NFX Products Terms of Use

Last Updated: September 24, 2018 

These Terms of Use (“Terms”) apply to your access to and use of the websites, mobile applications and other online products and services, including VC Match, Signal, and The Brief (collectively, the “Services”) provided by NFX CapitalManagement, LLC (“NFX” or “we”). By using our Services, you agree to these Terms, including the mandatory arbitration provision and class action waiver in Section 16.If you do not agree to these Terms, do not use our Services.

We may make changes to these Terms from time to time. If we make changes, we will provide you with notice of such changes, such as by sending an email, providing a notice throughServices or updating the date at the top of these Terms. Unless we say otherwise in our notice, the amended Terms will be effective immediately, and your continued use of our Services after we provide such notice will confirm your acceptance of the changes. If you do not agree to the amended Terms, you must stop using our Services.

If you have any questions about these Terms or our Services, please contact us at product@nfx.com.

1.            Privacy
For information about how we collect, use, share and otherwise process information about you, please see our Privacy Policy.

2.            Eligibility
You must be at least 13years of age to use our Services. If you are a parent or legal guardian of a user under the age of 18 (or the age of legal majority), you agree to be fully responsible for the acts or omissions of such user in relation to our Services.If you use our Services on behalf of another person or entity, (a) all references to “you” throughout these Terms will include that person or entity,(b) you represent that you are authorized to accept these Terms on that person’s or entity’s behalf, and (c) in the event you or the person or entity violates these Terms, the person or entity agrees to be responsible to us.

3.            User Accounts and Account Security
You may need to register for an account to access some or all of our Services, including Signal, VC Match and The Brief. You may also choose to register for an account by linking your email account to the Services (each, a “Linked Account”). When you add a LinkedAccount to your account, you give the Services permission to access the email message metadata in your Linked Account ("Linked Account Data") in order to help you asses your relationship score with your contacts and potential investors. Please note that we do not ask for permission to access, nor access the content of your email messages, we only access the metadata (i.e., the email heading information).  

If you register for an account, you must provide accurate account information and promptly update this information if it changes. Your account is personal to you, and you may not share your account information with, or allow access to your account by any third party. As you will be responsible for all activity that occurs under your access credentials, you should preserve the confidentiality of your username and password. If you have any reason to believe that your account information has been compromised or that your account has been accessed by a third party, you agree to immediately notify NFX by email at product@nfx.com. We reserve the right to reclaim usernames, including on behalf of businesses or individuals that hold legal claim, including trademark rights, in those usernames.

In addition, you may establish only one account per person to participate in the Service offered. In the event NFX discovers that you have opened more than one account per person, in addition to any other rights that NFX may have, NFX reserves the right to suspend or terminate any or all of your accounts. If we request registration information from you, you must provide us with accurate and complete information and must update the information when it changes.

4.            User Content
OurServices may allow you and other users to create, post, store, share, and otherwise grant access to content, including images, links, resume information, slide decks, pitch decks, works of authorship, comments, posts, and bios and other materials (collectively, “User Content”). Except for the license you grant below, you retain all rights in and to your User Content, as between you and NFX.

You grant NFX and its subsidiaries and affiliates a perpetual, irrevocable, nonexclusive, royalty-free, worldwide, fully paid, and sublicensable license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, publicly perform and display your User Content and any name, username or likeness provided in connection with your User Content in all media formats and channels now known or later developed without compensation to you. When you post or otherwise share User Content on or through our Services, you understand that your User Content and any associated information (such as your username, bio, or profile photo) may be visible to others.

You may not create, post, store or share any User Content that violates these Terms or for which you do not have all the rights necessary to grant us the license described above. You represent and warrant that your User Content, and our use of such content as permitted by these Terms, will not violate any rights of or cause injury to any person or entity. Although we have no obligation to screen, edit or monitorUser Content, we may delete or remove User Content at any time and for any reason with or without notice.

