End User License Agreements -- that boilerplate text you have to click through every time you turn around -- have a justified reputation for being abusive and one-sided. This EULA is just a little more to the point than most, saying in two words what many EULAs take several screens to say.
I still use the Reasonable Agreement EULA at the bottom of all my emails: "READ CAREFULLY. By reading this email, you agree, on behalf of your employer, to release me from all obligations and waivers arising from any and all NON-NEGOTIATED agreements, licenses, terms-of-service, shrinkwrap, clickwrap, browsewrap, confidentiality, non-disclosure, non-compete and acceptable use policies ("BOGUS AGREEMENTS") that I have entered into with your employer, its partners, licensors, agents and assigns, in perpetuity, without prejudice to my ongoing rights and privileges. You further represent that you have the authority to release me from any BOGUS AGREEMENTS on behalf of your employer."