Copyright (c) 2026 Velo. All rights reserved.

PROPRIETARY SOFTWARE LICENSE

This software and its source code, documentation, and associated files
(collectively, the "Software") are the exclusive property of Velo and are
protected by copyright law and international treaties.

GRANT OF LICENSE

Velo grants you a limited, non-exclusive, non-transferable, non-sublicensable
license to use the Software solely for your internal business purposes,
strictly in accordance with any agreement entered into with Velo.

RESTRICTIONS

You may not, and you may not permit any third party to:

  1. Copy, modify, adapt, translate, or create derivative works of the Software;
  2. Reverse engineer, disassemble, decompile, or otherwise attempt to derive
     the source code of the Software;
  3. Sell, sublicense, rent, lease, transfer, or otherwise make the Software
     available to any third party;
  4. Remove or alter any proprietary notices, labels, or marks on the Software;
  5. Use the Software for any purpose other than as expressly permitted
     under this license.

NO WARRANTY

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS
FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. IN NO EVENT SHALL VELO BE
LIABLE FOR ANY CLAIM, DAMAGES, OR OTHER LIABILITY ARISING FROM THE USE OF
THE SOFTWARE.

TERMINATION

This license is effective until terminated. It will terminate automatically
if you fail to comply with any of its terms. Upon termination, you must
immediately cease all use of the Software and destroy any copies in your
possession.

GOVERNING LAW

This license shall be governed by and construed in accordance with applicable
law. Any disputes arising under this license shall be subject to the exclusive
jurisdiction of the competent courts.

For licensing inquiries, contact: legal@velo.com