TERMS OF SERVICE

2.1. Nature of Services.

The VaultLeap Platform ("Platform") constitutes a proprietary financial technology interface that enables authorized users to access regulated financial services through licensed third-party partners, including the ability to:

• Access United States Dollar (USD), Euro (EUR), and Mexican Peso (MXN) virtual account infrastructure through regulated banking partners, including ACH, SEPA, and SPEI payment rails
• Receive payments and initiate transfers via ACH, SEPA, wire, and SPEI mechanisms, subject to geographic availability and partner constraints
• Effectuate automated conversion between fiat currency and blockchain-based stablecoin assets (including but not limited to USDC and EURC)
• Execute domestic and cross-border payment transfers through a unified technological orchestration layer

2.2. Eligibility and Access Requirements.

Utilization of the Platform requires:

• Establishment and maintenance of an authorized VaultLeap account
• Successful completion of all applicable identity verification and know-your-customer protocols as mandated by relevant regulatory frameworks
• Connection of compatible digital asset storage solutions where applicable
• Ongoing compliance with all Platform policies and applicable regulations

Klydo reserves the right to modify eligibility requirements at its sole discretion.

3.1. Eligibility.

To access and use the Services, you represent and warrant that you are at least 18 years old and have the legal capacity to enter into these Terms. You further represent and warrant that you are not barred from using the Services under any applicable law, including the laws of the United States or any other jurisdiction from which you may access the Services.

3.2. Account Creation and Verification.

To utilize the VaultLeap Platform's services, you must:

• Create a secure account with accurate identification information
• Complete identity verification processes as required by applicable regulations
• Provide necessary documentation for KYC (Know Your Customer) compliance
• Maintain current contact and banking details
• Update information promptly when changed

4.1. Dual-System Infrastructure.

The Platform employs a proprietary dual-system architecture:

5.1. Stablecoin Functionality.

The Platform facilitates automated conversion between fiat currency and blockchain-based stablecoin assets to mitigate exposure to local currency volatility.

5.2. Risk Acknowledgment.

User expressly acknowledges and assumes all risks associated with stablecoin assets, including but not limited to:

6.1. User Responsibilities.

As a user of the Services, you agree to:

• Complete required verification procedures truthfully and promptly
• Maintain the security of your account credentials and wallet private keys
• Ensure the accuracy of banking and payment information
• Comply with all applicable laws and regulations when using the Services
• Use the Services only for legitimate business or personal financial activities
• Review and understand the functionality of both banking and stablecoin components
• Implement appropriate security measures to protect access to your account and wallet
• Report any unauthorized access or suspicious activity immediately

7.1. Overview.

VaultLeap applies a transparent pricing model for access to and use of the VaultLeap Platform. Certain fees, rates, limits, or feature access may vary based on your tier status, plan enrollment, and usage of the Services. All fees are subject to change at any time at Klydo's sole discretion. By continuing to use the Platform, you agree to the fee schedule and program rules in effect at the time a transaction is processed.

7.2. Tier-Based Virtual Account Fees.

VaultLeap may apply a Platform fee to certain transactions processed through VaultLeap virtual accounts and regulated banking rails (the "Virtual Account Fee").

The Virtual Account Fee rate is determined by your current tier status. Tiers are determined based on your rolling thirty-day (30-day) points total, calculated as described in Section 7.3.

Tier thresholds, tier names, and fee rates may be updated from time to time and are published at vaultleap.com/pricing.

7.3. Points System; Earning and Calculation.

VaultLeap uses a points system to calculate tier eligibility and display rewards progress. Points are a unitless metric used only for determining tier status and related Platform benefits, unless VaultLeap expressly states otherwise in writing.

7.4. Rolling 30-Day Window; Tier Evaluation; Downgrades.

VaultLeap may monitor usage and apply reasonable controls to prevent circumvention or abuse of the Zero Tier Allowance, including transaction splitting, account rotation, or other behavior intended to evade applicable fees.

