Terms

1. Definitions

1.1 "Service" means the Monty platform and related software, documentation, APIs, and support services made available by Company.

1.2 "User Data" means any data, records, documents, or information provided, uploaded, transmitted, or otherwise made available to the Service by or on behalf of User (including transaction data, receipts, calendar metadata, and email headers).

1.3 "Forensic Evidence" means metadata and headers collected from linked third-party accounts (for example, Gmail headers, Google Calendar metadata) used to substantiate categorization.

1.4 "Tax Package" means the set of records, reports, and exported files prepared or generated through the Service for User's use in tax preparation.

2. Description of Service; Scope

2.1 Monty provides a forensic data-organization software platform that assists fractional leaders and independent professionals in organizing financial records for tax preparation and related business needs.

2.2 Not a Professional Service: Monty is a software tool only. General Wealth Inc. is not a CPA firm, law firm, tax preparer, or fiduciary. The Service does not provide legal, tax, or accounting advice and is not a substitute for professional advice. You should consult an appropriate professional for tax, legal, accounting, or other professional guidance.

3. Eligibility; Account Security

3.1 Eligibility: The Service is intended for business use by individuals or entities engaged in professional activities. You represent that you are at least 18 years old and legally able to enter into contracts.

3.2 Account Security: You are responsible for maintaining the confidentiality of your login credentials and for all activities that occur under your account. You must promptly notify Company of any unauthorized use.

4. Subscriptions, Billing, and Renewals

4.1 Annual Term: The Service is offered on an annual subscription basis. By subscribing you agree to pre-payment for the selected term unless otherwise agreed in writing.

4.2 Automatic Renewal and Notice: Subscription renewals automatically renew for successive annual terms unless canceled by User at least thirty (30) days prior to the renewal date or as otherwise required by applicable law. For clarity and compliance with applicable auto-renewal laws, Company will provide clear pre-renewal notice of any upcoming renewal and any price change in the manner described in Section 16 (Notices). (See Section 17 for cancellation instructions.)

4.3 Cancellation and Refunds: Payments are non-refundable except as required by law or as otherwise provided in a separate written agreement. If applicable law requires simpler cancellation mechanisms (for example, click-to-cancel), Company will implement such mechanisms and comply with applicable legal requirements.

5. Third-Party Integrations and Data Access

5.1 User Consent: To provide the Service's features, you authorize Company to access and ingest data from third-party integrations you connect (for example, Teller/Plaid for transaction data, Google Workspace for calendar metadata and email headers). You represent and warrant you have all rights and consents necessary to grant such access.

5.2 Limitation of Access: Company will only access data reasonably necessary to provide the Service. We do not access or process personal email content or non-business calendar events except as expressly authorized.

5.3 Third-Party Terms: Use of third-party integrations may be subject to separate third-party terms; Company is not responsible for their privacy practices, availability, or changes.

6. User Responsibilities; Mandatory Review

6.1 Suggestions Only: The Service uses automated and AI-assisted logic to propose categorizations and groupings. These suggestions are informational and not binding.

6.2 Mandatory Verification: You must review and verify all categorizations and records in the Monty interface prior to exporting or relying upon them. Before exporting any Tax Package or other deliverable, you must acknowledge within the Service that you have reviewed the relevant records and that, to the best of your knowledge, they accurately reflect your business activity. Company may implement UI controls to require such acknowledgment.

6.3 No Audit Defense Guarantee: While the Service organizes data to aid in audit preparation, Company does not guarantee any audit outcome. The burden of proof in any government audit remains with you.

7. Data Ownership, Processing and Privacy

7.1 Ownership: You retain all right, title, and interest in and to User Data. Company acquires no rights to User Data except for the limited license to store, analyze, and process it to provide the Service.

7.2 Processing Purpose and DPA: Company processes User Data to provide the Service, for analytics and product improvement, and as otherwise described in the Company Privacy Policy. For Users subject to EU/UK data protection laws, Company will make a Data Processing Addendum (DPA) available on request or as part of the onboarding flow.

7.3 Privacy Policy: Processing details, categories of data, retention rationale, and user rights are set out in our Privacy Policy (link). The Privacy Policy is incorporated by reference.

8. Data Retention and Deletion

8.1 Retention While Active: Company will retain User Data for as long as your account is active or as needed to provide the Service. Retention durations are documented and subject to reasonable limits.

8.2 Deletion on Termination: Upon a valid account deletion request, Company will purge associated personal and financial data from primary production systems within seven (7) days, subject to the backup retention described in Section 8.3.

