Agreement between site user and CrowdFund Connect, Inc. Your access to and use of the
Service is conditioned upon your acceptance of and compliance with these Terms.
Last updated: January 1, 2015
Please read carefully these Terms and Conditions of Service (“Terms”, “Terms of Service”) before using the cannafundr.com website (the “Service”) operated by CrowdFund Connect (“us”, “we”, “our”).
Your access to and use of the Service is conditioned upon your acceptance of and compliance with these Terms. These Terms apply to all visitors, users, and others who wish to access our site.
By accessing or using the Service, you agree to be bound by these Terms. If you disagree with any part of the terms, then you do not have permission to access the Service.
The Service is available only to Accredited Investors who are at least 18 years old. You represent and warrant that if you are an individual, you are of legal age to form a binding contract, and that all registration information you submit is accurate and truthful. CrowdFund Connect may, in its sole discretion, refuse to offer the Service to any person or entity and change its eligibility criteria at any time. This provision is void where prohibited by law and the right to access the Service is revoked in such jurisdictions. If you are using the Site on behalf of any entity, you represent and warrant that you are authorized to accept this Agreement on such entity's behalf, and that such entity agrees to indemnify CrowdFund Connect for violations of this Agreement.
Fund listings on this Site are only suitable for Accredited Investors who are familiar with and willing to accept the high risk associated with private investments. Securities sold through private placements are not publicly traded and, therefore, are less liquid. Additionally, Investors may receive restricted units that may be subject to holding period requirements. Fund offerings on CrowdFund Connect will target companies seeking private placement investments, which tend to be in earlier stages of development and have not yet been fully tested in the public marketplace. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. Investors must be able to afford to lose their entire investment. For those reasons, these offerings may be made available only to certain institutional investors and high net worth individuals and entities. As with all alternative investments, investors must meet certain eligibility tests to qualify as purchasers. Currently, entities must have assets of at least $5 million (or all individual owners meet accredited investor tests). Individuals must have a net worth of more than $1 million excluding primary residence or gross income for each of the last two years of at least $200,000 ($300,000 with spouse) with the expectation of the same income in the current year.
The value of investments and the income from them can fall as well as rise. Past performance is not a guarantee of future performance. The contents of this Site do not constitute financial, legal, or tax advice. Investors are solely responsible for conducting any legal, accounting or due diligence review. You should obtain investment and tax advice from your advisers before deciding to invest. Investment products are not FDIC insured, may lose value, and there is no bank guarantee.
None of the information contained in the publicly available portions of the Site constitutes a recommendation, solicitation or offer buy or sell any securities, options or other financial instruments or other assets or provide any investment advice or service. The information contained in the Site has been prepared by without reference to any particular User's investment requirements or financial situation. The information and services provided on the Site are not provided to, and may not be used by, any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or where CrowdFund Connect is not authorized to provide such information or services. Some products and services described in the Site may not be available in all jurisdictions or to all clients.
That you understand that CrowdFund Connect is not acting as an investment advisor or in any other capacity in relation to “Syndicates” (described here), and that the lead investor in a Syndicate is also not providing any such advice or in any way responsible for the success or failure of that investment and you are not relying on his or her advice.
You specifically agree and acknowledge that you are not relying upon any Person, other than the underlying issuer and its officers and directors, in making its investment or decision to invest in any Syndicate. You further agree that no sponsor or other participant in any Syndicate nor the respective controlling Persons, officers, directors, partners, agents, or employees of any such person shall be liable to any other Investor for any action heretofore taken or omitted to be taken by any of them in connection with an investment through a Syndicate.
Electronic Signatures in Global and National Commerce Act/Uniform Electronic Transactions Act
The Federal Electronic Signatures in Global and National Commerce Act (“ESIGN”) and similar state laws, particularly the Uniform Electronic Transactions Act (“UETA”), authorize the creation of legally binding and enforceable agreements utilizing electronic records and signatures. ESIGN and UETA require businesses that want to use electronic records or signatures in consumer transactions to obtain the consumer’s consent to receive information electronically. When an issuer or potential Investor registers on the platform, we obtain his or her consent to transact business electronically and maintain electronic records in compliance with ESIGN and UETA requirements.
Your use of electronic signatures to sign documents legally binds you in the same manner as if you had manually signed such documents. The use of electronic versions of documents fully satisfies any requirement that such documents be provided to you in writing. If you sign electronically, you represent that you have the ability to access and retain a record of such documents. You agree that you are responsible for understanding these documents and agree to conduct business by electronic means. You are obligated to review the Website periodically for changes and modifications and agree not to contest the admissibility or enforceability the Website’s electronically stored copy of this Agreement in any proceeding arising out of this Agreement.
