MicroVentures, Inc. User Agreement
Effective: May 29, 2019
Welcome to MicroVentures, Inc. and our subsidiaries and affiliates (MicroVenture Marketplace, Inc., MicroAngel Partners, LLC, and MV Investor Services, collectively, "MicroVentures", "us", or "we"). MicroVentures owns and hosts a full service online platform at https://microventures.com ("Platform" or "the Platform") through which MicroVenture Marketplace offers various investment opportunities. This user agreement (the "Agreement") is a contract between you and MicroVentures and governs your use of the Platform and certain MicroVentures’ services (the "Services"). When you use the Platform, you agree to and accept all of the terms and conditions in, and linked to, this Agreement, including our Privacy Policy and Cookie Policy.
MicroVenture Marketplace is a registered broker/dealer and a member of the Financial Industry Regulatory Authority ("FINRA") and Securities Investor Protection Corporation ("SIPC"). MicroVenture Marketplace offers the sale of private placements in early and late stage companies in various industries on a "best-efforts" basis, facilitates secondary transactions in private companies acting as a broker between buyers and sellers, and serves as a crowdfunding intermediary that connects individual investors with private companies offering investment opportunities in accordance with Regulation CF.
The Platform and your Account
About MicroVentures. MicroVentures manages an electronic website (the "Platform") that facilitates investment in various businesses, including startups, real estate, venture funds and other alternative investment assets. Issuers list securities on our website, and we enable investors to invest in these securities, facilitate payment for them, and help you track your investment transaction history. Your investments for securities will be deposited directly into a third-party account for subsequent disbursement to the issuer of the securities in accordance with the terms of the offering. We do not hold funds or securities on behalf of any issuer or investor.
Eligibility. To be eligible to access our Platform or use our Services, you must be at least 18 years old. Each investment product and service referenced on the Platform is intended to be made available only to investors, corporations, or other legal entities and is only available in jurisdictions where that investment product or service may lawfully be made available. You agree that you have all requisite authority to enter into and use the Services contemplated by this Agreement. The Platform shall not be considered a solicitation for or offering of any security, investment product, or service to any person, corporation, or other entity.
About Your MicroVentures Account. In order to access certain features of or to post content on the Platform, you must register to create an Account ("Account"). You must complete the registration process by providing us with current, complete and accurate information. You will also choose a password. By creating this Account, you represent that you are either: (i) an individual and wish to place orders on your own behalf, or (ii) an individual authorized to place orders on behalf of a corporation or other entity.
Your Information. You agree that the information you provide during the registration process is current, accurate, truthful, and complete, and you will regularly update this information to maintain its completeness and accuracy. You are responsible for maintaining the confidentiality of any Account information that you use to access any feature on the Platform, and also for logging off of your Account and any protected areas of the Platform. Further, you are fully responsible for all activities occurring under your Account that result from your failure to use or maintain appropriate security measures. If you become aware of any suspicious or unauthorized conduct concerning your Account, you agree to contact us immediately. We will not be liable for any loss or damage arising from your failure to promptly notify us of such conduct.
Verification. To help fight the funding of terrorism and money laundering activities, federal law requires MicroVentures to obtain, verify and record information that identifies each person who opens an Account or is considered a control person for an Account opened for a corporation, partnership, trust, or other legal entity. Legal entities may need to provide other information, such as a principal place of business, tax identification number, articles of incorporation, partnership agreement, trust agreement, or a government-issued business license. You agree to provide MicroVentures with all required information or documentation that allows us to verify your identity. Any required information you provide to MicroVentures may be subject to verification, including through the sharing of such information with third parties for this purpose. Your Account may be rejected, restricted, or closed if MicroVentures cannot verify required information.
Privacy. To create your Account, we may ask for certain information that allows us to comply with certain rules and regulations related to, among other things, suitability of investments and anti-money laundering. You can access and modify the information you provide and elect not to receive certain communications by signing into your Account. For a complete description of how we use and protect your personal information, see our Privacy Policy.
