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Angelsoft Terms of ServiceThank you for your interest in Angelsoft. Please review the following Terms of Service, which will govern your registration and use of the Angelsoft Platform.By using any Angelsoft Service, you agree to the terms and conditions ("Terms of Service") contained in this document ("Agreement") as well as to the terms of the Angelsoft Privacy Policy, which is available at http://www.angelsoft.net/privacy.html. You agree to accept these Terms electronically. If you do not want to be bound by the Terms of Service, you must discontinue use of all Angelsoft Services.Definitions"Angelsoft" means Angelsoft, LLC, a Delaware limited liability company, 30 East 23rd Street, New York, New York 10010.The
"Angelsoft Platform" refers to any and all services provided by
Angelsoft by means of electronic communications, including, but not
limited to, storage and collaboration services."Angelsoft
Services" refers to all products and services provided to you by
Angelsoft, LLC, including, but not limited to, the Angelsoft client
software, the Angelsoft Platform, Angelsoft-provided web sites and
technical support.Description of ServicesAngelsoft
provides resources and tools to accredited investors and institutions seeking to invest in early stage companies. We have built a group management
and deal collaboration platform (the "Angelsoft Platform") designed to
meet the needs of the angel community. Angelsoft provides customized
angel group web sites with integrated deal submission functionality as
well as a secure forum for communication and sharing of due diligence
amongst and between angel groups.Angelsoft
also provides resources and tools to entrepreneurs seeking early stage
capital from angel investors. We provide an integrated means of
submitting proposals to angel groups.In order to use Angelsoft Services, you must have one of the supported Internet browsers. Additionally, you are required to register your user information with Angelsoft. Angelsoft does not provide internet access, and you are responsible for all fees associated with you internet connection.License to UseSubject
to the terms of this Agreement, Angelsoft grants to you a
non-exclusive, revocable, non-transferable license to use Angelsoft
Services, including the Angelsoft Platform. Some of Angelsoft's
services are provided free of charge, while others are provided at a
fixed fee. Please contact Angelsoft at info@angelsoft.net for more information about our pricing.AccountEligibility
In order to use the Angelsoft Platform, you must register for an
account. Accounts are only available to individuals 18 years of age or
older. Additionally, if you wish to use the Angelsoft platform as an
angel investor, you must meet the legal definition of an Accredited
Investor for your country.Limitations on Use
In order to best serve our users, and to comply with applicable laws,
Angelsoft has a limited number of guidelines which govern how you may
behave while interacting with the Angelsoft Platform. Please review the
rules below carefully, since your violation of them may result in the
termination of your access to Angelsoft Services.Data Accuracy
We ask that any registration data you provide to Angelsoft is true,
current and complete. In the event that any of this information
changes, please update it on your personal profile page. For details on
how you can access your stored data, please refer to our Privacy Policy
at .Passwords
Shortly after you complete your registration, Angelsoft will provide
you with a username and password. You are responsible for maintaining
the confidentiality of this information and are responsible for any and
all activities and postings that are made using your account. No member
of Angelsoft's staff will ever ask you for your password, so please do
not provide it if asked since this may result in a security breach.Please
notify Angelsoft immediately if you suspect that an unauthorized person
has accessed your account. Should you misplace or forget your password,
please contact our technical support staff at support@angelsoft.net.Compliance with Applicable Laws
You agree to use Angelsoft Services only as provided for in this
Agreement. You also agree not to use Angelsoft Services in any way that
is in conflict with the law in your jurisdiction. Further, you may not
use the Angelsoft Platform for the transmission of any information that
is obscene, libelous, harassing, abusive, threatening, invasive of a
user's privacy, or in violation of any other individual's intellectual
property rights.Email
Please use the email features of the Angelsoft Platform responsibly.
You may not use any Angelsoft Service to send unsolicited commercial
email ("spam") or unsolicited mass distribution of files. In order to
enforce this provision, Angelsoft may establish additional policies
regarding the use of email features, including, but not limited to,
maximum retention times of messages, maximum number of messages sent
per day, or a maximum size of a message.If
you receive any email through Angelsoft Services that you believe is
not in compliance with the above provision, please notify us by
forwarding the email, along with an explanatory note, to support@angelsoft.net.Privacy
A user may elect to make certain personal or private information
viewable through the Angelsoft Platform. You may not disclose
information obtained in this manner to any third parties without first
obtaining permission from that user. You agree not to collect or
aggregate user information accessible through the Angelsoft web site or
Angelsoft Platform for commercial use or redistribution, including the
targeted marketing of non-Angelsoft services to individual users.
