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TERMS OF USE

Welcome
Welcome to AltaClub, an online community and platform for investors and startups seeking capital investment opportunities (the “Platform”). The Platform is a branch of the Altair Capital eco-system, and it is owned and operated by AltaClub Ltd. These terms of use (the “Terms”) are a contract between you and AltaClub Ltd. and its affiliated entities ("us,""we" or "AltaClub") with regard to your use of services available by means of this Platform ("Services"); please read them carefully. Please carefully read the following Terms of Use (the "Terms"). By using or accessing the Platform, you agree to be bound by the Terms. If you do not agree to the Terms, you may not use the Platform in any way.
You must be at least Eighteen (18) years old in order to register for or use the Platform. Notwithstanding the foregoing, if you reside in a state, country or other jurisdiction that requires a higher minimum age for your use of the Site or participation in its activities, you must comply with the applicable law.
About the Platform
Our Platform is structured as follows:
Sections presenting informative content about AltaClub, such as our team and vision, success stories, investment strategy and past investments. These sections are publicly accessible to all users visiting our Platform (“Platform Visitors”).
Application forms through which you may apply for admission to the Platform as an investor or startup.
Limited-access sections, with information about startup companies and investors who are seeking capital investment opportunities. We make these sections accessible only to such admitted investors and admitted startup companies, that we, in our discretion, specifically select (“Registered Users”).
VENTURE CAPITAL INVESTMENTS ARE INHERENTLY RISKY AND YOU MUST USE CAREFUL DISCRETION AND JUDGMENT BEFORE MAKING ANY SUCH INVESTMENT. YOU ASSUME SOLE AND EXCLUSIVE RESPONSIBILITY FOR:
PROPERLY EVALUATING THE RISKS AND TERMS ASSOCIATED WITH ANY INVESTMENT OPPORTUNITY PUBLISHED ON THE PLATFORM;
DETERMINING WHETHER AND TO WHAT EXTENT THOSE RISKS AND TERMS ARE SUITABLE, DESIRABLE AND ACCEPTABLE TO YOU;
DETERMINING THE DESIRABLE SCOPE OF ANY INVESTMENT YOU WISH TO MAKE (IF ANY); AND
ANY AND ALL CONSEQUENCES AND OUTCOMES (INCLUDING LEGAL AND FINANCIAL CONSEQUENCES) RESULTING FROM THE ABOVE.
ALTACLUB AND THE PLATFORM ARE NOT INTENDED AS, AND DO NOT PROVIDE, ANY INVESTMENT ADVICE SERVICES WHATSOEVER. ALTACLUB IS NEITHER A LICENSED FINANCIAL ADVISOR NOR A LICENSED INVESTMENT ADVISOR. OUR PAST SUCCESS STORIES, PAST INVESTMENTS AND INVESTMENT STRATEGY ARE NOT INDICATIVE OF FUTURE PERFORMANCE OF, OR RETURNS ON, INVESTMENTS.
WE STRONGLY ENCOURAGE YOU TO CONDUCT YOUR OWN PERTINENT RESEARCH AND DUE DILIGENCE INVESTIGATION, GIVEN THAT THE PLATFORM DOES NOT NECESSARILY PROVIDE ALL INFORMATION YOU MAY REQUIRE TO PROPERLY EVALUATE THE BENEFITS AND RISKS OF A GIVEN INVESTMENT OPPORTUNITY.
WE ALSO STRONGLY ENCOURAGE YOU TO SEEK THE ADVICE AND GUIDANCE OF QUALIFIED SECURITIES AND INVESTMENT PROFESSIONAL, ACCOUNTANT, FINANCIAL ADVISOR, TAX ADVISOR AND LEGAL COUNSEL, IN CONNECTION WITH ANY INVESTMENT OR TRANSACTION YOU ARE CONTEMPLATING.
