Data License Agreement

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Data License Agreement (OTS)

This Data License Agreement (OTS) (this “Agreement”), version 1, effective at all times present in the website is by and between Macgence Technologies (OPC) Private Limited, An Indian company (“Licensor”), and all consumers of the data covered by this license (“Licensee”). Licensor and Licensee may be referred to herein collectively as the “Parties” or individually as a “Party”.

WHEREAS, Licensor has compiled data into the proprietary [database/data feed] described in Exhibit A, and such proprietary [database/data feed] (the “Data”); and

WHEREAS Licensor desires to license the Data to Licensee, and Licensee desires to license the Data from Licensor, subject to the terms and conditions of this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants, terms, and conditions that the Parties set forth herein, and for other good and valuable consideration, which they hereby acknowledge as received and sufficient, the Parties agree as follows:

Table of Contents

License


License Grant:

Subject to and conditioned on Licensee’s compliance with all other terms and conditions of this Data License Agreement (OTS), Licensor hereby grants Licensee a non-exclusive, non-sublicensable, and non-transferable (except in compliance with Section 8(f)) license during the Term to use the Data solely for Licensee’s permitted use set forth in Exhibit A (the “Permitted Use”). The usage by the Licensee will not exceed the limits set forth in Exhibit A, except as expressly agreed to in writing by the Parties and subject to any appropriate additional fees determined by the Licensor.

Use Restrictions:

Licensee shall only use the Data for the Permitted Use and shall not disclose, release, distribute, or deliver the Data, or any portion thereof, to any third party without Licensor’s prior written consent. Any purpose or use not specifically authorized herein is prohibited unless otherwise agreed to in writing by Licensor. Without limiting the foregoing and except as otherwise expressly set forth in this Data License Agreement (OTS), Licensee shall not at any time, directly or indirectly:
(i) copy, modify, or, in whole or in part;
(ii) rent, lease, lend, sell, sublicense, assign, distribute, publish, transfer, or otherwise make available the Data;
(iii) reverse engineer, disassemble, decompile, decode, adapt, or otherwise attempt to derive or gain access to the source of the Data or methods used to compile the Data, in whole or in part;
(iv) remove any proprietary notices included within the Data;
(v) publish, enhance, or display any compilation or directory based upon information derived from the Data; or
(vi) use the Data in any manner or for any purpose that infringes, misappropriates, or otherwise violates any intellectual property right or other rights of any person, or that violates any applicable law.


Reservation of Rights:

Licensor reserves all rights not expressly granted to Licensee in this Data License Agreement (OTS). Except for the limited rights and licenses expressly granted under this Agreement, nothing in this Agreement grants, by implication, waiver, estoppel, or otherwise, to Licensee or any third party any intellectual property rights or other rights, title, or interest in or to the Data.

Delivery:

Licensor shall deliver the Data electronically, on tangible media, or by other means. Risk of loss of any tangible media on which the Data is delivered will pass to Licensee on delivery to the carrier.

Data Security

The Licensee shall not export, re-export, or release the Data, nor make the Data accessible from any jurisdiction or country where, in accordance with the law, rule, or regulation, such actions are prohibited, either directly or indirectly.

Intellectual Property Ownership

Licensee acknowledges that, as between Licensee and Licensor, Licensor owns all right, title, and interest, including all intellectual property rights, in and to the Data. It further acknowledges that:
(a) the Data constitutes an original compilation protected by the Copyright Act of India;
(b) the Licensor has dedicated substantial resources to collecting, managing, and compiling the Data; and
(c) the Data includes trade secrets of the Licensor.
Licensor may terminate this Data License Agreement (OTS) without advance notice to Licensee or an opportunity for Licensee to cure and without further obligation or liability if Licensee contests any of Licensor’s right, title, or interest in or to the Data, including without limitation, in a judicial proceeding anywhere throughout the world.

Disclaimer of Warranties

The data is provided “as is” and the licensor hereby disclaims all warranties, whether express, implied, statutory, or otherwise. Licensor specifically disclaims all implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement, and all warranties arising from the course of dealing, usage, or trade practice. Licensor makes no warranty of any kind that the data, or any products or results of its use, will meet licensee’s or any other person’s requirements, operate without interruption, achieve any intended result, be compatible or work with any software, system, or other services, or be secure, accurate, complete, free of harmful code, or error-free.

