<ol> <li> <strong>Grant of License.</strong> <br> The license granted herein is subject to and conditioned upon the payment of the applicable license fees and on Licensee and its Authorized Users complying with this EULA. Except as may be set forth in an Order permitting two or more Authorized Users, TechSmith hereby grants Licensee a perpetual, non-exclusive, non-transferable, non-sublicensable, limited license to install and run the Software in a manner consistent with its design and this EULA for a single Authorized User.<br> </li> <li> <strong>