1) Preamble: This Agreement, created on Mar 25, 2013 [hereinafter: Effective
Date] governs the relationship between End User, a private person, (hereinafter:
Licensee) and Two Bit Fool, LLC., a duly registered company in NY, United States
whose principal place of business is 90 Chardonnay Drive, NY, United States
(Hereinafter: Licensor). This Agreement sets the terms, rights, restrictions and
obligations on using [LogChop Client] (hereinafter: The Software) created and
owned by Licensor, as detailed herein

2) License Grant: Licensor hereby grants Licensee a Personal, Non-assignable &
non-transferable, Commercial, Royalty free, Without the rights to create
derivative works, Non-exclusive license, all with accordance with the terms set
forth and other legal restrictions set forth in 3rd party software used while
running Software.

  2.1) Limited: Licensee may use Software for the purpose of:

    2.1.1) Running Software on Licensee’s Website[s] and Server[s];

    2.1.2) Allowing 3rd Parties to run Software on Licensee’s Website[s] and

    2.1.3) Publishing Software’s output to Licensee and 3rd Parties;

    2.1.4) Distribute verbatim copies of Software’s output (including compiled

  2.2) Binary Restricted: Licensee may sublicense Software as a part of a larger
  work containing more than Software, distributed solely in Object or Binary
  form under a personal, non-sublicensable, limited license.

  2.3) Non Assignable & Non-Transferable: Licensee may not assign or transfer
  his rights and duties under this license.

  2.4) Commercial, Royalty Free: Licensee may use Software for any purpose,
  including paid-services, without any royalties

3) Term & Termination: The Term of this license shall be until terminated.
Licensor may terminate this Agreement, including Licensee’s license in the case
where Licensee :

  3.1) became insolvent or otherwise entered into any liquidation process; or

  3.2) exported The Software to any jurisdiction where licensor may not enforce
  his rights under this agreements in; or

  3.3) Licenee was in breach of any of this license's terms and conditions and
  such breach was not cured, immediately upon notification; or

  3.4) Licensee in breach of any of the terms of clause 2 to this license; or

  3.5) Licensee otherwise entered into any arrangement which caused Licensor to
  be unable to enforce his rights under this License.

4) Upgrades, Updates and Fixes: Licensor may provide Licensee, from time to
time, with Upgrades, Updates or Fixes, as detailed herein and according to his
sole discretion. Licensee hereby warrants to keep The Software up-to-date and
install all relevant updates and fixes. Licensor shall provide any update or
Fix free of charge; however, nothing in this Agreement shall require Licensor
to provide Updates or Fixes.

  4.1) Upgrades: for the purpose of this license, an Upgrade shall be a material
  amendment in The Software, which contains new features and or major
  performance improvements and shall be marked as a new version number. For
  example, should Licensee purchase The Software under version 1.X.X, an upgrade
  shall commence under number 2.0.0.

  4.2) Updates: for the purpose of this license, an update shall be a minor
  amendment in The Software, which may contain new features or minor
  improvements and shall be marked as a new sub-version number. For example,
  should Licensee purchase The Software under version 1.1.X, an upgrade shall
  commence under number 1.2.0.

  4.3) Fix: for the purpose of this license, a fix shall be a minor amendment in
  The Software, intended to remove bugs or alter minor features which impair the
  The Software's functionality. A fix shall be marked as a new sub-sub-version
  number. For example, should Licensee purchase Software under version 1.1.1, an
  upgrade shall commence under number 1.1.2.

5) Support: Software is provided under an AS-IS basis and without any support,
updates or maintenance. Nothing in this Agreement shall require Licensor to
provide Licensee with support or fixes to any bug, failure, mis-performance or
other defect in The Software.

  5.1) Bug Notification: Licensee may provide Licensor of details regarding any
  bug, defect or failure in The Software promptly and with no delay from such
  event; Licensee shall comply with Licensor's request for information regarding
  bugs, defects or failures and furnish him with information, screenshots and
  try to reproduce such bugs, defects or failures.

  5.2) Feature Request: Licensee may request additional features in Software,
  provided, however, that (i) Licesee shall waive any claim or right in such
  feature should feature be developed by Licensor; (ii) Licensee shall be
  prohibited from developing the feature, or disclose such feature request, or
  feature, to any 3rd party directly competing with Licensor or any 3rd party
  which may be, following the development of such feature, in direct competition
  with Licensor; (iii) Licensee warrants that feature does not infringe any 3rd
  party patent, trademark, trade-secret or any other intellectual property
  right; and (iv) Licensee developed, envisioned or created the feature solely
  by himself.

6) Liability:  To the extent permitted under Law, The Software is provided under
an AS-IS basis. Licensor shall never, and without any limit, be liable for any
damage, cost, expense or any other payment incurred by Licesee as a result of
Software’s actions, failure, bugs and/or any other interaction between The
Software  and Licesee’s end-equipment, computers, other software or any 3rd
party, end-equipment, computer or services.  Moreover, Licensor shall never be
liable for any defect in source code written by Licensee when relying on The
Software or using The Software’s source code.

7) Warranty:

  7.1) Intellectual Property: Licensor hereby warrants that The Software does
  not violate or infringe any 3rd party claims in regards to intellectual
  property, patents and/or trademarks and that to the best of its knowledge no
  legal action has been taken against it for any infringement or violation of
  any 3rd party intellectual property rights.

  7.2) No-Warranty: The Software is provided without any warranty; Licensor
  hereby disclaims any warranty that The Software shall be error free, without
  defects or code which may cause damage to Licensee’s computers or to Licensee,
  and that Software shall be functional. Licensee shall be solely liable to any
  damage, defect or loss incurred as a result of operating software and
  undertake the risks contained in running The Software on License’s Server[s]
  and Website[s].

  7.3) Prior Inspection: Licensee hereby states that he inspected The Software
  thoroughly and found it satisfactory and adequate to his needs, that it does
  not interfere with his regular operation and that it does meet the standards
  and scope of his computer systems and architecture. Licensee found that The
  Software interacts with his development, website and server environment and
  that it does not infringe any of End User License Agreement of any software
  Licensee may use in performing his services. Licensee hereby waives any claims
  regarding The Software's incompatibility, performance, results and features,
  and warrants that he inspected the The Software.

8) No Refunds: Licensee warrants that he inspected The Software according to
clause 7(c) and that it is adequate to his needs. Accordingly, as The Software
is intangible goods, Licensee shall not be, ever, entitled to any refund,
rebate, compensation or restitution for any reason whatsoever, even if The
Software contains material flaws.

9) Indemnification: Licensee hereby warrants to hold Licensor harmless and
indemnify Licensor for any lawsuit brought against it in regards to Licensee’s
use of The Software in means that violate, breach or otherwise circumvent this
license, Licensor's intellectual property rights or Licensor's title in The
Software. Licensor shall promptly notify Licensee in case of such legal action
and request Licensee’s consent prior to any settlement in relation to such
lawsuit or claim.

10) Governing Law, Jurisdiction: Licensee hereby agrees not to initiate class-
action lawsuits against Licensor in relation to this license and to compensate
Licensor for any legal fees, cost or attorney fees should any claim brought by
Licensee against Licensor be denied, in part or in full.