Terms of Use

(Effective Date: September 21, 2021)

Inventum Ventures LLC (“Inventum,” “we,” “us” or “our”) maintains these Terms of Use (“TOU”) that describes the terms and conditions applicable to the use of our website at https://inventumventures.com/ (the “Website”). Your use of the Website is subject at all times to these TOU and the Inventum’s Privacy Policy (the “Privacy Policy”). Any inconsistencies between the TOU and the Privacy Policy shall be resolved by Inventum in its sole and absolute discretion.

EACH TIME YOU USE OR ACCESS A WEBSITE, YOU AGREE TO BE BOUND BY THESE TOU AND REPRESENT THAT YOU HAVE READ AND UNDERSTOOD THE RIGHTS, OBLIGATIONS, TERMS AND CONDITIONS SET FORTH HEREIN AND AGREE TO BE LEGALLY BOUND BY THEM. IF YOU DO NOT UNDERSTAND OR AGREE TO BE BOUND BY (OR CANNOT COMPLY WITH) THESE TOU, DO NOT USE OR ACCESS THE WEBSITE. YOUR CONTINUED ACCESS OF A WEBSITE SHALL BE DEEMED TO CONSTITUTE YOUR AGREEMENT TO BE LEGALLY BOUND BY THESE TOU, AS THEY MAY BE AMENDED FROM TIME TO TIME. ANY REFERENCES HEREIN TO “YOU” AND “YOUR” REFER TO BOTH YOU AND SUCH PERSON AND ENTITY ON WHOSE BEHALF YOU ACT, IF ANY.

In some instances, separate terms of use, end-user licenses, agreements, rules, policies or guidelines will set forth additional terms and conditions that may apply to products, materials, information or services offered by Inventum (“Additional Terms”). To the extent there is a conflict between the TOU and any Additional Terms, the Additional Terms takes precedence unless Inventum determines otherwise, in its sole and absolute discretion.

1. LICENSE

(a) Grant. Subject to the terms and conditions of these TOU, the Privacy Policy and any Additional Terms (each of which are hereby incorporated by this reference), Inventum hereby grants to you a limited, non-exclusive, non-transferable and revocable right and license to use and display the Website solely for non-commercial personal use. Inventum may terminate this license without notice in the event you fail to comply with these TOU, any Additional Terms or the Privacy Policy. Upon termination of the license, you must immediately cease accessing or using the Website.

(b) Limitations. The license granted to you is subject to the following limitations. You shall not or permit any other person to:

(i) in whole or in part modify or create any derivative work of the Inventum Materials (defined below);

(ii) modify or remove any copyright, patent, confidentiality, and other notices, labels or legends in any Inventum Materials;

(iii) sell, grant a security interest in or transfer reproductions of any Inventum Materials to other parties in any way not expressly authorized herein;

(iv) assign, rent, lease or license any Inventum Materials to others; and

(v) exploit the Inventum Materials, or any of its parts for any commercial purpose.

Your failure to comply with the restrictions and limitations listed above and elsewhere in these TOU shall result in termination of the license granted hereunder with immediate effect and may subject you to civil and/or criminal liability.

2. IP OWNERSHIP

(a) Website. Inventum and/or its licensors retain exclusive right, title and interest (including all intellectual property rights) in and to all materials that are part of each Website (including past, present and future versions), including, without limitation: graphics; layout; text; images; audio and/or video; designs; advertising copy; logos; domain names; trade names and marks; and service marks; any and all copyrightable material; the “look and feel” of the Website; the compilation, assembly and arrangement of the materials of the Website; and all other materials or content made available on the Website (collectively, the “Inventum Materials”) and such Inventum Materials are protected from unauthorized use, copying and dissemination by copyright, trademark, patent, publicity and other laws, rules, regulations and international treaties.

(b) Trademark Notice. All words and logos in a Website marked by the ™ or ® symbols are trademarks and service marks of Inventum and/or its licensor(s). All rights are reserved. All other trademarks and service marks appearing in a Website are the property of their respective owners. All rights are reserved. Use of any of our trademarks, service marks or names as “metatags” for any purpose other than as expressly authorized in these TOU is strictly prohibited.

