This Synthetic Wealth Data License Agreement (the “Data License”) is a legal agreement between Wealth Schema (“Licensor”) and the organization identified in the order record (“Licensee”). It governs Licensee’s use of any Wealth Data Set, the Master Corpus, sample data, API output, or other synthetic data made available by Licensor (collectively, the “Licensed Data”).
By downloading, accessing, or using the Licensed Data, Licensee agrees to this Data License. If Licensee does not agree, Licensee must not download, access, or use the Licensed Data.
4.1 Order Details
The following fields, captured at the time of order, identify this license instance and form part of this Data License:
- Licensee name: [organization name]
- Licensee email: [billing or account email]
- Order ID: [order identifier]
- Purchase date: [YYYY-MM-DD]
- Bundle name: [Wealth Data Set or Master Corpus name]
- Household count: [number of synthetic households included]
These fields are populated automatically in the order confirmation that accompanies delivery of the Licensed Data.
4.2 Grant of License
Subject to Licensee’s continuing compliance with this Data License and payment in full of all applicable fees, Licensor grants Licensee a non-exclusive, non-transferable, non-sublicensable, worldwide license to use the Licensed Data for the internal business purposes of a single organization (Licensee, including its wholly owned affiliates), as further described in Section 4.3. The license has perpetual duration with respect to the specific Licensed Data delivered, except that it terminates automatically upon a material breach that is not cured under Section 4.10.
4.3 Permitted Uses
Within the scope of Section 4.2, Licensee may use the Licensed Data for:
- Model training: training, fine-tuning, and evaluating machine-learning, statistical, or rules-based models for Licensee’s internal use or for incorporation into Licensee’s products and services, subject to Section 4.4 — except Evaluation Products, for which training use is prohibited entirely under Section 4.14.
- Algorithm testing: developing, benchmarking, and regression-testing algorithms, including compliance, planning, risk, and tax engines.
- Product development: designing, building, demonstrating, and quality-assuring features in Licensee’s products.
- Academic research: use by Licensee’s researchers in research projects, including subsequent publication, subject to the attribution requirement in Section 4.5.
- Internal demonstrations: training, sales enablement, and demonstrations to Licensee’s personnel, prospects, and existing customers, provided that the underlying records are not delivered to those parties as a standalone dataset.
4.4 Prohibited Uses
Licensee will not, and will not permit any third party to:
- resell, license, sublicense, lease, lend, distribute, publish, or otherwise make the Licensed Data, or any substantial portion or derivative dataset thereof, available to any third party as data;
- publicly release or post the Licensed Data anywhere online — including public code or data repositories, forums, paste or file-sharing services, cloud buckets with public access, or messaging channels open beyond Licensee’s organization — or include it in any open dataset or dataset compilation;
- share the Licensed Data, download links, or account credentials with any person outside Licensee’s organization (including clients, vendors, contractors not acting as Licensee’s authorized personnel under confidentiality obligations, or affiliated entities that are not wholly owned);
- train, fine-tune, or develop a model for the primary purpose of resale or licensing of model weights, model outputs, or a substantially equivalent dataset to third parties, where the Licensed Data is the principal training source;
- use the Licensed Data outside of the single Licensee organization (and its wholly owned affiliates), or share download credentials beyond authorized personnel of Licensee;
- represent or imply that the Licensed Data describes any real person, household, or financial account, or use it in a way that creates that impression;
- remove, obscure, or alter any proprietary notices, schema identifiers, or watermarks contained in the Licensed Data; or
- use the Licensed Data in violation of any applicable law or regulation.
Licensee may build and offer products that incorporate insights, models, or features developed using the Licensed Data, provided that the Licensed Data itself (and any reconstructable subset) is not the product or material content of the product, and provided that Licensee complies with the rest of this Data License.
4.5 Attribution
Attribution is not required for internal use of the Licensed Data, including internal model training, testing, and product development. Attribution is required when the Licensed Data is referenced, cited, or relied upon in published research, white papers, conference presentations, blog posts, regulatory filings, or other public-facing materials. The required form of attribution is:
“Synthetic data provided by Wealth Schema (Synthetic Wealth Data License). © [year] Wealth Schema. All synthetic — no real individuals.”
Where the publication format permits, please include a link to wealthschema.com.
4.6 Ownership
As between the parties, Licensor owns all right, title, and interest in and to the Licensed Data, the schemas, archetype specifications, generation logic, and all associated intellectual property. No rights are granted by implication, estoppel, or otherwise, except as expressly set out in this Data License.
