Ownership
The Software is licensed, not sold. All right, title, and interest remain exclusively with Trednets B.V.
Trednets Enterprise Software License
TESL — Version 1.2
Effective date: 8 March 2026 · Copyright © 2014–2026 Trednets B.V. All rights reserved.
Trednets B.V. is a private limited liability company incorporated under the laws of The Netherlands (KvK registration on file).
Preamble
READ THIS LICENSE CAREFULLY BEFORE INSTALLING, COPYING, OR USING THE SOFTWARE. BY TAKING ANY OF THOSE ACTIONS YOU AGREE TO BE BOUND BY THE TERMS BELOW. IF YOU DO NOT AGREE, DO NOT INSTALL, COPY, OR USE THE SOFTWARE AND, WHERE APPLICABLE, RETURN IT TO YOUR SUPPLIER.
This Trednets Enterprise Software License ('Agreement') is a legally binding contract between you (natural person or legal entity, 'Licensee') and Trednets B.V. ('Licensor') governing access to and use of all software, firmware, documentation, updates, and related materials provided under this Agreement (collectively, the 'Software').
1. Definitions
"Authorised User" means any individual employee, contractor, or agent of Licensee who is granted access to the Software solely for Licensee's internal business purposes.
"Confidential Information" means the Software, its source code, object code, algorithms, architecture, trade secrets, and any non-public technical or commercial information disclosed by Licensor.
"Derivative Work" means any work that is based on or derived from the Software, including translations, adaptations, modifications, or enhancements.
"Internal Use" means use of the Software within Licensee's own organisation, excluding any provision of services to third parties.
"Production Environment" means any system, server, or infrastructure processing live operational or commercial data.
2. Ownership & Intellectual Property
All right, title, and interest in and to the Software — including all patents, copyrights, trademarks, trade secrets, and other intellectual property rights — remain the exclusive property of Trednets B.V. This Agreement confers a limited licence only; it does not transfer, convey, or assign ownership of any kind. THE SOFTWARE IS LICENSED, NOT SOLD.
Nothing in this Agreement shall be construed as granting Licensee any rights beyond those expressly stated. All rights not explicitly granted are reserved by Licensor.
3. Grant Of Licence
Subject to Licensee's full compliance with this Agreement and timely payment of all applicable fees, Licensor grants Licensee a limited, non-exclusive, non-transferable, non-sublicensable, revocable licence to:
- install and execute the Software on systems owned or controlled by Licensee;
- permit Authorised Users to access and use the Software for Licensee's Internal Use only;
- make one (1) archival backup copy of the Software, provided all copyright and proprietary notices are preserved intact.
This licence does not include any right to receive source code, updates, or support unless separately agreed in writing.
4. Restrictions On Use
Licensee shall not, and shall ensure that Authorised Users do not, without the prior written consent of Licensor:
- sell, rent, lease, lend, sublicense, assign, or otherwise transfer the Software or any rights under this Agreement to any third party;
- distribute, publish, or make the Software available to any third party by any means, including over a network;
- offer the Software as a service (SaaS, PaaS, or similar model) to third parties, whether commercially or free of charge;
- incorporate the Software into, or bundle it with, any product or service offered to third parties;
- use the Software to develop, directly or indirectly, any product that competes with Licensor's offerings;
- remove, alter, obscure, or deface any copyright notice, trademark, legend, logo, or proprietary marking on or within the Software;
- circumvent, disable, or otherwise interfere with any licence enforcement, technical protection measure, or access control feature;
- exceed any usage limits, seat counts, or environmental restrictions set out in a separate Order Form or Appendix.
5. Derivative Works & Modifications
Creation of Derivative Works based on the Software is not permitted without a separate written authorisation executed by an authorised officer of Trednets B.V. Any Derivative Works created pursuant to such authorisation shall: (a) remain subject to this Agreement; (b) automatically vest all intellectual property rights in Trednets B.V.; and (c) be disclosed to Licensor promptly upon creation.
