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UPSTOCK TERMS AND CONDITIONS

Welcome to Upstock!

Although it’s tempting to skip the terms and conditions part, it is relatively important to understand what you expect from us (while using Upstock services) and what we can expect from you. These terms and conditions create a contract between you and Upstock. Please read and understand the following Upstock agreement carefully.

I. Overview

  • These Terms and Conditions (the “Terms”) govern your use of and access to upstock.io and its sub-domains and affiliated sites, as well as Upstock’s pages and accounts on sites like Facebook®, LinkedIn®, Twitter®, Google+®, Instagram®, YouTube® (the “Sites”), and the agreement that operates between you (the “User”) and us. The Sites are the property of Upstock and/or its affiliates and protected by international trademark and copyright laws. These Terms set out the rights and obligations of all Users regarding the use of the services (the “Services”.)

  • Throughout the Sites, the terms “we”, “us” and “our” refer to Upstock.

  • By visiting our Sites and/or purchasing, subscribing, using or testing something from us, you (the “User” or “you”) engage in our Services and agree to be bound by the following Terms including those additional Terms referenced herein and/or available by hyperlink. These Terms apply to all users of the Sites, including without limitation users who are browsers, vendors, customers, merchants, and/or contributors of content.

  • Please read these Terms carefully before accessing any or all of our Sites or using our Services. Your continued use of any or all of the Sites constitutes your agreement to be bound by these Terms. If you do not agree to be bound by the Terms promptly exit the Sites.

  • Your access to and use of the Service is also conditioned upon your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes our policies and procedures on the collection, use and disclosure of your personal information when you use the Service or the Sites and tells you about your privacy rights and how the law protects you. Please read our Privacy Policy carefully before using our Services.

  • You can review the most current version of the Terms at any time on this page. We reserve the right to update, change or replace any or all parts of these Terms by posting updates and/or changes to our Sites. It is your responsibility to check this page periodically for changes. Your continued access or use of the Sites following the posting of any changes constitutes acceptance of those changes which becomes effective immediately.

II. General Terms

  • By agreeing to these Terms, you represent that: (a) you are at least the age of majority (adulthood as recognized or declared in law) in your state or province of residence, or (b) you are a guardian giving your consent for your minor to use the Sites.

  • You may not use our products for any illegal or unauthorized purpose nor may you, in the use of the Sites, violate any laws in your jurisdiction or any other jurisdictions you operate in (including but not limited to copyright laws). You are also required to comply with all laws and regulations applicable to your activities on, or related to, our Sites or Services.

  • You must not transmit any worms, viruses, bots, trojans, or any other code of a destructive nature.

  • At the Company Administrators discretion, any User will directly become liable to the spirit of the signed agreements within our Service as if they have signed these documents, even in the case where the legal agreements were not signed. By way of example, if the User performs services and records these services within the Upstock dashboard but does not sign the documents, that person will not be able to later claim that the work they performed should be compensated by cash instead of by equity.

  • We reserve the right to refuse, modify or discontinue to provide the Services to anyone for any reason without any prior consent or notice.

  • You understand that your content may be transferred unencrypted and involve (a) transmissions over various networks, and (b) changes to conform and adapt to the technical requirements of connecting networks or devices. 

  • You agree not to reproduce, duplicate, copy, sell, resell or exploit any portion of the Services, use of the Services, or access to the Services or any contact on the Sites through which the Service is provided, without receiving the express signed written contractual permission of Upstock’s legal team. You hereby acknowledge your responsibility to Upstock for any and all material harm caused by any unlawful reproducing, duplicating, copying, selling, reselling, or exploiting of any portion of the Services, use of the Services, or access to the Services or any contact on the Sites through which the Service is provided.

  •  The headings used in this agreement are included for convenience only and will not limit or otherwise affect these Terms.

  • Except as otherwise provided in the Upstock Agreement, we expressly reserve all rights and remedies available under the Upstock Agreement, and any other documents or other agreements in perpetuity. 

