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Terms of Use

Website and Software as a Service
Updated August 2023

Welcome to the SponsorNetwork website, hosted by SponsorCloud, LLC and operated by Mighty Software, Inc. dba Mighty Networks (“Mighty Networks”). This Terms of Use Agreement (the “Agreement” or “Terms of Use”) describes the terms and conditions applicable to your SponsorNetwork Account and pertaining to any content provided, accessed, or distributed through your use of the website found at https://members.sponsornetwork.io/ (the “Site”).  In this Agreement, we refer to SyndicationPro, LLC and their agents, subsidiaries, affiliates, officers, employees, and partners as “Host” or “SponsorNetwork” or “us” or “we;” and we refer to you as “Sponsor” or “you”, including your agents and affiliates if any, and any other person accessing your SponsorNetwork Account. The Host and Sponsor are referred to in this Agreement individual as a “Party” and collectively as the “Parties.”  For all other terms and conditions for your use of the Site, please see Mighty Network’s terms of use as the operator of this Site.

By accessing or using in any manner the Site and any services or features available to you through your SponsorNetwork Account, you hereby agree and acknowledge that you have read and agree to be bound by these Terms of Use.  Please also consult our Privacy Policy, a description of our privacy practices and policies, including how we collect and handle your personal information.  The terms of the Privacy Policy are incorporated within the terms of this Agreement.  If you do not agree to be bound by these terms, you are not authorized to access or use this Site and/or your SponsorNetwork Account.

We reserve all rights to change these Terms of Use.  Please check these Terms of Use periodically for changes and read them carefully.  Your continued use of our Site and your SponsorNetwork Account following the posting of changes to these Terms of Use will mean you accept those changes.

  1. Host

The Host will approve or deny all Sponsor’s membership requests to create a SponsorNetwork Account.  A Sponsor is determined by the Host to be an individual or business entity who raises capital from one or more investors in an industry, in order to execute a business plan.  The Host has the right to terminate a SponsorNetwork Account at any time for any reason as described in Section 6 below.  In approving a SponsorNetwork Account, Host grants you a limited license to access the Site subject to the terms and conditions set forth in this Agreement and the Terms of Use set forth by the operator, Mighty Networks.

  1. Your SponsorNetwork Account

The SponsorNetwork Account is a private account that is granted by invitation or approval of a membership request by the Host.  Only the Host and other SponsorNetwork Account members have access to the Site.  In order to access the features of the Site, you are required to register an account (a “SponsorNetwork Account”).  When creating, registering for, or updating a SponsorNetwork Account, you are required to provide us with certain personal information, including your name and e-mail address.  This information will be held and used in accordance with our Privacy Policy. If you provide any information that is untrue, inaccurate, not current, or incomplete, or Host has reasonable grounds to suspect that such information is untrue, inaccurate, not current, or incomplete, Host has the right to suspend or terminate your account and refuse any and all current or future use of the Site (or any portion thereof).  You are responsible for maintaining the confidentiality of the password and you are fully responsible for all activities that occur under your account.  You agree to immediately notify Host of any unauthorized use of your password or SponsorNetwork Account or any other breach of security.

  1. Your Use of the Site and Your SponsorNetwork Account

When you use the Site and Your SponsorNetwork Account, you represent and agree to the following:

