A commercial licence for the classification records produced by Dartmouth Advisory Partners using the DAP Standard. This is a separate instrument from the DAP Standard Public Licence, which covers the schema and grants no rights in the Corpus.
Complete before execution. Each field is a term of this licence.
| Field | Entry |
|---|---|
| Licensee (legal name) | |
| Licensee jurisdiction | |
| Effective date | |
| Initial term | |
| Renewal | Annual, on written agreement |
| Corpus scope (tranche, version, or entity set) | |
| Permitted Users (named individuals or defined group) | |
| Permitted Purpose | |
| Fee and payment terms | |
| Notice address, Licensor | Dartmouth Advisory Partners |
| Notice address, Licensee |
"Corpus" means the classification records licensed under the particulars above, comprising for each record: the entity identifier, the classification vector across the six layers of the DAP Standard, the module attributes where present, the provenance record, the assigning party, the confidence level, and the standard version relied on.
"Record" means a single entity's classification within the Corpus.
"Licensor" means Dartmouth Advisory Partners.
"Licensee" means the party named in the particulars.
"Permitted Users" means the individuals or defined group named in the particulars, each of whom is employed or engaged by the Licensee and bound to terms no less protective than these.
"Permitted Purpose" means the purpose named in the particulars, and no other.
"Standard" means the DAP Standard, licensed separately under the DAP Standard Public Licence.
"Derived Classification" means any classification, label, score, or category assigned to any entity that is derived from, informed by, or produced with reference to the Corpus.
Subject to payment and to sections 3 and 4, the Licensor grants the Licensee a non-exclusive, non-transferable, non-sublicensable, revocable licence, for the term stated in the particulars, to access and use the Corpus internally, by Permitted Users, for the Permitted Purpose only.
This is a licence to use. It is not a sale, and it transfers no ownership.
The Licensee shall not, and shall not permit any person to:
a) Redistribute. Distribute, publish, sell, lend, share, or otherwise make the Corpus, any Record, or any substantial part of it available to any person other than a Permitted User.
b) Train. Use the Corpus, in whole or in part, directly or indirectly, to train, fine-tune, pre-train, post-train, evaluate, benchmark, distil, align, prompt-condition, retrieve against at inference time, or otherwise develop, improve, or specialise any machine learning model, statistical model, expert system, or automated classification system, whether or not the resulting system is distributed, offered commercially, or retained internally.
This restriction is central to this licence. The Licensee acknowledges that the Corpus embodies the Licensor's accumulated classification judgment, that this judgment is the Licensor's principal asset, and that a model trained on the Corpus would appropriate that asset regardless of whether any Record were reproduced.
c) Derive a competing scheme. Use the Corpus to construct, validate, calibrate, or refine any classification system, taxonomy, index, or scoring methodology offered to any third party, whether or not it resembles the Standard.
d) Strip provenance. Remove, obscure, alter, or fail to carry forward the provenance record, version identifier, or attribution attached to any Record, in any internal or external use.
e) Extract in bulk. Systematically extract, scrape, mirror, or reconstruct the Corpus or any substantial part of it, by any means, including by repeated querying of any interface through which the Corpus is made available.
f) Exceed scope. Use the Corpus for any purpose other than the Permitted Purpose, or permit access by any person other than a Permitted User.
g) Reverse the pipeline. Use the Corpus to infer, reconstruct, or replicate the Licensor's classification methodology beyond what the Standard publicly discloses.
For clarity, and subject to section 3, the Licensee may:
a) use the Corpus to inform its own internal analysis, allocation, monitoring, and reporting;
b) use Derived Classifications in reporting to its own clients or beneficiaries, provided the attribution in section 5 is carried;
c) retain Records in its own systems for the term, subject to section 9;
d) permit its auditors and regulators access as required by law, on notice to the Licensor where notice is lawful.
Any external use of a Record or a Derived Classification carries:
Classification data: DAP Standard Corpus, Dartmouth Advisory Partners, [version].
Internal use carries the provenance record in the data itself, per section 3(d).
The Corpus, including every Record, the provenance records, the selection and arrangement of the Corpus, and all intellectual property in it, remains the exclusive property of the Licensor. The Licensee acquires no right, title, or interest other than the limited licence granted here.
Any Derived Classification created by the Licensee remains subject to sections 3 and 5 for so long as it is traceable to the Corpus.
The Corpus is confidential information of the Licensor. The Licensee shall protect it with no less care than it applies to its own confidential information, and in no case less than reasonable care. This obligation survives termination and continues for so long as the Corpus is not public.
On the Licensor's written request, not more than once per year, the Licensee shall certify in writing, signed by an officer, that it is in compliance with sections 3 and 4, and shall identify the systems in which the Corpus is held and the persons who have accessed it.
The Licensor may audit compliance on 30 days' notice, during business hours, at its own cost, not more than once per year, unless a prior certification proves materially inaccurate, in which case the cost falls to the Licensee.
a) This licence runs for the initial term and renews only by written agreement.
b) Either party may terminate for material breach not cured within 30 days of written notice. Breach of section 3(b) or 3(c) is incurable and terminates the licence immediately on notice.
c) The Licensor may terminate on 60 days' notice, refunding fees for the unexpired term.
d) On termination or expiry, the Licensee shall within 30 days cease all use, delete every copy of the Corpus from every system including backups to the extent technically practicable, and certify deletion in writing. Records in immutable archives may be retained solely for the period until they expire, and may not be accessed.
e) Sections 3(b), 3(c), 6, 7, 9(d), 10, 11, and 12 survive termination.
THE CORPUS IS PROVIDED "AS IS". THE LICENSOR MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, COMPLETENESS, CURRENCY, OR FITNESS FOR ANY PURPOSE OF ANY RECORD.
A classification is a description produced by applying the Standard to facts as understood at the time of assignment. It is not investment advice, not a recommendation, not a valuation, and not a statement about the merit, risk, or suitability of any entity. Classifications change as facts change and as the Standard is revised. The Licensee is responsible for its own investment decisions.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE LICENSOR'S AGGREGATE LIABILITY UNDER THIS LICENCE IS LIMITED TO THE FEES PAID BY THE LICENSEE IN THE TWELVE MONTHS PRECEDING THE CLAIM. THE LICENSOR IS NOT LIABLE FOR INDIRECT, CONSEQUENTIAL, SPECIAL, OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, LOST OPPORTUNITY, OR INVESTMENT LOSS, HOWEVER ARISING.
Nothing in this licence limits liability for fraud or for anything else that cannot be limited at law.
a) Assignment. The Licensee may not assign this licence, including by change of control, without the Licensor's prior written consent.
b) Entire agreement. This licence is the entire agreement between the parties as to the Corpus and supersedes prior discussions.
c) Severance. If a provision is unenforceable, it is severed and the rest continues.
d) Governing law. The laws of the Province of Ontario and the federal laws of Canada applicable in it. The parties submit to the exclusive jurisdiction of the courts of Ontario.
e) Notices. In writing, to the addresses in the particulars.
Executed by:
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|---|---|---|
| Signature | ||
| Name | ||
| Title | ||
| Date |
Copyright (c) 2026 Dartmouth Advisory Partners. DAP Standard™ is a trademark of Dartmouth Advisory Partners.