Priceflag Back to site

Agreements

Terms of service and merchant agreement · Drafted · Effective [EFFECTIVE DATE] · Not yet in force

Draft — five items to complete, then legal review

This is a researched template, not finished legal copy. It was written against Shopify's published App Store and API requirements and ordinary SaaS practice, but it has not been reviewed by a lawyer and it forms no binding agreement with anyone in this state. That review has to happen before Priceflag takes its first merchant.

Counsel should also decide whether to add an arbitration clause and class-action waiver, and whether consumer-protection rules in any target market override the choice of law.

Five facts cannot be determined from research. They are marked like this below and listed here:

1. Accepting these terms

These terms form an agreement between you and [COMPANY LEGAL NAME] ("Priceflag", "we", "us") covering the Priceflag Shopify app, the Priceflag web application, the priceflag.com site and everything we provide through them (together, the "Service").

You accept them by installing the app on a Shopify store, creating an account, or using the Service in any way. If you accept on behalf of a company, you confirm you are authorised to bind it, and "you" means that company.

If you do not agree, do not install the app. Our Privacy Policy is part of this agreement and is incorporated by reference. Your separate agreements with Shopify continue to apply and nothing here overrides them.

2. What the Service does

Priceflag helps Shopify merchants change prices deliberately rather than blindly. It:

A forecast is a statistical estimate from past data. It is not a guarantee, not a prediction of revenue, and not advice about what you should charge. What actually happens depends on seasonality, competitors, inventory, marketing and a great many things Priceflag cannot observe.

We may add, change or remove features as the product develops. If we materially reduce functionality you depend on, we will give you reasonable notice first.

3. Eligibility and your account

4. Your prices remain your responsibility

This is the most important section on the page, so it is stated plainly rather than in legal register.

5. What automation can and cannot promise

Guardrail monitoring and automatic rollback are the features people rely on most, so it is worth being exact about what they depend on. Each of these can fail, and a failure means a price stays live when you expected it to be pulled.

We commit to building these mechanisms carefully and to telling you when they fail. We do not and cannot warrant that a guardrail will always be detected or that a rollback will always execute.

6. Acceptable use

You may not, and may not permit anyone else to:

We may investigate suspected breaches and suspend access while we do. Where suspension is not urgent, we will tell you first.

7. Fees and billing

8. Your data

It stays yours. Your store data, your product and order records, and the experiment configurations you create belong to you. You grant us a limited licence to host, process, transmit and display that data solely to operate the Service for you and as described in the Privacy Policy.

We act on your instructions. For the personal data inside your store we are a processor and you are the controller. We will process it only to provide the Service, assist you with data subject requests, and honour Shopify's mandatory compliance webhooks — customers/data_request, customers/redact and shop/redact — which reach us automatically. If you need a signed data processing agreement, ask at the address in section 18.

Aggregated statistics. We may produce de-identified, aggregated statistics that cannot reasonably be linked back to you, your store or your customers, and use them to improve and describe the Service. We will not publish anything that discloses your individual prices, costs, margins or performance.

Deletion. Shopify's API terms require us to delete every copy of your data within 30 days of uninstall or termination, except where law requires retention. Export anything you want to keep before you go.

Feedback. If you send us suggestions we may use them freely, without obligation or payment to you.

9. Intellectual property

The Service — the software, the forecasting models, the interface, the documentation, and the Priceflag name and marks — belongs to us and our licensors. We grant you a limited, non-exclusive, non-transferable, revocable right to use it while your account is in good standing and you comply with these terms. No rights are granted beyond that, and nothing here transfers ownership of anything.

10. Shopify and other dependencies

Priceflag runs on Shopify and cannot work without it. Your use of Shopify is governed by your agreement with Shopify, not by us. We are not responsible for Shopify's availability, API behaviour, rate limits, data accuracy, deprecations or platform changes, and any of those can stop forecasts, rollouts, guardrail monitoring or automatic rollbacks from working.

11. Availability and support

We aim to keep the Service available continuously, but we do not offer a service level agreement or an uptime guarantee, and we may take the Service down for maintenance. Where maintenance is planned and likely to interrupt an active experiment, we will give notice in the app.

Support runs by email at hello@priceflag.com during business hours. We try to answer quickly and we do not promise a response time.

12. Disclaimers

To the fullest extent the law permits, the Service is provided "as is" and "as available", without warranties of any kind, express, implied or statutory, including merchantability, fitness for a particular purpose, title, accuracy and non-infringement.

We do not warrant that the Service will be uninterrupted, timely, secure or error-free; that any forecast will prove accurate; that a guardrail breach will always be detected; that a rollback will always execute or execute in time; or that using Priceflag will increase your revenue, margin or profit. Priceflag is a tool. It is not financial, tax, legal, accounting or investment advice.

Some jurisdictions do not allow certain exclusions, so parts of this section may not apply to you, and nothing here removes rights you hold that cannot be excluded by contract.

13. Limitation of liability

To the fullest extent the law permits, neither party is liable for indirect, incidental, special, consequential, exemplary or punitive damages, or for lost profits, lost revenue, lost margin, lost sales, lost goodwill, business interruption or lost data, even if it was warned such losses were possible.

Our total aggregate liability arising out of or relating to these terms or the Service will not exceed the greater of [LIABILITY CAP] and the fees you paid us in the twelve months immediately before the event giving rise to the claim.

Nothing here limits liability that cannot lawfully be limited, including liability for fraud or fraudulent misrepresentation, for wilful misconduct, or for death or personal injury caused by negligence.

These limits reflect an allocation of risk that both parties accept, and the fees for the Service are set on that basis.

14. Indemnification

You will defend, indemnify and hold harmless Priceflag and its officers, employees and agents against any third-party claim, and any resulting loss, liability, damages, cost and reasonable legal fees, arising from the prices you set, your use of the Service, the data you connect to it, your breach of these terms, or your violation of any law or third-party right.

We will notify you promptly of any such claim, give you reasonable control of the defence, and cooperate at your expense. You may not agree a settlement that imposes any obligation or admission on us without our written consent.

15. Term and termination

16. Changes to these terms

We may update these terms as the Service changes and as the law does. The date at the top reflects the current version. For material changes we will give at least 30 days' notice by email or in the app. Continuing to use the Service after a change takes effect means you accept it; if you do not, cancel and uninstall before then.

17. Governing law and disputes

These terms are governed by the laws of [GOVERNING LAW AND VENUE], without regard to conflict-of-law rules, and the courts there have exclusive jurisdiction — subject to any mandatory rights you hold under the law where you live or trade.

We would much rather fix a problem than litigate one. Before filing anything, email hello@priceflag.com with a description of the dispute and what you want, and give us 30 days to work it out with you in good faith. That period does not limit either party from seeking urgent injunctive relief.

18. General

19. Contact us

Questions about these terms, or anything on this page that looks wrong: hello@priceflag.com.

Formal legal notices: [COMPANY LEGAL NAME], [REGISTERED ADDRESS].


See also the Privacy Policy describing how we handle your data.