  • You are at least eighteen (18) years old or the age of majority in your jurisdiction;
  • You have the authority and capacity to enter into and be bound by this Agreement;
  • You will not use the Site in a way that violates any state, federal, or international laws, rules, or regulations, including but not limited to any laws governing the sale, solicitation for sale, registration of, and/or trading of, securities and/or any U.S. Securities and Exchange Commission (“SEC”) rules and regulations, it being fully understood and agreed by You that You are solely responsible and liable for knowing and complying with all such laws that apply to the use of the Site and Your SponsorNetwork Account;
  • You will not use the Site to communicate expressions of hatred, bigotry, racism, obscenity, pornography or other objectionable speech;
  • You will not upload or use the Site that you do not have the legal right to use, or that otherwise violates another person's intellectual property rights;
  • You will not upload or use the Site with material that is explicit, harassing, abusive, threatening, obscene, pornographic, defamatory, or libelous;
  • You will not upload or use the Site to share viruses, spyware, or any other computer code, files or programs designed to interrupt, destroy, affect, hinder or limit the functionality of the Site or any other operations of SponsorNetwork;
  • You will use the Site and Your SponsorNetwork Account only for personal, non-commercial purposes;
  • You will not interfere with, disrupt or circumvent any security feature of the Site or any feature that restricts or implements limitations on the use of or access to the Site;
  • You will not attempt to get password, account information or other private or personal information from another user or from the Host; and
  • You will not upload content that you do not have rights to use or that infringe the copyrights, trademarks or other intellectual property rights of the Host, Mighty Network, or any third party.

You acknowledge that the Host may or may not pre-screen content in the Site provided by other users or third-parties. You agree that you must evaluate, and bear all risks associated with any content, including the accuracy, completeness, or usefulness of such content, and including whether you find such content to be bigoted, racist, obscene, pornographic, or otherwise objectionable.

You may report content that you believe to be objectionable to the Host.  The Host, in its sole discretion, will determine whether to remove such content from the Site.  In the event the Host decides not to remove such reported content, your only remedies are either to avoid accessing such content, avoid accessing content from providers of such content, or to terminate your use of the Site.

  1. Confidentiality of Content

You agree and acknowledge that any information or content that you post to the Site (“User Generated Content”) is not confidential and that the Host does not provide any confidentiality agreement to any Sponsor.  Any and all Sponsors with SponsorNetwork Accounts have access to such User Generated Content and are under no obligation to keep such information confidential.  

  1. Sponsor Liability

Sponsor acknowledges that Sponsor is solely responsible and liable for all use of the Site, directly or indirectly, whether such access or use is permitted by or in violation of this Agreement. Without limiting the generality of the foregoing, Sponsor is responsible for compliance with all securities laws, rules, and regulations regarding their behavior and Content posted on the Site.  Sponsor is further solely responsible for compliance with all applicable laws relating to Sponsor’s use of the Site.

  1. Data

The Host may collect information regarding your account details and your usage of the Site from the Mighty Networks dashboard.  To understand more about how your information is collected and what information is collected by Mighty Networks, see Mighty Networks privacy policy.  All information that is collected by the Host is treated according to SponsorNetwork’s Privacy Policy.  The Host does not collect any other information outside of what is provided by Mighty Networks dashboard.  More information on the use of your data and our practices can be found in our Privacy Policy available at www.sponsornetwork.io/privacy-policy.

  1. Termination

You may terminate this Agreement by closing your SponsorNetwork Account at any time for any reason. In such an event, the Host shall have no further obligation or liability to you under this Agreement or otherwise, and you shall be entitled to no compensation or other payment, remedy, or recourse.

You agree that the Host may, without prior notice, immediately terminate, cancel, or suspend your SponsorNetwork Account.  Cause for such termination, cancelation, or suspension shall include, but not be limited to, (i) breach or violations of this Agreement or other incorporated agreements, (ii) requests by law enforcement or other government agencies, (iii) discontinuance or material modification to the Site (or any part thereof), (iv) unexpected technical or security issues or problems, (v) extended periods of inactivity as determined in the Host’s sole discretion, and/or (vi) engagement by you in fraudulent or illegal activities.   Further, you agree that all terminations, cancelations, and suspensions for cause shall be made in the Host’s sole discretion and that the Host shall not be liable to you or any third party for any termination of your account or access to the Site.  

  1. Modifications to the Site

The Host reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Site (or any part thereof) with or without notice. The Host makes no representations with respect to the availability of the Site at any particular time. You agree that the Host shall not be liable to you or to any third party for any modification, suspension, unavailability, or discontinuance of the Site (or any part thereof).

