Terms and Conditions

1. Parties and Scope

These Terms and Conditions ("Terms") constitute a legally binding agreement between you ("Participant", "User", "you", or "your") and Limytd AG, a Swiss corporation (Aktiengesellschaft) registered under UID CHE-135.702.391, with its registered office at Chamerstrasse 172, 6300 Zug, Switzerland ("Company", "we", "us", or "our").

These Terms govern your access to and use of the website located at https://presale.speax.ai/ (the "Website") and your participation in the presale of SPEAX tokens (the "Presale"). By accessing the Website or participating in the Presale, you acknowledge that you have read, understood, and agree to be bound by these Terms, as well as our Privacy Policy and Disclaimer, which are incorporated herein by reference.

2. Definitions

Term	Definition
SPEAX Token	A digital asset issued on the Apertum blockchain network representing a reservation for a security token with profit-sharing rights and a buy-back option.
Presale	The initial offering of SPEAX tokens conducted by the Company through the Website.
wUSDT	Wrapped USDT on the Apertum Network, the only accepted currency for participation in the Presale.
DeFi Platform	The decentralized finance platform operated by the Company, scheduled to launch by the end of June 2026.
Profit Pool	A percentage of the Company's net profits allocated for distribution to SPEAX token holders.

3. Nature of the SPEAX Token

3.1 Token Classification

The SPEAX token constitutes a reservation for a security token under Swiss law. By acquiring SPEAX tokens during the Presale, you are reserving the right to receive security tokens that entitle you to a proportional share of the Profit Pool generated by the Speax.ai platform. The tokens are issued in accordance with the Swiss Federal Act on Financial Services (FinSA) and the Swiss Federal Act on Financial Institutions (FinIA), and are designed to comply with the guidelines issued by the Swiss Financial Market Supervisory Authority (FINMA).

3.2 Profit-Sharing Rights

Holders of SPEAX tokens are entitled to receive a proportional share of the Profit Pool, which is funded by a percentage of the Company's net profits. The percentage allocated to the Profit Pool is determined by the total amount raised during the Presale, as follows:

Total Amount Raised	Profit Pool Percentage
Less than CHF/USD 1,000,000	5% of net profits
CHF/USD 1,000,000 to CHF/USD 1,500,000	7.5% of net profits
CHF/USD 1,500,000 or more	10% of net profits

Additionally, in the event of a sale or acquisition of the Company, SPEAX token holders shall be entitled to share in the acquisition proceeds proportionally to their token holdings.

3.3 Buy-Back Option

The Company reserves the right, at its sole discretion, to repurchase SPEAX tokens from holders at any time after the launch of the DeFi Platform. The terms and conditions of any such buy-back, including the price and timing, will be communicated to all token holders in advance through the Website and other official communication channels.

3.4 Refund Guarantee

In the event that the Speax.ai platform does not launch, or the Presale is cancelled for any reason, the Company guarantees a full refund of all contributions made by Participants. Refunds will be processed in wUSDT and sent to the same wallet address from which the original contribution was made. The Company will make reasonable efforts to process refunds within 30 days of the announcement of cancellation.

4. Presale Mechanics

4.1 Participation

To participate in the Presale, you must send wUSDT to the designated wallet address, which will be revealed on the Website at the commencement of the Presale on February 2, 2026, at 13:00 CET. Only wUSDT on the Apertum Network is accepted. Contributions made in any other currency or on any other network cannot be recovered and will not be eligible for SPEAX tokens or refunds.

4.2 Exchange Rate and Bonus Tiers

The base exchange rate for the Presale is 1 wUSDT = 1 SPEAX token. Early participants are eligible for bonus tokens based on the following tier structure:

Tier	Bonus	Eligibility
Tier 1	+30%	First 200 participants
Tier 2	+20%	Next 200 participants
Tier 3	+10%	Next 200 participants
Tier 4	0%	All subsequent participants

Bonus tiers are allocated on a first-come, first-served basis and are permanent once assigned.

