Please read in detail this Terms of Use for “SoundBest PC Full Version Software" (hereinafter the "Software") before installation and use of the Software. This Terms of Use for SoundBest PC Full Version Software (hereinafter the “Agreement”) is a legal agreement for the Software entered into between SK Planet Co., Ltd. (hereinafter “Company”) and users. The Software includes software products, their alpha/beta test releases, and any combinations thereof, whether free or subscription based. The Software is one developed for members who have purchased the subscription-based SoundBest. Users are provided with Serial Keys upon purchase, through which they can continuously use SoundBest PC Full Version. In the event that the Software is installed on users’ PCs (including any devices using Windows OS), users are deemed to have consented to this Agreement. If you do not consent to this Agreement, please click on the “Cancel” button and do not use the Software. Users’ using the Software means that users have read and understood this Agreement and have consented to this Agreement. Article 1 (Specification, Effect, and Amendment of Agreement) ① This Agreement shall be publicly announced in the course of installation and use of the Software, and shall come into effect when users consent thereto. ② If the Company finds it necessary, it may amend this Agreement, and the amended Agreement shall be publicly announced on a relevant screen along with the preexisting Agreement starting from seven (7) days before the application date until the date immediately preceding the application date. Such announcement shall specify the application date and the reason for the amendment. ③ A user shall have the right to object to the amended Agreement. A user may express his or her intent to object to the amendment within fifteen (15) days after the amended Agreement has been publicly announced. In the event that a user objects thereto, the Company may terminate this Agreement with the user. If a user fails to express his or her intent to object thereto within fifteen (15) days after the amended Agreement has been publicly announced, the user shall be deemed to have consented thereto. Article 2 (Duties of Company) ① The Company shall grant to subscription-based users a right to use with which subscription-based users may install and use the Software. Only one particular right to use may be installed and used on one particular PC, and once it is installed, any change of PC is not permitted. ② In the event that a user is unable to use or has difficulty in using the Software as a result of the errors or losses of equipment and software, the Company shall repair or restore them without delay unless there is an unavoidable reason. ③ In the event that the complaints brought by users are found to be fair and objective, the Company shall promptly handle them in due course; provided, however, that in the event that it is difficult to handle them promptly, the Company shall notify users of the reason and the processing schedule. ④ The Company may in its sole discretion update the Software. In the event of such an update, the Company shall promptly provide users with the updated software; provided, however, that some function of the previously provided software may not be used according to the state of the update. ⑤ The Company shall establish a security system to protect personal information, and shall publicly announce and comply with its protection policy for personal information. Article 3 (Duties of Users) ① Users shall not engage in any of the following activities by using the Software: 1. alter, reverse engineer, decompile, or disassemble the Software; 2. lease or sell the Software for commercial purposes or provide commercial services by using the Software; 3. infringe upon intellectual property rights of others; or 4. violate this Agreement or applicable laws and regulations, or interrupt the business activities of the Company. ② The Company shall not be liable for any consequences that may occur as a result of the above activities. Article 4 (Copyrights of Software) ① The Company shall own the rights to the Software, relevant documents, and ownerships, authorities, and intellectual property rights related thereto. ② The Software and its original technologies, and related documents shall be protected under the Universal Copyright Convention. ③ Users shall not own the Software but shall only be granted the license to use the Software. Article 5 (Consent to Use Control Technologies) The Company may employ to its services the technologies that abstract the hearing characteristics of users and reflect them on establishment of equalizers, in order to make equalizers operate smoothly. Pursuant to this Agreement, users consent that the Software may abstract the hearing characteristics, reflect them on equalizers, or adjust sounds by using the predefined equalizer values. Article 6 (Refund) In the event that a user has purchased the Software on a subscription basis, it shall not have a right to a refund as a general rule; provided, however, that the Company shall provide refunds in the event that the Software cannot be used as a result of product defects or the gross negligence of the Company. Article 7 (Limitations on Liabilities of Company) ① The Company shall not guarantee the genuineness of the data provided through the Software and the compliance with copyrights; except that they are directly manufactured and provided by the Company. ② The Company shall not assume any liability for damages incurred by users as a result of installation, use or the impossibility of use of the Software; except that they have occurred as a result of the willfulness or gross negligence of the Company. ③ The Company shall not assume any liability in the event that users have not acquired or have lost expected profits in using the Software. ④ The Company shall not have the obligation to intervene in disputes occurred due to services between users or between users and third parties, and shall not be liable for damages occurred as a result. Article 8 (Termination of Agreement and Compensation for Damages) ① In the event that a user has failed to comply with this Agreement, the Company may terminate this Agreement. In this case, any duplicate and relevant components of the Software shall be deleted. ② A user may terminate this Agreement at any time by deleting the Software. ③ With respect to section 1 of this Article 8, in the event that a user has caused damages to the Company, the Company may submit a claim for damages against the user. Also, even after termination of this Agreement, any cost or fine to be borne as a result of improper uses by users shall be effective even after the end of this Agreement. Article 9 (Rules Other than Agreement) Any matter not specified under this Agreement shall be governed by the laws of the Republic of Korea. Article 10 (Dispute Resolution) In the event that a lawsuit is brought relating to disputes occurred as a result of the uses of the Software, the court of first instance by consent shall be a court where the headquarter of the Company is located. Article 11 (Language) The parties hereto acknowledge that this Agreement is originally written in the Korean language and this is an English translation of such Korean Agreement, provided for your convenience only. If any discrepancy exists between the Korean and English versions, the Korean version will control. This Agreement shall be effective as of November 22, 2011.