ThaurusGuru Terms & Conditions

Welcome to ThaurusGuru!

These Terms & Conditions constitute a legally binding document, and it is important that You read them carefully.

THAURUSGURU IS AN EDUCATIONAL APPLICATION AS WELL AS IN INTRODUCING BROKER FOR THAURUS, A LICENSED INVESTMENT DEALER, THAT ALLOWS YOU TO IMPROVE YOURSELF, EDUCATE YOURSELF IN TRADING OR HELP YOURSELF BY THE USE OF SERVICES PROVIDED BY REFERENCE TO THAURUS.

THAURUSGURU APPLICATION USES ARTIFICIAL INTELLIGENCE ALSO TO PROVIDE YOU A FULL SERVICE OF DIFFERENT AREAS YOU CAN EDUCATE OR IMPROVE YOURSELF FROM THE AREA OF CARE ABOUT YOUR PHYSICAL OR MENTAL HEALTH THROUGH LEARNING OF DIFFERENT INDUSTRIES TO DIFFERENT PROFESSIONAL ASSISTING SERVICES.

IF YOU USE THAURUSGURU, WE WILL SEND YOUR INSTRUCTIONS AND SOME OTHER INFORMATION TO THIRD PARTIES PROVIDING SERVICES BASED ON ARTIFICIAL INTELLIGENCE OR MACHINE LEARNING IN ORDER TO OBTAIN THE CONTENT, SUGGESTION, OR OTHER OUTPUT FOR YOU. YOU ARE SOLELY RESPONSIBLE FOR SELECTING THE FILES WHICH YOU DECIDE TO SHARE WITH THESE PARTIES THROUGH USE THAURUSGURU AND FOR WHETHER THAT FILES CONTAINS ANY SENSITIVE OR OTHERWISE PROTECTED INFORMATION.

THE AI SERVICES CONNECTED TO THAURUSGURU ARE STILL IN THEIR EARLY STAGES OR HAVE AN EXPERIMENTAL CHARACTER, AND THE OUTPUTS MIGHT NOT ALWAYS BE CORRECT. YOU ARE RESPONSIBLE FOR EVALUATING WHETHER THE OUTPUTS ARE CORRECT AND FIT FOR YOUR PURPOSES. PLEASE NOTE THE DISCLAIMERS AND LIMITATIONS OF LIABILITY BELOW IN SECTIONS 7 AND 8, AS WELL AS THE INDEMNIFICATION PROVISIONS IN SECTION 6.

WITH YOUR ACCESS TO THE APP, YOU ARE GIVEN THE RIGHT TO ACCESS, USE, AND EVALUATE THAURUSGURU. WE RESERVE THE RIGHT TO CHANGE THE TERMS OF THE APP, DENY OR LIMIT ACCESS, OR END THE ACCESS THERETO AT ANY TIME.

You understand that by accepting these ThaurusGuru Terms & Conditions (by clicking the “I agree” or a similar button or by accessing or using ThaurusGuru), You enter into a legal agreement and agree to certain legal conditions for Yourself or for the legal entity that You represent.

By accepting these ThaurusGuru Terms & Conditions, You confirm that You understand them, agree to them, and are at least 15 years of age.

1. Introduction

These ThaurusGuru Terms & Conditions (“Terms“) describe how You can access and use ThaurusGuru and any trading services of Thaurus, the ThaurusGuru is an introducing broker or affiliate of (“Affiliate”).

Accepting these Terms creates a legal agreement between (1) Thaurus Ltd., a licensed Mauritius investment broker, having its registered seat at 8th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius, licensed No. GB22200432 (“Thaurus”). The introducing broker is (2) ThauTech s.r.o., a company registered in Slovakia with its registered office at Cernysevskeho 10, 85101 Bratislava, Slovak Republic (“ThaurusGuru“, “We“, or “Us“) and (3) you, either a legal entity or a natural person (“Customer” or “You“). ThaurusGuru, Thaurus and Customer may each also be referred to individually as a “Party” or jointly as the “Parties“.

If You accept these Terms on behalf of a legal entity, You confirm (‘represent and warrant’) that You are authorized to enter into agreements on behalf of that legal entity. If these Terms are accepted using an email address provided by a legal entity, We will regard (‘deem’) You as authorized to represent that legal entity. You must be able to enter into contracts (‘have capacity’).

Summary: Accepting these Terms creates a legal agreement between You and ThaurusGuru. There are legal implications to accepting these Terms.