4.3 Token Supply

The total supply of SPEAX tokens is determined by the total amount raised during the Presale, multiplied by two. For example, if CHF/USD 1,000,000 is raised, the total token supply will be 2,000,000 SPEAX tokens. Of this supply, 50% is allocated to Presale participants (including bonuses), and 50% is retained by the Company.

4.4 Token Distribution

SPEAX tokens will not be distributed immediately upon the conclusion of the Presale. The Company will first conduct a thorough analysis of all transactions to ensure compliance with applicable laws and regulations. Tokens will be issued and airdropped to Participants' wallet addresses by the end of June 2026, coinciding with the launch of the DeFi Platform. Participants will be able to claim and manage their tokens through the DeFi Platform.

5. Eligibility and Restrictions

5.1 Restricted Jurisdictions

The Presale is not available to residents or citizens of the following jurisdictions (collectively, "Restricted Jurisdictions"):

5.2 User Representations and Warranties

By accessing the Website and/or participating in the Presale, you represent and warrant that:

1. You are not a resident or citizen of any Restricted Jurisdiction.
2. You are not using a VPN, proxy, or any other method to disguise your location or to circumvent the geographic restrictions imposed by these Terms.
3. You are of legal age to form a binding contract in your jurisdiction of residence.
4. You have the legal capacity and authority to enter into these Terms.
5. You are participating in the Presale for your own account and not on behalf of any other person or entity.
6. You have read, understood, and agree to these Terms, the Privacy Policy, and the Disclaimer.
7. You understand the risks associated with cryptocurrency investments and are prepared to lose your entire contribution.

6. Risk Disclosure

6.1 General Risks

6.2 No Investment Advice

The information provided on the Website does not constitute investment, financial, legal, or tax advice. You should consult with your own advisors before participating in the Presale. The Company is not responsible for any decisions you make based on the information provided on the Website.

7. Intellectual Property

All content on the Website, including but not limited to text, graphics, logos, images, and software, is the property of the Company or its licensors and is protected by Swiss and international copyright, trademark, and other intellectual property laws. You may not reproduce, distribute, modify, or create derivative works of any content on the Website without the prior written consent of the Company.

8. Limitation of Liability

To the fullest extent permitted by Swiss law, the Company, its directors, officers, employees, agents, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, or any loss of profits, revenues, data, use, goodwill, or other intangible losses, arising out of or in connection with:

1. Your access to or use of, or inability to access or use, the Website or the Speax.ai platform.
2. Any conduct or content of any third party on the Website or the Speax.ai platform.
3. Any unauthorized access, use, or alteration of your transmissions or content.
4. Your participation in the Presale or your acquisition, holding, or use of SPEAX tokens.

9. Indemnification

You agree to indemnify, defend, and hold harmless the Company, its directors, officers, employees, agents, and affiliates from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with your violation of these Terms, your participation in the Presale, or your use of the Website or the Speax.ai platform.

10. Governing Law and Jurisdiction

These Terms and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the substantive laws of Switzerland, without regard to its conflict of laws principles.

Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of the Canton of Zug, Switzerland, with the right of appeal to the Swiss Federal Supreme Court.

11. Amendments

The Company reserves the right to amend these Terms at any time by posting the amended Terms on the Website. Any amendments will be effective immediately upon posting. Your continued use of the Website or participation in the Presale after the posting of amended Terms constitutes your acceptance of the amended Terms.

12. Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid, legal, and enforceable, or if such modification is not possible, such provision shall be severed from these Terms, and the remaining provisions shall continue in full force and effect.

13. Entire Agreement

These Terms, together with the Privacy Policy and the Disclaimer, constitute the entire agreement between you and the Company regarding your access to and use of the Website and your participation in the Presale, and supersede all prior and contemporaneous agreements, representations, and understandings, whether written or oral.

14. Contact Information

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