5.            Prohibited Conduct and Content
You will not violate any applicable law, contract, intellectual property right or other third-party right or commit a tort, and you are solely responsible for your conduct while using our Services. You will not: •      Engage in any harassing, threatening, intimidating, predatory or stalking conduct;
•      Use or attempt to use another user’s account without authorization from that user and NFX;
•      Impersonate or post on behalf or any person or entity or otherwise misrepresent your affiliation with a person or entity;
•      Sell, resell or commercially use our Services;
•      Copy, reproduce, distribute, publicly perform or publicly display all or portions of our Services, except as expressly permitted by us or our licensors;
•      Modify our Services, remove any proprietary rights notices or markings, or otherwise make any derivative works based upon ourServices;
•      Use our Services other than for their intended purpose and in any manner that could interfere with, disrupt, negatively affect or inhibit other users from fully enjoying our Services or that could damage, disable, overburden or impair the functioning of our Services in any manner;
•      Reverse engineer any aspect of our Services or do anything that might discover source code or bypass or circumvent measures employed to prevent or limit access to any part of our Services;
•      Use any data mining, robots or similar data gathering or extraction methods designed to scrape or extract data from our Services;
•      Develop or use any applications that interact with our Services without our prior written consent;
•      Send, distribute or post spam, unsolicited or bulk commercial electronic communications, chain letters, or pyramid schemes;
•      Bypass or ignore instructions contained in our robots.txt file; or
•      Use our Services for any illegal or unauthorized purpose, or engage in, encourage or promote any activity that violates theseTerms.

You may also post or otherwise share only User Content that is nonconfidential and that you have all necessary rights to disclose. You may not create, post, store or share any User Content that:
•      Is unlawful, libelous, defamatory, obscene, pornographic, indecent, lewd, suggestive, harassing, threatening, invasive of privacy or publicity rights, abusive, inflammatory or fraudulent;
•      Would constitute, encourage or provide instructions for a criminal offense, violate the rights of any party or otherwise create liability or violate any local, state, national or international law;
•      May infringe any patent, trademark, trade secret, copyright or other intellectual or proprietary right of any party;
•      Contains or depicts any statements, remarks or claims that do not reflect your honest views and experiences;
•      Impersonates, or misrepresents your affiliation with, any person or entity;
•      Contains any unsolicited promotions, political campaigning, advertising or solicitations;
•      Contains any private or personal information of a third party without such third party’s consent;
•      Contains any viruses, corrupted data or other harmful, disruptive or destructive files or content; or
•      In our sole judgment, is objectionable, restricts or inhibits any other person from using or enjoying our Services, or may expose NFX or others to any harm or liability of any type.

Enforcement of this Section 5 is solely at NFX' discretion, and failure to enforce this section in some instances does not constitute a waiver of our right to enforce it in other instances.  In addition, this Section 5 does not create any private right of action on the part of any third party or any reasonable expectation that the Services will not contain any content that is prohibited by such rules.

6.            Ownership; Limited License
The Services, including the text, graphics, images, photographs, videos, illustrations and other content contained therein, are owned by NFX or our licensors and are protected under both United States and foreign laws. Except as explicitly stated in theseTerms, all rights in and to the Services are reserved by us or our licensors. Subject to your compliance with these Terms, you are hereby granted a limited, nonexclusive, nontransferable, non-sublicensable, revocable license to access and use our Services for your own personal, noncommercial use. Any use of theServices other than as specifically authorized herein, without our prior written permission, is strictly prohibited, will terminate the license granted herein and violate our intellectual property rights.

7.            Trademarks
NFX and our logos, our product or service names, our slogans and the look and feel of the Services are trademarks of NFX and may not be copied, imitated or used, in whole or in part, without our prior written permission. All other trademarks, registered trademarks, product names and company names or logos mentioned on the Services are the property of their respective owners. Reference to any products, services, processes or other information by trade name, trademark, manufacturer, supplier or otherwise does not constitute or imply endorsement, sponsorship or recommendation by us.

