Last Revised 04-09-2024

THIS AGREEMENT is entered into as date of software purchase ("Effective Date") by and between ZenTek, LLC (ZENTEK), with offices at 2 University Plaza, Suite 100, Hackensack, NJ 07601 ("LICENSOR") and the party installing the software ("LICENSEE") regarding the purchase and use of ZenEstimate Tools (“SOFTWARE”)
WHEREAS, Licensee wishes to license software for the purpose of estimating, quantity take- off, project design/review and ZENTEK desires to license this software to licensee. By installing, copying, or otherwise using the SOFTWARE, you agree to be bounded by the terms of this EULA. If you do not agree to the terms of this EULA, do not install or use the SOFTWARE.

NOW THEREFORE, the parties hereto agree as follows:

1. GRANT OF LICENSE
Subject to the terms and conditions of the Agreement, ZENTEK grants to Licensee a non- exclusive, non-transferable license to use the software identified as “ZenEstimate Tools INDUSTRY”, (the "Licensed Programs") where “INDUSTRY” is a specifically named suite(s) of tools as outlined in the software purchase agreement. Licensee may use the Licensed Programs in delivered format for its own use only. Licensee may not translate or modify the licensed programs or incorporate them into other software. Licensee may not transfer or sublicense the Licensed Programs to any third party, in whole or in part, in any form, whether modified or unmodified.

2. CONSIDERATION TO ZENTEK
a. Licensee shall pay, upon delivery of the Licensed Programs, the license fees set forth in the software purchase agreement.
b. License fees do not include any shipping, duties, bank fees, sales, use, excise or similar taxes due. If Licensor is required to pay any such amounts, Licensee shall reimburse Licensor in full.

3. COPIES
Licensee may make copies of the Licensed Program in delivered form only as necessary for use in backup or archive purposes. Licensee agrees to maintain records of the location and use of each copy, in whole or in part, of the Licensed Programs. Each Licensed Program is copyrighted by ZENTEK. Licensee agrees to reproduce and apply the copyright notice and proprietary notice of ZENTEK to all copies made hereunder, in whole or in part and in any form, of Licensed Programs.

4. OWNERSHIP
The original and any copies of the Licensed Programs, made by Licensee, including translations, compilations, partial copies, modifications, and updates, are the property of ZENTEK.

5. PROPRIETARY RIGHTS
Licensee recognizes that ZENTEK regards the Licensed Programs as its proprietary information and as confidential trade secrets of great value. Licensee agrees not to provide or to otherwise make available in any form the Licensed Programs, or any portion thereof, to any person other than employees of Licensee without the prior written consent of ZENTEK. Licensee further agrees to treat the Licensed Programs with at least the same degree of care with which Licensee treats its own confidential information and in no event with less care than is reasonably required to protect the confidentiality of the Licensed Programs.

6. TERM
The license granted hereunder shall continue unless and until terminated pursuant to Section 7 hereof and subject to Licensee's proper performance of its obligations hereunder.

7. TERMINATION
ZENTEK may terminate this Agreement if Licensee is in default of any of the terms and conditions of this Agreement and fails to correct such default within ten (10) days after written notice thereof from ZENTEK.

8. TERMINATION CERTIFICATE
In the event of termination, Licensee will immediately discontinue use of the Licensed Programs. Within one (1) month after termination of this Agreement, Licensee will furnish to ZENTEK a certificate which certifies with respect to each of the Licensed Programs that, through its best effort and to the best of its knowledge, the original and all copies, in whole or in part and in any form, of each of the Licensed Programs have been destroyed. The provisions of Sections 4, 5, 8, 11, and 13 hereof shall survive any termination of this Agreement.

9. MAINTENANCE SUPPORT
Licensor will provide to Licensee the following support with respect to the Software:
(i)
If during the 1st year of this Agreement, Licensee notifies Licensor of a substantial program error respecting the Software, or Licensor has reason to believe that error exists in the Software and so notifies Licensee, Licensor shall at its expense verify and attempt to correct such error within thirty (30) working days after the date of notification. If Licensee is not
satisfied with the correction, then Licensee may terminate this Agreement, but without refund of any amount paid to Licensor or release of any amounts due to Licensor at the time of termination.
(ii)
In the case that Licensee has technical questions in the use of the Software during the 1st year of this Agreement, Licensee may submit those questions to Licensor. Licensor shall provide consulting to answer such questions without charge to Licensee up to a maximum of one (1) hour for each licensed program.

10. DELIVERY OF LICENSED PROGRAMS
ZENTEK shall use its best efforts to deliver the Licensed Programs promptly after receipt of the purchase order and export license (if required).

