TERMS OF USE

Binding Agreement Between User and Absolute Research Company

These Terms of Use (“Terms”) constitute a legally binding agreement between you (“User”, “you”) and Absolute Research Company, operating the AQURIX platform (“AQURIX”, “we”, “us”, or “our”), governing your access to and use of the AQURIX platform, including all associated software, tools, microservices, websites, interfaces, APIs, and related services (collectively, the “Platform” or “Services”).

By accessing or using the Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms.
If you access or use the Platform on behalf of a legal entity, you represent and warrant that you are duly authorized to bind such entity to these Terms, and all references to “you” and “User” shall include that entity.

If you do not agree to these Terms in full, you must not access or use the Platform.

1. Definitions

For the purposes of these Terms:

• “Platform” means the AQURIX system and infrastructure, including web and mobile interfaces, dashboards, APIs, embedded tools, software components, agents, and related microservices.

• “User” means any individual, organization, or legal entity that accesses, registers for, or uses the Platform.

• “User Data” means any information, content, documents, files, datasets, or other material submitted, uploaded, stored, or processed by or on behalf of a User through the Platform.

• “Output” means any text, report, visualization, recommendation, analysis, file, or other result generated by the Platform in response to User inputs or User Data.

• “Micro-tools” means modular tools, agents, or processing components within the Platform, including those that operate through internal logic or via secure API connections to third-party services.

2. Acceptance of Terms and Updates

2.1 Your access to and use of the Platform is conditional upon your acceptance of these Terms. By creating an account, accessing, or using the Platform, you agree to be bound by these Terms.

2.2 We may update or modify these Terms from time to time. The updated version will be published on the Platform with a revised “Effective Date”. Your continued use of the Platform after such updates constitutes your binding acceptance of the updated Terms.

3. Eligibility

3.1 The Platform is intended only for individuals who have full legal capacity under applicable law.

3.2 If you are using the Platform on behalf of a company or other legal entity, you represent and warrant that you have full authority to accept these Terms on its behalf and to bind such entity.

4. Account Registration and Security

4.1 To access certain features of the Platform, you may be required to create an account. You agree to provide accurate, complete, and current information and to update such information as necessary.

4.2 You are responsible for maintaining the confidentiality of your login credentials and for restricting access to your account. You are solely responsible for all activities that occur under your account, whether or not authorized by you.

4.3 You must promptly notify us if you become aware of any unauthorized access to or use of your account or credentials.

5. Use of the Platform

5.1 License Grant. Subject to your compliance with these Terms, we grant you a limited, revocable, non-exclusive, non-transferable license to access and use the Platform for lawful purposes related to data analysis, market research, and other permitted business uses.

5.2 Prohibited Uses. You agree not to:

a) Use the Platform in any manner that violates applicable laws or regulations (including those of the Kingdom of Saudi Arabia and any other jurisdiction that applies to you);
b) Upload, process, or transmit any data that is unlawful, defamatory, infringing, fraudulent, or otherwise objectionable;
c) Upload, process, or transmit any content that is classified as state secrets, defense-related, or otherwise restricted under national security, export control, or similar regulations;
d) Upload or use the Platform to process highly sensitive government-classified information or data that you are not lawfully permitted to disclose;
e) Attempt to gain unauthorized access to the Platform or to any systems or networks connected to the Platform;
f) Introduce any viruses, malware, or other malicious code, or attempt to interfere with the proper functioning of the Platform;
g) Circumvent, disable, or otherwise interfere with security-related features or access controls;
h) Use the Platform to develop, train, or improve competing models or services in violation of applicable laws or our rights;
i) Use the Platform in a manner that infringes the rights (including intellectual property, privacy, or data protection rights) of any third party.

5.3 We may monitor usage patterns and technical logs to protect the security, stability, and integrity of the Platform.

6. Data Use, Processing, and Tool Interactions

6.1 User Data Ownership and License

6.1.1 As between you and us, you retain all rights, title, and interest in and to your User Data.

6.1.2 By submitting or uploading User Data to the Platform, you grant us a non-exclusive, worldwide, royalty-free license to host, store, reproduce, process, analyze, and otherwise use such User Data solely for the following purposes:

• Providing and operating the Services for you;

• Maintaining, securing, and improving the Platform;

• Complying with legal obligations and enforcing these Terms.

6.1.3 We do not sell, commercialize, or otherwise monetize User Data as a separate product or service. Our revenue is derived from providing access to tools, Services, and Platform, not from the sale of User Data.