Although you consent to electronic delivery, you may elect to deliver communications by other means and such delivery shall not affect your consent. You may revoke consent to electronic delivery of communications and receive a paper version at your election. CrowdFund Connect shall have a reasonable period to effect such a change and CrowdFund Connect may charge you a reasonable fee for sending such paper copies. If you elect to use electronic delivery, you agree and represent that you have a suitable computer with Internet access, an email address and the availability to download, save and/or print communications to retain a record of such communications. You agree that you are solely responsible for maintaining such equipment and services required for online access.
When you create an account with us, you certify that you are over the age of 18 and that the information you provide to us is accurate, complete, and current at all times. Inaccurate, incomplete, or obsolete information may result in termination of your account at any time.
You are responsible for maintaining the confidentiality of your account and password, including but not limited to controlling access to your computer and/or account. You agree to accept responsibility for any and all activities that occur under your account and/or password, whether your password is with our Service or a third-party service. You agree to notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.
Your username must not be the name of another person or entity or that is not lawfully available for use, or a name or trademark that is subject to any rights of another person or entity, without appropriate authorization. Your username must not be any name that is offensive, vulgar, or obscene.
The Service and its original content, features, and functionality are and will remain the exclusive property of CrowdFund Connect, and its licensors. The Service is protected by copyright, trademark, and other laws of the United States and foreign countries. Our trademarks and trade dress may not be used in connection with any product or service without the prior written consent of CrowdFund Connect
Our Service may contain links to third-party websites or services that are not owned or controlled by CrowdFund Connect
CrowdFund Connect, has no control over and assumes no responsibility for the content, privacy policies, or practices of any third-party websites or services. We do not warrant the offerings of any of these entities or individuals, or of their websites.
You acknowledge and agree that CrowdFund Connect, shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods, or services available on or through any such third-party website or service.
We strongly advise you to read the terms and conditions and privacy policies of each third-party website or service you access.
We may terminate or suspend your account and bar access to the Service immediately, without prior notice or liability, at our sole discretion, for any reason or no reason whatsoever and without limitation, including but not limited to a breach of the Terms.
If you wish to terminate your account, you may simply discontinue using the Service.
All provisions of the Terms that by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.
You agree to defend, indemnify, and hold harmless CrowdFund Connect, its licensees and licensors, their employees, contractors, agents, officers, and directors, from and against any and all claims, damages, obligations, losses, liabilities, costs or debts, and expenses (including but not limited to attorney’s fees), resulting or arising from: (a) the access and use of the Service by you or any person using your account and password; or (b) a breach of these Terms.
In no event shall CrowdFund Connect, its directors, employees, partners, agents, suppliers, or affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, including, without limitation: loss of profits, data, use, goodwill, or other intangible loss resulting from (a) your access to or use of, or inability to access or use, the Service; (b) any content obtained from the Service; (c) any conduct or content of any third party on the Service; or (d) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed in its essential purpose.
Your use of the Service is at your sole risk. The Service is provided on an “AS-IS” and “AS-AVAILABLE” basis without warranty of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement, or course of performance.
CrowdFund Connect, its subsidiaries, affiliates, and licensors do NOT warrant that: (a) the Service will be uninterrupted, secure, or available at any particular time or location; (b) any errors or defects will be corrected; (c) the Service is or will be completely free of viruses or other harmful components; or (d) the results of using the Service will meet your requirements.
Some jurisdictions do not allow the exclusion of certain warranties or the exclusion or limitation of liability for consequential or incidental damages; so, the limitations above may not apply to you.
These Terms shall be governed and construed in accordance with the laws of the State of California (United States), without regard to its conflict of law provisions.
Our failure to enforce any right or provision of these Terms is not considered a waiver of that right or provision. If any provision of these Terms is held to be invalid or unenforceable by a court of law, the remaining provisions of the Terms shall remain in effect. These Terms constitute the entire agreement between us regarding our Service and supersede and replace any such prior agreement as may have existed between the site user and CrowdFund Connect
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will provide at least 15 days’ notice, either via e-mail or by placing a prominent notice on our website, prior to any new Terms taking effect. What constitutes a material change will be determined at our sole discretion.
By continuing to access or use our Service after any revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, you are no longer authorized to use the Service.
CrowdFund Connect welcomes questions or comments regarding these Terms and Conditions of Service. If you detect any violation of these Terms at any time, please contact us at:
CrowdFund Connect, Inc.
530 Lakeshore Drive
Chicago, IL 60611
Phone: (312) 957-8553
Last updated: January 1, 2015