Software License Agreement
Last updated: August 2025
This Software License Agreement governs the use of software systems, applications, and platforms developed or provided by SmartNetic Pty Ltd ("SmartNetic").
1. License Grant
SmartNetic grants clients a non-exclusive, non-transferable license to use software systems provided as part of SmartNetic services.
This license allows the client to use the software for its intended business purposes while the associated service agreement or subscription remains active.
2. Ownership
All software, source code, architecture, frameworks, automation systems, and supporting tools developed by SmartNetic remain the intellectual property of SmartNetic unless explicitly transferred in writing.
Clients are granted usage rights only and do not receive ownership of the underlying code unless a separate written agreement specifies otherwise.
3. Restrictions
Clients may not:
• copy or redistribute SmartNetic software
• reverse engineer systems or software
• modify or attempt to extract source code
• resell or sublicense SmartNetic software without permission
Unauthorized use may result in termination of the license.
4. Subscription Software
Where software is provided under a subscription model:
• access to the software remains active only while payments are up to
date
• SmartNetic may suspend access if accounts are overdue
5. Custom Development
Where custom software is developed, ownership and licensing terms may be defined in a separate project agreement.
Unless otherwise agreed, SmartNetic retains the right to reuse underlying frameworks, libraries, and technical components.
6. Termination
This license automatically terminates if:
• the service agreement is terminated
• the client violates this agreement
• subscription payments remain unpaid
Upon termination the client must cease using the software.
7. Limitation of Liability
SmartNetic shall not be liable for any damages arising from the use or inability to use the software, including:
• loss of business
• loss of profits
• operational disruptions
8. Governing Law
This agreement is governed by the laws of South Africa.