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⚠ DRAFT — Pending Legal Review This document is an AI-drafted starting point based on publicly available templates for futures commentary publishers. It has not been reviewed by a licensed attorney and is not binding. The language and clauses will be revised or replaced before Verracis exits private beta. Until legal review is complete, the current subscriber agreement between you and Verracis consists of the invitation email you received, any direct correspondence, and applicable law — not this draft document.

Terms of Service

Draft · Last updated 2026-04-13 · Pending legal review

1. Acceptance of these terms

By accessing or using Verracis (the "Service") at verracis.com, you ("you", "subscriber") agree to be bound by these Terms of Service ("Terms"). If you do not agree, do not access or use the Service. Your continued use after any change to these Terms constitutes acceptance of the revised version.

2. Eligibility

You must be at least 18 years old and legally capable of entering into binding contracts in your jurisdiction. The Service is intended for experienced, self-directed traders; by using it you represent that you understand futures, options, and other derivative markets and the risks associated with trading them.

3. Invitation-only beta

Verracis is currently offered on an invitation-only basis. Access is granted at Verracis's sole discretion and may be revoked at any time for any reason, including but not limited to violation of these Terms, abuse of the Service, or decisions about the beta program's scope. No access right is guaranteed beyond the current session.

4. Subscription and payment (when applicable)

When Verracis transitions out of invitation-only beta, subscribers may be offered promotional access, free trials, or discounted pricing through promotional codes. Any paid subscription, once activated, is charged through a third-party payment processor on a recurring basis at the rate disclosed at the time of activation. Subscriptions do not auto-renew without prior consent, and cancellation takes effect at the end of the current billing period. Refunds are not offered for partial billing periods except where required by law. This section will be replaced when payment functionality launches; subscribers will be notified of material changes before any charge is made.

5. License to use the Service

Subject to these Terms, Verracis grants you a limited, non-exclusive, non-transferable, revocable license to access and view the Service for your personal, non-commercial use. This license does not include:

Violations of this license may result in immediate termination of your access, with no refund, in addition to any other legal remedies available to Verracis.

6. Content and intellectual property

All content on Verracis — including text, graphics, logos, layouts, research, backtest results, and compiled data — is owned by Verracis or its licensors and is protected by U.S. copyright, trademark, and other intellectual-property laws. The "Verracis" name and logo are trademarks. No content may be copied, reproduced, modified, or distributed without prior written permission, except for personal, non-commercial reading by authorized subscribers.

7. No investment advice

Verracis is a publisher, not an investment adviser, broker-dealer, futures commission merchant, or commodity trading advisor. Content on the Service is general market commentary and is not personalized advice. See the separate Disclaimers and Risk Disclosure pages — both are incorporated into these Terms by reference and are equally binding.

8. Disclaimer of warranties

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, ACCURACY, OR UNINTERRUPTED AVAILABILITY. Verracis makes no warranty that the Service will meet your requirements, that access will be uninterrupted or error-free, that any information published will be accurate or timely, or that any defects will be corrected.

9. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, VERRACIS, ITS OPERATORS, OFFICERS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES — INCLUDING LOSS OF PROFITS, LOSS OF TRADING PROFITS, LOSS OF DATA, OR LOSS OF GOODWILL — arising out of or related to your use of or inability to use the Service, even if Verracis has been advised of the possibility of such damages. In jurisdictions that do not allow the exclusion of incidental or consequential damages, the above limitation may not apply to you; in such jurisdictions, Verracis's aggregate liability shall be limited to the greater of (a) the amount you paid to Verracis in the twelve months preceding the claim, or (b) US$100.

10. Indemnification

You agree to defend, indemnify, and hold harmless Verracis, its operators, officers, employees, and agents from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to: (a) your use of and access to the Service; (b) your violation of any term of these Terms; (c) your violation of any third-party right, including without limitation any copyright, property, or privacy right; or (d) any trade or investment decision you make in reliance, in whole or in part, on any content published on the Service.

11. Termination

Verracis may suspend or terminate your access to the Service at any time, with or without notice, for any reason, including breach of these Terms. Upon termination, your right to access the Service immediately ceases. All provisions of these Terms which by their nature should survive termination — including ownership provisions, warranty disclaimers, indemnification, and limitations of liability — shall survive.

12. Governing law and dispute resolution

[PLACEHOLDER: governing-law state to be selected with counsel, typically Delaware, Texas, or the state of Verracis's principal place of business.] These Terms shall be governed by and construed in accordance with the laws of that state, without regard to its conflict-of-law provisions.

[PLACEHOLDER: arbitration clause to be drafted with counsel. Typical structure binds disputes to individual (not class) arbitration under AAA or JAMS rules, with a small-claims court carve-out. Language should be reviewed for enforceability under the Federal Arbitration Act and the specific governing-law state.]

13. Changes to these Terms

Verracis may update these Terms from time to time. When material changes are made, Verracis will post the updated Terms on this page and update the "Last updated" date above. Your continued use of the Service after such changes constitutes acceptance of the revised Terms. For material changes affecting subscription pricing, cancellation rights, or liability provisions, Verracis will provide prior notice by email to subscribers with an active account.

14. Contact

Questions about these Terms can be sent to the contact address provided in your invitation email. [PLACEHOLDER: public contact address to be set with counsel.]