BaoCut Community License Version 1.0 — October 7, 2026 Copyright (c) 2026 Jim Liu and BaoCut contributors. This is a source-available license. It permits commercial content creation and internal business use, but requires a separate written license to commercialize BaoCut itself or its code. The English text in this file is authoritative; summaries and translations do not change its terms. 1. Scope and definitions "Software" means the BaoCut code, binaries, documentation, templates, and other original project materials supplied with this license, including any portion of them and modifications based on them. Separately licensed components are excluded as described in section 7. "Licensor" means each copyright holder, or its authorized representative, offering its Software under this license. "You" means the person or organization exercising the permissions granted here. "Content" means creative outputs made using the Software: videos, audio, images, captions, documents, editable media projects, and code that represents or renders those creative outputs. Content also includes original BaoCut template elements incorporated into those outputs. Copies of the Software or its implementation code used to build a software product, library, platform, or service are not Content merely because they were exported or generated using BaoCut. "Internal use" means using or modifying the Software within your organization for its own operations, with access limited to its personnel and contractors acting on its behalf. Giving customers finished Content is internal use; giving outside users access to the Software's functions as a commercial service is not. 2. Community permissions Provided you comply with this license, each Licensor permits you to run, inspect, copy, and modify its Software worldwide without license fees for: (a) personal activities, learning, research, experimentation, and other noncommercial purposes; (b) internal use, including use by businesses and paid internal development; (c) creating, editing, rendering, publishing, selling, and delivering Content for any purpose, including advertisements, monetized videos, commissioned work, and paid editing services. You may share the original Software or a modified version for noncommercial purposes, without charging for it or including it in a paid product or bundle, subject to section 5. Recipients receive permission for the covered Software directly from the applicable Licensors under this license. You cannot grant them broader rights to that Software than you have received. You may charge for consulting, installation, training, support, and development on a customer's installation when that customer's use is permitted by this license or a separate commercial license. This permission does not allow you to sell Software copies, software licenses, or access to a hosted service, or to deliver the Software as part of a commercial software product. 3. Commercialization requires a separate license The following activities are outside the community permissions and require a separate written commercial license from the applicable rights holders before you undertake them: (a) selling, renting, licensing for a fee, or otherwise commercially distributing the Software, copies of it, or modified versions, including installers, rebranded versions, paid bundles, and white-label products; (b) operating the Software or a modified version for outside users as a commercial hosted service, platform, or API, whether access is charged directly or monetized through subscriptions, advertising, sponsorship, or inclusion in another commercial offering; (c) incorporating any Software code, binaries, or engine into a commercial software product, library, SDK, appliance, or service supplied to others. These restrictions apply whether you modify the Software or leave it unchanged, and whether you disclose your source code or keep it private. Publishing a fork or offering some features without charge does not waive these restrictions. Selling or monetizing Content alone is not commercialization of the Software. An independently written plugin, integration, or client that only uses BaoCut's public interfaces and contains no Software code is not covered by this license merely because it interoperates with BaoCut. Your use or distribution of BaoCut alongside it, and any commercial hosting of BaoCut, remain subject to this license. For commercial licensing, contact the project maintainer, Jim Liu, at junminliu@gmail.com. A request, payment, or publication of source code does not itself grant a commercial license. Only a written agreement from a party authorized to grant the relevant rights can do so. 4. Rights in Content This license imposes no license fee, revenue share, BaoCut attribution, watermark, or source-disclosure requirement on your Content. The Licensors claim no ownership of your Content merely because you used the Software. To the extent a Licensor's original templates or other creative elements provided for incorporation into Content appear in your Content, that Licensor permits you to reproduce, adapt, distribute, perform, display, and commercially exploit those elements as part of the Content, and to authorize recipients to do the same, without requiring them to license BaoCut. This permission does not cover distributing the Software as a product or library. Rights in third-party inputs, assets, fonts, models, voices, and generated material depend on their own terms and applicable law. This license neither changes those terms nor promises that all outputs are free of other rights. 5. Redistribution and identification For any redistribution permitted by this license, include this complete license with the Software and retain applicable copyright, attribution, and third-party license notices. Mark modified versions as modified and identify them so that recipients can distinguish them from official BaoCut releases. You retain rights in your own modifications. Any terms you apply to them cannot remove or replace this license's conditions on the covered Software. This license grants no right to use BaoCut names, logos, or other trademarks as your own branding or to suggest official approval or affiliation. Accurate references to the Software's origin and legally permitted trademark uses are unaffected. 6. Patents and reserved rights Each Licensor also permits uses authorized by this license under patent claims it controls that would necessarily be infringed by its Software as supplied. This permission does not extend to claims infringed only by your changes or combinations with other products. No rights are granted beyond those expressly stated here. The Licensors may offer their Software under separate licenses. Contributors retain their copyrights; this license is not a copyright assignment and does not by itself authorize the maintainer to grant broader commercial rights in contributions. Any such rights must come from the relevant rights holders or a separate contributor agreement. 7. Third-party components and earlier licenses Dependencies, vendored code, adapted third-party code, assets, fonts, models, and other materials identified as separately licensed remain governed by their respective licenses. See THIRD_PARTY_NOTICES.md and the notices accompanying those materials. This license cannot restrict rights independently granted to you in those components under their original licenses. This license applies to versions and materials offered under it. It does not withdraw rights already granted for earlier versions or materials under Apache-2.0 or another license. If you have an independently valid license for particular materials, you may exercise those rights under that license. Future revisions of this license do not automatically replace this version for a copy you already received. 8. Compliance and termination Permissions under this license last while you meet its conditions. A violation terminates your permissions for the covered Software. For a first violation, permissions are restored if you end the violation and remedy its effects to the extent practicable within 30 days after receiving written notice from a Licensor. A subsequent violation requires that Licensor's written consent for reinstatement. Reinstatement does not excuse liability for the violation. Nothing here limits statutory exceptions or other rights that do not require the Licensors' permission, or revokes the Content permissions already validly granted under section 4 for Content created while you complied with this license. 9. Warranty and liability To the maximum extent allowed by applicable law, the Software is supplied without warranties, whether express, implied, or statutory, including warranties of fitness for a particular purpose, merchantability, title, and noninfringement. You bear the risk of using it. To the maximum extent allowed by applicable law, no Licensor is liable for losses arising from this license or the Software, including lost revenue, lost data, business interruption, or other direct, indirect, incidental, special, or consequential damages, regardless of the legal basis of the claim and even if the possibility of such losses was known. 10. Interpretation If a provision cannot be enforced, the remaining provisions continue to apply to the extent permitted by law. Failure to enforce a condition is not a waiver. Separate written licenses govern only the rights and uses they expressly grant.