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Terms & Conditions

Effective Date: August 20, 2025

These Terms & Conditions ("Terms") govern your use of Sourcible.ai and services operated by Sourcible (the "Service"). By accessing or using the Service, you agree to these Terms and our Privacy Policy. If you do not agree, do not use the Service.

1. Modifications

We may modify these Terms at any time in our sole discretion. Changes are effective upon posting. Your continued use after posting constitutes acceptance.

2. Accounts & Eligibility

Some features require an account. You must provide accurate information, keep credentials secure, and are responsible for activity under your account.

3. Marketplace Role; Affiliate Participation

Sourcible operates a marketplace facilitating RFQs and transactions between buyers and suppliers. You acknowledge that Sourcible and/or its affiliates may, from time to time, participate as independent suppliers or sourcing partners within the marketplace and may fulfill RFQs directly or indirectly. Such participation does not constitute preferential treatment or a conflict of interest under these Terms.

4. RFQs, Lead Ownership & Test Inquiries

  • Lead Ownership: RFQs, inquiries, and buyer requests submitted through the Service are Sourcible property. We may route, distribute, fulfill, or decline any RFQ at our discretion, including via affiliates or third-party partners.
  • Unmatched RFQs: If no supplier listing matches an RFQ, Sourcible may fulfill such RFQ directly or via affiliates/partners.
  • Quality Audits: Sourcible may generate test RFQs/inquiries to monitor supplier responsiveness, data accuracy, anti-counterfeit compliance, service quality, and marketplace integrity.

5. Data; Content; IP

All site content, software, and materials are owned by Sourcible or licensors. Subject to our Privacy Policy, you grant us a non-exclusive license to host and process content you submit to operate and improve the Service.

6. Supplier Data Use

Sourcible may access and review supplier-provided data (e.g., listings, prices, quantities) in the ordinary course of operating the marketplace. Sourcible will not sell or disclose supplier-provided non-public data outside the marketplace context without consent, except as required by law. Affiliates acting as suppliers access and use marketplace data under the same general framework as other suppliers.

7. Ranking, Visibility & Discretion

You acknowledge that search ranking, visibility, routing, pricing displays, and eligibility are managed by Sourcible in its sole discretion to maintain a fair and effective marketplace. We make no guarantees regarding impressions, rankings, or outcomes.

8. Prohibited Conduct

  • Illegal, fraudulent, or deceptive activity;
  • Counterfeit, stolen, embargoed, or unsafe products;
  • Scraping, reverse engineering, or unauthorized access;
  • Interference with security or integrity of the Service.

9. Disclaimers

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND AVAILABILITY.

10. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, SOURCIBLE AND ITS AFFILIATES WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, REVENUE, GOODWILL, OR DATA. OUR AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THE SERVICE WILL NOT EXCEED THE GREATER OF ONE HUNDRED DOLLARS (US$100) OR THE AMOUNTS PAID BY YOU TO SOURCIBLE FOR THE SERVICE IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM.

11. Indemnification

You agree to defend, indemnify, and hold harmless Sourcible and its affiliates from claims arising out of your use of the Service, your content, or your violation of these Terms or law.

12. Governing Law; Venue; Arbitration; Class Waiver

These Terms are governed by the laws of the State of Alabama, without regard to conflicts principles. Any dispute will be resolved by binding arbitration under the Federal Arbitration Act before a single arbitrator seated in Dothan, Alabama, administered by JAMS or AAA under applicable rules. YOU WAIVE ANY RIGHT TO A JURY TRIAL OR TO PARTICIPATE IN A CLASS ACTION. Either party may seek injunctive relief or small claims actions in a court of competent jurisdiction in Houston County, Alabama.

13. Termination

We may suspend or terminate access at any time for any reason, including risk, fraud, or non-compliance.

14. Miscellaneous

  • Force majeure applies to delays/failures beyond reasonable control.
  • Severability and waiver per standard terms.
  • These Terms constitute the entire agreement regarding the Service.

Questions? Email support@sourcible.ai

This template is provided for convenience and is not legal advice. Consider review by counsel.