Registration
To be considered for admission as an investor or startup company on the Platform, you must apply through our designated online applications forms. We will indicate the mandatory fields for completion. If you do not provide the required information in these fields, you will not be able to apply.
As we process your application, and thereafter, following your admission to the Platform (if admitted), we may request additional information, documentation and materials from you, as we, in our discretion, deem necessary. If you decline to provide the additional information, documentation and materials we request, or if you fail to provide them within the timeframe we request, you will not be able to apply, or if you have already been admitted – we may suspend or terminate your registration on the Platform.
You must provide true, accurate and complete information, and you are fully accountable for any outcome that may result from your failure to do so. If you are applying on behalf of, or as, a legal entity (such as a company), then you represent and warrant that you are duly authorized by the legal entity to do so and that you are duly authorized to bind the legal entity to these Terms.
Once we complete processing, evaluating and considering your application, we will determine, in our sole discretion, whether to accept or decline your application to be admitted as a Registered User. We are not obligated to admit you or any other applicant, to the Platform, and we may, but are not obligated to, inform you of the grounds for our decision regarding your application. You will have no plea, claim or demand against us in connection with any decision we may or may not make regarding your own, or anyone else’s, application or admission. Our decision is final and non-contestable.
If we admit you as a Registered User on the Platform, you will be designated an account username and password. Make sure that you change your password periodically. You may not transfer your account to any third party, in any manner whatsoever. You must maintain the confidentiality of your account login details, and may not provide or disclose them to anyone else or otherwise allow or permit others to view the content accessible through your Registered User account.
Platform use and restrictions
Subject to these Terms and your access privileges as a Platform Visitor or Registered User, you may access and view the content available on the Platform.
Content on the Platform that is only accessible to Registered Users (the “Content”) is strictly for their own use, for the purpose of exploring and evaluating the investment opportunities presented on the Platform. As a Registered User, you may not share Content with, or make it available to, anyone else other than your professional advisors.
You are solely responsible for all acts and omissions associated with your access to and use of the Platform.
When using the Platform, you must refrain from –
Violating any rules, guidelines or instructions that we may convey with respect to the Platform;
Interfering with or disrupting the functionality of the Platform;
Breaching the security of the Platform or identifying any security vulnerabilities in it;
Circumventing or manipulating the operation or functionality of the Platform, or attempting to enable features or functionalities that are otherwise disabled, inaccessible or undocumented in the Platform;
Sending automated or machine generated queries;
Using robots, crawlers and similar applications to scrape, harvest, collect or compile content from the Platform;
Submitting false, inaccurate, deceptive or misleading content;
Displaying the Platform or any part thereof in an exposed or concealed frame, or linking to content on the Platform, independently from the manner in which they originally appear;
Impersonating any person or entity, or making any false statement pertaining to your identity;
Collecting or processing personal information about Platform Visitors or Registered Users;
Engaging in any activity that constitutes or encourages conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any applicable law, including laws governing securities or privacy.
You may not submit or otherwise communicate through the Platform any content that:
May infringe rights of other parties, including patents, copyrights, trade secrets, trademarks, business confidentiality, a person's right to privacy or right of publicity;
May include software viruses, spyware or any other malicious applications;
May be prohibited by any applicable law, regulatory guidelines or court orders; or
May be threatening, abusive, harassing, defamatory, libelous, vulgar, violent, obscene or racially, ethnically or otherwise objectionable.
You may not access or use the Platform in order to develop or create a similar or competitive platform.
WE MAY EMPLOY TECHNOLOGICAL MEASURES TO DETECT AND PREVENT FRAUDULENT OR ABUSIVE USE OF THE PLATFORM. WE MAY SUSPEND OR TERMINATE YOUR REGISTERED USER ACCOUNT, OR BLOCK YOUR ACCESS TO AND USE OF THE PLATFORM, WITHOUT PRIOR NOTICE, IF WE, IN OUR SOLE DISCRETION, BELIEVE THAT YOU ARE MISUSING THE PLATFORM.