  • Upstock's legal agreements are currently not designed to meet the needs of a Decentralized Autonomous Organization ("DAO"), and hence are not sufficient for DAOs.

III. Accuracy, Completeness, and Timeliness of Information

  • We are not responsible if information made available on the Sites is not accurate, complete or current. The material on the Sites is provided for general information only and should not be relied upon or used as the sole basis for making decisions without consulting primary, more accurate, more complete or more timely sources of information. Any reliance on the material on the Sites is at your own risk.

  • The Sites may contain certain historical information. Historical information, necessarily, is not current and is provided for your reference only. We reserve the right to modify the contents of the Sites at any time. You agree that it is your responsibility to monitor changes to our Sites and Service.

IV. Modifications to the Services

  • Prices for the Services are subject to change without notice.

  • We reserve the right to modify or discontinue the Services (or any part or content thereof) at any time without prior notice.

  • We shall not be liable to you or to any third party for any modification, price change, suspension or discontinuance of the Services.

V. The Services

  • We reserve the right but are not obligated, to limit the sales of Services to any person, geographic region, or jurisdiction. We may exercise this right on a case-by-case basis. We reserve the right to limit the quantities of any of the Services that we offer.

  • We do not warrant that the quality of the Services, information, or other material purchased or obtained by you will meet your expectations, or that any errors in the Services will be corrected.

VI. Third Party Links

  • Certain content, products, and services available via the Services may include materials from third-parties.

  • Third-party links on the Sites may direct you to third-party websites that are not affiliated with us. We are not responsible for examining or evaluating the content or accuracy of third party services and we do not warrant and do not have any liability or responsibility for any third-party materials or websites, or for any other materials, products, or services of third parties.

  • We are not liable for any harm or damages related to the purchase or use of goods, services, resources, content, or any other transactions made in connection with any third-party websites. Complaints, claims, concerns, or questions regarding third-party products should be directed to the third party.

  • Please carefully review any third-party policies and practices (including terms and conditions and the privacy policies) and make sure you understand them before you engage in any transaction.

VII. Privacy

  • Upstock respects the privacy of its users. Please refer to Upstock’s Privacy Policy which explains how we collect, use, and disclose information that pertains to your privacy. When you access or use Services, you signify your agreement to this Privacy Policy. The Privacy Policy may be updated from time to time at our discretion.

VIII. Confidential Information

Definition

  • The term “Confidential Information” shall be given its broadest possible interpretation and shall mean any information, including trade secrets, know-how, intellectual property, proprietary company information including confidential business plans, files, records, computer printouts, documents, objects, drawings, specifications, patterns, lists, reports, correspondence, programming code, financial data, formulas, compilations, programs, devices, methods, techniques, or processes and similar items relating to the business of Upstock that are valuable, special, and unique assets of Upstock, access to and knowledge of which are provided to you in connection with the Services.

Nondisclosure

  • You acknowledge that from time to time you may be provided with Upstock’s Confidential Information and you further acknowledge your obligation to keep this knowledge confidential and solely for your use in connection with the Services.  Without limiting the scope of such confidentiality obligations, you agree that you shall not, at any time or in any manner, directly or indirectly, use for your own benefit or the benefit of any other person or entity, or otherwise divulge, disclose, or communicate to any person or entity any information concerning any Confidential Information without the prior express written consent of Upstock. 

Liability For Disclosure Of Confidential Information

  • You acknowledge that each of the restrictions contained in these Terms relating to the non-disclosure of Confidential Information is reasonable and necessary in order to protect legitimate interests of Upstock and that any violation thereof would cause irreparable injury to Upstock. You agree that in the event of any violation thereof, Upstock shall be authorized and entitled to obtain, from any court of competent jurisdiction, preliminary and permanent injunctive relief as well as an equitable accounting of all profits or benefits arising out of such violation and any damages for breach of these Terms that may be applicable.  The aforesaid rights and remedies shall be independent, severable and cumulative, and shall be in addition to any other rights or remedies to which Upstock may be entitled.

