Veriva Systems End User License Agreement (EULA)

Effective Date: 28 April 2025

1. Grant of License

Subject to your compliance with this EULA and the applicable Subscription Agreement, Veriva Systems Sdn Bhd (“Veriva”) grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Veriva software and platforms (collectively, the “Software”) for your internal business purposes.

The license is granted solely for the number of authorized users specified in your subscription.

2. License Restrictions

You shall not:

• Copy, reproduce, distribute, modify, adapt, translate, or create derivative works from the Software
• Reverse engineer, decompile, disassemble, or attempt to derive the source code of the Software
• Rent, lease, sublicense, sell, assign, or otherwise transfer rights to the Software
• Circumvent or disable any security features or access controls
• Use the Software for any purpose not expressly permitted by this EULA

3. Ownership

Veriva and its licensors retain all right, title, and interest in and to the Software, including all intellectual property rights.
You acknowledge that no ownership rights are transferred to you through your use of the Software.

4. Updates and Modifications

Veriva may provide updates, upgrades, patches, or modifications to the Software at its sole discretion.
Such updates are governed by this EULA unless accompanied by separate terms.

5. Term and Termination

This EULA remains effective for the duration of your valid subscription to Veriva services unless earlier terminated.

Veriva may terminate this license immediately if:

• You breach any terms of this EULA
• Your subscription is suspended or terminated
• You engage in prohibited conduct related to the Software

Upon termination, you must cease all access to and use of the Software and destroy any locally stored copies, if applicable.

6. Warranty Disclaimer

The Software is provided “as is” without warranties of any kind, whether express, implied, statutory, or otherwise, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

Veriva does not warrant that the Software will operate uninterrupted, error-free, or meet your specific requirements.

7. Limitation of Liability

To the maximum extent permitted by applicable law, Veriva’s liability under this EULA shall be limited as follows:

Veriva’s total cumulative liability arising out of or relating to this EULA shall not exceed:

• The subscription fees paid by you for one (1) month immediately preceding the event giving rise to the claim; or
• USD 1,000 (or its equivalent in Malaysian Ringgit),

whichever is greater.

In no event shall Veriva be liable for indirect, incidental, special, consequential, or punitive damages.

8. Governing Law and Dispute Resolution

This EULA shall be governed by the laws of Malaysia, without regard to conflict of law principles.
Any disputes arising under or related to this EULA shall be subject to arbitration in Kuala Lumpur, Malaysia, administered by the Asian International Arbitration Centre (AIAC).

9. Entire Agreement

This EULA, along with Veriva’s Terms of Use and Privacy Statement, constitutes the entire agreement between you and Veriva concerning your use of the Software.