Closing Your Account. You may ask MicroVentures to close your Account by emailing us at help@microventures.com. Once your Account is closed, you may still access the Platform to access transaction confirmations and any applicable tax forms.
U.S. Economic Sanctions. You represent that you, or the entity for which you are acting as an authorized person, have not been designated by the U.S. Department of Treasury’s Office of Foreign Assets Control ("OFAC") as a Specially Designated National or Blocked Person, you have no reason to believe that you would be considered a Blocked Person by OFAC, and you do not reside in a restricted country. You also represent that, to the best of your knowledge, you are not employed by or acting as agent of any government, government-controlled entity or government corporation restricted under OFAC. You understand that if your application violates OFAC guidelines, your Account may be declined or restricted from certain activity.
MicroVentures Transactions
MicroVentures’ Role in Transactions. You understand and agree that MicroVentures will treat all investments for the purchase of securities through your MicroVentures Account as authorized by you and will execute orders in reliance on your promise that an actual purchase is intended. We accept investments only through our Platform, and we do not guarantee that the Platform will be available to you at all times. MicroVentures reserves the right to suspend access to the site without prior notice during scheduled or unscheduled system repairs or upgrades.
Our Relationship with Issuers. MicroVentures enters into agreements with certain issuers to offer their securities on the Platform. We are authorized to accept your order to purchase these securities, to transmit these orders to the issuers, and to facilitate the execution of your payment instructions. Security ownership is transferred to you directly from the issuer.
MicroVentures does not hold securities. The terms and features of the securities available on Platform are at the discretion and control of the issuer and will be stated in the offering memorandum for each security. We will make the offering memorandum for each security available to qualified investors on our Platform. It is your responsibility to review and understand the information in the offering memorandum before placing an order for securities.
Brokerage Services
No Advice. MicroVentures does not provide legal, tax, estate-planning or investment advice or advice regarding the suitability, profitability or appropriateness of any security. We are required by law to ascertain your suitability for an investment based on your personalized input, but you are responsible for determining whether any investment is appropriate or suitable for you based on your investment objectives and personal financial situation. You should consult an attorney or tax professional regarding your specific legal or tax situation.
Nondisclosure of Material, Nonpublic Information. In connection with the Services it provides, MicroVentures may come into possession of confidential, material, non-public information. We are prohibited from improperly disclosing or using this information for our own benefit or for the benefit of any other person. We maintain policies and procedures designed to prohibit the communication of this information to persons who do not have a legitimate need to know the information, to meet our obligations to issuers, and to remain in compliance with applicable regulations. You understand and agree that, in certain circumstances, we may have information that, if disclosed, might affect your decision to buy a security, but that we will be prohibited from communicating to you or using for your benefit.
Facilitating Payments. Opening an Account and browsing our Platform are offered to you free of charge. In the event that you wish to make a transaction, MicroVentures brokers investment for a security from the issuer and facilitates purchase of that security using one of our permitted payment methods.
Transaction Amounts and Limitations. MicroVentures reserves the right to deny an investment transaction or to place a limit on the dollar amount of a transaction for any reason, including, for example, if you do not meet the suitability requirements for a particular security, or for activity that MicroVentures, in its sole discretion, believes to be suspicious on your Account. If MicroVentures limits an investment, you can request a review and an exception on a case-by-case basis. MicroVentures imposes minimum and maximum transaction amounts for each investment and may change those minimum and maximum amounts from time to time.
Applicable Rules and Regulations. All transactions in your Account will be subject to MicroVentures’ internal rules and policies and, where applicable, to FINRA rules and regulations, the provisions (and exemptions) of the Securities Act of 1933, Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, the rules and regulations of the SEC, the Board of Governors of the Federal Reserve System, any applicable self-regulatory organizations, and other federal and state laws and regulations. In no event will MicroVentures be obliged to effect any transaction it believes would violate any federal or state law, rule or regulation, or the rules or regulations of any regulatory or self-regulatory body.
