We grant You a personal, non-exclusive, non-transferable, limited privilege to enter and use the Platform.
ACCESSING, BROWSING OR OTHERWISE USING THE PLATFORM INDICATES YOUR ACCEPTANCE OF ALL THE TERMS AND CONDITIONS IN THESE TERMS OF USE. PLEASE READ THESE TERMS OF USE CAREFULLY BEFORE PROCEEDING. YOU DECLARE YOUR WILLINGNESS TO ABIDE AND BE BOUND BY THESE TERMS OF USE THROUGH YOUR USE OF THE PLATFORM. IF YOU DO NOT AGREE WITH THE TERMS OF USE, PLEASE DO NOT USE THE PLATFORM. These Terms of Use will be effective immediately upon Your acceptance of Our terms and conditions, Your use of Our Platform being indicative of such acceptance. These Terms of Use shall be enforceable, in the same manner as any other written agreement.
1. What we do? What is REGULUS VENTURES? What is its purpose?
Regulus Ventures is an angel investing platform.
REGULUS VENTURES provides angel investing platform with the purpose of providing an opportunityto create wealth for its members. This platform aims to leverage and apply the distributed knowledge of themembers, in a collective manner, to a given investment opportunity. Since there is no need of intermediariesin deal sourcing, evaluating and investing in startups, we expect to reduce the cost, time and effort significantly. It also allows a new investor to start with a small investment, while still making a meaningful value proposition for the startup with combined funding from various members.We may also provide certain offline services including but not limited to conducting webinars, workshops and providing an opportunity to the users of the Platform to interact with other users of the Platform offline.
2.1 You cannot access the Platform without registering for an account. To use the features, You will need to register and create a profile with accurate and complete information. Your profile must be your own or of a person or, an entity You are entitled to represent and You shall not use or provide any information that is offensive or that violates any third party’s rights.
2.2 Account de-activation: You can choose to de-activate Your account with REGULUS VENTURES maintained on the Platform by notifying investment.platform@regulus.finance .Please note that any cancellation / deactivation of Your account shall be subject to the payment terms applicable to You.
3.1 You shall not host, display, upload, modify, publish, transmit, update or share any information that:
You understand that any content You find on or through the Platform is the sole responsibility of the person who originated such content. You confirm that You are not relying on REGULUS VENTURES to, and that You understand that We do not, endorse, support, represent or guarantee the completeness, truthfulness, accuracy or reliability of any content or communications posted via the Platform or endorse any opinions expressed on the Platform. You understand that Your content may be republished and if You do not have the right to submit content for such use, it may subject You to liability, and that REGULUS VENTURES will not be responsible or liable for any use of Your content by REGULUS VENTURES in accordance with these Terms of Use.
3.1 You shall not host, display, upload, modify, publish, transmit, update or share any information that:
4. Representations and Warranties of User
You hereby represent and warrant:
4.1 That You have the right, authority, and capacity to enter into this Terms of Use on Your own behalf and on behalf on any entity for whom You are acting and to abide by all of the terms and conditions contained herein, and that if any aspect of Your participation violates provisions of the law to which You are subject, You will cease using the services and close your account.
4.2 That You are at least 18 years old and competent to execute and perform into any agreement you enter into through Our Platform.
4.3 That You shall not use a false name or email address owned or controlled by another person with the intent to impersonate that person or for any other reason.
4.4 That You shall not use a user ID name that is subject to any rights of a person other than yourself without appropriate authorization.
4.5 That You shall comply with the terms and conditions stipulated in this Terms of Use.
4.6 That You shall be solely responsible for maintaining the confidentiality of Your password.
4.7 That all the representations made by You to Us including in accordance with these terms and conditions are true, correct and complete and that You will update your registration information with the Company as needed so that it remains true, correct and complete.
4.8 That You will conduct yourself in a professional manner in all your interactions with any other user, REGULUS VENTURES, their respective HQ members, employees and officers and shall not defame, harass, intimidate, threaten, disparage, libel or otherwise make false statement concerning any of the aforesaid persons in the course of your interactions with them or third parties.
