This Terms of Use agreement was last modified on March,22 2012

This Terms of Use Agreement (the “Agreement”) states the terms and conditions that govern the contractual agreement between RTLery, Ltd., (the “Company”) and you (the “User”) who agrees to be bound by this Agreement in regard to the User’s access to www.rtlery.com (the “Site”), which is owned and operated by the Company.

1. THE SERVICE. Through the Site, Users may purchase pieces of code to use in semiconductor chip design (the “Service”). By logging onto the Site and/or using the Service, the User agrees to these Terms of Use and associated Privacy Policy located elsewhere on the Site.

2. ELIGIBILITY.

1. To be eligible to browse the Site and use the Service, the User must be at least 18 years of age.
2. The User must provide information that is truthful to the best of the User’s knowledge and in the event any such information changes, the User shall notify the Company of any such change within a reasonable amount of time.
3. The User may not through the Site use false identities, impersonate any other person, or use a username and password that the User is not authorized to use.
4. The Company must approve every new account prior to using the Service. The Company reserves the right, at its sole discretion, to refuse such approval for any reason.

3. TERM AND TERMINATION.

This Agreement will remain in effect until terminated by either party. If the User is dissatisfied with the Service or any of the terms and conditions contained herein, the sole and exclusive remedy is to terminate the User Account. The User may cancel the User Account and participation in the Service at any time by emailing info@rtlery.com requesting such a cancellation. Notwithstanding anything contained in this Agreement to the contrary, the Company may, in its sole discretion, terminate the User Account, and discontinue the User’s participation in the Service. Reasons for the Company’s determination to so terminate or discontinue the User’s Account or participation as provided for above, include, but are not limited to, if the Company believes that the User has violated this Agreement or other policies or guidelines of the Service or that of any other party, or if the Company believes that the User’s conduct may be harmful to other consumers, advertisers or licensees who participate in or facilitate the Service.

4. VERIFIED CODE. The code for sale through the Site will be verified through a series of testes. However, the User agrees and acknowledges that such verification does not guarantee that the code will be completely without flaws, as the verification process is conducted in a simulated environment that cannot fully encompass all the pitfalls of a live performance. The Company maintains the right to alter such code to fix errors should it discover any without giving notice to any User that may have purchased said code before any such fix.

5. CREDITS. Users may use credits to purchase code through the Site. Credits may be purchased at the prices located on the then-current pricing schedule. Users must make all payments for transactions made on the Site through PayPal, and thus Users must agree to PayPal’s terms and conditions located at https://www.paypal.com/cgi-bin/webscr?cmd=p/gen/terms-outside.

Upon cancellation, all credits that have been purchased shall be refunded on a pro rata basis to the PayPal account through which such credits were purchased. Any credits earned without purchase (e.g., for referring other users) will not be redeemed for cash value. Activity conducted solely to the end of earning free credits is forbidden and should the Company determine, at its sole discretion that the User is conducting such activity, it may terminate the User’s Account.

Refunds of credits are not granted, except in very specific circumstances at the Company’s sole discretion. The User agrees and acknowledges that due to the nature of the code offered through the Site, offering refunds except in such very particular circumstances is impracticable.

The User agrees and acknowledges that the User’s account credit balance, supplemented by the User’s purchase history through the Site, is the only representation of the credits owned by the User for use on the Site.

6. CODE LICENSE. The license that comes with a purchase of code on the Site is good for one (1) copy of the purchased code to be used within a single local geographic location or physical site solely for internal use. Users may not: (i) transfer the code to any party on a different physical site, share the files, or mirror the files on any other server; (ii) resell the code or any derivatives; (iii) offer the code for redistribution or resale of any kind. This license shall automatically terminate upon breach of this Agreement.  Upon termination, the User must immediately delete any copies of the code the User’s possession.

7. SUPPORT AND CUSTOMIZATION. The Core products on the site entitle the User to receive support and integration assistance for the purchased Core. The support period is limited to one year and will be provided using email. The user may extend the support period for additional fee. The company provides limited customization service with Core product, providing the customization effort can be limited to few hours. The company may decline a customization request at its sole discretion.

8. GENERAL RESTRICTIONS ON USE.

1. The Company grants the User a limited license to access and make personal use of the Site and not to download (other than page caching) or modify it (or any portion thereof) except with express written consent of the Company. This license does not include any resale or commercial use of the Site or its contents, any collection and use of any product listings, descriptions, or prices, any derivative use of this site or its contents, any downloading or copying of account information for the benefit of another merchant, or any use of data mining, robots, or similar data gathering and extraction tools.