Banking Services
Banking services are provided through our banking software provider, Synapse Financial Technologies, Inc. ("SynapseFI") in order to facilitate banking through Evolve Bank & Trust, Member FDIC ("Evolve Bank" or "Evolve"). By opening a deposit account on the MicroVentures Platform, you agree to Evolve’s Deposit Agreement, which includes its Truth in Savings Disclosure, and SynapseFI’s Terms of Service and Privacy Policy.
MicroVentures does not impose fees or limitations with respect to banking services beyond those outlined in Evolve Bank’s Deposit Agreement and Truth in Savings Disclosure.
To report a complaint relating to the bank services, you may email help@synapsefi.com.
Bank Logins (Account Aggregation)
Your use of the automated bank account feeds ("Account Aggregation Services") in connection with opening your account is subject to the following terms.
Provide Accurate Information. You agree to provide true, accurate, current and complete information about yourself and your accounts maintained at other websites, including financial institutions. You will not misrepresent your identity or your account information. You represent that you have all the rights to provide such information and license the Content, as defined below. You agree to keep your account information up to date.
License. You are licensing to MicroVentures and its service providers, including Synapse, any information, data, passwords, materials or other content (collectively, "Content") you provide through the Account Aggregation Services. You license the Content to MicroVentures and its service providers to access, use and store the Content. MicroVentures and its service provider may use, display, distribute and reproduce the information obtained via the Account Aggregation Services exclusively for the purposes of delivering brokerage and banking services to you. You may revoke this license at any time by emailing help@microventures.com.
Third-Party Accounts. By using the Account Aggregation Services, you authorize MicroVentures and its service providers to access third-party sites designated by you, on your behalf, to retrieve information requested by you, and to register for accounts. For all purposes hereof, you grant MicroVentures and its services providers a limited power of attorney, and you hereby appoint MicroVentures and its service providers as your true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, for you and in your name, access third-party internet sites, servers or documents, retrieve information, and use your information exclusively for the purposes of delivering brokerage and banking services to you. You understand that MicroVentures and its service providers may access your third-party accounts any time and obtain access to the information in such third-party accounts at any time while you have an account with MicroVentures.
Electronic Fund Transfer Disclosure Statement
The following disclosures are made in accordance with the federal law regarding electronic payments, deposits, transfers of funds, and other electronic transfers to and from your account(s). There may be limitations on account activity that restrict your ability to make electronic fund transfers. Any such limits are disclosed in the appropriate agreements governing your bank services account.
Electronic Fund Transfer Definition. Any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, that is initiated through an electronic device or computer to instruct us to debit or credit an account. Electronic Fund Transfers include such electronic transactions as direct deposits or withdrawals of funds, transfers initiated via telephone, website, or mobile application. Authorization for a single Electronic Fund Transfer shall be evidenced by your acceptance of the following (or substantially similar) verbiage at the time the transfer is initiated:
I authorize MicroVentures to debit the account indicated for the amount noted on today’s date. I will not dispute MicroVentures debiting my account, so long as the transaction corresponds to the terms in this online form and my agreement with MicroVentures.
Preauthorized Electronic Fund Transfer Definition. An Electronic Fund Transfer that you have authorized in advance to recur at substantially regular intervals; for example, direct deposits into or withdrawal of funds out of your account. Authorization for a recurring Electronic Fund Transfer shall be evidenced by your acceptance of the following (or substantially similar) verbiage at the time the transfer is initiated:
I authorize MicroVentures to debit the account indicated for the recurring transactions according to the online form and my agreement with MicroVentures I will not dispute MicroVentures so long as the transactions correspond to such terms. This payment authorization is valid and will remain effective unless I cancel this authorization by emailing MicroVentures at help@microventures.com at least 3 business days in advance.
Authorized Transfers Liability. You are liable for all Electronic Fund Transfers that you authorize, whether directly or indirectly.