2. Definitions

a) Special legal phrases

There are certain phrases that have an accepted meaning for lawyers. To ensure these Terms are clear and accessible, We have included the accepted ‘legal’ phrase in parentheses after the word to show that We intend it to have the accepted ‘legal’ meaning.

b) Definitions

There are also words or phrases in these Terms that have a particular defined meaning. When the word or phrase is used for the first time, it is defined and capitalized. These Terms also use the following definitions:

Affiliate” means ThaurusGuru that operates as an introducing broker for Thaurus, the licensed Investment Dealer and the only legal entity you will be positioning your trading instructions with. Affiliate or ThaurusGuru only informs about the non-licensed (paper trading) products of Thaurus on its website and operates and educational application and produces educational content.

AI Service” means an artificial intelligence or machine learning based service provided by ThaurusGuru directly or through a partnership with a third party, which is connected by Us into the ThaurusGuru.

Documentation” means the latest versions of all online ThaurusGuru technical documentation available at https://www.thaurusguru.com/ and any other relevant ThaurusGuru policy available on the ThaurusGuru Website that applies to ThaurusGuru.

Educational Application” means the application ThaurusGuru, which is focused on educational content, supported by AI intelligence, to supply the subscribers with information based on their request.

Input” means any instruction, source code snippet, text, or other information sent by You or Your Users through ThaurusGuru to an AI Service.

ThaurusGuru Account” means an account created by You at the website, enabling the administration of and/or access to ThaurusGuru.

ThaurusGuru Website” means the ThaurusGuru product website and any other website operated by Us.

ThaurusGuru” means the ThaurusGuru service known either as ThaurusGuru or under another product name presented by ThaurusGuru. ThaurusGuru includes (a) the hosted service, (b) downloadable files described in the Documentation, (c) the Documentation, (d) updates to ThaurusGuru, and (e) incorporated Third-Party Software.

Output” means the text or other information received as a response to the Input, which is generated by the AI Service(s) connected to ThaurusGuru.

Third-Party Software” means any third-party software program that is owned or licensed by someone other than Us and is described on the ThaurusGuru Website.

User” means any employee, independent contractor, or other individual who obtains access to ThaurusGuru from You (including, for the avoidance of doubt, Your Affiliates).

Your Data” means the source code processed in the ThaurusGuru product with which You use ThaurusGuru, information derived from the source code, and/or usage related information from the Users’ device submitted together with Input. When You send an Input to ThaurusGuru, the Input may be sent together with some of Your Data selected automatically by ThaurusGuru, necessary in order to understand the context in which You ask for an Output or to provide the Output.

Summary: Words starting with capital letters have special meanings. These words are defined in this section or wherever they are used for the first time in these Terms.

3. Rights and Responsibilities

a) Right to use ThaurusGuru Educational Application

You can use ThaurusGuru Educational application as long as You comply with these Terms and the Documentation. Subject to Your compliance with these Terms and the Documentation, ThaurusGuru grants You, for the duration of these Terms, a royalty-free, non-exclusive, revocable, conditional right to use ThaurusGuru as laid out in this Section and install any downloadable parts of ThaurusGuru to be used solely for this purpose.

ThaurusGuru reserves the right to limit your use of ThaurusGuru through quotas, rate limits, and other mechanisms published on the ThaurusGuru Website or in the Documentation.

b) Right to use ThaurusGuru Affiliate service

Besides the Educational Application, ThaurusGuru informs also about the proprietary trading service of Thaurus, an activity that serves on the basis of demo accounts (called also paper trading) where the clients can learn more how a trader acts and reacts on the markets to gain a knowledge about the behaviour and can decide with an informed understanding of the trading if they are willing to trade or rather not. ThaurusGuru does not introduce real trading, it promotes only educational content without any risks of losing money.

c) Your responsibilities

You are responsible for:

i) Users – creating and maintaining a ThaurusGuru Account and the permissions You grant to Your Users – including registering User accounts – and Your and Your Users’ actions and omissions while using ThaurusGuru. If You become aware that any User breaches these Terms, You must notify Us and immediately revoke that User’s access to ThaurusGuru;

ii) Confidentiality and security – keeping Your usernames, passwords, and access tokens confidential and secure, and making sure that Your Users do the same;

iii) Acceptable use – using ThaurusGuru in accordance with the Documentation and the ThaurusGuru policies (“ThaurusGuru Acceptable Use Policy“);

iv) Equipment – maintaining a suitable internet connection in order to access Your ThaurusGuru Account and ThaurusGuru and to receive any deliveries (all the deliveries under these Terms will be electronic). It is also Your responsibility to have access to any hardware and any third-party software needed to run ThaurusGuru, such as a connected ThaurusGuru product and a browser with compatible data security protocols;

v) Your Inputs and Your Data – managing all Inputs that You or Your Users submit to ThaurusGuru and deciding on which files containing Your Data will be accessible to ThaurusGuru by submitting the Inputs (including ensuring that it is legal for You and Your Users to make these submissions). You are also responsible for all legal consequences, such as claims, damages, losses, liabilities, costs, and expenses, that result from Your Inputs. If You become aware that any of Your Inputs breach these Terms or the rights of another person (‘third party’), You must notify Us without undue delay;

vi) Evaluation of Outputs – making sure that the Output received from ThaurusGuru is correct and can be used for Your purposes; and

vii) Compliance with laws – ensuring that You and Your Users use ThaurusGuru according to all applicable laws and governmental regulations.

