Document:

EXHIBIT
      10.24

    

    

    EMPLOYMENT
      AGREEMENT

    

    

    This
      Employment Agreement (this “Agreement”) is made and entered into by and between
      Digital Domain, Inc. (the “Company”) and Joseph M. Gabriel
      (“Employee”).

    

    1.
      Employment.

    

    The
      Company agrees to employ Employee, and Employee agrees to perform his services
      exclusively for the Company, on the terms and conditions set forth in this
      Agreement.

    

    2.
      Term.

    

    The
      term
      of this Agreement shall commence on January 16, 2007 (“Commencement Date”) and
      shall terminate on January 15, 2009 (the “Term”), unless terminated sooner
      pursuant to the provisions of Section 6. On the second anniversary of the
      Commencement Date, the Term shall, subject to the termination provisions of
      Section 6, be automatically extended for an additional period of one year
      ending on January 15, 2010, unless either the Company or Employee notifies
      the other in writing, not less than one hundred twenty (120) days prior to
      such
      second anniversary, that it or he does not wish the Term to be so
      extended.

    

    3.
      Position
      and Duties.
      

    

    During
      the term of his employment under this Agreement, Employee shall serve as
“General Counsel and Vice President” of the Company. In such position, Employee
      will have the authority and responsibility normally attendant to an employee
      holding such position and will, among other things, be responsible for
      (i) overseeing and managing the legal department of the Company,
      (ii) guiding the Company in all legal aspects of its activities, including,
      without limitation, in the areas of litigation, contractual matters, employment,
      and financing and other corporate transactions, (iii) participating as a
      member of the Company’s Executive Staff, (iv) advising the Board of
      Directors and the Chief Executive Officer of the Company on legal matters,
      (v) using his best efforts to adhere to the budgets set forth and approved
      by the Company, (vi) taking direction from the Board of Directors and Chief
      Executive Officer of the Company and (vii) acting at all times in the
      Company’s best interests. From time to time Employee may be asked to perform
      other duties for the Company which may include, but shall not be limited to,
      sitting on various committees, acting on behalf of the Company for trade
      organizations, and/or assisting others in the Company in their divisions.
      Employee shall report solely and directly to the Chief Executive Officer of
      the
      Company. Employee will at all times perform all of the duties and obligations
      required of him by the terms of this Agreement in a loyal and conscientious
      manner and to the best of Employee’s ability and experience. Employee shall
      render the services required of him under this Agreement primarily in Los
      Angeles County, California.

    

    4.
      Base
      Salary and Bonus Compensation; Stock Option.
      

    

    (a)
      In
      consideration for all rights and services provided by Employee, Employee shall
      receive an annual base salary during the Term (the “Base Salary”), which shall
      initially be in the amount of $300,000 and which shall be payable at such
      intervals as salaries are paid by the Company to other employees of the Company
      (but no less frequently than monthly), subject to the usual and required
      employee payroll deductions and withholdings. Any increase in the Base Salary
      during the Term shall be in the sole and absolute discretion of the Board of
      Directors of the Company.

    

    (b)
      In
      addition to the Base Salary, Employee will be eligible to receive bonuses in
      such amounts, if any, as are determined by the Company’s Board of Directors in
      its sole and absolute discretion. Employee must remain continuously employed
      by
      the Company through the date on which any such bonus is paid to be eligible
      to
      receive such bonus, and each such bonus shall be subject to all required
      federal, state and local tax withholding.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (c)
      Employee also shall be granted a non-qualified stock option (the “Option”) to
      purchase an aggregate of 200,000 shares of the common stock (the “Common Stock”)
      of the Company’s parent corporation, Wyndcrest DD Holdings, Inc. (“Wyndcrest”).
      The Option shall vest as follows: one-eighth (1/8) thereof shall vest on the
      date six (6) months following the Commencement Date and one-eighth (1/8)
      portions thereof shall vest on the final date of each 6 month period thereafter
      until such Option is fully vested, provided that all vesting under the Option
      shall cease as of the date that Employee’s employment by the Company ceases for
      any reason. The Option will have an exercise price per share equal to the fair
      market value of a share of Common Stock on the date of grant, as determined
      by
      the Board of Directors of Wyndcrest, and will be governed in all other respects
      by (and Employee agrees to enter into) Wyndcrest’s standard form of stock option
      agreement, and by the terms of the equity incentive plan under which it is
      granted. 

