Last updated: April 9, 2024
Terms and Conditions
Introduction
Welcome to Formulaw Limited, a pioneering AI contract reviewing tool designed to provide users with advanced feedback on their contracts. By accessing and using our services through the website located at www.formulaw.ai ("Website"), you agree to be bound by these Terms and Conditions ("Terms"). These Terms apply to all visitors, users, and others who access or use the Service. Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. If you disagree with any part of the terms, then you may not access the Service.
Service Description
Formulaw Limited offers a free-to-use AI-powered tool that allows users to submit contracts for review, providing feedback on certain terms. This service is designed to assist users in understanding their contracts better but does not replace professional legal advice.
User Responsibilities
Content Submission: Users may submit contracts for review. It is the user's responsibility to ensure that no confidential or sensitive information is included in the submissions.
Accuracy of Feedback: The feedback provided by Formulaw Limited is generated through AI analysis and is intended for informational purposes only. It is the user's responsibility to review and verify the accuracy of the feedback. Formulaw Limited does not guarantee the accuracy or reliability of the feedback provided.
Use of Data: By using our Service, users agree that Formulaw Limited may use the data submitted to train and improve our AI model. All data will be used in accordance with our Privacy Policy.
Intellectual Property Rights
The Service and all contents, including but not limited to text, images, graphics, and software, are the property of Formulaw Limited and are protected by copyright and other intellectual property laws. You agree not to reproduce, duplicate, copy, sell, resell, or exploit any portion of the Service, use of the Service, or access to the Service without express written permission by us.
User Conduct
You agree to use the Service only for lawful purposes and in a way that does not infringe the rights of, restrict, or inhibit anyone else's use and enjoyment of the Service. Prohibited behaviour includes harassing or causing distress or inconvenience to any other user, transmitting obscene or offensive content, or disrupting the normal flow of dialogue within our Service.
Limitation of Liability
Formulaw Limited and its directors, employees, partners, agents, suppliers, or affiliates, shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Service; (ii) any conduct or content of any third party on the Service; (iii) any content obtained from the Service; and (iv) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence) or any other legal theory, whether or not we have been informed of the possibility of such damage.
Governing Law
These Terms shall be governed and construed in accordance with the laws of Cyprus and EU Regulations, without regard to its conflict of law provisions. Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect.
Changes
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.
Contact Us
If you have any questions about these Terms, please contact us at the address provided on our website.