Terms of Service

Last updated: February 20, 2026

Table of Contents

1. Definitions
2. Services Provided
3. Platform Architecture and Data Processing
4. Eligibility and Use Restrictions
5. Personal Data and Confidentiality
6. Accounts
7. Subscription Services; Payment
8. Right of Withdrawal
9. User Obligations, Content and Rights
10. Third-Party Services and Content
11. Intellectual Property Rights
12. Liability
13. Limitation of Liability
14. Term and Termination
15. Modifying and Terminating Our Services
16. Miscellaneous
17. Export Control
18. Law and Dispute Resolution
19. Contacts

This website is operated by The Formula AI S.R.L., registered in the Commercial Registry of Milan, with Tax Number 13815270965 and REA MI 2745629 and registered office at Via Marco Ulpio Traiano 37, 20149, Milan, Italy ("Company").

These Getbeel Terms of Service ("Terms") are between you ("you" or "your") and The Formula AI S.R.L. ("The Formula AI", "we", "us", or "our"). By accessing or using our Services (defined below) in any way, by completing the account registration process, or by browsing the Website (defined below), you agree to be bound by these Terms.

These Terms apply to your access to and use of Getbeel:

• website located at getbeel.com and all associated web pages and websites (the "Website"); and
• services (including mobile applications) and products accessible via the Website, or otherwise made available to you by us (together with the Website, the "Services").

These Terms constitute a legally binding and enforceable contract between you and the Company. By visiting the website www.getbeel.com, purchasing a subscription, or otherwise using Getbeel in any manner, you accept in their entirety and agree to be bound by these Terms.

We may indicate that different or additional terms, conditions, guidelines, policies, or rules apply in relation to your access to and use of some or all of our Services ("Supplemental Terms"), including the Company's Acceptable Use Policy and the Privacy Policy. Any Supplemental Terms become part of your agreement with us if you access and use the Services to which they apply, and if there is a conflict between these Terms and the Supplemental Terms, the Supplemental Terms will take precedence for that conflict.

We may make changes to these Terms from time to time. The "Last Updated" date above indicates when these Terms were last changed.

1. Definitions

In these Terms:

2. Services Provided

Getbeel ("the Service") is a platform that uses artificial intelligence to automate accounts payable processes for businesses and professionals. By using Getbeel, users may access the following features:

• Email scanning and invoice extraction: Getbeel connects to the User's email inbox through authorized email provider APIs (e.g., Gmail API, Outlook API) to identify and extract invoice-related emails. The extraction is performed exclusively through a Semantic Search algorithm, as described in detail in Section 3.
• Invoice management: Extracted invoices are organized and stored within the Getbeel platform in the "All Invoices" section, where Users can view, categorize, and manage their accounts payable documentation.
• Bank statement reconciliation: Users may upload bank statements to the platform. An artificial intelligence system then performs automated matching between the uploaded bank statement transactions and the extracted invoices to facilitate reconciliation.
• Electronic invoicing (Italy): For entities subject to mandatory electronic invoicing in Italy, Getbeel enables the issuance and transmission of electronic invoices through the Sistema di Interscambio (SDI).
• Self-invoicing of foreign invoices: For businesses with their registered office in Italy, Getbeel facilitates the self-invoicing process for invoices received from foreign suppliers, in compliance with Italian tax regulations.
• Dashboard and reporting: Getbeel provides Users with dashboards and reporting tools to monitor their accounts payable status, outstanding payments, and reconciliation progress.
• Team collaboration: The platform supports collaboration among multiple Authorized Users, allowing teams to work together on accounts payable management in a coordinated manner.

The Service is intended solely for the automation and management of accounts payable processes. Users agree to use the Service in accordance with applicable laws and the terms set forth herein. Users remain responsible for the accuracy, legality, and completeness of all Content processed through the Service, including any invoices, bank statements, and financial documents.

3. Platform Architecture and Data Processing

This section describes how Getbeel accesses, processes, and stores data in connection with the Services. Users are encouraged to read this section carefully.

3.1 - Email access and OAuth authentication

Getbeel connects to the User's email inbox exclusively through the official APIs provided by the User's email provider (e.g., Gmail API, Microsoft Outlook API, or other supported providers). Access is granted only upon explicit User authorization through a secure OAuth 2.0 authentication process. When the User initiates the connection (e.g., by clicking "Connect Gmail"), the email provider displays a consent screen that clearly describes the specific permissions being granted to Getbeel. Upon authorization, the email provider issues an access token — a secure digital credential that allows Getbeel to access the User's inbox in a limited and controlled manner. At no point does Getbeel receive, store, or have access to the User's email password.