IX. Confidentiality and Privacy Under the GDPR

  • Upstock’s collection, storage, and use of your data will be governed by Upstock’s Privacy Policy. If you are a member of the European Union (EU), you have special rights under the EU General Data Protection Regulation  (the “GDPR”). Those include: You have the right to object to the processing of your data and the right to portability of your data. All complaints must be sent to legal@upstock.io. You also have the right to erasure, rectification, access, or seek restrictions to the processing of your personal data in our system. To the extent you provide consent to our processing of your personal data, you have the right to withdraw that consent at any time, however, withdrawing consent may affect User’s use of Services. Any withdrawal of consent does not apply to data collected lawfully prior to such consent. You have the right to lodge a complaint with a supervisory authority containing jurisdiction over GDPR related issues.

X. Confidentiality and Privacy under CCPA

  • If you are an individual or a legal entity in any of the following States of the United States of America: Alabama, Alaska, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, New Jersey, New York, and Texas, you have special rights under the California Consumer Privacy Act (the “CCPA”). Those include: the right to know what personal information is collected, used, shared, or sold, both as to the categories and specific pieces of personal information; the right to delete personal information held by business and by extension a business’s service provider; the right to opt-out of sale of personal information; the right to non-discrimination in terms of price or service when a consumer exercises a privacy right under CCPA. All complaints must be sent to legal@upstock.io

XI. Errors, Inaccuracies, and Omissions

  • Occasionally there may be information on our Sites or in the Services that contains typographical errors, inaccuracies, or omissions that may relate to product descriptions, pricing, promotions, offers, transit times, and availability. We reserve the right to correct any errors, inaccuracies or omissions, and to change or update information if any information in the Services or on any related Sites is inaccurate or requires updating at any time without prior notice.

XII. Prohibited Uses

  • In addition to other prohibitions as set forth in these Terms, you are prohibited from using the Sites or its content: (a) for any unlawful purpose; (b) to solicit others to perform or participate in any unlawful acts; (c) to violate any international, federal, provincial or state regulations, rules, laws, or local ordinances; (d) to infringe upon or violate our intellectual property rights or the intellectual property rights of others; (e) to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability; (f) to submit false or misleading information; (g) to upload or transmit viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Services or of any related Sites, other websites, or the Internet; (h) to collect or track the personal information of others; (i) to spam, phish, pharm, pretext, spider, crawl, or scrape; (j) for any obscene or immoral purpose; or (k) to interfere with or circumvent the security features of the Services or any related Site, other websites, or the Internet. We reserve the right to terminate your use of the Services or any related Sites for violating any of the prohibited uses.

  • If we determine that the User has clearly, seriously or repeatedly breached our Terms, we may suspend or permanently disable that User's access to our Services. We may also suspend or disable the User's account if such User repeatedly infringe other people’s intellectual property rights or where we are required to do so for legal reasons. When we take such action, we’ll let the User know and explain the options the User has to request a review, unless doing so may expose us or others to legal liability; harm our community of users; compromise or interfere with the integrity or operation of any of our Services or systems; or where we are restricted due to technical limitations; or where we are prohibited from doing so for legal reasons.

XIII. Trademark, Copyright, and Intellectual Property

  • All of the content that appears on the Sites, including all designs, illustrations, icons, photographs, video clips, and written materials, as well as the compilation of the website, Services, and other materials, are the exclusive property of Upstock or our licensors and are protected by the United States and international copyright laws. All trademarks, service marks, and trade names that appear on the Sites are the property of Upstock or our licensors.

  • You may not display, reproduce, or otherwise use the content or materials on the Sites without first receiving written consent from us. Any unauthorized use of any content or materials on the Sites is strictly prohibited and violates copyright, trademark, and/or other intellectual property laws, and/or the laws of privacy, publicity, and/or communications regulations and statutes.