    

    5.
      Expenses
      and Benefits.
      

    

    (a)
      Employee shall be entitled to reimbursement for all reasonable and ordinary
      expenses incurred by Employee in the course of, and directly related to, the
      rendering of services pursuant to this Agreement in accordance with the
      Company’s policies for reimbursement of such expenses, and the limitations
      thereon, that are in effect at the time such expenses are incurred. Such
      expenses shall be supported by reasonable documentation and accepted standards
      and rules that the Company will put into place from time to time. 

    

    (b)
      During his employment under this Agreement, Employee shall be entitled to
      participate in or receive benefits under the Company’s medical, health,
      disability, retirement, welfare, pension, profit-sharing and insurance plans
      then in effect and generally made available from time to time to the senior
      management employees of the Company, subject to and on a basis consistent with
      the terms, conditions and overall administration of such plans and
      arrangements.

    

    (c)
      Employee shall be entitled to twenty (20) days of paid vacation each 12-month
      period during the Term. Such vacation time shall accrue and cumulate in
      accordance with the Company’s vacation policy.

    

    6.
      Termination.
      

    

    (a)
      The
      Company may terminate Employee’s employment and the Company’s obligations under
      this Agreement at any time for any reason, or for no reason, for cause or
      without cause, subject only to the termination compensation requirements set
      forth in Section 7. The following shall constitute termination “for
      cause”:

    

    
      	 	
              (1)
                

            	
              Employee’s
                death or permanent disability; or

            

    

    

    
      	 	
              (2)
                

            	
              The
                Company’s termination of Employee’s employment under any of the following
                circumstances, which also shall without limitation each be deemed
                to be a
                material breach of this Agreement: 

            

    

    

    
      	 	
              (i)
                

            	
              The
                failure by Employee to substantially perform his duties (other than
                any
                such failure resulting from the Employee’s temporary incapacity due to
                physical or mental illness);

            

    

    

    
      	 	
              (ii)
                

            	
              The
                material breach by Employee of any material covenant contained in
                this
                Agreement or in Exhibit A attached
                hereto;

            

    

    

    
      	 	
              (iii)
                

            	
              The
                engaging by Employee in conduct adverse to the
                Company;

            

    

    

    
      	 	
              (iv)
                

            	
              The
                material breach by Employee of any material provision of the Company’s
                rules, regulations, policies or procedures in effect from time to
                time;

            

    

    

    
      	 	
              (v)
                

            	
              The
                repudiation or purported termination of this Agreement by Employee
                (other
                than a termination by Employee pursuant to Section 6(b)); or
                

            

    

    

    
      	 	
              (vi)
                

            	
              The
                conviction (by trial or upon a plea) of Employee of a felony involving
                moral turpitude; 

            

    

    

    provided
      that, with respect to paragraphs (i), (ii), (iii) and (iv) supra,
      if the
      underlying breach is capable of cure, the basis of a “for cause” termination by
      the Company shall only arise if such breach is not cured within thirty (30)
      days
      after written demand for cure is given to Employee by the Company identifying
      such breach with reasonable particularity.

    
      
         

      

      
        Page
          2

        
          

        

      

      
         

      

    

    (b)
      Employee may terminate Employee’s employment under this Agreement and the
      Company’s obligations under this Agreement if:

    

    
      	 	
              (1)
                

            	
              The
                Company materially breaches any material covenant contained in this
                Agreement which breach, if capable of cure, is not cured within thirty
                (30) days after written demand for cure is given to the Company by
                Employee identifying the breach with reasonable particularity;
                or

            

    

    

    
      	 	
              (2)
                

            	
              The
                Company assigns to Employee duties and responsibilities substantially
                inconsistent with the duties and responsibilities described in Section
                3
                of this Agreement and (i) Employee thereafter notifies the Company
                in
                writing of the fact that Employee believes such has occurred, describing
                with reasonable particularity the facts upon which such conclusion
                is
                based, and (ii) the Company fails, within thirty (30) days following
                receipt of such notice, to reassign to Employee duties and
                responsibilities substantially consistent with those described in
                Section
                3 hereof.

            

    

    

    (c)
      Any
      termination by the Company or by Employee pursuant to paragraphs (a) or (b)
      of
      this Section 6 shall be effected by written notice of termination given to
      the
      other, and such termination shall be effective upon the giving of such notice,
      unless, in the case of a termination notice given by the Company to Employee,
      such notice states that the termination shall become effective on a later date
      (“Delayed Termination”), in which case such termination shall become effective
      on the date set forth in the notice. In the event of a Delayed Termination,
      the
      Company shall have the right in its sole discretion to determine whether or
      not
      Employee comes into the office and works during the period of time from the
      date
      the notice is given until the termination date; provided that, in any case,
      Employee shall be considered a full-time employee of the Company through the
      termination date.

