Nereus — operated by Demersal, Inc.
Effective Date: April 11, 2026 Last Updated: April 11, 2026
These Terms of Service ("Terms") constitute a legally binding agreement between you ("Customer," "you," or "your") and Demersal, Inc., a Delaware corporation ("Demersal," "we," "us," or "our"), governing your access to and use of the Nereus platform available at usenereus.com and any related services (collectively, the "Service").
By clicking "I Agree," creating an account, or otherwise accessing the Service, you agree to be bound by these Terms. If you are entering into these Terms on behalf of an organization, you represent that you have the authority to bind that organization, and "Customer" refers to that organization.
If you do not agree to these Terms, do not use the Service.
"Agreement Data" means the structured metadata extracted from Customer's documents by the Service, including but not limited to party names, dates, financial terms, governing law, and related fields stored in the Nereus database.
"Authorized User" means any individual granted access to the Service under Customer's account, including team members invited by Customer.
"Customer Data" means all data, content, and information that Customer provides, uploads, or makes accessible to the Service, including documents shared via Google Drive and the Agreement Data derived from them.
"Service" means the Nereus platform, including all software, APIs, features, and related documentation provided by Demersal.
The Service is intended for use by businesses, organizations, and professionals. You must be at least 18 years old and capable of entering into a binding contract to use the Service.
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You must notify us immediately at jon@demersal.tech of any unauthorized use of your account.
The Service uses Google OAuth 2.0 for authentication. By signing in, you authorize Demersal to receive your name, email address, and profile picture from Google for account management purposes. Demersal does not receive or store your Google password.
During the beta period, access to the Service requires a valid invitation or referral code. Demersal reserves the right to limit, suspend, or revoke beta access at any time and for any reason.
If you invite Authorized Users to your workspace, you are responsible for their compliance with these Terms. Any act or omission by an Authorized User that would constitute a breach of these Terms if performed by Customer shall be deemed a breach by Customer. You may revoke access to any Authorized User at any time through the Service's settings.
Subject to these Terms and payment of applicable fees, Demersal grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Service during the term of your account solely for your internal business purposes.
You shall not:
(a) sublicense, sell, resell, lease, or otherwise transfer rights to the Service;
(b) modify, reverse engineer, decompile, or disassemble the Service or any component thereof, or attempt to extract proprietary algorithms, prompt templates, or AI system instructions;
(c) copy, frame, or mirror any part of the Service other than for your own internal business purposes;
(d) access the Service to build, improve, or benchmark a competing product or service;
(e) use the Service in violation of any applicable law or regulation;
(f) use the Service to process data you do not have the legal right to process;
(g) attempt to gain unauthorized access to the Service, other accounts, or related systems or networks;
(h) interfere with, disrupt, or degrade the performance or availability of the Service;
(i) use automated tools (bots, scrapers, crawlers) to access the Service in a manner not authorized by Demersal, or circumvent any usage limits, rate limits, or access controls;
(j) upload or process documents containing malware, viruses, or other harmful code;
(k) impersonate any person or entity, or use the Service to generate misleading or fraudulent records;
(l) share your account credentials with unauthorized parties; or
(m) use the Service to facilitate money laundering, terrorist financing, or sanctions evasion.
Document sync operations consume API resources. Deliberate or reckless overuse — such as repeatedly re-syncing unchanged documents — may result in usage restrictions or temporary suspension.
Demersal reserves the right to investigate and take appropriate action against any violation of these restrictions, including issuing a warning, temporarily suspending your account, permanently terminating your account, removing offending data, or reporting violations to law enforcement where required or appropriate. Demersal will make reasonable efforts to notify you before taking enforcement action, except where immediate action is necessary to protect the Service, other users, or comply with law.
You retain all right, title, and interest in and to your Customer Data. Demersal acquires no ownership rights in Customer Data.
You grant Demersal a limited, non-exclusive license to access, use, and process your Customer Data solely as necessary to provide, maintain, and improve the Service. This license terminates when your Customer Data is deleted from the Service.
The Service accesses your documents via read-only Google Drive integration. Demersal does not store copies of your original documents. The Service stores only extracted metadata (Agreement Data) and references your source documents by URL.
The Service uses the Anthropic Claude API to analyze your documents and extract Agreement Data. By using the Service, you acknowledge and consent to the transmission of your document content to Anthropic's API for processing. Anthropic's commercial API terms prohibit the use of API inputs and outputs for model training. Anthropic retains API data for a limited period for operational and safety purposes, as described in their commercial terms at anthropic.com/policies. See our Privacy Policy for further detail.
Demersal retains all right, title, and interest in and to the Service, including all software, algorithms, user interfaces, designs, documentation, and any improvements, modifications, or derivative works thereof, whether or not created based on Customer feedback. Nothing in these Terms transfers any Demersal intellectual property to you.
If you provide suggestions, ideas, enhancement requests, or other feedback regarding the Service ("Feedback"), you grant Demersal an unrestricted, perpetual, irrevocable, royalty-free license to use, modify, and incorporate such Feedback into the Service without obligation to you.
Demersal may generate aggregated, anonymized, and de-identified data derived from your use of the Service ("Aggregated Data") that cannot reasonably be used to identify you or any individual. Demersal may use Aggregated Data for any lawful business purpose, including product improvement, analytics, and benchmarking.
Access to the Service is subject to the fees described in the applicable pricing plan, including free-tier plans with usage limits. Fees are based on document count as described in the plan documentation.
Fees are billed in advance on a recurring basis (monthly or annually, as selected). All fees are non-refundable except as expressly stated in these Terms or required by law.
