwise transfer, in any manner,
to any third party the Software (except as expressly permitted for the Sample
Code), Documentation or any portion thereof.  You agree to not use any tools or
methods other than the Target Manager, the VWS API, and/or the Vuforia Object
Scanner Application for the purpose of generating Targets for image and 3D
object recognition and tracking for use with Developer Applications.  You agree
not to programmatically script elements of the Vuforia Developer Portal web user
interface. Any Developer Applications that You create or develop using the
Software shall not access any third party service for the purpose of image
recognition (other than the Vuforia image recognition Services made available by
PTC or its affiliates under this Agreement). 

4.3.  Distribution of Developer Applications.  You are strictly prohibited from
publishing or otherwise distributing any Developer Applications to any third
party unless (i) such publication or other distribution complies with the terms
of this Agreement; (ii) such publication or distribution complies with any third
party agreement terms applicable to the development and distribution of the
Developer Application (e.g., the iOS, Universal Windows Platform, and/or Android
platform and marketplace agreements); and (iii) You own or have secured all
intellectual property rights necessary to distribute the Developer Application.

4.4.  License to Targets & Target Restrictions. 

4.4.1.  You grant PTC and its affiliates and service providers a worldwide,
non-exclusive, royalty free, and transferable license to use, reproduce,
distribute, prepare derivative works of, display and perform the Targets and
other Content in connection with the Services and Software and as set forth in
Section 2.10 (Targets) and Section 10 (Consent to Collection and Use of Data).
You, not PTC, shall have sole responsibility for the accuracy, quality,
integrity, legality, reliability, appropriateness, and intellectual property
ownership and right to use of all Targets and other Content.  You represent and
warrant that You have obtained all necessary permission and licenses from all
holders of intellectual property rights, if any, in material or code appearing,
used or recorded in any Developer Application that You create or develop with
the Software and/or Documentation. Without limiting the foregoing, You represent
and warrant that You have all rights necessary to send the Targets and other
Content to the Services and use and authorize others to use the Targets and
other Content in connection with the Services and Developer Application, and
that all Targets and other Content will comply with all applicable laws and
regulations.  For the avoidance of doubt, as between You and PTC, PTC holds all
ownership rights in and to Object Targets and VuMark Templates.  With respect to
the Object Targets, PTC’s ownership is with respect to the files making up the
digital representation created through the Vuforia Object Scanner Application,
but use of the Vuforia Object Scanner Application does not transfer to PTC any
ownership rights in Content or Targets being scanned with the Vuforia Object
Scanner Application, including any images, logos or trademarks contained
therein.

4.4.2.  PTC shall not be responsible or liable for the availability, usability,
deletion, correction, destruction, damage, loss or failure to store any Targets
or other Content. You will not include in Developer Applications any Targets,
other Content or any materials of any kind that (a) are infringing, obscene,
threatening, defamatory, libelous, violative of third party privacy rights, or
otherwise unlawful or tortious, (b) contain software viruses, worms, Trojan
horses, or other harmful computer code, files, scripts, agents, or programs, (c)
interfere with or disrupt the integrity or performance of the Service or the
data contained therein or (d) contain any facial recognition functionality or
facial images.

4.4.3.  PTC reserves the right, upon reasonable cause, to withhold, remove,
and/or discard any Target or other Content without notice. For purposes of the
foregoing, “reasonable cause” includes, without limitation, (1) PTC’s
determination that the Target or other Content subjects PTC to any actual or
potential harm or other liability or (2) Your failure to comply with the terms
of the Agreement or pay any amounts owed PTC, if any. PTC assumes no obligation
to monitor the Targets and other Content to determine if there is reasonable
cause to remove any Targets or other Content.

4.5.  Violation Notice.  If You become aware of any violations of this Agreement
associated with You and/or any Developer Application, including without
limitation any violation of Sections 4.4.2(a) – (d) above, then You will: (i)
provide prompt written notice to PTC of such violation and (ii) immediately
terminate the access giving rise to the violation. 

5.  FEES AND PAYMENT. You agree to pay the applicable fees and amounts for use
of the Software and Services set forth in the Vuforia Pricing Schedule
(the “Fees”) in accordance with the terms of this Agreement, including, without
limitation, Exhibit 1 (Payment Terms). Fees and amounts for any new feature of
the Service will be effective when posted unless expressly stated otherwise.
Increased or new fees for the existing features of the Service will be effective
no less than thirty (30) days after such increased or new fees are posted in the
Vuforia Pricing Schedule. For the avoidance of doubt, if You don’t agree to the
new fees you may terminate this Agreement at any time as set forth in Section
12.2 (Termination without Cause).

6.  CONFIDENTIALITY. You hereby acknowledge and agree that the Services and any
information relating to the Services (including without limitation any
information regarding Service availability, performance, benchmarking,
confidential business terms or the like), the Software (excepting the Sample
Code in object/binary form), the Documentation, and related information and
communications from PTC which are designated as confidential or proprietary
(“Confidential Information”) are the confidential and proprietary information of
PTC.  Except as expressly permitted in this Agreement, You shall not disclose,
or permit the disclosure of, the Confidential Information in any form to any
third party without PTC’s prior written permission; provided that, You may
otherwise generally make mention of and discuss the Services and Software with
others.  Without limiting the generality of the foregoing, any data and
analytics provided by PTC to You are Confidential Information, and You are bound
by the terms of confidentiality set forth herein to not disclose, and to use
reasonable efforts to prevent the disclosure of, any such information to any
third party. All data and analytics are provided to You for its internal
forecasting and accounting purposes regarding Service usage only and may not be
used for any other purpose. You further acknowledge and agree that any
unauthorized use or disclosure of the Confidential Information may cause
irreparable harm and significant injury to PTC that would be difficult to
ascertain or quantify; accordingly, You agree that PTC shall have the right to
seek and obtain injunctive or other equitable relief to enforce the terms of
this Agreement and without limiting any other rights or remedies that PTC may
have. 

