EX-10.6 S-1 · CIK 2139511 · 0001683168-26-005056

UNIVERSITY2VENTURES CONTRACT

View original filing on SEC EDGAR →  ·  seen Jun 23, 2026, 10:45 EDT

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FILING DETAILS

Filer
Spin AI Inc.
Filed
Jun 23, 2026
SEC file no.
333-296960
State of inc.
WY
Location
SHERIDAN, WY

Exhibit 10.6

 

SPIN AI INC. — SaaS SUBSCRIPTION AGREEMENT

 

30 N Gould St, Suite R, Sheridan, WY 82801  |  admin@spininc.io  |  spininc.io

 

Early Adopter Package

 

Provider: Spin AI Inc., a Wyoming corporation

Subscriber: University2Ventures GmbH, Berlin, Germany

 

1. Services

 

Provider grants Subscriber access to the SPIN AI Academic Intelligence Platform at the Operator tier: unlimited signal alerts, daily intelligence briefs, full dashboard with network maps, unlimited watchlists, custom alert thresholds, researcher deep-dives, priority support (4-hour SLA), Spin Potential Index™ scoring, and up to 3 named user seats.

 

2. Term & Commencement

 

The subscription term shall be 15 months commencing on November 1, 2026, contingent upon the commercial launch of the SPIN AI platform (the “Launch Date”). If the platform has not launched by November 1, 2026, the commencement date shall be deferred to the actual Launch Date, and both parties may terminate this Agreement by written notice if the platform has not launched by March 31, 2027. Unless either party provides written notice of non-renewal at least 30 days before the end of the term, the subscription shall automatically renew for successive 12-month periods at the then-current standard Operator rate.

 

3. Fees

 

Item

Details

Standard Operator rate

$1,499/mo

Early Adopter Package rate (40% discount)

$899/mo

Initial term

15 months

Total agreement value

$13,485

Your savings vs. standard

$9,000

 

Payment: monthly invoicing (net 30) or annual prepayment (additional 5% discount). Early termination triggers a clawback equal to the discount received on months served. No fees accrue prior to commencement.

 

4. Confidentiality & Data

 

Each party holds the other’s non-public information confidential. Subscriber’s watchlists, alerts, and usage data are confidential and will not be sold, shared, or monetized. Provider may use aggregated anonymized data for product improvement only.

 

5. IP & License

 

All Platform IP remains Provider’s property. Subscriber receives a limited, non-exclusive, non-transferable license for internal business use during the term.

 

 

 

 

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6. Liability & SLA

 

Provider’s aggregate liability shall not exceed fees paid in the preceding 12 months. No liability for indirect, consequential, or lost-profit damages. Target uptime: 99.5%; service credit issued if monthly uptime falls below 95%.

 

7. General

 

Governed by Wyoming law. Entire agreement; amendments require written consent of both parties. Neither party may assign without consent except in connection with M&A. Termination for material uncured breach (30-day cure period). Platform outputs are informational and do not constitute investment advice.

 

 

 

SPIN AI INC.

By: /s/ Katizie Bakht Murad
Name: Katizie Bakht Murad
Title: President
Date: June 4, 2026

UNIVERSITY2VENTURES GMBH

By: /s/ Dr. Philipp Semmer
Name: Dr. Philipp Semmer
Title: Founding Partner
Date: June 4, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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