Unauthorized Transfers Liability. Inform Evolve Bank at once if you believe your account or PIN or access information is lost or stolen or has been or may be subject to unauthorized Electronic Fund Transfers. Immediate notification is necessary in order to keep your possible losses to a minimum. You could lose all the money in your account(s). Evolve can be reached by telephone at (901) 254-8226, email at evolvebank@synapsefi.com, or via support message.
If you tell Evolve within two (2) business days after learning of the loss or theft of your account access device, or after learning of any other unauthorized transfers from your account involving your account access device, you can lose no more than $50 if Electronic Fund Transfers are made without your permission. For these transactions, if you DO NOT tell Evolve within two (2) business days after learning of the loss, theft or unauthorized use, and it can be established that the bank could have prevented the unauthorized transfer(s) if you had told them in time, you could lose as much as $500.
Also, if your periodic account statement shows unauthorized transfers and you DO NOT tell Evolve within sixty (60) days after the statement was delivered to you, you may not get back any money you lose after the sixty (60) day period if Evolve can prove that the bank could have prevented the unauthorized transfer(s) if you had told them in time. If an extenuating circumstance (such as extended travel or hospitalization) prevents you from promptly notifying Evolve of a suspected lost or stolen access device or of any other suspected unauthorized transfer(s), the time periods specified in this section may be extended for a reasonable period.
Wire Transfer Statement
Payment Order. You may only initiate a wire transaction via the MicroVentures Platform. You are solely responsible for the accuracy of the information contained in the payment order. The wire transactions shall be completed relying exclusively on the information and numbers given by you. Evolve Bank has no duty to determine whether the name and bank account number refer to the same person, bank, or account. Neither MicroVentures nor Evolve will take any responsibility for detecting erroneous payment orders.
Security Procedures. You will be required to use a two-factor authentication control, in addition to your login, to authorize a wire transaction. You agree that this control is an appropriate security procedure designed to verify the authenticity of the order, and not to detect errors in transmission. You agree that this security procedure is a commercially reasonable method of providing security against unauthorized payment orders and that you shall be bound by any payment order, whether or not authorized, issued in your name and accepted by Evolve Bank & Trust in compliance with the security procedures.
Authorization to Transfer Funds. Via the wire services, you authorize Evolve Bank to execute payment orders on your behalf and to debit your account specified in the payment order for the amount of such transfer.
No Cancellation. All wire requests shall be considered final and shall not be subject to stop payment or recall orders.
Time Restrictions. 10:00 AM PST (Monday-Friday, excluding U.S. federal holidays) is the cut-off time for international wires, and 1:00 PM PST (Monday-Friday, excluding U.S. federal holidays) is the cut-off time for domestic wire transfers. Any wire transfer instructions received after these times will be processed the following business day.
Electronic Signatures and Delivery of Documents
Electronic Signatures. By registering to use our Platform, you give your valid consent to this Agreement and all other documents, including our Privacy Policy, that govern your relationship with MicroVentures. The use of an electronic version of the Account documents fully satisfies any requirement that they be provided to you in writing, and the electronic version of this Agreement is considered to be the true, complete and enforceable record of our Agreement, admissible in judicial or administrative proceedings to the same extent as if the documents and records were originally generated and maintained in printed form. You are solely responsible for reviewing and understanding all of the terms and conditions of these documents, and you accept as reasonable and proper notice, for the purpose of any laws, rules and regulations, notice by electronic means. You may access and retain a record of the documents you electronically sign through the Platform.
Electronic Delivery of Documents. You agree that MicroVentures will provide you with an electronic copy of all documents and communications related to your Account, for example, transaction confirmations, Account statements and tax reporting documentation. When documents related to your Account are available, we will send a notice to the email address you have provided, and you will be able to view the documents at any time by logging onto the Platform.
