Draft for review. Wendel has not yet executed a subscription with any School. These Terms are published in advance to set expectations; they will be replaced by a fully negotiated Master Subscription Agreement and Data-Processing Agreement before any School Data is processed in production.
Wendel, Inc.

Terms of Service

Effective: May 14, 2026Last revised: May 14, 2026Version: 0.1 (draft)

§1Acceptance of Terms

These Terms of Service (these "Terms") constitute a binding agreement between Wendel, Inc., a Delaware corporation ("Wendel"), and the educational institution that procures access to the Services on behalf of its End Users (each, a "School"). By executing a subscription order, creating an administrative account on the Wendel platform, or otherwise accessing the Services, the School agrees to be bound by these Terms, the Privacy Policy available at trywendel.com/privacy, and any data-processing agreement executed by the parties (collectively, the "Agreement").

§2Definitions

Capitalized terms used and not otherwise defined herein have the meanings ascribed to them in the Privacy Policy. The following additional terms apply to these Terms:
  1. "Authorized User" means any natural person designated by the School to access the Services under credentials issued or authorized by the School, including End Users, administrators, advisors, and contractors.
  2. "Documentation" means the user-facing and administrator-facing documentation made available by Wendel at trywendel.com/docs or through the Services.
  3. "Order Form" means any ordering document executed by the parties that specifies the subscribed Services, fees, term, and any negotiated variations to these Terms.
  4. "School Content" means any data, text, file, image, or other content uploaded to or generated within the Services by the School or its Authorized Users.
  5. "Subscription Term" means the period during which the School is entitled to access and use the Services, as set forth in the applicable Order Form.

§3Grant of License to Use the Services

Subject to the terms and conditions of this Agreement and the payment of all fees due under the applicable Order Form, Wendel grants the School a non-exclusive, non-transferable, non-sublicensable, worldwide right during the Subscription Term to access and use the Services and the Documentation solely for the School's internal educational and administrative purposes. No license, right, or interest in or to any Wendel intellectual property is granted by implication, estoppel, or otherwise except as expressly set forth herein.

§4Accounts and End-User Authentication

The School is responsible for designating one or more administrators who shall have privileged access to provision, suspend, and de-provision Authorized Users; configure tenant-level settings; and access audit logs. The School shall maintain the confidentiality of all administrative credentials and is responsible for all activity occurring under such credentials.

Where the School elects to authenticate End Users by means of an external identity provider (such as Google Workspace for Education or Microsoft Entra ID), the School represents that it has the right to direct such provider to share authentication assertions with the Services and that such sharing complies with the School's obligations to End Users.

§5School Responsibilities

The School shall (a) use the Services only for lawful purposes and in accordance with this Agreement and the Documentation; (b) obtain and maintain all consents, authorizations, and notices required under applicable law in order to permit Wendel to Process School Data; (c) ensure that its Authorized Users comply with this Agreement; (d) promptly notify Wendel of any unauthorized access to or use of the Services known to the School; and (e) cooperate with Wendel in good faith in the investigation of any actual or suspected Security Incident.

§6Acceptable Use

The School shall not, and shall not permit any Authorized User to:

  1. access or use the Services in violation of any applicable law, regulation, or contract;
  2. upload or transmit any content that infringes any third-party intellectual-property right or that is unlawful, defamatory, obscene, or harassing;
  3. upload or transmit any malware, virus, worm, time bomb, or other malicious code;
  4. interfere with or disrupt the integrity, performance, or availability of the Services or the data of any other Wendel customer;
  5. attempt to gain unauthorized access to the Services or any related systems or networks, including by means of reverse engineering, decompilation, or other circumvention of access controls;
  6. resell, lease, sublicense, or otherwise make the Services available to any third party other than Authorized Users;
  7. use the Services to develop or train any product or service that is competitive with the Services; or
  8. use the Services for any high-risk activity in which failure of the Services could lead to personal injury or significant physical or environmental damage.

Wendel reserves the right, but assumes no obligation, to investigate any alleged violation of this Section and to suspend or terminate access to the Services for any Authorized User or the School in the event of a material violation, after providing notice and a commercially reasonable opportunity to cure.

§7Ownership of School Content

As between the parties, the School retains all right, title, and interest in and to School Content. The School hereby grants Wendel a non-exclusive, worldwide, royalty-free license to host, copy, transmit, display, and create derivative works of School Content solely to the extent reasonably necessary to provide and improve the Services and to fulfill Wendel's obligations under this Agreement. Wendel obtains no right, title, or interest in or to School Content by reason of this Agreement.

§8Wendel Intellectual Property

As between the parties, Wendel retains all right, title, and interest in and to the Services, the Documentation, all underlying software, designs, trademarks, service marks, trade dress, logos, and all derivative works of, modifications to, and improvements upon the foregoing. The School agrees not to remove, obscure, or alter any proprietary notice in or on the Services and the Documentation. Any feedback, suggestions, or recommendations provided by the School concerning the Services are provided on a non-confidential, royalty-free basis, and Wendel may use the same without restriction.