When paid plans are available, payment processing will be handled by Stripe, Inc. ("Stripe"), a PCI-compliant third-party payment processor. Demersal does not store your payment card information. Your use of Stripe's services is subject to Stripe's terms of service.
If your usage exceeds the limits of your plan, Demersal may restrict certain functionality (placing your account in "frozen" status) until you upgrade your plan or reduce usage. While frozen, your existing data remains accessible in read-only mode, but sync, edit, and folder management operations are disabled. Demersal will provide notice before freezing your account.
Fees are exclusive of all taxes, levies, or duties imposed by taxing authorities. You are responsible for payment of all applicable taxes, excluding taxes based on Demersal's net income.
During the beta period, the Service may be provided at no charge or at reduced rates. Demersal reserves the right to introduce or modify pricing upon general availability with reasonable advance notice.
Demersal will use commercially reasonable efforts to make the Service available, but does not guarantee uninterrupted or error-free operation. The Service may be temporarily unavailable for scheduled or emergency maintenance.
Demersal reserves the right to modify, update, or discontinue any feature of the Service at any time. For material changes that reduce core functionality, Demersal will provide reasonable advance notice.
Support is available via email at jon@demersal.tech during the beta period. Support terms may change with the introduction of paid plans.
These Terms are effective upon your acceptance and remain in effect until terminated by either party.
You may terminate your account at any time by contacting us at jon@demersal.tech. Upon termination, your access to the Service will cease and your Agreement Data will be scheduled for deletion.
Demersal may suspend or terminate your access to the Service immediately upon notice if you breach these Terms or if required to do so by law. Demersal may also terminate your account for convenience with 30 days' advance notice.
Upon termination: (a) your license to use the Service terminates immediately; (b) you remain liable for any fees incurred prior to termination; and (c) Demersal will delete your Customer Data within 30 days of termination, unless retention is required by law.
Sections 4 (Intellectual Property), 8 (Disclaimers), 9 (Limitation of Liability), 10 (Indemnification), 11 (Confidentiality), and 12 (General) survive termination.
THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.
DEMERSAL DOES NOT WARRANT THAT: (A) THE SERVICE WILL MEET YOUR REQUIREMENTS; (B) THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE; (C) THE AGREEMENT DATA EXTRACTED BY THE SERVICE WILL BE ACCURATE, COMPLETE, OR RELIABLE; OR (D) ANY DEFECTS IN THE SERVICE WILL BE CORRECTED.
THE SERVICE USES ARTIFICIAL INTELLIGENCE TO EXTRACT METADATA FROM YOUR DOCUMENTS. AI-GENERATED OUTPUT MAY CONTAIN ERRORS OR OMISSIONS. YOU ARE SOLELY RESPONSIBLE FOR REVIEWING AND VERIFYING ALL AGREEMENT DATA BEFORE RELYING ON IT FOR ANY BUSINESS, LEGAL, OR FINANCIAL DECISION.
THE SERVICE DOES NOT PROVIDE LEGAL, FINANCIAL, TAX, OR PROFESSIONAL ADVICE.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL DEMERSAL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, BUSINESS, OR GOODWILL, ARISING OUT OF OR RELATED TO THESE TERMS OR THE SERVICE, REGARDLESS OF THE THEORY OF LIABILITY AND EVEN IF DEMERSAL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, DEMERSAL'S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THESE TERMS OR THE SERVICE SHALL NOT EXCEED THE GREATER OF: (A) THE AMOUNTS PAID BY YOU TO DEMERSAL IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM; OR (B) ONE HUNDRED U.S. DOLLARS ($100).
THE LIMITATIONS IN THIS SECTION REFLECT THE ALLOCATION OF RISK BETWEEN THE PARTIES AND ARE AN ESSENTIAL BASIS OF THE BARGAIN BETWEEN THE PARTIES.
You agree to indemnify, defend, and hold harmless Demersal and its officers, directors, employees, and agents from and against any third-party claims, damages, losses, liabilities, and expenses (including reasonable attorneys' fees) arising out of or related to: (a) your use of the Service in violation of these Terms; (b) your breach of any representation or warranty in these Terms; (c) your Customer Data; or (d) your violation of any applicable law or regulation.
Each party agrees to protect the other party's confidential information with the same degree of care it uses to protect its own confidential information, but in no event less than reasonable care. Confidential information does not include information that: (a) is or becomes publicly available through no fault of the receiving party; (b) was known to the receiving party prior to disclosure; (c) is independently developed by the receiving party without use of the disclosing party's confidential information; or (d) is rightfully received from a third party without restriction.
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of laws provisions.
Any dispute arising under these Terms shall be subject to the exclusive jurisdiction of the state and federal courts located in the State of Delaware, and each party consents to the personal jurisdiction of such courts.
These Terms, together with the Privacy Policy and any applicable order form or plan documentation, constitute the entire agreement between you and Demersal with respect to the Service and supersede all prior agreements and understandings.
Demersal may update these Terms from time to time by posting the revised version at usenereus.com/terms. Material changes will be communicated via email or in-app notice at least 14 days in advance. Your continued use of the Service after the effective date of any changes constitutes acceptance of the revised Terms.
You may not assign these Terms without Demersal's prior written consent. Demersal may assign these Terms in connection with a merger, acquisition, or sale of all or substantially all of its assets.
If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
The failure of either party to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.
Neither party shall be liable for delays or failures in performance resulting from causes beyond its reasonable control, including but not limited to acts of God, natural disasters, pandemics, war, terrorism, labor disputes, government actions, or failures of third-party services.
Notices under these Terms shall be sent to jon@demersal.tech for Demersal and to the email address associated with your account for Customer.
If you have questions about these Terms, contact us at:
Demersal, Inc. Email: jon@demersal.tech