Terms of Service

Terms of Service – Readpeak Oy

The following terms of service and license agreement (the “Agreement") constitutes an agreement between your company ("you") and Readpeak Oy, business ID 2615511-5, Melkonkatu 26, 00210 Helsinki, FINLAND, ("Readpeak” “we", “our” or “us"). This Agreement governs your use of software and services available at https://app.readpeak.com/ for the purposes of publishing of native advertisements defined below in this Agreement (hereinafter “Service").

BY CLICKING “ACCEPT” DURING ACCESSING THE SERVICE YOU ACCEPT AND UNDERTAKE TO BE BOUND BY THIS AGREEMENT.

By clicking “accept” during accessing the Service, you conclude a legally binding agreement between Readpeak and the company you represent based on the terms of this Agreement and become a user of the Service. The company you represent may have a separate agreement with us which shall prevail over this Agreement, but you are nevertheless individually bound by sections 2 (Registration, username, password and security) and 3 (Prohibited use and conduct) of this Agreement. If you grant any subcontractor, supplier, end-customer or other third party any access to the Service, such subcontractor, supplier, end-customer and third party shall be considered equivalent to you for the purposes of this Agreement and you shall be fully responsible and liable for all acts and omissions of such subcontractor, supplier, end-customer and third party as well for ensuring their compliance with this Agreement.

1. DESCRIPTION OF THE SERVICE

The Service consists of online software, which allows user to purchase and publish native advertisements campaigns ("Advertisement") to partnering publishers’ media sites or by accessing inventory from partnering ad exchanges. The Readpeak platform is self-served, and the users operate their own campaigns based on parameters set in campaign settings. You can promote content, blogs, and articles via the Service. Your account is billed based on effective CPC (Cost per Click).

No devices or connections necessary for the use of Service are provided subject to this Agreement. You are responsible for purchasing, maintaining and updating such devices and connections, including (1) all equipment necessary for your own Internet connection, handheld device, mobile phone, computer and modem and (2) your access to the Internet, and (3) payment of any fees related with such devices and connections.

2. REGISTRATION, USERNAME, PASSWORD AND SECURITY

Registration is required to access the features of this Service. Your registration shall not impose any duty on us to provide any particular service to you. You warrant that the information you provide or have provided in connection with registration to the Services is true and accurate. Your username and password will be your identity for purposes of interacting with the Service. You may create a group account on behalf of a company or an organization and to which You can invite multiple users, but each user must have their own individual username.

You are responsible for keeping your username and password confidential and shall use your username and password solely in accordance with this Agreement. You shall immediately notify us if you learn of or suspect: (i) any loss or theft of your username or password; or (ii) any unauthorized use of your username or password or of the Service. In the event of such loss, theft, or unauthorized use, Readpeak may impose on you, in Readpeak’s sole discretion, additional security obligations.

If any unauthorized person obtains access to the Service as a result of any act or omission by you, you shall use your best efforts to ascertain the source and manner of acquisition of this information and shall promptly inform Readpeak thereof. You shall also cooperate and assist in any investigation relating to any such unauthorized access. You are responsible for actions taken by using your username until you have informed Readpeak of the loss of the password and Readpeak has had a reasonable time to prevent the use of the Service with the username.

3. PROHIBITED USES AND CONDUCT

You are responsible for ensuring that your use of the Service complies with this Agreement and with all laws, rules and regulations applicable to you, including all laws, rules and regulations related to advertising and the conducting of advertising campaigns.

You shall be responsible for and shall assume all liability with respect to Advertisements you upload or transmit through the Service. You agree not to publish or otherwise transmit via the Service Advertisements that: (i) infringe any intellectual property or proprietary rights of others or publicity rights of others; (ii) infringe privacy rights of individuals; (iii) is unlawful, defamatory, threatening, harassing, abusive, racist, hateful, or slanderous or otherwise objectionable or that encourages conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any law, as determined by Readpeak in our sole discretion; (iv) promotes pyramid schemes, multi-level marketing, or payday lending; (v) promotes fraudulent or deceptive activity such as scams, plagiarism, disinformation, or pseudo-pharmaceuticals; (vi) contains adult content; or (vii) contains malware or code that is intended to damage, disrupt, or gain unauthorized access to data or a computer system.

You further agree not to: (i) take any action that imposes an unreasonable or disproportionately large load on the Service’s infrastructure; (ii) allow any other person or entity to use your username or password; (iii) attempt to decipher, decompile, disassemble or reverse engineer any of the software, algorithms or other technology comprising or in any way making up a part of the Service; (iv) copy, reproduce, republish, modify, transfer, display, encode, distribute, license, assign or make publicly available your account or the Service; (v) remove, modify, hide, obscure, disable or modify any copyright, trademark or other proprietary rights notices, marks, labels or any other branding elements contained on or within the Services, or misrepresent the source of ownership of the Service; or (vi) access data not intended for you or log into a server or account that you are not authorized to access.

