ViriSIM Terms of Service

1. Introduction and Acceptance of Terms

Welcome to ViriSIM, a premier AI risk monitoring and compliance platform developed by Virideed Inc. These Terms of Service (referred to as "Terms") form a legally binding agreement that governs your access and use of the ViriSIM platform, services, and all associated content.

The ViriSIM platform is designed to assist businesses, regulators, and other stakeholders in managing AI compliance risks through:

• Automated monitoring and risk assessment tools
• Regulatory compliance reporting frameworks
• Centralized dashboard for oversight and management

2. Description of Services

ViriSIM provides a comprehensive suite of tools and services tailored to streamline AI compliance and risk management:

Core Platform Features

• AI Risk Assessment Engine: Automated analysis and scoring of AI models against 27 regulatory frameworks
• Compliance Reporting Suite: Generate audit-ready reports in PDF, XML, and JSON formats
• Regulatory Intelligence Hub: Real-time updates on 142 jurisdictions

Subscription Tiers

ViriSIM offers three service tiers with progressively advanced features:

• Starter: Basic risk assessment (up to 5 AI models)
• Professional: Advanced reporting + regulatory monitoring
• Enterprise: Custom frameworks + dedicated support

3. User Responsibilities

As a ViriSIM user, you agree to the following obligations:

Account Security

• Maintain confidentiality of all credentials
• Implement IP allowlisting for API access
• Promptly report suspected breaches

Data Accuracy

You warrant that all information provided to ViriSIM is:

• Accurate and complete
• Properly authorized for processing
• Updated within 30 days of changes

4. Payments and Billing

All services are provided under subscription agreements with the following terms:

Refund Policy

5. Intellectual Property

This section defines ownership rights for platform components and user content.

Platform Ownership

Virideed retains all rights to:

• Software and algorithms
• User interface designs
• Documentation and methodologies

6. Disclaimers

ViriSIM is provided "as is" without warranties of:

• Merchantability
• Fitness for particular purpose
• Non-infringement

7. Termination

These Terms remain effective until terminated by either party.

User Termination

You may terminate by:

• Using account deletion tools
• Submitting written notice
• Non-payment (after 30 days)

Company Termination

Virideed may immediately suspend or terminate for:

• Material breaches
• Illegal activities
• Security threats

8. Dispute Resolution

All claims shall be resolved through:

Binding Arbitration

Unresolved disputes will proceed to arbitration under AAA rules with:

• Proceedings in Delaware
• English language
• Confidential proceedings