Angelsoft reserves the right to immediately terminate, without notice,
the account of any user found to have violated this rule.Registered User InformationPrivacy
Angelsoft is committed to protecting the privacy of its users and has
developed a detailed Privacy Policy that describes our practices and
procedures regarding your data. The Privacy
Policy is available at www.angelsoft.net/privacy.html, and is
incorporated herein by reference. Please review the Privacy Policy
before accepting this Agreement.By
registering with or using Angelsoft Services, you consent to the
collection and use of your personal information and the transfer of
this information to the United States or other countries for the
processing and storage by Angelsoft.Limitations on ServiceWhile
it is our goal at Angelsoft to provide you with a useful, stable and
available service, we cannot guarantee that there will be no unforeseen
difficulties, technical or otherwise, which may, in rare cases, result
in service interruptions or loss of data. For this reason, Angelsoft
Services are provided strictly on an "as is" basis. By accepting this
Agreement, you agree that neither Angelsoft nor any of its third party
service providers will be held accountable for any delays in
transmission of your data, data loss, service interruptions or
retention of user settings. For a brief overview of our policies
regarding the safeguarding of your data, please view our Privacy Policy
at http://www.angelsoft.net/privacy.html.Angelsoft
reserves the right to change or discontinue, either temporarily or
permanently, any part or all of its services at any time and without
prior notice. You agree that neither Angelsoft nor any of its third
party service providers will be liable for any damages, including lost
business opportunities, should such discontinuance occur.Intellectual Property OwnershipThe
Angelsoft web site and the Angelsoft client software both contain
content that is the intellectual property of Angelsoft LLC. This
content is protected by domestic and international copyright and
trademark law and may not be used except as expressly provided for in
this Agreement. The publication, distribution, display and
retransmission of any portion of the Angelsoft web site or Angelsoft
client software or its displays, in any medium, is expressly prohibited
unless written permission is first obtained from Angelsoft or the
appropriate rights holder. All rights not expressly granted by this
Agreement are reserved to Angelsoft.GeneralDisclaimers
NONE OF ANGELSOFT, ITS AFFILIATES, THEIR RESPECTIVE MEMBERS, OFFICERS,
DIRECTORS, EMPLOYEES, AGENTS, SUPPLIERS, OR LICENSORS (COLLECTIVELY,
THE "ANGELSOFT PARTIES")
MAKES ANY WARRANTIES OR REPRESENTATIONS ABOUT THE ANGELSOFT WEB SITE OR
THE ANGELSOFT PLATFORM, INCLUDING BUT NOT LIMITED TO THEIR ACCURACY,
RELIABILITY, COMPLETENESS, OR TIMELINESS, OR RELIABILITY. NONE OF THE
ANGELSOFT PARTIES SHALL BE SUBJECT TO LIABILITY FOR TRUTH, ACCURACY, OR
COMPLETENESS OF ANY INFORMATION MADE AVAILABLE THROUGH THE ANGELSOFT
WEB SITE OR PLATFORM OR FOR ERRORS, MISTAKES OR OMISSIONS THEREIN OR
FOR ANY DELAYS OR INTERRUPTIONS OF THE DATA OR INFORMATION STREAM FROM
WHATEVER CAUSE. YOU AGREE THAT YOU USE THE SITE A SOLELY AT YOUR OWN
RISK.ANGELSOFT PROVIDES THIS AS A
RESOURCE FOR USERS INVOLVED WITH INVESTING IN EARLY STAGE TECHNOLOGY
AND EMERGING GROWTH COMPANIES BUT ANGELSOFT DOES NOT GIVE BUSINESS
ADVICE, INVESTMENT ADVICE, TAX ADVICE OR LEGAL ADVICE TO ANY OF ANYONE
USING THE SITE. ANGELSOFT DOES NOT CLAIM TO BE AND IS NOT A BROKER,
DEALER OR INVESTMENT ADVISOR AND NOTHING HEREIN SHALL CONSTITUTE A SALE
OR OFFER TO BUY OR SELL OR RECOMMEND ANY SECURITIES. ANGELSOFT DOES NOT
MAKE INVESTMENTS. EACH USER OF THE SITE MAKE HIS OR HER OWN INVESTMENT
