Revenue Share Agreement & Terms of Service

1. Description of Service

Riptide Trading LLC operates QuantGlide, an automated trade execution platform (“the Bot”) that connects to your brokerage account and places options trades on your behalf according to a predefined, rules-based strategy on the S&P 500 index (SPX). Supported brokers currently include tastytrade and Interactive Brokers (IBKR); additional brokers may be added over time.

The Bot operates autonomously during market hours based on its internal rules. You retain full custody of your funds at all times. Riptide Trading LLC does not hold, manage, or have any ownership interest in your brokerage account or its assets.

2. Revenue Share Fee

In exchange for access to the Service, you agree to pay Riptide Trading LLC a revenue share fee equal to 15% of net realized trading profits generated by the Bot in your account, calculated on a calendar-month basis.

3. Early Cancellation & Prorated Fees

You may cancel the Service at any time. There are no lock-in periods or cancellation penalties. However, the following applies upon early termination within a billing month:

• Prorated calculation: If you cancel before the end of a calendar month, the revenue share fee for that month is calculated based on net realized profits from the first day of that month through the date your cancellation takes effect (i.e., the date the Bot stops executing trades in your account).
• No refunds: Fees already paid for prior months are non-refundable.
• How to cancel: Disconnect the Bot's access through your broker (revoke OAuth on tastytrade, or stop IB Gateway and remove the IP whitelist on IBKR) and notify us in writing at support@quantglide.com. Disconnecting at the broker level without notifying us does not automatically cancel your billing agreement; written notice is required.

4. No Investment or Financial Advice

Riptide Trading LLC does not provide investment advice, financial advice, tax advice, legal advice, or any personalized guidance of any kind.

• The trading strategy executed by the Bot is a fixed, rules-based system. It is not tailored to your individual financial situation, investment goals, risk tolerance, or tax position.
• Nothing on our website, in our communications, or in the operation of the Bot constitutes a recommendation to buy, sell, or hold any security or financial instrument.
• Riptide Trading LLC is not registered with the SEC, FINRA, NFA, or any other financial regulatory body as an investment adviser, broker-dealer, or commodity trading adviser.
• You acknowledge that you independently decided to use the Service and that all trading decisions are ultimately made by you through your authorization of the Bot's access to your account.

5. Risk Disclosure

Trading options, including SPX index options, involves substantial risk of loss and is not appropriate for all investors. You can lose some or all of your invested capital. Past performance — whether actual or simulated — is not indicative of future results.

• Options are leveraged instruments. Losses can be rapid and substantial.
• Backtested or historical performance data shown on our platform is simulated and subject to inherent limitations, including the benefit of hindsight.
• Market conditions, liquidity, slippage, and execution quality in live trading may differ materially from backtested results.
• The Bot may continue to place trades even during periods of high volatility or adverse market conditions, unless its internal risk filters prevent entry.
• You are solely responsible for ensuring that your account is adequately funded and that you understand the risks involved.

6. Brokerage Account & Connectivity

To use the Service, you must maintain an active brokerage account with a supported broker and authorize QuantGlide to execute trades on your behalf. Connection methods and client responsibilities vary by broker as described below.

7. Account Requirements

• You must be at least 18 years old to use the Service.
• You must be legally permitted to trade options in your jurisdiction. It is your responsibility to ensure compliance with all applicable local laws and regulations.
• A minimum account balance sufficient to margin SPX spread positions is required. We recommend a minimum of $525 for the smallest spread size. Riptide Trading LLC is not responsible for trades rejected by your broker due to insufficient margin.
• You must have options trading approval at the level required to trade SPX spreads on your chosen broker (e.g., Level 2 / spreads on tastytrade; equivalent permissions on IBKR).
• IBKR clients only: You are responsible for ensuring IB Gateway is running, properly configured, and accessible to QuantGlide's servers at all times during market hours, including maintaining the correct IP whitelist entry.

8. Limitation of Liability

To the maximum extent permitted by applicable law, Riptide Trading LLC, its owners, employees, contractors, and affiliates shall not be liable for:

• Any trading losses incurred in your brokerage account.
• Loss of profits, revenue, or data.
• Any indirect, incidental, special, consequential, or punitive damages arising from your use of the Service.
• Service interruptions, technical failures, broker API outages, IB Gateway downtime, or any connectivity issues that prevent the Bot from trading.
• Errors in trade execution caused by exchange issues, broker-side rejections, or market disruptions.

In no event shall Riptide Trading LLC's total cumulative liability to you exceed the total revenue share fees paid by you to Riptide Trading LLC in the three (3) months preceding the claim.

9. Intellectual Property

All trading logic, software, algorithms, and content associated with QuantGlide are the exclusive intellectual property of Riptide Trading LLC. You are granted a limited, non-exclusive, non-transferable license to use the Service for your personal, non-commercial trading. You may not reverse-engineer, copy, resell, or sublicense any part of the Service.

10. Termination

Either party may terminate this agreement at any time. Riptide Trading LLC reserves the right to suspend or terminate your access to the Service immediately, without notice, if:

• You breach any term of this agreement.
• You fail to pay outstanding fees after reasonable notice.
• We determine, in our sole discretion, that continued service poses unacceptable risk.

Upon termination, outstanding prorated fees remain due and payable per Section 3.

11. Modifications to Terms

Riptide Trading LLC reserves the right to update these terms at any time. Material changes will be communicated by email at least 14 days before taking effect. Continued use of the Service after the effective date of updated terms constitutes your acceptance of those changes. If you do not agree to updated terms, you must cancel before the effective date.

12. Governing Law & Disputes

This agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania, without regard to its conflict of law provisions. Any dispute arising under this agreement shall first be addressed through good-faith negotiation between the parties. If unresolved within 30 days, disputes shall be submitted to binding arbitration under the rules of the American Arbitration Association (AAA), with proceedings conducted in English. The arbitration shall take place in Pennsylvania or remotely by mutual agreement.

13. Entire Agreement

This agreement constitutes the entire agreement between you and Riptide Trading LLC with respect to the Service and supersedes all prior or contemporaneous understandings, proposals, or representations, whether written or oral. If any provision of this agreement is found to be unenforceable, the remaining provisions shall continue in full force and effect.