Terms of Service

The following Terms of Service (“Terms”) govern your access to and use of our website and services. By accessing or using Butterflai, you agree to comply with and be bound by these Terms. If you do not agree with any part of these Terms, you should not use our services.

Operator. Butterflai is a product operated by Sleed S.A. (SLEED A.E., GEMI no. 9422801000), 25is Martiou 83, 121 32 Peristeri, Greece. References to “Butterflai”, “we”, “us” or “our” in these Terms refer to Sleed S.A.

1. Acceptance of Terms

By accessing and using Butterflai’s services, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. These Terms apply to all users, including visitors, registered users, and others who access or use our services.

2. Services Provided

Butterflai offers an AI-driven platform designed to integrate and analyze data from various business systems to provide insights and support decision-making. Our services include but are not limited to:

  • Data Integration
  • Real-Time Analytics
  • Business Intelligence
  • Automated Reporting

3. User Responsibilities

Account Information: You must provide accurate, current, and complete information when creating an account. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.

Compliance: You agree to use our services in compliance with all applicable laws, regulations, and these Terms.

Prohibited Activities: You agree not to engage in any of the following prohibited activities:

  • Unauthorized access or use of our services.
  • Interfering with or disrupting the integrity or performance of our services.
  • Uploading, transmitting, or distributing any malicious code or software.
  • Violating any third party’s rights, including intellectual property rights.
  • Engaging in any activity that could harm or potentially harm Butterflai, its users, or its services.
  • Using outputs or content generated by the platform for evaluating the creditworthiness or credit scoring of natural persons, for risk assessment or pricing in life or health insurance concerning natural persons, or for employment-related decisions concerning natural persons (including recruitment, screening, promotion, termination, task allocation, or monitoring of workers).

4. AI-Generated Content Markings and Disclosure Obligations of the Customer

For the purposes of this Section, the “Customer” refers to you.

1. AI-generated outputs. The Customer acknowledges that the platform generates synthetic text outputs by means of artificial intelligence (“AI-generated outputs”), within the meaning of Article 50(2) of Regulation (EU) 2024/1689 (the “AI Act”). Butterflai applies machine-readable markings to AI-generated outputs in accordance with the AI Act and related best practice on marking and detection of AI-generated content.

2. Non-removal of markings. The Customer undertakes not to, and not to permit any third party to, remove, alter, obfuscate, strip or otherwise tamper with any marking, watermark, metadata signature, manifest, label or other indicator of AI origin applied by Butterflai to any AI-generated output. This undertaking does not prevent the Customer from (i) benchmarking and testing the security and incorruptibility of the marking of the AI-generated outputs, under controlled testing conditions, or (ii) recording or marking legitimate downstream changes, additions, or transformations to the applied markings for the purpose of editorial control in the provenance chain in accordance with applicable legislation, where supported.

3. Customer disclosure obligations. Where the Customer publishes, distributes, communicates, broadcasts or otherwise disseminates an AI-generated output, in whole or in part, with the purpose of informing the public on a matter of public interest — including, by way of illustration and not limitation, materials prepared in connection with publications to commercial or companies registries, ad-hoc and periodic disclosures to capital-markets regulators, periodic reports and announcements to recognised stock exchanges, prospectus and supplement disclosures, press releases, investor presentations, environmental, social and governance disclosures, regulatory submissions, public consultations, and any other materials addressed to the investing or wider public — the Customer is solely responsible for disclosing to recipients, in a clear and distinguishable manner and at the latest at the time of first exposure, that the content has been generated or manipulated by an AI system, in accordance with Article 50(4) AI Act and applicable accessibility requirements.

4. Perceptible label functionality. Butterflai offers an in-product functionality enabling the Customer to apply a perceptible “AI” label to AI-generated outputs at point of generation or export. Butterflai strongly recommends the use of this functionality to support the Customer’s compliance with paragraph 3 above. Use of the functionality does not, of itself, discharge the Customer’s disclosure obligations under the AI Act.

5. No advice. Nothing in this clause constitutes legal advice. The Customer is solely responsible for assessing the applicability of Article 50(4) AI Act to its publications and for putting in place such additional disclosures, internal review and editorial-responsibility arrangements as are necessary for compliance.

6. Indemnity. The Customer shall indemnify and hold Butterflai harmless against any administrative fines, judgments, losses, costs and reasonable legal expenses arising out of any breach by the Customer of paragraphs 2 or 3 above.

5. Intellectual Property

All content, features, and functionality on Butterflai, including but not limited to text, graphics, logos, and software, are the property of Butterflai and are protected by intellectual property laws. You may not use, reproduce, modify, or distribute any content from our platform without our prior written consent.

6. Privacy and Data Protection

The use of Butterflai is also governed by our Privacy Policy, which outlines how we collect, use, and protect your personal data. By using our services, you consent to our collection and use of your data as described in the Privacy Policy.

7. Payment and Fees

Subscription Plans: Access to certain features and functionalities of Butterflai may require a subscription. Details of our subscription plans, including fees and billing cycles, are provided during the signup process.

Payment Information: You must provide valid payment information. By subscribing to a plan, you authorize us to charge the subscription fee to your designated payment method.

Refunds: All fees are non-refundable except as required by law. We may offer refunds at our sole discretion under certain circumstances.

8. Limitation of Liability

To the fullest extent permitted by law, Butterflai shall not be liable for any indirect, incidental, special, or consequential damages arising out of or in connection with your use of our services. This includes, but is not limited to, any loss of data, profits, or business opportunities. Our total liability to you for any claims arising from these Terms or your use of our services shall not exceed the amount paid by you to Butterflai in the twelve (12) months preceding the event giving rise to the claim.

9. Indemnification

You agree to indemnify and hold harmless Butterflai and its affiliates, employees, and agents from any claims, liabilities, damages, losses, or expenses, including reasonable attorney fees, arising out of your use of our services or violation of these Terms.

10. Termination

We reserve the right to suspend or terminate your access to Butterflai at any time, with or without notice, for conduct that we believe violates these Terms or is harmful to other users or our business interests.

Upon termination, all rights granted to you under these Terms will cease immediately. You must cease all use of our services and delete all copies of any aspect of our services in your possession.

11. Changes to Terms

Butterflai reserves the right to modify these Terms at any time. We will notify you of any changes by posting the new Terms on our website and updating the effective date. Your continued use of our services after such changes constitutes your acceptance of the new Terms.

12. Governing Law

These Terms are governed by and construed in accordance with the laws of Greece. Any disputes arising from these Terms or your use of our services shall be resolved in the courts of Athens, Greece.

13. Dispute Resolution

Informal Resolution: We encourage you to contact us first to resolve any disputes or issues you may have with our services.

Formal Resolution: If a dispute cannot be resolved informally, it shall be resolved through binding arbitration conducted by a recognized arbitration institution in Athens, Greece, in accordance with the rules of arbitration.

14. Miscellaneous

Entire Agreement: These Terms and our Privacy Policy constitute the entire agreement between you and Butterflai regarding your use of our services and supersede all prior agreements.

Severability: If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.

Waiver: Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights.

Assignment: You may not assign your rights or obligations under these Terms without our prior written consent. We may assign our rights and obligations under these Terms at our discretion.