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Bankerise Enterprise Software License Agreement

Version

1.0

Product Version

Bankerise Platform Version 4

Effective Date

September 2022

1 Introduction

This Enterprise Software License Agreement (« Agreement ») governs the licensing and use of the Bankerise Platform (« Platform ») provided by Proxym Group (« Vendor ») to the entity acquiring a license to use the Platform (« Licensee »).

By installing, accessing, deploying, or using the Platform, Licensee agrees to be bound by the terms of this Agreement and any applicable Enterprise Agreement, Order Form, Statement of Work, or other written agreement executed between Vendor and Licensee.

The Platform is commercial proprietary software intended for enterprise deployment, including on-premises and private cloud environments.

2 Definitions

"Platform" means the Bankerise software platform, including:

  • software components;
  • runtime components;
  • application framework;
  • APIs;
  • SDKs;
  • libraries;
  • documentation;
  • configuration capabilities;
  • updates and improvements made available by Vendor.

The Platform is designed to enable Licensees and their authorized partners to build, configure, integrate, and operate software solutions.

"Customer Solution" means any application, workflow, configuration, integration, customization, business process, or software solution created, configured, or deployed by Licensee using the Platform.

"Customer Data" means all data, information, content, records, and materials introduced, generated, or processed by Licensee or its users through a deployment of the Platform.

"Vendor" means Proxym Group, the owner and provider of the Bankerise Platform.

3. License Grant

Subject to the terms of this Agreement and payment of applicable license fees, Vendor grants Licensee a limited, non-exclusive, non-transferable, non-sublicensable license to deploy and use the Platform solely for Licensee’s internal business purposes.

The scope of the license, including authorized environments, users, capacity, entities, geographic restrictions, and duration, is defined by the applicable Enterprise Agreement or Order Form.

Unless expressly agreed otherwise in writing, the license does not include:

  • transfer of ownership;
  • access to Platform source code;
  • rights to distribute the Platform;
  • rights to commercially exploit the Platform independently.

4. Intellectual Property Ownership

Vendor retains all rights, title, and interest in and to the Platform, including:

  • software architecture;
  • source code;
  • object code;
  • frameworks;
  • technical concepts;
  • documentation;
  • APIs;
  • design elements;
  • know-how;
  • improvements and derivative works.

The license granted under this Agreement does not transfer ownership of the Platform.

Licensee retains ownership of Customer-Specific Extensions created independently by Licensee for its own use, including:

  • custom workflows;
  • business configurations;
  • custom integrations;
  • customer-specific modules;
  • customer-developed applications.
  • customer-developed extensions and overrides

However, any modification, extension, or derivative work that incorporates or relies upon Vendor proprietary components remains subject to this Agreement.

5. License Restrictions

Licensee shall not:

  • reverse engineer, decompile, disassemble, or attempt to derive source code from the Platform.
  • modify, adapt, or create derivative works of the Platform except where expressly authorized.
  • distribute, resell, sublicense, lease, or provide access to the Platform to unauthorized third parties.
  • remove proprietary notices or copyright information.
  • use the Platform to develop a competing platform.
  • publish security tests, benchmarks, or performance evaluations without prior written authorization from Vendor.

6. Open Source Components

  • The Platform may include third-party open source software components.

  • Such components remain subject to their respective licenses.

  • Vendor will provide applicable third-party license notices and copyright information with distributed software packages where required.

  • Open source components do not modify the proprietary nature of the Bankerise Platform.

7. Deployment Model

The Platform is designed for deployment within environments controlled by Licensee, including:

  • on-premises infrastructure.
  • private cloud environments.
  • dedicated enterprise environments.

Unless expressly agreed otherwise under a separate written agreement, Vendor does not host, operate, administer, or manage Licensee’s deployment environment.

8. Updates and Maintenance

Updates may include:

Major releases may include:

  • architectural changes;
  • significant functional changes;
  • compatibility changes.

Availability of updates, upgrades, and maintenance services is governed by the applicable Enterprise Agreement.

Minor releases may include:

  • improvements;
  • additional capabilities;
  • enhancements.

                                                                                                                                                                                  

Maintenance releases may include:

  • bug fixes.
  • security patches.
  • compatibility updates.

                                                                                                                                                                                                                   

9. Support and Professional Services

Support services, maintenance services, implementation assistance, consulting, customization, migration services, hosting services, security assessments, and operational services are not included within this Agreement unless expressly agreed in writing.

Such services shall be governed exclusively by applicable:

  • Master Services Agreements;
  • Statements of Work;
  • Professional Services Agreements;
  • Service Level Agreements.

