Common use of LICENCE AND INTELLECTUAL PROPERTY RIGHTS Clause in Contracts

LICENCE AND INTELLECTUAL PROPERTY RIGHTS. 2.1 Subject to the provisions of this Agreement FINCRA grants the Client and the Client accepts a limited, non-exclusive, non-transferable, non-assignable Licence to use the Solution for its internal use only. 2.2 Client shall not and shall not permit its affiliates or any third party to translate, decompile, recompile, reverse engineer, update or modify all or any part of the Solution or merge the Solution into any other solution. 2.3 Except as provided in this Agreement, no Licence under any patents, copyrights, trademarks, trade secrets or any other intellectual property rights, express or implied, are granted by FINCRA to the Client under this Agreement. 2.4 All patents, copyrights, circuit layouts, mask works, trade secrets and other proprietary rights in and/or related to the Solution are and will remain the exclusive property of FINCRA, whether or not specifically recognized or perfected under the laws of the jurisdiction in which the Solution is used or licensed. The Client will not take any action that jeopardizes any proprietary rights or acquire any right in the Solution. Unless otherwise agreed on a case-by-case basis, FINCRA will own all rights in any copy, translation, modification, adaptation or derivation of the Solution or other items of Confidential Information, including any improvement or development thereof. The Client will obtain, at FINCRA's request, the execution of any instrument that may be appropriate to assign these rights to or perfect these rights in FINCRA's name. 2.5 The Client shall not allow any third party to have access to the Solution or derivative works from the Solution without FINCRA's prior written consent.

LICENCE AND INTELLECTUAL PROPERTY RIGHTS. 2.1 Subject to the provisions of this Agreement FINCRA grants the Client and the Client accepts a limited, non-exclusive, non-transferable, non-non- assignable Licence to use the Solution for its internal use only. 2.2 Client shall not and shall not permit its affiliates or any third party to translate, decompile, recompile, reverse engineer, update or modify all or any part of the Solution or merge the Solution into any other solution. 2.3 Except as provided in this Agreement, no Licence under any patents, copyrights, trademarks, trade secrets or any other intellectual property rights, express or implied, are granted by FINCRA to the Client under this Agreement. 2.4 All patents, copyrights, circuit layouts, mask works, trade secrets and other proprietary rights in and/or related to the Solution are and will remain the exclusive property of FINCRA, whether or not specifically recognized or perfected under the laws of the jurisdiction in which the Solution is used or licensed. The Client will not take any action that jeopardizes any proprietary rights or acquire any right in the Solution. Unless otherwise agreed on a case-by-case basis, FINCRA will own all rights in any copy, translation, modification, adaptation or derivation of the Solution or other items of Confidential Information, including any improvement or development thereof. The Client will obtain, at FINCRA's request, the execution of any instrument that may be appropriate to assign these rights to or perfect these rights in FINCRA's name. 2.5 The Client shall not allow any third party to have access to the Solution or derivative works from the Solution without FINCRA's prior written consent.

LICENCE AND INTELLECTUAL PROPERTY RIGHTS. 2.1 Subject to the provisions of this Agreement FINCRA grants the Client and the Client accepts a limited, non-exclusive, non-transferable, non-non- assignable Licence to use the Solution for its internal use only. 2.2 Client shall not and shall not permit its affiliates or any third party to translate, decompile, recompile, reverse engineer, update or modify all or any part of the Solution or merge the Solution into any other solution. 2.3 Except as provided in this Agreement, no Licence under any patents, copyrights, trademarks, trade secrets or any other intellectual property rights, express or implied, are granted by FINCRA to the Client under this Agreement. 2.4 All patents, copyrights, circuit layouts, mask works, trade secrets and other proprietary rights in and/or related to the Solution are and will remain the exclusive property of FINCRA, whether or not specifically recognized or perfected under the laws of the jurisdiction in which the Solution is used or licensed. The Client will not take any action that jeopardizes any proprietary rights or acquire any right in the Solution. Unless otherwise agreed on a case-by-case basis, FINCRA will own all rights in any copy, translation, modification, adaptation or derivation of the Solution or other items of Confidential Information, including any improvement or development thereof. The Client will obtain, at FINCRA's request, the execution of any instrument that may be appropriate to assign these rights to or perfect these rights in FINCRA's name. 2.5 The Client shall not allow any third party to have access to the Solution or derivative works from the Solution without FINCRA's prior written consent. 2.6 The Client grants FINCRA the right to use Client's name or/and logo (“Logo”) on FINCRA's website, or in any marketing materials.