COLLECTIVE FOUNDER TERMS AND CONDITIONS

This Vinetta Project Collective Agreement (the "Agreement"), when signed by the applicant and accepted by This Vinetta Project ("TVP"), constitutes a binding contract between The Vinetta Project and the individual or entity executing the signature page of this Agreement (the "Member"). Membership rights, privileges and obligations commence when Vinetta Project receives membership payment.

Introduction

This document outlines TVP membership policies and benefits. TVP reserves the right to update and/or amend the contents of this document at any time. This agreement represents a binding contract with TVP for annual membership. TVP will issue an invoice for payment upon receipt of a signed Membership Agreement. Membership becomes effective upon the date signed. Payment is due upon the effective date and must be paid within 30 days.

Membership Rights

Some rights and responsibilities vary across member category consistent with the expectations and benefits available to each member category and the fees administered for joining that member category. We reserve the right to be flexible with regards to each membership category’s rights and responsibilities.

Privacy Policy

TVP’s practice is to make its founder, market leader and sometimes funder member lists public, and as such, TVP reserves the right to publish the names of member companies in TVP and external communications, including publicizing new member Founders and market leaders via social media channels (e.g., Facebook, Twitter). Members, who wish to opt out of these disclosures, and/or make their memberships confidential, may do so by contacting memberservices@vinettaproject.com.

Confidentiality Policy

“Confidential Information” means any and all information and material disclosed by the Member to TVP or The Collective members (whether in writing, or in oral, graphic, electronic or any other form) that is marked or identified in writing as confidential or proprietary, or if disclosed orally or in other intangible form or in any form that is not so marked, that is identified as confidential at the time of such disclosure and summarized in writing and transmitted to TVP within thirty (30) days of such disclosure. [Confidential Information, includes, without limitation, any (a) [items set forth on Exhibit A and any other] trade or investment secret, know-how, idea, invention, process, technique, algorithm, program (whether in source code or object code form), hardware, device, design, schematic, drawing, formula, data, plan, strategy and forecast of, and (b) technical, engineering, manufacturing, product, marketing, servicing, financial, personnel and other information and materials of, Company, provided that all of the foregoing are marked or identified in writing as confidential or proprietary in accordance with the procedures set forth above.]

Confidential Information shall not include any information that (a) is or has become publicly known through no fault of TVP or its agents; (b) is received without restriction from a third party lawfully in possession of such information and lawfully empowered to disclose such information; (c) was rightfully in the possession of TVP without restriction prior to its disclosure by the Member; or (d) is developed by or on behalf of TVP entirely independent of TVP’s performance.

Except as set forth below, TVP shall hold all Confidential Information in confidence and shall not disclose any Confidential Information to any third party, other than to its employees, agents, or affiliates who need to know such information and who are bound by obligations of confidentiality with respect to such Confidential Information. TVP shall take the same degree of care that it uses to protect its own confidential and proprietary information of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure, publication or dissemination of the Confidential Information. Notwithstanding anything to the contrary herein, upon reasonable written notice to the Member, TVP may disclose Confidential Information in response to a valid order by a court or other governmental body or as otherwise required by law. 

Indemnification

Member agrees to hold TVP and the other Members harmless in the event of infringement, claims of infringement, loss of data, interoperability, and any other claims by waiving any rights of recovery for any costs or damages associated with your relationships and Agreement with The Collective;

Member agrees to indemnify TVP to the extent permitted by law for any losses and costs incurred by The Collective such as but not limited to legal fees, costs, and damage awards arising from infringement or other claims directly related to your activities in working with The Collective and Members.

In certain instances, TVP is acting as an investor relations consultant arranging meetings across the VINETTA network, and is not soliciting securities or earning any performance based compensation on the capital raise from clients mentioned in our correspondence. We encourage our investors to do full due diligence on any of the companies introduced by TVP.

Membership Dues

Founder:                    $5,000/ year for 2 years.  $3,000 due upon signing. Remaining $2,000 due the 1st of the following quarter.

Payment Terms

Membership dues must be paid in advance and in full and are non-refundable. Non-payment of membership dues constitutes a breach of contract and will result in immediate cancellation of membership.

You may either pay online or choose to receive an invoice via email for your annual dues, which will be payable upon receipt. Information for paying by ACH and wire transfer will be included with the invoice.

 

Renewals and Cancellations

All Members, regardless of their classification, share some rights and responsibilities in common, including agreeing to membership terms of no less than a two-year duration with a 90 day notice to cancel membership. Renewals will occur 1 year from the prior year’s start date. TVP does not refund Member Dues during the course of a member year.