Content and transactions
The Content on the Platform that is only accessible to Registered Users originates from third parties, including other Registered Users. We make no representation or judgment, and provide no opinion, about the accuracy, adequacy, completeness, credibility, authenticity, validity, integrity or legality of such Content.
You assume full and exclusive responsibility for your reliance on the Content, and for all consequences resulting therefrom.
Investment transactions are not subject to these terms, but rather to separate terms and conditions that specifically govern the transaction.
Applicant startup companies and startup companies admitted to the Platform may submit from time to time materials and documents about themselves (“Company Materials”).
STARTUP COMPANIES ARE SOLELY RESPONSIBLE FOR THE COMPANY MATERIALS THEY SUBMIT TO THE PLATFORM. WE DO NOT NORMALLY APPROVE OR DISQUALIFY CONTENT THAT START-UP COMPANIES SUBMIT, BUT WE RESERVE THE RIGHT TO DO SO.
WE DO NOT CLAIM OWNERSHIP OVER THE COMPANY MATERIALS THAT STARTUP COMPANIES SUBMIT TO THE PLATFORM.
IF YOU ARE A STARTUP COMPANY, WHEN YOU SUBMIT COMPANY MATERIALS, YOU REPRESENT AND WARRANT TO US THAT:
YOU ARE THE RIGHTFUL OWNER OF ALL RIGHTS TO SUCH COMPANY MATERIALS OR ARE LAWFULLY LICENSED BY ALL THE RIGHTFUL OWNERS OF ALL INTELLECTUAL-PROPERTY PROTECTED ELEMENTS COMPRISING THE CONTENT, TO SUBMIT SUCH COMPANY MATERIALS TO THE PLATFORM;
YOU ARE LAWFULLY ENTITLED TO GRANT US THE LICENSES IN AND TO SUCH COMPANY MATERIALS, AS CONTEMPLATED BY THESE TERMS;
YOU LAWFULLY OBTAINED THE CONSENT OF ALL INDIVIDUALS THAT MAY BE DEPICTED OR SHOWN IN THE COMPANY MATERIALS, OR WHOSE PERSONAL INFORMATION OR AFFAIRS MAY BE DEPICTED OR SHOWN IN THE COMPANY MATERIALS, TO SUBMIT THE COMPANY MATERIALS FOR THE PURPOSES AND IN THE MANNERS CONTEMPLATED BY THESE TERMS;
SUBMITTING THE COMPANY MATERIALS TO THE PLATFORM AND ITS POSTING ON THE PLATFORM AS OUTLINED IN THESE TERMS, ARE LEGALLY PERMISSIBLE, AND DO NOT INFRINGE ANY RIGHTS OF THIRD PARTIES, INCLUDING INTELLECTUAL PROPERTY RIGHTS, PRIVACY RIGHTS AND PUBLICITY RIGHTS.
By submitting Company Materials to the Platform, you give us permission to use, copy, post and share Company Materials, for the following purposes:
Evaluating and considering your application as a startup seeking admission to the Platform.
Managing the administrative and operational aspects of the Platform and our venture capital activities, and enhancing them.
Providing such Company Materials to Registered Users who we believe may be relevant to the investment opportunity.
Enforcing these Terms and our Privacy Policy, preventing misuse of the Platform, complying with legal requirements, assisting competent authorities, and taking action in case of a dispute involving you, with respect to the Platform or our venture capital activities.
You acknowledge and agree that we and the Platform cannot practicably prevent Registered Users from misappropriating or misusing your Company Materials, or from using them in manners you may find objectionable.
You waive all moral rights and rights of attribution you may have with respect to Company Materials, and represent and warrant that you have secured the irrevocable waiver of all moral right that any third party may have (or may have had) in any Company Materials.
We may, at any time, and without prior notice to you, remove any Company Materials posted on the Platform, without any liability to you, if we, in our sole discretion, believe that Company Materials violate these Terms.