Outputs Licensee creates by analyzing the Licensed Data (such as model weights and aggregated metrics), and Licensee’s own data combined with the Licensed Data, remain Licensee’s, subject to Licensor’s rights in the underlying Licensed Data and to the prohibitions in Section 4.4.
4.7 Synthetic Data; Warranty Disclaimer
The Licensed Data is fully synthetic. It is generated to be statistically plausible, not to represent any specific real person or financial account. Licensee acknowledges that the Licensed Data is not a substitute for production data, regulatory filings, or actual customer records, and that any decision affecting a real person, account, portfolio, tax filing, or compliance posture must be based on appropriate real-world data and professional judgment.
THE LICENSED DATA IS PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTY OF ANY KIND. LICENSOR DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, ACCURACY, AND COMPLETENESS. WITHOUT LIMITING THE FOREGOING, LICENSOR MAKES NO WARRANTY THAT THE LICENSED DATA IS FIT FOR ANY REGULATED PURPOSE, INCLUDING WITHOUT LIMITATION USE IN PRODUCTION INVESTMENT ADVICE, BROKER-DEALER SUPERVISION, FIDUCIARY DETERMINATIONS, TAX FILINGS, KYC/AML PROCESSES, OR CREDIT, UNDERWRITING, OR INSURANCE DECISIONS AFFECTING ANY REAL PERSON. LICENSEE IS SOLELY RESPONSIBLE FOR VALIDATING THE LICENSED DATA FOR ITS INTENDED USE AND FOR COMPLIANCE WITH ALL APPLICABLE LAWS AND REGULATIONS.
4.8 Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL LICENSOR BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUES, DATA, GOODWILL, OR BUSINESS, ARISING OUT OF OR RELATING TO THE LICENSED DATA OR THIS DATA LICENSE. LICENSOR’S AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE LICENSED DATA WILL NOT EXCEED THE FEES PAID BY LICENSEE FOR THE SPECIFIC LICENSED DATA GIVING RISE TO THE CLAIM IN THE TWELVE (12) MONTHS PRECEDING THE EVENT.
4.9 Indemnification
Licensee will defend, indemnify, and hold harmless Licensor and its officers, directors, employees, and affiliates from and against any claims, damages, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to (a) Licensee’s use of the Licensed Data outside the scope of this Data License, (b) Licensee’s breach of Section 4.4 or Section 4.5, or (c) Licensee’s violation of any law or third-party right in connection with the Licensed Data.
4.10 Term and Termination
This Data License is effective as of the purchase date stated in Section 4.1 and continues in perpetuity with respect to the Licensed Data delivered, unless terminated earlier under this Section. Licensor may terminate this Data License upon written notice if Licensee materially breaches it and fails to cure the breach within thirty (30) days after notice; Licensor may terminate immediately for breaches of Section 4.4 (Prohibited Uses) that are not reasonably capable of cure.
Upon termination, Licensee will (a) cease all use of the Licensed Data, (b) delete all copies in its possession or control (other than copies retained in routine backup systems pending overwriting), and, on request, (c) certify deletion in writing. Sections 4.4, 4.6, 4.7, 4.8, 4.9, 4.11, 4.12, 4.13, 4.14, and 4.15 survive termination.
4.11 Governing Law and Venue
This Data License is governed by and construed in accordance with the laws of the Commonwealth of Massachusetts, without regard to its conflict-of-laws principles. The state and federal courts of competent jurisdiction located in Massachusetts will have exclusive jurisdiction over any dispute arising out of or relating to this Data License, and each party submits to that jurisdiction and venue and waives any objection based on inconvenient forum.
4.12 Confidentiality and Audit
Although the Licensed Data is synthetic, Licensee will treat the Licensed Data with the same degree of care it uses to protect its own confidential proprietary materials and will limit access to authorized personnel with a need to know. On reasonable prior written notice and not more than once per year, Licensor may audit Licensee’s compliance with the use restrictions in Section 4.4. Audits will be conducted during normal business hours and in a manner that minimizes disruption.
4.13 Miscellaneous
This Data License, together with the Order Details in Section 4.1 and the Terms of Service, is the entire agreement between the parties regarding the Licensed Data. If any provision is held unenforceable, the remaining provisions remain in effect. Failure to enforce any provision is not a waiver. Licensee may not assign this Data License without Licensor’s prior written consent (including by operation of law or in connection with a change of control); Licensor may assign without consent in connection with a merger, acquisition, or sale of assets. The parties are independent contractors; nothing in this Data License creates an agency, partnership, or joint venture.
