Terms & Conditions

This Agreement is made between the “Licensee”, defined as each individual or organization accepting the on-line license acknowledgement, and GoBike LLC, doing business as Fit Kit Systems (the "Licensor") with a principal place of business at 1549 S 1100 E Suite D, Salt Lake City Ut 84105, United States.

 

  1. DEFINITIONS.

 

(a) "Software" means the computer program marketed as “VeloAngle App” and accessed on the site www.veloangleapp.com

 

(b) "Subscribe" means selecting the desired license term and paying the stated license fee to access the web-based software.

 

(c) "Use" means accessing the web-based Software

 

  1. GRANT OF RIGHTS. Licensor hereby grants to Licensee a nonexclusive license to subscribe and use the Software on one single user computer in its possession.

 

  1. LICENSE TERM. This License is effective during the subscription term selected by the Licensee

 

  1. LICENSE FEE. Licensee agrees to pay Licensor the license fees as stated for the term selected by the Licensee.

     

  1. TITLE TO SOFTWARE. Licensor retains title to and ownership of the Software and all enhancements, modifications and updates of the Software.

 

  1. MODIFICATIONS AND ENHANCEMENTS. Licensee will make no efforts to reverse engineer the Software, or make any modifications or enhancements without Licensor's express written consent.

 

  1. WARRANTY LIMITATIONS. THE SOFTWARE IS PROVIDED "AS IS." LICENSOR DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO, ALL EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

 

SOME STATES DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.

 

  1. REMEDY LIMITATIONS. Licensor's entire liability and Licensor's sole and exclusive remedy for breach of the foregoing warranty shall be Licensor's option to either:

 

- return to Licensee the license fee for the period in which the Software did not perform according to this warranty, or

 

- repair the defects or replace the Software.

 

  1. DAMAGE LIMITATIONS. NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR INDIRECT, SPECIAL, CONSEQUENTIAL OR INCIDENTAL DAMAGES, INCLUDING LOSS OF PROFITS, AND LICENSOR'S LIABILITY TO LICENSEE FOR ANY OTHER DAMAGES RELATING TO OR ARISING OUT OF THIS AGREEMENT WHETHER IN CONTRACT, TORT, OR OTHERWISE WILL BE LIMITED TO THE AMOUNT RECEIVED BY LICENSOR FROM LICENSEE AS COMPENSATION FOR THE SOFTWARE DURING THE 12 MONTH PERIOD IMMEDIATELY PRIOR TO THE TIME SUCH CLAIM AROSE.

 

  1. CONFIDENTIALITY. Licensee will treat the Software as a trade secret and proprietary know-how belonging to Licensor that is being made available to Licensee in confidence. Licensee agrees to treat the Software with at least the same care as it treats its own confidential or proprietary information.

   

  1. ATTORNEY FEES. If any legal action is necessary to enforce this License, the prevailing party shall be entitled to reasonable attorney fees, costs and expenses in addition to any other relief to which it may be entitled.

 

  1. GENERAL PROVISIONS.

 

            (a) Complete Agreement: This License Agreement together with all schedules referred to in this Agreement, all of which are incorporated herein by reference, constitutes the sole and entire Agreement between the parties. This Agreement supersedes all prior understandings, agreements, representations and documentation relating to the subject matter of this Agreement.

 

            (b) Modifications: Modifications and amendments to this Agreement, including any exhibit, schedule or attachment hereto, shall be enforceable only if in writing and signed by authorized representatives of both parties.

 

            (c) Applicable law: This License will be governed by the laws of the State of Michigan.

 

            (d) Notices: All notices and other communications given in connection with this License shall be in writing and shall be deemed given as follows:

 

- When delivered personally to the recipient's address as appearing in the introductory paragraph to this License;

 

- Three days after being deposited in the United States mail, postage prepaid to the recipient's address as appearing in the introductory paragraph to this License; or

 

- When sent by fax or telex to the last fax or telex number of the recipient known to the party giving notice. Notice is effective upon receipt provided that a duplicate copy of the notice is promptly given by first-class or certified mail or the recipient delivers a written confirmation of receipt.

 

            Any party may change its address appearing in the introductory paragraph to this License by given notice of the change in accordance with this paragraph.

 

            (e) No Agency: Nothing contained herein will be construed as creating any agency, partnership, joint venture or other form of joint enterprise between the parties.

 

  1. ASSIGNMENT. The rights conferred by this License shall not be assignable by the Licensee without Licensor's prior written consent. Licensor may impose a reasonable license fee on any such assignment.