Terms of Service

Last updated: January 17, 2025

Terms Summary

  • • You must be 18+ and provide accurate information
  • • Use our platform responsibly and legally
  • • You own your data, we provide the processing services
  • • Free trial available, paid plans for continued use
  • • We may update these terms with notice

1. Acceptance of Terms

By accessing or using ContractSync AI ("the Service"), you agree to be bound by these Terms of Service ("Terms"). If you disagree with any part of these terms, you may not access the Service.

These Terms apply to all visitors, users, and others who access or use the Service. Our Service is operated by ContractSync AI ("us", "we", or "our").

2. Description of Service

ContractSync AI is an AI-powered contract management and revenue recognition platform that:

  • Extracts data from contracts using artificial intelligence
  • Generates revenue recognition schedules and reports
  • Integrates with CRM and accounting systems
  • Provides contract analytics and compliance tools
  • Offers document processing and management capabilities

3. User Accounts

Account Creation

To use our Service, you must create an account by providing accurate, current, and complete information. You must be at least 18 years old to create an account.

Account Security

You are responsible for:

  • Maintaining the confidentiality of your account credentials
  • All activities that occur under your account
  • Notifying us immediately of any unauthorized access
  • Ensuring your account information remains accurate and up-to-date

Account Termination

You may terminate your account at any time through your account settings. We may terminate or suspend your account for violations of these Terms or for any other reason with reasonable notice.

4. Acceptable Use

You agree to use the Service only for lawful purposes and in accordance with these Terms. You agree NOT to:

Prohibited Activities

  • Upload illegal, harmful, or infringing content
  • Attempt to gain unauthorized access to our systems
  • Use the Service for any fraudulent or illegal activities
  • Reverse engineer, decompile, or disassemble the Service
  • Violate any applicable laws or regulations
  • Interfere with or disrupt the Service or servers
  • Use automated tools to access the Service without permission
  • Share your account credentials with others

5. Intellectual Property

Your Content

You retain all rights to the contracts, documents, and data you upload ("Your Content"). By uploading Your Content, you grant us a limited license to process, store, and analyze it solely to provide our Services.

Our Service

The Service, including its software, algorithms, user interface, and all related intellectual property, is owned by ContractSync AI and is protected by copyright, trademark, and other intellectual property laws.

AI-Generated Content

Data extracted and insights generated by our AI algorithms remain your property. We may use aggregated, anonymized data to improve our Services, but we will not share your specific contract data with third parties.

6. Payment and Subscription

Free Trial

We offer a free trial period for new users. During the trial, you have access to limited features and processing capacity.

Paid Subscriptions

After your trial period, continued use requires a paid subscription. Subscription fees are billed in advance and are non-refundable except as required by law.

Payment Terms

  • Payments are processed securely through third-party payment processors
  • You authorize us to charge your payment method for all fees incurred
  • We may suspend access for failed payments after reasonable notice
  • Price changes will be communicated with at least 30 days notice

Cancellation

You may cancel your subscription at any time. Cancellation takes effect at the end of your current billing period. You'll continue to have access until then.

7. Data and Privacy

Your privacy is important to us. Our collection and use of your information is governed by ourPrivacy Policy, which is incorporated into these Terms by reference.

We implement appropriate security measures to protect your data, but no system is 100% secure. You acknowledge the inherent security risks of internet transmissions.

8. Disclaimers and Limitations

Service Availability

We strive to maintain high availability but cannot guarantee uninterrupted access. We may suspend the Service for maintenance, updates, or due to circumstances beyond our control.

AI Accuracy

While our AI technology is highly accurate, automated extraction and analysis may contain errors. You should review and verify all AI-generated results before making business decisions.

Professional Advice

Our Service provides tools and information but does not constitute legal, financial, or professional advice. Consult qualified professionals for matters requiring expert guidance.

9. Limitation of Liability

To the fullest extent permitted by law, ContractSync AI shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, use, goodwill, or other intangible losses.

Our total liability for any claims arising from or relating to the Service shall not exceed the amount you paid us in the 12 months preceding the claim.

10. Indemnification

You agree to indemnify and hold harmless ContractSync AI from any claims, losses, damages, liabilities, and expenses arising from your use of the Service, violation of these Terms, or infringement of any rights of another.

11. Termination

We may terminate or suspend your access immediately, without prior notice, for conduct that we believe violates these Terms or is harmful to other users, us, or third parties.

Upon termination, your right to use the Service ceases immediately. We will provide reasonable opportunity to export your data, subject to technical limitations and legal requirements.

12. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify users of material changes via email or prominent notice on our Service at least 30 days before the effective date.

Your continued use of the Service after changes become effective constitutes acceptance of the new Terms. If you disagree with the changes, you must stop using the Service.

13. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the United States, without regard to its conflict of law provisions. Any disputes shall be resolved in the courts of [Your Jurisdiction].

14. Contact Information

If you have any questions about these Terms of Service, please contact us:

Email: legal@contractsync.ai

Support: support@contractsync.ai

Address: ContractSync AI Legal Department