3.2 - Scope of email access permissions

Getbeel requests the minimum level of permissions necessary to perform its functions. For Gmail, Getbeel operates under the gmail.readonly scope, which permits reading email messages and metadata but does not permit sending, modifying, deleting or otherwise altering any email content or inbox settings. Getbeel cannot send emails on the User's behalf, cannot delete messages, and cannot modify the User's mailbox in any way. Google classifies this scope as "Restricted", which requires Getbeel to undergo and pass a rigorous security verification process conducted by Google before being authorized to use such scope in production. Getbeel has successfully completed this security verification, through which Google has validated that Getbeel's access is limited to emails matching specific semantic search parameters as described in Section 3.3 below. Equivalent read-only permissions and provider verification processes apply for Microsoft Outlook and other supported email providers.

3.3 - Semantic search

Once email access is authorized, Getbeel employs a proprietary Semantic Search algorithm to identify emails that may contain invoices or receipts. This algorithm operates by cross-referencing two parameters configured by the User: (i) the name of the supplier or provider, and (ii) the keywords "invoice" or "receipt" (or equivalent terms based on the User's language and semantic search preferences). The Semantic Search is not powered by artificial intelligence. It is a deterministic, rule-based algorithm that matches emails against the User's configured parameters. Getbeel cannot and does not read emails that do not match these semantic search parameters.

3.4 - Non-matching emails: strict inaccessibility

Emails that do not match the parameters of the Semantic Search are not read, not opened, not exported, and not processed in any way. Such emails remain under the exclusive control of the User and are entirely inaccessible to the Getbeel platform, its algorithms, and any artificial intelligence system used by Getbeel. For the avoidance of doubt, Getbeel's artificial intelligence systems have no access whatsoever to the User's email inbox. AI is used only from the extraction process onwards, when Getbeel's algorithm has already identified the invoices to be extracted. Therefore, the artificial intelligence systems have no access at any time to the User's email inbox.

3.5 - Invoice extraction and storage

Only emails that match the Semantic Search parameters are processed. The invoice-related information contained in such emails (e.g., supplier name, invoice number, amounts, dates, VAT numbers, payment terms) is extracted and transferred to the Getbeel platform, where it is stored and displayed in the "All Invoices" section of the User's account.

3.6 - Bank statement upload and AI-powered reconciliation

The User may upload bank statements directly to the Getbeel platform (via file upload or, where available, through authorized banking integrations). Once both invoice data and bank statement data are available within the platform, Getbeel's artificial intelligence system performs automated reconciliation by matching bank statement transactions with extracted invoices based on amounts, dates, supplier references, and other relevant data points. The AI reconciliation operates exclusively on data already present within the Getbeel platform and does not access the User's email inbox or any external source.

3.7 - Revocation of access

The User may revoke email access at any time through their email provider's account settings (e.g., Google Account permissions, Microsoft Account app permissions) or through the Getbeel platform. Upon revocation, Getbeel will immediately lose the ability to access the User's email inbox.

3.8 - User control over semantic search parameters

The User may modify, restrict, or expand the Semantic Search parameters at any time through the platform settings. In the event that such parameters are modified, the User assumes responsibility for any failure to extract invoices corresponding to removed or modified parameters. Getbeel shall not be liable for invoices that are not extracted as a result of changes made by the User to the Semantic Search configuration.

4. Eligibility and Use Restrictions

4.1 - Age

If you are under 18 years of age (or the age of legal majority where you live), you may not use our Services.

4.2 - Authorization

If you register, access or use our Services on behalf of another person or entity, (i) all references to "you" throughout these Terms (other than in this Section) will include that person or entity, (ii) you represent that you are authorized to enter into these Terms on that person's or entity's behalf, and (iii) in the event you or that person or entity violates these Terms, that person or entity also agrees to be responsible to us. If you are an entity using any Services pursuant to these Terms, you are responsible for your employees' and representatives' use of the Services, including ensuring they comply with these Terms.

4.3 - Use Restrictions

Your access to and use of the Services must comply with these Terms and the Acceptable Use Policy.

5. Personal Data and Confidentiality

5.1 - User Information and Data Collection

The User may provide certain information to Getbeel in connection with their access to or use of our Services, or we may otherwise collect certain information about the User when they access or use our Services. For information about how we collect, use, share, and otherwise process information about the User, please review our Privacy Policy.

5.2 - Communications

The User agrees to receive communications from Getbeel via the Services using the email address or other contact information provided in connection with the Services. The User represents and warrants that any information provided to Getbeel in connection with the Services is accurate.

5.3 - Processing of Personal Data for Business Purposes

You acknowledge that Getbeel may process personal data relating to the operation, support, or use of our Services for our own business purposes, such as billing, account management, data analysis, technical support, product development, improvement of its systems and technologies, and compliance with law.

5.4 - Use Data License

You hereby grant us a worldwide, perpetual, non-exclusive, non-sublicensable and non-transferable, royalty-free license to monitor you and your Authorized Users' use of the Website and Getbeel and collect and analyze Use Data, in order to perform Getbeel (including generation of analytics and reports), to improve Getbeel, and to create new products and services, provided that the aforementioned Use Data will not identify you, your Authorized Users or any other individual.