7.  DISCLAIMER OF WARRANTIES.  YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT THE USE
OF THE SERVICES, SOFTWARE, DOCUMENTATION, AND STATISTICS (IF ANY) IS AT YOUR
SOLE RISK. THE SERVICES, SOFTWARE, DOCUMENTATION, STATISTICS (IF ANY), AND
TECHNICAL SUPPORT (IF ANY) ARE PROVIDED "AS IS" AND WITHOUT ANY WARRANTIES OF
ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE. TO THE MAXIMUM
EXTENT PERMITTED UNDER APPLICABLE LAW, PTC AND ITS AFFILIATES, LICENSOR(S), AND
SERVICE PROVIDER(S) (FOR THE EASE OF REFERENCE IN SECTIONS 7 (DISCLAIMER OF
WARRANTIES), 8 (LIMITATION OF LIABILITY), AND 9 (INDEMNITY), PTC AND ITS
AFFILIATES, LICENSOR(S) AND SERVICE PROVIDER(S) SHALL BE COLLECTIVELY REFERRED
TO AS PTC) EXPRESSLY DISCLAIM ALL WARRANTIES, WHETHER EXPRESS, IMPLIED,
STATUTORY OR OTHERWISE, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT.  PTC
DOES NOT REPRESENT OR WARRANT THAT THE FUNCTIONS CONTAINED IN THE SERVICES OR
SOFTWARE WILL MEET YOUR REQUIREMENTS, OR THAT THE OPERATION OF THE SERVICES OR
SOFTWARE WILL BE SECURE, TIMELY, UNINTERRUPTED OR ERROR-FREE, OR THAT THE
SERVICES OR SOFTWARE WILL OPERATE IN COMBINATION WITH ANY OTHER HARDWARE,
SOFTWARE, SYSTEM, OR DATA; OR THAT THE SOFTWARE OR SERVICES WILL ALWAYS BE
AVAILABLE, OR THAT THE SERVICES, SOFTWARE OR THE SERVER(S) THAT MAKE THE
SOFTWARE AND SERVICES AVAILABLE WILL BE FREE OF VIRUSES OR OTHER HARMFUL
COMPONENTS; OR THAT DEFECTS IN THE SERVICES, SOFTWARE OR DOCUMENTATION WILL BE
CORRECTED.  FURTHERMORE, PTC DOES NOT WARRANT OR MAKE ANY REPRESENTATIONS
REGARDING THE USE, OR THE RESULTS OF THE USE, OF THE SERVICES, SOFTWARE,
DOCUMENTATION, OR STATISTICS (IF ANY) IN TERMS OF ITS CORRECTNESS, ACCURACY,
RELIABILITY, OR OTHERWISE. NO ORAL OR WRITTEN INFORMATION OR ADVICE GIVEN BY PTC
OR ITS AUTHORIZED REPRESENTATIVES SHALL CREATE ANY REPRESENTATION OR WARRANTY OR
IN ANY WAY INCREASE THE SCOPE OF ANY EXPRESS WARRANTY. SOME JURISDICTIONS DO NOT
ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY
NOT APPLY OR MAY BE LIMITED. 

8.  LIMITATION OF LIABILITY. TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE
LAW, UNDER NO CIRCUMSTANCES, , SHALL PTC, ITS AFFILIATES OR ANY OF THEIR
RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES OR AGENTS BE LIABLE FOR ANY INDIRECT,
INCIDENTAL, SPECIAL, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES (INCLUDING BUT
NOT LIMITED TO ANY DAMAGES FOR LOSS OF BUSINESS PROFITS, BUSINESS INTERRUPTION,
LOSS OF BUSINESS INFORMATION AND THE LIKE) ARISING OUT OF OR IN CONNECTION WITH
THIS AGREEMENT OR ANY DOWNLOAD, INSTALLATION OR USE OF, OR INABILITY TO USE, THE
SERVICES, SOFTWARE AND/OR DOCUMENTATION, EVEN IF PTC HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OR
EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES SO THE ABOVE
LIMITATION OR EXCLUSION MAY NOT APPLY OR MAY BE LIMITED.    IN NO EVENT SHALL
PTC’S TOTAL AGGREGATE LIABILITY FOR ANY AND ALL DAMAGES, LOSSES, CLAIMS AND
CAUSES OF ACTIONS (WHETHER IN CONTRACT, TORT, INCLUDING NEGLIGENCE OR OTHERWISE)
EXCEED ONE HUNDRED DOLLARS ($100) OR THE EQUIVALENT THEREOF IN ANY OTHER
CURRENCY. THE LIMITATIONS SET FORTH IN THIS SECTION 8 (LIMITATION OF LIABILITY)
SHALL APPLY NOTWITHSTANDING THE FAILURE OF THE ESSENTIAL PURPOSE OF ANY LIMITED
REMEDIES SET FORTH IN THIS AGREEMENT.  IF APPLICABLE LAW PRECLUDES PTC FROM
DISCLAIMING A PARTICULAR KIND OF DAMAGE OR TO CAP THE LIABILITY FOR CERTAIN
TYPES OF ACTIONS OR CLAIMS, THEN THE ABOVE PROVISIONS WILL BE DEEMED AMENDED TO
CONFORM WITH APPLICABLE LAW, AND THE BALANCE OF THIS SECTION 8 (LIMITATION OF
LIABILITY) SHALL REMAIN IN FULL FORCE AND EFFECT.  THE PARTIES HAVE FULLY
CONSIDERED AND FIND REASONABLE THE FOREGOING ALLOCATION OF RISK, AND THE
FOREGOING LIMITATIONS IN THIS SECTION 8 (LIMITATION OF LIABILITY) ARE AN
ESSENTIAL BASIS OF THE BARGAIN BETWEEN THE PARTIES.