  • Please email legal@upstock.io if you would like to request authorization to use the materials or content on our Sites or Services.

XIV. DMCA Policy

  • We respect the intellectual property of others and ask that users of our Sites do the same. If you believe that one of Upstock’s users is, through the use of our Sites, unlawfully infringing the copyrights in a work, and wish to have the alleged infringing material removed, written notification must be provided to the Designated Copyright Agent at legal@upstock.io. In accordance with the Digital Millennium Copyright Act of (DMCA) 1998, the text of which may be found on the U.S. Copyright Office website at http://www.copyright.gov/legislation/dmca.pdf Upstock will respond expeditiously to claims of copyright infringement committed using the Upstock Service and/or Upstock Sites if such claims are reported to Upstock’s Designated Copyright Agent at legal@upstock.io.

XIV. DISCLAIMER OF WARRANTIES; LIMITATION OF LIABILITIES

​These disclaimers will apply to the fullest extent permitted by law.

  • We do not guarantee, represent or warrant that your use of the Sites or Services will be uninterrupted, timely, secure, or error-free.

  • We do not warrant that the results that may be obtained from the use of the Sites or Services will be accurate or reliable.

  • You expressly agree that your use of, or inability to use, the Sites or Services is at your sole risk. The Services and all products and services delivered to you through the Sites are (except as expressly stated by us) provided 'as is' and 'as available' for your use, without any representation, warranties or conditions of any kind, either express or implied, including all implied warranties or conditions of merchantability, merchantable quality, fitness for a particular purpose, durability, title, and non-infringement of proprietary rights.

  • In no case shall Upstock, our directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers or licensors be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any kind, including, without limitation lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based in contract, tort (including negligence), strict liability or otherwise, arising from your use of any of the Services or any products procured using the Services, or for any other claim related in any way to your use of the Services or any product, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of the Services or any content (or product) posted, transmitted, or otherwise made available via the Sites, even if advised of their possibility.

  • We provide data duplication, data integration, data import, data migration, data conversion, data matching, and other services that involve extensive changes to large amounts of your data, and you understand that some risk of significant data corruption does exist during these types of processes.  To mitigate this risk, you agree to have made “Backups” (extra, easily accessible and restorable copies) of all data prior to the utilization of our Services and that in the event of a data problem, your restoral of those backups, at your expense, is your sole recourse for such an event, and is the planned approach of data recovery.

  • Because some states or jurisdictions do not allow the exclusion or the limitation of liability for consequential or incidental damages, in such states or jurisdictions, our total liability to you for any loss, cost, claim, or damages of any kind arising out of or related to this Terms shall be limited to the amount of the fees paid by you to us.

Some jurisdictions do not allow the disclaimer of implied warranties.  In such jurisdictions, some of the foregoing disclaimers as to implied warranties may not apply.

XV. Mandatory Disclosure to Stakeholders

  • If the Company ceases its usage of the Upstock Dashboard for any reason, the Company may be allowed to continue using the legal documents generated by Upstock for the Company’s existing equity incentive plan only if:

(1) the Company provides a written disclosure to its stakeholders and Service Providers that the legal documentation is no longer associated with Upstock and Upstock is no longer responsible for any changes and updates made to the legal documents,

(2) the Company refrains from using Upstock’s legal documentation in full or in part for newly created equity incentive plans, and

(3) the Company refrains from sharing Upstock’s documentation with any third parties that are not parties to the agreements.

  • The legal documentation is Upstock’s intellectual property and unauthorized usage is strictly prohibited and is subject to legal penalties in accordance with the governing laws. 