Your privacy
We respect your privacy. Our Privacy Policy , which is incorporated to these Terms by reference, explains the privacy practices on the Platform.
Intellectual property
We and our licensors own all rights, title and interest in and to the Platform, including patents, copyrights, trademarks, trade names, service marks, trade secrets and other intellectual property rights, and any goodwill associated therewith.
Other than as expressly permitted in the Terms, you may not copy, distribute, display or perform publicly, sublicense, decompile, disassemble, reduce to human readable form, execute publicly, make available to the public, adapt, make commercial use of, process, compile, translate, sell, lend, rent, reverse engineer, combine with other software, modify or create derivative works of the Platform, any part thereof or any the Content on the Platform (except for Content that you exclusively own all intellectual property rights in), either by yourself or by a third party on your behalf, in any way or by any means.
You may not use any name, mark, logo or domain name that is similar to our marks, logos and Internet domain names. You must refrain from any action or omission that may dilute, or damage our goodwill.
Non-Circumvention
You may not use the Platform, any content showcased on the Platform, or any other information acquired from AltaClub, viewed on the Platform, or otherwise exposed to through your use of the Services, for commercial or investment activity outside of the Services, without prior written approval from AltaClub. For sake of clarity, any use of information exposed to on the Platform for purposes of direct investment into any investment opportunity by way of circumvention of AltaClub and the Services, shall be considered a material breach of these Terms, for which you will be held liable in connection with any loss and/or damage incurred by AltaClub. The minimum penalty to be paid by the investor in the case of direct investment is 2% of the volume of the invested amount.
Requests to remove Content from the Platform
Requests to remove Content that purportedly infringes or violates third party rights, such as copyright or privacy, from the Platform, must be made in accordance with our Content Takedown Policy.
Changes in the Platform; discontinuation
We may, at any time and without prior notice, change the layout, design, scope, features or availability of the Platform or the Content.
Such changes, by their nature, may cause inconvenience or even malfunctions. YOU ACKNOWLEDGE AND AGREE THAT WE DO NOT ASSUME ANY RESPONSIBILITY WITH RESPECT TO, OR IN CONNECTION WITH THE INTRODUCTION OF SUCH CHANGES OR FROM ANY MALFUNCTIONS OR FAILURES THAT MAY RESULT THEREFROM.
We may, at any time and in our sole discretion, discontinue or terminate the operation of the Platform, or any part thereof, temporarily or permanently, for all users, or for certain users, without any liability to you. We may also suspend the operation of the Platform, in whole, or in part, for all users, or for certain users, for periodic maintenance or similar purposes, without any liability to you.
Changes to the Terms
From time to time, we may change the Terms. If you are a Registered User, we will provide you notice of such changes. Your continued use of the Platform after the effective date of the amended Terms constitutes your consent to the amended Terms. In case of legal requirement, we may also introduce immediate changes to the Terms and require that you accept them. In any event, if you do not consent to the amended Terms, we may terminate these Terms and your account and block your access to, and use of, the Platform. The latest version of the Terms will always be accessible on the Platform.
DISCLAIMER OF WARRANTY
THE PLATFORM IS PROVIDED FOR USE “AS IS” AND “WITH ALL FAULTS”. WE AND OUR DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, ADVISORS, CONSULTANTS, SUBCONTRACTORS AND ASSIGNEES (COLLECTIVELY, OUR “STAFF”) DISCLAIM ALL WARRANTIES AND REPRESENTATIONS, EITHER EXPRESS OR IMPLIED, WITH RESPECT TO THE PLATFORM, THE CONTENT AND OTHER MATERIALS POSTED ON THE PLATFORM, INCLUDING ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUALITY, CORRECTNESS, LEGAL COMPLIANCE, NON-INFRINGEMENT, TITLE, COMPATIBILITY, PERFORMANCE, INVESTMENT RETURN OR OUTCOME, RESULTS OR OUTCOMES OF FUNDRAISING, AVAILABILITY, SAFETY, SECURITY OR ACCURACY. YOU ACKNOWLEDGE AND AGREE THAT THE USE OF THE PLATFORM IS ENTIRELY, OR TO THE MAXIMUM EXTENT PERMITTED BY THE APPLICABLE LAW, AT YOUR OWN RISK.
