User Friendliness
4
/ 10
Below Average
Key Concerns
5
Broad company rights to suspend services without notice for any reason.
Extensive list of prohibited uses, with severe consequences including confiscation of assets.
User is responsible for economic costs incurred by Tether Hadron due to user actions.
No explicit mention of user termination rights or data handling post-termination.
Geographic restrictions and prohibitions for certain persons/jurisdictions.
Policy Analysis
Word Count
3,550
Sections Found
11
Privacy Contact
privacy@tether.to
Plain Language Summary

These Terms of Use govern your access to and use of Hadron by Tether's software tools for creating and managing cryptocurrencies. You must sign an Order Form to use the services, which are provided on a software-as-a-service basis. The terms outline strict prohibitions on use, especially concerning illegal activities, sanctions, and data privacy, and grant Tether Hadron broad rights to suspend services without notice for various reasons, including suspected prohibited use or for maintenance.

Notable Clauses
Company's Role

Tether Hadron explicitly states it is a technology provider only and does not provide custodial tools or endorse user tokens, shifting significant responsibility to the user.

Unusual
Service Suspension

Tether Hadron can permanently or temporarily suspend access to tools without notice for various reasons, including security risks, illegal activities, or even for 'any reason' (Service Suspension clause).

Unfavorable
Prohibited Uses and Enforcement

An extensive list of prohibited uses, including financial crimes, sanctions violations, and even taking advantage of technical glitches. Violations can lead to reporting to authorities, confiscation of assets, and termination without notice.

Unfavorable
Intellectual Property

Tether Hadron retains all rights to its IP, and users are granted a limited, non-exclusive, non-transferable license for internal use only.

Standard
Billing & Subscriptions
Auto-Renewal

Signing the Order Form is an agreement by you to purchase access to the Tools under the terms of the Order Form and these terms of use (the "Terms").

no
Free Trial Auto-Converts

The document makes no mention of free trials.

no
Cancellation Method

The document does not specify a method for user cancellation of the service.

not_specified
Cancellation Effective

The document does not specify when a user cancellation would become effective.

not_specified
Cancellation Notice (days)

The document does not specify any notice period for user cancellation.

Unknown
Billing Cycle

Signing the Order Form is an agreement by you to purchase access to the Tools under the terms of the Order Form and these terms of use (the "Terms").

custom
Price Change Notice (days)

Section 6.1, which defines "Fees", is not provided in the document, thus no information on price changes is available.

Unknown
Refund Policy
Refund Available

The document does not mention any terms regarding refunds or money-back guarantees.

no
Refund Window (days)

The document does not mention any refund window.

Unknown
Prorated Refunds

The document does not mention prorated refunds.

no
Renewal Refunds

The document does not mention refunds for renewals.

no
Dispute Resolution
Arbitration Required

The term "arbitrations" is used in the definition of "Actions" (1.3(b)), but there is no clause requiring arbitration for disputes arising from the agreement.

no
Arbitration Provider

The document does not specify an arbitration provider.

Unknown
Arbitration Opt-Out

The document does not mention an option to opt out of arbitration.

no
Class Action Waiver

The document does not contain any mention of a class action waiver.

no
Governing Law

The document does not explicitly state the governing law for the agreement. It mentions El Salvador as the company's location and various US and BVI laws in definitions.

Unknown
Jurisdiction

The document does not explicitly state the jurisdiction for dispute resolution. The company's address is in San Salvador, El Salvador (1.3(bbb)).

Unknown
Small Claims Exception

The document does not mention an exception for small claims court.

no
Liability & Indemnification
Liability Cap

The provided document is incomplete and does not contain sections on liability limitations.

Unknown
Warranty Disclaimer

The provided document is incomplete and does not contain sections on warranty disclaimers.

Unknown
Service "As Is"

The provided document is incomplete and does not explicitly state that the service is provided "as is".

no
User Indemnifies Company

The provided document is incomplete and does not contain sections on user indemnification of the company.

no
Force Majeure

The provided document is incomplete and does not contain a force majeure clause.

no