This NEXT50 Angel Network Services Agreement (“Agreement”) is a legal agreement between TRIVE Advisory Pte Ltd (“We”, “Us”, “Our”, “TRIVE”) and the entity or person (“you”, “your”, or “user”) who has registered on the Angel Sign Up Page to gain access to Our Services and/or Communications offered by TRIVE and its affiliates.
This Agreement describes the terms and conditions that apply to your use of the Services.
Please read these Terms carefully before using Our Services and/or Communications. You expressly acknowledge that You have been advised of these Terms and have had access to the same. Consequently, by using Our Services and/or Communications, You signify your assent and agreement to these Terms. If You do not agree to these Terms, then You are not authorised to continue use of Our Services and/or Communications.
Defined terms used in these Terms and not defined herein shall have the meanings given to them in the Glossary below.
WHO WE ARE
TRIVE Advisory Pte Ltd is in the business of providing advisory services and potentially funding for early-stage startups, and is registered in Singapore with the Company Registration No. 201818039W. The registered address is 71 Ayer Rajah Crescent #03-26, Singapore 139951.
The NEXT50 Angel Network is an initiative by TRIVE Advisory Pte Ltd to introduce its angel investor members sourcing for potential investment opportunities to entrepreneurs seeking funding, and vice-versa.
References to “TRIVE” and “NEXT50 Angel Network” will, where the context so admits TRIVE Advisory Pte Ltd.
The information provided by Our Site, Services or Communications may not be considered comprehensive. Member Investors are therefore urged to undertake additional due diligence where applicable.
TRIVE cannot certify and shall not explicitly or implicitly guarantee the accuracy or the comprehensiveness of Our Site, Services or Communications and shall not be held liable for any inaccuracy, error or omission of information provided herein.
Before investing in any entity under the NEXT50 Angel Network, the Member Investor must fully understand the financial risks and advantages of the said investment and consult his or her own legal, fiscal, financial and accounting advisors before taking an investment decision. All Member Investors must understand in full the features and risk of the investment they are considering to undertake and must be capable of incurring the risk of financial loss associated with their investment and wish to accept such a risk.
MEMBER INVESTOR TERMS
The information contained in Our Communications is not intended to be a recommendation of any individual investment opportunity, and the summary information provided about investment opportunities is intended solely to demonstrate the types of investments available through The NEXT50 Angel Network.
The information is not intended to be an offer for sale to the general public, inducement, invitation or commitment to purchase, subscribe to, provide or sell any securities or as any other form of communication to non-Member Investors.
Each Member Investor of the NEXT50 Angel Network is responsible for his or her own investment decisions. All investments in Entrepreneurs involve a high degree of risk, and Member Investors should be able to bear the risk of any and all financial loss. The choice to use and manner of utilisation of information and knowledge gained through the network is each member’s individual and personal responsibility.
All Member Investors using Our Services and/or Communications to invest in any business, in using Our Services and/or Communications, agree to the following:
To respect the privacy and commercial sensitivity of all information provided on Our Communications and to warrant not to use any information / ideas gained from Our Services and/or Communications for Your own gain or to share with third parties for their gain without prior written permission from the Entrepreneur via Our Services and/or Communications.
To inform TRIVE prior to investing, otherwise than through Our Communications, in any company which is currently pitching, or has previously pitched, through Our Services and/or Communications, and prior to introducing any such company to an investor who is not a Member Investor.
To inform TRIVE prior to reinvesting, whether through our Communications or otherwise, in any company which is currently pitching, or has previously pitched, through Our Communications.
Not to hinder, in any way, any payment due from the Entrepreneur to TRIVE and/or The NEXT50 Angel Network.
To the extent permitted by law, We are not liable to You and You must not claim against Us for any death, injury, loss or damage (including indirect, consequential and special losses) which You may suffer or incur in connection with Our Site, Services and Our Communications or in connection with the use, inability to use, or results of the use of Our Site, Services, Communications, any websites linked to them or any materials posted on them.
TRIVE shall not be liable to Member Investor for any death, injury, loss or damage (including indirect, consequential and special losses) the Member Investor may suffer from any act or negligence of the Entrepreneur, its officers, employees and/or agents.
We shall not be liable for any delay or failure to perform any of our obligations under these Terms insofar as the performance of such obligations is prevented by an event or by matters beyond our reasonable control.
INTELLECTUAL PROPERTY RIGHTS
Entrepreneurs are the owner or the licensee of the Entrepreneur Materials.
COLLECTION OF INFORMATION AND USE
To use our Services and/or Communications, We would require you to provide Us with certain personally identifiable information that can be used to contact or identify you. Personally identifiable information may include, but not limited to, your phone number and email address. (“Personal Information”)
We collect this Personal Information for the purpose of providing Our Services and/or Our Communication, identifying and communicating with you, responding to your requests/enquiries and improving our services.
These Terms and any dispute or claim (including non-contractual disputes or claims) arising out of them or in connection to visit to our Our Communications and/or use of our Services, shall be governed by and construed in accordance with the law of Singapore.
All users of Our Services irrevocably agree, for the sole benefit of TRIVE, that, subject as provided below, the court of Singapore shall have exclusive jurisdiction over any dispute or claim (including non-contractual disputes or claims) arising out of these Terms or in connection to visits to our Communications and/or use of our Services. Nothing in this clause shall limit the right of TRIVE to take proceedings against any user of Our Services in any other court of competent jurisdiction, nor shall the taking of proceedings in any one or more jurisdictions preclude the taking of proceedings in any other jurisdictions, whether concurrently or not, to the extent permitted by the law of such other jurisdiction.
We may revise these Terms at any time. You are expected to check the Terms from time to time to take notice of any changes We make, as they are binding on You.
If, after reading these terms, You have any further questions, there are sections that are unclear to You or You have a complaint, please email us at firstname.lastname@example.org
Completion Date: The date that the Entrepreneur receives its initial receipt of payment of dollar amount value of the amount raised from the Member Investor.
Entrepreneur: Individual registered with The NEXT50 Angel Network as a Founder or Entrepreneur and is looking for funding for its investment project.
Fees and Charges: The fees and charges as set out in the Fees section of the Site.
Member Investor: Individual registered as a NEXT50 Angel Investor, with access to our Communications
Our Communications: Any means of communication deemed appropriate for the purpose of providing information to our Investor Member, and/or assisting Investor Member in determining whether to invest in Our network of Entrepreneurs looking for funding. Such means may include, but shall not necessarily be limited to, face-to-face or email communication, or via shared electronic platforms such as Our Site, Google Drive or the GUST Online Platform.
Terms: The terms and conditions as set out in this page.
Services: The Services provided by NEXT50 Angel Network, which is to connect Member Investors looking for potential investment opportunities to the Entrepreneur, who is in search of capital through Our Communications.
Site: TRIVE website (https://www.trive.vc/).
Version 1.0 Effective: 6 December 2018