Service rules

USER AGREEMENT
1. GENERAL PROVISIONS

1.1. This User Agreement (hereinafter referred to as the Agreement) regulates the relations between Verlos SIA:
registration No.: 40203344939;
date of Incorporation: 10.09.2021;
legal address: Nomales iela 7 - 6, Rīga, LV-1002;
email: [email protected]

(hereinafter referred to as the Company), and you, hereinafter referred to as the "User", for using the computer program (hereinafter referred to as the "Service"), under the following conditions:

2. TERMS AND DEFINITIONS

2.1. Computer — an operating system, virtual machine or equipment, including a workstation, mobile device or server, on which the software is intended to work and/or on which the software is installed and/or for which the software is used.

2.2. Personal account — a single personal part of the Service that provides the functionality of: (1) individualization of the User among other Users of the Service; (2) the User's exercise of the rights to use Computer Programs and information on the basis of this Agreement; (3) the exchange of data, information and messages between the User and the Company; (4) the Company's control over the progress of the User's right to use computer Programs and information. Access to the Personal Account and its functionality is provided to the User after his registration on the Service.

2.3. User — any natural person who has the necessary legal capacity, is one of the parties to this Agreement and has the necessary legal capacity to access the Service and implement the opportunities provided for by the functionality of the Service.

2.4. Copyright holder (owner of the exclusive right to the Service) — the Company.

2.5. Service (website at https://verlos.ai) — an Internet resource consisting of a set of intellectual property objects of the Company (including the graphic design of the interface (design) and information (Content) posted by the Company and/or Users.

The service is contained in an information system that ensures the availability of such information on the Internet at a network address (domain name): https://verlos.ai (including all levels of the specified domain, both functioning as of the date of acceptance by the User of the terms of this Agreement, and launched and put into operation during the entire period of its validity).

Access to the Service is possible using the site, the mobile version of the site.

3. TERMS OF USE OF THE SERVICE.
APPLICATION OF THE AGREEMENT

3.1. This Agreement is developed by the Company and defines the terms of use of the Service, as well as the rights and obligations of its Users and the Company. The Agreement also regulates relations aimed at protecting the rights and interests of third parties who are not Users, but whose rights and interests may be affected as a result of User actions.

An integral part of this agreement is the Privacy Policy (Rules for protecting information about Users of the Service) (hereinafter-the Rules).

3.2. The User is obliged to fully familiarize himself with this Agreement and the Rules before using the Service. When the User performs actions aimed at using the Service, including searching, viewing or submitting Ads, registering on the Service and other actions to use the functionality of the Service, the User fully and unconditionally accepts this Agreement and the Rules.

Actions to visit and / or use the Service using any device and any operating system, regardless of registration and authorization, indicate the User's unconditional consent to the terms of the Agreement and the Rules.

3.3. This Agreement and the Rules may be changed and/or supplemented by the Company unilaterally without any special notification to the Users. The User undertakes to regularly check the terms of this Agreement and the Rules for their changes and / or additions. The User's continued use of the Service after making changes and/or additions to this Agreement and the Rules means the User's acceptance and consent to such changes and / or additions.

3.4. If the User does not agree with this Agreement or its updates, the User undertakes to refuse to use the Service by deleting all personal data from his Personal Account. The User's refusal to use the Service and / or deletion of the content does not terminate the Company's non-exclusive rights to the User's content that was used by the Company before the decision to refuse.

4. REGISTRATION ON THE SERVICE

4.1. The User's registration on the Service is voluntary and free of charge. The User guarantees the Company that he has reached the age allowed in accordance with national legislation for accepting this Agreement and has the appropriate authority to use the functionality of the Service.

4.2. Registration on the Service is carried out by performing active actions on the Service by the User.

4.3. When registering on the Service, the User is obliged to provide the Company with the necessary reliable and up-to-date information about himself.

4.4. In case of unauthorized access to the login and code and/or the User's Personal Account, or the distribution of the login and code, the User is obliged to immediately inform the Company about this.

4.5. The User is responsible for the accuracy, relevance, completeness and compliance with national legislation of the information provided to the Company during registration and further in the process of using the Service. The user is obliged to update the information provided by him in a timely manner.

By posting information on the Service, the User agrees that such information may be available to other Users of the Service, taking into account its functionality (which may change from time to time).

