Legal Documentationv4.0

Terms & Conditions

Comprehensive legal framework governing your use of Luxira's business bookkeeping automation platform

Last Updated: January 15, 2024
Effective: January 22, 2024

Table of Contents

Important Legal Notice

These Terms & Conditions constitute a legally binding agreement. Please read them carefully. By using Luxira, you agree to all terms herein. If you do not agree, discontinue use immediately.

1

Acceptance of Terms

By accessing, using, or creating an account with Luxira Bookkeeping Intelligence Platform ("Luxira," "the Service," "the Platform"), you ("User," "you," "your") acknowledge that you have read, understood, and agree to be legally bound by these Terms & Conditions ("Terms," "Agreement") and our Privacy Policy, which is incorporated herein by reference.

This Agreement constitutes the entire agreement between you and Luxira, governing your use of our business bookkeeping intelligence platform and all associated services.

Enterprise Customers: If you are using Luxira under an Enterprise License Agreement or Master Service Agreement, those terms shall prevail over any conflicting provisions in these Terms.

2

Definitions

"Bookkeeping Data"

Any bookkeeping information, transaction records, account details, receipts, invoices, tax documents, or related bookkeeping documentation processed through the Platform.

"AI Services"

Machine learning algorithms, artificial intelligence models, automated categorization, predictive analytics, and intelligent recommendations provided by the Platform.

"Third-Party Integrations"

External bookkeeping institutions, banking services (including Plaid), payment processors, tax software, or other third-party services integrated with the Platform.

3

Service Description

Luxira is a comprehensive bookkeeping intelligence platform that provides AI-powered bookkeeping automation services, including but not limited to:

AI-Powered Receipt Processing

Optical character recognition and machine learning for expense categorization

Bookkeeping Analytics

Real-time insights, forecasting, and business intelligence dashboards

Security Controls

Enterprise security monitoring and comprehensive reporting

Banking Integrations

Secure connections to financial institutions via encrypted APIs

6

AI & Machine Learning Disclaimers

CRITICAL AI DISCLAIMERS

NO FINANCIAL ADVICE: AI-generated content, recommendations, and insights are FOR INFORMATIONAL PURPOSES ONLY and DO NOT constitute financial, investment, tax, legal, or accounting advice.

ACCURACY NOT GUARANTEED: AI systems may produce errors, inaccuracies, or incomplete results. Always verify AI outputs independently.

PROFESSIONAL CONSULTATION REQUIRED: Consult qualified financial advisors, accountants, or attorneys before making financial decisions based on AI-generated content.

REGULATORY COMPLIANCE: Users remain solely responsible for ensuring compliance with all applicable financial regulations and tax obligations.

13

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

NO WARRANTIES: THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR ACCURACY.

LIABILITY LIMITATION: LUXIRA'S TOTAL LIABILITY FOR ALL CLAIMS ARISING FROM OR RELATED TO THE SERVICE SHALL NOT EXCEED THE AMOUNT PAID BY USER TO LUXIRA IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR $1,000, WHICHEVER IS GREATER.

EXCLUDED DAMAGES: LUXIRA SHALL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, CONSEQUENTIAL, PUNITIVE, OR SPECIAL DAMAGES, INCLUDING BUT NOT LIMITED TO LOST PROFITS, DATA LOSS, BUSINESS INTERRUPTION, OR TAX PENALTIES.

AI-RELATED DISCLAIMERS: LUXIRA IS NOT LIABLE FOR DAMAGES ARISING FROM AI ERRORS, INACCURACIES, MISCLASSIFICATIONS, OR USER RELIANCE ON AI-GENERATED CONTENT.

14

User Indemnification

User agrees to indemnify, defend, and hold harmless Luxira, its officers, directors, employees, agents, and affiliates from and against any and all claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from or relating to:

  • User's use or misuse of the Service
  • User's violation of these Terms or applicable laws
  • User's Data or content uploaded to the Platform
  • User's reliance on AI-generated content or recommendations
  • Any third-party claims related to User's use of integrated services
  • User's failure to comply with tax obligations or regulations
15

Dispute Resolution & Arbitration

BINDING ARBITRATION: Any dispute arising from or relating to these Terms or the Service shall be resolved through binding arbitration.

Arbitration Rules: American Arbitration Association Commercial Arbitration Rules

Location: Illinois, USA

Language: English

Class Action Waiver: User waives the right to participate in class actions or collective proceedings

Exceptions: Either party may seek injunctive relief in federal or state courts for intellectual property violations

20

Governing Law & Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of the State of Illinois, USA, without regard to its conflict of laws principles. Any legal action or proceeding (except arbitration) shall be brought exclusively in the federal or state courts located in Illinois.

If any provision of these Terms is found to be unenforceable, the remaining provisions shall remain in full force and effect.

21

Contact Information

Legal Inquiries

Email: legal@luxira.com

Response Time: 5-7 business days

General Support

Email: support@luxira.com

Response Time: 24-48 hours

Luxira Business Bookkeeping Platform

AI-powered business bookkeeping automation

Last Updated: January 15, 2024

Version 4.0

© 2024 Luxira Inc. All rights reserved.

Luxira - Intelligent Business Bookkeeping Platform | AI-Powered Expense Tracking & Tax Optimization