Terms of Service

These Terms of Service ("Terms") constitute a legally binding agreement between you ("Customer," "you," or "your") and FuelAnchor, Inc. ("FuelAnchor," "we," "our," or "us"), governing your access to and use of the FuelAnchor platform at fuelanchor.com (the "Service").

By creating an account, requesting a quote, or entering into a fuel price cap contract, you agree to be bound by these Terms and our Privacy Policy. If you are entering into these Terms on behalf of a business, you represent that you have the authority to bind that business.

If you do not agree to these Terms, do not use the Service.

FuelAnchor is a fuel supply company. FuelAnchor provides fixed-price fuel supply agreements ("Cap Contracts") to commercial fleet operators. A Cap Contract is a fixed-price fuel supply agreement under which FuelAnchor supplies your fleet's fuel at a fixed maximum ("cap") price per gallon for the contract term.

You prepay your capped amount upfront and then fuel at the stations you designate using a FuelAnchor-issued virtual card. The card is funded directly from FuelAnchor's own account and pays the station the pump price up to your capped rate per gallon. You never front the pump cost, you never await any payment back, and you never pay more than your cap. Because FuelAnchor supplies your fuel under the Cap Contract, your price per gallon stays fixed at your cap regardless of the pump price.

The Service also includes an online platform for requesting quotes, designating fueling stations, entering contracts, and managing your account.

The Service is available to commercial businesses operating motor vehicle fleets in the United States. You must be at least 18 years old and have legal authority to enter binding contracts on behalf of your business.

You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. Notify us immediately at hello@fuelanchor.com if you suspect unauthorized access.

When you submit a quote request, FuelAnchor generates a personalized cap price per gallon based on:

• Your estimated monthly fuel consumption (gallons)
• Fuel type (diesel or gasoline)
• The fueling stations you designate for use under the contract
• Prevailing fuel prices in your designated station area — FuelAnchor references the highest price among your designated stations when setting your cap
• Desired contract length (1, 3, 6, or 12 months; terms may be set shorter or longer by agreement)

A quote is an estimate only and is not a binding offer. Quotes are valid for 48 hours from issuance unless otherwise stated. Final cap prices are set at the time of contract execution.

FuelAnchor offers Cap Contracts in the following standard lengths:

• 1-month contract: Short-term coverage for a single calendar month.
• 3-month contract: Coverage for one calendar quarter.
• 6-month contract: Coverage for two consecutive calendar quarters.
• 12-month contract: Full-year coverage.

Contract lengths may also be set shorter or longer by mutual agreement.

Prepayment is structured by contract length: for terms of three months or shorter, the full contract value is prepaid at execution; for terms longer than three months, FuelAnchor generally requires half the contract value prepaid at execution with the remainder billed at the start of each month, and FuelAnchor reserves the right to require full prepayment upfront for any term. Section 6 governs payment in detail.

Contract terms begin on the start date confirmed by FuelAnchor in writing. A separate written Cap Contract will govern the specific terms of your coverage, including the exact cap price, gallonage, fuel type, designated stations, and geographic scope. In the event of any conflict between these Terms and a signed Cap Contract, the Cap Contract controls.

Cap Contracts require prepayment (the "Contract Prepayment") calculated based on the gallonage, contract length, cap price, your designated stations, and current market conditions. Prepayment is structured by contract length:

• Terms of three months or shorter: the full contract value is prepaid at contract execution.
• Terms longer than three months: FuelAnchor generally requires half the contract value prepaid at execution, with the remaining balance billed at the start of each month of the term.

FuelAnchor reserves the right to require full prepayment upfront for any contract term.

Payment is accepted via ACH bank transfer or wire transfer. FuelAnchor does not accept credit card payments for Contract Prepayments.

The Contract Prepayment is non-refundable once FuelAnchor confirms a contract start date, except as set forth in Section 8 (Cancellation) or if FuelAnchor fails to perform its obligations under the Cap Contract.

Customers submit fuel purchase receipts or invoices for their FuelAnchor card transactions so that FuelAnchor can verify usage, deter fraud, and maintain records. This is solely a usage-verification and record-keeping process. It is not a reimbursement process, and no payment of any kind is owed to the Customer at any point. Documentation includes:

• Dated fuel receipts or station invoices showing price per gallon and total gallons purchased
• Vehicle or fleet identifiers where applicable
• The designated station where the purchase was made

If a Customer fails to submit a required receipt for a card transaction, the gallons for that transaction are depleted from the Customer's monthly gallon allowance at three times (3×) the transaction's gallons.

Customers must fuel at the stations they have designated under the Cap Contract and may not fuel at stations whose pricing is an outlier above the prevailing prices for the Customer's designated area. If a Customer fuels at an outlier-priced station, FuelAnchor still pays the station for the transaction; however, the Customer's monthly gallon allowance is depleted by an accelerated amount, at FuelAnchor's election, equal to the greater of: (a) three times (3×) the transaction's gallons; or (b) three times (3×) the dollar difference between the station's price per gallon and the applicable reference price, converted to gallons at that reference price.

