1. Interpretation

1.1. The definitions and rules of interpretation in this clause apply in this agreement.

Fee: the fee payable by the Customer to the Supplier under clause 3.

Intellectual Property Rights: all patents, copyrights, design rights, trade marks, service marks, trade secrets, know-how, database rights and other rights in the nature of intellectual property rights (whether registered or unregistered) and all applications for the same, anywhere in the world.

Maintenance Release: release of the Software which corrects faults, adds functionality or otherwise amends or upgrades the Software, but which does not constitute a New Version.

Modification: any Maintenance Release.

New Version: any new version of the Software which from time to time is publicly marketed and offered for purchase by the Supplier in the course of its normal business, being a version which contains such significant differences from the previous versions as to be generally accepted in the marketplace as constituting a new product.

Specification: the server monitoring application, Spending Tracker, with features as described on the website www.spendingtracker.co.uk, excluding the account monitoring agent (which is provided under a separate license).

Software: the server monitoring application, Spending Tracker, with features as described on the website www.spendingtracker.co.uk, excluding the monitoring agent (which is provided under a separate license) and any Modification which is acquired by the Customer during the subsistence of this agreement.

1.2. In the case of conflict or ambiguity between any provision contained in the body of this agreement and any provision contained on the product website www.spendingtracker.co.uk, the provision in the body of this agreement shall take precedence.

2. Licence and term

2.1. The Supplier, subject to the terms and conditions of this agreement, grants to the Customer a non-exclusive and non-transferable licence to use the Software (Services) to the Customer.

2.2. The initial term of this agreement will commence on the date the Customer accepted the terms of the agreement by clicking on the application link and shall continue indefinitely unless terminated in accordance with the terms of this agreement.

2.3. In relation to assignment and sub-licensing: a) the Customer has no right to sub-license or to assign the benefit or burden of this agreement in whole or in part, or to allow the Software to become the subject of any charge, lien or encumbrance without the prior written consent of the Supplier. b) the Supplier may sub-license, assign, charge or otherwise transfer any of its rights or obligations under this agreement, provided it gives written notice to the Customer of any sub-licence, assignment, charge or other transfer.

3. Fees

3.1. Where the Customer opts to use the non-free Services, the Supplier will invoice the Customer yearly in advance each month for the use of the Software. The Customer shall pay the invoices received from the Supplier within 5 days from the date of the invoice. All fees are exclusive of VAT, which is non-applicable to Supplier at the time of invoicing.

3.2. If the Customer fails to pay any amount payable by it under this agreement, the Supplier shall be entitled (but not obliged) to downgrade the Customer's account profile to and charge interest on the overdue amount, payable by the Customer forthwith on demand, from the due date up to the date of actual payment, after as well as before judgement, at the rate of 3% per annum above the base rate for the time being of the Bank of England. Such interest shall accrue on a daily basis and be compounded quarterly. The Supplier reserves the right to claim interest under the Late Payment of Commercial Debts (Interest) Act 1998.

3.3. If the Customer downgrades to the free version the Customer will pay any outstanding balance for any invoiced amount and will be invoiced for any un-invoiced usage as described in clause 3.1.

4. Supplier's warranties and limits of liability

4.1. The Supplier warrants that the Software will conform in all material respects to the Specification for a period of 90 days from the date of this agreement (Warranty Period). If, within the Warranty Period, the Customer notifies the Supplier in writing of any defect or fault in the Software in consequence of which it fails to conform in all material respects to the Specification, and such defect or fault does not result from the Customer, or anyone acting with the authority of the Customer, having used the Software outside the terms of this agreement, for a purpose or in a context other than the purpose or context for which it was designed or in combination with any other software not provided by the Supplier, the Supplier shall, at the Supplier's option, do one of the following: a) replace the Software; or b) repair the Software; or c) terminate this agreement immediately by notice in writing to the Customer and refund any of the Fee paid by the Customer as at the date of termination (less a reasonable sum in respect of the Customer's use of the Software to date of termination), provided the Customer provides all the information that may be necessary to assist the Supplier in resolving the defect or fault, including sufficient information to enable the Supplier to re-create the defect or fault.

4.2. Notwithstanding clause 4.1, during the Warranty Period in case of non conformity of the Software in all material respects to the Specification the Supplier shall, upon receiving the Customer's request, such request to be submitted within 90 days of the first invoice from the Customer to the Supplier, fully refund the Fee to the Customer with the exclusion of the used SMS credits, which the Supplier shall not refund to the Customer.

4.3. The Supplier does not warrant that the use of the Software and the delivery of the Services will be uninterrupted, without delay or error-free.

