Forretningsbetingelser/Terms

1. Introduction

1.1 CVX Ventures ApS (hereinafter “CVX”) is a company registered in Denmark at Sølvgade 10, 1307 Copenhagen K, Denmark with registered company no. 41287772.

1.2 The following terms and conditions apply to anyone attending or intending to attend any CVX event and partnership, from the date of publishing until these terms are superseded by a new version. CVX may update these terms at any time for legal or regulatory reasons, or to reflect changes in CVX services or business practices.

2. Partnership and Renewal

2.1 Partnership in CVX includes access to our (1) Partner Meetings where investment and board (formal board and/or advisory board) opportunities are presented online and offline, (2) Workshops and Masterclasses regarding investments and board work, and (3) Network events with other Partners and growth companies, over a one year period. Some Partnerships may include other services such as access to conferences.

2.2 To become a Partner in CVX, you must be approved by our Partner Relations Team. Once approved, and your application has been submitted, the partnership is being agreed upon by both the Partner Relations Team and the Partner him-/herself.

2.3 The Partnership is initiated either through (1) written or verbal consent given by the Partner, (2) attending any event hosted by CVX, or (3) entering into an investment or board facilitated by CVX unless anything else has been agreed upon.

2.4 When initiated, the Partner will receive a confirmation email after approval. CVX reserves the right to cancel any Partnership in the event of incorrect or incomplete payment or any other irregularities.

2.5. CVX treats the Partner as an agent of her/his organisation and as a result considers the agreement to be between CVX and the organisation of the Partner, meaning the organisation will be considered contractually liable for any Partnership fees.

2.6 Partnerships are renewed automatically every 12 months. The invoice for the coming year will be sent to the Partner’s organisation prior to the Partnership end date, and if the Partner does not wish to continue, he/she should simply contact CVX at info@cvx.vc latest 30 days before the Partnership end date. If the Partner (or the Partner’s organisation) does not contact CVX the latest 30 days before the Partnership end date, the Partnership will be extended for another year automatically.   

3. Investments

3.1 A Partner in CVX will receive various investment opportunities in small and growth companies during his/her Partnership. CVX will assist in the whole investment process end-to-end (from first meeting to signing). The Partner will not pay CVX anything for the services provided during their Partnership unless anything else is agreed between CVX and the Partner.

3.2 The Partner will hold their own potential costs for entering in investments (such as lawyer/auditing costs).

4. Board and Advisory Boards

4.1 A Partner in CVX will receive various opportunities to enter boards and advisory boards in small and growth companies during his/her Partnership. CVX will assist in the whole process end-to-end (from first meeting to entering an agreement). The Partner will not pay CVX anything for the services provided during their Partnership unless anything else is agreed between CVX and the Partner.

4.2 The Partner will hold their own potential costs for entering in board opportunities (such as lawyer/auditing costs).

4.3 All opportunities to enter in board and advisory boards are – as a starting point – not volunteering (meaning all opportunities presented are honoured). This means that the Partner will be paid in either fees, warrants or equity directly from the growth company. CVX will not act as a middle-man, and all payments will be made between the Partner and the Company that enter an agreement.

5. Payment Terms

5.1 Our payment terms are 10 working days (unless otherwise agreed and detailed in the supplied sales confirmation).

5.2 In the event of overdue payments, we reserve the right to hold the individual responsible for securing the payment from its current or prior employer or alternatively be personally liable for the payment.

6. Refund, cancellation and termination

6.1 All sales are final upon agreement and no refunds will be provided.

6.2 Should you wish to terminate your Partnership, this can be done by sending an e-mail with your request to info@cvx.vc – refunds will not be provided.

7. Changes to events

7.1 For reasons beyond CVX’s control, it may be required that we cancel or alter an event’s advertised format, content, location and/or timing. CVX reserves the right to this at any time. In cases where CVX cancels an event or changes the date or location of the event, CVX will inform all confirmed delegates in due time.

7.2 CVX is not liable for any travel, accommodation and/or other costs or expenses incurred by the delegates if CVX, or any of our partners, as hosts, are required to relocate, cancel, postpone or alter the event in any other way.

8. Content and confidentiality

8.1 Any content such as company presentations, documentation, and materials is at all times owned by CVX or is included with the permission of the owner of the rights. No filming, recording, photographing or republication, broadcast or other dissemination of the content is permitted. Furthermore, it is not allowed to at any time reproduce, modify, distribute, store, transfer or in any other way use any of the content, this includes upload of any content into any shared system, database or website as well as transmitting, re-circulating or otherwise making content available to anyone else.

8.2 To the extent that any content is made available by CVX online, CVX reserves the right to suspend or remove access to such content at any time.

8.3 The Partner at all times acknowledge that CVX will be entitled to record, film or photograph any event and agree to waive any rights arising under the laws of any jurisdiction. The Partner grants us an irrevocable, worldwide, royalty-free license to make such use of their name, voice, biography and likeness in any media and any recording, filming or photography of the event as reasonably required in connection with the exploitation, advertising, and promotion of the event and CVX.

8.4 The Partner agrees not to use or disclose to any person, either during or at any time after their Partnership or event participation, any confidential information that the Partner learns about the Company or its business, other Partners or vendors that it learns in connecting with participation in CVX’s events and/or network.

9. Privacy policy

9.1 Please see www.cvx.vc/privacy-policy/ for our privacy policy.

10. Email Marketing

10.1 Once the Partnership is agreed, the Partner opts in to CVX’s e-mail list, providing them with relevant marketing material, such as newsletters, promotions and offers by CVX or any of CVX’s trusted partners.

10.2 Any current or past Partner has the right to opt-out of any email marketing provided by CVX.

10.3 CVX cannot be held responsible for any marketing material sent by current or past partners.

11. Other

11.1 CVX is not responsible for any loss or damage to any person or any personal property directly or indirectly resulting from any of CVX’s activities or events.

11.2 If these terms are violated, we reserve the right to seek compensation for any damages resulting from the violation, including a resulting reduction in the value of our company, offerings or the reputation of CVX as well as any claims that CVX will be held liable to as a result of the violations from any of our current or former Partners, vendors or event participants or other parties as a consequence of the violations of the terms.

11.3 These Terms and Conditions and the rights and obligations of both parties shall be governed by and construed in accordance with the laws of Denmark and both parties irrevocably agree to submit to the exclusive jurisdiction of the courts of Denmark in respect of any dispute which arises hereunder.