9.  INDEMNITY.  If an application is written by You using any component of the
Software and such application is used, distributed, or otherwise deployed,
then You agree to indemnify and hold PTC, its affiliates and each of their
respective officers, directors, employees and successors and assigns (each,
a “PTC Indemnitee”) harmless from and against any and all claims, demands,
causes of action, losses, liabilities, damages, costs and expenses, incurred or
otherwise suffered by each PTC Indemnitee (including but not limited to costs of
defense, investigation and reasonable attorney’s fees) arising out of, resulting
from or related to (i) any use, reproduction or distribution of the Software, as
modified or integrated by You, or any Targets or other Content, which causes an
infringement of any patent, copyright, trademark, trade secret, or other
intellectual property, publicity or privacy right of any third parties arising
in any jurisdiction anywhere in the world, except and solely to the extent such
infringement is caused by the unmodified Software, or portions thereof, as
supplied to You by PTC under this Agreement, (ii) the download, distribution,
installation, storage, execution, use or transfer of such software, products,
documentation, content, materials or derivative works by any person or entity,
(iii) Your use of the Services, and/or (iv) any breach of this Agreement by
You.  If and as requested by PTC, You agree to defend each PTC Indemnitee in
connection with any third party claims, demands, or causes of action resulting
from, arising out of or in connection with any of the foregoing.

10.  CONSENT TO COLLECTION AND USE OF DATA. You understand and agree that the
Software sends to PTC and/or its affiliates and service providers certain
technical and related information, including but not limited to the information
listed
at https://developer.vuforia.com/legal/statistics (collectively “Statistics”). PTC will
use commercially reasonable efforts to update this list with any material
changes with each new commercial release of the Software, if applicable.  It is
your responsibility to review this list with each new release.  In the event
that PTC makes any Software available that contains material variances from what
is set forth in this Section 10 and/or
at https://developer.vuforia.com/legal/statistics with respect to the
collection, use, or management of “personal data” and/or “personally
identifiable information” (as those terms are defined under applicable law), You
will be required to consent to such variances before downloading the applicable
Software.  If You do not consent to such variances, do not download the
Software. You further understand and agree that PTC and/or its affiliates and
service providers may collect and use Statistics: (a) to provide the Software
and Services, (b) to improve and optimize the Software and Services for
different hardware and software requirements on various consumer devices
(commonly referred to as device fragmentation), (c) to facilitate the provision
of new products, updates, enhancements, technologies, and other services, (d) to
improve the Software, the Services, and other products, services and
technologies of PTC or its affiliates, and for any business purpose if
de-identified and/or anonymized. 

11.  MANDATORY END-USER LICENSE AGREEMENT CLAUSE. You are responsible for all
use of the Service and Software by end users of the Developer
Applications.  Each end user of a Vuforia-enabled software application must
agree to the end user terms set forth in this Section 11. If You are licensing
the Developer Application(s) directly to end users, then You must include the
following terms in Your end user license agreement for each of Your
Vuforia-enabled applications. If You are developing the Developer Application(s)
for a third party where such third party will, directly or indirectly, license
the application(s) to end users, then You must require such third party to
include the following terms in the applicable end user license agreement. In all
cases, each such end user license agreement must contain legally enforceable
provisions whereby:

11.1.  each end user consents to the collection, storage, and use by PTC and its
affiliates and service providers of Statistics and, if applicable, Camera Views
from the Software and the transfer of Statistics (and Camera Views if
applicable) between PTC and its affiliates and service providers (which may be
in the United States or in other countries), in each case for the purposes of
(a) providing the Software and Services, (b) facilitating the provision of new
products, updates, enhancements and other services, (c) improving the Software,
the Services, and other products, services and technologies, and (c) providing
new products, services or technologies customers of PTC or its affiliates; and

11.2.  each end user is advised of the hazards of using a camera
based application while driving, walking, or otherwise by being distracted or
disoriented from real world situations; and

11.3.  if the Developer Application uses any portion of the Cloud Recognition
Services, each end user agrees not to use the Developer Application to capture
Camera Views that comprise, constitute or depict profanity, nudity, pornographic
images or explicit sexual themes, or defamatory or libelous statements, material
that infringes the intellectual property of any person or entity, material that
infringes upon the privacy or data protection rights of any person, or material
considered illegal or objectionable.  In addition, the end user must agree not
to provide or submit facial images, except if and to the extent that they have
obtained the legally-binding consent of the subject in advance, provided that
such consent must be documented by the Developer Application and must be
sufficient to permit PTC and its affiliates and service providers to collect,
store, use and transfer such images as described in this Agreement.

