Disclaimer, Limitation of Liability, and Terms of Use

Effective Date: March 11, 2026  |  Last Updated: March 11, 2026

By accessing, receiving, reviewing, downloading, or otherwise using any Rathvane website, portal, intelligence product, analysis, deliverable, or related material, you acknowledge that you have read, understood, and agree to be bound by all terms set forth in this Disclaimer, Limitation of Liability, and Terms of Use (collectively, “Disclaimer”). If you do not agree, you must immediately cease all access and use.

1. Nature of Services and Deliverables

All competitive intelligence products, strategic analyses, battlecards, benchmarking documents, go-to-market plans, pricing strategies, brand positioning studies, sales playbooks, fundraising assessments, growth assessments, market landscape analyses, dossiers, strategic recommendations, data visualizations, interactive microsites, downloadable PDF deliverables, and any other materials produced, published, or distributed by Rathvane, Inc. (“Rathvane,” “we,” “us,” or “our”), whether delivered electronically, in print, or via any digital platform (collectively, “Deliverables”), are provided solely for general informational and internal strategic planning purposes.

Deliverables are designed to support, but never replace, your internal decision-making process. Deliverables do not constitute and shall not be construed as legal advice, financial advice, investment advice, tax advice, accounting advice, regulatory advice, valuation, fairness opinion, actuarial advice, medical advice, or any other form of professional counsel or regulated advice.

Rathvane is an expert intelligence platform. Rathvane is not a law firm, a registered investment advisor, a broker-dealer, a certified public accounting firm, an actuarial firm, a licensed professional services provider in any regulated discipline, or a fiduciary of any kind. No Deliverable should be interpreted as a recommendation to take or refrain from taking any specific business action, make any investment, enter into or terminate any contract, commence or settle any litigation, hire or terminate any personnel, or pursue any particular strategic course. You are solely responsible for obtaining independent professional advice from qualified, licensed professionals before acting on any information contained in any Deliverable.

2. No Advisory, Fiduciary, or Professional Relationship

Receipt, review, access to, or use of any Rathvane Deliverable, website, portal, or communication does not create an advisory, fiduciary, agency, attorney-client, accountant-client, consultant-client, partnership, joint venture, employment, or any other professional relationship between Rathvane and you, your organization, or any third party. No such relationship shall be implied or inferred from any interaction, payment, communication, or course of dealing.

All business decisions, strategies, and actions undertaken by you or your organization based in whole or in part on Rathvane Deliverables are made at your sole discretion, sole judgment, and sole risk. Rathvane assumes no responsibility, duty of care, or obligation for any consequences, outcomes, losses, or damages that result, directly or indirectly, from any action or inaction taken by you or any other person or entity based on, informed by, or derived from Rathvane Deliverables.

3. Use of Artificial Intelligence and Expert Systems

Rathvane’s platform utilizes artificial intelligence, machine learning, large language models, expert systems, and other computational methodologies in the research, analysis, synthesis, and production of Deliverables. While these systems encode recognized analytical frameworks, methodologies, and best practices from published academic, business, and professional literature, you acknowledge and agree that:

(a) AI-generated and AI-assisted content may contain errors, inaccuracies, omissions, hallucinations, or outdated information;

(b) No AI system, regardless of sophistication, can replicate or substitute for human professional judgment, domain expertise, or the advice of qualified licensed professionals;

(c) All AI-assisted analysis is subject to the limitations inherent in the data available at the time of generation, the models employed, and the assumptions applied;

(d) Rathvane does not warrant that any AI or expert system methodology will produce accurate, complete, reliable, or suitable results for any particular purpose;

(e) The mention of named practitioners, thought leaders, academics, or professionals in connection with Rathvane’s methodologies indicates that published frameworks have been encoded into our systems; it does not imply endorsement by, affiliation with, employment of, or any relationship with those individuals or their institutions.

4. Sources, Methodology, and Verification Limits

All information contained in Rathvane Deliverables is gathered from publicly available sources, including but not limited to: Securities and Exchange Commission filings, earnings call transcripts, published financial reports, annual reports, press releases, industry and trade publications, publicly available interviews, conference presentations, patent and trademark filings, regulatory filings, government databases, academic publications, news media, company websites, and other lawfully obtained information in the public domain.

Rathvane may also incorporate information provided directly by the client, third-party data providers, and syndicated research sources. Rathvane has not independently verified and does not independently verify all information from these sources. Rathvane makes no representation or warranty regarding the accuracy, completeness, reliability, timeliness, or suitability of any information obtained from third-party sources, client-provided data, or public records.