4.9 That Your usage of the Platform will not, in any manner, directly or indirectly, violate terms of any contractual arrangement binding on You. Further, You agree not to use the Platform in a manner that results in an event where You may experience a conflict of interest such as with an entity in which You are currently holding shares; You are a director or a key employee or You exercise significant influence.
4.10 That You shall cooperate in good faith with other users, fellow shareholders in the Startup, REGULUS VENTURES and its personnel, and their respective employees and officers to give effect to and honour the terms of any contract entered into between You and such persons, whether or not executed through the Platform.
5. Emails, Newsletters and Notifications
6.1 This Platform is operated by and is the sole property of REGULUS VENTURES. Any and all material on this Platform, including images, illustrations, audio and video clips, trade names, proprietary information and knowledge, technology, databases, or rights with respect thereto necessary for Our business as is now being operated are protected by copyrights, trademarks, and other intellectual property rights that are owned by Us or by other parties that have licensed such material to Us, or such parties having ownership of content uploaded on the Platform. You agree that any and all material displayed on the Platform is solely for Your personal use and You shall not, whether directly or indirectly, copy, reproduce, republish, post, upload, transmit or distribute such material in any manner and through any media including by way of e-mail or other electronic means and You shall not assist any other person in doing so. Modification of the said materials or use of the materials on any other Platform or networked computer environment or use of the materials for any purpose other than personal use is a violation of the said copyrights, trademarks and other intellectual proprietary rights, and is expressly prohibited. Regulus Ventures grants to You a temporary, non-exclusive, revocable, non-transferable limited license to use the Platform for your own use. All right, title, and interest in and to the Platform (excluding content uploaded specifically by a user) is and will remain the exclusive property of REGULUS VENTURES and/or its licensors.
6.2 You agree that these Terms of Use, do not entitle You to any support, upgrades, updates, add-ons, patches, enhancements, or fixes for the Platform (Updates). We may, however, occasionally provide automatic Updates to the Platform at its sole discretion (and without any advanced notification to You). Any such Updates shall become part of the services and subject to these Terms of Use.
6.3 From time to time, we test various aspects of our Platform, including our website, user interfaces, service levels, plans, promotions, features, availability of content, delivery, and pricing, and we reserve the right to include you in or exclude you from these tests without notice.
6.4 Regulus Ventures shall have no obligation to monitor or enforce any intellectual property rights that may be associated with the content provided by You on the Platform.
7.1 The Platform may be used only for lawful purposes. REGULUS VENTURES specifically prohibits any use of the Platform for and You agree not to use the Platform for any of the following purposes:
7.1.1 Modifying, publishing, storing, transmitting, distributing, displaying, performing, participating in the transfer or sale of, create derivative works on, or in any way exploiting, any of the copyrighted material contained on the Platform, in whole or in part, without Our prior written consent.
7.1.2 Subleasing, leasing, selling, assigning, transferring, distributing, renting, permitting concurrent use of, or granting other rights in the content and any material and documentation provided on the Platform by other users or REGULUS VENTURES to any third party.
7.1.3 Providing use of the content in a computer service business, network, time sharing, interactive cable television, multiple CPU or multiple or concurrent user arrangement to users who are not individually licensed by REGULUS VENTURES or otherwise exploiting any portion of, the use of or access to the content or the materials or documentation provided on the Platform in contravention of these Terms of Use.
7.1.4 defame, libel, disparage, threaten, harass or intimidate anyone or otherwise violate the personal, privacy, contractual, intellectual property or other rights of any person, including by the use of offensive comments related to race, national origin, gender, sexual preference or physical handicap.
7.1.5 submit any content or material that falsely expresses or implies that such content or material is sponsored or endorsed by REGULUS VENTURES.
7.1.6 sell access to the Platform or any part thereof other than through a mechanism expressly approved by REGULUS VENTURES.
