TERMS OF USE OF BOUND

Thank you for using Bound Service. Please read these Terms of use carefully. By creating a user account (“Account”) on https://boundwell.io (the “Website”), you agree to these Terms of Use, which results in a legal agreement between you (a registered user who created an Account to use the Service, hereinafter as “User”) and Bound. These Terms of Use also include our Privacy and Cookie Policy (Terms of Use, Privacy Policy, and Cookie Policy hereinafter as “Agreement”). If you use the Service on behalf of a company or other legal entity, then “you” also means the legal entity for which you are setting up the Account.

Who is Bound? Bound s.r.o., Company ID No.: 13965948, with its registered office at Plynarni 1617/10, Holesovice, 170 00 Praha 7, Czech Republic, represented by Pavel Sima, Executive director, registered with the Municipal Court in Prague, Section C, Insert 358014 (“Bound” or “us”).

What is Service? It is a tool via which the User can enter reviews about your experience with investors (“Reviews”), as available on the website https://boundwell.io/review/add/, as well as a database of Reviews and investor profiles, along with a search engine to find Reviews about those investors, which can help others find the right investor and avoid potential bad fits for your start-up.

Who is the User? The User is you, a registered user of the Service, willing to publish a Review. Even though it is possible to read some Reviews without registration, not becoming a User causes limited availability of the Service, and you cannot fill in a Review.

Contact details: hitus@boundwell.io

  1. ELIGIBILITY TO USE THE SERVICE

    In order to use the Service, you must:

    • complete the registration process, providing all required information truthfully and correctly;
    • agree to the Agreement (these Terms of Use, Privacy Policy and Cookie Policy);
    • be at least 18 years old;
    • use the Service for your personal use only, not with the intention to promote your business;
    • create only one profile if you registered a profile on behalf of a company or other legal entity;
    • not be a consumer - our Service is intended for entrepreneurs only.

    You may not be able to use Bound if your Account has been terminated or banned. Bound may refuse the provision of Service, close your Account or change eligibility requirements, as described below.

  2. YOUR ACCOUNT

    To create the Account to use the Service, you must:

    • be eligible to use the Service;
    • fill in your email or also a link to your LinkedIn profile
    • maintain the confidentiality of your Account information and password;
    • notify us on hitus@boundwell.io if you suspect any unauthorized use of your Account or access to your password;
    • respect the conditions of using the Service listed below.

    As a User, you can terminate your Account at any time by contacting us at hitus@boundwell.io.

  3. REVIEWS

    Content copyright. Bound welcomes all your Reviews. While sending us a Review, you also grant Bound the right to use, alter, delete or publish any content of the Review you submitted, without compensation. That means that after you publish a Review, Bound becomes the owner of all available content on the Website, including all concerned intellectual property rights for such content.

    Anonymity. The Reviews you publish are anonymous. We will not share your information with investors unless instructed by a competent authority (e.g., a public authority or a court). If you wish to use the feature that discloses your identity, we will do so only with your express consent.

  4. BOUND INTERVENTION

    Liability for content. Bound also emphasizes that it is not Bound who is responsible for the published Reviews, but the User.

    Please acknowledge that we don't moderate the Reviews. However, if you have any concerns about some of the Reviews, please contact us at hitus@boundwell.io.

    Bound can intervene if it:

    • receives a notice that the published Review infringes law regulation, in particular, intellectual property rights;
    • obtains a substantiated complaint about the incorrectness of the Review;
    • will thus be ordered by a public authority;
    • considers that the User has violated this Agreement or otherwise harms Bound;
    • you breach this Agreement.

    Bound's intervention may involve:

    • deleting your Account;
    • making it impossible to add Reviews again;
    • deleting some or all of your Reviews.

    Bound can terminate the Agreement at any time and for any reason, but especially for violations of conditions of the Service listed in Art. 5, which concludes in breaching this Agreement. If your Account has been terminated, we may delete your Account and all your posted Reviews.

    If an intervention occurs by Bound, the User is not entitled to any compensation for damage caused by such intervention.

  5. CONDITIONS OF USING THE SERVICE

    The Service can only be used within the scope of the nature of the Service, this Agreement, and the applicable law of the Czech Republic.