User Restrictions
Restricted Activities. In connection with your use of our Platform, or our Services, or in the course of your interactions with MicroVentures, you agree that you will not:
- Breach this Agreement or any other agreement that you have entered into with MicroVentures (including any MicroVentures policies);
- Violate any law, statute, ordinance, or regulation;
- Infringe MicroVentures’ or any third-party’s copyright, patent, trademark, trade secret or other intellectual property rights, or rights of publicity or privacy;
- Act in a manner that is defamatory, trade libelous, unlawfully threatening or unlawfully harassing;
- Post comments that are false, inaccurate, misleading, defamatory, or contain libelous content;
- Post comments containing personal information, including without limitation, telephone numbers, street addresses, and last names;
- Provide false, inaccurate or misleading information;
- Pay for your transactions with fraudulent funds or with what we reasonably believe to be potentially fraudulent funds;
- Refuse to cooperate in an investigation or provide confirmation of your identity or any information you provide to us;
- Use an anonymizing proxy;
- Control an Account that is linked to another Account that has engaged in any of these restricted activities. We may use evidence other than the Account information to determine whether you control an Account in someone else’s name, including but not limited to IP addresses, common business names, phone numbers and mailing addresses; or
- Use the Services in a manner that results in or may result in complaints, disputes, claims, fees, fines, penalties and other liability to MicroVentures or you.
Access and Interference. Much of the information on our Platform is updated on a real-time basis and is proprietary or is licensed to MicroVentures by third parties. The Platform contains robot exclusion headers. You agree that you will not:
- Use any robot, spider, scraper or other automated means to access the Platform for any purpose without our express written permission;
- Attempt to obtain unauthorized access to any features of the Platform, or to any other protected materials or information, through any means not intentionally made available to you by MicroVentures;
- Take any action that may impose (in our sole judgment) an unreasonable or disproportionately large load on our infrastructure;
- Copy, reproduce, modify, create derivative works from, distribute, or publicly display any content from the Platform without the prior expressed written permission of MicroVentures and any third-party, as applicable;
- Interfere, or attempt to interfere with, the proper working of the Platform or any activities conducted on the Platform;
- Facilitate any viruses, Trojan horses, worms, or other computer programming routines that may damage, detrimentally interfere with, or surreptitiously intercept or expropriate any system, data or information;
- Use any device, software or routine to bypass our robot exclusion headers or other measures we may use to prevent or restrict access to the Platform; or
- Take any action that may disrupt or cause us to lose any of the services from our internet service providers, payment processors, or other suppliers.
Your Liability and Actions We May Take
Your Liability. You are responsible for all claims, fees, fines, penalties and other liability incurred by MicroVentures or any third-party caused by or arising out of your breach of this Agreement or your use of the Services. You agree to reimburse MicroVentures or any third-party for any and all such liabilities.
Actions We May Take. If you engage in any restricted activities, we may take various actions to protect MicroVentures from claims, fees, fines, penalties, and any other liability. The actions we may take include but are not limited to the following:
- We may close, suspend, or place restrictions on your MicroVentures Account;
- We may update inaccurate information you provided us;
- We may remove user comments reasonable deemed to be false, inaccurate, misleading, defamatory, or libelous;
- We may revoke your Platform access and refuse to provide future Services to you; and
- We may take legal action against you.
Whether we decide to take any of the above steps, we do not monitor, and you agree we will not be subject to liability for not monitoring, the website.
Account Suspension or Restriction. MicroVentures, in its sole discretion, reserves the right to terminate this Agreement or access to the Platform or our Services. We also reserve the right to suspend or place restrictions on your Account for any reason and at any time upon notice to you. Account restrictions may include a limitation on the dollar amount of transactions we will accept from you. If your Account is suspended, you will be unable to invest, and we will not issue any payments to you. If we suspend or place restrictions on your Account, we will provide you with notice and opportunity to request reconsideration, if appropriate.
Canceling or Disputing a Transaction
MicroVentures is not authorized to issue refunds directly to the investor. We reserve the right to suspend a user’s MicroVentures Account if a transaction is canceled or disputed. MicroVentures is not responsible for any errors that may arise in the transmission of your order to the issuer. You may call us to request the cancellation of a transaction, or, if you believe a transaction on your Account was unauthorized, to dispute a transaction. Refunding the transaction is ultimately at the discretion of the escrow agent (for funds held in escrow) or the issuer. If the issuer allows cancellation, funds will be returned and the security issuance canceled based on the terms and timeframes indicated in the offering memorandum.