§9Third-Party Services and Integrations

The Services may interoperate with third-party services and applications (collectively, "Third-Party Services"), including identity providers, notification gateways, and analytics tools. Use of any Third-Party Service is subject to the terms and conditions of the third party offering such service. Wendel does not control, and disclaims responsibility for, the availability, accuracy, or content of any Third-Party Service. The School's election to enable a Third-Party Service constitutes the School's authorization to exchange School Data with such Third-Party Service to the extent necessary to provide the integration.

§10Fees, Pilot Terms, and Billing

During Wendel's pilot program, Wendel may grant designated Schools access to the Services without charge. The pilot terms, including duration and permitted use, shall be set forth in a pilot-program letter executed between Wendel and the School. Conversion of a pilot to a paid subscription requires the execution of an Order Form on terms to be agreed by the parties.

Upon execution of a paid Order Form, fees shall be invoiced and payable in U.S. dollars in accordance with the Order Form. Unpaid amounts shall accrue interest at the lesser of one-and-one-half percent (1.5%) per month or the maximum rate permitted by law. Fees are exclusive of taxes; the School is responsible for all applicable sales, use, and value-added taxes, excluding taxes based on Wendel's net income.

§11Term and Termination

This Agreement commences on the Effective Date of the applicable Order Form (or, in the case of a pilot, on the date the parties execute the pilot-program letter) and continues for the Subscription Term set forth therein. Unless otherwise specified in the Order Form, the Subscription Term shall not auto-renew; renewal requires affirmative execution of a successor Order Form.

Either party may terminate this Agreement for cause upon thirty (30) days' written notice to the other party of a material breach, if such breach remains uncured at the expiration of such notice period. Either party may terminate this Agreement immediately upon written notice if the other party becomes the subject of a petition in bankruptcy or any other proceeding relating to insolvency, receivership, or liquidation that is not dismissed within sixty (60) days.

The School may terminate this Agreement for convenience upon ninety (90) days' written notice to Wendel, provided that no fees prepaid for the terminated portion of the Subscription Term shall be refundable except as expressly provided in the Order Form.

§12Effects of Termination

Upon expiration or termination of this Agreement: (a) all rights granted to the School to access and use the Services shall immediately cease; (b) Wendel shall provide the School with a thirty (30) day grace period during which the School may export School Content in an industry-standard format; (c) after such grace period, Wendel shall delete or return School Content in accordance with the Privacy Policy; and (d) any amounts owed to Wendel as of the effective date of termination shall immediately become due and payable.

§13Representations and Warranties

Each party represents and warrants to the other that (a) it has the full corporate right, power, and authority to enter into this Agreement and to perform its obligations hereunder; (b) the execution and performance of this Agreement does not and will not violate any agreement to which it is a party or any applicable law; and (c) it shall comply with all laws applicable to its performance under this Agreement, including, without limitation, those laws identified in the Privacy Policy.

§14Disclaimers

EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE SERVICES AND DOCUMENTATION ARE PROVIDED "AS IS" AND "AS AVAILABLE," AND WENDEL MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR ACCURACY. WENDEL DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE OR THAT ALL DEFECTS WILL BE CORRECTED. SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OF IMPLIED WARRANTIES, IN WHICH EVENT THE FOREGOING DISCLAIMER MAY NOT APPLY.

§15Indemnification

By Wendel.Wendel shall defend, indemnify, and hold harmless the School from and against any third-party claim alleging that the Services, as used in accordance with this Agreement, infringe such third party's United States patent, copyright, or trade secret, and shall pay all damages finally awarded by a court of competent jurisdiction or agreed to in a written settlement signed by Wendel. The foregoing obligation does not apply to any claim arising out of (i) School Content, (ii) the combination of the Services with any product or service not provided by Wendel, or (iii) any modification of the Services not made by Wendel.

By School.The School shall defend, indemnify, and hold harmless Wendel from and against any third-party claim arising out of School Content, the School's breach of Section 5 or Section 6, or the School's violation of any applicable law.

Procedure.The party seeking indemnification (the "Indemnitee") shall (a) promptly notify the indemnifying party (the "Indemnitor") in writing of the claim; (b) afford the Indemnitor sole control of the defense and settlement of the claim, provided that no settlement may impose any obligation on the Indemnitee without the Indemnitee's prior written consent; and (c) provide the Indemnitor with reasonable cooperation, at the Indemnitor's expense.

§16Limitation of Liability

EXCEPT FOR (A) AMOUNTS DUE UNDER SECTION 10, (B) A PARTY'S INDEMNIFICATION OBLIGATIONS UNDER SECTION 15, AND (C) A PARTY'S BREACH OF ITS CONFIDENTIALITY OBLIGATIONS UNDER SECTION 17, IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, BUSINESS, GOODWILL, OR DATA, ARISING OUT OF OR RELATED TO THIS AGREEMENT, WHETHER IN CONTRACT, TORT, OR OTHERWISE, AND EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE AGGREGATE LIABILITY OF EACH PARTY ARISING OUT OF OR RELATED TO THIS AGREEMENT SHALL NOT EXCEED THE FEES PAID OR PAYABLE BY THE SCHOOL TO WENDEL UNDER THE APPLICABLE ORDER FORM IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY. THE LIMITATIONS IN THIS SECTION 16 SHALL NOT APPLY TO LIABILITIES THAT CANNOT BE LIMITED UNDER APPLICABLE LAW.

