These terms and conditions (the "Terms") govern the use of the Karfu unlimited use reward (the "Reward") by investors in Karfu Limited (Company number: 12029292) (the "Company") via Crowdcube during March and April 2023 (the “Crowdcube First Round”). By investing in the Company during the Crowdcube First Round and accepting the Reward, you agree to be bound by these Terms.
The Reward is available to individuals who have made an investment in Karfu during the Crowdcube First Round (herein referred to as the "Holder"). Access to the Reward will be granted by the Company through the registration of an email address on the Company's website (https://www.karfu.com) (the “Website”) that matches the email used by the Holder for the investment on Crowdcube's website.
Utilisation of the Reward
Availability of the Reward is subject to the introduction on the Website of paid products or services by the Company. The Reward grants the Holder the entitlement to unrestricted usage of any paid products or services offered by the Company for five (5) years from the date of introduction on the Website of the relevant paid products or services, in accordance with these Terms. Any other non-payment related terms relating to the use of such paid products or services (“Product Terms”) (if applicable) shall continue to apply notwithstanding these Terms and the Holder’s use of such paid products or services shall at all times be governed by such Product Terms. The Reward is non-transferable and is only valid for personal, non-commercial usage by the Holder. Unrestricted usage does not apply to any third-party products or services that the Company may recommend through written, audio, visual content or comparison services available on the Website.
The Reward will expire, unless otherwise terminated earlier in accordance with these Terms, at the earlier of the following events: (i) five (5) years from the date of introduction on the Website of the relevant paid products or services, or (ii) termination of the Holder's investment in the Company.
Limitation of Liability
Nothing in these Terms excludes or limits the Company’s liability for (i) death or personal injury caused by the Company’s negligence, (ii) fraudulent misrepresentation or (iii) any other loss or damage for which liability cannot be limited or excluded by law. Subject to the above and Clause 9, the Company’s maximum aggregate liability arising out of or in connection with the products or services provided by the Company and the Holder’s use of the Reward shall not exceed in aggregate 100% of all sums payable (had the Reward not been provided) for the paid products or services used by the Holder in the twelve (12) month period prior to the date upon which the event giving rise to the liability first occurred. If the Company puts in place Product Terms and those Product Terms contain any liability provision which conflicts with the foregoing, then the Product Terms shall take precedence with respect to such liability provision only.
These Terms shall be governed by and construed in accordance with the laws of England and Wales. Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of England and Wales.
Changes to Terms
The Company reserves the right to alter the Terms at any time to reflect changes in relevant laws and regulatory requirements and to make minor technical adjustments and improvements. The Holder's continued use of the Reward after any such modifications to the Terms is deemed as acceptance of the new terms. The Company further reserves the right to alter the Terms in relation to any other matters, including the Reward itself. The Company will notify the Holder (by email to the email address provided by the Holder for investment on Crowdcube’s website) prior to any such modifications and the Holder may then elect to end their use of the Reward before any such changes take effect.
The Reward, and all intellectual property rights, including but not limited to trade marks, trade names and copyrights in any products and services provided by the Company, are and shall remain the sole and exclusive property of the Company. The Holder shall not use or reproduce any such intellectual property without the prior written consent of the Company.
Disclaimer of Warranties
THE REWARD, PRODUCTS AND SERVICES PROVIDED BY THE COMPANY ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTY THAT THE REWARD, PRODUCTS OR SERVICES WILL MEET THE HOLDER'S REQUIREMENTS, OR THAT THE REWARD, PRODUCTS OR SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE.
The Company may terminate the Holder's use of and access to the Reward in accordance with Clause 4 or at any time if, without prejudice to any other remedies it may have, the Holder has breached these Terms and/or any Product Terms.
If any provision of these Terms is held to be invalid or unenforceable, such provision shall be struck, and the remaining provisions shall be enforced.
The failure of the Company to enforce any right or provision in these Terms shall not constitute a waiver of such right or provision unless acknowledged and agreed to by the Company in writing.
If the Holder has any questions about these Terms or the Reward, please contact the Company at the contact information provided on the Website
These Terms contain the entire agreement and understanding of the Company and the Holder with respect to the Reward and supersede all prior agreements, understandings or arrangements.