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Membership Agreement

Square Buzz Membership Agreement This Membership Agreement (“Agreement”) is entered into by and between Square Buzz (“Square Buzz” or “we”) and the Member (“Member” or “you”). By registering and accepting this Agreement, you agree to comply with the terms and conditions set forth herein.

1. Registration and Start Date

To gain access to the Square Buzz Platform and engage with other Investors, the Member shall complete the registration process, including providing all required information, paying applicable Activation Fees or Membership Fees, and accepting this Agreement. The Membership shall commence upon successful completion of the Verification Process or, at the latest, on the day following the expiration of the Grace Period. If the Verification Process is unsuccessful, the Potential Member will not have access to the Service.

2. Activation Fee and Membership Fee

Activation Fees and Membership Fees, if applicable, shall be payable on the first day of Membership and at the commencement of each renewal term. The specific amounts and calculation methods for these fees are detailed in the Special Conditions.

3. Payments

The Activation Fee and the Membership Fee shall be remitted by the Member to Square Buzz in advance. Payment may be made via credit card or any other payment method facilitated by Square Buzz. In the event of a failed full Membership Fee charge due to restrictions imposed by the Member’s credit card provider or bank, Square Buzz reserves the right to split the Membership Fee into multiple charges for the Member’s convenience.

4. Membership Period

The Membership shall endure for a Membership Period, as specified in the Special Conditions. At the conclusion of each Membership Period, unless a termination request is submitted by the Member, the Membership shall automatically renew for an additional Membership Period.

5. Termination Process

Any Member may terminate their membership at any time at no cost. To initiate termination, the Member must access their personal account area and utilise the subscription cancellation option at least 24 hours before the Membership’s renewal date.

6. No Refunds Policy

Square Buzz will not refund any Activation Fee and/or Membership Fee if the Verification Process fails due to reasons attributable to the Member or if termination of the Membership is not requested within the specified timeframe. This policy applies to both Activation Period and Membership Period fees.

7. Grace Period

The Grace Period, as defined in the Special Conditions, allows for the completion of the Verification Process within 14 calendar days from the Member’s registration on the Platform. Square Buzz may, at its sole discretion, suspend a Membership if the Member or User no longer meets the Minimum Access Criteria. In such cases, the Member or User is required to promptly inform Square Buzz by emailing on info@square-buzz.com.

8. Force Majeure Clause

In the event of unforeseen circumstances or force majeure events that render either party unable to fulfill its obligations under this Agreement, the affected party shall promptly notify the other party and make commercially reasonable efforts to mitigate the impact. The affected party’s performance of its obligations shall be excused to the extent and for the duration that such performance is prevented or delayed due to force majeure events.

9. Minimum Acceptance Criteria (MEC)

Minimum Acceptance Criteria for Square Buzz Members:
Professional Role: Hold a leadership position or demonstrate significant influence in the investment, venture capital, private equity, or related sectors
Investment Activity: Actively engage in direct investments, fund commitments, or strategic investment activities.
Organisational Affiliation: Represent venture capital firms, private equity entities, investment companies, corporate venture capital, endowments, foundations, single-family offices, insurance companies, pension funds, sovereign wealth funds, and trusts with assets under management, market capitalisation, or book value above $100m..
Industry Experience: Possess substantial experience and expertise in private markets, demonstrating a deep understanding of investment strategies, and-or a desire to increase their knowledge and broaden their professional network.
Ethical Conduct: Demonstrate ethical business practices, aligning with Square Buzz’s commitment to integrity and professionalism.
No Third-Party Fundraising: Do not engage in third-party fundraising activities or collect fees for advisory/consulting services.
Commitment to Collaboration: Express a commitment to actively participate in the Square Buzz community, fostering collaboration and knowledge-sharing.
Diversity and Inclusion: Embrace and contribute to the diversity and inclusion initiatives within the network.
Adherence to Standards: Adhere to the standards of excellence set by Square Buzz, contributing to the overall positive reputation of the community.

* We are unable to accept individuals in roles related to Business Development, Investor Relations, Marketing, Consulting, Corporate or Fund Advisory, Wealth Advisory, and Community Platform management. We will consider the merits of each individual case.

10. Information Shared with Trusted Partner

By accepting this Agreement, you acknowledge and consent to Square Buzz sharing certain information, including Membership activity, with Trusted Partners who invited you to the Platform. Trusted Partners may collect, use, and process such information, including on a cross-border basis, in accordance with applicable law and regulation.

11. Breaches of the Agreement

As a User and Member, you must adhere to the terms of this Agreement. Square Buzz reserves the right to temporarily suspend or terminate your Membership if you breach any provisions herein. This Agreement constitutes the entire understanding between Square Buzz and the Member. Any modifications to this Agreement shall be effective only if made in writing and signed by both parties. This Agreement is governed by the laws of England and Wales.
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