AFFAIRS
SHADOWBOX LEGAL: GENERAL TERMS OF SERVICE
SHADOWBOX LEGAL: GENERAL TERMS & CONDITIONS (SBG CONSULTANCY-MANAGEMENT SERVICES) THESE GENERAL TERMS AND CONDITIONS (“TERMS”) APPLY TO ALL CONSULTANCY SERVICES THAT THE CONSULTANT WILL PROVIDE FOR OR ON BEHALF OF THE PRINCIPAL.
- SCOPE OF THE GENERAL TERMS & CONDITIONS
- SCOPE & REALIZATION OF THE SERVICE CONTRACT
- DUTY OF DISCLOSURE BY THE CLIENT
- INTELLECTUAL PROPERTY & COPYRIGHTS
- LIMITATION OF LIABILITY
- CONFIDENTIALITY & DATA PROTECTION
- FEES & PAYMENT
- GOVERNING LAW & JURISDICTION
- FORCE MAJEURE
- DEFINITIONS
- LETTER/AGREEMENT & TERMS
- RELATIONSHIP OF THE PARTIES
- EXECUTION OF THE AGREEMENT
- SUB-CONTRACTING
- CO-OPERATION OF THE PRINCIPAL
- LEGAL & COMPLIANCE
- PAYMENT & INVOICING
- CONFIDENTIALITY
- INTELLECTUAL PROPERTY RIGHTS
- DEFECTS
- LIABILITY & INSURANCE
- DURATION & TERMINATION
- MISCELLANEOUS
- ACCEPTANCE OF TERMS
- MODIFICATION OF TERMS OF USE
- ELIGIBILITY
- REPRESENTATIONS, WARRANTIES & RISKS
- LIMITATION ON LIABILITY
- LICENSES & ACCESS
- TERMINATION & SUSPENSION
- NO THIRD PARTY BENEFICIARIES
- NOTICE & PROCEDURE FOR MAKING CLAIMS OF COPYRIGHT INFRINGEMENT
- BINDING ARBITRATION & CLASS ACTION WAIVER
- GENERAL INFORMATION
- SOFTWARE LICENSE
- PRIVACY POLICY
- POLICY
- FILING DMCA COUNTER NOTIFICATION TO RESTORE REMOVED CONTENT:
- REPEAT INFRINGER POLICY
- LICENSING AGREEMENT (CONTENT, PRODUCT, MUSIC, LITERARY)
- CONTENT
- TERM
- MONETIZATION
- CREDIT
- REPRESENTATIONS & WARRANTIES; INDEMNIFICATION
- MISCELLANEOUS
- TERMS OF SERVICE (THE “AGREEMENT”)
- ENTIRE AGREEMENT
- FORM W-9
- FORM 1099-MISC
- FILING ELECTRONICALLY
- SEC.GOV/ICO NOTICE-INVESTOR BULLETIN: INITIAL COIN OFFERINGS – TOKEN SALE DEVELOPERS, BUSINESSES, AND INDIVIDUALS INCREASINGLY ARE USING INITIAL COIN OFFERINGS, ALSO CALLED ICOS OR TOKEN SALES, TO RAISE CAPITAL. THESE ACTIVITIES MAY PROVIDE FAIR AND LAWFUL INVESTMENT OPPORTUNITIES. HOWEVER, NEW TECHNOLOGIES AND FINANCIAL PRODUCTS, SUCH AS THOSE ASSOCIATED WITH ICOS, CAN BE USED IMPROPERLY TO ENTICE INVESTORS WITH THE PROMISE OF HIGH RETURNS IN A NEW INVESTMENT SPACE. THE SEC’S OFFICE OF INVESTOR EDUCATION AND ADVOCACY IS ISSUING THIS INVESTOR BULLETIN TO MAKE INVESTORS AWARE OF POTENTIAL RISKS OF PARTICIPATING IN ICOS. BACKGROUND – INITIAL COIN OFFERINGS VIRTUAL COINS OR TOKENS ARE CREATED AND DISSEMINATED USING DISTRIBUTED LEDGER OR BLOCKCHAIN TECHNOLOGY. RECENTLY PROMOTERS HAVE BEEN SELLING VIRTUAL COINS OR TOKENS IN ICOS. PURCHASERS MAY USE FIAT CURRENCY (E.G., U.S. DOLLARS) OR VIRTUAL CURRENCIES TO BUY THESE VIRTUAL COINS OR TOKENS. PROMOTERS MAY TELL PURCHASERS THAT THE CAPITAL RAISED FROM THE SALES WILL BE USED TO FUND DEVELOPMENT OF A DIGITAL PLATFORM, SOFTWARE, OR OTHER PROJECTS AND THAT THE VIRTUAL TOKENS OR COINS MAY BE USED TO ACCESS THE PLATFORM, USE THE SOFTWARE, OR OTHERWISE PARTICIPATE IN THE PROJECT. SOME PROMOTERS AND INITIAL SELLERS MAY LEAD BUYERS OF THE VIRTUAL COINS OR TOKENS TO EXPECT A RETURN ON THEIR INVESTMENT OR TO PARTICIPATE IN A SHARE OF THE RETURNS PROVIDED BY THE PROJECT. AFTER THEY ARE ISSUED, THE VIRTUAL COINS OR TOKENS MAY BE RESOLD TO OTHERS IN A SECONDARY MARKET ON VIRTUAL CURRENCY EXCHANGES OR OTHER
- WHAT IS A BLOCKCHAIN?
- WHAT IS A VIRTUAL CURRENCY OR VIRTUAL TOKEN OR COIN?
- WHAT IS A VIRTUAL CURRENCY EXCHANGE?
- WHO ISSUES VIRTUAL TOKENS OR COINS?
- ARE THERE ANY LIMITATIONS ON YOUR ABILITY TO RESELL THE COIN OR TOKEN? IF THE VIRTUAL TOKEN OR COIN IS A SECURITY, FEDERAL AND STATE SECURITIES LAWS REQUIRE INVESTMENT PROFESSIONALS AND THEIR FIRMS WHO OFFER, TRANSACT IN, OR ADVISE ON INVESTMENTS TO BE LICENSED OR REGISTERED. YOU CAN VISIT INVESTOR.GOV TO CHECK THE REGISTRATION STATUS