Configuration, parameterisation, or scripting solely for the purpose of integrating the Software into Licensee's operational environment — without modifying the Software's compiled or interpreted code — shall not constitute a Derivative Work.
6. Reverse Engineering & Decompilation
Licensee shall not reverse engineer, disassemble, decompile, decrypt, or otherwise attempt to derive the source code, architecture, or algorithms of the Software, except solely to the extent that applicable mandatory law expressly and non-waivably requires such permission. Where such mandatory right applies, Licensee shall: (a) notify Licensor in writing in advance; (b) limit the activity strictly to what is required by law; and (c) treat all findings as Confidential Information.
7. Artificial Intelligence & Machine Learning Restrictions
Licensee expressly acknowledges that the Software embodies substantial creative, technical, and commercial value. Accordingly, Licensee shall not use the Software, or any portion thereof, whether directly or indirectly:
- to train, fine-tune, prompt-engineer, or otherwise develop or improve any artificial intelligence, machine learning, deep learning, or large language model;
- to generate, augment, or curate training datasets, evaluation benchmarks, or synthetic data derived from the Software;
- to perform automated or semi-automated code harvesting, static analysis, or behavioural analysis for the purpose of AI model development;
- to distil, replicate, or approximate the functionality or output of the Software in an AI-generated artefact.
This restriction applies regardless of whether the intended AI system is proprietary or open-source, commercial or non-commercial, and regardless of the technical method employed. Any breach of this Section is deemed a material breach of this Agreement.
8. Confidentiality
Licensee shall: (a) hold all Confidential Information in strict confidence; (b) use Confidential Information solely for the purposes permitted under this Agreement; (c) restrict access to Confidential Information to Authorised Users who have a need to know and who are bound by obligations at least as protective as this Agreement; and (d) promptly notify Licensor upon becoming aware of any actual or suspected unauthorised disclosure.
These obligations survive termination of this Agreement for a period of five (5) years, or indefinitely with respect to trade secrets.
9. Security Research & Responsible Disclosure
Where Licensee discovers a potential security vulnerability in the Software, Licensee shall follow Licensor's responsible disclosure policy in force at the time, which requires:
- prompt written notification to [email protected], with reasonable detail to enable reproduction and assessment;
- a minimum cure period of ninety (90) days from Licensor's written acknowledgement before any public disclosure;
- cooperation with Licensor during investigation and remediation, including providing all reasonably requested information.
Licensee shall not exploit any vulnerability for any purpose beyond confirming its existence, and shall not publicly disclose or share vulnerability details with any third party (including bug-bounty platforms) until Licensor has issued a patch or expressly consented in writing. Unauthorised exploitation or premature public disclosure constitutes a material breach of this Agreement.
10. Third-Party Components
The Software may incorporate third-party open-source or commercial components. A current list of such components and their respective licences is available upon written request to [email protected]. Each third-party component remains governed by its own licence terms; nothing in this Agreement modifies or supersedes those terms. Licensor makes no representation or warranty regarding third-party components beyond what their respective licensors provide.
11. Disclaimer Of Warranties
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SOFTWARE IS PROVIDED 'AS IS' AND 'AS AVAILABLE' WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. LICENSOR EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, ACCURACY, AND NON-INFRINGEMENT.
Licensor does not warrant that the Software will be error-free, uninterrupted, or free of harmful code, or that defects will be corrected. Licensee assumes all risk associated with the use of the Software.
12. Limitation Of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL LICENSOR, ITS DIRECTORS, OFFICERS, EMPLOYEES, AFFILIATES, AGENTS, CONTRACTORS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO: LOSS OF PROFITS, LOSS OF REVENUE, LOSS OF DATA, BUSINESS INTERRUPTION, LOSS OF GOODWILL, OR COST OF SUBSTITUTE GOODS OR SERVICES — HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT — EVEN IF LICENSOR HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
IN NO EVENT SHALL LICENSOR'S TOTAL CUMULATIVE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT EXCEED THE GREATER OF: (A) THE FEES PAID BY LICENSEE TO LICENSOR IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO LIABILITY; OR (B) EUR 500. THE FOREGOING LIMITATIONS REFLECT A REASONABLE ALLOCATION OF RISK AND ARE AN ESSENTIAL BASIS OF THE BARGAIN BETWEEN THE PARTIES.
