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Can one wrap the ELS-QB ActiveX component into a COM and distribute?

ActiveX component els-qb Wrap
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Can one wrap the ELS-QB ActiveX component into a COM and distribute?

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In addition to using and customizing the sample application for distribution purposes, the programmer-user may also create a component with exposed interface, using the ELS-QB ActiveX component, and distribute this component to other programmers. In such case however, we impose the condition that the ELS-QB ActiveX component in this custom component must not be more than 50% of the whole components features and capabilities, and that this resulting product must not compete with ELS-QB ActiveX component on the market level.

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