c) Restrictions

You must not, and You must make sure Your Users do not:

i) Interfere – reverse-engineer, disassemble, or decompile all or part of ThaurusGuru, or try to derive the source code of ThaurusGuru in any way, unless applicable law allows it;

ii) Steal – modify all or part of the ThaurusGuru binaries, or modify, alter, tamper with, repair, or otherwise create derivative works of ThaurusGuru, unless We give You express permission;

iii) Transmit illegal data – use ThaurusGuru to upload, store, or share, or allow others to upload, store, or share (‘transmit’), any material that is criminal, offensive, defamatory, or otherwise unlawful or a tort, or that breaches the privacy or intellectual property rights of anyone else (‘third-party’). We have (‘reserve’) the right, but not the responsibility, to reject or remove any Inputs, suspend or ban any User, or close any User account that We believe (‘in ThaurusGuru sole discretion’) breaches these Terms, any other legal agreement with Us, or Our policies, or is otherwise illegal;

iv) Facilitate unauthorized access allow unauthorized access to ThaurusGuru, unless expressly permitted by these Terms;

v) Resell or distribute resell or otherwise provide ThaurusGuru or access to ThaurusGuru to any third party, except if We give You express permission; and

vi) Hack – utilize any procedures or tools to bypass ThaurusGuru security or utilize or allow ThaurusGuru to be utilized for the purpose of hacking, tunneling, or otherwise gaining unauthorized access to any computer or system.

More details are included in the ThaurusGuru Acceptable Use Policy.

Summary: You can use ThaurusGuru according to these Terms. Do not breach the restrictions outlined above, as they are an important part of this agreement, and do not alter the recommended settings.

4. Intellectual Property Rights and Ownership

a) We own ThaurusGuru

We own, or have the right to use, all the proprietary and intellectual property rights to ThaurusGuru. This includes all ThaurusGuru – related trade secrets, copyrights, trademarks, service marks, patents, other registered or unregistered intellectual property, and system-generated data. System-generated data includes aggregate anonymized data on how ThaurusGuru is used, system logs, metadata, registration and login data, and data required to provide support. These are Our rights (‘rights are reserved’) and the only rights that You have in relation to ThaurusGuru are those that are necessary for You to access and use ThaurusGuru in accordance with these Terms and the Documentation.

b) You own Your Inputs and Your Data

As between You and Us and to the extent permitted by applicable law, You own the Inputs and Your Data submitted together with Inputs to ThaurusGuru and keep all proprietary rights, including intellectual property rights to them.

Every time You submit an Input to ThaurusGuru, You confirm that You have the right to submit the Input together with Your Data and understand that You are doing so at Your own risk, and that You are solely responsible for this step and all consequences of its use in ThaurusGuru. You also indemnify Us from any liability relating to this Input and Your Data (see the ‘Indemnification’ Section).

c) Your rights to use Outputs

Subject to Your compliance with these Terms, ThaurusGuru hereby assigns to You all its right to, title to, and interest in the Output. You understand that the Output is a result of an AI Service and as such can be subject to third-party rights, including open-source licenses.

d) Feedback

You give Us the right to use, change (‘modify’), commercialize, and incorporate into ThaurusGuru any of Your ideas, suggestions, recommendations, proposals, or other feedback relating to ThaurusGuru. You cannot withdraw this permission after it is given (it is ‘irrevocable’) and it is perpetual. We are not required to pay a fee for this feedback (it is ‘royalty-free’), and We can transfer and give similar rights (‘sublicense’) to Your feedback to anyone else worldwide.

e) Third-Party Software

You understand that ThaurusGuru integrates Third-Party Software and that by using ThaurusGuru You might be using Third-Party Software.

5. Access to Inputs, Your Data and Outputs

a) Access control

If You use ThaurusGuru, Your Inputs and Outputs might be accessible to Us and visible to Your Users.