5.5 - Confidentiality

Getbeel (the "Discloser") has disclosed or may disclose proprietary or non-public business, technical, financial, or other information ("Confidential Information") to you (the "Recipient"). Our Confidential Information expressly includes non-public information regarding features, functionality, and performance of Getbeel, including security-related information. The Recipient will use the Discloser's Confidential Information only for the purpose of evaluating whether or not to use (or continue to use) Getbeel. The Recipient will not disclose the Discloser's Confidential Information to parties other than the Recipient's employees, contractors, affiliates, agents, or professional advisors ("Representatives") who need to know it and who have a legal obligation to keep it confidential. The Recipient will ensure that its Representatives are subject to no less restrictive confidentiality obligations than those herein. Notwithstanding the foregoing, the Recipient may disclose the Discloser's Confidential Information: (a) if directed by Discloser; or (b) to the extent required by applicable legal process, provided that the Recipient uses commercially reasonable efforts to (i) promptly notify the Discloser in advance, to the extent permitted by law, and (ii) comply with the Discloser's reasonable requests regarding its efforts to oppose the disclosure.

5.6 - Financial Data Sensitivity

Given the nature of the data processed through Getbeel (invoices, bank statements, financial records, VAT information), the User acknowledges the sensitive nature of such data and agrees to take appropriate measures to protect their Account credentials and access to the platform. Getbeel implements appropriate technical and organizational measures to protect financial data, as described in the Privacy Policy.

6. Accounts

6.1 - Registration

To use all or part of our Services, the User is required to create an account. Following the initial registration of the Account, the User will be able to access and use Getbeel solely for their business activity and in accordance with these Terms. Getbeel may be updated from time to time, including through the addition, removal, or modification of features.

6.2 - Account Information

The User must provide Getbeel with accurate and complete information in order to create an Account. You will promptly update any information contained in your account if it changes. The User agrees to keep their Account information up to date and accurate. Any services provided in connection with the Account will be charged to it. Should the User provide false, outdated, or incomplete information, or should the Company have reasons to suspect it, the Company reserves the right to suspend or cancel the User's Account.

6.3 - Account Access and Responsibility

The User is responsible for safeguarding the Account username and password and for supervising the use of their Account. You may not share or permit others to use your individual account credentials. You must maintain the security of your account and promptly notify us if you discover or suspect that someone has accessed your account without your permission. The User is solely and fully responsible for all activities that occur under the Account and must notify Getbeel immediately of any unauthorized use of the Account or any other breach of security.

6.4 - Authorized Users and Access Rights

These Terms apply to any Authorized User of Getbeel. The User is solely responsible for their Authorized Users' compliance with these Terms, and for their internal management or administration of Getbeel. Without detracting from any of our rights, a violation of any provision of these Terms by an Authorized User may result in the termination of such Authorized User's access to, or the User's access to, Getbeel. If the User's access to Getbeel is terminated for any reason, Authorized Users will no longer be able to access Getbeel or any of the Content. Each Authorized User's account is personal to the Authorized User to whom it is issued.

6.5 - SSO (Single Sign-On)

The User may register an Account by logging into their account with certain third-party service accounts ("SSO"), including, but not limited to, Google (each such account, an "External Account"). As part of the functionality of Getbeel, the User may link their Account with such External Accounts by either: (i) providing their External Account login information to Getbeel; or (ii) allowing Getbeel to access their External Account, as permitted under the applicable terms and conditions that govern the User's use of each External Account. By registering an Account through an SSO, the User represents that they are entitled to disclose their External Account login information to Getbeel and/or grant Getbeel access to their External Account without breaching any of the terms and conditions that govern the use of the applicable External Account and without obligating Getbeel to pay any fees or making Getbeel subject to any usage limitations imposed by such third-party service providers.

6.6 - Deletion of Account

The User may delete their Account at any time from within their Account, in the section dedicated to Account settings. All Content and other information and data entered into Getbeel will be permanently deleted if the User deletes their Account, subject to the provisions of Section 14.2 and any legally mandated retention periods for financial and accounting data. If your Account is closed or terminated, you will forfeit all unused credits related to our Services associated with your Account.

7. Subscription Services; Payment

7.1 - Subscriptions

To access and use the Service, the User is required to enroll in a subscription payment plan (a "Recurring Subscription"). Getbeel is offered under different pricing plans, the limits and features of which are available at www.getbeel.com. A different allocation of features is permitted only through the specific purchase of Enterprise plans.

7.2 - Renewal

The Recurring Subscription will automatically renew until the User cancels it or the Recurring Subscription is otherwise terminated. The User's subscription will automatically renew on a monthly or annual basis, as applicable, at the then-current rate and user quantity in the User's account on the renewal date. Each individual monthly or annual subscription period is referred to as a "subscription term." Subscription fees for the applicable subscription term will be due and payable in advance in full, unless stated otherwise at the time of purchase.