4.6. The Company processes the User's personal data in accordance with national legislation and in accordance with the Rules. The Company processes personal data of Users in order to provide Users with access to the Service and its functionality, verification, research and analysis of such data, allowing to maintain and improve the current functionality of the Service, as well as to develop new functionality. The Company takes all necessary measures to protect Users ' personal data from unauthorized access, modification, disclosure or destruction. The Company provides access to Users ' personal data only to those employees, contractors and agents of the Company who need this information to ensure the functioning of the Service and provide Users with access to its use. The Company has the right to use the information provided by the User, including personal data, in order to ensure compliance with the requirements of the current national legislation (including for the purpose of preventing and/or suppressing illegal and/or illegal actions of Users). Disclosure of the information provided by the User can be made only in accordance with the current national legislation at the request of a court, law enforcement agencies, as well as in other cases provided for by national legislation. Since the Company processes Users ' personal data for the purpose of fulfilling this Agreement, due to the provisions of the legislation on personal data, the consent of Users to the processing of their personal data is not required.

5. SUBJECT OF THE AGREEMENT AND DESCRIPTION OF THE SERVICE

5.1. Under this Agreement, the Company grants the User the right to get acquainted with the presentation of the Service, information about the Service, the terms and results of its use, the terms of the public offer for the provision of consulting services, the license agreement (if any) and the procedure for its payment, unless otherwise provided by this Agreement, on the terms of a free non-exclusive use (a simple non-exclusive license) of the Service.

6. RIGHTS AND OBLIGATIONS OF THE USER

6.1. The User has the right, subject to the rules provided for in this Agreement, to use the Service free of charge as a computer program on the terms of non-exclusive use (a simple non-exclusive license) for the purposes specified in clause 5.1 of the Agreement.

6.2. The User undertakes to familiarize himself with this Agreement before accepting the terms (acceptance) of this Agreement.

6.3. When using the Service, the User is obliged to comply with the provisions of the current national legislation and this Agreement.

7. RIGHTS AND OBLIGATIONS OF THE COMPANY

7.1. The Company carries out the current management of the Service, independently determines its structure, appearance and other elements. The Company reserves the right at any time to review or change the design of the Service, its functionality, change or supplement the scripts used, the software used or stored within the Service, and the terms of User access to them without any special notification to Users.

7.2. The Company also has the right, at its sole discretion, to terminate (temporarily or permanently) the provision of access to the Service in full or in any part to all Users as a whole or to an individual User without any special notification.

7.3. The Company has the right, without compensation for any costs or losses, to block the User's Personal Account at any time without notifying the User, or to delete Ads or product search that do not meet the requirements of this Agreement, including in the case of any one-time violation of the terms of this Agreement by the User, unless otherwise expressly provided by applicable law. Deleting a User's Personal Account means automatically deleting all the information posted in it. After deleting the Personal Account, the User loses access to the use of the Service. The Company has the right, but is not obliged, to restore the User's access to the Service or restore previously deleted Ads in the event that the User eliminates the violations committed.

7.4. The Company also has the right to request from the User at any time, and the User is obliged, at the request of the Company, to provide it with information, documents and/or materials confirming the accuracy of the information provided by the User about himself, as well as its compliance with this Agreement and current national legislation.

7.5. The User who registers in the Service system, as well as in the process of using the Service functionality, agrees that the Company has the right to send the User information about the development of the Service and its functionality to the contact addresses provided by him (email, phone number), as well as in the form of push notifications, as well as to advertise its own activities and to carry out advertising and informational mailings containing information about the services of the Service, about promotions and other events of the Company, as well as other information, directly related to the fulfillment of the obligations of the Parties under this Agreement.

7.6. The Company undertakes to:

7.6.1. on the terms set out in this Agreement, grant the User the rights to use the Service on the terms of a gratuitous non-exclusive use (a simple non-exclusive license);

7.6.2. to provide, within a reasonable time, technical and informational support to Users necessary for obtaining access to the Service and its subsequent use.

8. LIMITATION OF THE COMPANY'S LIABILITY

8.1. The Company does not provide any guarantees that the Service or its elements may be suitable for specific purposes of use. The Company cannot guarantee and does not promise any specific results from the use of the Service or its elements. The Service, including all scripts, individual elements and the design of the Service are provided "as is".