You give Us permission to access Your Inputs, Your Data and Outputs for the following purposes:

i) To provide You with the ThaurusGuru service – We can access and utilize Your Inputs, Your Data and Outputs for the purpose of providing You with the ThaurusGuru service;

ii) For security reasons – We can access Your Inputs, Your Data and Outputs if We have a good reason to (‘reasonably’) believe this access is required to maintain the ongoing confidentiality, integrity, availability, performance, and resilience of Our systems and ThaurusGuru; and

iii) If We are legally required – We have the right to access, review, and remove all or a part of Your or Your Users’ Inputs and Outputs if We have a good reason to (‘reasonably’) believe that the Input or Outputs breach the law or these Terms. You understand that there are laws that could require Us to disclose Your Inputs, Your Data and Outputs and, if these laws apply, We are obliged to comply with them.

b) Permission to handle Your Inputs and Your Data

If You use ThaurusGuru, You give (‘grant’) Us certain permissions (‘rights’) so that We can provide the ThaurusGuru service to You. Each of these permissions takes effect immediately when Your Input together with Your Data is submitted to ThaurusGuru. You understand that these permissions are necessary in order to use ThaurusGuru and You will not receive any payment for them.

You give Us permission to process your Inputs together with Your Data and to share them with the provider of the AI Service for the purpose of generating the Outputs. The providers of the AI Services are not authorized by Us to use Inputs or Your Data for their own business purposes, but the Inputs and Your Data may be monitored by them to prevent misuse or abuse of the AI Services and the Inputs and Your Data may be stored for a limited period for these purposes.

If You consent to detailed data collection as described in the Documentation, You also give Us permission to host, store, alter Your Inputs and Your Data in the AI, copy it to Our database, make backups, and analyze it on Our servers to understand the usage of ThaurusGuru and identify opportunities for its improvement. It does not permit Us to sell or otherwise transfer ownership of Your Inputs or Your Data to a third party, train any machine learning models that generate code, text, or another type of data from which Inputs Your Data and Outputs could be extracted, or reveal the Inputs or Your Data in any form to other users of ThaurusGuru.

Summary: You keep all rights to the Inputs. However, You grant Us certain rights with respect to this data so that We can provide ThaurusGuru and all its features to You.

6. Conditions for Proprietary Trading Challenges

By applying for our services, you affirm that you unconditionally accept our terms and conditions, are at least 18 years of age, a person with a sound mental capacity, and have thoroughly understood the contents of this agreement before agreeing to use our services. If you are a representative applying for or using our services on behalf of a business entity or individual, you affirm that you have the necessary authority to represent and bind the concerned party to this agreement without any exceptions.

You affirm that your engagement with us, whether as an individual trader or as a representative of another entity or individual, does not violate any laws of your country of citizenship.

You also affirm that you will comply with all applicable laws, regulations, treaties, statutes, and ordinances imposed by the relevant jurisdictions where you reside, and that your jurisdiction permits the use of our services without objection.

As a user of our services, you declare that you are not bound by any agreement with any party that prohibits you from using our services in accordance with these terms and conditions.

The company’s products and services or access to certain restricted parts of the website may be accessible only on payment through any of the payment methods as designated by the company; the price of whose are solely for the company to decide and the company is under no obligation to entertain any suggestion from any third party and that price determination is purely a matter of internal company policy.

The company holds the right to change the price anytime it deems suitable as per company’s pricing strategy. Purchase of the products and services may be facilitated on the company website or through other means such as white label affiliate. The company also may extend the scope of its services and introduce new products, and services to diversify its business; clients willing to access those products and services may need to subscribe to those on payments made through using any of the designated payment methods.

The products and services may come with their own terms of use and it is solely on clients to go through the terms of use of the products and/or services and that your purchase of any of the products and services is solely at your own discretion; the company in no way shall be responsible or accountable for any liability to any claims made by you with regard to usability, warranty, or guarantee of the purchased products and services.

The company shall make the products and their services available to you only after approval of the transactions made by you to purchase the products or services. The company holds no obligation to refund any amount to client if the client wishes to return the purchased products and services or discontinue to use any of the products and services for which the purchase has been made.

The company holds the right to ask for additional documents, and information for verification in case the purchasing client is categorized as belonging to ‘high risk’ by the accounts department and/or the payment processors; clients must oblige to any request for additional documents or information within 24 hours to avoid revocation of services accompanying the purchase and that delayed submission at a later date or time provides no guarantee of the restoration of the services.

Following the payment of respective fee, Customer will receive login data to the registered email address. After a successful activation, respective selected Challenge will be open for the Customer.

The Customer activates the Challenge by opening a first demo trade in the Platform. No trading activity (i.e. not a single demo trade open for sixty and more days in total) may result in the suspension of challenge without any claim for a refund.