    You also agree that you will not:

    • post a Review that:
      • is spam or not based on business experience;
      • is a promotion of your brand or company;
      • is harassing, threatening, inappropriate, racist, or otherwise hateful;
      • contains false or misleading information, especially if it is defamatory;
      • impersonates another person or company;
      • breaches a law of your country, especially by violating trade secret, trademark, copyright, or patent; is discriminatory;
      • advertises illegal activities, counterfeit products or products that infringe the intellectual property rights of others;
      • contains, promotes or supports a threat of physical harm or hateful content;
      • is sexually explicit;
      • contains a link to a website that is not related to the Review;
    • imply a partnership with Bound without our written permission;
    • create multiple Accounts;
    • strip or mine data from the Website;
    • store information stored on the Website in any way, especially for the purpose of monetization
    • incorporate any content or code of Bound's Website into a different website, excluding your own Review;
    • monetize the content of the Reviews;
    • interfere with any functionality of the Website.

    Bound can also intervene if you share content that, in our sole discretion, is materially false, inaccurate or misleading in a manner that could deceive or confuse others about important events, topics or circumstances.

  6. LIABILITY

    Limitations of Liability. Bound assumes no responsibility and disclaims all liability for the accuracy, legality, reliability, availability, or completeness of the content and Reviews.

    You, as a User, are solely responsible for the possible consequences of publishing your Review - such as providing incorrect information that may damage the reputation of the reviewed investor.

    The User is fully liable for any damage caused by his unauthorized conduct that is in violation of this Agreement. In no event shall Bound be liable for any lost profit or any indirect damages arising from the use of the Service to the User or any third person. Notwithstanding the foregoing, the User agrees that the maximum amount for which Bound may be liable is €100.

    Limitations of Service. When using the Service, you may experience technical or other difficulties. We cannot assume responsibility for any technical or other difficulties or any resulting damages that you may incur. Bound reserves the right to change, suspend or discontinue the Service, in whole or in part, or your use of the Services, in whole or in part, immediately and at any time without prior notice to you.

    Compensation. The User agrees to reimburse and hold Bound (including primarily, but not exclusively his directors, employees, or subsidiaries) harmless from and against any claim or demand made by a third party in connection to the use of Service, third-party rights of violation of this Agreement. Compensation covers damage incurred by the User, including the costs of legal representation of Bound.

    The User is only eligible to claim damages against Bound if there has been a violation of the Agreement or law legislation by Bound towards the User. Bound is only liable to the extent of foreseeable and average damages when the contract was entered into.

    Force Majeure. In no event shall Bound be responsible or liable for any failure or delay in the performance of its obligations under this Agreement arising out of or caused by, directly or indirectly, forces beyond its reasonable control, including without limitation strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes, interruptions, loss or malfunctions of utilities, communications or computer (software or hardware) services.

  7. FINAL PROVISIONS

    By creating an Account, you agree to be bound by this Agreement.

    Change to Terms of Use. Bound may review these Terms of Use from time to time. The revised Terms of Use will be immediately effective for all Users. If Bound makes a change that it considers as fundamentally affecting your rights under this Agreement, you will be notified by email obtained during registration of your Account. In this case, a later date may be set for the new version of the Agreement to take effect. The current wording of the Terms of Use always governs the rights and obligations arising from this Agreement. If you do not agree to the change of Terms of Use, please stop using the Service.

    Protection of intellectual rights. Any intellectual property rights relating to the Service that are the sole ownership of Bound or its licensors and are subject to the protection granted by the applicable laws or international treaties relating to intellectual property, including Bound’s registered trademarks. In providing the service, Bound does not grant intellectual property rights licenses to Users.

    Contract termination. If you no longer wish to be bound by this Agreement, let us know at hitus@boundwell.io, and we will terminate your Account, which will lead to termination of this Agreement.

    Portability of rights. The Owner reserves the right to transfer, assign, or subcontract any or all rights or obligations under this Agreement.

    Severability. If any provision of the Agreement is or becomes void, invalid, unenforceable, or illegal for whatever reason, this will not affect the validity and enforceability of other provisions of the Agreement, if that provision can be separated from the Agreement as a whole.

    Choice of Law. This Agreement is governed by the law of the Czech Republic. The Contracting Parties expressly exclude the application of the Convention on Contracts for the International Sale of Goods, Regulation (EC) No No 593/2008 of European Parliament and the Council on the law applicable to contractual obligations (Rome I) and the Regulation (EC) No 864/2007 of European Parliament and the Council on the law applicable to non-contractual obligations (Rome II).

    Dispute Resolution. Any or all disputes arising out or touching upon or in relation to the terms and conditions of this Agreement, including the interpretation and validity of the terms thereof and the respective rights and obligations of the Parties, shall be settled amicably by mutual discussion. If an agreement is not possible, the courts of the Czech Republic shall have jurisdiction to settle any dispute or claim arising out of or in connection with this Agreement or its subject matter.

    Latest version: 2022-01-01