WE DO NOT WARRANT THAT THE PLATFORM WILL OPERATE WITHOUT DISRUPTION, ERRORS OR INTERRUPTIONS, OR THAT IT WILL BE ACCESSIBLE, OR AVAILABLE AT ALL TIMES OR IMMUNE FROM ERRORS, GLITCHES OR UNAUTHORIZED ACCESS.
WE ARE NOT OBLIGATED TO INVEST, AND DO NOT MAKE ANY COMMITMENTS THAT OTHER REGISTERED USERS WILL INVEST, IN ANY PARTICULAR START-UP, OR AT ALL.
The availability, quality and functionality of the Platform depends on various factors, including software, hardware and communication networks, which are provided by third parties, at their responsibility. These factors are not fault-free.
LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WE AND OUR STAFF SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, EXEMPLARY, STATUTORY, INCIDENTAL OR CONSEQUENTIAL DAMAGE, OR ANY SIMILAR DAMAGE OR LOSS (INCLUDING LOSS OF PROFIT AND LOSS OF DATA), COSTS, EXPENSES AND PAYMENTS, EITHER IN TORT, CONTRACT, OR IN ANY OTHER FORM OR THEORY OF LIABILITY, ARISING FROM, OR IN CONNECTION WITH THE CONTENT, THE USE OF, OR THE INABILITY TO USE THE PLATFORM OR THE MATERIALS PRESENTED ON IT, OR FROM ANY FAILURE, ERROR, OR BREAKDOWN IN THE FUNCTION OF THE PLATFORM, OR FROM YOUR RELIANCE ON THE CONTENT OR MATERIALS PRESENTED ON THE PLATFORM, OR FROM ANY EXPECTATIONS FOR INVESTMENT RETURNS OR OUTCOME, OR FROM ANY EXPECTATIONS FOR FUNDRAISING RESULTS OR OUTCOMES, OR FROM ANY LEGAL OR CONTRACTUAL NON-COMPLIANCE OF THE CONTENT OR OTHER MATERIALS PRESENTED ON THE PLATFORM, OR FROM ANY INVESTMENT LOSSES IN CONNECTION WITH THE PLATFORM, OR FROM ANY LOST OR MISSED INVESTMENT OPPORTUNITIES, OR FROM ANY ERROR MADE BY OUR STAFF, OR FROM ANY COMMUNICATIONS OR INTERACTIONS WITH US OR THE PLATFORM, OR FROM ANY COMMUNICATIONS, INTERACTIONS, DEALINGS, ENGAGEMENTS AND TRANSACTIONS IN CONNECTION WITH THE PLATFORM OR WITH OTHER REGISTERED USERS OF THE PLATFORM, OR FROM ANY DENIAL OR CANCELATION OF YOUR USER ACCOUNT, OR FROM RETENTION, DELETION, DISCLOSURE AND ANY OTHER USE OR LOSS OF CONTENT.
Indemnity
To the maximum extent permitted by law, you will indemnify, defend and hold harmless, us and our Staff, at your own expense and immediately after receiving a written notice thereof, from and against any damages, losses, costs and expenses, including attorney’s fees and legal expenses, resulting from any plea, claim, allegation or demand, arising from, or in connection with your use of the Platform, your breach of the Terms, your violation, or infringement of any other person’s rights, or your activities, Content and communications on or through the Platform.
