License Agreement

PASSWORD DIRECTOR LICENSE AGREEMENT
This End-User License Agreement ("EULA") is a legal agreement between you, either an individual or a single entity, ("LICENSEE") and LastBit Software
("LICENSOR"). 

The license agreement includes computer software and may include associated media and online or electronic documentation ("SOFTWARE PRODUCT"). Please read the following terms and conditions before installing the SOFTWARE PRODUCT. By installing or using the SOFTWARE PRODUCT, you agree to be bound by the terms of this EULA. If you do not agree to the terms of this EULA, do not install or use the SOFTWARE PRODUCT.

This is not free software. Subject to the terms below, you are hereby licensed by the LICENSOR to use this software for evaluation purposes without charge for a period of 30 days. If you wish to use the SOFTWARE PRODUCT after the 30 days evaluation period a fee will be charged, whereby you will receive a software key to enable further use. Unregistered use of the SOFTWARE PRODUCT after the 30 days evaluation period is in violation of applicable copyright laws.
Trial version of the software has restricted functionality.

GRANT OF LICENSE.
This EULA grants you a non-exclusive non-transferable right for installation and use of the SOFTWARE PRODUCT. You may use one copy of the software on only one computer at a time. If you have multiple licenses of the software, you may install the SOFTWARE PRODUCT on the same number of workstations. Installation on a network server solely for distribution to licensed workstations does not count as an installation. You, as the LICENSEE, must have a reasonable process to assure that the number of workstations where the SOFTWARE PRODUCT is installed does not exceed the number of licenses you have bought.

LIMITATION ON USE.
You may not rent, lease, lend, copy, modify, sub-license or time-share the SOFTWARE PRODUCT. You may not reverse engineer, decompile or disassemble or
otherwise alter the SOFTWARE PRODUCT or its documentation. You may not use a Registration Key Code issued to another user for use in conjunction with the SOFTWARE PRODUCT. You may use this software only for lawful purposes.

SEPARATION OF COMPONENTS
The SOFTWARE PRODUCT is licensed as a single product. Its component parts may not be separated for use on more than one computer or with other applications unless expressly permitted in writing by the LICENSOR.

Termination
Without prejudice to any other rights, the LICENSOR may terminate this EULA if the LICENSEE fails to comply with the terms and conditions of this EULA.
In such event, the LICENSEE must destroy all copies of the SOFTWARE PRODUCT and all of its component parts.

OWNERSHIP.
You agree that the SOFTWARE PRODUCT belongs to the LICENSOR. This license is not a sale of the original or any subsequent copy.

NO WARRANTIES.
LICENSOR DISCLAIMS ALL WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY
AND FITNESS FOR A PARTICULAR PURPOSE, WITH REGARD TO THE SOFTWARE PRODUCT.

IN NO EVENT SHALL THE LICENSOR OR RESELLERS BE LIABLE IN CONNECTION WITH THIS AGREEMENT FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES INCLUDING, BUT NOT LIMITED TO, LOSS OF PROFITS, DATA OR USE, WHETHER IN AN ACTION FOR CONTRACT, TORT OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. LICENSOR'S TOTAL LIABILITY ARISING OUT OF THIS AGREEMENT SHALL IN NO EVENT EXCEED THE GREATER OF THE LICENSE FEES PAID BY YOU HEREUNDER, OR U.S.$5.