7.2 REGULUS VENTURES may also place additional fair use restrictions including restrictions on concurrent connections and time of usage.
We reserve the right at any time and from time to time, in Our sole discretion, to modify the content on the Platform or any part thereof, including the transmission of any related materials or documentation, with or without providing prior notice to You. We further reserve the right at any time and from time to time, at Our sole discretion, to alter, modify or terminate any content or features contained on the Platform without providing to You prior notice of such alteration, modification or termination. You agree that Regulus Ventures shall not be liable to You or to any third party claiming through You, for any modification of the content or features provided on the Platform.
9. System Limitations and Failures
We use internally developed systems for providing You access to and facilitating Your use of the Platform. These systems may encounter technical or other limitations, and computer and communications hardware systems might experience interruptions. Further, We continually enhance and improve these systems in order to accommodate the level of use of the Platform. We may also add additional features and functionality to Platform that might result in the need to develop or license additional technologies. Increased utilization of the Platform or providing new features or functionality may cause unanticipated system disruptions, slower response times, degradation in levels of customer service, and delays in reporting accurate financial information. You agree that We shall not be liable to You or to any third party claiming through You, for any such failures contemplated herein.
10. Privacy and Confidentiality
10.2 Please read Our privacy policy to understand Our information collection and usage practices. You may obtain certain confidential information, including without limitation, technical, contractual, product, pricing, business related functions, activities and services, customer lists, knowledge of customer needs and preferences, business strategies, marketing strategies, methods of operation, markets and other valuable information that should reasonably be understood as confidential (“Confidential Information”). You acknowledge and agree to hold all Confidential Information in strict confidence. Title and all interests to all Confidential Information shall be vested in Us. Your obligations regarding Confidential Information will survive the termination of these Terms of Use in accordance with Paragraph 18 below. Upon such termination, You must stop forthwith using any Confidential Information to which You may have been exposed in due course of Your use of the Platform.
10.3 You agree that Your obligations under this Paragraph 10 are necessary and reasonable in order to protect Our business and expressly agree that monetary damages would be inadequate to compensate for any breach of any covenant or agreement set forth herein. Accordingly, You agree and acknowledge that any such violation or threatened violation will cause irreparable harm and injury to Regulus Ventures and that, in addition to any other remedies that may be available, in law, equity or otherwise, Regulus Ventures shall be entitled to obtain injunctive relief against the threatened breach of the terms of this Paragraph or the continuation of any such breach.
10.4 The restrictions in this Paragraph 10 shall not apply to disclosure of Confidential Information by either party if and to the extent the disclosure is:
a. required by the Applicable Law of any jurisdiction
b. required by any applicable securities exchange, supervisory or regulatory or governmental body to which the relevant party is subject or submits, wherever situated, whether or not the requirement for disclosure has the force of law
c. made to employees and representatives on a need to know basis, provided that such persons are required to treat such information as confidential through written agreement in terms which are no less strict than this Paragraph
Provided that, restriction in this Paragraph 10 shall not apply to disclosures of Confidential Information made by REGULUS VENTURES to its shareholders, directors, managers, potential investors and/or Affiliates. Provided further that REGULUS VENTURES may disclose the Confidential Information to third party vendors and customers or pursuant to partnering arrangements without the restriction of this Paragraph 13 provided that such persons are required to treat such information as confidential through written agreement in terms which are no less strict than this Paragraph.
11. Additional / Special Terms and Conditions
Regulus Ventures may notify you or request you to accept additional or special terms and conditions in relation to Your access of certain features or services on the Platform. You agree that You shall access or use such features and services only in accordance with such additional or special terms and conditions as if they were incorporated herein these Terms of Use.
12. Links to / from other Platforms and Third Party Tools
12.1 The Platform may contain link/s to various other websites. These links are provided solely for Your convenience and benefit. Wherever such link/s lead to websites which are not owned by or belong to Regulus Ventures, We shall not be responsible for the content, products and services provided on such linked sites. We do not warrant or make any representations regarding the correctness or accuracy of the content on such websites. If You decide to access such linked websites, You do so at Your own risk. We do not in any way endorse the linked websites.