11.4.  End users are subject to the provisions of Section 4.1 and 4.2 of this
Agreement.

 

12.  TERM AND TERMINATION. 

12.1.  Term. The term of this Agreement shall commence on the date You accept
this Agreement and shall remain in effect until terminated as provided herein.

12.2.  Termination without Cause. You may terminate the Agreement at any time by
deleting and destroying all copies of the Software and all related information
in Your possession or control, provided that You also inform PTC in writing at
that time of such termination. You may cancel a License at any time as set forth
in Section II (Cancellation) in Exhibit 1 (Payment Terms). Additionally, PTC may
at any time terminate this Agreement or any License, either with or without
cause, upon thirty (30) days prior written notice to You.

12.3.  Termination for Cause. PTC shall have the right to immediately terminate
this Agreement or any License upon notice in the event that You fail to comply
with any provision hereof.  Immediately upon notice to You, PTC shall have the
right to terminate this Agreement and all rights and licenses granted by PTC
hereunder if You or Your affiliates assert any claims or rights by commencing or
causing to be commenced any action or proceeding that alleges infringement by
PTC or its affiliates of Your (or Your affiliates) intellectual property rights
based on the Vuforia products and services.

12.4.  Effects of Termination. Upon termination of the Agreement, (i) the
Services will no longer be available to You or any end users of the Developer
Application(s), (ii) You must delete or destroy all copies of the Software and
Documentation that are in Your possession or otherwise under Your control, and
(iii) the license and other rights granted to You in this Agreement shall
terminate. You acknowledge and agree that PTC has no obligation to retain any
Targets or any other Content following termination of a License or this
Agreement, as applicable, and that PTC may delete the Targets and other Content
immediately upon termination of the applicable Service or the Agreement. 

12.5.  Survival. Sections 3.9 (Retention of Rights), 6 (Confidentiality), 7
(Disclaimer of Warranties), 8 (Limitation of Liability), 9 (Indemnification), 12
(Term and Termination), 13 (Export Compliance Assurance), 14 (Compliance with
Anti-Corruption Laws), and 16 (General) shall survive any termination of this
Agreement, and You shall, within a reasonable time after such termination, pay
any amounts that became due PTC prior to such termination.

13.  Export Compliance Assurances.  You acknowledge that all Software and
Documentation obtained from PTC are subject to the US government export control
and economic sanctions laws.  You agree not to directly or indirectly export,
re-export, transfer or release any Software or Documentation or direct product
thereof to any destination, person, entity or end use prohibited or restricted
under US law without prior US government authorization to the extent required by
regulation. The US government maintains embargoes and sanctions against the
countries listed in Country Groups E:1/2 of the EAR (Supplement 1 to part 740),
currently Cuba, Iran, North Korea, Sudan and Syria but any amendments to these
lists shall apply. You agree not to directly or indirectly employ any Software
or Documentation received from PTC in missile technology, sensitive nuclear or
chemical biological weapons activities, or in any manner knowingly transfer any
Software or Documentation to any party for any such end use. You represent and
warrant that You are not listed on any U.S. Government list of prohibited or
restricted parties including the US Treasury Department’s list of Specially
Designated Nationals. You acknowledge that other countries may have trade laws
pertaining to import, use, export or distribution of Software and Documentation,
and that compliance with same is Your responsibility.

14.  Compliance with Anti-Corruption Laws.  You represent and warrant to PTC
that, in connection with the transactions contemplated by this Agreement or in
connection with any other business transactions involving PTC, You, and everyone
acting on its behalf, will comply with and will not violate any anti-corruption
law or international anti-corruption standards, including but not limited to the
U.S. Foreign Corrupt Practices Act.  You represent and warrant to PTC that You
have not, and covenant and agree that you will not, in connection with the
transactions contemplated by this Agreement or in connection with any other
business transactions involving PTC, make, promise, or offer to make any payment
or transfer anything of value, directly or indirectly, to any individual to
secure an improper advantage.  It is the intent of the parties that no payments
or transfer of value shall be made which have the purpose or effect of public or
commercial bribery, acceptance of or acquiescence in extortion, kickbacks, or
other unlawful or improper means of obtaining or retaining business.

15.  PUBLICITY

15.1.  Use of PTC Name and Logos.  Software made available under certain
Licenses include a watermark Vuforia logo that is required to be displayed in
the user interface of the Developer Application pages that interact with or
otherwise include the Software even when deployed.  The display of the watermark
in the Developer Application is subject to the branding guidelines available
at https://library.vuforia.com/articles/solution/branding-guidelines, and any
additional license terms or conditions provided to You by PTC or its affiliates.
Additionally, You may include the Vuforia mark and product description in a
press release for the Developer Application provided such use has received prior
written approval by PTC; and You must provide a copy of Your press release to
PTC in an email sent to press-releases@ptc.com at least seventy two (72) hours
in advance of issuing the press release. PTC reserves the right to reject any
such press release and require You to remove all Vuforia marks and product
descriptions from any such press release prior to issuance. Except as explicitly
permitted in this Section, You shall not display or make any use of PTC’s or its
affiliates’ names, marks or logos in connection with the Developer Application
without the prior written approval of PTC. Any use of the Vuforia logos or marks
that does not fully comply with the logo usage guidelines and this Agreement is
prohibited.

