> For the complete documentation index, see [llms.txt](https://terms.tessera.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://terms.tessera.fun/eula.md).

# End User Licence Agreement

**Date last revised: 5 September 2026**

[*Terms of Service*](/readme.md) *·* [*Privacy Policy*](/privacy-policy.md) *·* [*End User Licence Agreement*](/eula.md) *·* [*On-ramp providers*](/providers.md)

## 1. Who this agreement is with

1.1 This End User Licence Agreement ("**EULA**") is a binding agreement between you and **Tessera Lab Pte. Ltd.**, a company incorporated in Singapore (UEN 202118527R) with its registered office at 3 Fraser Street #05-25 Duo Tower, Singapore 189352 ("**Tessera Lab**", "**we**", "**us**"), governing your licence to use the copy of the **ALEX** application (the "**Application**") that you obtain from the Apple App Store.

1.2 Tessera Lab develops the Application software and is the developer of record for the Application on the App Store. For the purposes of Apple's terms, Tessera Lab is the "Application Provider".

1.3 **The service delivered through the Application is operated by ALEX Lab Foundation**, a private interest foundation established under the laws of the Republic of Panama, registered at the Panama Public Registry under Folio No. 25046591 (the "**Operator**"). The Operator, not Tessera Lab, is your counterparty for the service, under the Operator's Terms of Service at terms.tessera.fun and Privacy Policy at terms.tessera.fun/privacy-policy (together the "**Service Terms**"). You must accept the Service Terms to use the Application.

1.4 This EULA governs the software licence only. Where this EULA and the Service Terms address the same subject, the Service Terms govern the service and this EULA governs your licence to use the copy of the software.

1.5 Tessera Lab and the Operator are affiliated. Tessera Lab does not operate the Application, does not hold your assets or keys, and is not a party to any transaction you enter into through the Application.

## 2. Scope of licence *(Apple minimum term (b))*

2.1 Tessera Lab grants you a limited, non-exclusive, non-transferable, revocable licence to use the Application on any Apple-branded product that you own or control, as permitted by the Usage Rules in the Apple Media Services Terms and Conditions, except that the Application may be accessed and used by other accounts associated with you through Family Sharing or volume purchasing where Apple permits.

2.2 The licence is for your personal, non-commercial use. It confers no right to the source code, and no right to sublicense, rent, lease, lend, sell, redistribute or otherwise transfer the Application.

2.3 You must not: copy the Application except as this EULA permits; modify, adapt, translate, reverse engineer, decompile or disassemble the Application, or attempt to derive its source code, except to the extent applicable law expressly permits despite this restriction; remove or obscure any proprietary notice; use the Application to build a competing product; or use the Application other than in accordance with the Service Terms and applicable law.

2.4 The Application, and all intellectual property rights in it, remain the property of Tessera Lab and its licensors. Marks displayed in the Application belong to their respective owners; display of a company's name or mark identifies an asset and does not imply endorsement or affiliation.

2.5 Updates supplied to you become part of the Application and are governed by this EULA unless a separate licence accompanies them.

## 3. What the Application does, and what it does not do

3.1 The Application is a non-custodial interface. It lets you create and use a self-custodial digital-asset wallet on the Solana blockchain, view digital assets, submit transactions to public blockchain programs, and reach third-party services.

3.2 Neither Tessera Lab nor the Operator holds your private key or any share of it, custodies your digital assets or fiat currency, matches or executes trades, acts as counterparty to any transaction you submit, or issues, redeems, prices or backs any digital asset. If you lose the credentials protecting your wallet, neither party can recover your assets for you.

3.3 Digital assets accessible through the Application are issued by third parties under their own terms. In particular, tokens named "T-\[Company]" are tokenised loan participation rights issued by subsidiaries of Tessera Works Foundation. They are not equity, shares, units, voting rights or any ownership interest in any company, and they are not issued, backed, endorsed or sold by Tessera Lab or the Operator. Redemption of such a token is not on demand and occurs only in accordance with the issuer's terms.

3.4 Where the Application offers a purchase of digital assets with fiat currency, that purchase is provided by a third-party on-ramp provider as principal, under that provider's own terms and identity verification. Neither Tessera Lab nor the Operator is a party to the fiat transaction or receives your identity documents.

3.5 Nothing in the Application is investment, financial, legal or tax advice. Digital assets are high risk and you may lose the whole of what you put in.

## 4. Eligibility

4.1 You may use the Application only if you are at least 18 years old, are not a person excluded under the Service Terms, and are not located in, resident in, a citizen of, or accessing the Application from a jurisdiction excluded under the Service Terms, which include the United States. The excluded jurisdictions and persons are listed in the Service Terms.

4.2 You represent, each time you use the Application, that section 4.1 is true and that your use is lawful where you are.

## 5. Maintenance and support *(Apple minimum term (c))*

Tessera Lab and the Operator are solely responsible for providing any maintenance and support services for the Application, as required under this EULA, the Service Terms or applicable law. **Apple has no obligation whatsoever to furnish any maintenance and support services with respect to the Application.** Support requests may be directed to the contact in section 12.

## 6. Warranty *(Apple minimum term (d))*

6.1 The Application is provided "as is" and "as available", without warranty of any kind, express or implied, including as to merchantability, fitness for a particular purpose, accuracy, non-infringement, or uninterrupted or error-free operation, to the fullest extent permitted by applicable law.