7.3 - Cancellation

The User may cancel the subscription through their account in the account settings area. The User may cancel a Recurring Subscription at any time, but the cancellation only becomes effective at the end of the current billing period (except where the User has cancelled for a valid reason, such as in anticipation of changes to the Terms or in relation to exercising the right of withdrawal, as set out in Section 8). Except as stated above, no subscription fees already paid will be refunded. Following cancellation, however, the User will continue to have access to the applicable Services through the end of the current subscription period.

7.4 - Price Changes

Getbeel reserves the right to modify the prices and offerings of each subscription plan. In the event of a price change, such change shall apply to all users from the first renewal following the effective date of the new pricing. If the User does not wish to continue the Recurring Subscription at the new price, they may cancel it prior to the commencement of the next subscription period. If the User does not cancel, they shall be deemed to have accepted the price change. Notwithstanding the foregoing, Getbeel reserves the right to maintain the existing price for Users already registered on the platform.

7.5 - Payment and authorization for automatically recurring payments

The User authorizes Getbeel to store their payment method information and to automatically charge the payment method for the amount of the Recurring Subscription, with no further action required by the User. The length of the Recurring Subscription will be provided at the time of purchase. If Getbeel is unable to charge the User's payment method as authorized at the time of enrollment in the Recurring Subscription, Getbeel may, at its sole discretion: (i) suspend access to the Services until payment is received, or (ii) attempt to update the payment method information through third-party sources (e.g., the User's bank or a payment processor) to continue charging the payment method as authorized by the User. Getbeel will notify the User prior to taking such actions.

7.6 - Payment warrant

The User represents and warrants that they have the right to use any payment method provided to Getbeel. Getbeel may receive updated information from the User's issuing bank or our payment service provider regarding any payment method stored with us. The User authorizes Getbeel to charge their payment method, including any updated payment method information received, for any charges the User is responsible for under these Terms. Verification of information may be required prior to completing any transaction. The User will pay all charges incurred by them or on their behalf through the Services, at the prices in effect when such charges are incurred, including all applicable taxes. In the event that legal action is necessary to collect outstanding balances, and to the extent permitted by applicable law, the User will reimburse Getbeel and our vendors or agents for all expenses incurred in recovering the amounts due, including attorneys' fees and other legal costs. The User is solely responsible for any bank fees, interest charges, finance charges, overdraft charges, and any other fees incurred as a result of the charges billed by Getbeel.

7.7 - Invoice and Usage Limits

Each subscription plan provides for a maximum number of invoices that may be processed monthly ("Monthly Invoice Limit"). Processed invoices (i) do not represent legal tender, currency, or stored value; (ii) are not redeemable for monetary value; (iii) are not exchangeable or transferable between accounts or billing periods. Getbeel may be subject to additional usage limits and limitations on the maximum number of Authorized Users or reconciliation operations, in accordance with your subscription terms. We may change such limitations from time to time by notification or an update to the public subscription terms. The User may request an increase of their Monthly Invoice Limit by upgrading their subscription plan or as otherwise agreed between the parties.

8. Right of Withdrawal

8.1 - Contents and Terms

When the User purchases a Recurring Subscription directly from Getbeel as a consumer, they have the legal right to withdraw from the Recurring Subscription agreement within 14 days of purchase. For the avoidance of doubt, it is clarified that the right of withdrawal can only be exercised within the first 14 days from the date of purchase (i.e., only during the first subscription period) and not within the first 14 days of subsequent periods.

8.2 - Exercise of the right

The right of withdrawal may be exercised by sending an email to: info@theformulaai.com. The Company reserves the right to verify that the request was submitted within 14 days from the date of purchase of the subscription and that these Terms of Use have been complied with.

9. User Obligations, Content and Rights

9.1 - Use Obligations

You will only use Getbeel and the Website in compliance with all applicable laws, rules and regulations, including those regarding data privacy, intellectual property rights, tax regulations, and anti-money laundering laws. The User is only authorized to use the Website and the Services in good faith and under the Terms, which include our Acceptable Use Policy. The User agrees not to use the Services negligently, for fraudulent purposes or in an unlawful manner. Likewise, the User agrees not to partake in any conduct or action that could damage the image, interests or rights of the Website or third parties. The User shall be responsible for any costs required for the Services' use and for ensuring, prior to using the Services, that the Services' features meet the User's needs and that he/she/it meets all requirements and has all the equipment and software necessary for this purpose. The rights granted to the User under these Terms are personal and shall not be assigned to any third party (including affiliates or entities part of the same group of companies) totally or partially, by any means, without the prior, express and written consent from the Company.

