Terms of Use

Posted 03/27/23

1.  Acceptance of the Terms and Conditions.

1.1.    Bold Ocean Ventures Fund I LP, Bold Ocean Ventures Fund I LLC, and Bold Ocean Ventures Management LLC (herein referred to as “Bold Ocean Ventures,” “BOV,” “we,” “us” or “our”) provides and makes available this Website (the “Website”).  All use of the Website is subject to the terms and conditions contained in this Terms of Use Agreement (the “Agreement”).  Please read this Agreement carefully.  By accessing, browsing or otherwise using the Website, you acknowledge that you have read, understood, and agree to be bound by this Agreement.  If you do not accept the terms and conditions of this Agreement, you shall not access, browse or use the Website.

1.2.    You understand and agree that we may change this Agreement at any time without prior notice.  You may read a current, effective copy of this Agreement at any time by selecting the “Terms of Use” link on our Website.  The revised terms and conditions will become effective immediately upon posting.  Any use of the Website after such date shall constitute your acceptance of such revised terms and conditions. If any change to this Agreement is not acceptable to you, your sole remedy is to cease accessing, browsing and otherwise using the Website.

1.3.    Your access to and use of the Website is also subject to the Company’s Privacy Policy located on our Website.

1.4     Nothing contained in this Agreement is intended to modify or amend any other written agreement you may have with General Atlantic (including without limitation any Commitment Agreement, subscription agreement, client agreement, non-disclosure or confidentiality agreement, limited partnership or limited liability company agreement, admission agreement, promissory note or account agreement) (“Other Agreements”) if any, that may currently be in effect. In the event of any inconsistency between this Agreement and any Other Agreements, the Other Agreements will govern. To the extent this Agreement conflicts with the terms and conditions of use relating to any password-protected area of this Website, the more specific terms and conditions of use relating to such password-protected area shall control.

2.    Use of the Website; Submissions.

2.1.    This Website contains material, including but not limited to software, text, graphics, images, video, data, music, sound, photographs, messages, and other materials (collectively referred to as the “Content”). You acknowledge and agree that the Website may contain Content or features (“Website Content”) that are protected by copyright, patent, trademark, trade secret, or other proprietary rights or laws. We may own the Website Content or portions of the Site Content may be made available to us through arrangements that we have with third parties.  Unauthorized use of the Website Content may result in violation of copyright, trademark, and other laws.  You have no rights in or to the Website Content, and you will not use, copy or display the Website Content except as permitted under this Agreement.  No other use is permitted without our prior written consent.  You must retain all copyright and other proprietary notices contained in the original Website Content on any copy you make of the Website Content. You may not sell, transfer, assign, license, sublicense, or modify the Website Content or reproduce, display, publicly perform, make a derivative version of, distribute, or otherwise use the Website Content in any way for any public or commercial purpose.  The use or posting of any of the Website Content on any other website or in a networked computer environment for any purpose is expressly prohibited. If you violate any part of this Agreement, your right to access and/or use the Website Content and Website shall automatically terminate and you shall immediately destroy any copies you have made of the Website Content.

2.2.    The trademarks, service marks, and logos of Bold Ocean Ventures (the “Bold Ocean Ventures Trademarks”) used and displayed on this Website are registered and unregistered trademarks or service marks of the Company.  Other companies, products, and service names located on the Website may be trademarks or service marks owned by third parties (the “Third-Party Trademarks”, and, collectively with the Bold Ocean Ventures Trademarks, the “Trademarks”).  Nothing on this Website or in this Agreement should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any Trademark displayed on this Website without the prior written consent of Bold Ocean Ventures specific for each such use.  The Trademarks may not be used to disparage Bold Ocean Ventures or the applicable third-party, Bold Ocean Ventures’ or third-party’s products or services, or in any manner (using commercially reasonable judgment) that may damage any goodwill in the Trademarks.  Use of any Trademarks as part of a link to or from any Website is prohibited without Bold Ocean Ventures’ prior written consent.  All goodwill generated from the use of any Bold Ocean Ventures Trademark shall inure to Bold Ocean Ventures’ benefit.

2.3.    You agree not to: (a) take any action that imposes an unreasonable load on the Website’s infrastructure, (b) use any device, software or routine to interfere or attempt to interfere with the proper working of the Website or any activity being conducted on the Website, (c) attempt to decipher, decompile, disassemble or reverse engineer any of the software comprising or making up the Website, (4) delete or alter any material posted on the Website by Bold Ocean Ventures or any other person or entity, or (5) frame or link to any of the materials or information available on the Website.

2.4.    The Website contains links to third-party Websites (“External Sites”), including without limitation the Gulf of Maine Research Institute website and the Gulf of Maine Ventures website. These links are provided solely as a convenience to you and not as an endorsement by us of the Content on such External Sites.  The Content of such External Sites is developed and provided by others.  You should contact the site administrator or Webmaster for those External Sites if you have any concerns regarding such links or any Content located on such External Sites.

We are not responsible for the Content of any linked External Sites and do not make any representations regarding the Content or accuracy of any materials on such External Sites. You should take precautions when downloading files from all Websites to protect your computer from viruses and other destructive programs.  If you decide to access any External Sites, you do so at your own risk.