Rathvane does not engage in, condone, or facilitate corporate espionage, industrial espionage, the acquisition of trade secrets, the acquisition of confidential proprietary information, or the use of misrepresentation, false pretenses, pretexting, social engineering, unauthorized access, or any method that violates applicable law. Rathvane adheres to the ethical standards established by the Strategic and Competitive Intelligence Professionals (SCIP) code of ethics and all applicable federal, state, and international laws governing the collection and use of competitive intelligence, including the Economic Espionage Act of 1996 (18 U.S.C. Sections 1831–1839) and the Defend Trade Secrets Act of 2016.

5. No Warranty; “As Is” Basis

RATHVANE DELIVERABLES, WEBSITES, PORTALS, AND ALL CONTENT AND FUNCTIONALITY ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS, IMPLIED, OR STATUTORY. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, RATHVANE EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO:

(a) THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT;

(b) ANY WARRANTY THAT DELIVERABLES WILL BE ACCURATE, COMPLETE, RELIABLE, CURRENT, ERROR-FREE, OR UNINTERRUPTED;

(c) ANY WARRANTY THAT DELIVERABLES WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS;

(d) ANY WARRANTY THAT DEFECTS WILL BE CORRECTED OR THAT CONTENT WILL BE UPDATED;

(e) ANY WARRANTY REGARDING THE RESULTS OBTAINED FROM THE USE OF ANY DELIVERABLE.

COMPETITIVE LANDSCAPES, MARKET CONDITIONS, FINANCIAL PERFORMANCE, CORPORATE STRATEGIES, EXECUTIVE PERSONNEL, TECHNOLOGY TRENDS, REGULATORY ENVIRONMENTS, AND INDUSTRY DYNAMICS ARE SUBJECT TO RAPID AND UNPREDICTABLE CHANGE. INFORMATION THAT IS ACCURATE AT THE TIME OF DELIVERY MAY BECOME OUTDATED, INCOMPLETE, OR INACCURATE AT ANY SUBSEQUENT TIME WITHOUT NOTICE. RATHVANE UNDERTAKES NO OBLIGATION TO UPDATE ANY DELIVERABLE AFTER DELIVERY.

6. No Guarantee of Results

Rathvane makes no guarantee, representation, or warranty that any Deliverable will produce any specific business outcome, competitive advantage, revenue increase, cost reduction, market share gain, customer acquisition, operational improvement, or any other measurable or immeasurable result. Past performance of Rathvane’s methodologies, frameworks, expert systems, or prior deliverables does not guarantee future results.

The effectiveness of competitive intelligence, strategic analysis, and business recommendations depends on numerous factors entirely beyond Rathvane’s control, including but not limited to: your internal execution capabilities, management decisions, employee performance, organizational culture, available resources, market conditions, competitor actions and reactions, regulatory changes, macroeconomic factors, geopolitical events, technological disruption, consumer behavior, acts of God, and force majeure events. It is unreasonable for any party to rely on any Deliverable as a predictor of any specific outcome.

7. Forward-Looking Statements

Deliverables may contain projections, forecasts, scenarios, estimates, predictions, models, hypotheses, and other forward-looking statements. These forward-looking statements are based on assumptions, estimates, and analytical models that involve significant uncertainty. Forward-looking statements are inherently speculative, are not guarantees of future performance or outcomes, and should not be relied upon as predictions of actual results. Actual outcomes may differ materially from any projections presented. Rathvane assumes no obligation to update, revise, or correct any forward-looking statement for any reason.

8. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, RATHVANE’S TOTAL AGGREGATE LIABILITY TO YOU OR ANY THIRD PARTY FOR ANY AND ALL CLAIMS ARISING OUT OF OR RELATED TO RATHVANE DELIVERABLES, WEBSITES, PORTALS, SERVICES, OR THIS DISCLAIMER, WHETHER BASED IN CONTRACT, TORT (INCLUDING NEGLIGENCE AND STRICT LIABILITY), STATUTE, OR ANY OTHER LEGAL OR EQUITABLE THEORY, SHALL NOT EXCEED THE LESSER OF: (A) THE TOTAL AMOUNT OF FEES ACTUALLY PAID BY YOU TO RATHVANE UNDER THE APPLICABLE ENGAGEMENT DURING THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY, OR (B) ONE THOUSAND U.S. DOLLARS ($1,000).

IN NO EVENT SHALL RATHVANE, ITS FOUNDERS, OFFICERS, DIRECTORS, MEMBERS, MANAGERS, EMPLOYEES, AGENTS, CONTRACTORS, SUBCONTRACTORS, LICENSORS, DATA PROVIDERS, TECHNOLOGY PROVIDERS, OR AFFILIATES (COLLECTIVELY, “RATHVANE PARTIES”) BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO:

REGARDLESS OF THE CAUSE OF ACTION, THE THEORY OF LIABILITY, OR WHETHER RATHVANE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATIONS OR EXCLUSIONS MAY NOT APPLY TO YOU. IN SUCH JURISDICTIONS, THE LIABILITY OF RATHVANE PARTIES SHALL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

IF YOU ARE A CALIFORNIA RESIDENT, YOU HEREBY WAIVE CALIFORNIA CIVIL CODE SECTION 1542, WHICH PROVIDES: “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY.”