Performance of professional services by Vendor does not modify the allocation of responsibilities established by this Agreement unless expressly stated in writing.

10. Confidentiality

Each party may receive confidential information from the other party.

Confidential information includes, but is not limited to:

  • technical documentation;
  • architecture information;
  • software design;
  • security information;
  • deployment procedures;
  • pricing information;
  • business information.

Each party shall protect confidential information using reasonable measures and shall not disclose such information to unauthorized third parties.

11. Customer Data

Licensee retains all ownership rights over Customer Data.

Unless otherwise agreed in writing, Vendor:

  • does not own Customer Data;
  • does not use Customer Data for its own purposes;
  • does not operate Licensee environments;
  • does not control Licensee security policies.

Licensee remains responsible for:

  • lawful processing of data;
  • regulatory compliance;
  • data retention policies;
  • backups;
  • encryption;
  • access management;
  • security controls.

12. Shared Responsibility Model

The parties acknowledge that the security and operation of a Bankerise deployment follows a shared responsibility model.

Vendor is responsible for:

  • security of the Bankerise Platform as delivered;
  • maintaining proprietary software components;
  • addressing identified product vulnerabilities according to applicable maintenance agreements;
  • providing product documentation.

Licensee is responsible for:

  • infrastructure security;
  • hosting environment;
  • operating systems;
  • databases;
  • networking;
  • firewall configuration;
  • identity and access management;
  • user permissions;
  • secrets management;
  • encryption keys;
  • backups;
  • disaster recovery;
  • monitoring;
  • vulnerability assessments;
  • penetration testing;
  • compliance obligations.

                                                                                                                                                                                                                                 

13. Platform Nature and Customer Responsibilities

Bankerise is a configurable application platform intended to enable Licensees and their partners to build software solutions.

Vendor does not warrant that Customer Solutions developed using the Platform will:

  • satisfy Licensee business requirements;
  • comply with applicable laws or regulations;
  • achieve specific financial, operational, or commercial outcomes;
  • operate without errors caused by configuration, customization, integration, or third-party components.

Licensee remains responsible for validating, testing, approving, and operating Customer Solutions.

14. Artificial Intelligence Features

  • The Platform may include optional artificial intelligence or machine learning capabilities.
  • AI-generated outputs may depend on configuration, available data, models, and external services.
  • Licensee remains responsible for reviewing and validating AI-generated outputs before relying on them for financial, regulatory, legal, or operational decisions.

15. Warranty Disclaimer

Except as expressly provided in an applicable Enterprise Agreement, the Platform is provided « as is ».

Vendor does not warrant that:

  • the Platform will operate without interruption.
  • all defects will be corrected.
  • the Platform will satisfy all Licensee requirements.
  • Customer Solutions created using the Platform will achieve specific results.

16. Limitation of Liability

To the maximum extent permitted by applicable law, Vendor shall not be liable for:

  • indirect damages
  • consequential damages
  • loss of profits
  • loss of revenue
  • loss of business opportunities
  • loss of data
  • damages resulting from Customer Solutions or third-party components.

Vendor’s total aggregate liability arising from this Agreement shall not exceed the license fees actually paid by Licensee to Vendor during the twelve (12) months preceding the event giving rise to liability.

This limitation does not apply where prohibited by applicable law.

17. Indemnification

Licensee shall indemnify Vendor against claims arising from:

  • Customer Solutions developed using the Platform;
  • Licensee configurations;
  • Licensee data;
  • third-party integrations;
  • regulatory obligations applicable to Licensee activities.

Vendor shall defend Licensee against claims that the unmodified Platform infringes third-party intellectual property rights, subject to applicable contractual conditions.

18. Termination

Vendor may terminate this Agreement if Licensee:

  • materially breaches this Agreement;
  • fails to pay applicable fees;
  • violates license restrictions.

Upon termination:

  • Licensee shall stop using the Platform
  • Licensee shall remove deployed copies where legally required
  • confidentiality obligations remain applicable.

19. Export Compliance

Licensee shall comply with applicable export control laws and regulations related to the use and deployment of the Platform.

20. Governing Law

  • This Agreement shall be governed by and interpreted according to the laws of France.
  • Any dispute arising from this Agreement shall be subject to the competent courts according to applicable French law.

21. Miscellaneous

This Agreement does not create:

  • a partnership;
  • employment relationship;
  • agency relationship.

If any provision is found invalid, the remaining provisions remain effective.

This Agreement represents the general licensing terms for the Bankerise Platform. Specific commercial terms may be defined in separate written agreements between Vendor and Licensee.