9.2 - Use Restrictions

As a condition for the access and use rights granted to you hereunder, you must not, whether by yourself or anyone on your behalf:

• (a) interfere with the functioning of the Website or the Services, in particular, impersonate another user or person;
• (b) provide, sell, resell, transfer, sublicense, lend, distribute, rent, lease or otherwise allow others to access or use Getbeel;
• (c) access or attempt to access Getbeel by any means other than the interface we provided or authorized;
• (d) circumvent any access or use restrictions put into place to prevent certain uses of Getbeel;
• (e) carry out any action that may damage, make unavailable, overload, deteriorate or impede the normal use of the Website or the Services, which may impact the security of the Website or the Services, or which may in any way interfere with the Services offered by the Company;
• (f) use robots, spiders or any other mechanism, mobile application, program or tool to access, copy or control any part of the Website or the Services in any way which is contrary to the ordinary use of the Website or which infringes the Company's interests;
• (g) obtain or attempt to obtain the contents of the Website using any method or system not expressly authorized by the Company;
• (h) use Getbeel to store, share or transmit content which is unlawful, infringing, harmful or which violates any person's rights, including privacy rights and intellectual property rights;
• (i) attempt to disable, impair, overburden, or damage Getbeel;
• (l) copy, modify, distribute, create any derivative work, reverse engineer or decompile Getbeel or attempt to derive or discover any source code, object code, underlying structure, ideas, know-how or algorithm from Getbeel;
• (m) use Getbeel or Output to develop a service or product competing with Getbeel's products and services;
• (n) remove the copyright, trademark and other proprietary notices contained on or in Getbeel or Website;
• (o) upload or process falsified, fabricated, or fraudulent invoices, bank statements, or financial documents through Getbeel; or
• (p) attempt or assist anyone in doing any of the foregoing.

9.3 - Input & Output

As between the parties, you are the owner of all Content you upload or submit to Getbeel, and of all Output generated by Getbeel based on your Input. You are responsible for both Input and Output, including for ensuring that it does not violate any applicable law, the rights of third parties, or these Terms. You acknowledge that due to the nature of automated processing, Getbeel may produce similar reconciliation results for users with similar transaction data, and that such results generated for other users will not be considered your "Output."

9.4 - Accuracy of Financial Data

The User acknowledges and agrees that Getbeel's automated processes, including AI-powered reconciliation, are tools designed to assist the User and do not replace professional accounting judgment. The User remains solely responsible for verifying the accuracy and completeness of all Output, including reconciliation results, extracted invoice data, and generated electronic invoices, before relying on them for tax, accounting, or regulatory purposes.

9.5 - Responsibility for Content

Getbeel is not intended to be used as the sole storage or backup service for financial records. It is your responsibility to maintain independent backups of your Content, and you are responsible for any lost or unrecoverable Content.

10. Third-Party Services and Content

10.1 - Use of Third-Party Services

Our Services rely on or interoperate with third-party products and services, including email provider APIs, cloud storage services, banking data providers, electronic invoicing transmission services (SDI intermediaries), payment processors, and internet and mobile operators (collectively, "Third-Party Services"). These Third-Party Services are beyond our control, but their operation may impact, or be impacted by, the use and reliability of our Services.

10.2 - Third-Party Products, Services, and Content

We may further provide information about or links to third-party products, services, activities, or events, or we may allow third parties to make their content and information available on or through the Services (collectively, "Third-Party Content"). Your dealings or correspondence with third parties and your use of or interaction with any Third-Party Content are solely between you and the third party.

10.3 - Interaction with Third Parties

We have no obligation to monitor Third-Party Services or Third-Party Content, and we may block or disable access to any Third-Party Services or Third-Party Content (in whole or part) through our Services at any time. Your access to and use of such Third-Party Content or Third-Party Services may be subject to additional terms, conditions, and policies applicable to such Third-Party Content. You are responsible for obtaining and maintaining any computer hardware, equipment, network services and connectivity, telecommunications services, and other products and services necessary to access and use the Services.

11. Intellectual Property Rights

11.1 - Ownership of Intellectual Property

All intellectual property rights over the Website, the Services, and/or the Getbeel content, its design, and source code, and all content included in any of them (including without limitation text, images, animations, databases, graphics, logos, trademarks, icons, buttons, pictures, videos, sound recordings, etc.) belong or are licensed to the Company, as well as all trademarks, service marks, trade names, logos, and trade dress (collectively, the "Marks").

11.2 - Use Restrictions

Except as expressly authorized under these Terms, the reproduction or distribution, as well as transformation, producing any derivative works of any kind, public communication, making available, extraction, reuse or any other use of the Website, the Services, the Getbeel content or any of its parts, is strictly forbidden.

12. Liability

12.1 - Improper use or breach of the terms

The User acknowledges and agrees to use the Website and its Services at the User's own risk and under the User's responsibility and, therefore, the Company assumes no liability for improper use or use in breach of these Terms.