(c) No Additional Rights. Only those licenses expressly set forth in these TOU are granted. No other licenses are granted under these TOU, whether by implication, estoppel, course of conduct, or otherwise. Nothing in these TOU is intended to transfer any of the right, title, and interest (including all intellectual property rights) from Inventum and/or its licensors to you or any third party. If you are ever inadvertently or erroneous held or deemed to be the owner of any such rights, you agree to assign and hereby irrevocably assign to Inventum or its licensors, as the case may be, all such rights as of the effective date of these TOU and agree to execute all documents to implement and confirm the letter and intent of the foregoing.

3. ACCOUNTS, PASSWORDS AND SECURITY

If any of the services provided on a Website requires you to open an account, you must complete the registration process by providing and maintaining current, accurate and complete information as requested on the applicable registration form and maintaining the strict confidentiality of your password. If Inventum has provided you with login information to enable you to access restricted URLs on a Website, be advised that such login information, as well as any content located at or linked from that URL, is confidential and proprietary to Inventum, and you are not authorized to share any information you view, download, or otherwise use at that URL. If you are using a Website on behalf of your employer, you represent that you are authorized to accept these TOU on your employer’s behalf. You are the only person authorized to use your login information, and you are solely responsible for maintaining the confidentiality of your password(s). You acknowledge and agree that certain services may provide password-restricted access to customer information such as names and certain products. By using the Website and registering for such services, you consent to Inventum’s display of such information via the services and accept all risks of unauthorized access to such information. You are also fully responsible for all activities that occur through the use of your account and password. You agree to notify Inventum immediately of any unauthorized use of your account or password or any other breach of security and ensure that you exit from your account at the end of each session. Inventum is not responsible or liable for any loss or damage that may occur as a result of someone else using your password or account, either with or without your knowledge. However, you could be held liable for losses incurred by Inventum or any other party due to someone else using your account or password. You may not use anyone else’s account at any time. Inventum reserves the right to terminate your access to the Website should Inventum in its sole discretion consider your use of the Website to be inappropriate in any way. Upon termination of your access to the Website, you must destroy all materials obtained from any Website which permit identification of any individual.

4. MODIFICATIONS

(a) Terms of Use. Inventum may, from time to time, modify, amend, or supplement these TOU and post those changes on the TOU page. Such modifications or supplements shall be effective immediately upon posting on the Website. You are responsible for periodically checking the Website for changes to the TOU. You can determine when the TOU were last revised by referring to the “Effective Date” legend at the top of these TOU. If you do not agree to be bound by (or cannot comply with) the TOU as modified or supplemented, you agree that your sole remedy is to cease using the Website. Your continued use of any Website constitutes your agreement to be bound by the modified TOU.

(b) Changes. Inventum reserves the exclusive right and may, at any time and without notice and liability to you, modify, supplement, suspend or discontinue (collectively, “Changes”) the Website, whether temporarily or permanently, in whole or in part for valid commercial reasons and/or as required by applicable law. Any such Change shall be effective immediately upon notice by posting on the Website or these TOU, or by any other method of notice Inventum deems appropriate. Any access or use of any Website after such notice of Change, constitutes acceptance by you of such Change. Temporary interruptions in the availability of the Website may occur from time to time as normal events. You agree that neither Inventum nor any of its affiliates, licensors, agents, or employees is liable to you or any third party for any revision, supplement, suspension, or discontinuation of the Website, and termination of any license. The Website may include technical inaccuracies, typographical errors or may enable you to access or download harmful or malicious code introduced onto the Internet by third parties. The Website are made available internationally and may contain references to products, programs and services of Inventum /or its licensors that are not available in your location. Such references do not imply that Inventum or its licensors intend to make available such products, programs or services in your location.

5. DISCLAIMER OF WARRANTIES

YOU EXPRESSLY AGREE THAT THE USE OF THE WEBSITE AND THE INTERNET IS AT YOUR SOLE RISK. THE WEBSITE ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS FOR YOUR USE, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTIBILITY, SATISFACTORY QUALITY, NON-INFRINGEMENT OR FITNESS FOR A PARTICULAR PURPOSE. THE COMPANY PROVIDES THE WEBSITE ON A COMMERCIALLY REASONABLE BASIS AND DOES NOT GUARANTEE THAT YOU WILL BE ABLE TO ACCESS OR USE THE WEBSITE AT TIMES OR LOCATIONS OF YOUR CHOOSING, OR THAT THE COMPANY WILL HAVE ADEQUATE CAPACITY FOR THE WEBSITE AS A WHOLE OR IN ANY SPECIFIC GEOGRAPHIC AREA. YOUR ACCESS AND USE OF THE WEBSITE IS AT YOUR OWN DISCRETION AND RISK AND YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER OR MOBILE DEVICE, OR ANY OTHER DAMAGES THAT RESULTS FROM SUCH ACCESS OR USE.