    

    7.
      Compensation
      Upon Termination.

    

    (a)
      If
      the Company terminates Employee’s employment and its obligations under this
      Agreement for cause, the Company shall pay Employee his Base Salary and accrued
      but unused vacation through the date on which his employment hereunder is
      terminated, and the Company shall have no other obligations to Employee under
      this Agreement after the date of termination; provided that the Company shall
      retain all rights and remedies it may have against Employee by reason of any
      breach of this Agreement by Employee.

    

    (b)
      If
      the Company terminates Employee’s employment under this Agreement other than for
      cause, or if Employee terminates such employment pursuant to Section 6(b) of
      this Agreement, then in either such event the Company shall pay Employee his
      accrued compensation through the date on which his employment is terminated,
      and
      additionally shall continue to pay to Employee the Base Salary for a period
      equal to the remainder of the Term. Continuation of Base Salary under this
      clause (b) shall be paid in accordance with the Company’s normal payroll
      practices at the time such amounts would otherwise have been paid to Employee,
      except as provided in Section 11(g) to comply with the requirements of Section
      409A of the Internal Revenue Code of 1986, as amended (the “Code”). The Company
      retains the right to discontinue any severance payments if Employee, after
      termination, acts in a manner so as to harm or defame the Company. 

    

    8.
      Non-Solicitation
      of Employees.
      

    

    Employee
      agrees that he will not at any time during the Term, or during the twelve-month
      period following any termination of this Agreement or his employment hereunder,
      solicit (directly or indirectly) any employees or then engaged contractors
      of
      the Company to render services as an employee or contractor for or on behalf
      of
      Employee or any other person. 

    

    9.
      Confidentiality.
      

    

    The
      terms
      of the Confidential Information and Inventions Agreement attached hereto as
      Exhibit A are incorporated herein by this reference as if set forth in full
      herein and Employee agrees to act in accordance with and be bound by all of
      such
      terms. Employee covenants and agrees to keep the specific terms and provisions
      of this Agreement in strictest confidence and not to disclose the same to any
      other person, other than (a) to Employee’s legal, financial and accounting
      advisers, to the extent necessary in order for them to discharge their
      professional responsibilities to Employee, (b) as required by applicable law
      or
      a court order binding on Employee, (c) in order to enforce or judicially
      construe this Agreement, or (d) for the purpose of providing information
      relating to Employee’s income to prospective employers, creditors and other
      third parties with a legitimate financial interest therein.

    
      
         

      

      
        Page
          3

        
          

        

      

      
         

      

    

    10.
      Rules,
      Regulations, Policies and Procedures.

    

    Employee
      acknowledges that he shall perform his services in full compliance with all
      of
      the Company’s rules, regulations, policies and procedures, as the same may be in
      effect from time to time.

    

    11.
      Miscellaneous
      Provisions.

    

    (a)
      Notices.
      All
      notices or other communications required or permitted to be given pursuant
      to
      this Agreement shall be in writing and shall be considered properly given if
      delivered to the address set forth below, in the case of the Company, or to
      the
      address set forth beneath Employee’s signature hereto, in the case of Employee,
      by (1) U.S. certified mail, return receipt requested, postage prepaid, (2)
      facsimile with confirmation of successful transmission, or (3) personal
      delivery. Either party may change his or its address by giving written notice
      of
      the change to the other party in accordance with this provision. Any notice
      given prior to the notice of change of address shall not be affected by the
      notice of address change.

    

    Address
      for the Company:

    

    Digital
      Domain, Inc.

    300
      Rose
      Avenue

    Venice,
      California 90291

    Attention:
      Chief Executive Officer

    Telecopier:
      (310) 314-2870

    

    with
      a
      copy to:

    

    D.
      Thomas
      Triggs

    Sullivan
      & Triggs, LLP

    1230
      Montana Avenue

    Suite
      201

    Santa
      Monica, California 90403

    

    (b)
      Entire
      Agreement; Amendment.
      This
      Agreement constitutes the entire agreement between the parties with respect
      to
      the subject matter hereof and supersedes all prior agreements between the
      parties with respect thereto. This Agreement may only be amended or modified
      pursuant to a writing executed by both of the parties hereto.

