Looks like you agree to let MS get rid of any games/software that have been "Cracked". It won't affect me but I'll bet there will be many out there crying the blues.
It does show how intrusive MS will be in the new OS though.

Microsoft's updated European Licence Agreement terms and conditions let it disable any counterfeit software or hardware and, if you're running a Windows 10 computer, you've just agreed to them.

Section 7b – or “Updates to the Services or Software, and Changes to These Terms” – of Microsoft's Services EULA stipulates that it “may automatically check your version of the software and download software update or configuration changes, including those that prevent you from accessing the Services, playing counterfeit games, or using unauthorised hardware peripheral devices.”

This means that, if you use Windows 10, a Windows phone, or any of Microsoft's other services, Redmond can disable any games you've pirated or devices you've unlawfully hacked.
http://www.pcauthority.com.au/News/4...atest+Articles