2. The User agrees not to use any device, software or other instrumentality to interfere or attempt to interfere with the proper working of the Site. The User will not take any action that imposes an unreasonable or disproportionately large load on the Site’s infrastructure. The User agrees not to use any robot, spider, other automatic device, or manual process to monitor or copy any content from the Site without the prior express consent from an authorized Company representative, unless such use is by a search engine employed to direct Internet users to the Site.

3. The Site or any portion thereof may not be reproduced, duplicated, copied, sold, resold, visited, or otherwise exploited for any commercial purpose without express written consent of the Company. The User may not frame or utilize framing techniques to enclose any trademark, logo, or other proprietary information (including images, text, page layout, or form) of the Company or its associates without express written consent. The User may not use any meta tags or any other "hidden” text utilizing the Company’s name or trademarks without the express written consent of the Company.

4. Any unauthorized use terminates the permission or license granted by the Company. The User is granted a limited, revocable, and nonexclusive right to create a hyperlink to the Site so long as the link does not portray the Company, its associates, or their products or services in a false, misleading, derogatory, or otherwise offensive matter.

9. USER ACCOUNT. The User may register to the Site with an account in order to make use of certain functions and/or the Service (the “User Account”). The User is responsible for maintaining the confidentiality of the username and password that the User designates during the registration process, and the User is fully responsible for all activities that occur under the User Account. The User agrees to: (i) immediately notify the Company of any unauthorized use of the User Account or any other breach of security, and (ii) ensure that the User exits from the User Account at the end of each session. The Company will not be liable for any loss or damage arising from the User’s failure to comply with this provision. The User should use particular caution when accessing the User Account from a public or shared computer to ensure that others are not able to view or record the User Account’s username and password and/or other personal information. The Company reserves the right to terminate or suspend any User’s User Account and/or access to the Site and the Service if the Company determines (in its sole discretion) that any such User has violated this Agreement.

10. INTELLECTUAL PROPERTY. The Site holds certain content, such as text, graphics, logos, button icons, images, audio clips, data compilations, and software, that is the property of the Company or its content suppliers and protected by international copyright laws. The Site may contain or reference trademarks, patents, copyrighted materials, trade secrets, technologies, products, processes or other proprietary rights belonging to Company and/or other parties. No license to or right in any such trademarks, patents, copyrighted materials, trade secrets, technologies, products, processes and other proprietary rights of Company and/or other parties is granted to or conferred upon the User.

To notify Company of any copyright-infringing content, please contact us at info@rtlery.com.

11. COMMUNICATIONS. The Company shall be free to reproduce, use, disclose, and distribute any and all communication conducted with Company through the Site including but not limited to feedback, questions, comments, suggestions and the like (the “Communications”). The User shall have no right of confidentiality in the Communications and the Company shall have no obligation to protect the Communications from disclosure. The Company shall be free to use any ideas, concepts, know-how, content or techniques contained in the Communications for any purpose whatsoever, including but not limited to the development, production and marketing of products and services that incorporate such information.

12. LIMITED LIABILITY. UNDER NO CIRCUMSTANCES SHALL THE COMPANY BE LIABLE TO THE USER OR ANY OTHER PERSON FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR PUNITIVE DAMAGES FOR ANY MATTER ARISING FROM OR RELATING TO THIS AGREEMENT, THE SITE, ANY SERVICE OFFERED BY THE COMPANY, THE CODE, OR THE INTERNET GENERALLY, INCLUDING, BUT NOT LIMITED TO: (A) ANY PARTY’S USE OR INABILITY TO USE THE SITE OR THE CODE; (B) ANY CHANGES TO OR INACCESSIBILITY OF THE SITE OR THE CODE; (C) ANY DELAY, FAILURE, UNAUTHORIZED ACCESS TO OR ALTERATION OF ANY DATA OR ANY TRANSMISSION OF DATA; (D) ANY CONTENT, CODE, OR OTHER DATA TRANSMITTED OR RECEIVED (OR NOT TRANSMITTED OR RECEIVED) BY/FROM ANY PARTY; (E) ANY CONTENT OR DATA FROM A THIRD PERSON ACCESSED ON OR THROUGH THE SITE; AND/OR (F) THE VIOLATION OF THE RIGHTS OF ANY THIRD PARTY DUE TO THE USER’S USE OF THE CODE OR THE SERVICE; WHETHER SUCH LIABILITY IS ASSERTED ON THE BASIS OF CONTRACT, TORT OR OTHERWISE. SOME JURISDICTIONS PROHIBIT THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, THUS THIS LIMITATION OF LIABILITY MAY NOT APPLY TO USER.

