END USER LICENSE AGREEMENT
CONCERNING 
CIMCO Software 2024 (the Software)

WARNING!  IF YOU COMPLETE THE INSTALLATION OF THIS SOFTWARE OR IF YOU ACTIVATE THE SOFTWARE, 
YOU ARE CONSIDERED TO HAVE ACCEPTED  AND YOU WILL BE LEGALLY BOUND BY - 
THIS END USER LICENSE AGREEMENT.

1. SCOPE:  This End User License Agreement (the "License Agreement") sets out the terms and 
conditions of your license to install, access and use the standard version of the Software 
specified above, including upgrades and accompanying documentation. This License Agreement 
covers the Software in the unmodified standard version and all subsequent upgrades thereof, 
which is made available to you by or on behalf of CIMCO A/S, corporate ID CVR32323510, 
Vermundsgade 38, 3. floor, 2100 Copenhagen, Denmark (the "Licensor"). 

2. GRANT OF LICENSE AND EFFECTIVE DATE:  Conditional upon your payment of the agreed license 
fee, Licensor grants you a non-exclusive, non-transferable and perpetual license 
(a "License") to install, access and use the Software, but only in object-code format, 
on the terms and conditions set forth herein. The number of Licenses you have acquired and 
paid for, determines the number of copies of the Software you are permitted to make and 
the number of end users which may access and use the Software. One (1) License covers one 
(1) copy of the Software and permits one (1) end user to access and use the Software. 
The effective date of your License(s) is the date, where you for the first time have paid 
the applicable license fee.

3. TITLE AND PROPRIETARY INFORMATION:  Full title to the Software shall remain with Licensor 
and nothing in this License Agreement shall be construed as a transfer of Licensors 
title to the Software to you or to any third party. If you install the Software you 
automatically acknowledge and accept that the Software represents valuable trade secrets 
to Licensor, and that you must keep and use the Software in confidence and in accordance with 
the terms and conditions of this License Agreement. 

4. REPRODUCTION OF SOURCE CODE. You agree not to disassemble, reverse compile, or reverse 
engineer the Software or any part thereof, or take any other action in order to reproduce the 
source code of the Software, except as expressly permitted in article 6 of  Directive 2009/24/EC 
of the European Parliament and of the Council of 23 April 2009 on the legal protection 
of computer programs as incorporated into Danish law by article 37 of the Danish Act 
No. 1144 of October 23, 2014 on Copyrights (in Danish Ophavsretsloven). Therefore, 
the License includes a limited right for you as the Licensee to reproduce the source code 
of the Software on the following conditions, which shall all be fulfilled at the relevant 
time: (a) reproduction of the source code is indispensable to obtain the information, 
which is necessary to achieve interoperability between the Software and other programs, 
(b) the task of reproduction of the source code is performed by you or by another person 
having a right to use the Software, or on your behalf by a person authorized to do so; 
(c) the information necessary to achieve interoperability have not previously been readily 
available to you; and (d) reproduction of source code is confined to those parts of 
the Software which are necessary in order to achieve interoperability. You shall not 
under any circumstances (e) use information obtained through reproduction of the source 
code of the Software for any other purpose than to achieve the interoperability of the 
Software; (f) give such information to others, except when necessary to achieve the desired 
interoperability of the Software; or (c) use such information for the development, 
production, or marketing of a software program substantially similar to the Software in 
its expression, or for any other acts which infringe Licensors copyright.      

5. COPYING THE SOFTWARE. You agree not to copy the Software, except as expressly permitted 
in the articles 4 and 5 of Directive 2009/24/EC of the European Parliament and of the 
Council of 23 April 2009 on the legal protection of computer programs as incorporated into 
Danish law by article 36 of the Danish Act No. 1144 of October 23, 2014 on Copyrights (
in Danish Ophavsretsloven). Therefore, the License includes a limited right for you 
as the Licensee (a) to make such number of internal copies of the Software, which are 
strictly necessary to ensure the Software performs in accordance with its objectives; 
and (b) to make an internal back-up copy of the Software, if, and to the extent, this 
is necessary for your use of the Software.