8.            Feedback
You may voluntarily post, submit or otherwise communicate to us any questions, comments, suggestions, ideas, original or creative materials or other information about NFX or ourServices (collectively, “Feedback”). You understand that we may use such Feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you, including, without limitation, to develop, copy, publish, or improve the Feedback in [ NFX]’s sole discretion.You understand that NFX may treat Feedback as nonconfidential.

9.            Repeat Infringer Policy; Copyright Complaints
In accordance with the Digital Millennium Copyright Act and other applicable law, we have adopted a policy of terminating, in appropriate circumstances, the accounts of users who repeatedly infringe the intellectual property rights of others. If you believe that anything on our Services infringes any copyright that you own or control, you may notify NFX’s designated agent as follows:

Designated Agent:          NFX Product
Address:                          NFX Capital Management, LLC.: 1402nd St., Ste 500 San Francisco, CA 94105
Telephone Number:        [insert phone number]
E-Mail Address:               product@nfx.com

Please see 17 U.S.C. § 512(c)(3) for the requirements of a proper notification. Also, please note that if you knowingly misrepresent that any activity or material on our Services is infringing, you may be liable to [NFX] for certain costs and damages.

10.         Third-Party Content
We may provide information about third-party products, services, activities or events, or we may allow third parties to make their content and information available on or through the Services (collectively, “Third-Party Content”). We provideThird-Party Content as a service to those interested in such content. Your dealings or correspondence with third parties and your use of or interaction with any Third-Party Content are solely between you and the third party. NFX does not control or endorse, and makes no representations or warranties regarding, any Third-Party Content, and your access to and use of such Third-Party Content is at your own risk.

11.         Indemnification
To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless NFX and our subsidiaries and affiliates and each of our respective officers, directors, agents, partners and employees (individually and collectively, the “NFXParties”) from and against any losses, liabilities, claims, demands, damages, expenses or costs (“Claims”) arising out of or related to (a) your access to or use of the Services; (b) your User Content orFeedback; (c) your violation of these Terms; (d) your violation, misappropriation or infringement of any rights of another (including intellectual property rights or privacy rights); or (e) your conduct in connection with the Services. You agree to promptly notify NFX Parties of any third-party Claims, cooperate with NFX Parties in defending such Claims and pay all fees, costs and expenses associated with defending such Claims (including, but not limited to, attorneys' fees). You also agree that the NFX Parties will have control of the defense or settlement, at NFX's sole option, of any third-party Claims. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between you and NFX or the other NFX Parties.

12.         Disclaimers
Your use of our Services is at your sole risk. Except as otherwise provided in a writing by us, our Services and any content therein are provided“as is” and “as available” without warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement. In addition, NFX does not represent or warrant that our Services are accurate, complete, reliable, current or error-free. While NFX attempts to make your use of ourServices safe, we cannot and do not represent or warrant that our Services or servers are free of viruses or other harmful components. You assume the entire risk as to the quality and performance of the Services.

13.         Limitation of Liability

To the fullest extent permitted by applicable law, NFX and the other NFXParties will not be liable to you under any theory of liability—whether based in contract, tort, negligence, strict liability, warranty, or otherwise—for any indirect, consequential, exemplary, incidental, or special damages or lost profits, even if NFX or the other NFX Parties have been advised of the possibility of such damages.The total liability of NFX and the other NFX Parties for any claim arising out of or relating to these Terms or our Services, regardless of the form of the action, is limited to the greater of $100.00 or the amount paid by you to use our Services.The limitations set forth in this Section 13 will not limit or exclude liability for the gross negligence, fraud or intentional misconduct of NFX or the other NFX Parties or for any other matters in which liability cannot be excluded or limited under applicable law. Additionally, some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so the above limitations or exclusions may not apply to you.