6. LIMITATIONS OF LIABILITIES

YOU ACKNOWLEDGE AND AGREE THAT YOUR SOLE AND EXCLUSIVE REMEDY FOR ANY DISPUTE WITH THE COMPANY OR ITS LICENSORS IS TO STOP ACCESSING USING THE WEBSITE. YOU ACKNOWLEDGE AND AGREE THAT IN NO EVENT WILL THE COMPANY, ITS LICENSORS OR ITS AFFILIATES BE LIABLE FOR ANY ACT OR FAILURE TO ACT BY THEM OR ANY OTHER PERSON REGARDING CONDUCT, COMMUNICATION OR CONTENT ON THE WEBSITE OR THE ACCESS OR USE THEREOF. MOREOVER, TO THE EXTENT PERMITTED BY APPLICABLE LAW, YOU ACKNOWLEDGE AND AGREE THAT IN NO CASE SHALL THE COMPANY’S OR ITS LICENSORS’, AFFILIATES,’ EMPLOYEES’, OFFICERS’, OR DIRECTORS’ (COLLECTIVELY, “COMPANY AFFILIATES”) LIABILITY TO YOU IN RESPECT TO ANY ACT OR FAILURE TO ACT IN RELATION TO THE WEBSITE EXCEED US$1,000. FURTHERMORE, IN NO CASE SHALL THE COMPANY, ITS LICENSORS OR AFFILIATES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING, WITHOUT LIMITATION, THOSE RESULTING FROM PERSONAL INJURY, DAMAGE TO PROPERTY, LOSS OF PROFITS, DATA, USE, GOODWILL, BUSINESS INTERRUPTION, OR OTHER COMPARABLE LOSS) ARISING FROM YOUR USE OF THE WEBSITE, THE INTERNET OR FOR ANY OTHER CLAIM RELATED IN ANY WAY TO YOUR USE OF OR USERSHIP, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL THEORY AND WHETHER OR NOT THE COMPANY OR ANY COMPANY AFFILIATE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 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, THE COMPANY’S AND COMPANY AFFILIATES’ LIABILITY SHALL BE LIMITED TO THE FULL EXTENT PERMITTED BY LAW.

7. LINKS

For the convenience of our users, the Website may provide certain links to services and Website provided by third parties. Inventum is not responsible for the content of any other services or website linked to or from a Website. If you follow any such links, you leave a Website and you do so entirely at your own risk. Inventum provides links from a Website solely as a convenience to you and in no way should this be interpreted as a referral or endorsement of any content, sponsor or owner of any other services or Website. THE COMPANY DISCLAIMS ALL WARRANTIES, CONDITIONS OR OTHER TERMS EXPRESS OR IMPLIED AS TO ANY SUCH LINKED SERVICES OR WEBSITE, INCLUDING, WITHOUT LIMITATION, AS TO ACCURACY, OWNERSHIP, VALIDITY OR LEGALITY OF ANY CONTENT OF A LINKED SERVICE OR WEBSITE.

8. INDEMNIFICATION

You agree to defend, indemnify and hold harmless Inventum and its licensors, affiliates, employees, officers, and directors from all claims for liabilities, losses and expenses, including reasonable attorneys’ fees and costs, arising from: (a) your breach of these TOU, the Privacy Policy, Additional Terms or any applicable rules, laws or regulations, whether or not referenced herein, (b) in connection with your access and use of the Website in breach of these TOU, the Privacy Policy, the Additional Terms or any applicable rules, laws or regulations, whether or not referenced herein, (c) violation of any rights of any third party or (e) any interaction you may have with other users of the Website, and any dispute arising in relation thereto. Inventum reserves the right, at its own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you. In that event, you shall provide all reasonable assistance and cooperation to Inventum as may be required by Inventum in respect of such matter. The obligations set forth herein shall survive termination of these TOU.

