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Oculus VR Rift DK2 - Terms and Conditions; Product Use, License, and Limitations; Ownership, Feedback, and Confidentiality; Termination and Compliance

Oculus VR Rift DK2
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16 TM & © 2014 Oculus VR, LLC. All Rights Reserved. TM & © 2014 Oculus VR, LLC. All Rights Reserved. 17
Oculus Rift Development Kit 2
TERMS AND CONDITIONS
USE OF THE PRODUCT; LICENSE; LIMITATIONS. You agree to use the headset
for software development purposes only, and not for resale, for hire, or for other
commercial purposes. Oculus grants you a non-exclusive, non-transferable, limited
right and license to use the Firmware solely in accordance with these Terms and
Conditions. All rights not specically granted herein are reserved by Oculus and,
as applicable, Oculus’ licensors. This license confers no title or ownership in the
Firmware and should not be construed as a sale of any rights therein. You agree
not to: (a) sell, rent, lease, sublicense, distribute or otherwise transfer the Firmware
without the express prior written consent of Oculus; (b) reverse engineer, derive
source code from, modify source code from, or decompile source code from the
Product in whole or in part, or (c) make any commercial use of the Product without
the prior written consent of Oculus. Oculus shall have no obligation to provide any
updates or upgrades to the Firmware, but in the event that it does, such updates,
upgrades and any documentation shall be deemed part of the Firmware, and shall be
subject to these Terms and Conditions.
OWNERSHIP. As between you and Oculus, Oculus shall own all right, title, and
interest in and to the Firmware and any and all modications or copies thereof or
improvements thereto. You will have only the limited license to use the Firmware in
accordance with these Terms & Conditions. As between you and Oculus, you shall
own all right, title, and interest in any content that you create using the Product.
FEEDBACK. Any feedback you provide to Oculus regarding the Product, including
but not limited to impressions, experiences, ideas, suggestions, and criticisms (the
“Feedback”) shall be owned exclusively by Oculus. You hereby assign all right, title,
and interest in and to the Feedback to Oculus, and Oculus shall be free to use and
incorporate the Feedback into current and future versions of the Product and related
software and hardware in Oculus’ sole discretion.
CONFIDENTIALITY. You acknowledge that the Product contains valuable trade
secrets and proprietary information owned by Oculus, and you agree not to disclose
such trade secrets without the advance written consent of Oculus. Furthermore, you
agree to take reasonable measures to safeguard the condentiality of Oculus’ trade
secrets.
TERMINATION. Without prejudice to any other rights of Oculus, your rights to use
the Firmware will terminate automatically if you fail to comply with these Terms and
Conditions. Additionally, Oculus may terminate your right to use the Firmware for
any reason immediately upon written notice to you. Following termination, you
shall immediately stop using the Firmware and shall promptly delete the Firmware,
including all copies thereof, from all devices in your possession.

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