Excel Accounting Tool (EAT) - User Software Purchase and License Agreement

Version v5.2 - Target: Release (EAT) - Built on: 6/16/2024 3:36:41 PM - Released on: 6/16/2024 3:37:17 PM


Table of Contents

A.How to use the document
  • 1.Navigation
  • 2.Search

  • B.Main Content
  • 1.Preface
  • 2.Ownership Time-line
  • 12.User Privacy
  • 14.Postlude
  • Presentation of Contents

    A. How to use the document

    1. Navigation

    This document is well structured and easy to navigate through the left panel Tabel of Contents.

    2. Search

    Press both 'Ctrl' + 'f', and type in the word and hit 'Enter' to search for. hit 'F3' to search for next occurrence.

    B. Main Content

    1. Preface

    Read this legal document carefully for the license of Excel Accounting Tool (EAT) ("software") by Teknewell Engineering ("Teknewell"). By activating the software, you (either an individual or a single entity and all associate employees) are agreeing to become bound by the terms of this agreement. If you do not agree to the terms of the agreement, do not activate and you shall remove all the files related to the software product from your storage media and prevent you and others from further using the software product. Any violation of these terms will subject you to legal liability.

    This is a legal agreement between you and Teknewell Engineering. This Agreement states the terms and conditions upon which Teknewell Engineering offers to license the software together with all related documentation and accompanying items including, but not limited to, the executable programs, drivers, libraries and data files associated with such programs (summarily, the "Software").

    2. Ownership Time-line


    The Software is licensed to you for use only under the terms of this Agreement. This License Agreement describes your rights and responsibilities regarding the use of the software. Teknewell Engineering retains all title to and ownership of the Software and reserves all rights not expressly granted to you. Teknewell Engineering grants to you the non-exclusive, non-transferable rights to use a copy of this Software provided that (1) the Software is not distributed for profit; (2) the Software may NOT be modified by you; (3) all copyright notices are maintained on the Software; and (4) you agree to be bound by the terms of this Agreement. Teknewell Engineering only provides the individual one seat license for the software, i.e. on a SINGLE computer at any ONE time. For uses of the software on more than one computer concurrently require you purchase multiple licenses for each computer. If the license key file is lost, the existing license key file for the software is available for download for a recover fee at Recover License. The volume discount licensing information is available upon request for businesses interested in obtaining large number user licenses for the Software. Once the license has been provided, refunds are not possible since the license only covers a short period of time and the software is purchased based on a free trial or existing purchase period in which users can fully test or use the software to ensure it meets end-user needs before any cost whatsoever is rendered. A method is not available for us to remove the license from user's systems in terms of a return. Therefore, all sales are not refundable and become final.


    The software is a proprietary product of Teknewell Engineering and is protected by copyright law and international treaty provisions. Teknewell Engineering own and retain all rights, title and interest in and to the Software, including all copyrights, patents, trade secret rights, trademarks and other intellectual property rights therein. Your possession, installation, activation, and use of the Software does not transfer to you any title to the intellectual property in the Software, and you will not acquire any rights to the Software except as expressly set forth in this Agreement. You acquire only the right to use the SOFTWARE. You agree not to remove any product identification, copyright notices, or other notices or proprietary restrictions from the SOFTWARE. You agree not to cause or permit the reverse engineering, or disassembly of the SOFTWARE. You agree not to rent, loan, lease, sub-license, resell, copy and transfer the software trial or live to any other third party. You may not permit third parties to benefit from the use or functionality of the Software via a timesharing, service bureau or other arrangement. You may not transfer any of the rights granted to you under this Agreement. Again your license is non-transferable. If a third party of yours is interested in the SOFTWARE, you can send our web site www.ExcelAccountingTool.com to the third party, and recommend the proper course of actions.


    You may not modify, adapt, translate, reverse engineer, disassemble, decompile. You may not modify based on the software, adapt, translate, reverse engineer, disassemble, decompile based on the written materials without the prior written consent of Teknewell Engineering. You may create plug-in components as instructed in the user manual.


    Teknewell Engineering is providing this SOFTWARE on an "as is" basis without warranty of any kind; Teknewell Engineering disclaims all express and implied warranties, including the implied warranties of merchantability or fitness for a particular purpose. you assume responsibility for selecting the software to achieve your intended results, and for the installation of, use of, and results obtained from the software. Without limiting the foregoing provisions, Teknewell Engineering makes no warranty that the software will be error-free or free from interruptions or other failures or that the software will meet your requirements. the foregoing provisions shall be enforceable to the maximum extent permitted by applicable law.


    Under no circumstances and under no legal principles, whether in contract, tort, or otherwise, shall Teknewell Engineering or its suppliers be liable to you or to any other person for any indirect, special, incidental, or consequential damages of any character including, without limitation, damages for loss of goodwill, computer failure or malfunction, or for any and all other damages or losses.


    After you purchased a license, you will be provided with a license key by email. You must enable the registered license for the SOFTWARE by activating the SOFTWARE with the provided license key. This Agreement is effective for a limited specified duration set forth at purchasing time. This Agreement will terminate automatically if you fail to comply with any of the limitations or other requirements described herein. Upon any termination or expiration of this Agreement, you must destroy all copies of the Software and the Documentation. You may terminate this Agreement at any point by destroying all copies of the Software and the Documentation. Upon the expiration of this Agreement, you may proceed to purchase a new license.


    Teknewell Engineering provides you with support services related to the SOFTWARE, provided you are the owner of the software through purchase and capable to login to your registered account. Teknewell Engineering sets the policies of the use of support services in the user manual or other documents provided by Teknewell, as they may be modified from time to time. Any supplemental SOFTWARE code provided to you as part of the Support Services shall be considered part of the SOFTWARE and subject to the terms and conditions of this agreement. Teknewell may use the information provided by you in the support services for other business purposes, including for product support and development. These information will be anonymous to reveal any identifications.


    If you distribute the Software in violation of this Agreement, you hereby indemnify, hold harmless and defend Teknewell Engineering from and against any and all claims or lawsuits, including attorney's fees and costs that arise, result from or connected with the use or distribution of the Software in violation of this Agreement.

    11. SECURITY

    You agree that Teknewell Engineering is not liable to you for security breaches or loss of data resulting from your use of the SOFTWARE. The code and data security of the SOFTWARE depends primarily on you selecting a secure either PC or on-line password and keeping it confidential, performing timely backup of code and data before each end of task day. You understand this SOFTWARE does not transmit any accounting data across Internet even though it has network capability.

    12. User Privacy

    Your ID email is only used to communicate between you and Teknewell. Teknewell will not exposes or gives it to any other third party, or uses it for any other purposes. The installed Teknewell tools collect user's Windows PC Name when the tool is running. This is the only User data the tool is to send to our server for License Verification purpose. Again Teknewell will not exposes or gives the PC ID Name to any other third party, or uses it for any other purposes.


    This Agreement is governed by the laws of USA.

    Should you have any questions concerning this agreement, or if you desire to contact Teknewell Engineering. for any reason, please contact by on-line Contact form Contact Us provided you had registered an account and logged in.

    14. Postlude

    This Agreement is binding on you as well as your family members, your employees, employers, contractors and agents, and on any successors and assignees. Neither the Software nor any information derived there from may be exported except in accordance with the laws of the U.S. or other applicable provisions. This Agreement supersedes any other understandings or agreements, including, but not limited to, advertising, with respect to the Software.

    Copyright 2020 - 2025 Teknewell Engineering, All Rights Reserved.