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End User Licence Agreement

v1.0 — 2026-07-10

1. Licence

Subject to an active subscription and these terms, Aero7 Ltd (trading as Magvideo) grants you a personal, non-exclusive, non-transferable licence to install and use the Magvideo application on up to 2 devices you own or control, for your own projects (personal or commercial work product is fine — the restriction is on the software, not your output).

2. Restrictions

You may not: copy (except one backup), modify, reverse engineer or decompile except as permitted by law (ss. 50A–50C CDPA 1988), rent, lease, sublicense, resell, or provide the software as a service to third parties; circumvent licence checks, credit metering, or the update mechanism; use the software to develop a competing product by systematic extraction of its behaviour.

3. Ownership

The software, its design, and all IP remain ours or our licensors'. Your content and exports are yours (Terms clause 9).

4. Updates

The app auto-updates; updates may be required for continued AI functionality. We sign all builds; do not run unsigned copies.

5. Third-party components

Open-source components are licensed under their own terms, listed in the app's About screen ("Open Source Licences") and at magvideo.net/licenses.

6. Offline grace

Entitlement is cached for up to 72 hours offline; beyond that, AI features pause until the app can re-verify. Local editing continues regardless while your subscription is active.

7. Term and termination

The licence lasts while your subscription is active and ends on expiry, refund, or termination for breach. On termination you must uninstall; your project files and exports remain yours and remain on your machine.

8. Warranty and liability

Provided "as is" to the extent permitted by law, subject to consumer statutory rights; liability as per Terms clause 13.

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Magvideo is a trading name of Aero7 Ltd, registered in Scotland, company no. SC894206, registered office 1/3 27 Watson Street, Glasgow, Scotland, G1 5AL.

© 2026 Aero7 Ltd. All rights reserved.