15.2.  Use of Graphical Assets. PTC may, at its sole discretion, provide
additional promotional and/or marketing opportunities with respect the Developer
Application. You agree that PTC and its affiliates may include Your name (or
Company’s name) and the graphical assets, screenshots, logos, brand assets,
trademarks and other digital assets and information about You or the publisher
that You use with or in the Developer Application or otherwise associate with
the Developer Application (the “Graphical Assets”): (a) on the website of PTC or
any of its affiliates or on other Vuforia-related website(s) (whether hosted by
PTC, its affiliates or a third party), (b) in PTC’s list of Service-enabled
applications, (c) in the Vuforia App Gallery, and (d) in other marketing and
promotional material.

15.3.  Demonstration of Developer Applications by PTC. If a Developer
Application is made available for download or distribution, then from and as of
such date as You submit such Developer Application for, or otherwise permit or
enable, such download or distribution, You hereby grant PTC and its affiliates a
world-wide, assignable, non-exclusive, fully paid-up and royalty-free, perpetual
right and license to use, reproduce, distribute, publicly display and publicly
perform, in each case for promotional and/or demonstration purposes, each such
application and accompanying documentation and Graphical Assets.  Any such use
by PTC or its affiliates under the above terms shall be subject to payment of
any applicable standard download, subscription or use fees otherwise generally
applicable to the Developer Application when accessed by the general public, but
otherwise any agreement, terms or conditions for such Developer Application
shall be superseded by this section, and shall be inapplicable to the
promotional and/or demonstration of the Developer Application(s) as described
above.  You may terminate the license You grant in this Section 15.3 on not less
than thirty (30) days’ prior written notice to PTC, provided that such notice
references this Agreement, clearly identifies the affected Developer
Application(s), and states that You wish to terminate the license granted under
this Section 15.3 with respect to such Developer Applications.

16.  GENERAL

16.1.  Government End Users.  If You are acting on behalf of an agency or
instrumentality of the U.S. government, the Software and Documentation, as
applicable, are "commercial computer software" and "commercial computer software
documentation" developed exclusively at private expense by PTC.  Pursuant to FAR
12.212 or DFARS 227.7202 and their successors, as applicable, use, reproduction
and disclosure of the Software is governed by the terms of this Agreement.

16.2.  Governing Law; Venue.  This Agreement is governed and interpreted in
accordance with the laws of the Commonwealth of Massachusetts, United States of
America, without giving effect to its conflict of laws provisions that would
result in the application of the laws of a different state or country.  The
United Nations Convention on Contracts for the International Sale of Goods is
expressly disclaimed and shall not apply. Except as set forth in Section 16.3
(Dispute Resolution), any claim, lawsuit or proceeding arising out of or related
to this Agreement must be brought exclusively in the courts of the Commonwealth
of Massachusetts and You hereby consent to the exclusive jurisdiction and venue
of such courts, provided that either party may seek injunctive or other
equitable relief in any court with jurisdiction.  If any provision (or portion
of a provision) of this Agreement shall be held to be illegal, invalid, or
unenforceable, the legality, enforceability or validity of the remaining
provisions (or portion of the applicable provision) of this Agreement shall not
be affected.

16.3.  Dispute Resolutions. If You are an individual or entity whose official
place of residency or formation is outside of the United States, all disputes,
controversies, or claims arising out of, relating to or in connection with this
Agreement including the determination of the scope of the Agreement to
arbitrate, shall be finally settled by arbitration in accordance with the
Arbitration Rules of the United Nations Commission on International Trade Law
(“UNCITRAL”), applicable at the time of submission of the dispute to
arbitration, and the following shall apply:

16.3.1.  The American Arbitration Association, ("AAA") shall be the Appointing
Authority and shall appoint a single arbitrator.  The arbitration case shall be
administered by the AAA in accordance with its "Procedures for Cases Under the
UNCITRAL Arbitration Rules" ("Rules").  The place of arbitration shall be San
Diego, California, and the exclusive language to be used for the arbitral
proceedings shall be English.

16.3.2.  Nothing herein will prevent PTC, prior to appointment of the
arbitrator, from making application to any court of competent jurisdiction, for
any provisional remedy available at law or in equity.  Such application for
relief shall not constitute a waiver of this Agreement to arbitrate.  Upon
appointment, the arbitrator shall have exclusive authority to order provisional
or interim relief, except that any relief ordered by the arbitrator may be
immediately and specifically enforced by a court otherwise having
jurisdiction.  You waive objection to venue and consent to the personal
jurisdiction of the federal courts of San Diego, California, U.S.A. in any
action to enforce this Agreement to arbitrate or any order or award of the
arbitrator, or for the provisional or interim remedies provided for herein.

