SABLE ENGINE LICENSE AGREEMENT
Version 1.0

Copyright (c) 2024 Pegasus Heavy Industries LLC. All rights reserved.

TERMS AND CONDITIONS

1. DEFINITIONS

   "License" refers to this Sable Engine License Agreement.

   "Licensor" refers to Pegasus Heavy Industries LLC.

   "Software" refers to the Sable Engine and all associated source code,
   documentation, and related materials.

   "Team" refers to the total number of individuals who directly access,
   modify, or work with the Software in any capacity during the development
   of a Licensed Product. This includes employees, contractors, and any
   other contributors.

   "Licensed Product" refers to any software, game, application, or other
   product developed using the Software.

   "Net Revenue" refers to gross revenue received from sales of Licensed
   Products, less applicable platform fees, payment processing fees,
   refunds, and taxes.

2. GRANT OF LICENSE

   Subject to the terms of this License, Licensor grants you a non-exclusive,
   worldwide, non-transferable license to use, copy, modify, and create
   derivative works of the Software for the purpose of developing Licensed
   Products.

3. LICENSE TIERS

   A. FREE TIER (Teams of Fewer Than 5)

      If your Team consists of fewer than five (5) individuals, you may use
      the Software free of charge, subject to all other terms of this License.
      No revenue share or licensing fees are required.

   B. COMMERCIAL TIER (Teams of 5 or More)

      If your Team consists of five (5) or more individuals, the following
      terms apply:

      i.   You must pay to Licensor a royalty equal to ten percent (10%) of
           Net Revenue from all sales of Licensed Products.

      ii.  Royalty payments are due quarterly, within thirty (30) days of the
           end of each calendar quarter.

      iii. You must maintain accurate records of all sales and provide
           Licensor with quarterly reports detailing gross revenue, applicable
           deductions, and Net Revenue.

      iv.  Licensor reserves the right to audit your records upon reasonable
           notice.

4. TEAM SIZE CHANGES

   If your Team size increases to five (5) or more individuals during
   development, you must notify Licensor within thirty (30) days and begin
   paying royalties on Net Revenue from that point forward. Revenue earned
   prior to reaching the five-person threshold is not subject to royalties.

5. RESTRICTIONS

   You may NOT:

   A. Redistribute the Software as a standalone product or engine.

   B. Sublicense, sell, or transfer the Software separately from a
      Licensed Product.

   C. Remove or alter any copyright notices or this License from the Software.

   D. Use the Software to create a product that competes directly with the
      Software itself (i.e., another game engine).

6. ATTRIBUTION

   All Licensed Products must include the following attribution in a
   reasonably visible location (such as credits, about screen, or
   documentation):

   "Built with Sable Engine © Pegasus Heavy Industries LLC"

7. 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 AND NONINFRINGEMENT. IN NO EVENT SHALL
   THE LICENSOR BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER
   IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN
   CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

8. LIMITATION OF LIABILITY

   IN NO EVENT SHALL LICENSOR'S TOTAL LIABILITY TO YOU FOR ALL DAMAGES EXCEED
   THE AMOUNT OF ROYALTIES PAID BY YOU TO LICENSOR IN THE TWELVE (12) MONTHS
   PRECEDING THE CLAIM.

9. TERMINATION

   A. This License terminates automatically if you fail to comply with any
      of its terms.

   B. Upon termination, you must cease all use of the Software and destroy
      all copies in your possession.

   C. Sections 5, 7, 8, and 10 survive termination.

10. GOVERNING LAW

    This License shall be governed by and construed in accordance with the
    laws of the State of Delaware, United States, without regard to its
    conflict of law provisions.

11. ENTIRE AGREEMENT

    This License constitutes the entire agreement between you and Licensor
    regarding the Software and supersedes all prior agreements and
    understandings.

12. CONTACT

    For licensing inquiries, royalty payments, or questions:

    Pegasus Heavy Industries LLC
    Email: licensing@pegasusheavyindustries.com

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BY USING THE SOFTWARE, YOU ACKNOWLEDGE THAT YOU HAVE READ THIS LICENSE,
UNDERSTAND IT, AND AGREE TO BE BOUND BY ITS TERMS AND CONDITIONS.