14.         Release

To the fullest extent permitted by applicable law, you release NFX and the other NFX Parties from responsibility, liability, claims, demands and/or damages (actual and consequential) of every kind and nature, known and unknown (including, but not limited to, claims of negligence), arising out of or related to disputes between users and the acts or omissions of third parties. If you are a consumer who resides in California, you hereby waive your rights under California CivilCode § 1542, which provides: “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.”

15.         Transfer and Processing Data
In order for us to provide our Services, you agree that we may process, transfer and store information about you in the United States and other countries, where you may not have the same rights and protections as you do under local law.

16.         Dispute Resolution; Binding Arbitration
Please read the following section carefully because it requires you to arbitrate certain disputes and claims with NFX and limits the manner in which you can seek relief from us, unless you opt out of arbitration by following the instructions set forth below. No class or representative actions or arbitrations are allowed under this arbitration agreement.In addition, arbitration precludes you from suing in court or having a jury trial.

No Representative Actions. You and NFX agree that any dispute arising out of or related to these Terms or our Services is personal to you and NFX and that any dispute will be resolved solely through individual action, and will not be brought as a class arbitration, class action or any other type of representative proceeding.

Arbitration of Disputes.
Except for small claims disputes in which you or NFX seeks to bring an individual action in small claims court located in the county of your billing address or disputes in which you or NFX seeks injunctive or other equitable relief for the alleged unlawful use of intellectual property, you and NFX waive your rights to a jury trial and to have any dispute arising out of or related to these Terms or our Services resolved in court. Instead, for any dispute or claim that you have against NFX or relating in any way to the Services, including privacy and data security claims, you agree to first contact NFX and attempt to resolve the claim informally by sending a written notice of your claim (“Notice”) to NFX by email atproduct@nfx.com or by certified mail addressed to Attn: Legal. NFX CapitalManagement, LLC.: 140 2nd St., Ste 500, San Francisco, CA 94105. The Notice must (a) include your name, residence address, email address, and telephone number; (b) describe the nature and basis of the claim; and (c) set forth the specific relief sought. Our notice to you will be similar in form to that described above. If you and NFX cannot reach an agreement to resolve the claim within thirty (30) days after such Notice is received, then either party may submit the dispute to binding arbitration administered by JAMS or, under the limited circumstances set forth above, in court. All disputes submitted to JAMSwill be resolved through confidential, binding arbitration before one arbitrator. Arbitration proceedings will be held in San Francisco, CA [or maybe conducted telephonically or via video conference for disputes alleging damages less than $100.00, in accordance with the JAMS Streamlined ArbitrationRules and Procedures (“JAMS Rules”). The most recent version of the JAMS Rules are available on the JAMS website and are hereby incorporated by reference. You either acknowledge and agree that you have read and understand the JAMS Rules or waive your opportunity to read the JAMS Rules and waive any claim that the JAMS Rules are unfair or should not apply for any reason.

You and NFX agree that these Terms affect interstate commerce and that the enforceability of thisSection 16 will be substantively and procedurally governed by the FederalArbitration Act, 9 U.S.C. § 1, JAMS website and are hereby incorporated by reference. You either acknowledge and agree that you have read and understand the JAMS Rules or waive your opportunity to read the JAMS Rules and waive any claim that the JAMS Rules are unfair or should not apply for any reason. You and NFX agree that these Terms affect interstate commerce and that the enforceability of thisSection 16 will be substantively and procedurally governed by the FederalArbitration Act, 9 U.S.C. § 1, et seq.(the “FAA”), to the maximum extent permitted by applicable law. As limited by the FAA, these Terms and the JAMS Rules, the arbitrator will have exclusive authority to make all procedural and substantive decisions regarding any dispute and to grant any remedy that would otherwise be available in court, including the power to determine the question of arbitrability. The arbitrator may conduct only an individual arbitration and may not consolidate more than one individual’s claims, preside over any type of class or representative proceeding or preside over any proceeding involving more than one individual.