11. WARRANTY DISCLAIMER
ZENTEK licenses, and Licensee accepts, the licensed programs "AS IS." ZENTEK PROVIDES NO WARRANTIES AS TO THE FUNCTION OR USE OF THE LICENSED PROGRAMS, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR PARTICULAR PURPOSE. THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE LICENSED PROGRAM IS WITH LICENSEE. LICENSOR DOES NOT WARRANT THAT THE FUNCTIONS CONTAINED IN THE LICENSED PROGRAMS WILL MEET LICENSEE'S REQUIREMENTS OR THAT THE OPERATION OF THE LICENSED PROGRAMS WILL BE UNINTERRUPTED OR ERROR FREE.

12. PATENT AND COPYRIGHT INDEMNITY
ZENTEK will defend at its own expense any action brought against Licensee to the extent it is based on a claim that the Licensed Programs used within the scope of the license granted hereunder infringe a United States patent, copyright or other proprietary right of a third party.

ZENTEK will pay any costs, damages or attorney fees finally awarded against Licensee in such action which are attributable to such claim, provided ZENTEK is promptly notified in writing of such claim, may control the defense and/or settlement of such claim, and is provided with all requested assistance, information and authority. In the event that a Licensed Program becomes, or in ZENTEK's opinion is likely to become, the subject of a claim of infringement of a United States patent, copyright or trade secret, ZENTEK may at its option either secure Licensee's right to continue using the Licensed Programs, replace or modify the Licensed Programs to make them not infringing, or provide Licensee with a refund of the license fee less depreciation on a 5 (five) year, straight-line basis. ZENTEK shall have no liability for any claim of patent, copyright or trade secret infringement based on the use of a Licensed Program in any form other than the original, unmodified form provided to Licensee or the use of a combination of the Licensed Programs with hardware, software or data not supplied by ZENTEK where the used Licensed Programs alone in their original, unmodified form would not constitute an infringement. The foregoing states Licensee's entire liability for infringement or claims of infringement of patents, copyrights or other intellectual property right.

13. LIMITATION OF LIABILITY
ZENTEK'S LIABILITY TO LICENSEE UNDER ANY PROVISIONS OF THIS AGREEMENT FOR DAMAGES FINALLY AWARDED SHALL BE LIMITED TO THE AMOUNTS ACTUALLY PAID HEREUNDER BY LICENSEE TO ZENTEK. IN NO EVENT SHALL ZENTEK BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES, INCLUDING LOSS OF USE, LOSS OF PROFITS OR INTERRUPTION OF BUSINESS, HOWEVER CAUSED OR ON ANY THEORY OF LIABILITY.

14. NOTICES
All notices in connection with this Agreement shall be in writing and may be given by certified, registered, or first-class mail or personally delivered at the address set forth on the front page. For purposes of this Agreement, a notice shall be deemed effective upon personal delivery to the party or if by mail five days after proper deposit in a mail box.

15. SUCCESSORS
This Agreement will be binding upon and will inure to the benefit of the parties hereto and their respective representatives, successors and assigns except as otherwise provided herein.

16. SEVERABILITY
In the event any provision of this Agreement is determined to be invalid or unenforceable, the remainder of this Agreement shall remain in force as if such provision were not a part.

17. GOVERNING LAW/FORUM
This Agreement shall be governed and interpreted by the laws of the State of New Jersey. Bergen County, NJ shall be the appropriate venue and jurisdiction for the resolution of any disputes hereunder. Both parties hereby consent to such personal and exclusive jurisdiction.

18. NON-ASSIGNMENT
This Agreement and the licenses granted by it may not be assigned, sublicensed, or otherwise transferred by Licensee without the prior written consent of ZENTEK.

19. EXPORT REGULATIONS
Licensee understands that ZENTEK is subject to regulation by agencies of the U.S. Government, including the U.S. Departments of Commerce and State, which prohibit export or diversion of certain technical products to certain countries. Licensee warrants that it will comply in all respect with the export and re-export restrictions set forth in the export license for the Licensed Programs and all other applicable export regulations. Licensee agrees to indemnify and hold ZENTEK harmless from any loss, damages, liability or expenses incurred by ZENTEK as a result of Licensee's failure to comply with any export regulations or restrictions.

20. ENTIRE AGREEMENT
This Agreement sets forth the entire understanding between the parties with respect to the subject matter hereof, and merges and supersedes all prior agreements, discussions and understandings, express or implied, concerning such matters. This Agreement shall take precedence over any additional or conflicting terms which may be contained in Licensee's purchase order or ZENTEK's order acknowledgment forms.