12.2 - No professional advice

Getbeel provides automated tools to assist with accounts payable management, invoice extraction, reconciliation, and electronic invoicing. The Service does not constitute accounting, tax, legal, or financial advice. The User acknowledges that the Output generated by Getbeel should be reviewed and verified by qualified professionals before being used for compliance, reporting, or regulatory purposes. The Company shall not be liable for any damages arising from the User's reliance on Output without appropriate professional verification.

12.3 - Indemnification (misconduct)

The User will be responsible for any damage caused to the Company resulting from the use of the Website and the Services in breach of the Terms and agrees to indemnify the Company and its directors, employees, agents and representatives from any liability they may incur as a result of the User's breach of these Terms.

12.4 - Indemnification (third parties)

You will indemnify, defend (at our option), and hold harmless Getbeel and our officers, directors, partners, licensors, employees and agents from and against any losses, liabilities, claims, demands, damages, expenses or costs ("Claims") arising out of or related to:

• (a) your access to or use of the Services;
• (b) the Content or Feedback;
• (c) your violation of these Terms;
• (d) your violation, misappropriation, or infringement of any rights of another (including intellectual property rights or privacy rights);
• (e) the accuracy, completeness, or legality of any invoices, bank statements, or financial documents you process through Getbeel; or
• (f) your conduct in connection with the Services or the Content.

You will cooperate with Getbeel in defending such Claims, and pay all fees, costs, and expenses associated with defending such Claims (including attorneys' fees). Getbeel will have control of the defense or settlement, at Getbeel's sole option, of any third-party Claims. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between you and Getbeel.

13. Limitation of Liability

13.1 - Limitation of Indirect Liability

Under no circumstances, and under no legal theory (whether in contract, tort (including negligence), strict liability, warranty, or any other theory of liability), will Getbeel, its affiliates, and its or their contractors, employees, agents, or third-party partners, licensors, or suppliers (collectively, its "Party Representatives") be liable for any special, indirect, incidental, consequential, or exemplary damages (including loss of profits, data, or use, or cost of cover) arising out of or relating to these Terms or the use of or the inability to use Getbeel, even if Getbeel or its Party Representatives has been advised of the possibility of such damages.

13.2 - Limitation on Amount of Liability

Under no circumstances, and under no legal theory (whether in contract, tort (including negligence), strict liability, warranty, or any other theory of liability), will the total liability of Getbeel, its affiliates, and its or their Party Representatives for any and all damages and causes of action arising out of or relating to these Terms or the use of or the inability to use Getbeel exceed the greater of: (a) €100; or (b) the Getbeel subscription fees paid by you to Getbeel in the 12 months preceding the event giving rise to such liability.

13.3 - Limitation of Liability for Availability and Continuity

The Company shall not be liable for the availability or continuity of the Website or the Services in cases where events not attributable to the Company itself prevent proper functioning. By way of example and without limitation, the Company shall not be liable for any damage that is:

• (a) unexpected — it was not obvious that it would happen and nothing you said to us before we accepted your order meant we should have expected it (for instance, interruptions, viruses, technical problems, interference, omissions, unavailability, blackouts, failures of telecommunication networks or the User's equipment that are not the Company's responsibility);
• (b) caused by a delaying event outside our control, as long as we have taken reasonable steps to mitigate its effects (for instance, delays or unavailability of the Website and the Services due to deficiencies or traffic overload on the Internet, in the communication network or in the electricity grid, or third-party actions);
• (c) avoidable — something you could have avoided by taking reasonable action;
• (d) a business loss — our liability for any loss you suffer in connection with your trade, business, craft or profession is limited as described above; or
• (e) related to the unavailability of the Website and the Services due to maintenance or software updates.

Some countries and states may not allow the limitation of certain damages, so some or all of the foregoing terms may not apply to you. In that case, these Terms only limit our responsibilities to the maximum extent allowed in your country of residence.

14. Term and Termination

14.1 - Term

These Terms will take effect the first time you access Getbeel or the Website and will continue in full force and effect until: (a) if you are a paid subscriber to Getbeel, the termination, discontinuation, or cancellation of your subscription; or (b) if you are using a free Getbeel offering, when your account is deleted or terminated. For Website visitors who do not have an account with Getbeel, these Terms apply to any period of time you are accessing or using the Website.

14.2 - Termination

(a) Getbeel may terminate your access to and use of Getbeel, at Getbeel's sole discretion, at any time and without notice or liability to you, but if Getbeel cancels your subscription and the termination is not due to your breach of these Terms, Getbeel will provide you a pro rata refund of pre-paid unused fees unless, in our reasonable discretion, Getbeel is not legally permitted to do so (in which case any refund rights are null and void).

