No warranty The Service is provided on an “as is” basis and is used at Customer’s own risk. Company reserves the right to make improvements, add, modify or remove functionality, or correct any errors or defects in the Service at its sole discretion, without any obligation or liability resulting from such act or defects. Company will, however, not remove functionality which in Company’s reasonable opinion must be considered a core functionality of the Service. Customer acknowledges that the Service will not always be completely free of errors and that the improvement of the Service is a continuous process. Use of the Service Customer is responsible for all actions taken when using the Service. Customer undertakes to hold Company harmless from any third party claims due to Customer’s use of the Service in breach of these Terms or in violation of applicable laws and regulations. Limitation of liability Company shall not be liable under or in connection with this Agreement for any loss of profit, goodwill, business opportunity of any kind, loss of use, loss of time, loss of material, inconvenience, or any indirect or consequential loss or damage of any kind, whether or not the other party has been advised of the possibility of such damages, and whether under law, equity or other agreement, unless such loss is caused willfully or by any grossly negligent act or omission of the Company or liability is established pursuant to mandatory law. The Company’s overall aggregate liability towards the Customer shall not exceed an amount of ten percent (10%) of the license fee paid for the preceding twelve (12) months’ period, unless otherwise is prescribed by mandatory law. Intellectual Property Rights Subject to the limited rights expressly granted in these Terms, the contractual relationship between Company and Customer does not constitute a transfer of any intellectual property rights from Company to Customer. Company retains title and ownership of all intellectual property rights and know-how related to the Service, including the present and all future versions thereof. Customer is responsible for ensuring that its use of the Service is in compliance with Company’s intellectual property rights. The Customer has no right to e.g. sell, lend, sub-license, distribute in any way (free of charge or for consideration), create derivative works of, copy, frame, access or try to get access to the source code of, mirror or reverse engineer any part or feature of the Service, including but not limited to all underlying intellectual property rights and/or know-how. The Customer may not in any way modify, decompile, disassemble or reverse engineer the Services. Customer may from time to time provide suggestions, comments for enhancements or functionality or other feedback (“Feedback”) to Company with respect to the Service or other Company IP. Company shall in its sole discretion determine whether or not to proceed with the development of such Feedback. By giving its Feedback the Customer acknowledges that Company is given sole ownership of the Feedback, and that no sums are payable by Company for such Feedback, neither at the date of the Feedback, nor in the future.