This Royalty-Free License Agreement (“Agreement”) is a legal agreement between you (“Licensee”) and The Modern Times Stoic (“Licensor”), for the purchase and use of digital art (“Artwork”). By purchasing Artwork through The Modern Times Stoic, you agree to be bound by the terms of this Agreement. If you do not agree to the terms of this Agreement, do not purchase or use the Artwork.

1. Grant of License The Licensor grants to the Licensee a non-exclusive, non-transferable, worldwide license to use the Artwork subject to the terms and conditions set out in this Agreement. This license allows the Licensee to use the Artwork for personal and commercial purposes, including but not limited to advertising, multimedia projects, web design, and promotional materials.

2. Restrictions

• No Resale of Artwork: The Licensee may not sell, redistribute, or sublicense the Artwork or any derivative works based on the Artwork, either as standalone files or included as part of a product intended primarily for resale.
• No Claim of Trademark or Copyright: The Licensee may not claim trademark or copyright in the Artwork itself, altered or unaltered.
• No Use in Trademark or Logo: The Licensee may not use the Artwork as part of a logo, trademark, or service mark.
• Prohibited Uses: The Licensee may not use the Artwork in a manner that is considered defamatory, libelous, pornographic, or unlawful.

3. Payment and Refunds All payments made to the Licensor for the purchase of Artwork are final and non-refundable. Due to the digital nature of the Artwork, The Modern Times Stoic cannot offer refunds or exchanges for any products purchased, except as required by applicable law.

4. Intellectual Property The Artwork is protected by copyright and/or other intellectual property laws and treaties. The Licensor retains all rights, titles, and interests in and to the Artwork, except as expressly granted in this Agreement. The Licensee does not acquire any copyright, patent, trademark, or other intellectual property rights in the Artwork.

5. Term and Termination This Agreement is effective until terminated. The Licensee can terminate this Agreement by ceasing all use of the Artwork and deleting or destroying all copies. This Agreement will terminate automatically without notice from the Licensor if the Licensee fails to comply with any provision of this Agreement. Upon termination, the Licensee must cease all use of the Artwork and delete or destroy all copies.

6. Disclaimer of Warranties The Artwork is provided “as is”, without warranty of any kind, express or implied, including but not limited to the warranties of merchantability, fitness for a particular purpose, or non-infringement.

7. Limitation of Liability In no event shall the Licensor be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the Artwork, even if the Licensor has been notified orally or in writing of the possibility of such damage.

8. General This Agreement constitutes the entire agreement between the Licensee and the Licensor relating to the Artwork and supersedes all prior or contemporaneous understandings regarding such subject matter.