Indemnification

Licensor Indemnification:

    1. Licensor shall indemnify, defend, and hold harmless Licensee from and against any and all losses, damages, liabilities, or costs (including attorneys’ fees) (“Losses”) incurred by Licensee resulting from any third-party claim, suit, action, or proceeding (“Third-Party Claim”) that Licensee’s Permitted Use of the Data infringes or misappropriates such third party’s intellectual property rights, provided that Licensee promptly notifies Licensor in writing of the claim, cooperates with Licensor, and allows Licensor sole authority to control the defense and settlement of such claim.
    2. If such a claim is made or appears possible, the Licensee agrees to permit the Licensor, at the Licensor’s sole discretion, to either (A) modify or replace any such infringing material to make it non-infringing, or (B) obtain rights to continue its use. Moreover, if the Licensor determines that neither of these alternatives is reasonably available, the Licensor may terminate this Data License Agreement (OTS), either in its entirety or with respect to the affected part or feature of the Data, effective immediately upon written notice to the Licensee.

The laws of India will govern and interpret this Agreement, particularly without regard to its conflict of laws provisions. Moreover, the parties involved shall exclusively institute any legal suit, action, or proceeding arising out of this Agreement or the Services provided hereunder in the courts of India.

Licensee Indemnification:

Licensee shall indemnify, hold harmless, and, at Licensor’s option, defend Licensor from and against any Losses resulting from any Third-Party Claim based on Licensee’s: (i) negligence or willful misconduct; or (ii) use of the Data in a manner not authorized by this Agreement, provided that Licensee may not settle any Third-Party Claim against Licensor unless such settlement completely and forever releases Licensor from all liability with respect to such Third-Party Claim or unless Licensor consents to such settlement, and further provided that Licensor shall have the right, at its option, to defend itself against any such Third-Party Claim or to participate in the defence thereof by counsel of its own choice.

Sole Remedy:

This section 5 sets forth the licensee’s sole remedies and licensor’s sole liability and obligation for any actual, threatened, or alleged claims that the data infringes, misappropriates or otherwise violates any intellectual property rights of any third party.

Limitation of Liability

Under no circumstances will the licensor bear liability for any claims related to this agreement, whether arising from legal or equitable theories. Notably, this includes, but is not limited to, breach of contract, tort (including negligence), and strict liability. Furthermore, the licensor will not be responsible for (a) any consequential, incidental, indirect, exemplary, special, enhanced, or punitive damages; (b) increased costs, reduced value, or lost business, production, revenues, or profits; (c) loss of goodwill or reputation; or (d) any issues arising from use, inability to use, loss, interruption, delay, or recovery of services.

Term and Termination

Term:

The term of this License begins on the Effective Date and will continue in effect until terminated pursuant to Section 7(b).

Termination:


In addition to any other express termination right set forth elsewhere in this Agreement: the Licensor may terminate this Agreement, effective on written notice to the other Party, given a 60-day notice.

Effect of Expiration or Termination:

Upon termination as stated in Section 7b, the license granted hereunder will also terminate, and, without limiting Licensee’s obligations under Section 2, Licensee shall cease using and delete, destroy, or return all copies of the Data and certify in writing to the Licensor that the Data has been deleted or destroyed. No expiration or termination will affect Licensee’s obligation to pay all Fees that may have become due before such expiration or termination, or entitle Licensee to any refund.

Survival:

Any rights, obligations, or required performance of the parties in this Agreement which, by their express terms or due to their nature and context, are intended to survive the termination or expiration of this Agreement, will survive such termination or expiration. Specifically, this includes the rights and obligations set forth in this Section 7(d) as well as Section 1, Section 2, Section 3, Section 5, Section 6, and Section 8.

Miscellaneous 

Entire Agreement:

This Agreement, together with any other documents incorporated herein by reference and all related Exhibits, constitutes the sole and entire agreement of the appearing Parties with respect to the subject matter of this Agreement and supersedes all prior and contemporaneous understandings, agreements, and representations and warranties, both written and oral, with respect to the such subject matter. In the event of any inconsistency between the statements made in the body of this Agreement, the related Exhibits, and any other documents incorporated herein by reference, the following order of precedence governs: (i) first, this Agreement, excluding its Exhibits; (ii) second, the Exhibits to this Agreement as of the Effective Date; and (iii) third, any other documents incorporated herein by reference.

