# Beta Terms

Last updated: January 2025

# Beta Testing Agreement for lums.ai

**Last Updated:** August 2025

**Effective Date:** August 2025

## 1. Beta Program Overview

Welcome to the lums.ai Beta Testing Program! This agreement ("Beta Agreement") governs your participation in our beta testing program for lums.ai, our smart personal financial assistant.

### 1.1 What is Beta Testing?

Beta testing allows us to gather feedback and identify issues before the full public launch. As a beta tester, you'll have early access to our service and help us improve it.

### 1.2 Beta Period

The beta testing period will run from August 1, 2025 to December 31, 2025, unless extended or terminated earlier by lums.ai. We reserve the right to modify the beta period with 30 days' notice to participants.

## 2. Beta Tester Eligibility and Selection

### 2.1 Eligibility Requirements

To participate in the beta program, you must:

- Be at least 18 years old
- Reside in the United States or Canada
- Have a valid Google account for authentication
- Agree to provide regular feedback about your experience
- Have access to financial accounts for testing purposes

### 2.2 Selection Process

- Beta testers are selected based on various criteria including location, financial profile, and willingness to provide feedback
- Selection is at our sole discretion
- We reserve the right to limit the number of beta testers

### 2.3 Beta Tester Responsibilities

As a beta tester, you agree to:

- Use the service regularly during the beta period
- Report bugs, issues, and provide feedback
- Complete surveys and provide insights about your experience
- Maintain confidentiality about beta features and information
- Not share your beta access with others

## 3. Beta Pricing and Subscription Terms

### 3.1 Beta Pricing Structure

As a beta tester, you will receive access to our service plans:

#### Free Plan (Available to All)

- **Cost**: $0 per month
- **Features**: All basic features, Lums AI assistant, transaction categorization, and auto-categorization rules
- **No Payment Required**: Sign up without providing payment information
- **Unlimited Access**: No time restrictions on Free plan features

#### Plus Plan (Free During Beta)

- **Beta Offer**: Complete access to Premium features at no cost during beta period
- **Regular Price**: $18.99 USD per month ($24.99 CAD per month for Canadian users) after beta ends
- **Plus Features**: All Free plan features plus smart budget recommendations, smart savings goals, security alerts for unusual transactions, and trend detection notifications
- **No Payment Required During Beta**: Access Plus features without providing payment information

### 3.2 Beta Pricing Benefits

- **Free Plus Access**: Beta users receive complimentary access to all Plus plan features during the beta period
- **No Payment Required**: Plus features available at no cost during beta testing phase
- **Full Feature Access**: Complete access to all Plus features including smart budget, smart goals, security alerts, and trend detection
- **Beta Duration**: Plus access remains free until the beta period officially ends
- **Post-Beta Options**: After beta ends, users may choose to continue with Free plan or subscribe to Plus plan at regular pricing

### 3.3 Payment Terms

- **Free Plan**: No payment required for Free plan access
- **Plus During Beta**: No payment required for Plus features during beta period
- **Post-Beta Billing**: After beta period ends, Plus plan subscribers will be charged monthly
- **Payment Processing**: Future payments (post-beta) processed through secure third-party payment providers
- **Billing Cycle**: Monthly subscription charged on the same date each month (applies post-beta for Plus subscribers)
- **No Refunds**: All future payments are non-refundable
- **Cancellation**: Users may cancel Plus subscription anytime; Free plan access continues indefinitely

## 4. Beta Service Features and Limitations

### 4.1 Beta Features

During the beta period, you will have access to:

- AI-powered financial analysis and insights
- Personalized financial recommendations
- Budget tracking and categorization
- Financial goal setting and monitoring
- Real-time financial data analysis
- Chat-based financial assistance

### 4.2 Usage Limitations

- **Message Limits**: Free plan users are limited to 200 messages per month to the AI assistant
- **Feature Access**: Some premium features may be limited during beta testing
- **Performance**: Response times and service availability may vary during beta period

### 4.3 Known Limitations and Issues

Please be aware that the beta version may have:

