FabRisk Python Client -- Proprietary Software License

Copyright (c) 2026 42 Advisors. All rights reserved.

This software and its accompanying documentation (the "Software") are the
confidential and proprietary property of 42 Advisors. The Software is licensed,
not sold.

1. Grant of licence

   Subject to the terms below, 42 Advisors grants you a non-exclusive,
   non-transferable, non-sublicensable, revocable licence to install and use the
   Software solely to access the FabRisk API, and solely for as long as you hold
   an active FabRisk subscription or a written agreement with 42 Advisors that
   authorises such access. No other use is permitted.

2. Restrictions

   You may not, except to the extent that applicable law expressly overrides
   this restriction notwithstanding any contractual limitation:

   a. use the Software without an active FabRisk subscription or agreement;
   b. copy, publish, distribute, sell, rent, lease, lend, host as a service, or
      otherwise make the Software available to any third party;
   c. modify, adapt, translate, or create derivative works of the Software;
   d. reverse engineer, decompile, or disassemble the Software, or attempt to
      derive its source code or the design of the FabRisk API;
   e. remove, obscure, or alter any proprietary notice contained in the
      Software;
   f. use the Software to build, train, or evaluate a competing product or
      service.

3. Ownership

   42 Advisors and its licensors retain all right, title, and interest in and to
   the Software, including all intellectual property rights. No rights are
   granted other than the limited licence expressly stated in section 1.

4. Term and termination

   This licence terminates automatically, without notice, upon expiry or
   termination of your FabRisk subscription or agreement, or upon any breach of
   these terms. Upon termination you must cease all use of the Software and
   destroy every copy in your possession or control.

5. No warranty

   THE SOFTWARE 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, TITLE, AND NON-INFRINGEMENT. 42 Advisors
   does not warrant that the Software or the FabRisk API will be uninterrupted,
   error-free, or fit for any particular investment, trading, or risk-management
   purpose. Output of the Software is informational and is not investment
   advice.

6. Limitation of liability

   TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL
   42 ADVISORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL,
   EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, OR
   BUSINESS, ARISING OUT OF OR IN CONNECTION WITH THE SOFTWARE, WHETHER IN
   CONTRACT, TORT, OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH
   DAMAGES.

7. Confidentiality

   The Software, the FabRisk API contract, and any credential issued to you are
   confidential information of 42 Advisors. You must protect them with at least
   the care you apply to your own confidential information, and must not
   disclose them to any third party.

8. Third-party components

   The Software depends on third-party open-source packages that are distributed
   under their own licences. Those licences govern those components; nothing in
   this licence alters them.

9. Governing law

   This licence is governed by French law. The courts of Paris, France have
   exclusive jurisdiction over any dispute arising from it, to the extent
   permitted by applicable law.

Contact: 42 Advisors -- https://fabrisk.42capital.io