    

    (c)
      Employee
      Representation.
      Employee hereby represents to the Company that the execution and delivery of
      this Agreement by Employee and the Company and the performance by Employee
      of
      Employee’s duties hereunder shall not constitute a breach of, or otherwise
      contravene, the terms of any employment agreement or other agreement or policy
      to which Employee is a party or otherwise bound.

    

    (d)
      Governing
      Law and Venue.
      This
      Agreement shall be enforced, governed by and construed in accordance with the
      laws of the State of California. The parties agree that all actions or
      proceedings initiated by either party hereto arising directly or indirectly
      out
      of this Agreement shall be litigated in federal or state court in Los Angeles,
      California. The parties hereto expressly submit and consent in advance to such
      jurisdiction and agree that service of summons and complaint or other process
      or
      papers may be made by registered or certified mail addressed to the relevant
      party at the address set forth herein. The parties hereto waive any claim that
      a
      federal or state court in Los Angeles, California, is an inconvenient or an
      improper forum.

    

    (e)
      Assignment.
      This
      Agreement, and all of Employee’s rights and duties hereunder, shall not be
      assignable or delegable by Employee. Any purported assignment or delegation
      by
      Employee in violation of the foregoing shall be null and void ab initio
      and of
      no force and effect. This Agreement may be assigned by the Company to a person
      or entity which is an affiliate or a successor in interest to substantially
      all
      of the business operations of the Company. Upon such assignment, the rights
      and
      obligations of the Company hereunder shall become the rights and obligations
      of
      such affiliate or successor person or entity. 

    

    (f)
      Survival.
      The
      terms set forth in Sections 7-11, inclusive, shall survive any expiration or
      termination of this Agreement.

    
      
         

      

      
        Page
          4

        
          

        

      

      
         

      

    

    (g)
      Section
      409A.
      All
      payments of “nonqualified deferred compensation” (within the meaning of Section
      409A of the Code) are intended to comply with the requirements of Code Section
      409A, and shall be interpreted in accordance therewith. Neither party
      individually or in combination may accelerate any such deferred payment, except
      in compliance with Code Section 409A, and no amount shall be paid prior to
      the
      earliest date on which it is permitted to be paid under Code Section 409A.
      In
      the event that Employee is determined to be a “specified employee” (as defined
      in Code Section 409A(a)(2)(B) (and regulations and guidance thereunder)) of
      the
      Company at a time when its stock is deemed to be publicly traded on an
      established securities market, payments determined to be “nonqualified deferred
      compensation” payable following termination of employment shall be made no
      earlier than the earlier of (i) the last day of the sixth (6th) complete
      calendar month following such termination of employment, or (ii) Employee’s
      death, consistent with the provisions of Code Section 409A. Any payment delayed
      by reason of the prior sentence shall be paid out in a single lump sum at the
      end of such required delay period in order to catch up to the original payment
      schedule. Unless otherwise expressly provided, any payment of compensation
      by
      the Company to Employee, whether pursuant to this Agreement or otherwise, shall
      be made within two and one-half months (21⁄2 months) after the end of the
      Company’s fiscal year in which Employee’s right to such payment vests (i.e., is
      not subject to a substantial risk of forfeiture for purposes of Code Section
      409A). Notwithstanding anything herein to the contrary, no amendment may be
      made
      to this Agreement if it would cause the Agreement or any payment hereunder
      not
      to be in compliance with Code Section 409A.

    

    (h)
      Cooperation.
      Employee shall provide Employee’s reasonable cooperation in connection with any
      action or proceeding (or any appeal from any action or proceeding) which relates
      to events occurring during Employee’s employment hereunder, provided that the
      Company reimburses Employee for any costs or expenses reasonably incurred in
      connection with such cooperation. 

    

    (i)
      Severability.
      If any
      provision of this Agreement is determined to be invalid or unenforceable for
      any
      reason and to any extent, the remainder of this Agreement shall not be affected
      thereby, but shall be enforced to the greatest extent permitted by
      law.

    

    (j)
      Captions.
      All
      titles and captions of sections and subsections contained in this Agreement
      are
      for convenience of reference only and shall not be deemed part of this
      Agreement.

    

    (k)
      Counterparts.
      This
      Agreement may be signed in counterparts, each of which shall be an original,
      with the same effect as if the signatures thereto were upon the same
      instrument.