12.2 Similarly, this Platform can be made accessible through a link created by other websites. Access to this Platform through such link/s shall not mean or be deemed to mean that the objectives, aims, purposes, ideas, concepts of such other websites or their aim or purpose in establishing such link/s to this Platform are necessarily the same or similar to the idea, concept, aim or purpose of Our Platform or that such links have been authorized by Us. We are not responsible for any representation/s of such other websites while affording such link and no liability can arise upon REGULUS VENTURES consequent to such representation, its correctness or accuracy. In the event that any link/s afforded by any other website/s derogatory in nature to the objectives, aims, purposes, ideas and concepts of this Platform, is utilized to visit this Platform and such event is brought to the notice or is within the knowledge of REGULUS VENTURES, civil or criminal remedies as may be appropriate shall be invoked.
12.3 Certain Members can connect their account on the Platform to other platforms such as LinkedIn or any other third party websites. This feature requires you to accept and comply with the terms of service and privacy policy of such third partywebsite. If you choose to connect, you will be able to take advantage of various social features included as part of the Platform specifically for the features available on such third party websites. In addition, REGULUS VENTURES may personalize and otherwise enhance your experience based on your information obtained from or through such third partywebsite. By connecting your REGULUS VENTURES account to your LinkedIn account or any other third party accounts, you acknowledge and agree that you are consenting to the continuous release of information about you to others, including to LinkedIn or any other thirdparty (in accordance with your privacy settings on such third party and these Terms of Use). If you do not want information about you to be shared in this manner, do not use the connect feature of LinkedIn or any other third party website. We disclaim all warranties in relation to and all liabilities arising from any use of your personal information by LinkedIn or any other third party website.
13.1 You are prohibited from violating or attempting to violate the security of the Platform, including, without limitation:
a. accessing data not intended for You or logging into an account which You are not authorized to access
b. attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization
c. interfere with service to any user, host, or network.
13.2 You shall not misuse this Platform by knowingly introducing viruses, trojans, worms, logic bombs or other materials that are malicious or technologically harmful (together “Viruses “). You must not attempt to gain unauthorized access to our Platform, the server on which the Platform is stored or any server, computer or database connected to this Platform. You must not attack this Platform via a denial-of-service attack. Further, You shall not interfere with or circumvent any security feature of the Platform or any feature that restricts or enforces limitations on use of or access to the Platform, such as probing or scanning the vulnerability of any system, network or breach.
13.3 By breaching the provisions of this Paragraph 13, You may be liable to be prosecuted under the applicable law. We will report any such breach to the relevant law enforcement authorities and We will co-operate with such authorities by disclosing Your identity to them. In the event of such a breach, Your rights to use this Platform will cease immediately.
13.4 We will not be liable for any loss or damage caused by a denial-of-service attack or Viruses that may infect your computer equipment, computer programs, data or other proprietary material due to Your use of this Platform or to Your downloading of any material posted on it, or on any Platform linked to it.
13.5 You agree to immediately report to Us all incidents involving suspected or actual unauthorized access, disclosure, alteration, loss, damage, or destruction of data.
13.6 You shall not interfere with or disrupt (or attempt to interfere with or disrupt) access and enjoyment of the Platform of other users or any host or network, including, without limitation, creating or transmitting unwanted electronic communications such as “spam” to other users, overloading, flooding or mail-bombing the Platform, or scripting the creation of content in such a manner as to interfere with or create an undue burden on the Platform.
13.7 You are prohibited from reverse engineering, decompiling, reverse assembling, modifying or attempting to discover or copy any software, source code or structure that the Platform utilize to generate web pages or any software or other products or processes accessible through the Platform.
13.8 All actions performed by any person using Your account and password shall be deemed to have been committed by You and You shall be liable for the same. REGULUS VENTURES reserves the right to suspend/terminate Your account at any time if it is found that You have been sharing the password with any unauthorized user.
