PARGamma

Terms of Service

Conditions for using PARGamma’s research publications and applied intelligence materials

Effective Date: January 31, 2026

1. Introduction

PARGamma (“PARGamma,” “we,” “our,” or “us”) is a financial research and applied intelligence platform focused on structural analysis of income instruments, capital hierarchy, liquidity behavior, and regime-dependent outcomes.

We publish educational research, newsletters, and analytical frameworks and may offer applied research access, institutional licensing, or commissioned work under separate agreement. PARGamma does not sell datasets, trading signals, or personalized investment advice.

All PARGamma materials are licensed for review and internal reference under limited, revocable terms. Access does not convey ownership, derivative rights, redistribution privileges, or advisory authority. All materials remain proprietary to PARGamma.

These Terms govern your use of pargamma.com and related materials. By accessing or using the Site, you agree to these Terms.

2. Purpose and Use of the Site

a) Research & Educational Purpose

The Site hosts public research articles, newsletters, and descriptive information regarding applied or institutional access. Public materials do not disclose proprietary models, internal methodologies, or non-public analytical systems.

b) Eligibility

You may use the Site only if you are the age of majority in your jurisdiction and legally capable of entering a binding agreement.

c) Permitted Use

You may:

• Read and reference public materials

• Subscribe to newsletters

• Cite excerpts with attribution as permitted below

• Inquire about institutional research access or licensing

All use must comply with these Terms and applicable law.

d) Prohibited Conduct

You may not:

• Reverse-engineer, infer, or reconstruct proprietary frameworks, models, or methodologies

• Submit false, unlawful, misleading, or disruptive material

• Use content to misrepresent PARGamma’s analysis or conclusions

• Use content in marketing that implies endorsement, recommendation, or affiliation

e) No Rights Conferred

Access grants no license to proprietary systems, datasets, trademarks, or analytical processes.

f) Acceptable Use; Anti-Scraping & Rate Limits

You may not (and may not permit others to):

(i) access the Site via bots, scrapers, crawlers, or bulk download tools;
(ii) reproduce, mirror, archive, or index substantial portions of the Site;
(iii) use Site content to create or train competing datasets, analytics, or services;
(iv) probe, scan, or test Site security or access controls;
(v) bypass technical safeguards or rate limits.

Automated access requires PARGamma’s prior written consent.

g) No AI / Model Training on Site Content

Except with PARGamma’s express written permission, you may not use any PARGamma content (text, tables, figures, charts, or metadata) to train, fine-tune, benchmark, or evaluate machine-learning or AI systems, nor incorporate such content into datasets used for model development.

3. Subscriptions, Institutional Access, and Commercial Engagements

a) Subscriptions

Newsletter subscriptions provide access to published content only and do not confer advisory, fiduciary, or client status.

b) Institutional or Applied Access

Any applied research, institutional access, licensing, or commissioned work proceeds only under a separate written agreement specifying scope, deliverables, confidentiality, IP allocation, and fees. No binding offer exists on the Site.

c) Fees; Taxes

Where applicable and unless otherwise agreed in writing: invoices are due net-30; late amounts may accrue interest at the maximum lawful rate; recipients are responsible for applicable taxes excluding PARGamma’s income taxes.

4. Intellectual Property; Citation Integrity

a) Ownership

All content (text, figures, charts, layout, trademarks, and branding) is owned by or licensed to PARGamma and protected by applicable intellectual-property laws.

b) Permitted Citation (Public Materials Only)

You may quote up to 300 words per publication and reproduce up to two figures per publication for non-commercial, informational purposes, provided that:

• Proper attribution is included (title, “PARGamma,” date, URL)

• Meaning, scale, and context are not altered

• No implication of recommendation or endorsement is made

Any broader reproduction, redistribution, commercial use, or derivative work requires prior written permission.

c) Prohibited Uses

You may not:

• Strip charts or figures of legends, captions, or disclaimers

• Re-color, re-scale, or modify visuals to change meaning

• Present excerpts in a manner that reverses or distorts conclusions

d) Confidential or Licensed Materials

Materials shared privately, behind paywalls, or under NDA must remain confidential and may not be redistributed.

5. Submissions and Communications

a) Unsolicited Submissions

Unsolicited submissions are voluntary and non-confidential unless otherwise agreed in writing. PARGamma may review, archive, or decline them without obligation or compensation.

b) Communication Standards

All communications must be lawful, factual, respectful, and free of harmful code or attempts to disrupt Site operations.

6. Financial & Analytical Disclaimers

a) Educational Nature

All public materials are provided for educational and informational purposes only. Nothing on the Site constitutes investment advice, a recommendation, or a solicitation to buy or sell any security.

b) No Fiduciary or Advisory Relationship

Use of the Site does not create a client, advisory, fiduciary, or professional relationship with PARGamma.

c) Analytical Scope

Analysis reflects probability-based reasoning from observable information and is subject to revision as conditions change.

d) No Warranty

Content is provided “as is” without warranties of accuracy, completeness, fitness for a particular purpose, or uninterrupted availability.

7. Limitation of Liability; Non-Reliance

To the maximum extent permitted by law, PARGamma disclaims liability for indirect, incidental, special, consequential, or punitive damages arising from use of or reliance on Site content. If liability cannot be disclaimed, it is limited to USD $100.

You acknowledge that markets involve uncertainty and that structural analysis does not eliminate risk.

8. Ethical Use

You agree not to misuse, misattribute, or selectively quote PARGamma content in a misleading manner, including use in misinformation, deceptive marketing, or undisclosed promotional contexts.

9. Third-Party References

References to issuers, instruments, institutions, or third-party sources are for analytical context only and do not imply endorsement or affiliation. Third-party content remains the property of its respective owners.

10. Compliance; Export Controls & Sanctions

You agree to comply with applicable laws, including export-control and sanctions regulations. You represent that you are not located in, organized under, or ordinarily resident in a jurisdiction subject to comprehensive U.S. sanctions, and that you will not use Site content in violation of applicable law.

11. Security; Responsible Disclosure

If you believe you have identified a security vulnerability, contact engage@pargamma.com with sufficient detail for reproduction. Do not publicly disclose before allowing reasonable remediation time. You may not access, modify, or exfiltrate data not intended for you.

12. DMCA Notice & Counter-Notice

Notice:
Send DMCA notices to engage@pargamma.com including required elements under 17 U.S.C. §512(c).

Counter-Notice:
If content was removed in error, you may submit a counter-notice pursuant to 17 U.S.C. §512(g).

13. Indemnification

You agree to indemnify and hold harmless PARGamma and its affiliates from claims arising from your misuse of the Site, violation of these Terms, or infringement of third-party rights.

14. Governing Law; Venue; Miscellany

a) Governing Law; Venue

These Terms are governed by the laws of the State of Utah, without regard to conflict-of-laws principles. Exclusive venue lies in Utah County, Utah.

b) Force Majeure

PARGamma is not liable for delays or failures due to events beyond reasonable control.

c) Assignment

You may not assign these Terms without written consent. PARGamma may assign in connection with corporate transactions.

d) Severability; Waiver; Survival

Invalid provisions do not affect the remainder. Failure to enforce is not a waiver. IP, disclaimers, liability limits, indemnity, and governing-law provisions survive termination.

e) Entire Agreement

These Terms, together with referenced policies, constitute the entire agreement regarding Site use.

15. Revisions

We may update these Terms. Material changes will be posted with a revised Effective Date. Continued use constitutes acceptance.

16. Contact

PARGamma
All inquiries (general, rights, privacy, security):
engage@pargamma.com

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