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Valtik Studios

Terms of Service

Last updated: December 19, 2025

These Terms of Service ("Terms") govern your access to and use of Lokd.ai and any related websites, applications, and services (collectively, the "Services") provided by Valtik Studios LLC ("Valtik", "we", "our", or "us"). By accessing or using the Services, you agree to these Terms and our Privacy Policy.

1. Eligibility

You must be at least 13 years old to use the Services. If you are under 18 years old (or the age of majority in your jurisdiction), you may only use the Services with the consent and supervision of a parent or legal guardian who agrees to be bound by these Terms. By using the Services, you represent that you meet these eligibility requirements.

Parents and guardians are responsible for the activities of their minor children when using the Services and agree to be bound by these Terms on behalf of such minors. We do not knowingly collect personal information from children under 13 years of age.

2. Accounts

To use certain features, you may need to create an account. You agree to provide accurate information, maintain the security of your account credentials, and promptly notify us of any unauthorized access or use.

You are responsible for all activity that occurs under your account.

3. The Services

Lokd.ai is a goal, planning, and accountability experience that may include community and social features such as groups, invitations, shared goals, leaderboards, and in-app messaging. You are responsible for how you use the Services and for the content you submit.

4. Subscriptions, Billing, Cancellation, and Refunds

Some features may require a paid subscription. When you purchase a subscription, you authorize us (and our payment partners) to charge the applicable subscription fee and any taxes on a recurring basis (for example, monthly) until you cancel.

  • Billing partners: Payments may be processed by third parties such as Stripe and Superwall.
  • Auto-renewal: Unless you cancel before your renewal date, your subscription may renew automatically at the then-current rate.
  • Price changes: We may change pricing or plans. If required, we will provide notice and the change will take effect on a future billing cycle.

Cancellation Policy

You may cancel your subscription at any time through your account settings or by contacting us. Upon cancellation:

  • You will not be charged for the next billing period
  • You will retain access to paid features through the end of your current paid period
  • After your paid period ends, your account will revert to free tier access

Refund Policy

All payments are non-refundable except where required by applicable law. We do not provide refunds or credits for partial subscription periods, unused features, or account cancellation. If you believe you are entitled to a refund under applicable law, please contact us at pb@valtikstudios.com.

5. Financial Commitments and Forfeiture

The Services may include features that allow you to make voluntary financial commitments ("Pledges") tied to your goals as an accountability mechanism. By participating in these features, you acknowledge and agree to the following:

Voluntary Participation

All financial commitments are entirely voluntary. You are not required to make any Pledge to use the Services. Making a Pledge is your personal decision and carries inherent financial risk.

Goal Outcome Determination

Goal outcomes (success or failure) are determined based on the criteria you set when creating the goal, your self-reported progress, and any verification methods specified in the goal settings. We rely on information you provide and do not independently verify goal completion unless otherwise stated.

Forfeiture Conditions

  • If you fail to complete a goal by the specified deadline, any associated Pledge may be forfeited according to the terms you agreed to when creating the goal
  • Forfeited funds may be donated to charity, distributed to accountability partners, or retained as specified in the goal settings
  • Once a Pledge is forfeited, it is non-refundable

Risk Acknowledgment

You acknowledge that financial commitments involve the risk of losing money. You should only pledge amounts you can afford to lose. We are not responsible for any financial loss resulting from your participation in these features.

Minors and Financial Features

If you are under 18, you must have your parent or legal guardian's consent before making any financial commitments or Pledges. Parents and guardians are responsible for any financial commitments made by their minor children and agree to be bound by the terms of such commitments.

6. User Content and Community Rules

The Services may allow you to submit or share content, including messages, goals, profile information, and other materials ("User Content"). You retain ownership of your User Content.

By providing User Content, you grant us a worldwide, non-exclusive, royalty-free license to host, store, reproduce, process, and display your User Content as necessary to operate, provide, and improve the Services.

You agree not to use the Services to:

  • Break the law, violate the rights of others, or encourage illegal activity
  • Harass, threaten, or bully others, or engage in hateful or abusive conduct
  • Post content that is deceptive, fraudulent, or impersonates another person or entity
  • Send spam or attempt to manipulate leaderboards, scores, or other metrics
  • Upload malware or attempt to access or probe our systems without authorization

We may remove content or restrict access to the Services if we believe content or behavior violates these Terms or creates risk to users, us, or third parties.

7. AI Features and Disclaimers

The Services may include features that generate content using artificial intelligence. AI output may be inaccurate or incomplete and may not reflect real-world conditions. You are responsible for verifying any information before relying on it.

No professional advice: The Services do not provide medical, legal, tax, or financial advice. If you need professional advice, consult a qualified professional.

8. Third-Party Services

The Services may rely on third-party services (for example, infrastructure providers, AI providers, and payment processors). Your use of third-party services may be subject to their separate terms and policies.