6. TERMINATION AND EFFECTS OF TERMINATION: You may terminate this License Agreement upon 
thirty (30) days written notice to Licensor. Licensor may immediately terminate any or 
all Licenses without further obligation or liability (a) if you fail to pay the applicable license 
fee or any other amount due hereunder and you continue to be delinquent for a period of 
thirty (30) days after the last day on which payment was due; or (b) if a petition alleging 
insolvency is filed by or against you, or a receiver is appointed for any part of your 
business, or your assets are assigned for the benefit of your creditors; or (e) if you 
commit any other breach of this License Agreement and fail to remedy such breach within 
thirty (30) days after written notice by Licensor of such breach, or (d) if you violate anyone 
of the Articles 3, 4, or 5 herein. Upon termination of this License Agreement or any 
License granted hereunder, you shall immediately cease using the Software and without delay 
un-install and destroy all copies of the Software and all related documentation. Termination of 
this License Agreement or any License granted hereunder shall not release you from the 
obligations of the Articles 3, 4 and 5 herein. The termination of this License Agreement shall 
not affect the survival of the representations, warranties, and covenants contained herein.

7. INDEMNIFICATION OF LICENSOR: You agree to indemnify and hold harmless Licensor, 
its distributors and its retailers and each of their respective officers, directors, 
and employees against any and all losses, liabilities, expenses (including reasonable 
attorneys' fees) suffered or incurred by them by reason of any claim, suit or proceedings arising 
out of or in connection with: (a) any content, information, or other materials posted, 
provided, uploaded, submitted, shared, published, distributed, made available, accessible or 
usable on, to, from or through the Software ("User Content"); or (b) any illegal or 
damaging usage of User Content, such as, but not limited to, usage infringing upon intellectual 
property rights or violating trade secrets or other rights, or causing death or bodily injury 
or damage to tangible assets or real property; or (c) any breach of or failure by you 
to comply with this License Agreement; or (d) any other use of the Software made by 
you (or by anyone who accesses the Software through you).

8. DISCLAIMER OF ALL WARRANTIES: EXCEPT FOR THE EXPRESS LIMITED WARRANTY PROVIDED IN 
THIS LICENSE AGREEMENT, IF ANY, AND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, 
LICENSOR MAKES, AND YOU (IN YOUR CAPACITY OF LICENSEE) RECEIVE, NO WARRANTIES, REPRESENTATIONS, 
OR CONDITIONS OF ANY KIND, EXPRESS OR IMPLIED (INCLUDING, WITHOUT LIMITATION, ANY IMPLIED 
WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT, 
OR WARRANTIES OTHERWISE IMPLIED BY STATUTE OR FROM A COURSE OF DEALING OR USAGE OF TRADE) 
WITH RESPECT TO THE LICENSED SOFTWARE.  ANY STATEMENTS OR REPRESENTATIONS ABOUT THE 
LICENSED SOFTWARE AND ITS FEATURES OR FUNCTIONALITY IN ANY MATERIALS PROVIDED TO OR 
IN ANY COMMUNICATION WITH YOU ARE FOR INFORMATION PURPOSES ONLY, AND DO NOT CONSTITUTE A 
WARRANTY, REPRESENTATION, OR CONDITION.  WITHOUT LIMITING THE FOREGOING, LICENSOR DOES 
NOT WARRANT THAT THE OPERATION OR OUTPUT OF THE LICENSED SOFTWARE WILL BE UNINTERRUPTED, 
ERROR-FREE, SECURE, ACCURATE, RELIABLE, OR COMPLETE, WHETHER OR NOT UNDER SUPPORT BY 
LICENSOR OR ANY THIRD PARTY.  NOTHING IN THE FOREGONG SHALL RESTRICT THE EFFECT OF WARRANTIES 
OR CONDITIONS WHICH MAY BE IMPLIED BY LAW AND WHICH CANNOT BE EXCLUDED, RESTRICTED OR 
MODIFIED NOTWITHSTANDING A CONTRACTUAL RESTRICTION TO THE CONTRARY. 