 

XVI. We Are not Lawyers

  • We are not lawyers or a law firm and we do not provide legal, business or tax advice.  The content included in the Sites is provided “as is" and neither Upstock nor any of Upstock’s attorneys make any warranty (express or implied), representation or guarantee with respect to the content, Sites and Services. The Sites and our Services are not a substitute for the advice or services of a lawyer.  You understand and agree that neither our software, nor any content provided by Upstock is intended to be legal advice, and you understand that for any legal, business or tax advice you should consult a qualified attorney or tax professional. Use of our Sites and Services is not intended to create an attorney-client relationship between you and Upstock.  Further, Upstock is not a lawyer referral service.

  • The law changes frequently so despite our efforts to provide current information, we cannot guarantee that all the information on our Sites is completely current at all times.  In addition, the laws and the interpretations of such laws may vary by jurisdiction, so the information on our Sites will not apply in all circumstances. Therefore, you should consult a licensed attorney in your area if you need specific advice or if your situation is too complex for our generic tools.

XVII. Indemnification

  • The Company agrees to indemnify and hold Equitizer, Inc. (dba Upstock, Uptoken, etc.), its officers, agents, and employees harmless from any liability, loss, or damage they may suffer as a result of claims, demands, costs, or judgments against them arising out of the activities to be carried out pursuant to the obligations of this Plan and any other agreements related to this Plan.

  • You agree to indemnify, defend and hold harmless Upstock and our parent, subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns, and employees, harmless from any claim or demand, including reasonable attorneys’ fees, made by any third party due to or arising out of your breach of these Terms or the documents they incorporate by reference or your violation of any law or the rights of a third-party. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, and you agree to cooperate with our defense of these claims.

XVIII. Arbitration

 

  • Upstock and you (collectively the “parties”) mutually agree that if a dispute, controversy or claim (collectively a “Dispute”) arises from or relates directly or indirectly to the subject matter of these Terms, and if the Dispute cannot be settled within ten (10) days through direct discussions between the parties, the parties shall first endeavor to resolve the Dispute by immediately participating in a mediation administered by a mediator selected by mutual agreement of the parties, before resorting to arbitration. Thereafter, if any Disputes remain after the mediation, such Disputes shall be promptly resolved by binding arbitration. The parties acknowledge that this agreement to arbitrate means that the parties are relinquishing rights to either a jury trial or court trial for the resolution of any claims that the parties may have against the other.  The party desiring to initiate arbitration can do so by sending written notice of an intention to arbitrate by registered or certified mail to the other party.  The written notice shall contain a description of the nature of all claims or controversies asserted and the facts upon which such claims are based.  All claims shall be submitted to a single neutral arbitrator.  The arbitration shall take place in the governing law where Upstock is formed, unless otherwise mutually agreed.  The arbitrator shall be mutually agreed upon by the parties.  If the parties cannot agree upon an arbitrator, the selection process shall be governed by the arbitration rules and procedures of Judicial Arbitration and Mediation Services, Inc. (“JAMS”).  These rules and procedures may be found on the JAMS website at http://www.jamsadr.com/ rules-comprehensive-arbitration.  Regardless of the arbitrator chosen, the arbitration proceedings shall be governed by the then-current JAMS procedural rules, except that if a contrary rule exists.   

  • The arbitrator may, in his or her discretion, award attorneys' fees and costs, in whole or part, to the prevailing party in a manner consistent with applicable law. The arbitrator may grant any remedy or relief available under law, without limitation, that the arbitrator determines to be just and equitable based on the evidence introduced at the hearing and any logical and reasonable inferences therefrom.  The decision shall be made in writing and contain a concise statement of the reasons in support of the decision.  The decision shall be signed by the arbitrator and mailed to each party.  The decision may be judicially enforced (confirmed, corrected or vacated). The decision is final and binding and there is no direct appeal from the decision on the grounds of error in the application of law.

