EIN – Foundation „European Investors Network“, registered entity in Latvia, listed in the Register of Enterprises under registration number 40008341457, with registered address at Marijas street 18A-10, Riga, LV-1011, Latvia.
Portal – the portal, that is available at: https://european-investors-network.com/
User – a person who visits or uses the Portal.
Password – a combination of letters and/or numbers chosen by the User and used when logging into the Portal.
Service – Any of the services offered on the Portal that the user has activated on the Portal.
User Profile – a personal User account created by the User on the Portal.
Terms and Conditions – these terms and conditions for the use of the European Investor Network Portal.
2.1. These Terms and Conditions shall be binding upon each subscriber of the Service who has registered on the Portal or uses the Portal. The use of the Portal constitutes the User’s confirmation that he agrees with the Terms and Conditions and undertakes to comply with them.
3.1. EIN may, at its sole discretion, restrict or terminate a User’s access to the content available on the Portal if the User or a third party using the User’s profile violates or is reasonably suspected of violating the Terms and Conditions, EIN’s instructions or laws and regulations.
3.2. EIN shall be entitled to amend the Terms and Conditions at any time, which shall come into force upon publication of the new version of the Terms and Conditions on the Portal. By continuing to use the Portal, the User confirms that he/she is familiar with the amendments to the Terms and Conditions and other changes to the services provided and undertakes to comply with them.
3.3. EIN shall be entitled to send commercial notifications about similar services by e-mail to the User who has not opted out by activating the unsubscribe function in the e-mail, based on the Article 9(2) of the Information Society Services Act.
3.4. EIN shall be entitled to suspend the operation of the Portal or its individual sections if this is necessary for the improvement or modernisation of the Portal.
3.5. EIN shall not be liable for any damage to or interruptions in the operation of the Portal caused by damage to or malfunction of the User’s equipment, the User’s e-mail configuration or workload, the use of inappropriate or unlicensed equipment or software, power outages, or damages incurred during the improvement, maintenance or upgrading of the Portal.
3.6. EIN shall not be liable for any damages incurred by the User if a third party accesses and/or uses the Portal using the User’s access data.
3.7. EIN has the right to change the scope of services and information available to the User on the Portal, the functional and visual design, as well as to provide the content and technical improvements necessary for the functional needs and general preferences of the User, without prior notice to the User.
3.8. Any information provided by EIN to an investor shall not be deemed to constitute investment advice or a recommendation to invest.
4.1. The provision of the Service shall commence upon activation of the relevant Service. The fact that the User does not use the Service selected/activated by the User does not relieve the customer from the obligation to pay for the Service.
4.2. The User shall be liable for payment of the Services activated using the User’s data, regardless of whether the Services are requested and received by the User or by a third party using the Service using the User’s data. If the User’s data is used unlawfully, the User is obliged to contact the law enforcement authorities and report the unlawful processing of the data.
4.3. The User has the right to unsubscribe from receiving commercial communications at any time by activating the unsubscribe function in the e-mail.
4.4. The User is responsible for all actions and their consequences, including actions of authorised persons and any other third parties, carried out using the Portal access data granted to the User. The transfer of Portal access data to another person shall be deemed to constitute the User’s authorisation for that person to act on the User’s behalf with full rights of access to the relevant level of the User’s account.
4.5. All information received by the User when using the Portal or receiving other services offered by EIN shall be considered as trade secrets and shall not be disclosed to third parties without the consent of EIN. Such information shall only be used for purposes authorised by EIN, i.e. for the User, as an investor or its representative, to evaluate the possibility of becoming an investor in startups of interest to itself. If the User discloses the confidential information received or uses the information for other purposes, EIN shall be entitled to demand from the User or the company represented by the User, a penalty of EUR 3,000 per instance. Payment of the contractual penalty shall not exempt the User from any further obligation of confidentiality, nor from the obligation to compensate for any damages caused.
5.1. The Service fee is indicated on the Portal.
5.2. The User agrees that the provision of the selected Service shall commence upon activation of the Service and the User agrees that he/she shall lose his/her right to withdraw from the distance contract upon activation of the Service.
5.3. The User agrees that if the User has opted for monthly automatic payment for the Service, the payment will be made or automatically debited on a regular basis from the payment card account specified by the User or as otherwise specified.
5.4. EIN has the right to terminate the Service if:
5.4.1. there are insufficient funds in the account of the payment card specified in the system to make the payment;
5.4.2. the payment card specified in the system has expired;
5.4.3. the payment card specified in the system has been blocked or cancelled;
5.4.4. the bank of the payment card indicated in the system does not provide automatic payment service;
5.4.5. there are reasonable grounds to suspect that the Portal has been used illegally by the User or another person or a report has been received about unauthorised access to the User’s access parameters by other persons. In the case referred to in this paragraph, EIN shall have the right to restrict access to some or all of the Services without prior notice;
5.4.6. the User breaches these Terms and Conditions.
5.5. The User may terminate the provision of the Service by terminating the monthly automatic payment on the Portal. In this case, the Service will be terminated after the end of the paid period. The User shall not be entitled to claim a refund for the period between the request for termination and the actual termination of the Service. In order to resume the provision of the Service, the User shall reactivate the Service by paying for it again.
5.6. The automatic payment of the payment card specified in the System may be interrupted if this is due to technical or technological requirements or the development of the Service.
6.1. The content of the Service is protected by the laws and regulations of the Republic of Latvia and international laws and regulations governing copyright protection. All copyright and other intellectual property rights in the material or content included in the Service are owned by EIN. EIN grants the User non-exclusive, non-transferable and limited rights to use the Service provided that the User does not:
6.1.1. copy, publish, reproduce, rent, broadcast, transmit or post the content of the Service and does not grant any person the rights to do so as set out above;
6.1.2. not circumvent, modify, delete, derive structure from, reverse engineer, create derivative works from, disassemble, modify or otherwise tamper with any security feature or encryption or other technology or software that is part of the Service. In no event shall ownership or other rights in the Service or its content be granted or transferred to the User.
6.2. Infringements of intellectual property rights shall constitute a material breach of the Terms and Conditions, entitling EIN to immediately terminate the Service and/or deny the User access to the Service or otherwise prevent the continuation of such unauthorized activities.
7.1. All disputes and disagreements that may arise between EIN and the User shall be settled by negotiation. The submission of a written claim to the other Party shall be a prerequisite for the settlement of a dispute. If the dispute cannot be resolved by negotiation, it shall be settled in the courts of the Republic of Latvia in accordance with the laws and regulations in force in the Republic of Latvia.
7.2. The Portal is the property of EIN. All information (including design, text and software code) on the Portal, insofar as it does not refer to other sources and owners, is the property of EIN and its use is permitted only in accordance with its purpose and EIN’s instructions. The use of the information published on the Portal on other internet sites or in other means and forms of dissemination or storage of information is prohibited without the permission of EIN. Unless otherwise stated, all copyright in the published information and its content belongs to EIN.
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