9. LIMITATION OF LICENSORS LIABILITY: IN NO EVENT WILL LICENSOR HAVE ANY LIABILITY (
DIRECTLY OR INDIRECTLY) FOR ANY INCIDENTAL, SPECIAL, INDIRECT, CONSEQUENTIAL, OR PUNITIVE 
DAMAGES, FOR LOSS OF PROFITS, USE, REVENUE, DATA, OR FOR BUSINESS INTERRUPTIONS. IN 
ADDITION, THE MAXIMUM LIABILITY OF LICENSOR ARISING OUT OF OR RELATING TO THE LICENSED SOFTWARE 
WILL NOT EXCEED AN AMOUNT CORRECPONDING TO THE AGGREGATE LICENSE FEES PAID OR PAYABLE BY 
LICENSEE FOR THE LICENSES COVERED BY THE LICENSE AGREEMENT. THE LIMITATIONS OF LIABILITY IN 
THIS ARTICLE 9 WILL APPLY TO THE EXTENT PERMITTED BY APPLICABLE LAW TO ANY DAMAGES OR 
OTHER LIABILITY, HOWEVER CAUSED AND REGARDLESS OF THE THEORY OF LIABILITY, WHETHER DERIVED 
FROM CONTRACT, TORT (INCLUDING, WITHOUT LIMITATION, NEGLIGENCE), OR OTHERWISE, EVEN IF 
LICENSOR HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LIABILITY AND REGARDLESS OF WHETHER 
THE LIMITED REMEDIES AVAILABLE HEREUNDER FAIL OF THEIR ESSENTIAL PURPOSE. ALSO, YOU ACKNOWLEDGE 
AND AGREE THAT THE LICENSE FEES PAID BY YOU ARE BASED ON AND REFLECTIVE OF THE ALLOCATION OF 
RISK CONTEMPLATED BY THIS ARTICLE 9 AND THAT THE LIABILITY LIMITATIONS HEREIN ARE AN 
ESSENTIAL ELEMENT OF THIS LICENSE AGREEMENT.

10. SALE OF LICENSES TO THE UNITED STATES GOVERNMENT: For U.S. Government procurements, 
the Software is deemed to be commercial computer software as defined in FAR 12.212 and 
subject to restricted rights as defined in FAR Section 52.227-19 "Commercial Computer Software 
- Restricted Rights" and DFARS 227.7202, "Rights in Commercial Computer Software or 
Commercial Computer Software Documentation", as applicable, and any successor regulations. 
Any use, modification, reproduction release, performance, display or disclosure of the 
Software by the U.S. Government will be solely in accordance with license rights and 
restrictions described therein.

11. SEVERABILITY: Should any provision of this License Agreement be invalid, ineffective, 
or unenforceable, under present or future laws, the remainder of the provision shall remain 
in full force and effect and shall in no way be affected, impaired or invalidated.

12. ENTIRE AGREEMENT: You acknowledge that you have read this License Agreement before you 
complete installation of the Software or before you access and start using the Software and 
you acknowledge and agree that this License Agreement is the complete and exclusive statement 
of the agreement between us, and that it supersedes all prior proposals and understandings, 
oral and written, relating to the Software licensed pursuant to this License Agreement. 
This License Agreement shall not be modified or rescinded except in writing signed by 
both of us. Notwithstanding the aforementioned sentences, you acknowledge and accept that 
the licensed Software may contain or be accompanied by third-party software, data, 
or other materials that are subject to and provided in accordance with third-party license 
terms that are in addition to or different from the terms set forth in this License Agreement. 
Such third-party license terms may be included or referenced to or with such third-
party software, data, or other materials (e.g., in the "About box"), or at a web page 
specified by Licensor (the URL for which may be obtained on request to Licensee). You 
hereby agree to comply with such third-party terms as the case may be.

13. CHOICE OF LAW AND VENUE: You acknowledge and accept that this License Agreement and 
all aspects of the agreement, including the construction, interpretation, and validity of 
the agreement, shall be exclusively governed by Danish law, except its conflict of laws 
rules. Any dispute between us related to this License Agreement and which cannot be 
otherwise settled by our agreement, must be brought before the courts of Denmark to 
the exclusion of the courts of any other jurisdiction.