Readpeak may investigate occurrences that may involve violations of the foregoing prohibited uses, suspend your use of the Service if necessary, and cooperate with law enforcement authorities investigating and prosecuting any users who are involved in such violations. Furthermore, Readpeak is entitled at its sole discretion to withhold any unpaid payments, remove such violating material, or prevent its use without notice.

4. PRIVACY AND DATA PROCESSING

In the event that Readpeak, in connection with the Service, processes personal data as a processor on behalf of the Customer, and the applicable legislation (such as the GDPR) requires Parties to put in place a data processing agreement (DPA) to govern such data processing, the DPA available here shall apply. In such event, the afore-mentioned DPA forms an integral part of the Agreement and shall be applied to the processing of Personal Data by Readpeak as a processor.

Readpeak may collect and process personal data regarding your personnel and/or other representatives of your company using the Service. Such processing is described in Readpeak’s Privacy Policy, the current version of which is available via our website. The Customer shall ensure that its employees and representatives engaging with the Service are informed about the contents of Readpeak’s Privacy Policy.

5. INTELLECTUAL PROPERTY RIGHTS

You agree and acknowledge that the title and all intellectual property rights in and to the Service and any data, documentation, images within the Service are owned and remain vested in Readpeak or a third party. No intellectual property rights of Readpeak shall be transferred pursuant to this Agreement. 

Readpeak agrees that, unless otherwise agreed in this Agreement, materials provided by you to Readpeak in connection with the Service shall remain yours (or a third parties, as the case may be) property and Readpeak agrees that the title and all intellectual property rights in and to such materials remain vested with you (or third party, as the case may be). By accepting this Agreement, you grant Readpeak the right to process the materials to the extent necessary for providing you the Service, including distributing your Advertisements programmatically based on the media choices you make, and service optimization. For avoidance of any doubt, if you comment the Service or provide suggestions or ideas for improving the Service, notwithstanding anything stated to the contrary in this Agreement, you agree that all such comments, suggestions and ideas thereof will be fully assigned to Readpeak and Readpeak shall own all rights to use and incorporate them into its product offerings.

6. PAYMENTS

Using the Service is subject to the fees set out in our price list current at the time, available at https://www.readpeak.com/payment-terms/. We may change the price list from time to time.

7. DISCLAIMER OF WARRANTIES

Readpeak endeavours to make commercially reasonable efforts to ensure that the Service will be available for use on a 24/7 basis excluding temporary maintenance, updating and repairs. Readpeak does not assume any liability for usage interruptions or breaks, but endeavours to inform you of Service issues whenever reasonably possible. Readpeak does not warrant that the Service will be uninterrupted or error-free. However, Readpeak agrees to use commercially reasonable efforts to be at your disposal in order to support you and to correct any material error or deficiency in the Service.

THE SERVICE IS PROVIDED “AS IS.” READPEAK SHALL HAVE NO LIABLITY FOR ANY INTERRUPTIONS IN THE USE OF THIS SERVICE. READPEAK MAKES NO EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE SERVICE, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, CORRECTNESS AND FITNESS FOR A PARTICULAR PURPOSE

8. INDEMNIFICATION

Provided that you comply with this Agreement, Readpeak will defend or settle any claim made against you for any intellectual property rights violation relating to the Service (excluding Advertisements, materials provided by you or any third party material) arising solely from the actions for which Readpeak is legally responsible. You agree (i) to promptly notify Readpeak in writing of any such claim, ii) to allow Readpeak to have sole control over the defence, litigation and/or settlement of any such claim and iii) to cooperate with Readpeak in the investigation, defence and settlement thereof. Readpeak shall indemnify you for such claim by paying damages finally awarded to such third party in a judgment against you or settlement approved by Readpeak. If such claim is made or, in Readpeak’s opinion, is likely to be made, then Readpeak may, at its sole discretion, (i) modify the Service or if it’s not commercially reasonable for Readpeak to modify the Service, (ii) terminate this Agreement with immediate effect.

You agree to indemnify, defend and hold Readpeak and its officers, directors, employees, agents and representatives harmless from and against all damages, liabilities, costs, losses and expenses (including reasonable attorneys’ fees) arising out of or resulting from: (i) your use of the Service in violation of applicable legislation or in violation of Section 3 of this Agreement; or (b) your infringement or alleged infringement of any third party’s intellectual property right or (c) the Advertisements or any materials you submit to the Service.

9. LIMITATION OF LIABILITY

NEITHER PARTY SHALL BE LIABLE FOR ANY SPECIAL, INDIRECT, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING ATTORNEYS’ FEES) IN ANY WAY ARISING IN CONNECTION WITH THE SERVICE OR THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO LOSS OF DATA, LOST BUSINESS OPPORTUNITIES OR LOST PROFITS, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

EACH PARTY’S TOTAL AGGREGATE LIABILITY UNDER THIS AGREEMENT MAY NOT EXCEED AN AMOUNT EQUAL TO THE AGGREGATE AMOUNT OF FEES RECEIVED BY READPEAK FROM YOU DURING THE ONE (1) MONTH PRECEDING THE EVENT GIVING RISE TO SUCH LIABILITY.

