Legal
Form 4 Agent, LLC Terms of Service
Last Updated: October 4, 2026
If you signed a separate Cover Page to access the Product with the same account, and that agreement has not ended, the terms below do not apply to you. Instead, your separate Cover Page applies to your use of the Product.
This Agreement is between Form 4 Agent, LLC and the company or person accessing or using the Product. This Agreement consists of: (1) the Order Form below and (2) the Framework Terms defined below.
If you are accessing or using the Product on behalf of your company, you represent that you are authorized to accept this Agreement on behalf of your company. By signing up, accessing, or using the Product, Customer indicates its acceptance of this Agreement and agrees to be bound by the terms and conditions of this Agreement.
1. Order Form
- Framework Terms
This Order Form incorporates and is governed by the Framework Terms that are made up of the Key Terms below and the Common Paper Cloud Service Agreement Standard Terms Version 2.1 (https://commonpaper.com/standards/cloud-service-agreement/2.1/), which are incorporated by reference. Any modifications to the Standard Terms made in the Cover Page will control over conflicts with the Standard Terms. Capitalized words have the meanings given in the Cover Page or the Standard Terms.
- Cloud Service
An artificial intelligence powered drafting agent designed specifically to draft Exchange Act Section 16(a) beneficial ownership reports, including Forms 3, 4, and 5.
- Order Date
The Effective Date.
- Subscription Period
One year.
- Fees
While the Cloud Service is a Beta Product, there are no Fees for Customer’s use of the Product (https://section16agent.com/pricing). Provider may change the Fees by giving at least 30 days’ notice to Customer (including by email or notification within the Product). Any change will apply starting with the next Subscription Period, and Customer’s renewal or continued use of the Product after the new Fees take effect constitutes Customer’s acceptance of the new Fees.
- Payment Process
Automatic payment: If there are any applicable Fees, Customer authorizes Provider to bill and charge Customer’s payment method on file every 3 months for immediate payment or deduction without further approval. For the avoidance of doubt, while the Cloud Service is a Beta Product, Customer will not be charged any Fees.
- Non-Renewal Notice Date
At least 30 days before the end of the current Subscription Period.
- Use Limitations
10 form generations. Once Customer reaches this limit, Customer’s access to the Cloud Service will be suspended unless the parties enter into a separate design partner agreement. Unless agreed otherwise in that agreement, there will similarly be no Fees for Customer’s use of the Product (https://section16agent.com/pricing).
- Technical Support
Email support at contact@section16agent.com. Provider does not commit to any response time.
- Beta Product
Customer acknowledges that the Cloud Service is currently a Beta Product, and Section 12.7 (Beta Products) of the Standard Terms applies to Customer’s use of the Cloud Service.
2. Key Terms
- Customer
The company or person who accesses or uses the Product. If the person accepting this Agreement is doing so on behalf of a company, all use of the word “Customer” in the Agreement will mean that company.
- Provider
Form 4 Agent, LLC
- Effective Date
The date Customer first accepts this Agreement.
- Governing Law
The laws of the State of Delaware.
- Chosen Courts
The state or federal courts located in Delaware.
- General Cap Amount
The greater of (a) $100 and (b) the Fees paid or payable by Customer to Provider in the 12-month period immediately before the claim.
- Increased Claims
None.
- Increased Cap Amount
Not applicable.
- Unlimited Claims
None.
- Provider Covered Claims
None.
- Customer Covered Claims
None.
- Additional Warranties
None.
- Notice Address
For Provider: contact@section16agent.com
For Customer: The main email address on Customer’s account.
3. Changes to the Standard Terms
The following Changes to the Standard Terms form part of the Key Terms and control over any conflicting provision of the Standard Terms.
No Legal Advice; No Filing Agent; No Reliance
Any outputs generated for Customer by the Product (“Output”) are draft materials only. As between the parties, Output is Customer Content, and Customer owns all Output. Customer is solely responsible for reviewing, validating, editing, approving, and determining whether any Output is accurate, complete, legally sufficient, appropriate, or ready for any use or submission. Customer will not rely on any Output without independent review by Customer or its advisors. This section is in addition to, and does not limit, Section 7 (Disclaimer of Warranties) of the Standard Terms.
The Product is a software tool only. The Product and its Output do not constitute legal advice, legal opinion, legal services, compliance advice, or filing services. Provider is not a law firm, is not acting as Customer’s attorney or representative, and does not file with the U.S. Securities and Exchange Commission or EDGAR or act as a filing agent on Customer’s behalf. Any configuration assistance, onboarding, product support, examples, or explanations are provided solely to facilitate use of the software and do not constitute legal, compliance, filing, or professional services.
No communications by Provider personnel, including product support, onboarding, demonstrations, or explanations of Product functionality, constitute legal advice or create an attorney-client relationship.
Termination for Convenience
In addition to Section 5.3 (Termination) of the Standard Terms, either party may terminate the Agreement for any reason upon seven business days’ notice to the other party.
Live Data; Sensitive Data; Risk Allocation
Customer acknowledges that the Product may be used in connection with confidential, commercially sensitive, or material non-public information, including information relating to securities transactions and related compliance matters. Any such use is at Customer’s sole risk, without limiting Provider’s obligations under Section 3 (Privacy & Security) and Section 10 (Confidentiality) of the Standard Terms.
Customer Content may be processed by Provider’s third-party hosting, infrastructure, security, analytics, and artificial intelligence service providers as necessary to provide and operate the Product, in accordance with Section 10.4 (Permitted Disclosures) of the Standard Terms and subject to applicable confidentiality and data protection obligations. Although Section 1.6 (Machine Learning) of the Standard Terms permits it, Provider does not currently use Customer Content or Output to develop, train, or enhance artificial intelligence or machine learning models, and Provider will give Customer at least 30 days’ notice before doing so.
Descriptions of the Product and Its Configuration
Descriptions of the Product’s architecture, configuration, data handling, retention, and security controls, whether provided in documentation, security questionnaires, onboarding materials, demonstrations, or other communications, are provided for information only, are accurate to Provider’s knowledge as of the date given, and are subject to change. Customer may request verification of any specific item, and Provider will provide reasonable supporting evidence. Such descriptions are not warranties and do not modify Section 7 (Disclaimer of Warranties) of the Standard Terms.