13. Indemnification
Licensee shall indemnify, defend, and hold harmless Licensor and its officers, directors, employees, and agents from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising out of or related to: (a) Licensee's breach of this Agreement; (b) Licensee's use of the Software in violation of applicable law; or (c) any claim by a third party arising from Licensee's use of the Software in a manner not authorised by this Agreement.
14. Term And Termination
This Agreement is effective from the date Licensee first installs, copies, or uses the Software and continues until terminated.
Licensor may terminate this Agreement immediately upon written notice if Licensee: (a) materially breaches any provision of this Agreement and fails to cure such breach within fourteen (14) days of written notice (where the breach is capable of cure); (b) becomes insolvent, is wound up, or has a receiver or administrator appointed; or (c) challenges the validity of any of Licensor's intellectual property rights.
- Upon termination, Licensee shall immediately: (a) cease all use of the Software; (b) permanently delete or destroy all copies of the Software in Licensee's possession or control; and (c) upon request, certify such deletion in writing within five (5) business days.
Sections 2, 5, 6, 7, 8, 11, 12, 13, 15, 16, and 17 shall survive termination of this Agreement.
15. Export Control & Sanctions Compliance
Licensee shall comply with all applicable export control laws and regulations, including those of the European Union, The Netherlands, and the United States, as well as any applicable sanctions regimes. Licensee represents and warrants that it is not located in, under the control of, or a national or resident of any country subject to a government embargo or trade restriction, and is not on any government list of prohibited or restricted parties. Licensee shall not export, re-export, or transfer the Software in violation of any applicable laws.
16. Governing Law And Dispute Resolution
This Agreement shall be governed by and construed in accordance with the laws of The Netherlands, excluding its conflict-of-laws rules and excluding the United Nations Convention on Contracts for the International Sale of Goods (CISG).
Any dispute, controversy, or claim arising out of or relating to this Agreement, or its breach, termination, or validity, shall be submitted to the exclusive jurisdiction of the competent civil courts located in Amsterdam, The Netherlands. Notwithstanding the foregoing, either party may seek emergency injunctive or other equitable relief in any court of competent jurisdiction to prevent irreparable harm pending resolution of a dispute.
17. General Provisions
Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to its subject matter and supersedes all prior or contemporaneous understandings, representations, and agreements, whether written or oral.
Amendments. This Agreement may be amended only by a written instrument signed by authorised representatives of both parties. Licensor may issue updated versions of this Agreement; continued use of the Software after the effective date of a new version constitutes acceptance of the amended terms.
Severability. If any provision of this Agreement is held invalid, illegal, or unenforceable, that provision shall be modified to the minimum extent necessary to make it enforceable; the remaining provisions shall continue in full force.
Waiver. No waiver of any breach shall constitute a waiver of any subsequent breach. No waiver shall be effective unless made in writing and signed by the waiving party.
Notices. All legal notices must be delivered in writing to the addresses below and shall be deemed received: (a) immediately upon hand delivery; (b) one (1) business day after sending by overnight courier; or (c) upon confirmed receipt by email at [email protected].
No Partnership. Nothing in this Agreement creates a partnership, joint venture, employment, or agency relationship between the parties.
Force Majeure. Neither party shall be liable for failure to perform obligations caused by events beyond its reasonable control, provided the affected party promptly notifies the other and uses commercially reasonable efforts to mitigate.
Language. This Agreement is executed in the English language. In the event of any conflict between an English version and any translated version, the English version shall prevail.
Licensor Contact
Trednets B.V. — [email protected] — https://trednets.com
For security disclosures: [email protected]