16.3.3.  Discovery shall be limited to written requests for the production
of specific documents.  The period for requesting documents shall be sixty (60)
days commencing upon the day that the answer is due under the Rules.  The
responding party shall have thirty (30) days to produce the requested documents
by sending copies to the requesting party or its representative via a recognized
international courier service.  Each party will also voluntarily produce all
documents that they intend to use at the arbitration hearing and a list of
intended witnesses before the close of discovery subject to supplementation for
purposes of rebuttal or good cause shown.  Each party hereby waives any right to
seek any discovery not provided for in this Agreement irrespective of whether
the laws of any country provide for different or additional discovery in
international arbitration.  The arbitrator will hold a pre-hearing conference
within three days of the close of discovery and will schedule and hold the final
hearing within thirty (30) days of the close of discovery.  YOU HEREBY AGREE
THAT THE ARBITRATION PROCEDURE PROVIDED HEREIN WILL BE THE SOLE AND EXCLUSIVE
METHOD OF RESOLVING ANY OF THE AFORESAID DISPUTES, CONTROVERSIES OR CLAIMS.

16.4.  Amendment. Except to the extent that PTC is expressly precluded by
applicable law, PTC further reserves the right to make changes to this
Agreement, including but not limited to as needed to reflect changes in business
practices or to reflect changes in or required by law or otherwise, by providing
You with reasonable notice of the changes, which notice may be sent in writing
or electronically or which may be made by posting notice of such update
at https://developer.vuforia.com/legal/vuforia-developer-agreement. You will be
responsible for reviewing and becoming familiar with any and all such changes.
In order to continue using the Software and Services, You must accept and agree
to the new terms.  If You do not agree to such new or modified terms, then You
shall terminate this Agreement by providing timely written notice to PTC in
accordance with Section 12 (Term and Termination).  PTC may terminate this
Agreement, effective immediately upon notice, or may suspend Your rights to use
the Software and Services if You fail to accept any new Agreement terms.  Except
as set forth in this Section 16.4, this Agreement may be modified only by a
written amendment executed by both You and PTC. 

16.5.  Third Party Rights.  Excepting the terms and rights applicable to PTC’s
affiliates as expressly stated herein (which terms and rights such PTC
affiliates shall be entitled to enforce as third party beneficiaries), the
parties agree, and confirm their mutual intention, that neither this Agreement
nor any of the terms of this Agreement will be enforceable by any person/entity
not a direct party to it and no third party beneficiary rights are conferred on
any such third party.  Notwithstanding that any term of this Agreement may be or
may become enforceable by a person who is not a party to this Agreement, the
terms and conditions of this Agreement may be modified or amended, or this
Agreement may be suspended, cancelled, rescinded or terminated by the parties as
provided in Section 16.4 (Amendment) without the consent of any such third
party. 

16.6.  Relationship of Parties. The relationship between You and PTC created
under this Agreement is non-exclusive and that of independent contractors. This
Agreement shall not establish any relationship of partnership, joint venture,
employment, franchise, or agency between the parties.  Neither party shall have
the power to bind the other or incur obligations on the other’s behalf without
the other’s prior written consent.

16.7.  Notices.  All notices, consents, waivers, and other communications
intended to have legal effect under this Agreement must be in writing and must
be in English.  You agree that PTC may provide written notice under this
Agreement having binding legal effect by sending an email to the email address
You provided during the registration process or subsequently updated by You in
accordance with this section or by posting of such notice on the Developer
Portal. Without limiting the foregoing, You agree that any notice PTC sends to
the email address associated with Your user account will satisfy any legal
notice requirement. Notices sent to PTC by You shall be sent by registered or
certified mail, return receipt requested, to PTC Inc., General Counsel, 140
Kendrick Street, Needham, MA 02494, and shall be effective upon receipt by
PTC.  PTC may change its address for receipt of notices by giving notice of the
new address to You.

16.8.  Waiver.  Neither a course of dealing nor the failure of either party to
require performance by the other party of any provision of this Agreement shall
affect the full right to require such performance at any time thereafter; nor
shall the waiver by either party of a breach of any provision of this Agreement
be taken or held to be a waiver of the provision itself.

16.9.  Severability.  If any provision of this Agreement is unenforceable or
invalid under any applicable law or is so held by applicable court decision,
such unenforceability or invalidity shall not render this Agreement
unenforceable or invalid as a whole, and such provision shall be changed and
interpreted so as to best accomplish the objectives of such unenforceable or
invalid provision within the limits of applicable law or applicable court
decisions; provided, however that if the parties are unable to so change the
provision, then the affected party may terminate this Agreement upon thirty (30)
days’ notice.

16.10.  Assignment.  You shall not assign or attempt to assign this Agreement,
in whole or in part, without PTC’s prior written consent. Any purported
assignment of this Agreement without PTC’s consent shall be void. PTC may freely
assign this Agreement or delegate any or all of its rights or obligations
hereunder to any third party.

16.11.  Force Majeure.  PTC shall not be in default of its obligations to the
extent its performance is delayed or prevented by causes beyond its control,
including but not limited to acts of God, acts of You, acts of third parties not
under PTC’s control, acts of any governmental body, war, insurrection, sabotage,
armed conflict, embargo, fire, flood, strike or other labor disturbance,
interruption of or delay in transportation, unavailability of or interruption or
delay in telecommunications or third party services, virus attacks or hackers,
failure of third party software (including, without limitation, ecommerce
software, payment gateways, chat, statistics or free scripts) or inability to
obtain raw materials, supplies, or power used in or equipment needed for
provision of Services and/or Software.

16.12.  Language. This Agreement is entered into solely in the English language,
and if for any reason any other language version is prepared by any party, it
shall be solely for convenience and shall have no force or effect and the
English version shall govern and control in all respects.  All proceedings
related to this Agreement shall be conducted in the English language. If You are
located in the province of Quebec, Canada, the following applies:  The parties
hereby confirm they have requested this Agreement and all related documents be
prepared in English.  Les parties ont exigé que le présent contrat et tous les
documents connexes soient rédigés en anglais.

