This SOFTWARE LICENSE AGREEMENT (the "Agreement") is made and entered into as of the effective date of the purchase of the software (the "Effective Date"), by and between Ragab Network Innovations, a software company established in 2020 as a sole proprietorship by Nabil Ragab and now incorporated as Ragab Network Innovations company in Sharjah, United Arab Emirates ("Licensor"), and the purchaser of the software/product ("Licensee").

Preamble

WHEREAS, Licensor is a web and mobile product-based company that develops and markets software for enterprise-level e-commerce businesses, utilizing either its own sole development efforts or a team of creative engineers with diverse backgrounds; and

WHEREAS, Licensor has developed various extensions and apps for open-source platforms that are trusted and widely used globally; and

WHEREAS, Licensee desires to obtain a license from Licensor, and Licensor desires to grant a license to Licensee, to allow the use of the purchased software in the development of Licensee's e-commerce website/mobile app, subject to the terms and conditions set forth herein.

THEREFORE, with the intent to be legally bound, the parties hereby agree as follows:

Agreement

1. Definitions. As used in this Agreement, the following capitalized terms shall have the definitions set forth below:

"Derivative Works" are works developed by Licensee, its officers, agents, contractors, or employees, which are based upon, in whole or in part, the Source Code and/or the Documentation and may also be based upon and/or incorporate one or more other preexisting works of the Licensor. Derivative Works may be any improvement, revision, modification, translation (including compilation or recapitulation by computer), abridgment, condensation, expansion, or any other form in which such a preexisting work may be recast, transformed, or adapted. For purposes hereof, a Derivative Work shall also include any compilation that incorporates such a preexisting work.

"Documentation" is written, printed, or otherwise recorded or stored (digital or paper) material relating to the Software and/or Source Code, including technical specifications and instructions for its use including Software/ Source Code annotations and other descriptions of the principles of its operation and instructions for its use.

"Improvements" shall mean, concerning the Software, all modifications and changes made, developed, acquired, or conceived after the date hereof and during the entire term of this Agreement.

"Source Code" is the computer programming source code form of the Software in the form maintained by the Licensor, and includes all non-third-party executables, libraries, components, and Documentation created or used in the creation, development, maintenance, and support of the Software, error corrections and revisions thereto provided by Licensor, in whole or in part.

2. Software License.

(a)Grant of License. For the consideration set forth below, Licensor hereby grants to Licensee, and Licensee hereby accepts the worldwide, non-exclusive, perpetual, royalty-free rights and licenses set forth below:

(i)The right and license to use and incorporate the software, in whole or in part, to develop its website/ mobile app (including the integration of all or part of the Licensor’s software into the Licensee's software) on one domain only, solely for the own personal or business use of the Licensee. However, the License does not authorize the Licensee to compile, copy or distribute the said Software or its Derivative Works.

(ii)The right and license do not authorize the Licensee to share any backup or archival copies of the Software and/or the Source Code and Documentation on any public internet space including GitHub, StackOverflow, etc. The Licensee must ensure that the backups are not accessible to any other person and the Licensee must prevent copying/use of source code by any unauthorized persons.

(iii)The right and license don't authorize the Licensee to migrate the domain license to another domain.

(b)Scope; Rights and Responsibilities.

(i)Licensor shall enable the Licensee to download one complete copy of the Software.

(ii)The Software is intended for the sole use of the Licensee in the development of its own website/mobile app.

(iii)Licensee does not have the right to hand over, sell, distribute, sub-license, rent, lease or lend any portion of the Software or Documentation, whether modified or unmodified, to anyone. Licensee should not place the Software on a server so that it becomes accessible via a public network such as the Internet for distribution purposes. In case the Licensee is using any source code management system like Git Hub, it can use the code there only when it has paid a subscription from a such management system.