  1. Indemnity

You agree to defend, indemnify and hold harmless SponsorNetwork and its subsidiaries, affiliates, officers, agents, employees, partners and licensors from all costs, liabilities, and damages SponsorNetwork incurs, including without limitation its reasonable attorneys’ fees, with respect to all claims, demands, proceedings, and actions of any kind whatsoever, made or brought by any third party due to or arising out of your use or misuse of the Site or your SponsorNetwork Account, your connection to the Site, your violation of any term of this Agreement, your violation of any rights of another, or your violation of any laws, rules, or regulations, including without limitation, those related to and/or governing the offering, sale, or registration of securities.

  1. Disclaimer of Warranties

THE SITE IS PROVIDED AND OPERATED BY MIGHTY NETWORKS. SPONSORNETWORK HEREBY DISCLAIMS ALL WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT; AVAILABILITY OF THE SITE; LACK OF VIRUSES, WORMS, TROJAN HORSES, OR OTHER CODE THAT MANIFESTS CONTAMINATING OR DESTRUCTIVE PROPERTIES; ACCURACY, COMPLETENESS, RELIABILITY, TIMELINESS, CURRENCY, OR USEFULNESS OF ANY INFORMATION THROUGH THE SITE—INCLUDING BUT NOT LIMITED TO ANY TYPOGRAPHICAL ERRORS; AND ANY DUTIES OF REASONABLE CARE, WORKMANLIKE EFFORT OR LACK OF NEGLIGENCE IN CONNECTION WITH THE SITE, CONTENT AND MATERIALS ON THE APPLICATION AND/OR SITE. THE ENTIRE RISK AS TO SATISFACTORY QUALITY, PERFORMANCE, ACCURACY AND EFFORT IN CONNECTION WITH THE SITE, CONTENT, MATERIALS AND APPLICATIONS IS BORNE BY YOU. SPONSORNETWORK SHALL NOT BE RESPONSIBLE FOR ANY LOSS OF DATA OR OTHER MATERIAL. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF OR LIMITATIONS ON IMPLIED WARRANTIES, SO THE ABOVE EXCLUSIONS AND LIMITATIONS MAY NOT APPLY TO YOU.

  1. Limitation of Liability

YOU EXPRESSLY UNDERSTAND AND AGREE THAT SPONSORNETWORK AND ITS SUBSIDIARIES, AFFILIATES, OFFICERS, EMPLOYEES, AGENTS, PARTNERS AND LICENSORS SHALL NOT BE LIABLE TO YOU AND/OR ANY OTHER PERSON FOR ANY PUNITIVE, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, INCLUDING, BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA OR OTHER INTANGIBLE LOSSES (EVEN IF SPONSORNETWORK HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), THAT ARISE OUT OF OR ARE RELATED TO THE SITE, ITS CONTENTS, OR TO ANY BREACH OF THIS AGREEMENT, EVEN IN THE EVENT OF FAULT, TORT (INCLUDING NEGLIGENCE) OR STRICT OR PRODUCT LIABILITY.  YOU FURTHER SPECIFICALLY ACKNOWLEDGE THAT SPONSORNETWORK IS NOT LIABLE, AND YOU AGREE NOT TO SEEK TO HOLD SPONSORNETWORK LIABLE, FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER USERS OF THE SITE AND OPERATORS OF EXTERNAL SITES/APPLICATIONS AND SERVICES.  TO THE FULLEST EXTENT ALLOWED BY LAW, YOU AGREE THAT YOUR SOLE AND EXCLUSIVE REMEDY FOR ANY DISPUTE WITH SPONSORNETWORK IS TO STOP USING THE SITE AND TO CANCEL YOUR ACCOUNT. YOU HEREBY RELEASE US AND OUR AFFILIATES FROM ANY AND ALL OBLIGATIONS, LIABILITIES AND CLAIMS. SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATIONS OR EXCLUSIONS MAY NOT APPLY TO YOU.