(b) Upon any termination, discontinuation, or cancellation of your Getbeel subscription or your Getbeel account, the following provisions of these Terms will survive: Billing (to the extent you owe any fees at the time of termination, discontinuation, or cancellation); Confidentiality; provisions related to Usage Data, Content, and Feedback; Warranties and Disclaimers; Indemnification; Limitations of Liability; Termination; and the provisions under Section 16. Upon any termination, to the extent permitted by applicable law, Getbeel will make all Content then held by Getbeel available to you for electronic retrieval for a period of 30 days, but thereafter Getbeel may delete any stored Content, subject to any legally mandated retention periods for financial and accounting records.

15. Modifying and Terminating Our Services

15.1 - Changes we can always make

We can always change the Services: (a) to reflect changes in relevant laws and regulatory requirements, including tax and electronic invoicing regulations; (b) to make minor technical adjustments and improvements, for example to address a security threat; and (c) to update the Services, provided that the Services always match the description that we provided to you before you paid for them.

15.2 - Changes we can only make if we give you notice and an option to terminate

If we plan to make any changes that materially adversely impact you, we'll notify you in advance and you can then contact us to end the contract before the change takes effect and receive a refund for any Services you've paid for in advance but won't receive.

15.3 - We can suspend the supply of Services

We do this to: (a) deal with technical problems or make minor technical changes; (b) update the Services to reflect changes in relevant laws and regulatory requirements; or (c) make changes to the Services. Our ability to suspend supply is without prejudice to your legal guarantee rights. We will contact you in advance to notify you of any suspension, unless suspension is required urgently for security or legal reasons. If we suspend the Services for longer than ten (10) days in any thirty (30) day period, we adjust the price so you don't pay for it while it's suspended. If we suspend supply, or tell you we're going to suspend supply, for more than thirty (30) days, you can contact us to end the contract and we'll refund any sums you've paid in advance for services you won't receive.

16. Miscellaneous

16.1 - Changes to these Terms

The Company may modify the Terms at any time and thus we recommend that the Terms are reviewed on a regular basis by the User. Getbeel will post the most current version of these Terms on the Website. Getbeel may provide you notice through Getbeel, the Website, and/or by email to the email address associated with your account. The date at the beginning of these Terms refers to the latest update of these Terms, which will be applicable from the date of publication. By continuing to use Getbeel after any revised Terms become effective, you agree to be bound by the new Terms.

16.2 - Terms Translation

The Company may provide translations of these Terms into various languages merely for informative purposes. However, the English version is the only legally binding version. In the event of any discrepancy between the English version and a translated version, the English version shall prevail.

16.3 - Website and Platform changes

The Company may, at any moment, and without incurring in any responsibility towards the User, modify the content of the Website or the Services, limit or modify the conditions or cease to provide some or all the Services and features available or deactivate and delete all or some of the User accounts and their corresponding information. However, the Company will comply with its obligations regarding the keeping of records in relation to certain transactions for the relevant period as provided by applicable law or refund the Users of Subscriptions in force at that time with the proportional part of the price not accrued before the termination.

16.4 - Retention of Rights

All rights not expressly granted to the other party under these Terms are reserved by the applicable party and its licensors. Without detracting from the foregoing, Getbeel and its licensors retain all rights, title, and interest in Getbeel, and any related intellectual property rights. These Terms do not convey to you any interest in or to Getbeel's intellectual property rights; Getbeel is licensed, not sold.

16.5 - Severability

If any part of these Terms is deemed unlawful, void or for any reason unenforceable, then that provision shall be deemed to be severable from the rest of these Terms and shall not affect the validity and enforceability of any of the remaining provisions of these Terms. In such cases, the part deemed invalid or unenforceable shall be construed in a manner consistent with applicable law to reflect, as closely as possible, the original intent of the parties.

16.6 - Waiver

Getbeel's failure to exercise or enforce any right or provision of these Terms will not operate as a waiver of such right or provision. These Terms reflect the entire agreement between the parties relating to the subject matter hereof and supersede all prior agreements, representations, statements, and understandings of the parties.

16.7 - Relationship

Nothing in these Terms shall be construed as creating any employment, agency, partnership, trust arrangement, fiduciary relationship, or any other form of joint enterprise between you and Getbeel.

16.8 - Entire Agreement

These Terms, together with any agreement or policy incorporated herein, contain the entire agreement between Getbeel and you relating to your use of Getbeel and Website and supersede any and all prior agreements between Getbeel and you in relation to the same. You confirm that, in agreeing to accept these Terms, you have not relied on any representation except as has expressly been made by Getbeel in these Terms.

16.9 - Assignment

You may not assign your rights or delegate your obligations under these Terms without Getbeel's prior written consent. Any purported assignment contrary to this Section will be null and void. Getbeel may freely assign these Terms or any of its rights and obligations hereunder.

16.10 - Publicity

Getbeel and its affiliates may use your company name and logo in publication of Getbeel customers on websites, social media and marketing materials, and, with your prior written consent and approval of the materials, issue case studies or other forms of publicity and marketing materials concerning your involvement with and use of Getbeel.

