These Terms of Service (the "Terms") govern access to and use of the services provided by Board AI, Inc., doing business as "Vallor" ("Vallor," "we," "us," or "our"), including the website at vallor.ai and the Vallor platform (collectively, the "Service"). By using the Service, you agree to these Terms on behalf of yourself and, if applicable, the organization you represent ("Customer"). If you have a separate signed agreement with Vallor, that agreement controls to the extent of any conflict.

The Service

Vallor is an AI contract management platform. The Service ingests contracts and related documents that Customer connects or uploads, extracts and structures contract data, and provides search, analysis, reporting, and AI-assisted answers with source citations. We may improve or modify the Service over time, provided we do not materially reduce its core functionality during a paid subscription term.

Accounts and Acceptable Use

Customer is responsible for its users' compliance with these Terms and for maintaining the confidentiality of account credentials. Customer will not, and will not permit anyone to:

Use the Service in violation of applicable law or third-party rights.
Upload content Customer does not have the right to process.
Reverse engineer, decompile, or attempt to extract source code from the Service.
Probe, scan, or test the vulnerability of the Service without written authorization.
Resell, sublicense, or provide the Service to third parties except as agreed in writing.
Use the Service to build a competing product.

Customer Data

Customer owns its data. As between the parties, Customer retains all right, title, and interest in and to contracts, documents, and other data submitted to the Service ("Customer Data"). Customer grants Vallor a limited license to process Customer Data solely to provide and support the Service. We do not use Customer Data to train generalized AI models, and we do not sell Customer Data. Upon termination, we will delete or return Customer Data as described in our agreement and Privacy Policy.

Confidentiality

Each party may receive non-public information of the other party ("Confidential Information"). The receiving party will use Confidential Information only to perform under these Terms, protect it with at least reasonable care, and not disclose it to third parties except to employees, advisors, and subcontractors bound by confidentiality obligations. These obligations do not apply to information that is or becomes public through no fault of the receiving party, was known prior to disclosure, is independently developed, or must be disclosed by law (with notice where permitted).

Intellectual Property

Vallor retains all right, title, and interest in and to the Service, including all software, models, interfaces, and documentation, and any improvements or derivatives thereof. No rights are granted except as expressly stated in these Terms. Feedback provided by Customer may be used by Vallor without restriction or obligation.

Fees

Paid subscriptions are governed by the applicable order form. Fees are non-refundable except as expressly stated. Late amounts may accrue interest at the lesser of 1.5% per month or the maximum permitted by law.

Disclaimers

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE." TO THE MAXIMUM EXTENT PERMITTED BY LAW, VALLOR DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. AI-GENERATED OUTPUT MAY CONTAIN ERRORS AND DOES NOT CONSTITUTE LEGAL ADVICE; CUSTOMER IS RESPONSIBLE FOR REVIEWING OUTPUT BEFORE RELYING ON IT.

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER PARTY WILL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, REVENUE, OR DATA, EVEN IF ADVISED OF THE POSSIBILITY. EACH PARTY'S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THESE TERMS WILL NOT EXCEED THE FEES PAID OR PAYABLE BY CUSTOMER TO VALLOR IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM. THESE LIMITS DO NOT APPLY TO BREACHES OF CONFIDENTIALITY, MISUSE OF THE OTHER PARTY'S INTELLECTUAL PROPERTY, OR A PARTY'S INDEMNIFICATION OBLIGATIONS, IF ANY.

Termination

Either party may terminate for material breach if the breach is not cured within thirty (30) days of written notice, or immediately if the other party becomes insolvent. Customer may stop using the Service at any time. Upon termination, Customer's access ends and Vallor will delete or return Customer Data as described above. Sections concerning Customer Data ownership, confidentiality, intellectual property, disclaimers, limitation of liability, and governing law survive termination.

Governing Law

These Terms are governed by the laws of the State of Florida, without regard to its conflict of laws principles. The state and federal courts located in Miami-Dade County, Florida will have exclusive jurisdiction over any dispute arising out of these Terms, and each party consents to personal jurisdiction and venue there.

Changes to These Terms

We may update these Terms from time to time. We will post the updated version on this page and update the "Last updated" date. Material changes will be communicated to customers in advance where required. Continued use of the Service after changes take effect constitutes acceptance.

Contact

Board AI, Inc. (d/b/a Vallor)
Miami, Florida, United States
admin@vallor.ai