6.2 Micro-Tools with Direct Data Processing

6.2.1 Certain features of the Platform, including agents and micro-tools, operate directly on User Data to perform analytics, search, summarization, visualization, report generation, and other functions.

6.2.2 These tools may perform processing in real time or near real time and may temporarily store intermediate results for the duration of a session or task.

6.2.3 You remain responsible for ensuring that any User Data you upload or process through such tools may lawfully be processed in this way and does not contain:

• Classified government information;

• Data subject to export control or national security restrictions;

• Information that you are contractually or legally prohibited from sharing with service providers.

6.3 Micro-Tools Utilizing API Connectivity and Third-Party Components

6.3.1 Some micro-tools may rely on vetted third-party services, models, or components accessed via secure APIs (for example: document formatting, specific statistical computations, file transformations, or other specialized functions).

6.3.2 While we apply data minimization and seek to limit what is transmitted to such components to the extent reasonably necessary, these APIs are technically operated by third parties and are not under our full control.

6.3.3 You must not upload or intentionally submit to these tools any data that is:

• Personally identifiable information (PII) that you may not lawfully share with such processors;

• Financial, medical, or other highly sensitive personal data, unless you have a lawful basis and the necessary consents;

• Information prohibited from cross-system or API-based processing under applicable law or contractual obligations.

6.3.4 Your use of any micro-tool that relies on third-party APIs constitutes your acknowledgment and acceptance that:

• Certain data elements may be transmitted to third-party technical infrastructure;

• You understand the associated technical and legal implications;

• You assume responsibility for verifying that your use of such tools complies with applicable data protection and confidentiality obligations.

7. Payment Processing and Financial Data

7.1 Payments for paid Services, subscriptions, or any other fee-based features are processed through independent, certified payment service providers (“PSPs”) and acquiring banks.

7.2 We do not process, store, or have access to your full card numbers, CVV/CVC codes, bank account numbers, or other sensitive payment credentials.

7.3 All payment-related data is processed solely by the PSP and the acquiring bank in accordance with applicable laws of the Kingdom of Saudi Arabia, requirements of the Saudi Central Bank (SAMA), and industry security standards (including PCI DSS).

7.4 We receive only limited transaction information (such as transaction status, masked card details, and transaction IDs) for the purposes of invoicing, payment reconciliation, fraud monitoring, and compliance.

7.5 Further details regarding payments, billing, and refunds are set out in our Payment, Subscription & Refund Policy, which forms part of these Terms by reference.

8. Intellectual Property Rights

8.1 All rights, title, and interest in and to the Platform, including all software, algorithms, models, interface designs, databases, trademarks, trade names, trade secrets, documentation, and other intellectual property, are and shall remain the exclusive property of Absolute Research Company and its licensors.

8.2 Except as expressly permitted under these Terms, you shall not:

• Copy, modify, adapt, or create derivative works of the Platform;

• Reverse engineer, decompile, or attempt to derive the source code of the Platform, except to the extent that applicable law permits such activities notwithstanding this limitation;

• Remove or alter any proprietary notices, labels, or marks on or within the Platform;

• Use any trademark, logo, or trade name of AQURIX or Absolute Research Company without our prior written consent.

8.3 Subject to Section 6.1, you retain all rights in your User Data. You may also acquire rights in Outputs generated by the Platform, to the extent permitted by applicable law and by the rights of any third parties whose materials may be referenced or incorporated in such Outputs. You are responsible for your use of any Outputs and for ensuring your use complies with applicable law.

9. Privacy and Security

9.1 Our processing of personal data is governed by our Privacy Policy, which describes how we collect, use, store, and protect personal information. By using the Platform, you consent to such processing in accordance with the Privacy Policy and applicable laws.

9.2 We implement reasonable and appropriate technical and organizational measures designed to protect the confidentiality, integrity, and availability of the Platform and User Data. These measures may include encryption, access controls, logging, and auditing.

9.3 You acknowledge that no system can be guaranteed to be completely secure. You are responsible for maintaining your own security controls (including secure endpoints, updated software, and network protections) and for deciding what information to upload to the Platform.

10. AI Outputs, Accuracy, and Use of Results

10.1 The Platform may generate AI-based or algorithmic Outputs, including analyses, predictions, summaries, visualizations, and recommendations.

10.2 Such Outputs are the product of statistical models and automated systems. They may:

• Contain inaccuracies, omissions, or outdated information;

• Reflect biases present in training data or external sources;

• Fail to account for all relevant facts or circumstances.

