FOUNDRY END USER LICENSE AGREEMENT

Copyright (c) 2026 Art Le Bel (art@artlebel.com). All rights reserved.

This End User License Agreement ("Agreement") is a legal agreement between you (an individual or a
single legal entity, "you") and Art Le Bel ("Licensor") for the Foundry software, including its
executables, libraries, interface, built-in effects, instruments, presets, sounds, documentation,
installers and any updates the Licensor provides (together, the "Software").

BY INSTALLING, COPYING OR USING THE SOFTWARE, YOU AGREE TO THIS AGREEMENT. IF YOU DO NOT AGREE, DO NOT
INSTALL OR USE THE SOFTWARE.

1. LICENCE GRANT

   Subject to this Agreement and to payment of any applicable fee, the Licensor grants you a
   non-exclusive, non-transferable, non-sublicensable licence to install and use the Software, in
   object code form only, for your personal or commercial music and audio production:

   a. on the computers you own or control, used by one person at a time, for a single-user licence; or
   b. as stated in the purchase terms, order confirmation or licence key you received, which control
      if they grant more or different rights.

   An evaluation, trial or not-for-resale copy may be used only for evaluation, for the period and
   with the limits stated when it was provided.

2. YOUR WORK

   You own the projects, recordings, mixes, exports and other material you create with the Software
   ("Your Work"). The Licensor claims no rights in Your Work. The built-in presets, sounds and drum
   voices may be used in Your Work, including commercially released Your Work, without further
   permission or royalty, but may not be redistributed on their own or as part of a competing
   product (for example, a preset, sample or sound library).

3. RESTRICTIONS

   Except as this Agreement expressly allows, or as applicable law permits despite this limitation,
   you may not:

   a. copy the Software, except for installation and a reasonable number of backup copies;
   b. sell, rent, lease, lend, sublicense, distribute, publish or otherwise make the Software
      available to anyone else, including as a hosted or network service;
   c. modify, translate, adapt or create derivative works of the Software;
   d. reverse engineer, decompile or disassemble the Software;
   e. remove, alter or obscure any copyright, trademark or other notice in the Software; or
   f. circumvent any licence key, activation or other technical measure that controls access to the
      Software.

4. OWNERSHIP

   The Software is licensed, not sold. The Licensor and its licensors own all right, title and
   interest in the Software, including all intellectual property rights. All rights not expressly
   granted to you are reserved. "Foundry" and its logo are trademarks of the Licensor.

5. SOURCE CODE

   Unless the Licensor has given you a separate written agreement, no right is granted to the
   Software's source code. Source code the Licensor makes available to you is confidential
   information of the Licensor and may be used only as that agreement allows.

6. THIRD-PARTY COMPONENTS AND PLUGINS

   a. The Software includes third-party components, which are licensed under their own terms. Those
      terms are listed in the THIRD-PARTY-NOTICES file supplied with the Software, and they control
      that component where they conflict with this Agreement. Where a component's licence gives you
      rights (for example, the right to replace an LGPL-licensed library with a modified version),
      nothing in this Agreement limits those rights.
   b. The Software can load third-party audio plugins (such as VST3 plugins) that you choose. Those
      plugins are not part of the Software; they are licensed to you by their own vendors, and the
      Licensor is not responsible for them or for what they do.
   c. VST is a trademark of Steinberg Media Technologies GmbH. ASIO is a trademark and software of
      Steinberg Media Technologies GmbH.

7. UPDATES AND SUPPORT

   The Licensor may provide updates, upgrades or fixes, which are part of the Software under this
   Agreement unless they come with their own terms. The Licensor has no obligation to provide
   updates or support unless agreed in writing.

8. TERMINATION

   This Agreement continues until terminated. It ends automatically if you fail to comply with it.
   You may end it at any time by uninstalling and deleting all copies of the Software. When it ends,
   you must stop using the Software and delete all copies. Sections 2, 4, 5, 9, 10, 11 and 12
   survive termination. Your ownership of Your Work is not affected by termination.

9. DISCLAIMER OF WARRANTIES

   TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SOFTWARE IS PROVIDED "AS IS" AND "AS
   AVAILABLE", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF
   MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT. THE LICENSOR DOES
   NOT WARRANT THAT THE SOFTWARE WILL BE UNINTERRUPTED OR ERROR-FREE, OR THAT IT WILL NOT LOSE OR
   DAMAGE DATA. KEEP BACKUPS OF YOUR WORK. Some jurisdictions do not allow the exclusion of implied
   warranties, so some of these exclusions may not apply to you.

10. LIMITATION OF LIABILITY

   TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE LICENSOR WILL NOT BE LIABLE FOR ANY
   INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF DATA,
   RECORDINGS, PROFITS, REVENUE OR BUSINESS, ARISING OUT OF OR RELATED TO THE SOFTWARE OR THIS
   AGREEMENT, EVEN IF ADVISED OF THEIR POSSIBILITY. THE LICENSOR'S TOTAL LIABILITY UNDER THIS
   AGREEMENT WILL NOT EXCEED THE AMOUNT YOU PAID FOR THE SOFTWARE. Nothing in this Agreement limits
   liability that cannot be limited by law, or rights you have as a consumer that cannot be waived.

11. EXPORT

   You must comply with all export and import laws and regulations that apply to the Software.

12. GENERAL

   This Agreement, together with any purchase terms referred to in Section 1, is the entire agreement
   between you and the Licensor about the Software. If any provision is held unenforceable, it will
   be enforced to the maximum extent permissible and the rest of this Agreement remains in effect.
   A failure to enforce a provision is not a waiver. You may not assign this Agreement without the
   Licensor's written consent. This Agreement is governed by the laws of the jurisdiction in which
   the Licensor resides, excluding its conflict-of-laws rules and the United Nations Convention on
   Contracts for the International Sale of Goods.

Questions about this Agreement: Art Le Bel, art@artlebel.com