Termination of these Terms – Registered Users
Registered Users may, at any time, terminate these Terms by providing us a seven (7) days advance written notice, however, for the avoidance of doubt, this shall not cancel any commitment to invest that you made prior to your notification to terminate these Terms, and you shall remain fully bound thereby in accordance with the terms and conditions of such commitment. Upon termination, we will block your access to the Platform as a Registered User and you must discontinue any and all use of the Platform.
We may terminate these Terms in cases described herein, by issuing you a notice of such termination, blocking your access to and use of the Platform, or in any other manner contemplated by these Terms.
Consequences of termination
The termination of these Terms will not remove Content that you have previously submitted, from the Platform.
The following sections shall survive any termination, or expiration of the Terms: Content and transactions, Your privacy, Intellectual property, Requests to remove Content from the Platform, Limitation of Liability, Indemnity, Consequences of termination, Governing Law & Dispute Resolution, General.
Governing Law & Dispute Resolution
Regardless of your place of residence or where you access or use the Platform from, these Terms and your use of the Platform will be exclusively governed by and construed in accordance with the laws of England, excluding any otherwise applicable rules of conflict of laws, which would result in the application of the laws of a jurisdiction other than England.
Any dispute, controversy or claim which may arise out of or in connection with these Terms or the Platform, shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one arbitrator appointed in accordance with the said Rules, which are deemed to be incorporated by reference to this clause. The Emergency Arbitrator Provisions shall not apply. The language of arbitration shall be English. Arbitration shall take place in London, UK
Notwithstanding the foregoing: (a) we may lodge a claim against you pursuant to the indemnity clause above, in any court adjudicating a third party claim against us; and (b) each party may seek injunctive or emergency relief, in any court having jurisdiction over the other party.
General
Whenever used in these Terms, the term "Including", whether capitalized or not, means without limitation to the preceding phrase. All examples and e.g. notations are illustrative, not exhaustive.
These Terms constitute the entire agreement between you and us concerning the subject matter herein, and supersede all prior and contemporaneous negotiations and oral representations, agreements and statements.
These Terms may only be modified by written amendment duly executed by us. No waiver, concession, extension, representation, alteration, addition or derogation from the Terms by us, or pursuant to the Terms, will be effective unless consented to explicitly and executed in writing by our authorized representative.
Failure on our part to demand performance of any provision in the Terms shall not constitute a waiver of any of our rights under the Terms.
You may not assign or transfer your rights and obligations under the Terms without our prior written consent. Any attempted or actual assignment by you, without our prior written consent, shall be null and void. Notwithstanding the provisions of applicable law, we may assign these Terms in their entirety, including all rights, duties, liabilities, performance and obligations therein, upon notice to you and without obtaining your further specific consent, to a third-party, upon a merger, acquisition, change of control or the sale of all or substantially all of our equity or assets. By virtue of such assignment, the assignee assumes our stead, and we are released from all right, duties, liabilities, performance and obligations.
If any provision of the Terms is held to be illegal, invalid, or unenforceable by a competent court or arbitration tribunal, then the provision shall be performed and enforced to the maximum extent permitted by law to reflect as closely as possible, the original intention of that provision, and the remaining provisions of the Terms shall continue to remain in full force and effect.
Contact Us
You may contact us with any questions or comments, at: legal@altaclub.vc.
Last updated: January 29th, 2019.

CONTACTS
This information at this website does not constitute an offer or an acceptance and does not create or purport to create any contractual or other obligations of any kind or any legal relationship unless otherwise expressly stated. All information at this website is for informational purposes only and does not constitute professional advice and is not intended to replace professional advice. The said information also does not constitute an advertisement and/or promotion of any securities and/or companies. Investing may involve financial risks, including liquidity, total loss of investment, lack of a secondary market, etc., so we recommend examining all relevant information and taking professional advice before making an investment.
Future growth and performance simulations of portfolio companies, as well as the examples of ROI shown on this website, are speculative and are not legally binding on our part. We cannot guarantee that the investment based on such simulations will achieve the financial results modeled therein.
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