Yes, of course. See Question A-2 (arc42 License).
Completely free to use and modify
You may modify the structure of the template, re-create it in any tool of your choice or even rename it for your own purpose (one of our clients called it SAT42, what we really enjoyed.)
To be fair, you should reference Gernot Starke and Peter Hruschka as creators of arc42 in case you use or modify the template…
If you distribute, you need to respect the CC license
If you distribute such derivations or enhancements, you need to comply to the (very liberal) Creative-Commons Sharealike 4.0 license, which allows you to:
- Share: copy and redistribute the material in any medium or format
- Adapt: remix, transform, and build upon the material for any purpose, even commercially.
arc42 is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.