9. Third-Party Reliance

Rathvane Deliverables are prepared solely for the use of the client or authorized recipient identified in the applicable engagement, subscription, or access grant. No third party is entitled to rely on any Rathvane Deliverable for any purpose. No person or entity acquires any rights by virtue of receiving, reviewing, or accessing any Deliverable.

Rathvane assumes no duty of care, fiduciary obligation, or liability to any third party that receives, reviews, accesses, or otherwise obtains any Deliverable, whether with or without the client’s authorization, whether directly or indirectly, and whether intentionally or unintentionally. Any third party that accesses a Deliverable does so entirely at its own risk.

10. Non-Endorsement and Independence

References to any company, product, service, brand, individual, or organization in any Rathvane Deliverable are made solely for analytical and informational purposes. Such references do not constitute or imply endorsement, sponsorship, affiliation, recommendation, or approval by Rathvane or by the referenced entity.

Unless expressly stated otherwise, Rathvane’s analytical work is produced independently and is not commissioned, sponsored, funded, directed, reviewed, or approved by any company, individual, or organization analyzed or referenced in the Deliverable. The inclusion of any entity in a competitive analysis, market landscape, benchmarking study, or similar analytical product does not imply that entity’s involvement in, awareness of, or consent to the analysis.

All third-party trademarks, service marks, trade names, and logos referenced in Rathvane Deliverables belong to their respective owners. Use of such marks is solely for identification and analytical purposes and does not imply any relationship with or endorsement by the trademark holder.

11. Intellectual Property

All Rathvane Deliverables, including all analytical frameworks, methodologies, expert systems, intelligence-product structures, templates, scoring systems, rating frameworks, visualizations, software, algorithms, processes, and proprietary know-how (collectively, “Rathvane IP”), are and shall remain the exclusive intellectual property of Rathvane, Inc. All rights not expressly granted are reserved.

Deliverables are licensed to the client for internal use only, unless a separately executed written agreement provides otherwise. No Deliverable, or any portion thereof, may be reproduced, distributed, published, publicly displayed, transmitted, disclosed to third parties, reverse-engineered, used to train any artificial intelligence or machine learning system, incorporated into any database or information system, or used for any purpose other than the client’s internal strategic planning, without the prior written consent of Rathvane.

You may not access, search, collect, mine, scrape, or extract data from Rathvane websites, portals, or Deliverables by any automated means (including bots, crawlers, scrapers, or similar technologies) or for the purpose of training, fine-tuning, grounding, or otherwise developing any machine learning or artificial intelligence system, without Rathvane’s express written permission.

Unauthorized reproduction, distribution, or use of Rathvane Deliverables or Rathvane IP may result in civil and criminal penalties under applicable intellectual property laws, including the U.S. Copyright Act (17 U.S.C. Sections 101 et seq.) and the Digital Millennium Copyright Act.

12. Confidentiality

Deliverables marked as confidential, proprietary, or otherwise designated for restricted distribution contain confidential and proprietary information. You agree to maintain the confidentiality of all such Deliverables and to restrict access to authorized personnel within your organization who have a legitimate business need to review them.

If you are evaluating Rathvane’s services and elect not to proceed with an engagement, all Deliverables provided during any evaluation or trial period must be returned or destroyed, and you shall confirm destruction upon request.

Notwithstanding the foregoing, this Section does not apply to information that: (a) is or becomes publicly available through no fault of yours; (b) was already in your possession prior to receipt from Rathvane; (c) is independently developed by you without use of or reference to Rathvane Deliverables; or (d) is required to be disclosed by law, regulation, or court order, provided you give Rathvane prompt written notice to the extent legally permitted.

13. Subscription and Recurring Access

If you access Deliverables through a subscription or recurring intelligence program, you acknowledge that:

(a) Deliverables are current only as of their stated date of preparation and may not reflect developments occurring after that date;

(b) Rathvane may update, supplement, supersede, or withdraw any Deliverable at any time, including making corrections to previously published content;

(c) Previous versions of a Deliverable remain subject to all terms of this Disclaimer, including the absence of warranties and limitations of liability, regardless of subsequent updates;

(d) Access to historical or archived Deliverables does not imply that such content remains current, accurate, or reliable;

(e) Rathvane reserves the right to modify subscription terms, access levels, intelligence-product scope, and delivery frequency with reasonable notice.