4.4. The Customer accepts responsibility for the selection of: (i) the Software to achieve its intended results; and (ii) a sufficient number of SMS credits.

4.5. All other conditions, warranties or other terms which might have effect between the parties or be implied or incorporated into this agreement or any collateral contract, whether by statute, common law or otherwise, are hereby excluded, including, without limitation, the implied conditions, warranties or other terms as to satisfactory quality, fitness for purpose or the use of reasonable skill and care.

4.6. Except as expressly stated in clause 4.7: a) the Supplier's liability, whether under this agreement or any collateral contract, for loss of or damage to the Customer's tangible property caused by the negligence of the Supplier, its officers, employees, contractors or agents, shall not exceed the amount paid to the Supplier by the Customer for the previous 12 months; b) the Supplier shall have no liability for any losses or damages which may be suffered by the Customer (or any person claiming under or through the Customer), whether the same are suffered directly or indirectly or are immediate or consequential, and whether the same arise in contract, tort (including negligence) or otherwise howsoever, which fall within any of the following categories: i) special damage even though the Supplier was aware of the circumstances in which such special damage could arise; ii) loss of profits; iii) loss of anticipated savings; iv) loss of business opportunity; v) loss of goodwill; vi) loss of data;provided that this clause 4.6(b) shall not prevent claims for loss of or damage to the Customer's tangible property that fall within the terms of clause 4.6(a) or any other claims for direct financial loss that are not excluded by any of categories (i) to (vi) inclusive of this clause 4.6(b); and c) the total liability of the Supplier, whether in contract, tort (including negligence) or otherwise and whether in connection with this agreement or any collateral contract, shall in no circumstances exceed a sum equal to the amount paid to the Supplier by the Customer for the previous 12 months d) the Customer agrees that, in entering into this agreement, either it did not rely on any representations (whether written or oral) of any kind or of any person other that those expressly set out in this agreement or (if it did rely on any representations, whether written or oral, not expressly set out in this agreement) that it shall have no remedy in respect of such representations and (in either case) the Supplier shall have no liability otherwise than pursuant to the express terms of this agreement.

4.7. The exclusions in clause 4.6 shall apply to the fullest extent permissible at law, but the Supplier does not exclude liability for death or personal injury caused by the negligence of the Supplier, its officers, employees, contractors or agents; for fraud or fraudulent misrepresentation; for breach of the obligations implied by section 12 Sale of Goods Act 1979 or section 2 Supply of Goods and Services Act 1982; or for any other liability which may not be excluded by law.

5. Intellectual property rights

5.1. The Customer acknowledges that all Intellectual Property Rights in the Software and any Modification belong and shall belong to the Supplier, and the Customer shall have no rights in or to the Software other than the right to use it in accordance with the terms of this agreement. Additionally, the Customer acknowledges that the monitoring agent is licensed separately and excluded from this agreement.

5.2. The Supplier undertakes at its own expense to defend the Customer or, at its option, settle any claim or action brought against the Customer alleging that the possession, use, development, modification or maintenance of the Software (or any part thereof) in accordance with the terms of this agreement infringes the UK Intellectual Property Rights of a third party (Infringement Claim) and shall be responsible for any reasonable losses, damages, costs (including legal fees) and expenses incurred by or awarded against the Customer as a result of or in connection with any such Infringement Claim. For the avoidance of doubt, clause 5.2 shall not apply where the Infringement Claim in question is attributable to possession, use, development, modification or maintenance of the Software (or any part thereof) by the Customer other than in accordance with the terms of this agreement or use of a non-current release of the Software.

5.3. Clause 5.2 is conditional on: a) the Customer notifying the Supplier in writing, as soon as reasonably practicable, of any Infringement Claim of which it has notice; b) the Customer not making any admission as to liability or compromise or agreeing to any settlement of any Infringement Claim without the prior written consent of the Supplier, which consent shall not be unreasonably withheld or delayed; and c) the Supplier having, at its own expense, the conduct of or the right to settle all negotiations and litigation arising from any Infringement Claim and the Customer giving the Supplier all reasonable assistance in connection with those negotiations and such litigation at the Supplier's request and expense.

5.4. If any Infringement Claim is made, or in the Supplier's reasonable opinion is likely to be made, against the Customer, the Supplier may at its sole option and expense: a) procure for the Customer the right to continue using the Software (or any part thereof) in accordance with the terms of this agreement; or b) modify the Software so that it ceases to be infringing; or c) replace the Software with non-infringing software; or d) terminate this agreement immediately by notice in writing to the Customer and refund any of the Fee paid by the Customer as at the date of termination (less a reasonable sum in respect of the Customer's use of the Software to the date of termination), provided that if the Supplier modifies or replaces the Software, the modified or replacement Software must comply with the warranties contained in clause 4.1 and the Customer shall have the same rights in respect thereof as it would have had under those clauses had the references to the date of this agreement been references to the date on which such modification or replacement was made.