8.2. The Company does not provide any guarantees for the absence of interruptions in the operation of the Service related to technical malfunctions, preventive maintenance, etc., however, it makes commercially reasonable efforts to ensure the functioning of the Service around the clock. The Company does not provide any guarantees that the Service or any of its elements will function at any particular time in the future or that they will not stop working.

8.3. The Company is not responsible and does not compensate for any damage, direct or indirect, caused to the User or third parties as a result of the use or inability to use the Service, unless otherwise provided by applicable law.

8.4. The Company is not responsible for any damage to the device or software of the User or any other person caused by or related to the use of the Service or when clicking on links posted within the Service.

8.5. Under no circumstances will the Company and its representatives be liable to Users and / or third parties for any indirect, accidental, unintentional damage, including lost profits or lost data, damage to honor, dignity or business reputation caused in connection with the use of the Service, the content of the Service or other materials that Users or other third parties have accessed through the Service, even if the Company has warned or indicated the possibility of such damage.

8.6. The Company under no circumstances assumes any responsibility under this Agreement for the use (or inability to use) and any consequences of the use (or inability to use) of the Service by the User under this Agreement.

9. TERMS OF INTELLECTUAL PROPERTY RIGHTS

9.1. The exclusive rights to the Service, including, but not limited to, databases, interface, technical developments, logo, trademark, products for algorithmic trading, other means of individualization used on the Service and allowing to implement the functionality of the Service, belong to the Company.

9.2. Except for the cases established by this Agreement, as well as by the current national legislation, the Service and its components, including those listed in the paragraph above, may not be copied (reproduced), processed, distributed, displayed in a frame, published, downloaded, transferred, sold or otherwise used in whole or in part without the prior written permission of the Company.

9.3. If the information (content) posted by the User is protected by copyright, the rights to such information are reserved for the User who posted such information.
In addition, the User grants the Company a non-exclusive right to use, free of charge, the content posted on the Service and legally owned by him for the purpose of ensuring the functioning of the Service by the Company to the extent determined by its functionality and architecture, as well as displaying content (including, but not limited to, photos of Ads and from Ads, texts of product descriptions) in the Company's promotional materials, including within the framework of images of the Service interface, including by bringing such promotional materials to the public, including in order to advertise the Service on various information resources. This non-exclusive right is granted for the entire term of the exclusive right, includes, among other things, the right to reproduce content, as well as to process content, including by including a complex object or a composite work, subsequent display, communication to the public, cable communication, etc.and extends its effect on the territory of countries around the world. The Company has the right to transfer the rights specified in this paragraph to third parties. The end of the period of content placement on the Service and/or the period of validity of the non-exclusive right does not entail the need to withdraw the Company's promotional materials from circulation with the display of content (including their removal from the Internet).

9.4. No provisions of this Agreement grant the User the right to use the Company's logo, brand name, trademarks, domain names and other distinctive signs.

10. TERRITORY AND TERM OF THE AGREEMENT.
AMENDMENT AND TERMINATION OF THE AGREEMENT

10.1. The User has the right to use the Service in the territories where it is available using standard computer tools and programs.

10.2. The Agreement comes into force for the User from the moment of his accession to the terms of the Agreement and is valid for an indefinite period.

10.3. This Agreement shall terminate if:

10.3.1. The User will decide to terminate the use of the Service by sending a corresponding notification to the Company (by contacting technical support via the Service interface, or by sending the Company a scanned copy of the corresponding request to the email address specified in clause 1.1 of the Agreement);

10.3.2. The Company will decide to terminate this Agreement unilaterally out of court with the immediate termination of access and the ability to use the Service and without compensation for any costs or losses, unless otherwise provided by applicable law. In particular, the Company may make such a decision in the case of:

10.3.2.1. closing the Service;

10.3.2.2. any, including a single, violation by the User of the terms of this Agreement.

10.4. This Agreement may be amended by the Company without any prior notice. Any changes to the Agreement made by the Company unilaterally come into force on the day following the day of publication of such changes on the website. The User undertakes to independently check the Agreement for changes. The User's failure to perform actions to familiarize himself with the Agreement and/or the amended version of the Agreement cannot serve as a basis for the User's failure to fulfill his obligations and the User's failure to comply with the restrictions established by the Agreement.

10.5. This agreement is considered amended if the Company has made changes to its terms and conditions, and the User has continued using the Service.

Revision of 22.01.2022