14.1 All electronic communications and content presented and/or passed to Us, including that presented and/or passed from remote access connections, may be monitored, examined, saved, read, transcribed,stored, or retransmitted in the course of daily operations by any duly authorized employee or agent of REGULUS VENTURES in the exercise of their duties, or by law enforcement authorities who may be assisting REGULUS VENTURES in investigating possible contravention / non-compliance with applicable law. Electronic communications and content may be examined by automated means. Further, REGULUS VENTURES has the right to reject, at its sole discretion, from the Platform any electronic communications or content deemed not to be in compliance with the corporate policies and procedures of REGULUS VENTURES.
15.1 In the event it is determined by Us that You have violated any of these Terms of Use, We shall have the right, at Our sole discretion, to suspend Your use of and prohibit access to any or all features/parts of the Platform forthwith. Any such suspension or termination of access to Platform may be effected by Us without providing You with a prior written notice in this regard. Upon such termination of access to the Platform, these Terms of Use, as applicable to You, will be deemed to have been terminated and no refund of any payments made by You shall be required to be made by REGULUS VENTURES.
15.2 You acknowledge and agree that, upon termination, You shall immediately destroy any copies made of any portion of the content contained on the Platform. You acknowledge and agree that REGULUS VENTURES shall not be liable to You or any third party claiming through You, for any suspension or termination of access to Platform.
15.3 These Terms of Use shall stand terminated upon Your closing of Your account on the Platform.
15.4 The rights and obligations of the Parties under this Agreement, which either expressly or by their nature survive the termination of these Terms of Use including but not limited to Paragraph 6 (Intellectual Property), Paragraph 10 (Privacy and Confidentiality), Paragraph 17(Indemnity), Paragraph 19 (Governing Law and Dispute Resolution), Paragraph 22.3 (Notice) and Paragraph 15.2 shall survive the termination of this Agreement.
15.5 Except as otherwise specifically provided herein, the termination of these Terms of Use for any reason whatsoever shall be without prejudice to any rights or obligations accrued to or in respect of the parties prior to the date of termination.
16. Disclaimer of Warranties and Limitation of Liability
16.1 REGULUS VENTURES does not endorse or act on behalf of any third party. In the event You engage the services of / interact with any third party, through the Platform, REGULUS VENTURES will not be liable to You for any act or omission by such third party in relation thereto.
16.2 We hereby expressly disclaim all warranties and representations of any kind with respect to any and all content and features available on the Platform, including but not limited to
a. warranties as to merchantability or use for a particular purpose whether or not REGULUS VENTURES knows or has reason to know or has been advised of any such purpose. OR
b. warranties as to any results to be obtained from any use of the REGULUS VENTURES content or information derived from use of the Platform.
16.3 REGULUS VENTURES shall have no liability for any losses, direct or indirect, in contract, tort, or otherwise, incurred in connection with the REGULUS VENTURES content on the Platform, including but not limited to loss of revenue or profit or any other commercial or economic loss or for any decision made or action taken by any third party in reliance upon the REGULUS VENTURES content.
16.4 Any content or services provided through the Platform shall not be construed as investment advice by Regulus Ventures or an opinion provided by REGULUS VENTURES regarding the appropriateness or suitability of any investment, or a recommendation or an offer or solicitation by REGULUS VENTURES or the new and growing businesses for the purchase or sale of any security or securities in general, nor otherwise an endorsement, inducement, or solicitation of any type.
16.5 You acknowledge and agree that by the mere fact of registering on Our Platform, You do not acquire any right to subscribe to the shares of any of the said businesses. Such right to subscribe to the shares of any of the said businesses shall be conferred upon You only in the event that such business or entity extends an express invitation or offer to You to subscribe to the shares of such business or entity.