- **Performance Issues**: Slower response times or temporary outages
- **Feature Limitations**: Some features may be incomplete or unavailable
- **Data Accuracy**: Financial analysis may not be as accurate as the final version
- **UI/UX Changes**: Interface may change frequently during development
- **Integration Issues**: Some financial institutions may not connect properly

### 4.4 Service Availability

- Beta service may be temporarily unavailable for updates and maintenance
- We may need to restart services or apply patches without notice
- Scheduled maintenance will be communicated when possible

## 4. Data Usage and Privacy

### 4.1 Beta Data Collection

During the beta period, we may collect additional data for testing purposes:

- **Usage Analytics**: Detailed information about how you use the service
- **Performance Data**: Response times, error rates, and system performance
- **Feedback Data**: Your comments, suggestions, and bug reports
- **Testing Data**: Information about your testing activities and preferences

### 4.2 Data Usage for Improvement

Your beta usage data will be used to:

- Identify and fix bugs and issues
- Improve AI models and algorithms
- Enhance user experience and interface design
- Optimize performance and reliability
- Develop new features and capabilities

### 4.3 Privacy Protection and Data Retention

- Your financial data remains protected under our Privacy Policy
- Beta testing data is handled with the same security measures as production data
- We will not share your personal or financial information with third parties
- **Beta Data Retention**: Beta testing data will be retained for 2 years after program completion for service improvement
- **Account Data**: Personal account information retained for 90 days after beta program termination
- **Feedback Data**: Anonymous feedback may be retained indefinitely for product development
- You retain all rights to your personal and financial data as outlined in our Privacy Policy

## 5. Feedback and Communication

### 5.1 Feedback Requirements

As a beta tester, you agree to provide feedback through:

- **Regular Surveys**: Periodic questionnaires about your experience
- **Bug Reports**: Detailed reports of any issues you encounter
- **Feature Requests**: Suggestions for improvements or new features
- **User Experience Feedback**: Comments about usability and design

### 5.2 Communication Channels

We will communicate with you through:

- **Email**: Updates, surveys, and important announcements
- **In-App Notifications**: Service updates and feature announcements
- **Feedback Forms**: Built-in tools for reporting issues and suggestions

### 5.3 Response Expectations

- We will acknowledge receipt of your feedback within 48 hours
- We will provide updates on reported issues when possible
- We may ask for additional information to help resolve issues

## 6. Confidentiality and Non-Disclosure

### 6.1 Definition of Confidential Information

"Confidential Information" includes all information disclosed by lums.ai, whether oral, written, or electronic, including but not limited to:

- Pre-release features, functionality, and software code
- Internal testing tools, processes, and methodologies
- Performance metrics, analytics, and usage data
- Development roadmaps, plans, and technical specifications
- AI algorithms, models, and training data
- User interface designs and user experience flows
- Business strategies, partnerships, and financial information
- Any information marked as confidential or that would reasonably be considered confidential

### 6.2 Non-Disclosure Obligations and Standard of Care

You agree to:

- Maintain all Confidential Information in strict confidence using at least the same degree of care you use to protect your own confidential information (but no less than reasonable care)
- Not disclose Confidential Information to any third party without prior written consent
- Not share screenshots, videos, recordings, or descriptions of beta features
- Not discuss beta features on social media, public forums, or review sites
- Not share your beta access credentials with others
- Use Confidential Information solely for beta testing purposes
- Not reverse engineer, decompile, or disassemble any software or algorithms
- Report any accidental disclosures immediately to anthony@lums.ai

### 6.3 Permitted Sharing

You may discuss:

- General impressions of the service (without revealing specific features)
- Your experience with publicly available features
- General feedback about financial management tools

## 7. Intellectual Property and Feedback

### 7.1 Ownership of lums.ai Property

You acknowledge and agree that:

- lums.ai retains all right, title, and interest in the beta service, including all intellectual property rights
- No rights or licenses are granted to you except the limited right to test the beta service
- You will not acquire any ownership rights in lums.ai's technology, algorithms, or confidential information
- The beta service contains proprietary and confidential information protected by intellectual property laws

