1. Acceptance of Terms

By accessing or using the B1ND platform ("Service") operated by B1ND Systems, Inc. ("B1ND," "we," "us," or "our"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree, do not use the Service.

2. Description of Services

B1ND provides a cloud-based financial operations platform that includes accounting, escrow management, payment processing, CRM, multi-entity management, and related services. Features may vary by subscription tier and may be modified at any time with reasonable notice.

3. Account Registration

To use the Service, you must create an account and provide accurate, current, and complete information. You are responsible for maintaining the confidentiality of your login credentials and for all activity under your account.

You must be at least 18 years old and have the legal authority to enter into these Terms on behalf of yourself or the organization you represent.

4. Escrow Services

B1ND offers escrow services through B1ND Escrow LLC, a wholly-owned subsidiary. Escrow funds are held in segregated accounts and are not commingled with B1ND operating funds.

Disbursements occur according to the milestone schedule and party approvals defined in each escrow deal. B1ND acts as a neutral intermediary and does not adjudicate disputes between parties.

5. Fees and Payment

Subscription fees are billed monthly or annually as selected during signup. All fees are non-refundable except as required by applicable law. We reserve the right to change pricing with 30 days' written notice.

Transaction fees for escrow and payment rails services are disclosed at the time of transaction and deducted from the applicable account or invoiced to the deal owner, as applicable.

6. Float Income Disclosure

B1ND may earn interest or yield on funds held in escrow accounts, including yield generated by stablecoin holdings ("Float Income"). Unless otherwise agreed in writing, Float Income is retained by B1ND as part of the Service and is not distributed to users or escrow parties.

Suppliers and subcontractors receiving disbursements from escrow always receive 100% of their agreed-upon amount. B1ND fees are funded from Float Income or invoiced separately to the deal owner.

7. Data Privacy

Your use of the Service is also governed by our Privacy Policy, which is incorporated into these Terms by reference. Please review the Privacy Policy to understand our practices regarding your personal and financial information.

8. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, B1ND SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE SERVICE.

B1ND'S TOTAL LIABILITY FOR ALL CLAIMS ARISING UNDER THESE TERMS SHALL NOT EXCEED THE AMOUNT YOU PAID TO B1ND IN THE 12 MONTHS PRECEDING THE CLAIM.

9. Dispute Resolution and Arbitration

Any dispute arising under these Terms shall be resolved through binding arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. The arbitration shall take place in Wilmington, Delaware.

YOU AGREE TO WAIVE YOUR RIGHT TO A JURY TRIAL AND TO PARTICIPATE IN A CLASS ACTION LAWSUIT OR CLASS-WIDE ARBITRATION.

10. Termination

Either party may terminate this agreement at any time. You may cancel your account through the platform settings. B1ND may suspend or terminate your access for violation of these Terms, non-payment, or if required by law.

Upon termination, your right to use the Service ceases. B1ND will make your data available for export for 30 days following termination. After that period, data may be deleted in accordance with our data retention policies.

Active escrow deals must be settled or transferred prior to account termination. B1ND will cooperate in the orderly wind-down of any pending escrow transactions.

11. Changes to Terms

We may update these Terms from time to time. Material changes will be communicated via email or a prominent notice on the Service at least 30 days before they take effect. Your continued use of the Service after the effective date constitutes acceptance of the updated Terms.

12. Contact

If you have questions about these Terms, please contact us at legal@bind.systems.

B1ND Systems, Inc.
123 Financial District
Wilmington, DE 19801