16.11 - Feedback

If you choose to provide us with any feedback, input, comments or suggestions regarding the design, functionality or operation of Getbeel or Website ("Feedback"), then you hereby irrevocably and unconditionally agree that Getbeel may freely use and incorporate such Feedback into Getbeel or Website, or any of Getbeel's current or future products and services.

16.12 - Interpretation

The section titles in these Terms are for convenience only and have no legal or contractual effect. Lists of examples following "including" or "e.g." or similar words are not exhaustive (that is, they are interpreted to include "without limitation"). URLs are understood to also refer to successor URLs, URLs for localized content, and information or resources linked from within the websites at the specified URLs. The word "or" will be deemed an inclusive "or".

17. Export Control

Access to and use of the Service are subject to applicable export control and economic sanctions laws and regulations (collectively, the "Export Controls"), including, without limitation, the U.S. Export Administration Regulations and the laws, regulations, rules, and executive orders administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (OFAC), as well as any other applicable international trade laws.

The Provider and you each represent and warrant that you are not listed on (and are not owned or controlled by any person listed on) the OFAC Specially Designated Nationals and Blocked Persons List or any other list of prohibited or restricted parties issued pursuant to Export Controls.

You agree to comply fully with all applicable Export Controls in connection with your access to and use of the Service and related content. For the avoidance of doubt, the Provider may take any measures required by law or governmental authority to comply with its obligations under Export Controls and OFAC, including, without limitation, suspending or restricting access to the Service, terminating these Terms, or blocking the relevant content.

18. Law and Dispute Resolution

18.1 - Governing Law

The use of the Website and the Services and the interpretation and application of these Terms shall be governed by Italian Law. Except for those cases in which the applicable law imposes a specific jurisdiction, any dispute in connection with these Terms shall be resolved by the Courts of Milan (Italy), and the parties expressly waive any other applicable jurisdiction. In accordance with the provisions of article 14 of Regulation (EU) 524/2013, the Users are informed that, in the cases in which it is applicable due to the condition of the User as a consumer, the European Commission has an online dispute resolution platform, which is available at the following link: https://ec.europa.eu/consumers/odr/.

18.2 - Binding arbitration

You and Getbeel both agree to resolve disputes arising out of or relating to these Terms, your use or contemplated use of Getbeel, or any aspect of your relationship or transactions with Getbeel (each, a "Claim") in binding arbitration instead of court, except that either party may bring suit in court to enjoin the infringement or other misuse of intellectual property rights. You and Getbeel agree to resolve disputes solely on an individual basis, waiving any right to participate in a class, representative, or consolidated action, unless you opt out of arbitration.

We want to try to resolve disputes without resorting to arbitration, if possible. Before initiating arbitration, you and Getbeel agree to notify each other in writing of any dispute ("Claim") at least 60 days before a demand for arbitration can be filed. To notify your claim, you must send an individualized letter containing: (a) your name, mailing address, and the email address you use to access the Service; (b) the name, mailing address, and email address of your attorney, if any; and (c) a description of the dispute with the specific reasons for your complaint. You may send the letter by certified mail to the following address: Via Marco Ulpio Traiano, 37D, Milan, 20149.

If the dispute is not resolved within 60 days of Getbeel or your receipt of the Pre-Arbitration Letter, formal arbitration may be initiated. The arbitration will be conducted by Camera Arbitrale di Milano (CAM) under its Comprehensive Dispute Resolution Rules and Procedures, available at https://www.camera-arbitrale.it/en/arbitration/arbitration-rules.php?id=64. Fees and costs will be allocated in accordance with the applicable CAM rules, unless the arbitrator finds a Claim frivolous, in which case the party bringing the Claim is responsible for reimbursing the other party for its administrative, hearing, and/or other fees incurred as a result of the frivolous Claim. If CAM is not available to arbitrate, the parties will select an alternative arbitration provider. The arbitration may be conducted in writing, remotely (e.g., by videoconference), in Milan (Italy), or at some other location that you and Getbeel both agree to.

Opting-out. If you don't want to agree to arbitrate your Claims as explained above, then you can opt-out of this arbitration agreement by notifying Getbeel of your decision in writing at privacy@getbeel.com. Your notice must include your name, mailing address, email address, and an unequivocal statement that you are opting out of this arbitration agreement. You must opt-out within 30 days of the date you first agree to these Terms or any updated Terms.

Dispute resolution in the absence of arbitration. If arbitration is not conducted, any dispute shall be submitted to the courts of Milan, Italy, and consumer protection laws shall apply, provided that the user qualifies as a consumer under applicable law.

19. Contacts

If you have a question or complaint regarding the Services, please send an email to info@theformulaai.com. Note that email communications will not necessarily be secure; accordingly, you should not include payment card information or other sensitive information in your email correspondence with us.