  • This agreement to arbitrate and the arbitration procedure is intended to be the exclusive method of resolving all claims or controversies as described above between the parties.  THE  PARTIES HEREBY WAIVE ANY RIGHTS TO TRIAL BY JURY IN REGARD TO ARBITRABLE CLAIMS, INCLUDING WITHOUT LIMITATION ANY RIGHT TO TRIAL BY JURY AS TO THE MAKING, EXISTENCE, VALIDITY, OR ENFORCEABILITY OF THIS AGREEMENT TO ARBITRATE.

XIX. Severability

  • In the event that any provision of these Terms is determined to be unlawful, void or unenforceable, such provision shall nonetheless be enforceable to the fullest extent permitted by applicable law, and the unenforceable portion shall be deemed to be severed from these Terms, such determination shall not affect the validity and enforceability of any other remaining provisions.

XX. Termination

  • The obligations and liabilities of the parties incurred prior to the termination date shall survive the termination of this agreement for all purposes.

  • These Terms are effective unless and until terminated by either you or us. You may terminate these Terms at any time by notifying us that you no longer wish to use the Services. We may terminate these services at any time if your account has become inactive.

  • We may terminate this agreement at any time without prior notice or liability, for any reason whatsoever, including without limitation if you breach these Terms, and you will remain liable for all amounts due up to and including the date of termination; and/or accordingly we may deny you access to the Services (or any part thereof).

XXI. Entire Agreement

  • The failure of us to exercise or enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

  • These Terms and any policies or operating rules posted by us on the Sites or in respect to the Services constitutes the entire agreement and understanding between you and us and govern your use of the Sites, superseding any prior or contemporaneous agreements, communications, and proposals, whether oral or written, between you and us (including, but not limited to, any prior versions of the Terms).

  • Any ambiguities in the interpretation of these Terms shall not be construed against the drafting party.

XXII. Governing Law

  • These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States of America, without regard to conflict or choice of law principles. Your use of the Services may also be subject to other local, state, national and international laws.

XXIII. For European Union (EU) Users

  • If you are a European Union User, you will benefit from any mandatory provisions of the law of the country in which you are resident in.

XXIV. United States Legal Compliance

  • You represent and warrant that (i) you are not located in a country that is subject to the United States government embargo, or that has been designated by the United States government as a “terrorist supporting” country, and (ii) you are not listed on any United States government list of prohibited or restricted parties.

XXV. Changes to Terms and Conditions

  • You can review the most current version of the Terms at any time on the Upstock.io website.

  • We reserve the right, at our sole discretion, to update, change or replace any part of these Terms by posting updates and changes to our website. It is your responsibility to check our website periodically for changes. Your continued use of or access to our Sites or the Services following the posting of any changes to these Terms constitutes acceptance of those changes. If you don’t agree to the new terms, in whole or in part, please stop using the Sites and the Services.

XXVI. Electronic Communications and Electronic Contracting

  • You consent to receive communications from us electronically, both by email or posting on the Sites, and you agree that this satisfies any legal requirement that such communications be in writing.

  • You acknowledge that any agreement or transaction entered into electronically via the Sites or Services will constitute your agreement and intent to be bound by and to pay for such transactions and agreements.

XXVII. Waiver

  • If we fail to enforce or exercise our rights under any provision of these Terms it will not constitute a waiver of that provision.

XXVII. Acknowledgment

  •  If the Company engages the services of Community Contributors, the Company acknowledges its own responsibility for compliance with the language of this Agreement, the Plan, and any other agreement related to it with Rule 701. There is no guarantee that whichever language Upstock provides in this Agreement, the Plan, or any agreements related to it will be sufficient. The Company is also aware and assumes all the risks associated with compliance of Community Contributors’ services with the Rule 701

 

XXVIII. Contact Us

  • Upstock welcomes your questions or comments regarding the Terms at  legal@upstock.io.


 

 

 

Effective as of January 29, 2019

Last updated November 18, 2021

This document contains confidential or proprietary information which may be legally privileged. It is intended only for the User, and may not to be shared outside of UpStock

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