7.5. Transparency.

VaultLeap may display your current tier, rolling 30-day points total, and progress toward the next tier in your account profile or Rewards page. Display values are estimates based on available partner data and may change when transactions post, settle, reverse, or are reclassified.

7.6. Fee Changes and Notifications.

VaultLeap may revise, update, or discontinue any fee, rate, points conversion, tier threshold, or program rule at any time, at its sole discretion, to reflect market conditions, regulatory costs, network changes, fraud risk, or updates from partner financial institutions. Updated pricing will be published at vaultleap.com/pricing and will apply to future transactions. Your continued use of the Platform after publication constitutes acceptance of those changes.

Changes may also include the introduction, modification, or removal of subscription fees, premium tiers, or feature-based pricing.

7.7. Billing and Deduction of Fees.

All applicable fees are automatically deducted at the time of processing. For blockchain-settled transactions, users remain responsible for applicable network ("gas") fees. Where partner financial institutions impose additional service charges, those charges are passed through without markup.

7.8. Foreign Exchange and Currency Conversion.

When converting between supported currencies (for example USD ↔ EUR, USD ↔ MXN, USD ↔ BRL, USDC ↔ EURC, and similar pairs), VaultLeap applies an exchange rate derived from the prevailing mid-market rate at the time of settlement, plus a small spread:

• 0.50% (50 bps) for most currencies
• 0.55% (55 bps) for BRL FX conversions (or other pairs where underlying liquidity or network costs are higher)

VaultLeap does not fix, guarantee, or represent that any quoted rate will match third-party or "mid-market" benchmarks. Conversion rates may include additional execution costs, liquidity spreads, or network fees passed through from VaultLeap's regulated banking and payment partners (including Bridge Ventures LLC (Bridge) and its providers). All conversions are displayed in USD-equivalent terms for transparency. Final settlement values may differ slightly from indicative quotes due to market movement, partner pricing, or third-party adjustments.

7.9. Third-Party and Regulatory Costs.

Some fees may include pass-through costs from regulated partners, financial institutions, or blockchain networks. VaultLeap does not control or guarantee third-party pricing and may adjust its rates to maintain compliance with partner or regulatory requirements. VaultLeap is not liable for changes imposed by third parties or regulatory bodies affecting transaction costs.

7.10. Taxes.

All fees are exclusive of applicable taxes. You are responsible for any taxes, duties, or governmental charges that apply to your use of the Services under your jurisdiction.

8.1. Overview.

VaultLeap may operate a promotional referral program (the "Referral Program") allowing eligible users ("Referrers") to invite new users ("Referees") to the VaultLeap Platform and earn Tier Points based on a Referee's Eligible Volume, as determined by VaultLeap.

8.2. Eligibility.

To earn referral points, the Referrer must:

• Maintain a verified VaultLeap Account in good standing
• Hold an active Pro or Zero tier status (whether obtained through points qualification or subscription, if applicable)
• Continue to satisfy all applicable identity, compliance, and usage requirements

Referees must complete identity verification and activate their VaultLeap account to be considered an active referral.

VaultLeap may require a Referee to meet additional activation criteria (including, where applicable, enabling certain features) to qualify as active, and such criteria may vary by geography, product availability, partner constraints, or compliance requirements.

8.3. Reward Structure.

Once a Referee becomes active, the Referrer may earn Tier Points equal to ten percent (10%) of the Referee's Eligible Volume during the applicable measurement period, as determined by VaultLeap.

Eligible Volume for referral calculations excludes on-chain transfers, internal wallet transfers, and any other excluded activity described in Section 7.1.1, Section 7.3(c), or as otherwise determined by VaultLeap.

Referral-derived Tier Points:

• Count toward tier qualification and maintenance
• Are subject to a monthly cap of 100,000 Tier Points
• Do not constitute cash, stored value, prepaid funds, or card balance

8.4. Limitations and Abuse Prevention.

• (a) Self-referrals are prohibited.
• (b) VaultLeap may review, withhold, reverse, or void referral points in cases of suspected fraud, abuse, or regulatory restriction.
• (c) Referral points are non-transferable and may not be redeemed for money, stablecoins, or card funds.
• (d) Referral activity is subject to ongoing monitoring and compliance requirements.