The arbitrator, NFX, and you will maintain the confidentiality of any arbitration proceedings, judgments and awards, including, but not limited to, all information gathered, prepared and presented for purposes of the arbitration or related to the dispute(s)therein. The arbitrator will have the authority to make appropriate rulings to safeguard confidentiality, unless the law provides to the contrary. The duty of confidentiality does not apply to the extent that disclosure is necessary to prepare for or conduct the arbitration hearing on the merits, in connection with a court application for a preliminary remedy or in connection with a judicial challenge to an arbitration award or its enforcement, or to the extent that disclosure is otherwise required by law or judicial decision.

You and NFX agree that for any arbitration you initiate, you will pay the filing fee and NFX will pay the remaining JAMS fees and costs. For any arbitration initiated by NFX, NFX will pay all JAMS fees and costs. You and NFX agree that the state or federal courts of the State of California and the United States sitting in SanFrancisco, CA have exclusive jurisdiction over any appeals and the enforcement of an arbitration award.

Any claim arising out of or related to these Terms or our Services must be filed within one year after such claim arose; otherwise, the claim is permanently barred, which means that you and NFX will not have the right to assert the claim.

You have the right to opt out of binding arbitration within 30 days of the date you first accepted the terms of this Section 16 by emailing us at product@nfx.com. In order to be effective, the opt-out notice must include your full name and address and clearly indicate your intent to opt out of binding arbitration. By opting out of binding arbitration, you are agreeing to resolve disputes in accordance with Section 17.

If any portion of this Section16 is found to be unenforceable or unlawful for any reason, (a) the unenforceable or unlawful provision shall be severed from these Terms; (b) severance of the unenforceable or unlawful provision shall have no impact whatsoever on the remainder of this Section 16 or the parties’ ability to compel arbitration of any remaining claims on an individual basis pursuant to thisSection 16; and (c) to the extent that any claims must therefore proceed on a class, collective, consolidated, or representative basis, such claims must be litigated in a civil court of competent jurisdiction and not in arbitration, and the parties agree that litigation of those claims shall be stayed pending the outcome of any individual claims in arbitration. Further, if any part of this Section 16 is found to prohibit an individual claim seeking public injunctive relief, that provision will have no effect to the extent such relief is allowed to be sought out of arbitration, and the remainder of this Section 16will be enforceable.

17.         Governing Law and Venue
Any dispute arising from these Terms and your use of the Services will be governed by and construed and enforced in accordance with the laws of California, except to the extent preempted by U.S. federal law, without regard to conflict of law rules or principles (whether of California or any other jurisdiction) that would cause the application of the laws of any other jurisdiction. Any dispute between the parties that is not subject to arbitration or cannot be heard in small claims court will be resolved in the state or federal courts of California and the United States, respectively, sitting in San Francisco County, California.

18.         Modifying and Terminating our Services
We reserve the right to modify our Services or to suspend or stop providing all or portions of our Services at any time. You also have the right to stop using our Services at any time. If we discontinue providing all or portions of the Services, we will, where reasonably possible, give you advance notice and a chance to access and move your content and data to another service. We are not responsible, however, for any loss or harm related to your inability to access or use our Services.

19.         Severability
If any provision or part of a provision of these Terms is unlawful, void or unenforceable, that provision or part of the provision is deemed severable from these Terms and does not affect the validity and enforceability of any remaining provisions.

20.         Miscellaneous
The failure of NFX to exercise or enforce any right or provision of these Terms will not operate as a waiver of such right or provision. The section titles in these Terms are for convenience only and have no legal or contractual effect. Except as otherwise provided herein, these Terms are intended solely for the benefit of the parties and are not intended to confer third-party beneficiary rights upon any other person or entity. You agree that communications and transactions between us maybe conducted electronically. Under California Civil Code Section 1789.3,California consumers are entitled to the following specific consumer rights notice: The Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs may be contacted in writing at 1625 N. Market Blvd., Suite N-112, Sacramento, California 95834, or by telephone at 1 (800) 952-5210.