User Agreement - Grant of License

Subject to the terms and conditions set forth below, Licensor hereby grants you
a limited, revocable, nonexclusive, personal and nontransferable license to access and use the Forms
via the Internet for your own direct personal use in conducting certain professional real estate activity
within the State of Oregon. This license shall include the right to print, or to deliver electronically
through electronic mail, Forms for your direct personal use in the ordinary course of certain licensed
professional real estate activities in the State of Oregon. All use of the Forms shall be in strict
conformance with this Agreement, and OREF shall at all times retain sole ownership of the Forms and
all copies thereof.