Terms

In effect as of April 29th 2020, updated April 24th 2020

Terms of Service

Terms and Conditions for use of +impact

Welcome to +impact platform (the “Platform”). The Platform is owned by Danske Bank A/S (“Danske Bank”) and maintained by Rainmaking ("Rainmaking”). This Platform is completely separate from Danske Bank´s activities as a provider of banking services. Activities on the Platform, are therefore in no way an indication that a customer relationship with Danske Bank is initiated. By accessing, browsing or using this Platform, you acknowledge that you have read, understood and agree to be bound by these Terms of Service (the “Terms”). If you do not agree to these Terms, you should not use or access this Platform. +impact reserves the right to revise these Terms at any time by updating this posting. You are encouraged to review these Terms frequently because your use of the Platform after the posting of changes will constitute your acceptance of the changes. We grant you a personal, limited, non-transferable non-exclusive, license to access and use the Platform. We reserve the right, in our sole discretion and without notice to you, to revise the “Services” available on the Platform. We also reserve the right to change, suspend or discontinue any aspect of the Platform and we will not be liable to you or to any third party for doing so. We may also impose rules for and limits on use of the Platform or restrict your access to part, or all, of the Platform without notice or penalty if you in our opinion in any way misuse the Platform or if we change the focus of the platform. Your continued use of the Platform will constitute your acceptance of any such changes.

SPECIFIC TERMS APPLICABLE FOR THE SERVICES OFFERED ON THE PLATFORM

For the time being +impact offers the below Services on the Platform:

Connecting impact startups with investors and funding opportunities

Terms for investors

The Platform offers an online service that connects investors wishing to invest time, money and/or resources in startups. As a prospective investor, you have an opportunity to browse startups that match your criteria. Your use of the Platform is free, and interacting through the Platform does not create any contractual obligations between you and the startup as a prospective investor. The Platform only acts as a tool for startups and prospective investors to explore potential collaborations without obligations. When you use the Platform, we will require you to provide us information such as your name, phone number and email address. We will also require information from your LinkedIn profile. Please note that importing information from your LinkedIn profile does not represent any affiliation between +impact/Danske Bank and LinkedIn. The Platform does not store your login username and password from LinkedIn or from any other third-party services. It only stores the information you enter into your application on the Platform; name, e-mail address, phone number and url-link to your LinkedIn profile. You may have the ability to import your data from other third-party entities into the Platform, and through your use of the Platform, you confirm that you voluntarily provide your information to the Platform by your own free choice. Please note that each third-party web-Platform linked from the Platform has its own terms and conditions which will apply to you and are separate from these Terms. +impact/Danske Bank will not share any of this information with any other third-party without your express consent or request.

If you want more information on how we register and use you data, please refer to our Privacy Notice.

Terms for startups

As a startup, the Platform gives you the opportunity to profile your business and purpose and find investors matching your preferences. Your use of the Platform is free, and interacting through the Platform does not create any contractual obligations between you and the prospective investor. The Platform only acts as a tool for startups and prospective investors to explore potential collaborations without obligations. If you store information about prospective investors, you are responsible to handle it in line with the applicable laws.

The Platform only provides you with information provided by the prospective investors, including reference to the prospective investors’ LinkedIn profiles.

YOU UNDERSTAND THAT THE PLATFORM INQUIRE INTO THE BACKGROUNDS OF ITS USERS OR ATTEMPT TO VERIFY THE STATEMENTS OF ITS USERS BY RANDOM CHECKS (ALTHOUGH IT RESERVES THE RIGHT AT ANY TIME TO CONDUCT SUCH BACKGROUND CHECKS OR OTHER SCREENINGS AS IT MAY DEEM APPROPRIATE), AND THAT CONSEQUENTLY YOU ARE RESPONSIBLE FOR (1) CONDUCTING ANY BACKGROUND CHECKS, REFERENCE CHECKS, SIGNING CONFIDENTIALITY AGREEMENTS OR ANY OTHER DUE DILIGENCE STEPS THAT YOU MAY REQUIRE BEFORE ACCEPTING COLLABORATION WITH A PROSPECTIVE INVESTOR.

Confidentiality and insider regulation

Information you as an investor or startup receive about the other party, respectively, as a result of use of the Services provided under the Platform shall be kept confidential and shall not be disclosed to third parties with the prior written consent of the other party.

The investor shall comply with all legislation with regard to insider. The investor shall not use inside information in relation to any personal transactions relating to a startup (e.g. purchase or sale of stocks or securities) and not otherwise be involved in activities that may give rise to a conflict of interest with those of a startup being invested in.