    

    

    [signature
      page follows]

    
      
         

      

      
        Page
          5

        
          

        

      

      
         

      

    

    In
      witness whereof, the parties hereto intending to be bound thereby hereby execute
      and deliver this Employment Agreement as of the __ day of December,
      2006.

    

    DIGITAL
      DOMAIN, INC.

    

    

    
      	
              ______________________________________

            	 	
              _______________________________________

            
	
              Carl
                Stork

              Chief
                Executive Officer

            	 	
              JOSEPH
                M. GABRIEL

            
	
              Address:   
                

            	
              _______________________________________

            
	 	 	
              _______________________________________

            
	 	 	
              _______________________________________

            
	 	 	
              _______________________________________

            
	 	 	 

    

    

     

    
      
         

      

      
        Page
          6

        
          

        

      

      
         

      

    

    EXHIBIT
      A

     

    

     

    [See
      Attached Employee Confidential Information and Inventions
      Agreement]

     

    
      
         

      

      
        Page
          7EXHIBIT
      10.25

    END
      USER LICENSE AGREEMENT (Nuke)

    

    IMPORTANT:
      BY INSTALLING THIS SOFTWARE YOU ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT,
      UNDERSTAND IT AND AGREE TO BE BOUND BY ITS TERMS AND CONDITIONS. IF YOU DO
      NOT
      AGREE TO THE TERMS OF THIS AGREEMENT DO NOT INSTALL, COPY OR USE THE
      SOFTWARE.

    

    This
      END USER SOFTWARE LICENSE AGREEMENT (this "Agreement") is made by and between
      The Foundry Visionmongers Ltd., a company registered in England and Wales,
      ("The
      Foundry"), and you, as either an individual or a single entity ("Licensee").
      

    In
      consideration of the mutual covenants contained herein and for other good and
      valuable consideration (the receipt and sufficiency of which is acknowledged
      by
      each party hereto) the parties agree as follows:

    

    SECTION
      1. GRANT OF LICENSE. 

    Subject
      to the limitations of Section 2, The Foundry hereby grants to Licensee a
      limited, non-transferable and non-exclusive license to install and use a machine
      readable, object code version of this software program (the "Software") and
      the
      accompanying user guide and other documentation (collectively, the
      "Documentation") solely for Licensee's own internal business purposes
      (collectively, the "License"); provided, however, Licensee's right to install
      and use the Software and the Documentation is limited to those rights expressly
      set out in this Agreement.

    

    SECTION
      2. RESTRICTIONS ON USE. 

    Licensee
      is authorized to use the Software in machine readable, object code form only,
      and Licensee shall not: (a) assign, sublicense, transfer, pledge, lease, rent,
      share or export the Software, the Documentation or Licensee's rights hereunder;
      (b) alter or circumvent the copy protection mechanisms in the Software or
      reverse engineer, decompile, disassemble or otherwise attempt to discover the
      source code of the Software; (c) modify, adapt, translate or create derivative
      works based on the Software or Documentation; (d) use, or allow the use of,
      the
      Software or Documentation on any project other than a project produced by
      Licensee (an "Authorized Project"); (e) allow or permit anyone (other than
      Licensee and Licensee's authorized employees to the extent they are working
      on
      an Authorized Project) to use or have access to the Software or Documentation;
      (f) copy or install the Software or Documentation other than as expressly
      provided for herein; or (g) take any action, or fail to take action, that could
      adversely affect the trademarks, service marks, patents, trade secrets,
      copyrights or other intellectual property rights of The Foundry or any third
      party with intellectual property rights in the Software (each, a "Third Party
      Licensor"). Furthermore, for purposes of this Section 2, the term "Software"
      shall include any derivatives of the Software. 

    

    Licensee
      shall install and use only a single copy of the Software on one computer, unless
      the Software is installed in a "floating license" environment, in which case
      Licensee may install the Software on more than one computer; provided, however,
      Licensee shall not at any one time use more copies of the Software than the
      total number of valid Software licenses purchased by Licensee. 

    

    Furthermore,
      the Software can be licensed on an "interactive" or "non-interactive" basis.
      Licensee shall be authorized to use a non-interactive version of the Software
      for rendering purposes only (i.e., on a CPU, without a user, in a
      non-interactive capacity) and shall not use such Software on workstations or
      otherwise in a user-interactive capacity. Licensee shall be authorized to use
      an
      interactive version of the Software for both interactive and non-interactive
      rendering purposes. 