§17Confidentiality

Each party (the "Receiving Party") shall use the same degree of care that it uses to protect its own confidential information of like kind (but no less than reasonable care) to (a) avoid use of the Confidential Information of the other party (the "Disclosing Party") other than as permitted by this Agreement and (b) limit access to such Confidential Information to its employees, contractors, and agents who have a need to know and who are bound by confidentiality obligations no less protective than those herein.

"Confidential Information" means any non-public information that, by its nature or by the circumstances of its disclosure, a reasonable person would recognize as confidential. The obligations of this Section shall not apply to information that the Receiving Party can demonstrate (i) was rightfully known prior to receipt from the Disclosing Party; (ii) is or becomes publicly available through no fault of the Receiving Party; (iii) is rightfully obtained from a third party without restriction; or (iv) was independently developed without use of the Disclosing Party's Confidential Information.

§18Publicity

Neither party shall issue any press release or other public announcement regarding this Agreement, or use the other party's name, logo, or trademarks, without the prior written consent of the other party, not to be unreasonably withheld. Notwithstanding the foregoing, Wendel may identify the School as a customer in customer lists and on Wendel's website following the School's written approval of the specific language or visual to be used.

§19Force Majeure

Neither party shall be liable for any delay or failure to perform its obligations under this Agreement (other than payment obligations) to the extent such delay or failure is caused by an event beyond the reasonable control of such party, including acts of God, natural disaster, war, terrorism, riots, pandemic, embargo, governmental action, labor strikes, or material disruption of public utilities or telecommunications networks. The affected party shall notify the other party as soon as practicable and shall use commercially reasonable efforts to resume performance.

§20Assignment

Neither party may assign this Agreement, in whole or in part, without the prior written consent of the other party, except that either party may assign this Agreement without consent in connection with a merger, acquisition, reorganization, or sale of all or substantially all of its assets, provided that the successor entity assumes all of the assigning party's obligations hereunder. Any purported assignment in violation of this Section shall be null and void.

§21Notices

Except as otherwise expressly set forth in this Agreement, all notices, consents, and approvals under this Agreement must be in writing and shall be deemed given upon (a) personal delivery; (b) the second business day after sending by overnight courier; or (c) the first business day after sending by electronic mail (provided such transmission is confirmed by reply or by an automated delivery receipt). Notices to Wendel shall be sent to legal@trywendel.com and to the postal address set forth in Section 27. Notices to the School shall be sent to the address designated in the Order Form.

§22Amendments

Wendel may amend these Terms from time to time. Material amendments will be communicated to the School at least thirty (30) days in advance. If the School objects in good faith to a material amendment that materially and adversely affects its rights or obligations, the School may terminate this Agreement during the notice period without penalty, in which event Wendel shall refund any prepaid fees attributable to the terminated portion of the Subscription Term.

§23Governing Law, Forum, and Dispute Resolution

This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to its conflict-of-laws principles. The United Nations Convention on Contracts for the International Sale of Goods shall not apply.

The parties shall first attempt in good faith to resolve any dispute arising out of or relating to this Agreement through informal negotiation between designated executives. If the dispute is not resolved within thirty (30) days of written notice, either party may submit the dispute to the exclusive jurisdiction of the state and federal courts located in New Castle County, Delaware, and the parties consent to personal jurisdiction and venue therein. EACH PARTY HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY.

§24Export Controls and Trade Sanctions

Each party shall comply with all applicable U.S. and non-U.S. export-control and trade-sanctions laws, including the Export Administration Regulations (15 C.F.R. Parts 730-774) and the regulations administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury. Neither party shall, directly or indirectly, export, re-export, or release the Services to any person or entity that is the subject of comprehensive U.S. sanctions or that is listed on the U.S. Specially Designated Nationals and Blocked Persons List or any analogous list.

§25Government End Users

The Services are "commercial computer software" and "commercial computer software documentation," as those terms are defined in 48 C.F.R. § 252.227-7014. Any use, modification, reproduction, release, performance, display, or disclosure of the Services or Documentation by or for the U.S. Government shall be governed solely by the terms of this Agreement and shall be prohibited except to the extent expressly permitted herein.

§26Miscellaneous

This Agreement, together with the Privacy Policy, any executed DPA, and any executed Order Form, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous understandings. No waiver of any provision of this Agreement shall be effective unless in writing and signed by the party making such waiver. The relationship of the parties is that of independent contractors, and nothing herein shall be construed to create a partnership, joint venture, agency, or employment relationship. The headings used herein are for convenience only and shall not affect the interpretation of this Agreement.

§27Contact

Notices and inquiries concerning these Terms should be directed to legal@trywendel.com or by mail to:
Wendel, Inc.
Attn: Legal
[Mailing address to be provided to Schools upon execution of an Order Form]