Following the activation of respective challenge, the Customer shall meet respective conditions for challenge he/she opted for:

Conditions relevant to each challenge (regardless on challenge selected, following conditions are required to be met for each one):

Profit target of 10%

Daily Drawdown of 5%

Absolute (Maximum) drawdown at any time of 10%

Minimum traded days (each day at least a single trade open or closed) – 4 days

Leverage of 1:50

Trading period – limited by 60 absolute days of no trading activity (in total, not in a row)

Account balance shall depend on the challenge selected and fee as follows:

Challenge with a balance of $5,000 shall cost $69

Challenge with a balance of $10,000 shall cost $99

Challenge with a balance of $25,000 shall cost $240

Challenge with a balance of $50,000 shall cost $339

Challenge with a balance of $100,000 shall cost $529

Following a successful passing of challenge, the client shall have a claim for a real account, held under Thaurus, based purely on the Terms and Conditions of Thaurus Ltd. with respective revenue share split of 80/20 in favour of the Customer (i.e. any net profit (after the closing of each open position) shall be split in a way where the Customer has the right to receive 80% thereof and the broker 20% thereof.

7. Limited License

The license granted to you by the Company is limited, non-exclusive, non-transferable, non-sub licensable, and royalty-free, subject to the terms and conditions of this agreement. The Company reserves the right to revoke your license without prior notice.

Your continued use of our services is contingent upon your declaration and commitment not to aggregate our services or engage in any activities that would intrude upon or interfere with the exclusive ownership of the business and its services.

Continuation of the license also requires that you abstain from activities such as hacking, scraping, reverse-engineering, and crawling the Company’s website unless you have received explicit written consent from the Company.

You acknowledge that this limited license does not grant you any rights to the Company’s or third parties’ intellectual properties, including but not limited to technology, programs, trademarks, trade secrets, audio and video content, and website materials.

You affirm that your access to the Company’s services is constrained by all the clauses of this limited license and that these limitations are an integral part of this agreement, to which you fully agree and have no objections.

You understand, acknowledge, and accept the Company’s exclusive rights to impose any further limitations related to this limited license in the future and agree to comply with any such additional restrictions without objection.

8. Prohibited Use

As a signatory to this agreement, you expressly commit to not utilizing the Company’s services in any way that would constitute a breach or offense of any applicable law, regulation, rule, ordinance, statute, or treaty at any jurisdictional level, including local, regional, provincial, national, and international.

You also explicitly agree to refrain from any actions that would infringe upon the rights of the Company, its third-party providers, licensors, and suppliers. These rights encompass, but are not limited to, proprietary rights, intellectual property rights, privacy rights, publicity rights, and other personal rights.

The Company expressly forbids the use of the Website, including all its materials and contents, as well as the services, for any commercial purposes without prior authorization.

The Website and the services, as mentioned in the trademarks section, are exclusively owned by the Company, which retains all proprietary rights related to their ownership, upkeep, and commercial exploitation.

The software programs and technologies integrated into the Website are also the exclusive property of the Company. Therefore, you are prohibited from using these intellectual properties for your own benefit through any unfair methods, whether established or novel, known or unknown. Prohibited activities include, but are not limited to, crawling, aggregating, hacking, reverse engineering, re-engineering, or circumventing patented technologies to create derivative products.

Emails sent to you by the Company constitute business communications that may contain offers, discounts, payment notifications, or other business-related information. Forwarding these emails to third parties is strictly prohibited unless explicitly permitted by the Company.

Trading using an IP address other than the one used for registration and accessing the live funded account is strictly prohibited. Ensuring IP address consistency throughout different trading phases is crucial to verify that the same trader is conducting the trades.

Company closely monitors trading activities, and traders must use the same IP address to remain compliant with the platform’s policies.

Certain trading strategies and practices are deemed unfair and are strictly prohibited. These strategies contravene universal fair-trade practices and established trading principles and are applicable to both challenge and live accounts. Prohibited strategies include:

  • Manipulating or exploiting platform loopholes, including price quotes on the trading terminal provided by brokers.
  • Gathering or using confidential information belonging to the
  • Engaging in front-running of trades executed
  • Conducting trading practices that jeopardize the business relationship between the Company and its brokers. This includes any trading behavior that does not comply with the brokers’ rules.
  • Engaging in trading activities that do not align with the regulatory authorities governing the Company and its brokers.
  • Using third-party assistance to pass evaluations and gain access to the Company’s services. Employing such strategies constitutes a direct violation of this agreement.
  • Passing evaluation with one strategy and using a different strategy while trading on simulated accounts provided by the Company.
  • Utilizing multiple accounts to place contradictory trades on news days to exploit existing spreads. While the Company allows news trading, it imposes regulations to minimize market risks associated with such trading.