10.3 Outputs are provided for informational purposes only and are not intended as financial, legal, tax, investment, or other professional advice. You remain solely responsible for:

• Reviewing and validating Outputs;

• Seeking independent professional advice where necessary;

• Making any decisions based on the Outputs.

10.4 We make no representation or warranty as to the accuracy, completeness, reliability, or timeliness of any Output generated by the Platform.

11. Disclaimers

11.1 The Platform and all Services are provided on an “as is” and “as available” basis, without any warranties of any kind, whether express, implied, statutory, or otherwise.

11.2 To the maximum extent permitted by applicable law, we expressly disclaim all warranties, including any implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.

11.3 We do not warrant that:

• The Platform will be uninterrupted, error-free, or free from malware or other harmful components;

• Outputs will be accurate, complete, or suitable for any specific purpose;

• Any defects or errors will be corrected within a particular time frame.

11.4 We assume no responsibility for the performance, security, legality, or reliability of any third-party APIs, services, or vendors used by or integrated into micro-tools.

12. Limitation of Liability

12.1 To the maximum extent permitted by applicable law, in no event shall Absolute Research Company, AQURIX, or any of their affiliates, officers, directors, employees, or agents be liable for:

• Any indirect, incidental, special, consequential, or punitive damages;

• Any loss of profits, revenue, data, goodwill, or business opportunities;

• Any losses arising from business interruption, procurement of substitute services, or reliance on Outputs.

12.2 To the extent liability cannot be entirely excluded under applicable law, our aggregate liability arising out of or relating to the Platform or these Terms shall be limited to the total amount of fees actually paid by you for the Services during the three (3) months immediately preceding the event giving rise to the claim.

12.3 The limitations in this Section shall apply regardless of the legal theory of liability (contract, tort, statute, or otherwise), even if we have been advised of the possibility of such damages, and even if any limited remedy fails of its essential purpose.

13. Indemnification

13.1 You agree to indemnify, defend, and hold harmless Absolute Research Company, AQURIX, and their affiliates, officers, directors, employees, and agents from and against any and all claims, demands, actions, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to:

a) Your access to or use of the Platform;
b) Your violation of these Terms;
c) Your upload or processing of User Data in violation of applicable laws or third-party rights;
d) Your use of micro-tools or any third-party services accessed via the Platform in a manner inconsistent with these Terms or applicable law.

13.2 We reserve the right to assume exclusive defense and control of any matter subject to indemnification by you, in which case you agree to cooperate fully with us in asserting any available defenses.

14. Termination and Suspension

14.1 We may, at our sole discretion and without liability to you, suspend or terminate your access to the Platform, in whole or in part, at any time, including if:

• You breach these Terms or any other applicable policy;

• Your use of the Platform poses a security risk, legal risk, or operational risk;

• We are required to do so by law, regulation, or order of a competent authority.

14.2 You may stop using the Platform at any time and, where applicable, deactivate your account.

14.3 Upon termination:

• Your right to access and use the Platform immediately ceases;

• We may deactivate or delete your account and associated data, unless we are required by law to retain certain records;

• Any provisions of these Terms which by their nature should survive termination (including, without limitation, Sections 6, 7, 8, 9, 10, 11, 12, 13, 15, and 16) shall remain in full force and effect.

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15. Governing Law and Dispute Resolution

15.1 These Terms and any dispute arising out of or in connection with them, or with the Platform, shall be governed by and construed in accordance with the laws of the Kingdom of Saudi Arabia, without regard to its conflict-of-laws rules.

15.2 Any dispute, controversy, or claim arising out of or relating to these Terms or the Platform shall be subject to the exclusive jurisdiction of the competent courts of Riyadh, Kingdom of Saudi Arabia.

16. Miscellaneous

16.1 Entire Agreement. These Terms, together with any policies referenced herein (including the Privacy Policy and Payment, Subscription & Refund Policy), constitute the entire agreement between you and us with respect to the Platform and supersede all prior or contemporaneous understandings.

16.2 Severability. If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.

16.3 No Waiver. Our failure to enforce any right or provision under these Terms shall not be deemed a waiver of such right or provision.

16.4 Assignment. You may not assign or transfer your rights or obligations under these Terms without our prior written consent. We may assign these Terms in connection with a merger, acquisition, corporate restructuring, or sale of assets.

16.5 Language. These Terms may be provided in multiple languages. In case of any inconsistency, the English version shall prevail, unless otherwise required by applicable law.

17. Contact

If you have any questions, notices, or requests relating to these Terms or the Platform, you may contact us at:

Absolute Research Company – AQURIX
Email: support@aqurix.co
Website: https://aqurix.co