(iv) In case the Licensee purchases the module and allows the third-party development agency to customize it as per its need, it is at liberty to do so subject to the condition that the Licensee, as well as the Agency, are not authorized to sell the modified version of the extension. Except for the required customization purposes, Licensee is not authorized to release the Source Code, Derivative Work source code, and/or Documentation to any third party, which shall be considered as a violation of the Agreement, inter-alia entailing forthwith termination and legal action.

(c)Ownership.

(i)Software and Source Code. All right, titles, copyright, and interest in the Software, Source Code, Software Modifications, and Error corrections will be and remain the property of the Licensor.

(ii)Derivative Works. As the creation of Derivative Works by the Licensee is prohibited, thus, all rights, title, copyright, and interest in any and/or all Derivative Works and Improvements created by, or on behalf of, the Licensee will also be deemed to be the property of the Licensor. Licensor shall be entitled to protect copyright / intellectual property in all such Derivative Works and Improvements also in any country as it may deem fit including without limitation seeking copyright and/or patent protection.

3. Consideration.

(a)Licensee shall pay to Licensor the amount as mentioned on the website from where the order is placed, as one-time, upfront fees in consideration for the licenses and rights granted hereunder (hereinafter referred to as the "License Fee"). The License Fee to be paid by Licensee shall be paid upfront at the time of placing the order, and no credit will be allowed under any circumstances.

(b)Once paid, the License Fees shall be non-refundable. The Licensee has fully satisfied itself with the Software and has seen the demonstration, and only thereafter has placed the order. Thus, the License Fees or any part thereof is non-refundable. No claim for refund of the Licence Fees shall be entertained under any circumstances.

(c)Late Payment Penalty in the event that the Licensee fails to make payment within the stipulated notice period, a late payment penalty shall be imposed. This penalty will accrue daily at a rate of 100% of the outstanding invoice value for each day that the payment remains overdue.

4. Representations and Warranties.

(a)Mutual. Each of the parties represents and warrants to the other as follows.

(i)such party is a legal entity duly organized, validly existing, and in good standing;

(ii)such party has the power and authority to conduct its business as presently conducted and to enter into, execute, deliver and perform this Agreement.

(iii)This Agreement has been duly and validly accepted by such party and constitutes the legal, valid, and binding obligations of such party respectively, enforceable against a such party under their respective terms;

(iv)the acceptance, execution, delivery, and performance of this Agreement does not and will not violate such party's charter or by-laws; nor require any consent, authorization, approval, exemption, or other action by any third party or governmental entity.

(b)Licensor warrants that, at the time of purchase of the Software:

the Software will function materially as outlined in the website or published functionality provided by Licensor to customers and potential customers describing the Software; and

Software add-ons, if purchased by the Licensee from the Licensor, will not materially diminish the features or functions of or the specifications of the Software as they existed as of the execution of this Agreement.

(c)Title. Licensor represents and warrants that it is the exclusive owner of all copyright/ intellectual property in the Software (including the Source Code) and has good and marketable title to the Software (including the Source Code) free and clear of all liens, claims, and encumbrances of any nature whatsoever (collectively, "Liens"). Licensors grant of license and rights to Licensee hereunder does not, and will not infringe any third party's property, intellectual property, or personal rights.

5. Term.

(a)Subject to the Licensee's payment obligations, this Agreement shall commence as on the date of making payment of the Software by the Licensee to the Licensor, and shall continue until terminated by either party.

(b)The Licensor retains the right to terminate the license at any time if the Licensee is not abiding by any of the terms of the Agreement. The Licensee may terminate the Agreement at any time at its sole discretion by uninstalling the Software and /or by destroying the said Software (or any copies thereof). However, the Licensee shall not be entitled to seek any refund of the amount paid by it to the Licensor, under any circumstances.

(c)Survival. In the event this Agreement is terminated for any reason, the provisions outlined in Sections 2(a), 2(b), and 2(c) shall survive.

