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+FISH AUDIO RESEARCH LICENSE AGREEMENT
+
+Last Updated: March 7, 2026
+
+I. INTRODUCTION
+
+This Agreement applies to any individual person or entity ("You", "Your" or
+"Licensee") that uses or distributes any portion or element of the Fish Audio
+Materials or Derivative Works thereof for any Research, Non-Commercial, or
+Commercial purpose. Capitalized terms not otherwise defined herein are defined
+in Section V below.
+
+This Agreement is intended to allow research and non-commercial uses of the
+Materials free of charge. Any Commercial use of the Materials requires a
+separate license from Fish Audio.
+
+By clicking "I Accept" or by using, distributing, or accessing any portion or
+element of the Fish Audio Materials or Derivative Works, You agree that You
+have read, understood and are bound by the terms of this Agreement. If You are
+acting on behalf of a company, organization or other entity, then "You"
+includes you and that entity, and You agree that You: (i) are an authorized
+representative of such entity with the authority to bind such entity to this
+Agreement, and (ii) You agree to the terms of this Agreement on that entity's
+behalf.
+
+II. RESEARCH & NON-COMMERCIAL USE LICENSE
+
+Subject to the terms of this Agreement, Fish Audio grants You a non-exclusive,
+worldwide, non-transferable, non-sublicensable, revocable and royalty-free
+limited license under Fish Audio's intellectual property or other rights owned
+by Fish Audio embodied in the Fish Audio Materials to use, reproduce,
+distribute, and create Derivative Works of, and make modifications to, the Fish
+Audio Materials for any Research or Non-Commercial Purpose.
+
+"Research Purpose" means academic or scientific advancement, and in each case,
+is not primarily intended for commercial advantage or monetary compensation to
+You or others.
+
+"Non-Commercial Purpose" means any purpose other than a Research Purpose that
+is not primarily intended for commercial advantage or monetary compensation to
+You or others, such as personal use (i.e., hobbyist) or evaluation and testing.
+
+III. COMMERCIAL USE
+
+Any use of the Fish Audio Materials or Derivative Works for a Commercial
+Purpose requires a separate written license agreement from Fish Audio. No
+commercial rights are granted under this Agreement.
+
+"Commercial Purpose" means any purpose other than a Research Purpose or
+Non-Commercial Purpose that is primarily intended for or directed toward
+commercial advantage or monetary compensation to You or others, including but
+not limited to: (i) creating, modifying, or distributing Your product or
+service, including via a hosted service or application programming interface,
+(ii) Your business's or organization's internal operations, and (iii) any use
+in connection with a product or service for which You charge a fee or generate
+revenue, whether directly or indirectly.
+
+To obtain a commercial license, please contact Fish Audio at:
+
+  Website: https://fish.audio
+  Email:   business@fish.audio
+
+IV. GENERAL TERMS
+
+Your Research and Non-Commercial License under this Agreement is subject to the
+following terms.
+
+  a. Distribution & Attribution
+
+  If You distribute or make available the Fish Audio Materials or a Derivative
+  Work to a third party, or a product or service that uses any portion of them,
+  You shall: (i) provide a copy of this Agreement to that third party,
+  (ii) retain the following attribution notice within a "Notice" text file
+  distributed as a part of such copies: "This model is licensed under the Fish
+  Audio Research License, Copyright (c) 39 AI, INC. All Rights Reserved.", and
+  (iii) prominently display "Built with Fish Audio" on a related website, user
+  interface, blogpost, about page, or product documentation.
+
+  b. Use Restrictions
+
+  Your use of the Fish Audio Materials and Derivative Works, including any
+  output or results of the Fish Audio Materials or Derivative Works, must
+  comply with applicable laws and regulations (including Trade Control Laws and
+  equivalent regulations) and adhere to Fish Audio's Acceptable Use Policy.
+
+  Furthermore, You will not use the Fish Audio Materials or Derivative Works,
+  or any output or results of the Fish Audio Materials or Derivative Works, to
+  create or improve any foundational generative AI model (excluding the Models
+  or Derivative Works).
+
+  c. Intellectual Property
+
+  (i)   No trademark licenses are granted under this Agreement.
+  (ii)  You own Derivative Works You create, subject to Fish Audio's ownership
+        of the Fish Audio Materials.
+  (iii) You own any outputs generated from the Models or Derivative Works to
+        the extent permitted by applicable law.
+  (iv)  If You institute litigation against Fish Audio alleging that the Fish
+        Audio Materials constitute infringement of intellectual property, then
+        any licenses granted to You under this Agreement shall terminate.
+
+  d. Disclaimer of Warranty
+
+  THE FISH AUDIO MATERIALS AND ANY OUTPUT AND RESULTS THEREFROM ARE PROVIDED ON
+  AN "AS IS" BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED,
+  INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OF TITLE, NON-INFRINGEMENT,
+  MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE.
+
+  e. Limitation of Liability
+
+  IN NO EVENT WILL FISH AUDIO OR ITS AFFILIATES BE LIABLE UNDER ANY THEORY OF
+  LIABILITY, WHETHER IN CONTRACT, TORT, NEGLIGENCE, PRODUCTS LIABILITY, OR
+  OTHERWISE, ARISING OUT OF THIS AGREEMENT, FOR ANY LOST PROFITS OR ANY DIRECT,
+  INDIRECT, SPECIAL, CONSEQUENTIAL, INCIDENTAL, EXEMPLARY OR PUNITIVE DAMAGES.
+
+  f. Term and Termination
+
+  The term of this Agreement will commence upon Your acceptance of this
+  Agreement and will continue until terminated. Fish Audio may terminate this
+  Agreement if You are in breach of any term. Upon termination, You shall
+  delete and cease use of any Fish Audio Materials or Derivative Works.
+
+  g. Governing Law
+
+  This Agreement will be governed by the laws of the United States and the
+  State of California.
+
+V. DEFINITIONS
+
+"Affiliate(s)" means any entity that directly or indirectly controls, is
+controlled by, or is under common control with the subject entity.
+
+"Agreement" means this Fish Audio Research License Agreement.
+
+"Derivative Work(s)" means any derivative work of the Fish Audio Materials as
+recognized by U.S. copyright laws, and any modifications to a Model, and any
+other model created which is based on or derived from the Model or the Model's
+output.
+
+"Documentation" means any specifications, manuals, documentation, and other
+written information provided by Fish Audio related to the Software or Models.
+
+"Fish Audio" or "we" means 39 AI, INC. and its Affiliates.
+
+"Model(s)" means Fish Audio's proprietary models and algorithms, including
+machine-learning models and trained model weights.
+
+"Software" means Fish Audio's proprietary software made available under this
+Agreement.
+
+"Fish Audio Materials" means, collectively, Fish Audio's proprietary Models,
+Software and Documentation made available under this Agreement.
+
+"Trade Control Laws" means any applicable U.S. and non-U.S. export control and
+trade sanctions laws and regulations.