14. Indemnification

You agree to indemnify, defend, and hold harmless Rathvane Parties from and against any and all claims, demands, actions, suits, proceedings, liabilities, damages, losses, costs, and expenses (including reasonable attorneys’ fees, expert witness fees, and court costs) arising out of or related to:

(a) Your use of, reliance on, or distribution of any Rathvane Deliverable;

(b) Any business decision, strategy, or action taken or not taken by you or any third party based in whole or in part on information contained in any Deliverable;

(c) Any breach by you of the terms of this Disclaimer;

(d) Any claim by a third party arising from your use, reproduction, distribution, or disclosure of any Deliverable;

(e) Any claim that your use of a Deliverable infringed or violated any third party’s rights.

Rathvane reserves the right, at its own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you.

15. Cookies, Sessions, and Data Collection

Rathvane’s client portal uses a session cookie to authenticate your identity and maintain your logged-in session for up to twenty-four (24) hours. This cookie contains a cryptographic hash; it does not store your password, PIN, email address, or any personally identifiable information in readable form.

We may collect and log access data including: IP addresses, timestamps of access, email addresses provided at login, pages viewed, and browser/device information. This information is used solely for security monitoring, access auditing, and platform improvement.

By logging in to any Rathvane portal or website, you consent to the use of this session cookie and the collection of access data as described herein.

16. Website and Portal Terms of Use

Your access to and use of Rathvane websites and portals is subject to this Disclaimer and all applicable laws. By accessing and using any Rathvane website or portal, you accept these terms without limitation or qualification. If you do not agree, do not use the site.

Rathvane reserves the right to: (a) change, modify, add, or remove portions of this Disclaimer at any time without prior notice; (b) restrict, suspend, or terminate your access to all or any part of any website or portal at any time, for any reason, without prior notice or liability; (c) change, suspend, or discontinue any aspect of any website or portal at any time without prior notice or liability.

You may not use any Rathvane website, portal, or Deliverable for any unlawful purpose, to transmit harmful code, to interfere with site functionality, to impersonate any person or entity, or to engage in any activity that could damage, disable, overburden, or impair any Rathvane system.

17. Governing Law and Dispute Resolution

This Disclaimer shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflict of laws principles.

Any dispute, controversy, or claim arising out of or relating to this Disclaimer, any Rathvane Deliverable, or any Rathvane service, including the determination of the scope or applicability of this agreement to arbitrate, shall be resolved exclusively through final and binding arbitration administered by JAMS in Orange County, California, in accordance with its Comprehensive Arbitration Rules and Procedures then in effect.

The arbitration shall be conducted before a single arbitrator. The language of arbitration shall be English. The arbitrator’s decision shall be final and binding and may be entered as a judgment in any court of competent jurisdiction. The prevailing party shall be entitled to recover its reasonable attorneys’ fees, expert witness fees, and costs.

YOU AND RATHVANE EACH WAIVE ANY RIGHT TO A JURY TRIAL AND ANY RIGHT TO PARTICIPATE IN A CLASS ACTION, COLLECTIVE ACTION, PRIVATE ATTORNEY GENERAL ACTION, OR OTHER REPRESENTATIVE PROCEEDING. ALL CLAIMS MUST BE BROUGHT IN THE PARTIES’ INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, OR REPRESENTATIVE PROCEEDING.

18. DMCA and Intellectual Property Claims

If you believe that your copyrighted work or intellectual property right has been infringed by any content on a Rathvane website, portal, or Deliverable, please submit a written notice to: Legal Department, Rathvane, Inc., containing: (a) identification of the copyrighted work or intellectual property right claimed to have been infringed; (b) identification of the allegedly infringing material; (c) your name, address, telephone number, and email address; (d) a statement that you have a good faith belief that the use is not authorized by the owner, its agent, or the law; (e) a statement, under penalty of perjury, that the information in the notification is accurate and that you are authorized to act on behalf of the owner; and (f) your physical or electronic signature.

19. International Use

Rathvane makes no representation that Deliverables, websites, or portals are appropriate or available for use in any particular jurisdiction. If you access Rathvane materials from outside the United States, you do so at your own risk and are solely responsible for compliance with all applicable local, national, and international laws and regulations, including export controls and sanctions.

20. Severability

If any provision of this Disclaimer is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction or arbitrator, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving the parties’ original intent.

21. No Waiver

No failure or delay by Rathvane in exercising any right, power, or remedy under this Disclaimer shall operate as a waiver thereof. No single or partial exercise of any right shall preclude any further exercise of that right or any other right.

22. Entire Understanding

This Disclaimer applies to all Rathvane Deliverables, websites, portals, and services unless expressly superseded by a separately executed written agreement between Rathvane and the client. In the event of any conflict between this Disclaimer and a separately executed and signed agreement, the terms of the signed agreement shall control to the extent of the conflict. In the absence of such a signed agreement, this Disclaimer represents the complete understanding between you and Rathvane regarding the subjects addressed herein.

23. Contact Information

Questions or concerns regarding this Disclaimer may be directed to:

Rathvane, Inc.
Email: [email protected]
Website: https://rathvane.ai