    Finally,
      if the Software is an "Educational Version," Licensee may use it only for the
      purpose of training and instruction, and for no other purpose. Educational
      Versions of the Software may not be used for commercial, professional or
      for-profit purposes. 

    

    SECTION
      3. BACK-UP COPY. 

    Notwithstanding
      Section 2, Licensee may store one copy of the Software and Documentation
      off-line and off-site in a secured location owned or leased by Licensee in
      order
      to provide a back-up in the event of destruction by fire, flood, acts of war,
      acts of nature, vandalism or other incident. In no event may Licensee use the
      back-up copy of the Software or Documentation to circumvent the usage or other
      limitations set forth in this Agreement.

    

    SECTION
      4. OWNERSHIP. 

    Licensee
      acknowledges that the Software and Documentation and all intellectual property
      rights relating thereto are and shall remain the sole property of The Foundry
      and the Third Party Licensors. Licensee shall not remove, or allow the removal
      of, any copyright or other proprietary rights notice included in and on the
      Software or Documentation or take any other action that could adversely affect
      the property rights of The Foundry or any Third Party Licensor. To the extent
      that Licensee is authorized to make copies of the Software or Documentation
      under this Agreement, Licensee shall reproduce in and on all such copies any
      copyright and/or other proprietary rights notices provided in and on the
      materials supplied by The Foundry hereunder. Nothing in this Agreement shall
      be
      deemed to give Licensee any rights in the trademarks, service marks, patents,
      trade secrets, copyrights or other intellectual property rights of The Foundry
      or any Third Party Licensor, and Licensee shall be strictly prohibited from
      using the name, trademarks or service marks of The Foundry or any Third Party
      Licensor in Licensee's promotion or publicity without The Foundry's express
      written approval. 

    

    SECTION
      5. LICENSE FEE. 

    Licensee
      understands that the benefits granted to Licensee hereunder are contingent
      upon
      Licensee's payment in full of the license fee payable in connection herewith
      (the "License Fee"). 

    

    SECTION
      6. UPGRADES/ENHANCEMENTS. 

    As
      long as Licensee pays the applicable fee for annual support, upgrades and
      updates (“Annual Upgrade and Support Program”), The Foundry or its authorized
      reseller will provide Licensee with access to upgrades and updates, if any,
      made
      available by The Foundry on the terms and conditions set forth in this
      Agreement, unless such upgrade or update contains a separate license. The term
      shall begin upon the date of purchase and continue for 12 months, unless
      otherwise expressly agreed to in writing by The Foundry. Before requesting
      technical support, purchasers of the Annual Upgrade and Support Program must
      send an email to support@thefoundry.co.uk in order to register the names of
      up
      to 2 employees who shall then become the technical representatives of the
      purchaser. The Foundry will endeavour to provide news of upgrades and technical
      support to the technical representatives; however, The Foundry cannot guarantee
      resolution or the results of any assistance that may be provided. The Foundry’s
      technical support personnel can be contacted by phone Monday through Friday
      (excluding holidays) during normal business hours 0930-1800, and by email at
      support@thefoundry.co.uk. Subsequent renewals of the Annual Upgrade and Support
      Program will be charged at the rate shown in The Foundry's current price list.
      

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    SECTION
      7. TAXES AND DUTIES. 

    Licensee
      agrees to pay, and indemnify The Foundry from claims for, any local, state
      or
      national tax (exclusive of taxes based on net income), duty, tariff or other
      impost related to or arising from the transaction contemplated by this
      Agreement. 

    

    SECTION
      8. LIMITED WARRANTY. 

    The
      Foundry warrants that, for a period of ninety (90) days after delivery of the
      Software: (a) the machine readable electronic files constituting the Software
      and Documentation shall be free from errors that may arise from the electronic
      file transfer from The Foundry and/or its authorized reseller to Licensee;
      and
      (b) to the best of The Foundry's knowledge, Licensee's use of the Software
      in
      accordance with the Documentation will not, in and of itself, infringe any
      third
      party's copyright, patent or other intellectual property rights. Except as
      warranted, the Software and Documentation is being provided "as is." THE
      FOREGOING LIMITED WARRANTY IS IN LIEU OF ALL OTHER WARRANTIES OR CONDITIONS,
      EXPRESS OR IMPLIED, AND The Foundry DISCLAIMS ANY AND ALL IMPLIED WARRANTIES
      OR
      CONDITIONS, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF TITLE,
      NON-INFRINGEMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE,
      REGARDLESS OF WHETHER The Foundry KNOWS OR HAS REASON TO KNOW OF LICENSEE'S
      PARTICULAR NEEDS. The Foundry does not warrant that the Software or
      Documentation will meet Licensee's requirements or that Licensee's use of the
      Software will be uninterrupted or error free. No employee or agent of The
      Foundry is authorized to modify this limited warranty, nor to make additional
      warranties. No action for any breach of the above limited warranty may be
      commenced more than one (1) year after Licensee's initial receipt of the
      Software. To the extent any implied warranties may not be disclaimed under
      applicable law, then ANY IMPLIED WARRANTIES ARE LIMITED IN DURATION TO NINETY
      (90) DAYS AFTER DELIVERY OF THE SOFTWARE TO LICENSEE. 