16.13.  Entire Agreement.  Except as set forth below with regard to separately
negotiated agreements, this Agreement is the entire and exclusive agreement
between PTC and You with respect to the Software, Documentation and the
Services, and this Agreement supersedes, and its terms govern, all prior or
contemporaneous understandings, representations, letters of intent, memoranda of
understanding, agreements, or other communications between the parties, oral or
written, regarding such subject matter, including, without limitation all prior
online click-to-accept agreements with respect to all or any part of the
Software or Services (e.g., the License Agreement for Vuforia Software
Development Kit and the Vuforia Cloud Recognition Services Agreement) (each an
“Online Agreement”). For purposes of clarity, the foregoing sentence shall not
impact or limit in any manner the terms of a separately negotiated agreement
executed by the parties with respect to the Software, Documentation and Services
that by its express terms was intended to supersede all or part of the
applicable Online Agreement (each a “Negotiated Agreement”). With regard to a
reference in a Negotiated Agreement to a specific section in an Online
Agreement, the section references in the Negotiated Agreement shall be deemed to
refer to sections in the Online Agreement based on section title references,
rather than based on section number (e.g., references in a Negotiated Agreement
to “Section 1.9 (Additional Software)” of the Online Agreement shall be deemed
to be references to the Section titled “Additional Software” herein.  In the
event of a conflict between this Agreement and the TOU, the Privacy Policy, or
the Vuforia Pricing Schedule, this Agreement will control. 

BY AGREEING TO THESE TERMS YOU REPRESENT, WARRANT AND CERTIFY THAT: YOU ARE AN
AUTHORIZED REPRESENTATIVE OF THE LEGAL ENTITY YOU REPRESENT; YOU HAVE READ THIS
AGREEMENT AND UNDERSTAND IT; YOU HAVE THE AUTHORITY TO BIND THE LEGAL ENTITY YOU
REPRESENT TO THE TERMS AND CONDITIONS OF THIS AGREEMENT; AND YOU AGREE ON BEHALF
OF THE LEGAL ENTITY YOU REPRESENT TO BE BOUND BY ITS TERMS AND CONDITIONS.

 

 

Exhibit 1

Payment Terms

I.  FEES. Fees for the Services are set forth in the Vuforia Pricing Schedule
and, unless otherwise agreed in writing by PTC, are charged on a per Developer
Application basis and are calculated and billed monthly or annually.  To
initiate the creation of Developer Applications in the Developer
Portal, You must select a specific License for each Developer Application. Fees
begin accruing as of the date You select a License and have been granted a
License Key for such Developer Application.  For Licenses with recurring
charges, Fees will continue accruing monthly or annually for each Developer
Application until You cancel the Services for that particular
Developer Application as set forth in Section II (Cancellation) below.

II.  CANCELLATIONS. You may cancel the License and the associated License Key
for one or more Developer Application(s) by providing PTC with notice in
accordance with the cancellation instructions provided in the Vuforia Support
Center. You will be obligated to pay fees that have accrued through the date of
cancellation.  Cancellation of the License and License Key for one or more
Developer Application(s) will not automatically terminate this Agreement.
Cancellation of the License and License Key will terminate Your rights to use
the Software and Services with such application.  In addition, this Agreement
will terminate and You will no longer have any right to use the Software or
Services if You have no active Licenses associated with Your account.

III.  USAGE. If Your License is usage based, You acknowledge and agree that You
are permitted a certain level of usage (e.g., a maximum number of Recognitions
or Queries per month, a maximum amount of Cloud Targets, and/or a maximum number
of generated VuMark Instances) in accordance with the License applicable to each
Developer Application. If Your actual usage of the Services for such Developer
Application exceeds such levels, You will pay an overage fee as specified in the
Pricing Schedule (or Negotiated Agreement, if applicable) for each Recognition
or Query by that Developer Application that exceeds the usage permitted for the
applicable License.  The overage fee specified in the Pricing Schedule will be
made available either directly on the Pricing Schedule or through a mouse-over
of an underlined term in the Pricing Schedule (e.g., placing or hovering your
pointer or cursor over the underlined term “Cloud Recognition” opens up a box
describing the overage fee for each reco that exceeds the maximum usage for the
License applicable to the Developer Application) or in some other manner. If you
are unable to see these details on the Pricing Schedule, the overage fee for a
License will be made available to You after selecting a License from the Pricing
Schedule, but before You confirm such License and authorize Your credit card to
be charged.  Overage fees shall be billed monthly in arrears.

IV.  BILLING & PAYMENT.  You must provide complete and accurate information as
reasonably requested by PTC during the account creation and enrollment process
and must provide PTC with updates to such information when and as applicable. 

A.  Billing Statement.  PTC will provide an electronic billing statement and
payment instructions to You on a monthly or annual basis for the applicable fees
and amounts due PTC.  You agree to make payment in accordance with the payment
instructions. Billing related information will be sent to the email address
designated by You during the account creation process as the Billing
Contact. Unless otherwise expressly stated, all amounts stated in this Agreement
are in U.S. Dollars. The fees for the initial month will be prorated for the
calendar month in which the applicable License Key was granted. For payments
hereunder, if PTC provides written notice to You requesting You to pay some
or all of the amounts due under this Agreement to an entity affiliated with PTC,
then You will pay such entity the amounts due under this Agreement.