9. Intellectual Property

The Services, including their design, text, graphics, logos, and software, are owned by or licensed to Valtik and are protected by intellectual property laws. Except as expressly permitted, you may not copy, modify, distribute, sell, or lease any part of the Services.

10. Termination

You may stop using the Services at any time. We may suspend or terminate your access to the Services (including your account) if you violate these Terms or if we believe your use creates risk or harm.

Effect of Termination on Funds

Upon termination or suspension of your account: (a) any active subscription will be cancelled and no further charges will be made; (b) you will not receive a refund for any unused portion of your current subscription period; (c) any pending Pledges will be processed according to their original terms; (d) forfeited funds cannot be recovered; and (e) any remaining balance in your account, if applicable, will be handled in accordance with our then-current policies and applicable law.

11. Disclaimer of Warranties

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE." TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT GUARANTEE THAT THE SERVICES WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE.

12. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, VALTIK STUDIOS LLC WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, OR GOODWILL, ARISING OUT OF OR RELATED TO YOUR USE OF (OR INABILITY TO USE) THE SERVICES.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, OUR TOTAL LIABILITY TO YOU FOR ANY CLAIMS ARISING OUT OF OR RELATED TO THESE TERMS OR THE SERVICES SHALL NOT EXCEED THE GREATER OF: (A) THE AMOUNT YOU PAID US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED DOLLARS ($100 USD). THIS LIMITATION APPLIES TO ALL CLAIMS, WHETHER BASED ON WARRANTY, CONTRACT, TORT, STATUTE, OR ANY OTHER LEGAL THEORY.

13. Indemnification

You agree to indemnify and hold harmless Valtik and its affiliates, officers, employees, and agents from any claims, liabilities, damages, losses, and expenses (including reasonable attorneys' fees) arising out of or related to your use of the Services or your violation of these Terms.

14. Dispute Resolution and Arbitration

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT.

Agreement to Arbitrate

You and Valtik agree that any dispute, claim, or controversy arising out of or relating to these Terms or the Services (collectively, "Disputes") will be resolved exclusively through binding individual arbitration, rather than in court, except that: (a) you or Valtik may assert claims in small claims court if the claims qualify; and (b) you or Valtik may seek equitable relief in court for infringement or misuse of intellectual property rights.

Arbitration Rules and Location

Arbitration will be conducted by the American Arbitration Association ("AAA") under its Consumer Arbitration Rules, or by another mutually agreed arbitration provider. The arbitration shall take place in Hartford County, Connecticut, or at another mutually agreed location. You may also elect to participate by phone or video conference. The arbitrator's decision will be final and binding.

Class Action Waiver

YOU AND VALTIK AGREE THAT EACH PARTY MAY BRING DISPUTES AGAINST THE OTHER ONLY IN AN INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING. The arbitrator may not consolidate more than one person's claims and may not otherwise preside over any form of class or representative proceeding.

Opt-Out Right

You may opt out of this arbitration agreement by sending written notice to pb@valtikstudios.com within thirty (30) days of first accepting these Terms. Your notice must include your name, address, email address, and a clear statement that you wish to opt out of the arbitration agreement. If you opt out, you and Valtik agree to resolve Disputes exclusively in the state or federal courts located in Connecticut.

Survival

This arbitration agreement will survive termination of your relationship with Valtik.

15. Governing Law and Venue

These Terms are governed by the laws of the State of Connecticut, excluding its conflict-of-law rules. To the extent any dispute is permitted to be brought in court, you and Valtik agree to the exclusive jurisdiction and venue of the state and federal courts located in Hartford County, Connecticut.

16. General Provisions

Force Majeure

Neither party shall be liable for any failure or delay in performing their obligations under these Terms where such failure or delay results from causes beyond their reasonable control, including but not limited to: acts of God, natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, epidemics or pandemics, strikes, power outages, internet or telecommunications failures, third-party service provider failures (including payment processors), or changes in applicable laws or regulations. During any such event, the affected party's obligations shall be suspended for the duration of the force majeure event.

Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid or unenforceable provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving the parties' original intent.

Assignment

You may not assign or transfer these Terms or your rights hereunder without our prior written consent. We may assign or transfer these Terms, in whole or in part, without restriction, including in connection with a merger, acquisition, reorganization, or sale of assets. Any attempted assignment in violation of this section shall be void.

Entire Agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and Valtik regarding the Services and supersede all prior agreements and understandings.

Waiver

Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

17. Changes to These Terms

We may update these Terms from time to time. If we make changes, we will update the "Last updated" date above. Your continued use of the Services after the effective date of revised Terms constitutes your acceptance of the updated Terms.

18. Contact Us

If you have questions about these Terms, contact us at:

Email: pb@valtikstudios.com
Mailing address: Valtik Studios LLC, Wethersfield, CT 06109, United States
Website: valtikstudios.com