GENERAL TERMS FOR USE OF THE PLATFORM

You are responsible for your own communications, including the transmission, uploading or posting of information and you are responsible for the consequences of such communications on the Platform. We require all users to agree not to use the Platform, and specifically prohibit any use of the Platform, for any of the following purposes:

  • Posting, communicating or transmitting any material that infringes any intellectual property, publicity or privacy right of another person or entity
  • Posting any information which is untrue, inaccurate or information that Danske Bank finds inappropriate relating to other legal or physical persons

You are responsible for maintaining the confidentiality of your account and password. You agree to accept responsibility for all activities that occur under your account or password. You agree to notify us promptly in the event of any unauthorized use of your account or other breach of security.

Registration

Registration for use of a Service on the Platform is required. You agree that you shall not have more than one personal account but you can be a user of multiple profiles. You agree not to create an account or use the Platform if +impact has closed your account previously, or if we have previously expelled you from the Platform or Services. When you register, you agree to (1) provide true, accurate, current, and complete information about yourself as prompted by the Services’ registration form (“Registration Data”), and (2) maintain and promptly update the registration data to keep it true, accurate, current and complete. We reserve the right, in our sole discretion, to accept or reject your registration to use our Platform. If your registration is accepted, you may use the Platform. If you provide any content that is untrue, inaccurate, not current, or incomplete, or +impact has reasonable grounds to suspect that such content is untrue, inaccurate, not current or incomplete, +impact has the right to suspend or terminate your account and refuse any and all current or future use of the Platform. You agree not to create an account using a false identity or information, or on behalf of someone other than yourself.

Registration is free. When registering, we may ask you for additional information related to your startup and the types of prospective investors you are looking for. We will review the information that you provided to us during the registration process and any other information that is publicly available. We reserve the right, in our sole discretion, to accept or reject your registration to use our Platform. If your registration is accepted, you may engage with prospective investors that have expressed an interest in your startup or challenges on the Platform. It is your responsibility to abide by all applicable laws when using the Platform, including data protection regulation. We reserve the right to reject or terminate your registration if your business does not live up to internationally recognized norms and standards for human rights, arms, working conditions, the environment and anti-corruption.

Use of data

Danske Bank is responsible for processing the personal data you provide in connection with your use of the Platform. The Platform has no connection with Danske Bank's other platforms. +impact/Danske Bank will not disclose your information to others without your explicit consent. When you create a user profile on the Platform, +impact/Danske Bank will request a variety of information from you, including your name, email address and address. +impact/Danske Bank uses this information to make the Services available to you. +impact/Danske Bank also uses the information for administrative purposes and to improve the Services +impact/Danske Bank now has and will provide in the future. Finally, +impact/Danske Bank may use your data for statistical purposes.

If you want more information on how we register and use you data, please refer to our Privacy Notice.

Additional Terms and Conditions

You agree that additional terms and conditions may apply to specific Services, or your use of certain sections of the Platform (“Additional Terms”), which Additional Terms form part of these Terms by reference. If there is a conflict between these Terms and the Additional Terms, the Additional Terms shall prevail.

Limitations on Access

Excluding any contents submitted by users from time to time, we strive to ensure that the information on the Platform is complete and reliable. Certain information may contain errors, including typographical errors and other errors or inaccuracies, which we may correct without liability. We also reserve the right to limit access to sections of the Platform for users and to revise, suspend, or terminate an event or promotion at any time without notice. We do not guarantee that all Services described on our Platform will be available.

Proprietary Rights

Danske Bank and its licensors reserve all rights to ownership, copyright, trademarks and all other intellectual property rights relating to the Platform and to Services mentioned or on the Platform, except as specifically set out in these Terms.

As a user of this Platform, you may view and print the contents mentioned above for personal, non-commercial use only. You may not otherwise copy, save or otherwise reproduce, adapt, modify, transfer, assign, use or exploit the contents or parts thereof without our prior written consent.

+impact/Danske Bank does not claim ownership of any materials you make available through the Platform. With respect to any materials you submit or make available for inclusion on the Platform, you grant +impact/Danske Bank a perpetual, irrevocable, non-terminable, worldwide, royalty-free and non-exclusive license to use, copy, distribute, publicly display, modify and create derivative works of such materials or any part of such materials for use on and in connection with the Platform in the Nordic countries. You hereby represent that you hold good and proper rights to any materials (including, but not limited to, text, images, music or video) which you provide to the Platform. You further represent that any materials you provide will not contain libelous or otherwise unlawful, abusive or obscene material. +impact/Danske Bank will be entitled to use any content submitted by you without incurring obligations of confidentiality, attribution or compensation to you.

Disclaimers

You assume all responsibility and risk with respect to your use of the Platform.