### 7.2 Feedback and Suggestions

By providing feedback, suggestions, or ideas ("Feedback"), you grant lums.ai:

- A non-exclusive, perpetual, irrevocable, royalty-free, worldwide license to use, modify, and incorporate your Feedback
- The right to create derivative works based on your Feedback without attribution or compensation
- Permission to quote your feedback in marketing materials (anonymously)
- All rights necessary to use Feedback for any business purpose

### 7.3 No Compensation and Ownership

- Beta testing participation is voluntary and unpaid
- We do not compensate for feedback, suggestions, or participation
- You retain ownership of your personal data and financial information
- You participate for early access and to help improve the service

### 7.4 Prohibited Uses

You agree not to:

- Copy, modify, or create derivative works of the beta service
- Reverse engineer, decompile, or disassemble any part of the service
- Use the service to develop competing products or services
- Extract or scrape data for commercial purposes
- Circumvent any security measures or access controls

## 8. Disclaimers and Limitations

### 8.1 Beta Service Disclaimer

THE BETA SERVICE IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND. WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

### 8.2 Financial Advice Disclaimer

- The beta service provides analysis and insights, not financial advice
- We are not responsible for any financial decisions you make
- Always consult qualified professionals for investment decisions
- Beta features may not be as accurate as the final version

### 8.3 Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, LUMS.AI SHALL NOT BE LIABLE FOR ANY DAMAGES ARISING FROM YOUR USE OF THE BETA SERVICE, INCLUDING BUT NOT LIMITED TO LOSS OF DATA, FINANCIAL LOSSES, SERVICE INTERRUPTIONS, OR DAMAGES FROM AI-GENERATED CONTENT OR ANALYSIS.

### 8.4 Injunctive Relief

You acknowledge that any breach of confidentiality or unauthorized use of Confidential Information may cause irreparable harm to lums.ai for which monetary damages would be inadequate. Therefore, lums.ai shall be entitled to seek immediate injunctive relief and other equitable remedies without the need to post bond or prove actual damages.

## 9. Beta Program Termination

### 9.1 Termination by You

You may withdraw from the beta program at any time by:

- Contacting us at anthony@lums.ai
- Deleting your account through the app
- Providing written notice of withdrawal

### 9.2 Termination by Us

We may terminate your beta participation if:

- You violate this Beta Agreement
- You fail to provide regular feedback
- You share confidential information
- We discontinue the beta program
- We determine you are not a suitable beta tester

### 9.3 Effect of Termination

Upon termination:

- Your beta access will be revoked immediately
- **Subscription Cancellation**: Active subscription will be cancelled; no further charges will occur
- **Service Access**: Account remains active until the end of current billing period
- **Data Deletion**: We will automatically delete all user data 30 days after account closure
- You must immediately cease using the beta service and return or delete all Confidential Information
- Confidentiality obligations survive termination indefinitely
- IP restrictions and feedback licenses remain in effect
- **No Refunds**: Payments made prior to cancellation are non-refundable
- You may be invited to join the public launch when available

## 10. Transition to Public Launch

### 10.1 Beta to Production Transition

When the beta period ends:

- Your account may automatically transition to the public service
- Some beta features may be removed or modified
- New terms of service may apply
- Pricing and features may change

### 10.2 Data Migration

- Your financial data and preferences will be preserved
- Beta testing data may be retained for service improvement
- You will be notified of any changes to data handling

## 11. Governing Law and Disputes

### 11.1 Governing Law

This Beta Agreement is governed by the laws of Ontario, Canada.

### 11.2 Dispute Resolution

- We encourage direct communication to resolve any issues
- Disputes will be resolved through binding arbitration in Toronto, Ontario
- You waive any right to a jury trial or class action lawsuit

## 12. Contact Information

For questions about the beta program:

**Email:** hello@lums.ai

## 13. Acknowledgment

By participating in the beta program, you acknowledge that:

- You have read and understood this Beta Agreement
- You agree to be bound by its terms
- You understand the beta service may have limitations and issues
- You are participating voluntarily and without compensation
- You will provide regular feedback and maintain confidentiality