A station for which no market price data is publicly available or reasonably obtainable by FuelAnchor — for example, certain extremely remote stations — is automatically classified as an outlier-priced station under this Section, without any price comparison being required. FuelAnchor may maintain and update a list of such stations or areas. Fills at these stations deplete the Customer's monthly gallon allowance at the accelerated rate described above. This classification does not affect the Customer's locked rate at any other station.

The "applicable reference price" is the retail price index for the relevant fuel type and area as reported by the U.S. Energy Information Administration (EIA) or OPIS. It is used solely as a pricing reference, record-keeping aid, and fair-use comparison benchmark, and is not a basis for any payment, settlement, or difference calculation owed to the Customer.

Customers may update their designated stations during the contract term, and FuelAnchor may reprice the cap as a result of any such update.

FuelAnchor reserves the right to audit submitted documentation. Fraudulent or materially inaccurate documentation may result in termination of the Cap Contract without refund.

Cap Contracts may be cancelled only under the following circumstances:

• Before a confirmed start date: Customer may cancel and receive a full refund of the Contract Prepayment within three business days of execution, provided FuelAnchor has not yet confirmed a contract start date.
• After a start date is confirmed: Once FuelAnchor confirms a contract start date, the Contract Prepayment is non-refundable, except on mutual written agreement of the parties or FuelAnchor's failure to perform its obligations under the Cap Contract. The contract remains in effect for its full term.
• Mutual agreement: FuelAnchor and Customer may agree in writing to early termination on negotiated terms.
• Material breach: Either party may terminate for uncured material breach with 15 days' written notice.

FuelAnchor may suspend or terminate your account and any Cap Contracts if you provide false information, fail to submit required documentation, or engage in fraudulent activity.

All content, software, and technology on the FuelAnchor platform — including pricing models, cap price algorithms, website design, and trademarks — are the exclusive property of FuelAnchor, Inc. and are protected by applicable intellectual property laws. You may not copy, reproduce, reverse engineer, or distribute any portion of the platform without our prior written consent.

THE SERVICE AND PLATFORM ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. FUELANCHOR DOES NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR THAT DEFECTS WILL BE CORRECTED.

Fuel price cap quotes are based on market data available at the time of generation. FuelAnchor makes no representation or warranty regarding future fuel prices.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, FUELANCHOR'S TOTAL LIABILITY TO YOU FOR ANY CLAIM ARISING OUT OF OR RELATED TO THESE TERMS OR THE SERVICE — WHETHER IN CONTRACT, TORT, OR OTHERWISE — SHALL NOT EXCEED THE TOTAL CONTRACT PREPAYMENT PAID BY YOU IN THE 12 MONTHS PRECEDING THE CLAIM.

IN NO EVENT SHALL FUELANCHOR BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS OR LOST FUEL SAVINGS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Some jurisdictions do not allow limitation of implied warranties or exclusion of certain damages. In such jurisdictions, the above limitations apply to the greatest extent permitted by law.

You agree to indemnify, defend, and hold harmless FuelAnchor, its officers, directors, employees, and agents from and against any claims, damages, losses, liabilities, and expenses (including reasonable attorneys' fees) arising out of or related to: (a) your use of the Service; (b) your breach of these Terms; (c) your submission of false or fraudulent documentation; or (d) your violation of any applicable law or third-party rights.

These Terms are governed by the laws of the State of Maryland, without regard to its conflict of laws principles. Any dispute arising out of or relating to these Terms or the Service shall be resolved by binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, with proceedings conducted in Maryland.

Notwithstanding the foregoing, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent irreparable harm. You waive any right to participate in a class action lawsuit or class-wide arbitration.

FuelAnchor reserves the right to modify these Terms at any time. We will provide at least 30 days' notice of material changes by email and by posting updated Terms on this page. Your continued use of the Service after the effective date of changes constitutes your acceptance of the revised Terms. If you do not agree to the revised Terms, you must stop using the Service and notify us to close your account.

• Entire agreement: These Terms and any executed Cap Contract constitute the entire agreement between you and FuelAnchor regarding the Service and supersede all prior agreements.
• Severability: If any provision of these Terms is found unenforceable, the remaining provisions remain in full force.
• Waiver: Failure to enforce any right under these Terms does not constitute a waiver of that right.
• Assignment: You may not assign your rights under these Terms without our prior written consent. FuelAnchor may assign its rights and obligations freely.
• Force majeure: FuelAnchor is not liable for delays or failures due to events beyond its reasonable control, including natural disasters, government actions, or infrastructure failures.