    

    SECTION
      9. LIMITED REMEDY. 

    The
      exclusive remedy available to the Licensee in the event of a breach of the
      foregoing limited warranty, TO THE EXCLUSION OF ALL OTHER REMEDIES, is for
      Licensee to destroy all copies of the Software, send The Foundry a written
      certification of such destruction and, upon The Foundry's receipt of such
      certification, The Foundry will make a replacement copy of the Software
      available to Licensee. 

    

    SECTION
      10. INDEMNIFICATION. 

    Licensee
      agrees to indemnify, hold harmless and defend The Foundry and The Foundry's
      affiliates, officers, directors, shareholders, employees, authorized resellers,
      agents and other representatives (collectively, the "Released Parties") from
      all
      claims, defense costs (including, but not limited to, attorneys' fees),
      judgments, settlements and other expenses arising from or connected with the
      operation of Licensee's business or Licensee's possession or use of the Software
      or Documentation. 

    

    SECTION
      11. LIMITED LIABILITY. 

    In
      no event shall the Released Parties' cumulative liability to Licensee or any
      other party for any loss or damages resulting from any claims, demands or
      actions arising out of or relating to this Agreement (or the Software or
      Documentation contemplated herein) exceed the License Fee paid to The Foundry
      or
      its authorized reseller for use of the Software. Furthermore, IN NO EVENT SHALL
      THE RELEASED PARTIES BE LIABLE TO LICENSEE UNDER ANY THEORY FOR ANY INDIRECT,
      SPECIAL, INCIDENTAL, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES (INCLUDING
      DAMAGES FOR LOSS OF BUSINESS OR LOSS OF PROFITS) OR THE COST OF PROCUREMENT
      OF
      SUBSTITUTE GOODS OR SERVICES, REGARDLESS OF WHETHER THE RELEASED PARTIES KNOW
      OR
      HAVE REASON TO KNOW OF THE POSSIBILITY OF SUCH DAMAGES AND REGARDLESS OF WHETHER
      ANY REMEDY SET FORTH HEREIN FAILS OF ITS ESSENTIAL PURPOSE. No action arising
      out of or related to this Agreement, regardless of form, may be brought by
      Licensee more than one (1) year after Licensee's initial receipt of the
      Software; provided, however, to the extent such one (1) year limit may not
      be
      valid under applicable law, then such period shall limited to the shortest
      period allowed by law. 

    

    SECTION
      12. TERM; TERMINATION. 

    This
      Agreement is effective upon Licensee's acceptance of the terms hereof (by
      clicking on the "Accept" button) and Licensee's payment of the License Fee,
      and
      the Agreement will remain in effect until termination. If Licensee breaches
      this
      Agreement, The Foundry may terminate the License granted hereunder by notice
      to
      Licensee. In the event the License is terminated, Licensee will either return
      to
      The Foundry all copies of the Software and Documentation in Licensee's
      possession or, if The Foundry directs in writing, destroy all such copies.
      In
      the later case, if requested by The Foundry, Licensee shall provide The Foundry
      with a certificate signed by an officer of Licensee confirming that the
      foregoing destruction has been completed. 

    

    SECTION
      13. CONFIDENTIALITY. 

