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 provides fuel price cap contracts ("Cap Contracts") to commercial fleet operators. A Cap Contract is a financial instrument that sets a maximum ("cap") price per gallon for fuel purchased during the contract term. If market fuel prices rise above your cap price, FuelAnchor pays the difference. If market prices are below your cap price, you purchase fuel at the lower market rate.

FuelAnchor does not supply fuel directly. Cap Contracts apply to fuel you purchase from your existing supplier(s). The Service includes an online platform for requesting quotes, 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)
• State of operations
• Desired contract length (3, 6, or 12 months)
• Current and projected wholesale fuel market prices

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:

• 3-month contract: Coverage for one calendar quarter.
• 6-month contract: Coverage for two consecutive calendar quarters.
• 12-month contract: Full-year coverage, typically offering the lowest cap premium.

Contract terms begin on the first day of the calendar month following execution unless otherwise agreed in writing. A separate written Cap Contract will govern the specific terms of your coverage, including the exact cap price, gallonage, fuel type, geographic scope, and rebate calculation method. In the event of any conflict between these Terms and a signed Cap Contract, the Cap Contract controls.

Cap Contracts require a prepayment (the "Cap Premium") calculated based on the gallonage, contract length, cap price level, and current market conditions. The Cap Premium is due in full at contract execution unless otherwise agreed in writing.

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

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

Rebate payments owed to the Customer will be remitted within 15 business days following the close of each calendar month in which rebate-eligible purchases occurred, subject to timely submission of verified purchase documentation.

To receive rebate payments, Customers must submit fuel purchase documentation for each rebate period, including:

• Dated fuel receipts or supplier invoices showing price per gallon and total gallons purchased
• Vehicle or fleet identifiers where applicable
• Purchase location (state)

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

Rebates are calculated using the average daily retail price index for the applicable fuel type and state, as reported by the U.S. Energy Information Administration (EIA) or another reference price source specified in the Cap Contract.

Cap Contracts may be cancelled only under the following circumstances:

• Within 3 business days of execution: Customer may cancel and receive a full refund of the Cap Premium.
• After 3 business days: The Cap Premium is non-refundable. 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 CAP PREMIUM 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.