4.14 Evaluation Products (AI Eval Sets)
“Evaluation Products” are the AI Eval Sets evaluation task corpora — including tasks, answer keys, forbidden-figure tables, and scoring assets — identified in the catalog under the AI Evaluation category. For Evaluation Products, the following terms apply in place of any conflicting grant elsewhere in this Data License:
- No training use. Notwithstanding Section 4.3, Licensee will not use Evaluation Products, in whole or in part, to train, fine-tune, or otherwise adjust the parameters of any model, nor include them in any training corpus, retrieval index intended for training, or dataset compilation. Every task record carries
training_use_permitted: false. Training on evaluation data destroys its evaluative value for Licensee and for every party whose results are compared against it. Permitted uses are internal evaluation, benchmarking, regression testing, deployment gating, and vendor comparison. - No publication of tasks or keys. Licensee will not publish, post, or otherwise disclose task prompts, answer keys, or forbidden-figure tables outside Licensee’s organization. Licensee may publish its own aggregate evaluation results (scores and rates), with or without attribution.
- Vintage corrections (180 days). Each Evaluation Product is a point-in-time tax-year vintage. If Licensor issues a correction or erratum to the purchased vintage — for example, a corrected answer key, figure verification, or packaging defect — within one hundred eighty (180) days of the purchase date, Licensor will make the corrected version available to Licensee at no charge and notify the account email. New tax-year vintages are separate products, not corrections, and are excluded from this clause.
4.15 Digital Delivery; All Sales Final
The Licensed Data is a digital product delivered electronically. By completing a purchase, Licensee expressly requests immediate delivery and acknowledges that, to the extent permitted by applicable law, any statutory right of withdrawal or cancellation lapses upon delivery. All sales are final: no returns, refunds, or exchanges are provided for digital products. This does not limit any non-waivable statutory rights, and it does not apply to defective deliveries: if a delivered file is corrupted, incomplete, or otherwise does not match its product description, Licensor will correct and redeliver it at no charge — contact support@wealthschema.com.
Data ZIP downloads are limited to three (3) per order. Account access — including the order record, license certificate, receipt, and methodology documents — remains available after the download limit is reached. If a legitimate delivery problem consumes the limit (for example, interrupted transfers), contact support.
4.16 Classroom, Research and Startup Licenses
4.16.1 Scope. Licensor may, at its sole discretion, approve a request for a Classroom, Research or Startup license and issue a single-use discount code for one purchase. Except as stated in this Section 4.16, the rest of this Data License applies unchanged.
4.16.2 Classroom License. A Classroom License may be granted to an instructor employed by an accredited post-secondary institution (the “Institution”), for a named course (the “Course”). In addition to the rights in Section 4.2, the instructor may make the Licensed Data available to students enrolled in the Course, and to teaching assistants for the Course, solely for coursework in the Course, through a course platform or storage that requires authentication to the Institution. Students may keep copies of their own coursework that include excerpts of the Licensed Data, but may not publish, redistribute or reuse the Licensed Data outside the Course. The Classroom License is non-commercial: the Licensed Data may not be used for consulting, sponsored work for a commercial party, or any commercial product. The instructor is responsible for informing students of these limits. A Classroom License covers the Course across repeated offerings taught by the same instructor at the same Institution.
4.16.3 Research License. A Research License may be granted to a named researcher at an accredited academic or non-profit research institution for non-commercial research. The permitted uses in Section 4.3 (including publication of results and aggregate statistics) apply; publication of the Licensed Data itself, or of a reconstructable subset, remains prohibited under Section 4.4. Licensee agrees to cite WealthSchema in resulting publications.
4.16.4 Startup License. A Startup License may be granted to an organization with fewer than 20 personnel or less than USD 10 million in total equity financing at the time of the request. It is the standard Data License at a discount on one purchase; no additional rights are granted.
4.16.5 Eligibility and verification. Licensor may request reasonable evidence of eligibility (for example an institutional email address, course listing, faculty page or funding information) and may decline any request. Discount codes are personal, single-use, expire 30 days after issue, and may not be shared or transferred. A purchase made with a code obtained by misrepresentation is licensed only at the terms the purchaser actually qualifies for, and Licensor may require payment of the difference from list price.
4.16.6 Evaluation Products. Section 4.14 continues to apply to Evaluation Products purchased under any license in this Section 4.16, including the prohibition on training use.
4.17 Contact
Licensing questions, audit notices, and termination notices: support@wealthschema.com.