6. Indemnification

The Licensee release the Licensor from, and agree to indemnify, defend and hold harmless the Licensor (and its officers, directors, employees, agents, and Affiliates) against, any claim, loss, damage, settlement, cost, taxes, expense, or other liability (including, without limitation, attorneys' fees) (each, a "Claim") arising from or related to (a) any actual or alleged breach of any obligations in this Agreement; (b) any refund, adjustment, or return of Software,(c) any claim for actual or alleged infringement of any Intellectual Property Rights made by any third party or damages related thereto; or (d) Taxes.

7. Limitation of Liability

The Licensor will not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data, or other intangible losses arising out of or in connection with the Software, whether in contract, warranty, tort, etc. (including negligence, software liability, any type of civil responsibility or other theory or otherwise) to the Licensee or any other person for the cost of software, cover, recovery or recoupment of any investment made by the Licensee or its affiliates in connection with this Agreement, or for any other loss of profit, revenue, business, or data or punitive or consequential damages arising out of or relating to this Agreement. Further, the aggregate liability of the Licensor, arising out of or in connection with this Agreement or the transactions contemplated hereby will not exceed at any time, or under any circumstances, the total amounts received by the Licensor from the Licensee in connection with the particular software giving rise to the claim.

8. Force Majeure

The Licensor will not be liable for any delay or failure to perform any of its obligations under this Agreement by reasons, events, or other matters beyond its reasonable control.

9. Relationship of Parties

The Licensor and Licensee are independent legal entities, and nothing in this Agreement will be construed to create a partnership, joint venture, an association of persons, agency, franchise, sales representative, or employment relationship between the parties. The Licensee will have no authority to make or accept any offers or representations on behalf of the Licensor. The relationship between the parties is that of the Licensor and Licensee only, and the rights, duties, and liabilities of each party shall be governed by this Agreement.

10. Modification

The Licensor may amend any of the terms and conditions contained in this Agreement at any time and solely at its discretion. Any changes will be effective upon the posting of such changes on the Portal/ website, and the Licensee is responsible for reviewing these changes and informing itself of all applicable changes or notices. The continued use of the software by the Licensee after posting any changes by the Licensor will constitute the acceptance of such changes or modifications by the Licensee.

11. Miscellaneous.

(a)General Provisions. This Agreement: (i) may be amended only by a written signed by each of the parties; (ii) may be executed in several counterparts, each of which shall be deemed an original but all of which shall constitute the same instrument; (iii) contains the entire agreement of the parties concerning the transactions contemplated hereby and supersedes all prior written and oral agreements, and all contemporaneous oral agreements, relating to such transactions; (iv) shall be governed by, and construed and enforced under, the laws of the United Arab Emirates; and (v) shall be binding upon, and inure to the benefit of, the parties and their respective successors and permitted assigns. Each of the parties hereby irrevocably submits to the jurisdiction of the Courts in Dubai, United Arab Emirates, for any action or proceeding arising out of or relating to this Agreement or the subject matter hereof and brought by any other party.

(b)Assignment. Except for customization as mentioned in clause 2(b)(iv) above, Licensee cannot assign, pledge, or otherwise, transfer, whether by operation of law or otherwise, this Agreement, or any of its obligations hereunder, without the prior written consent of Licensor, which consent shall not be unreasonably withheld.

(c)Notices. Unless otherwise specifically provided herein, all notices, consents, requests, demands, and other communications required or permitted hereunder:

(i)shall be in writing;

(ii)shall be sent by messenger, certified or registered mail/email, or reliable express delivery service, to the appropriate address(es) set forth below; and

(iii)shall be deemed to have been given on the date of receipt by the addressee, as evidenced by a receipt executed by the addressee (or a responsible person in his or her office), the records of the Party delivering such communication or notice to the effect that such addressee refused to claim or accept such communication, if sent by messenger, mail or express delivery service.

