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PSIM License Agreement
PSIM License Agreement
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www.powersimtech.com
5/2013
LICENSE DURATION
The following license durations are provided for the Software:
Term License. For Term License, the Software will expire automatically after the corresponding period of
the term licensed. You understand that the Software will stop working unless you pay the then term License
fee and renews the license.
Perpetual License. For Perpetual License, you shall have the right to use the Software indefinitely, subject
to the termination provisions of this Agreement.
ACADEMIC LICENSES
Academic licenses purchased under academic prices shall be used by degree-granting educational institutions only
for the purpose of teaching and noncommercial, academic research.
Furthermore, Academic Classroom Licenses are further restricted to use by students in connection with on-campus
classroom teaching only. The use of Academic Classroom Licenses for research and any other purposes is
prohibited.
LIMITED WARRANTY
For a period of 30 days from the date of the receipt of the Software, Powersim warrants that the Software, if
operated as directed, will substantially achieve the functionality described in the documentation. Powersim also
warrants that the media containing the Software is free from defects in materials and workmanship. However,
Powersim does not warrant that your use of the Software will be uninterrupted or that the operation of the Software
will be error-free. Provided that you return the item with a copy of your receipt within the 30-day period, Powersim
should, in its sole discretion, either (a) correct the non-conformance of the Software, or (b) replace the defected
media and/or documentation, or (c) advise you how to substantially achieve the same functionality as described in
the documentation through a procedure different from that set forth in the documentation, or (d) refund the license
fee.
LIMITATION OF LIABILITY
Powersim makes no representation or warranty with respect to the adequacy or accuracy of this documentation or
the Software which it describes. In no event will Powersim or its direct or indirect suppliers be liable for any
damages whatsoever including, but not limited to, direct, indirect, incidental, or consequential damages of any
character including, without limitation, loss of business profits, business information, or any and all other
commercial damages or losses, or for any damages in excess of the license fee paid by you for the Software and
documentation.
Some states or jurisdictions do not allow the limitation or exclusion of liability for incidental or consequential
damages, so the above limitations or exclusions may not apply to you.
TERMINATION
This Agreement and your license to use the Software will automatically terminate without notice if you fail to comply
with any provision of this Agreement. Upon termination, you should within ten (10) days return to Powersim all
copies of the Software. You may also terminate this Agreement at any time by destroying all copies of the Software
and documentations. All disclaimers of warrants and limitation of liability set forth in this Agreement shall survive
any termination of this Agreement.
GENERAL
This software product is protected by applicable United States and International copyright laws and international
treaty provisions.
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www.powersimtech.com