8.5. Program Changes and Transition.

VaultLeap may modify, suspend, or terminate the Referral Program at any time. Changes become effective upon publication on the VaultLeap Platform. Participation is not guaranteed and is subject to continued eligibility.

Users participating in any prior version of the Referral Program as of the effective date of these Terms will be transitioned to the current program structure. For any material changes that negatively impact existing referrers, VaultLeap will provide thirty (30) days' advance notice via email, during which existing referrers may elect to:

• (i) continue under the new terms; or
• (ii) opt out of the program by contacting support@vaultleap.com.

9.1. Ownership.

All intellectual property rights in the VaultLeap Platform, including but not limited to software, code, interfaces, content, design, structure, and documentation, are owned by Klydo or its licensors. These Terms do not transfer any ownership rights or grant any intellectual property licenses beyond the limited rights expressly set forth herein.

9.2. Limited License.

Subject to your compliance with these Terms, Klydo grants you a limited, non-exclusive, non-transferable, revocable license to access and use the VaultLeap Platform for your personal or internal business purposes.

9.3. Restrictions.

You shall not:

• Copy, modify, distribute, sell, or lease any part of the VaultLeap Platform
• Reverse engineer or attempt to extract the source code of the VaultLeap Platform
• Create derivative works based on the VaultLeap Platform
• Remove, obscure, or alter any proprietary notices on the VaultLeap Platform
• Use the VaultLeap Platform in any manner that could damage, disable, overburden, or impair Klydo's systems
• Access the VaultLeap Platform through any automated means or interfaces not provided by Klydo

10.1. Mobile Application License.

Subject to your compliance with these Terms, Klydo grants you a limited, non-exclusive, non-transferable, revocable license to download, install, and use the VaultLeap mobile application ("Mobile App") on a mobile device that you own or control, solely for your personal or internal business use in connection with the Services.

10.2. App Store and Third-Party Terms.

Your use of the Mobile App is also subject to the terms and conditions of the platform from which you downloaded it, including the Apple App Store Terms of Service or Google Play Terms of Service (each, an "App Marketplace"). In the event of a conflict between these Terms and the applicable App Marketplace terms with respect to the use of the Mobile App, the App Marketplace terms shall govern solely with respect to the Mobile App.

You acknowledge and agree that:

• Apple Inc. and Google LLC are third-party beneficiaries of these Terms as they relate to the Mobile App, and each has the right to enforce these Terms against you
• Klydo, not the App Marketplace, is solely responsible for the Mobile App and its content
• The App Marketplace has no obligation to provide maintenance, support, or warranty services for the Mobile App

10.3. Device Requirements and Updates.

The Mobile App requires a compatible mobile device running a supported operating system version. Klydo does not guarantee that the Mobile App will function on all devices or operating system versions.

Klydo may from time to time release updates to the Mobile App. You acknowledge that:

• Updates may be required for continued access to the Services
• You are responsible for installing updates in a timely manner
• Failure to install required updates may result in degraded functionality or loss of access to certain features
• Klydo may discontinue support for older versions of the Mobile App at its discretion

10.4. Push Notifications.

The Mobile App may request permission to send you push notifications for transaction alerts, security notices, account updates, and other communications related to the Services. You may disable push notifications at any time through your device settings. Disabling push notifications may result in delayed awareness of important account activity or security events.

10.5. Biometric Authentication.

The Mobile App may offer biometric authentication (such as Face ID, Touch ID, fingerprint recognition, or facial recognition) as an optional convenience for account access and transaction approval.