13. DISCLAIMER OF WARRANTIES. ANY CODE PURCHASED ON THE SITE IS PROVIDED “AS IS” WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. USE OF THIS SITE AND ANY SERVICE OFFERED BY THE COMPANY OR CODE PURCHASED IS AT THE USER’S SOLE RISK. THE COMPANY MAKES NO WARRANTIES AS TO THE CODE, INCLUDING, BUT NOT LIMITED TO: (A) ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT; (B) THAT THE SITE, THE SERVICE, OR THE CODE WILL MEET THE USER’S REQUIREMENTS; (C) THAT THE SITE WILL BE SECURE, UNINTERRUPTED, ACCESSIBLE OR ERROR-FREE; AND/OR (D) THAT ANY CODE, INFORMATION, DATA OR CONTENT OBTAINED FROM THE SITE, OR THE SERVICE WILL BE ACCURATE, RELIABLE, COMPLETE, TIMELY OR FREE FROM VIRUSES OR OTHER FORMS OF DESTRUCTIVE CODE. NO ADVICE OR INFORMATION OBTAINED BY THE USER FROM THE COMPANY, WHETHER IN ORAL, WRITTEN OR ELECTRONIC FORM, RELATING TO THE USER’S USE OF THIS SITE, THE SERVICES SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THIS AGREEMENT.

14. INDEMNIFICATION. The User agrees to indemnify, hold harmless and defend the Company, along with its directors, employees and agents from and against any action, cause, claim, damage, debt, demand or liability, including reasonable costs and attorney's fees, asserted by any person or entity, arising out of or relating to: (i) this Agreement and/or any breach or threatened breach by the User; (ii) the User’s use of the Site or any service offered by the Company; (c) any unacceptable or objectionable use of the Site or any service offered to the User by the Company; or (d) any negligent or willful misconduct by the User.

15. ERRORS AND OMISSIONS. The Site may contain technical inaccuracies and typographical errors, including but not limited to inaccuracies relating to pricing or availability applicable to certain products or services offered by the Company. The Company shall not assume responsibility or liability for any such inaccuracies, errors or omissions, and shall have no obligation to honor reservations or information affected by such inaccuracies. The Company reserves the right to make changes, corrections, cancellations and/or improvements to any information contained on the Site, and to the products and programs described in such information, at any time without notice, including after confirmation of a transaction.

16. THIRD PARTY LINKS. There are links on the Site that lead to third party sites, including those of advertisers. THE COMPANY IS NOT RESPONSIBLE FOR THE PRIVACY POLICIES OF THOSE SITES OR THE COOKIES THOSE SITES USE. IN ADDITION, BECAUSE THE COMPANY HAS NO CONTROL OVER SUCH SITES AND RESOURCES, THE USER ACKNOWLEDGES AND AGREES THAT THE COMPANY IS NOT RESPONSIBLE FOR THE AVAILABILITY OF SUCH EXTERNAL SITES OR RESOURCES, AND DOES NOT ENDORSE AND IS NOT RESPONSIBLE OR LIABLE FOR ANY CONTENT, ADVERTISING, PRODUCTS, OR OTHER MATERIALS ON OR AVAILABLE FROM SUCH SITES OR RESOURCES.

17. MODIFICATION. The Company has the right at any time or from time to time to modify or amend this Agreement. Should the Company choose to modify this Agreement the Site will display such changes and the date at which such changes became effective, which will be User’s only notification of any such change. Any use of the Site or the Service by User after such notification shall constitute User’s acceptance of the modified or amended terms. No modification to this Agreement made by User shall be binding upon the Company.

18. FORCE MAJEURE. In the event that either Party is unable to perform any of its obligations under this Agreement or to enjoy any of its benefits because of natural disaster, terrorism, fire, explosion, power blackout, earthquake, flood, the elements, strike, embargo, labor disputes, acts of civil or military authority, war, acts of God, acts or omissions of carriers or suppliers, acts of regulatory or governmental agencies, actions or decrees of governmental bodies or communication line failure not the fault of the affected Party or other causes beyond such Party’s reasonable control (a “Force Majeure Event”) the Party who has been so affected shall immediately give notice to the other Party and shall do everything possible to resume performance. Upon receipt of such notice, all obligations under this Agreement shall be immediately suspended. If the period of nonperformance exceeds seven (7) days from the receipt of notice of the Force Majeure Event, the Party whose ability to perform has not been so affected may by giving written notice immediately terminate this Agreement.

19. SEVERABILITY. If any provision of this Agreement is held to be invalid, illegal, or unenforceable for any reason, such invalidity, illegality or unenforceability, it shall be enforced to the extent that the law allows. If it must be struck from the Agreement, such striking shall not affect any other provisions of this Agreement, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had not been contained herein.

20. VENUE. Any dispute, controversy or difference which may arise out of, in relation to or in connection with this Agreement is hereby irrevocably submitted to the exclusive jurisdiction of the district courts of Tel Aviv, Israel, to the exclusion of any other courts without giving effect to its conflict of law’s provisions or the user’s actual state or country of residence.