Disputes with MicroVentures
Effect of Arbitration Agreement. This Agreement contains a pre-dispute arbitration agreement. By entering into the arbitration agreement the parties agree as follows:
- All parties to this Agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed;
- Arbitration awards are generally final and binding; a party’s ability to have a court reverse or modify an arbitration award is very limited;
- The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings;
- The arbitrators do not have to explain the reasons for their award;
- The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry;
- The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court; and
- The rules of the arbitration forum in which the claim is filed, as amended from time to time, are hereby incorporated by reference into this Agreement.
Arbitration Agreement. All controversies that may arise between us (including but not limited to controversies concerning any Account, order or transaction, or the continuation, performance, interpretation or breach of this or any other agreement between us, whether entered into or arising before, on or after the date this Account is opened) shall be determined by arbitration in accordance with the rules then prevailing of FINRA. You make this arbitration agreement on behalf of (i) yourself and your heirs, administrators, representatives, executors, successors, assigns, or (ii) the corporation or other entity for which you are acting as an authorized person, and (iii) with all other persons claiming a legal or beneficial interest in your Account. You understand that judgment upon any arbitration award may be entered in any court of competent jurisdiction. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any pre- dispute arbitration agreement against any person who has initiated in court a putative class action or who is a member of a putative class action who has not opted out of the class with respect to any claims encompassed by the putative class action until (i) the class certification is denied; (ii) the class is decertified; or (iii) the customer is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this Agreement except to the extent stated herein.
Arbitration Hearings. Any arbitration hearing will be held in the State of Texas unless otherwise agreed between you and MicroVentures or unless the rules of the organization administering the arbitration (i.e., FINRA) require another hearing location. You agree to the personal jurisdiction of the courts of the State of Texas to interpret and enforce these arbitration provisions described in the Agreement. All arbitration proceedings will be held in the English language, unless otherwise agreed to by the parties.
Limitations of Liability
In no event shall MicroVentures or our agents, employees, affiliates or suppliers be liable for lost profits or any special, incidental or consequential damages arising out of or in connection with our website or the Services or this Agreement (however arising, including negligence). In states that do not allow the exclusion or limitation of incidental or consequential damages, the above limitation or exclusion may not apply to you. Our liability, and the liability of our agents, employees, affiliates and suppliers, to you or any third parties in any circumstance is limited to the actual amount of direct damages.
No Warranty
General. MicroVentures and our agents, employees, subsidiaries, affiliates and suppliers provide the Services "as is" and without any warranty or condition, express, implied or statutory. MicroVentures and our agents, employees, subsidiaries, affiliates and suppliers specifically disclaim any implied warranties of title, merchantability, fitness for a particular purpose and non-infringement. MicroVentures does not guarantee continuous, uninterrupted or secure access to our Platform or Services, and operation of our Platform may be affected by numerous factors outside of our control. In states that do not allow the disclaimer of implied warranties, the disclaimers provided in this section may not apply to you. This section gives you specific legal rights, and you may also have other legal rights that vary from state to state.
Third-party Data.To the fullest extent permitted under applicable law, MicroVentures makes no representation or warranty, express or implied, with respect to any third-party data provided to MicroVentures or its transmission, timeliness, accuracy or completeness, including but not limited to, implied warranties or warranties of merchantability, or fitness for a particular purpose. MicroVentures will not be liable in any way to you or to any other person for any inaccuracy, error or delay in or omission of any third-party data or the transmission or delivery of any such third-party data and any loss or damage arising from (i) any such inaccuracy, error, delay or omission, (ii) third-party non- performance, or (iii) interruption in any such third-party data due either to any negligent act or omission by MicroVentures or "force majeure" or any other cause beyond reasonable control of the MicroVentures.