  1. Claims of Copyright or Intellectual Property Infringement

Materials may be made available via the Site by third parties not within the Host’s control.  The Host is under no obligation to, and does not, scan content used, in connection, with the Site for the inclusion of illegal or impermissible content. However, the Host respects the copyright interests of others. It is the Host’s policy not to permit materials known by the Host to infringe another party’s copyright to remain on the Site and to respond to claims of intellectual property infringement.  The Host will promptly process and investigate notices of alleged infringement and take appropriate actions under the Digital Millennium Copyright Act, Title 17, United States Code, Section 512(c)(2) (“DMCA”) and other applicable intellectual property laws.  If you believe any materials on the Site infringe a copyright, you should provide us with written notice that at a minimum contains:

  1. A physical or electronic signature of a person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed;
  2. Identification of the copyrighted work claimed to have been infringed, or, if multiple copyrighted works at a single online site are covered by a single notification, a representative list of such works at that site;
  3. Identification of the material that is claimed to be infringing or to be the subject of infringing activity and that is to be removed or access to which is to be disabled, and information reasonably sufficient to permit the Host to locate the material;
  4. Information reasonably sufficient to permit the Host to contact the complaining party, such as an address, telephone number, and, if available, an electronic mail address at which the complaining party may be contacted;
  5. A statement that the complaining party has a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law; and
  6. A statement that the information in the notification is accurate, and under penalty of perjury, that the complaining party is authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.

All DMCA notices should be sent to the Host’s designated agent as follows:

SponsorNetwork
Attn: 3556 S 5600 W Suite #1-1181

Salt Lake City, UT 84120

It is the Host’s policy to terminate relationships regarding content with third parties who repeatedly infringe the copyrights of others.

  1. Governing Law; Mandatory Binding Arbitration

This Agreement shall be governed by Ohio law except for its conflicts of laws principles. Sponsor agrees to resolve any disputes or claims arising out of or related to this Agreement or the Site through final and binding arbitration by a single arbitrator. This includes disputes arising out of or relating to interpretation or application of this “Mandatory Arbitration Provision” section, including its enforceability, revocability, or validity. Notwithstanding the foregoing, either party may bring a lawsuit solely for injunctive relief to stop unauthorized use or abuse of the Site, or violation of any intellectual property. Any proceeding to resolve claims arising under or relating to this Agreement shall be brought in the federal or state courts in Franklin County, in the State of Ohio and each Party irrevocably submits to the exclusive jurisdiction of such courts in any such suit, action, or proceeding. This provision shall not apply to consumers in countries that require agreements to be governed by the local laws of the consumer’s country.

  1. Miscellaneous

Right to Monitor: Sponsor acknowledges that the Host has the right to monitor the use of the Site to ensure compliance with the Agreement.

Waiver: No waiver of any term, provision, or condition of this Agreement, whether by conduct or otherwise, in any one or more instances, shall be deemed to be, or shall constitute, a waiver of any other term, provision, or condition hereof, whether or not similar, nor shall such waiver constitute a continuing waiver of any such term, provision or condition hereof. No waiver shall be binding unless executed in writing by the party making the waiver.

Severability: If any provision of this Agreement is determined to be illegal or unenforceable, then such provision will be enforced to the maximum extent possible and the other provisions will remain fully effective and enforceable.

Entire Agreement: This Agreement constitutes the entire agreement between Sponsor and the Host and governs your use of the Site.  This Agreement supersedes and replaces any prior version of this Agreement between you and the Host with respect to the Site. You also may be subject to additional terms and conditions that may apply between you and the operating of the Site, Mighty Networks.

Amendments:  The Host may, at its sole discretion, modify or replace the terms of this Agreement or the Privacy Policy by posting the updated terms. Unless otherwise indicated by the Host, any changes will become effective on a prospective basis from the date of posting. It is the Sponsor’s responsibility to check the Terms of Use and Privacy Policy periodically for changes. Sponsor’s continued use of the Site following the posting of any changes to this Agreement or Privacy Policy constitutes acceptance of those changes.

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