All such communications shall be sent to the following addresses or numbers, or such other addresses or numbers as any party may inform the others by giving five days' prior notice:

If to Ragab Network Innovations:

To the address mentioned on the invoice at the time of placing an order or generating the Invoice or email: sales@ragab.net

If to Licensee:

At the address mentioned by the Licensee

(at the time of placing an order or generating an Invoice)

(d)Severability. The parties intend that the provisions of this Agreement be enforced to the fullest extent permissible under the laws and public policies of the United Arab Emirates in which enforcement hereof is sought. In furtherance of the foregoing, each provision hereof shall be severable from each other provision, and any provision hereof which is/ becomes unenforceable shall be subject to the following: (i) if such provision is contrary to or conflicts with any requirement of any statute, rule or regulation in effect, then such requirement shall be incorporated into, or substituted for, such unenforceable provision to the minimum extent necessary to make such provision enforceable; (ii) the court, agency or arbitrator considering the matter is hereby authorized to (or, if such court, agency or arbitrator is unwilling or fails to do so, then the parties shall) amend such provision to the minimum extent necessary to make such provision enforceable, and the parties hereby consent to the entry of an order so amending such provision; and (iii) if any such provision cannot be or is not reformed and made enforceable pursuant to clause (i) or (ii) above, then such provision shall be ineffective to the minimum extent necessary to make the remainder of this Agreement enforceable. Any application of the foregoing provisions to any provision hereof shall not affect the validity or enforceability of any other provision hereof.

(e)By purchasing the Software, the Licensee acknowledges that this Agreement has been read and agrees to the content of the Agreement, and its terms and agree to use the Software in compliance with this Agreement.

(f)The Licensor holds the sole copyright of the Software. The Software or any portion thereof is a copyrightable matter and is liable to be protected by the applicable laws. Copyright infringement in any manner can lead to prosecution according to the current law. The Licensor reserves the right to revoke the license of any user who is not holding any license or is holding an invalid license.

(g)This Agreement gives the right to use only one copy of the Software on one domain solely for the own personal or business use of the Licensee, subject to all the terms and conditions of this Agreement. A separate License has to be purchased for each new Software installation. Any distribution of the Software without the written consent of the Licensor (including non-commercial distribution) is regarded as a violation of this Agreement, and will entail immediate termination of the Agreement and may invite liability, both civil and criminal, as per applicable laws.

(h)The Licensor reserves the rights to publish a selected list of users/ Licensees of its Software, and no permission of any Licensee is needed in this regard. The Licensee agrees that the Licensor may, in its sole discretion, disclose or make available any information provided or submitted by the Licensee or related to it under this Agreement to any judicial, quasi-judicial, governmental, regulatory, or any other authority as may be required by the Licensor to co-operate and/or comply with any of their orders, instructions or directions or to fulfill any requirements under applicable Laws.

(i)If the Licensee continues to use the Software even after the sending of the notice by the Licensor for termination, the Licensee agrees to accept an injunction to restrain itself from its further use, and to pay all costs (including but not limited to reasonable attorney fees) to enforce injunction or to revoke the License, and any damages suffered by the Licensor because of the misuse of the Software by the Licensee.

12. Arbitration

If any dispute arises between the Licensor and the Licensee at any time, in connection with the validity, interpretation, implementation, or alleged breach of any provision of this Agreement, the same shall be referred to a sole Arbitrator who shall be an independent and neutral third party appointed exclusively by the Licensor. The Licensee shall not object to the appointment of the Arbitrator so appointed by the Licensor. The place of arbitration shall be Dubai, United Arab Emirates. The Arbitration & Conciliation Act, 1996 as amended by The Arbitration & Conciliation (Amendment) Act, 2015, shall govern the arbitration proceedings. The arbitration proceedings shall be held in the English language.

This document is an electronic record in terms of the Information Technology Act, 2000, and the amended provisions pertaining to electronic records in various statutes as amended by the Information Technology Act, 2000. This electronic record is generated by a computer system and does not require any physical or digital signatures.