6.2 Tessera Lab is solely responsible for any product warranties, whether express or implied by law, to the extent not effectively disclaimed. **In the event of any failure of the Application to conform to any applicable warranty, you may notify Apple, and Apple will refund the purchase price (if any) for the Application to you. To the maximum extent permitted by applicable law, Apple will have no other warranty obligation whatsoever with respect to the Application, and any other claims, losses, liabilities, damages, costs or expenses attributable to any failure to conform to any warranty will be Tessera Lab's sole responsibility.**

## 7. Product claims *(Apple minimum term (e))*

**Tessera Lab, not Apple, is responsible for addressing any claims by you or any third party relating to the Application or your possession and use of it, including: (i) product liability claims; (ii) any claim that the Application fails to conform to any applicable legal or regulatory requirement; and (iii) claims arising under consumer protection, privacy or similar legislation, including in connection with the Application's use of any framework that gives access to a user's data.** As between Tessera Lab and the Operator, claims arising from the operation of the service are the Operator's responsibility under the Service Terms and the arrangements between them; that allocation does not affect your rights against Tessera Lab under this section.

## 8. Intellectual property rights *(Apple minimum term (f))*

**In the event of any third-party claim that the Application or your possession and use of the Application infringes that third party's intellectual property rights, Tessera Lab, not Apple, will be solely responsible for the investigation, defence, settlement and discharge of any such intellectual property infringement claim.**

## 9. Legal compliance *(Apple minimum term (g))*

**You represent and warrant that (i) you are not located in a country that is subject to a U.S. Government embargo, or that has been designated by the U.S. Government as a "terrorist supporting" country; and (ii) you are not listed on any U.S. Government list of prohibited or restricted parties.** This representation is in addition to section 4.

## 10. Third-party terms of agreement *(Apple minimum term (i))*

**You must comply with applicable third-party terms of agreement when using the Application**, including the Service Terms, the terms of the wallet infrastructure provider, the terms of any fiat on-ramp provider, and the terms of the issuer of any digital asset you acquire.

## 11. Term and termination

11.1 This EULA is effective until terminated. It terminates automatically if you fail to comply with any of its terms, and you may terminate it at any time by deleting the Application from your devices.

11.2 On termination you must stop all use of the Application and delete all copies. Your digital assets are held in your own wallet and are unaffected by termination; you remain able to reach them through the wallet infrastructure provider using your own credentials.

11.3 Sections 2.4, 3, 6, 7, 8, 12, 13 and 14 survive termination.

## 12. Contact *(Apple minimum term (h))*

Questions, complaints or claims about the Application may be directed to:

**Tessera Lab Pte. Ltd.** (developer of record), 3 Fraser Street #05-25 Duo Tower, Singapore 189352 — <legal@tesseralab.co>.

**ALEX Lab Foundation** (operator of the service), Ricardo Arias Street, Advanced Tower Building, First Floor, Panama City, Republic of Panama — <legal@alexlab.co>.

## 13. Limitation of liability

13.1 To the fullest extent permitted by law, neither Tessera Lab nor the Operator is liable to you for any loss of profit, revenue, value, data or opportunity, or for any indirect, special, incidental, consequential, exemplary or punitive loss, however arising, even if advised of the possibility.

13.2 To the fullest extent permitted by law, Tessera Lab's aggregate liability to you for all claims arising out of or relating to the Application or this EULA will not exceed the amount you have paid, or owe, for the Application.

13.3 Nothing in this EULA excludes liability that cannot be excluded by law, and nothing in it limits your rights against the Operator under the Service Terms.

## 14. Apple as third-party beneficiary *(Apple minimum terms (a) and (j))*

14.1 **You acknowledge that this EULA is concluded between you and Tessera Lab only, and not with Apple, and that Tessera Lab, not Apple, is solely responsible for the Application and its content.** This EULA does not provide for usage rules for the Application that conflict with the Apple Media Services Terms and Conditions as of the date you entered into this EULA, and you acknowledge that you have had the opportunity to review those terms.

14.2 **Apple and Apple's subsidiaries are third-party beneficiaries of this EULA, and upon your acceptance of this EULA Apple will have the right (and will be deemed to have accepted the right) to enforce this EULA against you as a third-party beneficiary of it.**

## 15. General

15.1 This EULA, together with the Service Terms, is the entire agreement between you and Tessera Lab about the Application. We may change this EULA by publishing a revised version; continued use after it takes effect is acceptance.

15.2 If any provision is unenforceable, the rest remains in force. No waiver is effective unless in writing. You may not assign this EULA; Tessera Lab may assign it to a successor developer of record on notice.

15.3 This EULA is governed by Singapore law, and any claim, suit or dispute arising out of or in connection with it is resolved in the same manner as under clause 16 of the Terms of Service — arbitration administered by the Singapore International Arbitration Centre, before a sole arbitrator, seated in Singapore and conducted in English. This does not deprive you of the protection of the mandatory consumer law of your country of residence.

***

*Last revised: 5 September 2026. Developer of record and licensor of the software: Tessera Lab Pte. Ltd. (Singapore). Operator of the service: ALEX Lab Foundation (Panama). Service Terms: terms.tessera.fun.*