Processing of Payments. MicroVentures will make reasonable efforts to ensure that requests for electronic debits and credits involving bank accounts are processed in a timely manner, but MicroVentures makes no representations or warranties regarding the amount of time needed to complete processing because our Services are dependent upon many factors outside of our control, such as delays in the banking system.
Indemnification
You agree to defend, indemnify and hold MicroVentures and its officers, directors, agents and employees harmless from any claim or demand (including attorneys’ fees) made or incurred by any third-party due to or arising out of your breach of this Agreement and/or your use of the Platform or Services.
Intellectual Property
"MicroVentures", "MicroVenture Marketplace", "MicroAngel Partners", and "MV Investor Services", and "MicroVentures.com" are trademarks and trade names of MicroVentures, Inc. All page headers, logos, graphics and icons are protected to the extent allowed under applicable laws. All other designated trademarks and brands are the property of their respective owners. You may not copy, imitate or use any of MicroVentures’ intellectual property without our prior written consent..
Reporting Intellectual Property Infringement. MicroVentures respects the intellectual property of others. You may not post content that infringes on the rights of third parties, including but not limited to intellectual property rights such as copyright, trademark and right of publicity. We reserve the right to remove content where we have grounds to suspect a violation of these terms, our policies or any party’s rights. If you believe that your rights have been violated, please notify us by contacting us at:
MicroVentures, Inc.
11601 Alterra Parkway, Suite 100
Austin, Texas 78758
(800) 283-9903
help@microventures.com
Please provide the following in any notice of alleged infringement:
- Identification of the material on the Platform that you claim is infringing, with enough detail so that we can locate it (e.g., provide link and description);
- Identification of the rights (or works if relevant) claimed to have been infringed;
- A statement by you that you have a good faith belief that the disputed use is not authorized by the rights owner, its agent or the law;
- A statement by you declaring under penalty of perjury that (a) the above information in your notice is accurate; and (b) you are the rights owner or you are authorized to act on behalf of the rights owner;
- Your address, telephone number and email address; and
- Your physical or electronic signature.
Assignment
You may not transfer or assign any rights or obligations that you have under this Agreement without MicroVentures’ prior written consent. MicroVentures reserves the right to transfer or assign this Agreement or any right or obligation under this Agreement at any time.
Governing Law
This Agreement shall be governed in all respects by the laws of the State of Texas, without regard to conflict of law provisions. Except as otherwise agreed by the parties, you agree that any claim or dispute you may have against MicroVentures must be resolved by arbitration in the State of Texas.
Severability and Waiver
If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck and the remaining provisions shall be enforced. In our sole discretion, we may assign this Agreement in accordance with the Legal Notices section. Headings are for reference purposes only and do not limit the scope or extent of such section. Our failure to act with respect to a breach by you or others does not waive our right to act with respect to subsequent or similar breaches. We do not guarantee we will take action against all breaches of this Agreement.
Legal Notices
MicroVentures may provide notice to you by emailing it to the address listed in your Account. Notice shall be considered to be received by you within 24 hours of the time it is emailed to you, unless we receive notice that the email was not delivered. Except as otherwise stated, notice to MicroVentures must be sent by postal mail at:
MicroVentures, Inc.
11601 Alterra Parkway, Suite 100
Austin, Texas 78758
Changes to the Agreement
We may change this Agreement from time to time, and when we do, we will post the amended terms on the MicroVentures site and notify you by email of material changes. Amended terms will take effect immediately for new users, and 30 days after they are posted for existing users.
Entire Agreement
This Agreement, together with the Privacy Policy and Cookie Policy, sets forth the entire understanding and agreement between us with respect to user registration and Platform access. Utilization of some services, such as actual investments and/or banking, shall entail additional agreements. Certain sections shall survive any termination of this Agreement.
Contact Us
If you have any questions or comments about this Agreement, our Platform, our Services, your MicroVentures Account, or MicroVentures’ practices, you may contact us at:
MicroVentures, Inc.
11601 Alterra Parkway, Suite 100
Austin, Texas 78758
(800) 283-9903
help@microventures.com