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Terms and Conditions

Last Updated: June 19, 2025

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Agreement to Terms

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Please review these Terms and Conditions carefully. If you do not agree to these Terms and Conditions, you are not authorized to use this website.  These Terms and Conditions constitute a legally binding agreement between you and Parallel Systems, Inc., a Delaware corporation, with offices at 1245 Factory Place, Los Angeles, CA 90013 ("Parallel," "we," "us," or "our"). By accessing our website at https://moveparallel.com, you agree to be bound by these terms.

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Site Content

This website is provided on an "as is" basis and may use internet services that are not under our direct control. While we strive to provide accurate descriptions of our products and services, we do not warrant that the descriptions, pricing, or other content on the Site are accurate, complete, or current. We reserve the right to correct errors and to cancel any orders that were placed using incorrect descriptions or pricing.

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Acceptable Use

You agree to use our website only for lawful purposes and in accordance with these Terms. You may not:

• Use our website for any illegal or unauthorized purpose

• Attempt to gain unauthorized access to our systems

• Interfere with the proper functioning of our website

• Violate any applicable laws or regulations

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Intellectual Property Rights

All content on our website, including graphics, logos, trademarks, images, software, designs, and proprietary systems, are owned by Parallel Systems and protected by intellectual property laws. You may not reproduce, distribute, or create derivative works without our written permission.

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Site Use

We grant you a limited, revocable, nonexclusive license to use this website solely for your own personal use and not for republication, distribution, assignment, sublicense, sale, preparation of derivative works, or other use. You agree not to copy content from this website, reverse engineer or hack into this website, or use materials, products or services in violation of any law. Your use of this website is at our discretion and we may terminate your access and use at any time.

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Disclaimer

THE INFORMATION ON THIS SITE IS PROVIDED ON AN "AS IS," "AS AVAILABLE" BASIS. YOU AGREE THAT USE OF THIS SITE IS AT YOUR SOLE RISK. WE DISCLAIM ALL WARRANTIES OF ANY KIND, INCLUDING BUT NOT LIMITED TO ANY EXPRESS WARRANTIES, STATUTORY WARRANTIES, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. TO THE EXTENT YOUR JURISDICTION DOES NOT ALLOW LIMITATIONS ON WARRANTIES, THIS LIMITATION MAY NOT APPLY TO YOU. YOUR SOLE AND EXCLUSIVE REMEDY RELATING TO YOUR USE OF THE SITE SHALL BE TO DISCONTINUE USING THIS WEBSITE.

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Limitation of Liability

UNDER NO CIRCUMSTANCES WILL WE BE LIABLE OR RESPONSIBLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL (INCLUDING DAMAGES FROM LOSS OF BUSINESS, LOST PROFITS, LITIGATION, OR THE LIKE), SPECIAL, EXEMPLARY, PUNITIVE, OR OTHER DAMAGES, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN ANY WAY RELATING TO THIS WEBSITE, YOUR SITE USE, OR THE CONTENT, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. YOUR SOLE REMEDY FOR DISSATISFACTION WITH THIS WEBSITE OR CONTENT IS TO CEASE ALL OF YOUR SITE USE.

You may have additional rights under certain laws (including consumer laws) which do not allow the exclusion of implied warranties, or the exclusion or limitation of certain damages. If these laws apply to you, the exclusions or limitations in these Terms and Conditions that directly conflict with such laws may not apply to you.

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Data and Privacy

Your use of our services is also governed by our Privacy Policy, which is incorporated into these Terms by reference.

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Modifications to Terms

We may update these Terms from time to time. We will notify you of material changes by posting the updated Terms on our website with a new effective date. Your continued use of our website after such changes constitutes acceptance of the new Terms.

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Governing Law and Disputes

These Terms shall be governed by the laws of the State of Delaware. Any disputes arising under these Terms shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.

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Contact Information

If you have questions about these Terms,please contact us at:

Email: legal@moveparallel.com

Address: 1245 Factory Place, Los Angeles,CA 90013

Parallel Systems enables railroads to serve new markets by converting freight from trucking to rail. We’re building automated, battery-electric, freight rail vehicles and the tools to integrate this service into railroad operations. We coexist with and complement existing freight rail service.

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