Be advised that the strategies listed above are not exhaustive but represent the most common infractions. The Company reserves the right to monitor your trading patterns across all your accounts. Any strategy or trading practice that does not align with the Company’s fair-trade policy will result in the termination of your account without any reimbursement.

Live funded traders at are strictly prohibited from engaging in the following trading activities:

  • Arbitrage Trading: Exploiting price discrepancies or glitches across different
  • High-Frequency Trading: Implementing trading strategies where the majority of trades last only a few seconds.
  • Bracketing Strategies: Setting pending orders around the time of high-impact news
  • Technology Interference: Using any external technology that interferes with the platform’s networking.
  • Exploitation of System Errors: Employing strategies that capitalize on system errors, such as inaccuracies in price displays or delays in updates.
  • External Data Feeds: Executing trades based on external data
  • Manipulative Trading: Engaging in trade manipulation alone or in collaboration with others, including trading between connected accounts or different entities, or by placing opposing trades simultaneously.
  • Unfair Technological Advantage: Utilizing any software, AI, ultra-high speed, or mass data entry techniques that manipulate or misuse the system, or provide an unfair trading advantage.
  • Gap Trading: Engaging in gap trading
  • Non-Standard Trading Practices: Executing trades in a manner inconsistent with standard practices in forex or other financial markets, or in ways that might financially or otherwise harm the service provider.
  • Exploiting Price Discrepancies: Taking advantage of price differences between the platform feed and other feeds.
  • Trade Coordination or Copy Trading: Coordinating trades or engaging in copy trading with other traders or accounts.
  • Prohibited Expert Advisors (EAs): Using Expert Advisors that engage in scalping during rollover periods, or using market or pending orders in this manner.

Additionally, using third-party Expert Advisors (EAs) carries risks. Prohibited activities include copying trades from other people’s signals, tick scalping, latency arbitrage trading, reverse arbitrage trading, hedge arbitrage trading, and using emulators. Accounts found using these types of EAs will face cancellation, with no refunds issued.

9. Indemnification

a) Indemnity

If there are any claims, damages, losses, liabilities, or fees and similar expenses, including fair (‘reasonable’) attorney fees, brought against Us or the providers of AI Services connected to ThaurusGuru that are related to any of the following claims (each of these is defined as a “Claim“):

i) Access and use of ThaurusGuru – Your or Your Users’ access or use of ThaurusGuru. This includes all activities related to Your ThaurusGuru Account and any actions taken by Your Users in relation to ThaurusGuru ;

ii) Breach of these Terms – the breach of these Terms (including the ThaurusGuru Acceptable Use Policy) by You or any of Your Users;

iii) Your Inputs and Outputs – Your Inputs and Outputs or the combination of Your Inputs and Outputs with other data, infrastructure, or processes. This includes any allegation that Your Inputs and Outputs, or their use, development, design, production, advertising, or marketing, infringe upon the rights of someone else (a ‘third party’), or that You have illegally or without permission claimed someone else’s rights; or

iv) Disagreements – disagreement between You, or any of Your Users, and another person;

then You agree to indemnify, defend, and hold Us and Our owners, directors, employees, agents, and representatives harmless, and to indemnify, defend, and hold Our affiliates or the providers of AI Services and their owners, directors, employees, agents, and representatives harmless, from any and all Claims.

b) Indemnity claims

We will let You know if someone makes a Claim. If We fail to let You know quickly, then that failure will only affect Your obligation to indemnify Us to the extent that Our failure to inform You quickly adversely affected Your ability to defend Us against the Claim. When You are defending Us against the Claim, You can choose Your own lawyer, with Our written permission. If You have Our written permission, You can resolve (‘settle’) the Claim as You decide (‘at Your discretion’). However, We can take full control of Your defense and settlement at any time.

10. IMPORTANT – YOUR RISK AND OUR DISCLAIMERS

(RISK) THAURUSGURU AND ANY THAURUSGURU SUPPORT IS PROVIDED ON AN ‘AS IS’ AND ‘AS AVAILABLE’ BASIS. YOU ACCESS AND USE THAURUSGURU AT YOUR OWN RISK.

(WARRANTIES & REPRESENTATIONS) EXCEPT AS EXPRESSLY SET OUT IN THESE TERMS, WE MAKE NO REPRESENTATIONS AND GIVE NO WARRANTIES IN RELATION TO THAURUSGURU – EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. THIS INCLUDES WARRANTIES THAT THAURUSGURU WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF HARMFUL COMPONENTS, AS WELL AS WARRANTIES THAT YOUR CONTENT WILL BE SECURE OR NOT OTHERWISE LOST OR DAMAGED.