    Licensee
      agrees that the Software and Documentation are proprietary and confidential
      information of The Foundry and that all such information and any communications
      relating thereto (collectively, "Confidential Information") are confidential
      and
      a fundamental and important trade secret of The Foundry. Licensee shall disclose
      Confidential Information only to Licensee's employees who are working on an
      Authorized Project and have a "need-to-know" such Confidential Information,
      and
      shall advise any recipients of Confidential Information that it is to be used
      only as authorized in this Agreement. Licensee shall not disclose Confidential
      Information or otherwise make any Confidential Information available to any
      other of Licensee's employees or to any third parties without the express
      written consent of The Foundry. Licensee agrees to segregate, to the extent
      it
      can be reasonably done, the Confidential Information from the confidential
      information and materials of others in order to prevent commingling. Licensee
      shall take reasonable security measures, which such measures shall be at least
      as great as the measures Licensee uses to keep Licensee's own confidential
      information secure (but in any case using no less than a reasonable degree
      of
      care), to hold the Software, Documentation and any other Confidential
      Information in strict confidence and safe custody. The Foundry may request,
      in
      which case Licensee agrees to comply with, certain reasonable security measures
      as part of the use of the Software and Documentation. Licensee acknowledges
      that
      monetary damages may not be a sufficient remedy for unauthorized disclosure
      of
      Confidential Information, and that The Foundry shall be entitled, without
      waiving any other rights or remedies, to such injunctive or equitable relief
      as
      may be deemed proper by a court of competent jurisdiction. 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    SECTION
      14. INSPECTION. 

    Licensee
      shall advise The Foundry on demand of all locations where the Software or
      Documentation is used or stored. Licensee shall permit The Foundry or its
      authorized agents to inspect all such locations during normal business hours
      and
      on reasonable advance notice. 

    

    SECTION
      15. NONSOLICITATION. 

    Licensee
      agrees not to solicit for employment or retention, and not to employ or retain,
      any of The Foundry's current or future employees who were or are involved in
      the
      development and/or creation of the Software. 

    

    SECTION
      16. U.S. GOVERNMENT LICENSE RIGHTS. 

    The
      Software, Documentation and/or data delivered hereunder are subject to the
      terms
      of this Agreement and in no event shall the U.S. Government acquire greater
      than RESTRICTED/LIMITED
      RIGHTS. At a minimum, use, duplication or disclosure by the U.S. Government
      is
      subject to the applicable restrictions of: (i) FAR §52.227-14 ALTS I, II and III
      (June 1987); (ii) FAR §52.227-19 (June 1987); (iii) FAR §12.211 and 12.212;
      and/or (iv) DFARS §227.7202-1(a) and DFARS §227.7202-3. 

     

    The
      Software is the subject of the following notices: 

    *
      Copyright (c) 2007 The Foundry Visionmongers, Ltd.. All Rights Reserved.

    *
      Unpublished-rights reserved under the Copyright Laws of the United Kingdom.
      

    

    SECTION
      17. SURVIVAL. 

    Sections
      2, 4, 5, 7, 8, 9, 10, 11, 13, 14, 15, 16, 17, 18 and 19 shall survive any
      termination or expiration of this Agreement. 

    

    SECTION
      18. IMPORT/EXPORT CONTROLS. 

    To
      the extent that any Software made available hereunder is subject to restrictions
      upon export and/or reexport from the United States, Licensee agrees to comply
      with, and not act or fail to act in any way that would violate, the applicable
      international, national, state, regional and local laws and regulations,
      including, without limitation, the United States Foreign Corrupt Practices
      Act,
      the Export Administration Act and the Export Administration Regulations, as
      amended or otherwise modified from time to time, and neither The Foundry nor
      Licensee shall be required under this Agreement to act or fail to act in any
      way
      which it believes in good faith will violate any such laws or
      regulations.

    

    SECTION
      19. MISCELLANEOUS. 

    This
      Agreement is the exclusive agreement between the parties concerning the subject
      matter hereof and supersedes any and all prior oral or written agreements,
      negotiations, or other dealings between the parties concerning such subject.
      This Agreement may be modified only by a written instrument signed by both
      parties. If any action is brought by either party to this Agreement against
      the
      other party regarding the subject matter hereof, the prevailing party shall
      be
      entitled to recover, in addition to any other relief granted, reasonable
      attorneys' fees and expenses of litigation. Should any term of this Agreement
      be
      declared void or unenforceable by any court of competent jurisdiction, such
      declaration shall have no effect on the remaining terms of this Agreement.
      The
      failure of either party to enforce any rights granted hereunder or to take
      action against the other party in the event of any breach hereunder shall not
      be
      deemed a waiver by that party as to subsequent enforcement of rights or
      subsequent actions in the event of future breaches. This Agreement shall be
      governed by, and construed in accordance with English Law. 

    

     

    Copyright
      (c) 2008 The Foundry Visionmongers Ltd. All Rights Reserved. Do not
      duplicate.

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