Terms of Service

Last updated September 30, 2026

1. What Vestly is

Vestly is record-keeping software. You describe a cash retention bonus that is earned over time, and Vestly tracks it, shows each employee their own balance, and produces documents describing the terms you set.

What Vestly is not, stated plainly because each of these is a reasonable thing to assume and each is wrong:

• Not a payroll provider. Vestly never holds, moves, or pays out your money or your employees’ money. When an amount vests, you pay it through your own payroll.
• Not a law firm and not a tax advisor. The documents Vestly produces are templates. They are not legal or tax advice, and they say so on their own face.
• Not the employer. You are. Vestly records the promise you made; it is not a party to it.
• Not an equity or securities platform. A Vestly bonus is cash. It conveys no ownership, no profit share, and no vote.

2. Your account

You need an account to use Vestly, and you are responsible for what happens under it. Keep your password to yourself. If you think somebody else has it, change it and write to us.

You must be authorised to act for the business you register, and old enough to enter a contract where you live.

3. What you are responsible for

This is the part that matters most, because Vestly records a financial promise you are making to a person who works for you.

• The terms you enter are yours. Vestly computes a schedule from the amount, length, cadence and waiting period you choose, and does not check whether those terms are a good idea or lawful where you operate.
• Paying what vests is yours. Vestly notifies and records; it does not pay.
• Tax treatment is yours. Vested amounts are ordinarily wages subject to withholding and reporting, and you are the one who must handle that.
• Having the documents reviewed is yours. We recommend an attorney read the bonus agreement before you hand it to anybody.
• The accuracy of the people and figures you enter is yours. Your employees can see what you record about them, which is the point.

4. Employee accounts

Each person you enroll gets their own login. You cannot see their password and cannot sign in as them. You can see their enrollment, their balance, and whether they have confirmed reading their agreement.

By adding somebody, you confirm you have a working relationship with them and may give us their name and email address for this purpose.

5. Fees and billing

Vestly costs $79 a month, which covers your first 15 enrolled people, plus $3 a month for each person beyond that. Prices are in US dollars and exclude any tax that may apply.

• New accounts get a free trial. No card is required to start it. When it ends without a subscription, you keep full read access to everything already recorded and cannot add new people.
• Subscriptions are billed monthly in advance through Stripe. Card details go to Stripe and never reach Vestly.
• Your seat count is taken from how many people have a live enrollment when you subscribe or when your plan changes.
• If a payment fails, Stripe retries it for roughly two weeks and your account keeps working during that period.
• You can cancel at any time from the billing portal. Cancelling stops future charges and leaves your records readable.
• We may change prices, and will tell existing subscribers before a change affects them.

6. Acceptable use

Do not use Vestly to:

• Record a promise you have no intention of honouring.
• Impersonate somebody, or enroll a person who does not work for you.
• Break into, overload, probe, or reverse engineer the service.
• Break the law where you or your employees are.

We may suspend an account we reasonably believe is doing any of these. If we do, we will say why.

7. Your data

Your records are yours. We store and process them to run the service for you, and we do not sell them or use them to advertise to anybody. What we collect and who it reaches is set out in the privacy policy.

You can ask us for an export or a deletion by writing to contact@usevestly.com. Deleting a company deletes its enrollments, schedules and documents, which is irreversible.

8. Availability

Vestly runs on third-party infrastructure and will sometimes be unavailable, for maintenance or for reasons outside our control. No uptime level is promised here.

Because vesting is computed from dates rather than from a job that has to run on time, an outage does not lose value or change what has vested. A notification may arrive late; the record does not change.

9. Ending the relationship

You may stop using Vestly whenever you like. We may end an account for a serious or repeated breach of these terms, or if we stop offering the service — in which case we will give reasonable notice and a way to export your records first.

10. Changes to these terms

We may update these terms. For a material change we will notify account owners by email and update the date at the top. Continuing to use Vestly after a change means you accept the updated terms.

11. Governing law

These terms are intended to be governed by the laws of the State of Tennessee, United States. The venue and dispute-resolution provisions that would ordinarily accompany this are part of the gap noted above.

12. Contact

Vestly is operated by Keith Lowery. Write to contact@usevestly.com.