B.  Payment Method.

1.  Recurring Billing. Unless otherwise authorized by PTC, payments must be made
via a credit card accepted by PTC with monthly or annual charges paid
automatically on a recurring basis (“recurring billing”). 

a)  You hereby authorize PTC to automatically charge Your credit card on a
recurring monthly or annual basis for the Fees due.  It is Your responsibility
to make sure the credit or debit card information on Your account is kept
updated.  You guarantee and warrant that You are the legal cardholder and that
You are legally authorized to enter into this recurring billing agreement with
PTC. 

b)  You acknowledge that You may withdraw this authorization for recurring
billing at any time by submitting a support request through the Developer Portal
(or in any other manner specified by PTC from time to time).  PTC will use
commercially reasonable efforts to discontinue the recurring billing
promptly.  If You elect to withdraw Your authorization for recurring billing,
PTC may elect to cancel Your License and/or terminate this Agreement upon
notice.

2.  Other Payment Methods. If You cancel recurring billing and/or PTC has
authorized payment by a different method, You must deliver payment in accordance
with the payment instructions no later than thirty (30) days from the date of
the electronic billing statement.

3.  Wire Transfers. If approved for payment by wire transfer method, wire
transfer fees charged by Your financial institution are Your responsibility and
shall not be deducted from the invoice balance due to PTC.

C.  Late Payments.  All payments of amounts due to PTC which are not paid when
due shall accrue late payment charges on the unpaid amount in the amount of one
and one-half percent (1.5%) per month or the maximum amount allowable under
applicable law, whichever is less, from the date due until the date paid in
full, together with any accrued late payment charges.

D.  Adjustments.  PTC shall have no obligation to provide, and You shall not be
entitled to receive, any credits or refunds relating to amounts paid or owed to
PTC.

E.  Foreign Exchange.  For any amounts due PTC by You that are denominated in a
currency other than U.S. Dollars, PTC will charge You based on the conversion of
such amounts from such other currency into U.S. Dollars in the calendar month in
which such amounts were generated. The rate of exchange shall be determined
using either: (i) the applicable rate as referenced on Reuters (or another
source reasonably determined by PTC) at the close of business on the last
business day of the calendar month prior to the month in question or (ii) such
other conversion method used by PTC’s billing processor. 

V.  TAXES.

A.  All prices are exclusive of sales tax, withholding tax, value-added tax,
duties, and any other taxes or similar levies imposed by any government
authority. In the event that any sales, use, consumption, value-added, gross
receipts, excise, or similar taxes or surcharges ("transactional tax(es)") are
applicable to any of the transactions contemplated by this Agreement, You shall
be responsible for payment of such taxes whether concurrently included with the
original billed amount or subsequently charged based on a review of the facts
affecting Your tax status or a determination that the laws of the applicable
state(s) require assessment and collection of tax. You shall be responsible to
self-account for any VAT payable to Your local tax authorities according to
applicable VAT rules and regulations in the jurisdictions where You are located.

B.  Notwithstanding the foregoing, if You are required by applicable law to
withhold income taxes from any payment due PTC, then the amount due to PTC in
respect to such payment shall be reduced by the amount of such income tax
withholding; then You will deliver to PTC an income tax withholding certificate
or similar documentation reasonably satisfactory to PTC evidencing payment of
any such withholding.  Upon receipt by PTC of the income tax withholding
certificate, the portion of the amount billed represented by the income tax
withholding certificate will be deemed fully paid. If there is an applicable tax
treaty, PTC agrees to provide You the necessary documentation in order to have
You withhold at the beneficial treaty rate.  You agree that upon receipt of the
necessary documentation, You will only withhold at the beneficial treaty
rate.  If You fail to withhold income taxes from any payment due PTC where
income tax withholding is required by applicable law, PTC shall have no
obligation to reimburse You for such unwithheld income taxes, unless You request
reimbursement from PTC in writing within sixty (60) days after the applicable
billing statement date.  You shall be responsible for any penalty, additional
tax, interest or other charge due.

VI.  AUDITS.

During the term of this Agreement and for eighteen (18) months
thereafter, You shall maintain complete and accurate records of its activities
under this Agreement, including without limitation those that give rise to
payment and reporting obligations.  Upon reasonable notice to You by PTC, PTC
may audit Your books and records to determine Your compliance with this
Agreement, including without limitation the calculation and payment of the
amounts due under this Agreement.  You agree to provide PTC access to Your
facilities and computer system, if necessary, and cooperation from Your
employees, as reasonably requested by PTC.  Unless otherwise agreed by the
parties, any such audit shall be conducted during normal business hours and in a
manner that does not unreasonably interfere with Your business activities.  PTC
shall bear the expenses of its auditors, unless the results of such audit
indicate an underpayment of amounts due hereunder of more than (a) five percent
(5%) of the amount payable under this Agreement for the period audited or
(b) ten thousand dollars ($10,000), in which case You shall reimburse PTC for
the cost and expense of PTC’s auditors.  In all instances where an underpayment
is discovered, You shall promptly pay to PTC any such underpayment (plus accrued
late payment charges), and without limiting any other rights or remedies to
which PTC is entitled, failure to pay all amounts owed shall be grounds for
termination in accordance with Section 12 hereof.

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