THE PLATFORM, AND ALL CONTENTS, AND OTHER INFORMATION ON OR ACCESSIBLE FROM OR THROUGH THIS PLATFORM OR A “LINKED” PLATFORM ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, SECURITY OR ACCURACY. SPECIFICALLY, BUT WITHOUT LIMITATION, +IMPACT/DANSKE BANK DOES NOT WARRANT THAT: (1) THE INFORMATION ON THIS PLATFORM IS CORRECT, ACCURATE OR RELIABLE; (2) THE FUNCTIONS CONTAINED ON THIS PLATFORM WILL BE UNINTERRUPTED OR ERROR-FREE; OR (3) DEFECTS WILL BE CORRECTED, OR THAT THIS PLATFORM OR THE SERVER THAT MAKES IT AVAILABLE IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

+impact/Danske Bank makes no warranties of any kind regarding any non-+impact platforms to which you may be directed or hyperlinked from this Platform. Hyperlinks are included solely for your convenience, and +impact makes no representations or warranties with regard to the accuracy, availability, suitability or safety of information provided in such non +impact platforms. +impact does not endorse, warrant or guarantee any Services offered or provided by or on behalf of third parties on the Platform.

Indemnification

You agree to indemnify, hold harmless, and defend +impact/Danske Bank, their parents, subsidiaries, divisions, and affiliates, and their respective officers, directors, employees, agents and affiliates from any and all claims, liabilities, damages, costs and expenses of defence,including attorneys’ fees, in any way arising from or related to your use of the Platform, your violation of these Terms or the Privacy Policy, content posted to the Platform by you, or your violation of any law or the rights of a third party.

Limitation of Liability

IN NO EVENT SHALL +IMPACT/DANSKE BANK, THEIR AFFILIATES OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SUCCESSORS, SUBSIDIARIES, SUPPLIERS, AFFILIATES, OR THIRD PARTIES PROVIDING INFORMATION ON THIS PLATFORM BE LIABLE TO ANY USER OF THE PLATFORM OR ANY OTHER PERSON OR ENTITY FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, CONSEQUENTIAL OR EXEMPLARY DAMAGES (INCLUDING, BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, LOSS OF DATA, OR LOSS OF USE) ARISING OUT OF THE USE OR INABILITY TO USE THE PLATFORM, WHETHER BASED UPON WARRANTY, CONTRACT, TORT, OR OTHERWISE, EVEN IF +IMPACT/DANSKE BANK HAS BEEN ADVISED OF OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES. IN NO EVENT SHALL THE TOTAL LIABILITY OF +IMPACT/DANSKE BANK, THEIR AFFILIATES OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SUCCESSORS, SUBSIDIARIES, SUPPLIERS, AFFILIATES OR THIRD PARTIES PROVIDING INFORMATION ON THIS PLATFORM TO YOU FOR ALL DAMAGES, LOSSES, AND CAUSES OF ACTION RESULTING FROM YOUR USE OF THIS PLATFORM, WHETHER IN CONTRACT, TORT (INCLUDING, BUT NOT LIMITED TO, NEGLIGENCE) OR OTHERWISE, EXCEED THE AMOUNT YOU PAID TO +IMPACT IN CONNECTION WITH THE EVENT GIVING RISE TO SUCH LIABILITY.

You hereby acknowledge that the preceding paragraph shall apply to all content, merchandise and Services made available through the Platform.

International Use

The Platform is controlled and operated from Denmark. We make no representation that materials on the Platform are appropriate or available for use outside of Denmark, Sweden, Norway or Finland. If you choose to access this Platform from outside Denmark, Sweden, Norway and Finland you do so at your own initiative and are responsible for compliance with local laws, if and to the extent local laws are applicable.

Third Party applications

Within the Platform, there may be links to third party web-platforms, services, or other activities that are not controlled or owned by +impact/Danske Bank. Links to third party Platforms are included as a convenience to users.

Intellectual Property Rights Infringements; Notice and Take Down Procedures

The Platform specifically prohibits the posting of any content that violates or infringes the copyright rights and/or other intellectual property rights (including rights of privacy and publicity) of any person or entity. If you believe that any material contained on this Platform infringes your copyright or other intellectual property rights, you should notify us of your copyright infringement claim. Notifications of claimed copyright infringement should be sent to the following address:

Rainmaking Loft

Att.: +impact

Danneskiold Samsøes Allé 41

1434 Copenhagen K

To contact us with any questions or concerns in connection with these Terms or the Platform, or to provide any notice under these Terms, please contact us at info@plusimpact.io.

Platform Security

Although we believe the Platform to be free from viruses, malware and other errors that might affect your IT systems, you access and use the Platform at your own risk. +impact assumes no responsibility for any loss or damage arising from the use of the Platform. Furthermore, the +impact accepts no responsibility for the availability of the Platform.

Neither the Danske Bank Group nor any of its officers and employees accept any liability for any damage or direct, indirect or consequential loss arising from the availability or use of the Platform, including any harm or defect caused to your computer as a result of accessing and using the IT systems that makes the Platform available.

Choice of Law and Jurisdiction

Danish law shall govern these terms, except when any mandatory principles provide for the application of the law of another jurisdiction. Any disputes that may occur shall be settled in Danish courts except when any mandatory principles provide for the application of the jurisdiction of another county’s courts.