WE ALSO DENY (‘DISCLAIM’) ALL WARRANTIES. THIS INCLUDES ANY IMPLIED WARRANTIES OF MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT AND ANY WARRANTIES ARISING OUT OF ANY COURSE OF DEALING OR USAGE OF TRADE.

THIS DISCLAIMER DOES NOT APPLY TO REPRESENTATIONS AND WARRANTIES THAT CANNOT BE EXCLUDED BY LAW.

(SECURITY) IT IS YOUR RESPONSIBILITY TO IMPLEMENT REASONABLE AND APPROPRIATE MEASURES TO ENSURE THE SECURITY OF YOUR ACCESS TO AND USE OF THAURUSGURU. IF YOU BECOME AWARE OF ANY VULNERABILITIES IN THAURUSGURU, YOU SHOULD REPORT THEM TO THAURUSGURU WITHOUT UNDUE DELAY.

11. IMPORTANT – LIMITATION OF OUR LIABILITY

(TYPES OF DAMAGES) WE WILL NOT BE LIABLE TO YOU OR ANY OF YOUR USERS FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES. THIS INCLUDES DAMAGES FOR LOSS OF PROFITS, GOODWILL, OR DATA, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

(CIRCUMSTANCES OF LOSS) WE WILL NOT BE LIABLE FOR ANY COMPENSATION, REIMBURSEMENT, OR DAMAGES ARISING IN CONNECTION WITH:

a) YOUR OR YOUR USERS’ INABILITY TO USE THAURUSGURU, INCLUDING AS A RESULT OF THE CANCELLATION OF THESE TERMS;

b) OUR DECISION TO NO LONGER PROVIDE THAURUSGURU FOR BUSINESS, ECONOMIC, LEGAL, OR REGULATORY REASONS;

c) YOUR HAVING MADE THAURUSGURU AVAILABLE TO YOUR USERS;

d) YOUR USE OF THAURUSGURU BEING CONTRARY TO OR INCONSISTENT WITH THE DOCUMENTATION;

e) THE COST OF PROVIDING A SUBSTITUTE FOR THAURUSGURU;

f) ANY UNANTICIPATED OR UNSCHEDULED UNAVAILABILITY OF THAURUSGURU OR A PART OF IT FOR ANY REASON, INCLUDING AS A RESULT OF POWER OUTAGES, SYSTEM FAILURES, OR OTHER INTERRUPTIONS;

g) ANY INVESTMENTS, EXPENSES, OR COMMITMENTS THAT YOU OR A MEMBER MAKE RELATING TO THESE TERMS OR YOUR ACCESS TO OR USE OF THAURUSGURU; OR

i) ANY MODIFICATION, DELETION, DESTRUCTION, DAMAGE, LOSS, OR FAILURE TO STORE ANY OF YOUR DATA CAUSED BY YOU OR YOUR USERS.

(MAXIMUM LIABILITY) OUR MAXIMUM, OVERALL (‘AGGREGATE’) LIABILITY RELATING TO THESE TERMS IS LIMITED TO THE GREATER OF FIVE (5) US DOLLARS OR THE AMOUNT THAT YOU ACTUALLY PAID TO US FOR THAURUSGURU IN THE SIX (6) MONTHS BEFORE YOU CLAIMED THAT WE WERE LIABLE. THE MAXIMUM LIABILITY APPLIES EVEN IF WE WERE ADVISED THAT LIABILITY COULD EXCEED THE MAXIMUM LIABILITY AMOUNT OR EVEN IF THE LEGAL BASIS (I.E. TORT, BREACH OF CONTRACT, EQUITY, OR A SIMILAR BASIS) FOR A REMEDY IS INVALID.

12. Temporary Suspension

We can immediately suspend Your right to use all or part of ThaurusGuru if We have a good reason to (‘reasonably’) believe that:

i) Threats – Your use of ThaurusGuru might adversely impact or pose a security, privacy, or legal risk to ThaurusGuru or any of its parts, Us, or another person (‘third party’);

ii) Breach of terms You breached these Terms, applicable law, Our policies, or someone else’s rights.

We will make a reasonable effort to let You know of a suspension. Suspensions are temporary, but if the reasons for suspension are not resolved.

13. Term and Termination

These Terms will commence upon their acceptance, as set out in the preamble above, and will continue through the period of your use, determined by ThaurusGuru.

You may terminate these Terms at any time by ceasing all use of ThaurusGuru, unless otherwise specified in the Documentation. However, in such case, any payments made for the products are non-refundable.