Notices:

All notices, requests, consents, claims, demands, waivers, and other communications hereunder (each, a “Notice”) must be in writing and addressed to the Parties at the addresses set forth on the first page of this Agreement (or to such other address that may be designated by each Party from time to time in accordance with this Section). The Parties shall deliver Notices by personal delivery, courier, or email (with confirmation of transmission) or certified or registered mail. Except as otherwise provided in this Agreement, a Notice is effective only: (i) upon receipt by the receiving Party, and (ii) if the Party giving the Notice has complied with the requirements of this Section.

Amendment and Modification; Waiver:

No amendment to or modification of this Agreement is effective unless it is in writing and signed by an authorized representative of each Party. No waiver by any Party of any of the provisions hereof will be effective unless explicitly set forth in writing and signed by the Party so waiving. Except as otherwise set forth in this Agreement, (i) no failure to exercise, or delay in exercising, any rights, remedy, power, or privilege arising from this Agreement will operate or be construed as a waiver thereof and (ii) no single or partial exercise of any right, remedy, power, or privilege hereunder will preclude any other or further exercise thereof or the exercise of any other right, remedy, power, or privilege.

Severability:

If any provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability will not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal, or unenforceable, the Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible.

Governing Law and Venue: 

The laws of India will govern and interpret this Agreement, specifically without regard to its conflict of laws provisions. Furthermore, the parties involved shall exclusively institute any legal suit, action, or proceeding arising out of this Agreement or the Services provided hereunder in the courts of India.

Assignment:

Licensee may not assign or transfer any of its rights or delegate any of its obligations hereunder, in each case whether voluntarily, involuntarily, by operation of law, or otherwise, without the prior written consent of Licensor. Any purported assignment, transfer, or delegation in violation of this Section is null and void. No assignment, transfer, or delegation will relieve the assigning or delegating Party of any of its obligations hereunder. This Agreement is binding solely upon to the benefit of the appearing Parties hereto.

Export Regulation:

The Data may be subject to Indian export control laws. The Licensee shall not export, re-export, or release the Data, or make the Data accessible from, any jurisdiction or country where law, rule, or regulation prohibits such actions, either directly or indirectly. The licensee shall comply with all applicable laws, regulations, and rules, and complete all required undertakings (including obtaining any necessary export license or other governmental approval), prior to exporting, re-exporting, releasing, or otherwise making the Data available outside India.

Equitable Relief:

Each Party acknowledges and agrees that a breach or threatened breach by such Party of any of its obligations under Section 2 or, in the case of Licensee, Section 1(b), would cause the other Party irreparable harm, for which monetary damages would not be an adequate remedy. Therefore, in the event of such breach or threatened breach, the other Party will be entitled to equitable relief, including a restraining order, an injunction, specific performance, and any other relief that may be available from any court, without any requirement to post a bond or other security, or to prove actual damages or that monetary damages are inadequate. Moreover, such remedies are not exclusive and are in addition to all other remedies that may be available at law, in equity, or otherwise.

Auditing Rights and Required Records:

Licensee agrees to maintain complete and accurate records in accordance with generally accepted accounting principles during the Term and for a period of two years after the termination or expiration of this Agreement with respect to matters necessary for accurately determining amounts due hereunder. Licensor may, at its own expense, on reasonable prior notice, periodically inspect and audit Licensee’s records with respect to matters covered by this Agreement.

EXHIBIT A

Capitalized terms used but not defined in this Exhibit A have the meaning given to those terms in the Agreement.

  • DESCRIPTION OF DATA:

    Digital assets for training and/or testing of speech, NLP, computer vision, and other AI models.

  • PERMITTED USE(S):

    Use of the Data for the benefit of the Licensee in the ordinary course of its internal business operations.

  • DATA SECURITY:

    The Licensee shall use all reasonable legal, organizational, physical, administrative, and technical measures, along with security procedures to safeguard and ensure the security of the Data. Moreover, these measures will be employed to protect the Data from unauthorized access, disclosure, duplication, use, modification, or loss.

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