9. GOVERNING LAW

The Website are made accessible, operated and controlled from in the State of California, U.S.A. It may be accessible from various countries of the world. Inventum makes no representation that contents on the Website may be downloaded, viewed or are appropriate for use outside the United States. If you access or otherwise use the Website or its content from outside of the United States, you do so at your own risk. Whether inside or outside of the United States, you are solely responsible for ensuring compliance with the laws of your specific jurisdiction.

The laws of the State of California, without regard to conflicts of law provisions, will apply to all matters arising out of or in connection with the Website and your access and use of the Website. By accessing or using the Website, you submit and consent to the exclusive jurisdiction of state and federal courts in the State of California with respect to any dispute or cause of action (whether contractual or non-contractual) arising out of or in connection with these TOU, the Privacy Policy, the Additional Terms and/or your access and use of the Website.

10. INJUNCTIVE RELIEF

You acknowledge that the rights granted and obligations made hereunder to Inventum are of a unique and irreplaceable nature, the loss of which shall irreparably harm Inventum and which cannot be replaced by monetary damages alone so that Inventum shall be entitled to injunctive or other equitably relief (without the obligations of posting any bond or surety) in the event of any breach or anticipatory breach by you. You irrevocably waive all rights to seek injunctive or other equitable relief and agree to limit your claims to claims for money damages (if any).

11. VOID WHERE PROHIBITED

The information provided on the Website are not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Inventum to any registration requirement within such jurisdiction or country. Inventum makes no representation or warranty that any material on the Website is lawful in every jurisdiction from which such content can be accessed or is available for use in all jurisdictions. If you access or use a Website from a jurisdiction outside the State of California, you are responsible for compliance with all applicable local laws.

12. PRIVACY POLICY

Inventum is committed to respecting your privacy and the confidentiality of your personal data. The Privacy Policy sets out how Inventum may use your personal data, the traffic data and the content contained in your communication(s). If you object to your information being used in the way set out in the Privacy Policy, your sole remedy is to cease accessing and using the Website.

13. NOTICE　

In the event Inventum decides, in its sole and absolute discretion, to give notice to a user regarding the termination of the licenses granted herein, revisions to payment policies, or any Changes, it may do so via email, telephone call, posting in a Website or these TOU, or such other method of notice Inventum deems appropriate. Where Inventum decides to give such notice, any access or use of the Website after delivery of such notice constitutes acceptance by you of the noticed action.

14. MISCELLANEOUS

If any provision of these TOU, the Privacy Policy and/or Additional Terms (if applicable) is held to be invalid or unenforceable, that provision will be deemed severable to these TOU, the Privacy Policy and/or Additional Terms and shall not affect the validity and enforceability of any remaining provisions which will remain in full force and effect. The TOU, the Privacy Policy and Additional Terms (if applicable) constitute the entire agreement between the parties with respect to the subject matter hereof and supersedes and replaces all prior or contemporaneous understandings or agreements, written or oral, regarding such subject matter. Each party acknowledges that, in entering into these TOU it has not relied on, and (in the absence of fraud) shall have no right or remedy in respect of, any statement, representation, assurance or warranty (whether made negligently or innocently) other than as expressly set out in these TOU. Nothing in the foregoing sentence shall exclude or restrict the liability of you arising out of fraud or fraudulent misrepresentation. Any waiver of any provision of the TOU will be effective only if in writing and signed by Inventum. The failure of party to assert any right under these TOU shall not be considered a waiver of that party’s right will remain in full force and effect. The original English version of these TOU may have been translated into other languages. In the event of inconsistency or discrepancy between the English version and any other language version, the English language version shall prevail. You are not allowed to assign the TOU or any rights hereunder. Inventum is allowed at its sole discretion to assign the TOU or any rights hereunder to any third party, without giving prior notice to you.

15. COMPLAINTS, NOTICE AND CONTACT INFORMATION

Inventum takes claims of infringement of intellectual property rights, defamation and violation of rights of privacy or publicity very seriously. If you believe that any of the material that is or was on a Website infringes or has infringed any rights, including copyrights or trademarks, owned by you, or by an owner for which you are authorized to act, please contact us at legal@inventumventures.com. If you have any questions, complaints, or comments regarding these TOU, or have other questions or suggestions about our Website, please contact us via e-mail at legal@inventumventures.com.