By enabling biometric authentication, you acknowledge and agree that:

• Any person whose biometric data is registered on your device may be able to access your VaultLeap account
• You are solely responsible for managing which biometric profiles are enrolled on your device
• Klydo does not collect, store, or process your biometric data — all biometric verification occurs on your device using your device manufacturer's hardware security features
• Biometric authentication is provided as an alternative to PIN entry and does not replace your obligation to maintain account security
• Klydo is not liable for unauthorized access resulting from shared or compromised biometric profiles on your device

10.6. Camera and Device Permissions.

The Mobile App may request access to your device's camera and photo library solely for identity verification (KYC) purposes, such as capturing images of government-issued identification documents and selfie photographs. The Mobile App does not access your camera, photo library, or other device features in the background or for purposes unrelated to identity verification.

You may revoke device permissions at any time through your device settings. Revoking certain permissions may limit your ability to complete verification processes or access features that require those permissions.

11.1. Term.

These Terms shall remain in effect until terminated by either you or Klydo as set forth herein.

11.2. Termination by User.

You may terminate these Terms at any time by closing your account and discontinuing use of the VaultLeap Platform. Termination will not relieve you of any obligations incurred prior to termination.

11.3. Termination by Klydo.

Klydo may terminate these Terms and your access to the VaultLeap Platform at any time for any reason, including but not limited to:

• Violation of these Terms
• Suspected fraudulent, illegal, or unauthorized activity
• Regulatory or legal requirements
• Extended periods of inactivity
• Upon reasonable notice for any other reason at Klydo's sole discretion

Klydo may also, in its sole discretion and without terminating your account, suspend, revoke, adjust, or forfeit any points, tier status, rewards, benefits, discounts, or plan access associated with your account, including where required for compliance, fraud prevention, dispute processing, or partner constraints.

12.1. Banking Services Disclaimer.

THE BANKING SERVICES ACCESSIBLE THROUGH THE PLATFORM ARE PROVIDED BY REGULATED FINANCIAL INSTITUTION PARTNERS. KLYDO DOES NOT ITSELF PROVIDE BANKING SERVICES AND MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE AVAILABILITY, FUNCTIONALITY, PERFORMANCE, OR SUITABILITY OF BANKING SERVICES PROVIDED BY SUCH PARTNERS. USER ACKNOWLEDGES THAT BANKING SERVICES ARE SUBJECT TO THE TERMS, CONDITIONS, AND LIMITATIONS IMPOSED BY PARTNER FINANCIAL INSTITUTIONS.

12.2. Stablecoin Disclaimer.

KLYDO DOES NOT ISSUE STABLECOINS AND MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE VALUE, STABILITY, LIQUIDITY, CONVERTIBILITY, OR FUTURE AVAILABILITY OF ANY STABLECOIN ASSET. USER EXPRESSLY ACKNOWLEDGES THAT STABLECOIN VALUES MAY FLUCTUATE, THAT REDEMPTION MECHANISMS MAY BE SUBJECT TO LIMITATIONS, AND THAT REGULATORY DEVELOPMENTS MAY MATERIALLY IMPACT STABLECOIN OPERATIONS.

12.3. Conversion Services Disclaimer.

CURRENCY CONVERSION RATES BETWEEN FIAT AND STABLECOINS ARE DETERMINED BY MARKET CONDITIONS AT THE TIME OF CONVERSION. KLYDO DOES NOT GUARANTEE FAVORABLE RATES, EXECUTION TIMING, OR THE CONTINUED AVAILABILITY OF CONVERSION SERVICES IN ANY JURISDICTION. CONVERSION OPERATIONS MAY BE AFFECTED BY BLOCKCHAIN NETWORK CONDITIONS, LIQUIDITY CONSTRAINTS, BANKING PARTNER POLICIES, OR REGULATORY REQUIREMENTS.

12.4. General Disclaimer.

THE VAULTLEAP PLATFORM IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, OR NON-INFRINGEMENT. KLYDO DOES NOT WARRANT THAT THE VAULTLEAP PLATFORM WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, OR THAT ANY DEFECTS WILL BE CORRECTED. KLYDO DOES NOT WARRANT THE ACCURACY, COMPLETENESS, OR RELIABILITY OF ANY INFORMATION OR CONTENT ON THE VAULTLEAP PLATFORM.