THE ABOVE LIMITATION SHALL NOT APPLY TO SECTION 8 (INDEMNIFICATIONS) AND 3 (PROHIBITED USES AND CONDUCT).

Neither party shall be liable to the other for any failure to perform any of its obligations (except payment obligations) under this Agreement during any period in which such performance is delayed by circumstances beyond its reasonable control, such as fire, flood, war, embargo, strike, riot, terrorism, global pandemic or the intervention of any governmental authority (a “Force Majeure”). In such event, however, the delayed party must promptly provide the other party with written notice of the Force Majeure. The delayed party’s time for performance will be excused for the duration of the Force Majeure.

10. CONFIDENTIALITY

Each party shall keep in confidence all material and information received from the other party and marked as confidential or which should reasonable be understood to be confidential and may not use such material or information of the other party for any purpose other than for the proper fulfilment of the Agreement.

The confidentiality and non-use obligations shall not, however, be applied to material and information: (a) which is generally available or otherwise public; or (b) which the receiving party has received from a third party without any obligation of confidentiality; or (c) which was in the possession of the receiving party prior to receipt of the same from the other party without any obligation of confidentiality related thereto or breach of confidentiality obligations.

Notwithstanding the confidentiality provisions, Readpeak may collect and analyze the Advertisement data and trends but may only disclose this data if the data is de-identified or if it is not attributable to any individual or company.

11. JURISDICTION, CHOICE OF LAW AND FORUM

The Agreement shall be governed by and construed in accordance with the laws of Finland, without reference to the provisions of choice of laws. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination, or validity thereof, shall be finally settled by arbitration in accordance with the Arbitration Rules of the Finland Chamber of Commerce. The proceedings shall take place in the English language in Helsinki, Finland.

12. MODIFICATION OF THIS AGREEMENT

Readpeak reserves the right, at any time, to modify, alter, or update the terms and conditions of this Agreement without prior notice. Modifications shall become effective immediately upon being posted at the Service. You are bound by any such modifications and should therefore periodically visit this page to review the then-current Agreement to which you are bound. Your continued use of the Service or any webpage or feature available through Service after modifications are posted constitutes an acknowledgement and acceptance of the Agreement and its modifications.

13. TERMINATION

You may terminate the Agreement and the use of the Service with immediate effect at any time by providing a prior written notice to support@readpeak.com, in which case Readpeak shall send you a written confirmation regarding termination without undue delay. Upon termination Readpeak shall be entitled to invoice all unpaid payments payable to Readpeak. 

Readpeak may terminate the Agreement and the use of the Service for convenience upon 30 days prior written notice by email.

Either party may terminate this Agreement with immediate effect, if the other Party is in material breach of its obligations hereunder and fails to remedy such breach within 14 days written notice given by the non-breaching party.

In addition, Readpeak may terminate the Agreement or suspend your access to Service at any time, including in the event of your actual or suspected unauthorized use of the Service and/or non-compliance with the Agreement. When the Agreement is terminated by either party or if Readpeak suspends the Service, Readpeak shall not return to you any payments for the Service.

14. NOTICES

Readpeak may give notices to you of the Service, at its option, by posting a message on the Service, by email or conventional mail or by any other means by which you may obtain actual knowledge thereof. Notices by you to Readpeak must be given by email or conventional mail. Notices to Readpeak by email should be sent to support@readpeak.com. Notices to Readpeak by conventional mail should be sent to: Melkonkatu 26, 00210 Helsinki, FINLAND. Notices by you to Readpeak will not change the terms of this Agreement unless the change is expressly accepted in writing by an authorized officer of Readpeak.

15. AI FEATURE

15.1. These AI terms govern the use of the optional AI feature available in the Service (“AI Terms”) intended for creating and enhancing Advertisements. These AI Terms form an integral part of the Agreement. By using the AI feature of the Service, you acknowledge that you have read, understood, and agreed to be bound by these AI Terms.

15.2. You are responsible for the data you input into the AI feature (“Input”), and for ensuring that the Input is relevant for the purpose of creating or enhancing your Advertisements. You are also responsible for ensuring that the Input does not contain any personal data, any content that infringes Readpeak’s or third-party’s intellectual property rights, or any confidential information.

15.3. The output generated and returned by the AI feature is based on the Input, and on the underlying AI models (“Output”). You are responsible for checking any Advertisements created using the Output, and for ensuring that the Advertisements and your use of the AI feature of the Service complies with applicable law, AI Terms and this Agreement, especially section 3 (Prohibited uses and conduct) of this Agreement.

15.4. The foundation AI model of the AI feature is provided by OpenAI. You acknowledge and agree to comply with OpenAI’s usage policies when using the AI feature, available at: https://openai.com/policies/usage-policies.

15.5. All Input and Output may be used to train Readpeak’s AI models. Input and Output data is not used to train OpenAI’s AI models. 

2022 © ReadPeak Oy