SmartMemory Lite Runtime License
Version 1.0, September 2026

Copyright (c) 2025-2026 SmartMemory. All rights reserved.

This license governs the SmartMemory Lite Runtime: the compiled software
distributed by SmartMemory under the package names "smartmemory" and
"smartmemory-core", together with any bundled model, pattern, or
configuration files (the "Runtime").

1. Definitions

"Application" means software that incorporates, links to, or communicates
with the Runtime.

"Commercial Redistribution" means distributing the Runtime, in whole or in
part, to third parties as a component of an Application that is sold,
licensed for a fee, monetized through subscriptions, advertising, or
usage charges, or otherwise distributed in the course of a business.

"Redistribution Agreement" means the SmartMemory Lite Redistribution
Agreement, available at https://smartmemory.ai/licensing or from
help@smartmemory.ai.

2. Grant of use

Subject to this license, SmartMemory grants you a worldwide, royalty-free,
non-exclusive, non-transferable license to install and use the unmodified
Runtime, for any purpose, including:

  (a) personal use,
  (b) internal use within your organization, including internal tools and
      services that are not distributed to third parties,
  (c) evaluation, research, and education,
  (d) development and testing of Applications, and
  (e) distribution as a component of a non-commercial Application that is
      made available free of charge.

3. Commercial Redistribution

Commercial Redistribution requires a Redistribution Agreement. Until you
have one, this license does not permit it. Redistribution Agreements are
available at no charge for early access participants and for organizations
below the revenue threshold stated in the Agreement. No other terms of this
license are changed by a Redistribution Agreement unless it says so.

4. Restrictions

You may not:

  (a) modify, translate, decompile, disassemble, or reverse engineer the
      Runtime, except to the extent applicable law prohibits this
      restriction,
  (b) distribute the Runtime on its own, or as the primary value of an
      Application whose purpose is to provide memory, retrieval, or
      knowledge-graph capabilities as a product or service,
  (c) remove or alter any copyright, license, or attribution notice,
  (d) sublicense, rent, lease, or lend the Runtime, or
  (e) use the Runtime to build a service that competes with the SmartMemory
      hosted service.

5. No source obligation

Nothing in this license requires you to disclose, license, or distribute
the source code of your Application.

6. Separate products

The SmartMemory hosted service, server components, SDKs, and the full
SmartMemory platform are licensed separately and are not covered by this
license. The Python client library and the JavaScript SDK carry their own
licenses.

7. Models and third-party software

Model weights and third-party packages bundled with or downloaded by the
Runtime remain under their own licenses, which you must also comply with.

8. Trademarks

This license grants no rights to the SmartMemory name or logos other than a
factual statement that your Application uses SmartMemory Lite.

9. Termination

This license terminates automatically if you breach it. On termination you
must stop using and distributing the Runtime. Copies of an Application
already delivered to end users before termination are not affected.

10. Disclaimer of warranty

THE RUNTIME IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

11. Limitation of liability

IN NO EVENT SHALL SMARTMEMORY BE LIABLE FOR ANY CLAIM, DAMAGES, OR OTHER
LIABILITY, WHETHER IN CONTRACT, TORT, OR OTHERWISE, ARISING FROM OR IN
CONNECTION WITH THE RUNTIME OR ITS USE.

12. Contact

Licensing questions and Redistribution Agreements: help@smartmemory.ai