12.5. Limitation of Liability.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL KLYDO BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES (EVEN IF KLYDO HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), RESULTING FROM: (I) FLUCTUATIONS IN STABLECOIN VALUE; (II) DELAYS IN BANKING TRANSACTIONS OR BLOCKCHAIN OPERATIONS; (III) ACTIONS OF BANKING PARTNERS OR STABLECOIN ISSUERS; (IV) REGULATORY CHANGES AFFECTING FINANCIAL SERVICES OR DIGITAL ASSETS; (V) SECURITY BREACHES OF THIRD-PARTY WALLETS OR SERVICES; OR (VI) ANY OTHER MATTER RELATING TO THE PLATFORM, ITS CONTENT, OR SERVICES.

12.6. Liability Cap.

IN NO EVENT SHALL KLYDO'S TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING FROM OR RELATING TO THESE TERMS OR YOUR USE OF THE VAULTLEAP PLATFORM EXCEED THE GREATER OF: (I) THE AMOUNT OF FEES PAID BY YOU TO KLYDO DURING THE THREE (3) MONTHS IMMEDIATELY PRECEDING THE DATE ON WHICH THE CLAIM AROSE; OR (II) ONE HUNDRED DOLLARS ($100).

14.1. Applicable Law.

These Terms and any dispute arising out of or related to these Terms or your use of the VaultLeap Platform shall be governed by and construed in accordance with the laws of the State of California, without giving effect to any choice or conflict of law provisions.

14.2. Arbitration Agreement.

Except for small claims disputes in which you or Klydo seeks to bring an individual action in small claims court, or seeks injunctive or other equitable relief, any dispute, controversy or claim arising out of or relating to these Terms, the VaultLeap Platform, or any products or services provided by Klydo shall be settled by binding arbitration in accordance with the commercial arbitration rules of the American Arbitration Association ("AAA").

14.3. Arbitration Procedures.

The arbitration shall be conducted in San Francisco, California, by a single, neutral arbitrator selected by mutual agreement of the parties or, failing such agreement, in accordance with the AAA rules. The arbitrator's award shall be final and binding, and judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. The arbitrator shall have the authority to grant any remedy that would be available in court.

14.4. Class Action Waiver.

YOU AND KLYDO AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.

Further, unless both you and Klydo agree otherwise, the arbitrator may not consolidate more than one person's claims with your claims, and may not otherwise preside over any form of a representative or class proceeding.

16.1. Entire Agreement.

These Terms, together with the Privacy Policy and any other agreements expressly incorporated by reference herein, constitute the entire and exclusive understanding and agreement between you and Klydo regarding the VaultLeap Platform, and supersede and replace all prior oral or written understandings or agreements between you and Klydo regarding the VaultLeap Platform.

16.2. Severability.

If any provision of these Terms is held by a court of competent jurisdiction to be invalid, illegal, or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent possible, and the remaining provisions of these Terms will continue in full force and effect.

16.3. Waiver.

The failure of Klydo to exercise or enforce any right or provision of these Terms will not constitute a waiver of such right or provision. Any waiver of any provision of these Terms will be effective only if in writing and signed by Klydo.

16.4. Assignment.

You may not assign or transfer these Terms, by operation of law or otherwise, without Klydo's prior written consent. Any attempt by you to assign or transfer these Terms without such consent will be null and void. Klydo may assign or transfer these Terms, at its sole discretion, without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors, and permitted assigns.

16.5. Notices.

Any notices or other communications permitted or required hereunder, including those regarding modifications to these Terms, will be in writing and given by Klydo:

• (i) via email to the email address specified in your account; or
• (ii) by posting to the VaultLeap Platform.

For notices made by email, the date of receipt will be deemed the date on which such notice is transmitted.