Refractive Software LTD Octane Render COMMERCIAL SOFTWARE LICENSE AGREEMENT
--------------------------------------------------------------------------------

Refractive Software LTD. (the "Company") hereby grants to you a non-exclusive, 
non-transferable license to use the accompanying software product called Octane Render (the "Software") 
and any accompanying documentation (the "Documentation") and examples (the "Examples"), for internal purposes only. 

YOU MAY:
 use the Software on any single computer.
YOU MAY NOT:
 make copies of the Software or Documentation or Examples;
 use the Software in a network or other multi-user arrangement or an electronic bulletin board system or other remote access arrangement;
 rent, lease, sublicense or otherwise transfer the Software, Documentation or Examples;
 reverse engineer, decompile, disassemble, or create derivative works of the Software, Documentation or Examples.

Software. If you receive one copy of the Software electronically, and a second copy on media, the second copy may be used for archival purposes only. 
This license does not grant you the right to receive updates or bug fixes for the Software, Documentation or Examples.

Termination: This license will terminate automatically if you fail to comply with the limitations described above, 
or upon immediate request of Company, at which time you must destroy, or return to the Company, 
all copies of the Software, Documentation and Examples. 

The Title, Warranty and Limitation of Liabilities as set forth below shall remain in effect in perpetuity.

Title. Title, ownership rights, and intellectual property rights in and to the Software, 
Documentation and Examples shall remain in the Company. 

This Software is protected by the copyright laws of the United States and international copyright laws and treaties.

Warranty. YOU EXPRESSLY ASSUME ALL RISK FOR USE OF THE SOFTWARE. 

THE COMPANY MAKES NO WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE SOFTWARE, 
DOCUMENTATION OR EXAMPLES, OR THEIR MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 

NO DEALER, AGENT OR EMPLOYEE OF THE COMPANY IS AUTHORIZED TO MAKE ANY MODIFICATIONS, EXTENSIONS OR ADDITIONS TO THIS WARRANTY.

Limitation of Liabilities. UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY, TORT, CONTRACT OR OTHERWISE, 
SHALL THE COMPANY BE LIABLE TO THE LICENSEE FOR ANY INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL 
DAMAGES OF ANY CHARACTER, INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF GOODWILL, 
WORK STOPPAGE, COMPUTER FAILURE OR MALFUNCTION OR ANY AND ALL OTHER DAMAGES OR LOSSES, 
OR FOR ANY DAMAGES IN EXCESS OF THE LICENSE FEES PAID IN THE PRECEDING 12-MONTH PERIOD 
FOR THE SOFTWARE FORMING THE BASIS OF THE ACTION, 
EVEN IF THE COMPANY SHALL HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGES, OR FOR ANY CLAIM BY ANY OTHER PARTY. 

