2. End User License Agreement (EULA) / Yazılım Kullanım Sözleşmesi

This Software Usage License Agreement ("License Agreement") is executed between the following parties:

  1. Ratio Energy Inc. ("Licensor"): Registered with the Ankara Trade Registry under registration number 7342655650 and Mersis Number 0734265565000001, located at Cevizlidere Mah. Mevlâna Bulv. No:221 İç Kapı No:105 Çankaya/Ankara.

  2. Licensee: The user who registers on the website registered at the domain addresses ratiosim.com and/or app.ratiosim.com, managed by the Licensor, and obtains a software usage license by approving this Software License Agreement.

In this Agreement, "Licensor" and "Licensee" shall hereinafter be referred to individually as a "Party" and collectively as the "Parties."


1. Definitions

In this License Agreement, the following definitions apply:

  • Update Services: Services provided by the Licensor to the Licensee for updates to the Software during the Agreement Term as part of the Licensee's Usage License.

  • Documentation: Documents provided by the Licensor to guide the use of the Software, accessible after the License Agreement is approved by the Licensee.

  • Affiliated Party: An organization that controls, is controlled by, or shares common control with a Party.

  • User: Individuals authorized by the Licensee to use the Software.

  • Usage License: A non-exclusive, non-transferable, and non-sublicensable right to use the Software.

  • Terms of Use: Conditions governing registration, Platform use, and benefit from the Software.

  • Licensee: The individual or entity purchasing the Software Usage License.

  • License Fee: Monthly or annual fee for the Usage License.

  • Licensor: Ratio Energy Inc., the owner of intellectual and industrial property rights for the Software.

  • Platform: Websites ratiosim.com and app.ratiosim.com where the Software Usage License can be purchased.

  • Agreement Term: License duration or demo period selected by the Licensee.

  • Third-Party Software: Software integrated with or provided with the Software, owned by third parties.

  • Software: The computer program named RatioSIM, developed by the Licensor.

  • Software Services: Functionalities and services provided to the Licensee through the Software.


2. Interpretation Rules

2.1 Unless specified otherwise, the following rules apply:

2.2 Annexes to this License Agreement form an integral part of this Agreement.

2.3 Division into sections, articles, and headings is solely for reference and shall not affect interpretation.

2.4 “Including” means “including without limitation” unless otherwise specified.


3. Subject of the Agreement

This License Agreement establishes the mutual rights and obligations of the Parties regarding the Licensor's provision of the Usage License and Update Services to the Licensee.


4. General Conditions of the Usage License

4.1 Term: The Usage License is valid for the Agreement Term. Renewal terms and fees apply as specified.

4.2 Server: The Software is provided via Amazon AWS, Google Cloud, and/or Microsoft Azure servers, with conditions set by the Licensor.

4.3 Number of Users: Limits on the number of Users and additional fees for exceeding limits are as specified on ratiosim.com and/or app.ratiosim.com.

4.4 Use of the Software: The Licensee may start using the Software after approving this License Agreement.

4.5 Issue Reporting: Issues with the Software should be reported to the Licensor.

4.6 Service Scope: The service scope is accessible via ratiosim.com and/or app.ratiosim.com.

4.7 License Fee and Update Services Fee: Fees and payment terms are as specified on the Platform.


5. Rights and Obligations of the Parties

5.1 Licensee's right to use the Software is limited to their internal data processing needs.

5.2 Licensee acknowledges Third-Party Software terms and potential liability for violations.

5.3 Licensor may require Software activation or verification, which may involve the transmission of certain data.

5.4 Approval of the License Agreement also includes acceptance of the Terms of Use.

5.5 Licensor reserves the right to suspend or terminate access for unauthorized use.

5.6 The Licensor reserves the right to limit, block, or seek compensation for illegal activities.

5.7 Licensor may modify or temporarily suspend the Platform for technical issues.

5.8 Licensor does not guarantee uninterrupted use or freedom from technical issues.


6. Intellectual and Industrial Property Rights

6.1 Licensor retains all intellectual and industrial property rights.

6.2 Licensee and Users may not copy, alter, or exploit the Software’s source code.

6.3 Altering or copying elements showing ownership constitutes copyright infringement.

6.4 Licensee must obtain licenses for third-party software required to run the Software.

6.5 Licensor has the right to audit the Licensee to verify compliance.


7. Liability

7.1 Licensor is not liable for issues caused by improper use, hardware issues, or third-party software.

7.2 Licensee and/or User may not transfer or sublicense the Software.

7.3 Licensee must comply with national legislation and terms of use for Third-Party Software.

7.4 Licensee is responsible for ensuring compliance by Users and is liable for violations.

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