We may terminate these Terms immediately at any time for convenience. ThaurusGuru may notify You of any such termination by posting the information on the ThaurusGuru Website or by sending an email to the email address You provided.

Upon expiration or termination of these Terms by You under this Section, Sections 4(d), 4(e), 6, 7, 8, and 14 of these Terms will remain in effect.

14. Notices

a) Notices by You

If You are required under these Terms to notify Us (‘give notice’) of anything, You may do so:

i) by sending an email to [email protected]. Any time period starts on the next business day after You send the email; Any technical issues related to proprietary trading shall be sent to [email protected].

ii) by courier delivery of a letter marked for the attention of the ‘Legal Department’ at the physical address published on the ThaurusGuru Website. Any time period starts five (5) business days from when You send the letter; and

iii) by registered post, marked for the attention of the Legal Department at the address displayed on the ThaurusGuru Website. Any time period starts ten (10) business days from when You send the letter.

b) Notices by Us

If We are required under these Terms to notify You (‘give notice’) of anything, We may do so:

i) by posting the information on the ThaurusGuru Website. Any time period starts on the day specified on the ThaurusGuru Website;

ii) by sending an email to the email address registered in Your ThaurusGuru Account. Any time period starts on the next business day after We send the email.

It is Your responsibility to check the ThaurusGuru Website for any changes and make sure that Your email address is up to date in Our records.

15. General Provisions

a) These Terms and their Parties

These Terms together with the order accepted by Us form the entire agreement and replace any previous agreement between You and Us in relation to its subject matter. By accepting these Terms, You agree to use and ensure that Your Users will use the ThaurusGuru in accordance with the ThaurusGuru Acceptable Use Policy, available at https://www.thaurusguru.com/. Except as expressly mentioned, these Terms do not apply or give rights to anyone else (‘no third-party beneficiaries’).

b) Personal Data and usage statistics

Any information directly or indirectly identifying an individual or other data protected under an applicable law as personal data (“Personal Data“), that We will process on Your behalf in connection with these Terms, will be processed in accordance with the Privacy Policy available at http://www. thaurusguru.com/.

c) Governing law and disputes

These terms are governed by the laws of Slovakia, without reference to conflict of laws principles, and specifically excluding the United Nations Convention on Contracts for the International Sale of Goods. The Parties to these terms undertake to use the best commercial efforts to amicably settle any disputes arising hereunder (“Dispute“).

Terms related to the proprietary products ThaurusGuru presents are governed by the laws of Mauritius and operated by Thaurus through its website www.thaurus.com and terms: https://thaurus.com/wp-content/uploads/2024/09/Terms-and-Conditions-Thaurus-August-2024.pdf

d) Force majeure

We will not be responsible (‘liable’) for any delay or failure to perform any obligation under these Terms where the delay or failure results from any cause beyond Our reasonable control. This includes any ‘acts of God’, labor disputes or other industrial disturbances, systemic electrical, telecommunications, or other utility failures, public health emergencies, earthquakes, storms or other elements of nature, blockages, embargoes, riots, acts or orders of government, acts of terrorism, or war.

e) Severability

If a court finds that any part of, or word in, these Terms is not enforceable, that part or word will not affect the enforceability of the rest of these Terms.

f) Interpretation

Any heading, title, or paragraph summary is only for convenience and does not affect the interpretation of these Terms. Any instance of an inclusive word, such as ‘including’, is not comprehensive and refers to other items in that category. References to time or periods of time are determined in reference to Central European Time.

g) Waiver

Any waiver of Our rights under these Terms must be in writing and signed by Us.

h) Changes to Terms and policies

These Terms can be updated from time to time, to reflect changes in ThaurusGuru and how it is offered to You. If this happens, We will update the terms on the ThaurusGuru Website and let You know either by:

i) Displaying them to You in ThaurusGuru ;

ii) Displaying them in Your ThaurusGuru Account; or

iii) Sending the updated version to the email address used in Your ThaurusGuru Account.

Any updated Terms will start (‘come into effect’) on the date specified in the updated Terms. By continuing to use ThaurusGuru after the effective date, You agree to be bound by the modified Terms.

i) Relationship

Your relationship with ThaurusGuru is that of independent parties. These Terms do not create a partnership, franchise, joint venture, agency, fiduciary, employment, or any other type of relationship.

j) Contract review

By agreeing to these Terms, You are confirming to Us that:

  • You have had sufficient opportunity to read, review, and consider these Terms;
  • You understand the content of each paragraph of these Terms; and
  • You have had sufficient opportunity to seek independent professional legal advice.

This means that, to the extent permitted by applicable law, any statutory provisions relating to so-called ‘form’ or ‘adhesion’ contracts do not apply to these Terms.