6. Termination

6.1. Either party may terminate this agreement at any time on written notice to the other if the other: a) is in material or persistent breach of any of the terms of this agreement and either that breach is incapable of remedy, or the other party fails to remedy that breach within 30 days after receiving written notice requiring it to remedy that breach; or b) is unable to pay its debts (within the meaning of section 123 of the Insolvency Act 1986), or becomes insolvent, or is subject to an order or a resolution for its liquidation, administration, winding-up or dissolution (otherwise than for the purposes of a solvent amalgamation or reconstruction), or has an administrative or other receiver, manager, trustee, liquidator, administrator or similar officer appointed over all or any substantial part of its assets, or enters into or proposes any composition or arrangement with its creditors generally, or is subject to any analogous event or proceeding in any applicable jurisdiction.

6.2. Notwithstanding clause 6.1, the Supplier may at any time terminate this agreement for any reason by giving written notice to the Customer, whereas the Customer may terminate this agreement by giving 7 days' notice in writing to the Supplier if it wishes to stop using the Software.

6.3. Termination by either party in accordance with the rights contained in clause 6 shall be without prejudice to any other rights or remedies of that party accrued prior to termination.

6.4. On termination for any reason: a) all rights granted to the Customer under this agreement shall cease; b) the Customer shall cease all activities authorised by this agreement; c) the Customer shall immediately pay to the Supplier any sums due to the Supplier under this agreement; and d) the Customer shall immediately destroy or return to the Supplier (at the Supplier's option) all copies of the Software then in its possession, custody or control and, in the case of destruction, certify to the Supplier that it has done so.

7. Force majeure

No party shall be liable to the other for any delay or non-performance of its obligations under this agreement arising from any cause beyond its control including, without limitation, any of the following: act of God, governmental act, war, fire, flood, explosion or civil commotion. For the avoidance of doubt, nothing in clause 7 shall excuse the Customer from any payment obligations under this agreement.

8. Data Protection

8.1. The Customer acknowledges that the Supplier processes personal data, as defined under the relevant data protection laws, of the users of the Services (Users) for the purpose of complying with its obligations under this agreement.

8.2. The Customer hereby warrants that it has the consent of the Users to disclose their personal data to the Supplier for the purpose of using the Services and that for the same purpose the Users have agreed that their personal data may be transferred to territories outside the EEA.

8.3. The Supplier will take all steps reasonably necessary to ensure that personal data is treated securely.

8.4. The Supplier shall not disclose any data to third parties, but may process such data in duly anonymised and aggregate form for purposes such as internal statistics, commercial sale and promotion, including but not limited to blog posts.

9. Confidentiality and publicity

9.1. Each party shall, during the term of this agreement and thereafter, keep confidential all, and shall not use for its own purposes (unless in accordance with section 8.4) nor without the prior written consent of the other disclose to any third party, any information of a confidential nature (including, without limitation, trade secrets and information of commercial value) which may become known to such party from the other party and which relates to the other party, unless such information is public knowledge or already known to such party at the time of disclosure, or subsequently becomes public knowledge other than by breach of this agreement, or subsequently comes lawfully into the possession of such party from a third party.

9.2. The provisions of clause 9 shall remain in full force and effect for 1 year after the termination of this agreement for any reason.

10. Waiver

No forbearance or delay by either party in enforcing its rights shall prejudice or restrict the rights of that party, and no waiver of any such rights or of any breach of any contractual terms shall be deemed to be a waiver of any other right or of any later breach.

11. Severability

If any provision of this agreement is judged to be illegal or unenforceable, the continuation in full force and effect of the remainder of the provisions shall not be prejudiced.

12. Amendments

The Supplier may amend this agreement from time to time and shall notify such amendments to the Customer when the Customer logs in. The Customer will be able to accept the amendments when logged in to the Service.

13. Third party rights

No term of this agreement is intended to confer a benefit on, or to be enforceable by, any person who is not a party to this agreement.

14. Notices

Any notice required to be given pursuant to this agreement shall be in writing, and shall be sent to the other party by first-class mail or e-mail.

15. Entire agreement

This agreement and the website www.spendingtracker.co.uk, in so far as it describes the Specification and the Software, contain the whole agreement between the parties relating to the subject matter hereof and supersede all prior agreements, arrangements and understandings between the parties relating to that subject matter.

16. Governing law and jurisdiction

This agreement, its subject matter or its formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with English law and submitted to the non-exclusive jurisdiction of the English courts.