AI Terms

Effective starting on 23 April 2026.


These Fundwave AI Terms (these “Terms”) supplement the Fundwave Terms of Service, or another agreement entered between Customer and Fundwave (the “Agreement”) and apply to generative artificial intelligence features Fundwave makes available to customers as part of certain Cloud Products or plans or as standalone Cloud Products (the “AI Offerings”). These Terms control in the event of a conflict with the Agreement. Capitalized terms used and not defined in these Terms have the meanings given to them in the Agreement.


1. Identifying AI Offerings

Fundwave must identify AI Offerings in product (for instance, as “Uses AI”) or in Documentation.


2. Input and Output

2.1 Fundwave Obligations.The AI Offerings provide Output in response to Input. Input and Output are Your Data under the Agreement. Fundwave must not permit its third-party subprocessors to use Input or Output to train or improve their models.

2.2. Additional Customer Obligations, Restrictions and Disclaimers.

(a) Output Use and Assessment. Customer is responsible for its use of Output, including determining whether Output is appropriate for that use.

(b) Restrictions. Customer must not (and must not permit anyone else to): (i) provide Input that either violates third-party rights or Law or is intended, or would reasonably be expected, to generate Output that does so; (ii) provide Input that includes Personal Data of children under 13 or any age of digital consent under Law; (iii) use Output in a manner that Customer knows, or reasonably should know, violates third-party rights or Law; or (iv) represent that Output is human generated or approved or endorsed by Fundwave or its subprocessors.

(c) Disclaimers. Output is generated by artificial intelligence, including by using technology provided by third-party subprocessors. Fundwave makes no warranty as to the accuracy, completeness or reliability of Output or that it does not violate third-party rights or Law. Due to the nature of the AI Offerings, (i) Output may not be unique or exclusive to Customer and its Users, (ii) the same or similar Input may yield differing Output, and (iii) Output does not represent Fundwave’s or its subprocessors’ views.


3. Agents

3.1 In General. Agents are AI Offerings that Users may direct to take certain actions on behalf of Customer (“Agents”). These actions are not Output. Agents may be created by Customer, provided by Fundwave, or provided by third parties as Third-Party Products.

3.2 Additional Customer Obligations and Restrictions. Customer is responsible for its use of Agents, including determining whether any actions Agents may take are appropriate for that use and appropriately supervising such actions. Customer must not use Agents in a manner that either violates third-party rights or Law or is intended, or would reasonably be expected, to do so.


4. Output Indemnification

4.1. Indemnification. Fundwave will defend Customer from and against any third-party claim to the extent alleging that Output of the AI Offerings, when used by Customer as authorized by the Agreement, directly infringes any copyright of a third party (an “Output Claim”) and indemnify and hold harmless Customer against any damages, fines or costs finally awarded by a court of competent jurisdiction (including reasonable attorneys’ fees) or agreed in settlement by Fundwave resulting from an Output Claim, except to the extent an Output Claim arises from: (i) Customer’s breach of the Agreement (which includes the Acceptable Use Policy); (ii) Customer’s modification of Output; (iii) use of Output in combination with items not provided by Fundwave (including Third-Party Products); (iv) Output that Customer knew, or reasonably should have known, was likely to violate the third-party rights or Laws that are the subject of the Output Claim; (v) any use of Output after Fundwave has instructed Customer to cease use or after Customer has received notice of alleged infringement; (vi) Third-Party Products or their output; or (vii) Input, other non-Output Your Data or Your Materials.

4.2 Procedures, Settlement and Mitigation. Fundwave's obligations in Section 4.1 (Indemnification) are subject to the same procedures, settlement conditions and mitigations as specified in the “Indemnification by Fundwave (or similar) section of the Agreement.

4.3. Limitation of Liability and Exclusive Remedy. To the maximum extent permitted by Law, Fundwave's entire liability arising out of or related to all Output Claims will not exceed the amounts paid to Fundwave for the Cloud Products from which the Output was generated during the twelve (12) months preceding the first event out of which an Output Claim arose. This Section 4 sets out Customer’s exclusive remedy and Fundwave's entire liability regarding Output.


5. Definitions

"Input" means any input (for instance, textual, audiovisual or other content) Customer or a User provides or makes available to an AI Offering.

“Output” means any output (for instance, textual, audiovisual or other content) generated and returned to Customer or a User by an AI Offering based on Input.