16.6 The Platform, all the materials and services, included on or otherwise made available to You through this Platform is provided by REGULUS VENTURES on an “as is” and “as available” basis without any representation or warranties, express or implied except otherwise specified in writing. Without prejudice to the forgoing paragraph, REGULUS VENTURES does not warrant that:
17.1 You agree to indemnify and hold REGULUS VENTURES harmless from:
17.2 Your obligations under this Paragraph 17 shall survive the termination of these Terms of Use in accordance with Paragraph 15 above.
18. Foreign Jurisdictions
18.1 Regulus Ventures makes no representation that the content contained on the Platform is appropriate or to be used or accessed outside of the Republic of Ghana. You are expressly notified that, many states and foreign countries all have their own regulations that must be observed in relation to Your use or access of the Platform. You must make your own assessment regarding, and are responsible for compliance with, regulatory requirements as may be applicable to Your use and access of the Platform in such jurisdictions.
19. Governing Law and Dispute Resolution
19.1 These Terms of Use shall be governed by and construed in accordance with the laws of the Republic of Ghana and subject to the provisions of arbitration set out herein, the courts at Accra, Ghana shall have exclusive jurisdiction in relation to any Disputes (defined below) arising out of or in connection with these Terms of Use subject to the provisions of this Paragraph 19.
19.2 Any action, dispute or difference arising under or relating to this Terms of Use (Dispute) shall at the first instance be resolved through good faith negotiations between the parties hereto, which negotiations shall begin promptly, within 15 (fifteen) days after a party has delivered to the other party a written request for such consultation. If the parties are unable to resolve the Dispute in question within 15 (fifteen) days of the commencement of negotiations, such Dispute shall be referred to and finally resolved by arbitration in accordance with the Alternate Dispute Resolution Act, 2010as amended from time to time and rules prescribed thereunder. When any Dispute is under arbitration, except for the matters under dispute, REGULUS VENTURES and You shall continue to exercise the remaining respective rights and fulfil the remaining respective obligations under this Terms of Use.
19.3 The arbitration shall be conducted by a sole arbitrator jointly appointed by REGULUS VENTURES and You. If parties fail to appoint an arbitrator within 30 days after service of the notice of arbitration, such arbitrator shall be appointed in accordance with provisions of the Alternate Dispute Resolution Act, 2010. The venue of arbitration shall be Accra, Ghana.
19.4 The language of the arbitration proceedings and of all written decisions and correspondence relating to the arbitration shall be English.
19.5 You agree and acknowledge that the provisions of Paragraph 6 (Intellectual Property) and Paragraph 10 (Privacy and Confidentiality) are of importance to REGULUS VENTURES and monetary compensation may not constitute adequate relief and remedy to REGULUS VENTURES for non-performance by You of your obligations thereunder. Accordingly, REGULUS VENTURES shall be entitled to claim specific performance and seek mandatory and/or perpetual injunctions requiring You to perform your duties and obligations under such provisions.
20.1 If any term, provision, covenant or restriction of these Terms of Use is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of these Terms of Use shall remain in full force and effect and shall in no way be affected, impaired or invalidated.
21.1 The rights and remedies available under this Terms of Use may be exercised as often as necessary and are cumulative and not exclusive of rights or remedies provided by law. It may be waived only in writing. Delay in exercising or non-exercise of any such right or remedy does not constitute a waiver of that right or remedy, or any other right or remedy.
22.1 These Terms of Use comprise the full and complete agreement between You and REGULUS VENTURES with respect to the use of the Platform and supersedes and cancels all prior communications, understandings and agreements between You and REGULUS VENTURES, whether written or oral, expressed or implied with respect thereto.
22.2 Regulus Venturesshall be entitled to assign their rights and obligations hereunder to any Affiliate, third party or as part of any restructuring, business combination, merger or acquisition.
22.3 Any notice to be given in connection with these Terms of Use shall be delivered via email to Regulus Ventures at Contact@regulus.finance or to You at the email address provided by you in Your profile. You consent to the use of electronic communications in order to the electronic delivery of notices in relation to any matter under these Terms of Use.