DECISIONS BASED UPON THEIR PERSONAL DUE DILIGENCE INVESTIGATION AND
OTHER PERSONAL INVESTMENT CRITERIA. ANGELSOFT IS NOT RESPONSIBLE FOR
AND SHALL HAVE NO LIABILITY WITH RESPECT TO THE ACTIONS OR OMISSIONS OF
ANYONE USING THE SITE. AS A CONDITION TO YOUR USE OF OUR THE SITE, YOU
HEREBY WAIVE AND RELEASE ANY AND ALL CLAIMS, CAUSES OF ACTION OR OTHER
RIGHTS THAT YOU MIGHT HAVE AGAINST ANY OF THE ANGELSOFT PARTIES ARISING
OUT OF OR RELATING TO THE SUBMISSION AND REVIEW OF ANY MATERIALS MADE
AVAILABLE THROUGH THE SITE.ANGELSOFT
DOES NOT AGREE TO ANY OBLIGATIONS OF CONFIDENTIALITY, NONDISCLOSURE OR
NONUSE, EXCEPT AS EXPLICITLY PROVIDED FOR IN OUR PRIVACY POLICY.IN
NO EVENT SHALL ANY ANGELSOFT PARTY BE LIABLE FOR ANY DAMAGES WHATSOEVER
(INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES,
LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS
INTERRUPTION) RESULTING FROM EITHER A PERSON OR ENTITYÐ¥S USE OR
INABILITY TO USE THE SITE, OR THE SUBMISSION OF ANY MATERIALS VIA OUR
SITE, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE),
OR ANY OTHER LEGAL THEORY, EVEN IF A ANGELSOFT PARTY HAS BEEN ADVISED
OF THE POSSIBILITY OF SUCH DAMAGES.Some
states do not allow exclusion of implied warranties or limitation of
liability for incidental or consequential damages, so the above
limitations or exclusions may not apply to you. IN SUCH STATES, THE
LIABILITY OF THE COMPANY PARTIES SHALL BE LIMITED TO THE GREATEST
EXTENT PERMITTED BY LAW.Indemnification
At Angelsoft's request, you agree to defend, indemnify and hold
harmless Angelsoft LLC, its shareholders, partners, affiliates,
directors, officers, subsidiaries, employees, agents, licensees,
distributors and content providers from all damages, liabilities,
claims and expenses, including without limitation attorneys' fees and
costs, arising from or related, directly or indirectly, to any misuse
of the Service or breach of this Agreement by you.Termination
Angelsoft reserves the right to suspend or terminate this Agreement
immediately and without notice if you breach this Agreement.Severability
If any provision of this Agreement is found unenforceable by any court
of competent jurisdiction, it will not affect the validity of the other
provisions of this Agreement, which shall remain in effect.Arbitration
All disputes arising out of or relating to this Agreement shall be
finally settled by arbitration conducted in New York, NY under the
rules of commercial arbitration of the American Arbitration
Association. Both parties shall bear equally the cost of arbitration
(exclusive of legal fees and expenses). All decisions of the
arbitrator(s) shall be final and binding on both parties and
enforceable in any court of competent jurisdiction.Modifications to the Terms of Service
Angelsoft may change the Terms of Service at any time and in its sole
discretion. The modified Terms of Service will be effective immediately
upon posting and you agree to the new posted Terms of Service by
continuing your use of Angelsoft Services. Angelsoft will provide at
least 30-days' notice before any material changes take effect. If you
do not agree with the modified Terms of Service, your only remedy is to
discontinue using Angelsoft Services.YOU
ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT, UNDERSTAND IT, AND AGREE
TO BE BOUND BY ITS TERMS AND CONDITIONS. YOU FURTHER AGREE THAT IT IS
THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN YOU AND
ANGELSOFT WHICH SUPERSEDES ANY PROPOSAL OR PRIOR AGREEMENT, WRITTEN OR
ORAL, AND ANY OTHER COMMUNICATION BETWEEN YOU AND ANGELSOFT RELATING TO
THE SUBJECT MATTER OF THIS AGREEMENT.Should you have any questions concerning this Agreement, please email Angelsoft at info@angelsoft.net.© 2008 Angelsoft LLC. All rights reservedTerms of Service|Privacy|Share Screen with Support|Contact|