8.3 Backups: Residual data may remain in encrypted backups for a limited period. Company will maintain documented retention periods for backups and will securely delete backups in accordance with our backup lifecycle policy. Where applicable, Company will provide reasonable assistance to Users seeking specifics on retention periods and deletion. Avoid indefinite retention without justification - retention decisions are documented and justified according to applicable privacy obligations.

9. Security; Breach Notification

9.1 Security Measures: Company implements and maintains administrative, technical, and physical safeguards reasonably designed to protect User Data against unauthorized access, disclosure, or loss.

9.2 Notification: In the event of a security incident affecting User Data, Company will notify affected Users without undue delay and will cooperate to investigate and remediate the incident. For incidents subject to regulatory timelines, Company will comply with applicable breach notification laws.

10. Intellectual Property

10.1 Ownership: All Company intellectual property (software, code, Intelligent Grouping logic, trademarks, documentation) remains Company's sole property. User is granted a limited, non-exclusive, non-transferable license to use the Service during the subscription term solely for permitted business purposes.

10.2 User Content License: By providing User Data, you grant Company a non-exclusive, worldwide, royalty-free license to host, store, analyze, and process User Data to provide the Service.

11. Warranties; Disclaimers

11.1 No Professional Warranties: Company does not warrant professional accuracy for tax, financial, or legal outcomes. Use of the Service does not create any fiduciary relationship.

11.2 As-Is: THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE." TO THE MAXIMUM EXTENT PERMITTED BY LAW, COMPANY DISCLAIMS ALL IMPLIED WARRANTIES, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

12. Indemnification

12.1 User Indemnity: You will indemnify, defend and hold Company, its affiliates and their officers, directors and employees harmless from and against any claims, liabilities, losses, damages, and expenses (including reasonable attorneys' fees) arising from (a) your breach of these Terms, (b) your inaccurate or fraudulent User Data, (c) your failure to comply with applicable law, or (d) your misuse of the Service.

13. Limitation of Liability

13.1 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, COMPANY'S AGGREGATE LIABILITY TO YOU FOR ANY CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE SHALL NOT EXCEED THE AMOUNT YOU PAID TO COMPANY FOR THE SERVICE DURING THE TWELVE (12) MONTHS PRECEDING THE CLAIM.

13.2 EXCEPT AS REQUIRED BY LAW, COMPANY SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR PUNITIVE DAMAGES, LOST PROFITS, OR LOST DATA.

13.3 Carve-outs: The limitations above will not apply to liability resulting from Company's willful misconduct, gross negligence, or breaches of intellectual property rights to the extent such limitations are unenforceable under applicable law. Consider adding jurisdiction-specific language as appropriate.

14. Termination and Suspension

14.1 Termination for Convenience: User may cancel subscription by following the cancellation steps in the Service. Company may terminate for convenience only if set out in a separate written agreement.

14.2 Termination for Cause: Company may suspend or terminate access immediately for breach (including non-payment or violations of Section 6 or 5), suspected fraud, or illegal activity. Company will use reasonable efforts to provide notice and an opportunity to cure where feasible.

15. Export Controls and Compliance

15.1 You agree not to export, re-export, or transfer any part of the Service in violation of applicable export control laws. User represents that it is not a sanctioned party.

16. Notices; Contact

16.1 Notice Methods: Notices to Users will be sent to the email address on file and/or via in-app messaging. Notices to Company must be sent to: General Wealth Inc., Attn: Legal, 228 Park Ave S PMB 933875, New York, New York 10003-1502 US, legal@monty.tax.

16.2 Pre-Renewal and Price Change Notices: Company will send any required renewal or price change notices in accordance with applicable law.

17. Assignment

17.1 Company may assign these Terms in connection with a sale, merger, or corporate reorganization. User may not assign without Company's prior written consent.

18. Governing Law; Dispute Resolution

18.1 Governing Law: These Terms are governed by the laws of the State of Delaware without regard to conflict of law principles.

18.2 Dispute Venue: Except where otherwise required by law, the parties submit to the exclusive jurisdiction of the state or federal courts located in Delaware. Optionally, consider arbitration and class-action waiver clauses if you want to limit litigation exposure (consult counsel).

19. Changes to Terms

19.1 Company may modify these Terms. For material changes affecting user rights or subscription fees, Company will provide email notice and/or an in-app notice in advance, and continued use after notice constitutes acceptance. Where applicable law requires additional notice or affirmative consent (for example, auto-renewal changes), Company will comply.

20. Miscellaneous

20.1 Entire Agreement; Severability: These Terms and any referenced policies constitute the entire agreement and supersede prior agreements. If any provision is unenforceable, the remainder will remain in effect.

20.2 Contact Information: For questions about these Terms, please contact legal@monty.tax.