2.5.    Certain elements of the Website are protected by trade dress, trademark, unfair competition, and other state and federal laws and may not be copied or imitated in whole or in part, by any means, including but not limited to, the use of framing or mirrors, except as otherwise expressly permitted by Section 2.1 of the Agreement. None of the Content for this Website may be retransmitted without the express written consent from Bold Ocean Ventures for each and every instance.

2.6.    Submissions: Due to the large number of business plans, business plan ideas, materials, questions, comments, suggestions, ideas, feedback, reviews, or other information submitted or provide to or otherwise shared with Bold Ocean Ventures through this Website (“Submissions”) Bold Ocean Ventures reviews and the similarity of many such Submissions, Bold Ocean Ventures cannot agree to any obligations of confidentiality, non-use, non-disclosure, or any fiduciary duty with respect to any Submissions, whether or not such Submissions are marked “confidential” or “proprietary”. Unless Bold Ocean Ventures has separately entered into a specific nondisclosure agreement that covers such information with you, any Submissions provided by you to Bold Ocean Ventures are non-confidential and Bold Ocean Ventures will be entitled to the unrestricted use and dissemination of these Submissions for any purpose, commercial or otherwise, without acknowledgment, attribution, or compensation to you. In no event will Bold Ocean Ventures be limited in, or restricted from, the pursuit of any opportunities, either alone or with third parties. 

3.    Limitation of Liability and Disclaimer of Warranties.

3.1.  The information and services provided on this Website are for your informational purposes only.  BOLD OCEAN VENTURES, ITS AFFILIATES, THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SUPPLIERS, OR LICENSORS (COLLECTIVELY, THE “BOLD OCEAN VENTURES PARTIES“) MAKE NO WARRANTIES OR REPRESENTATIONS ABOUT THE CONTENT, INCLUDING BUT NOT LIMITED TO ITS ACCURACY, RELIABILITY, COMPLETENESS, TIMELINESS OR RELIABILITY.  THE BOLD OCEAN VENTURES PARTIES SHALL NOT BE SUBJECT TO LIABILITY FOR THE TRUTH, ACCURACY OR COMPLETENESS OF THE CONTENT OR ANY OTHER INFORMATION CONVEYED TO THE USER OR FOR ERRORS, MISTAKES OR OMISSIONS THEREIN OR FOR ANY DELAYS OR INTERRUPTIONS OF THE DATA OR INFORMATION STREAM FROM WHATEVER CAUSE.  YOU AGREE THAT YOU USE THE WEBSITE AND THE CONTENT AT YOUR OWN RISK.

THE BOLD OCEAN VENTURES PARTIES DO NOT WARRANT THAT THE WEBSITE WILL OPERATE ERROR FREE OR THAT THE WEBSITE, ITS SERVER, OR THE CONTENT ARE FREE OF COMPUTER VIRUSES OR SIMILAR CONTAMINATION OR DESTRUCTIVE FEATURES. IF YOUR USE OF THE WEBSITE OR THE CONTENT RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, NO BOLD OCEAN VENTURES PARTY SHALL BE RESPONSIBLE FOR THOSE COSTS.

THE WEBSITE AND CONTENT ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE BOLD OCEAN VENTURES PARTIES DISCLAIM ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE WARRANTIES OF TITLE, MERCHANTABILITY, NONINFRINGEMENT OF THIRD PARTIES RIGHTS, AND FITNESS FOR PARTICULAR PURPOSE. 

3.2.    IN NO EVENT SHALL ANY BOLD OCEAN VENTURES PARTY BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEBSITE AND THE CONTENT, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGAL THEORY, EVEN IF SUCH BOLD OCEAN VENTURES PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

3.3.    SOME STATES DO NOT ALLOW THE DISCLAIMER OR EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES.  ACCORDINGLY, IN SUCH STATES, SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU OR BE ENFORCEABLE WITH RESPECT TO YOU, AND THE LIABILITY OF THE BOLD OCEAN VENTURES PARTIES SHALL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

3.4.    IF YOU ARE FROM NEW JERSEY, THE FOREGOING SECTIONS 3.1 AND 3.2 ARE INTENDED TO BE ONLY AS BROAD AS IS PERMITTED UNDER THE LAWS OF THE STATE OF NEW JERSEY.  IF ANY PORTION OF THESE SECTIONS IS HELD TO BE INVALID UNDER THE LAWS OF THE STATE OF NEW JERSEY, THE INVALIDITY OF SUCH PORTION SHALL NOT AFFECT THE VALIDITY OF THE REMAINING PORTIONS OF THE APPLICABLE SECTIONS.

3.5 Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy any interest in any investment vehicle managed by Bold Ocean Ventures or any company in which Bold Ocean Ventures or its affiliates have invested. Nothing contained herein constitutes professional or financial advice nor does any information contained herein constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You are solely responsible for evaluating the risks and merits regarding use of the Website and should obtain relevant and specific professional advice before making any investment decision.

4.    Indemnification.  

You agree to defend, indemnify, and hold harmless the Bold Ocean Ventures Parties from and against any claims, actions or demands, including, without limitation, reasonable legal and accounting fees, arising or resulting from your breach of this Agreement or your access to, use or misuse of the Content or Website.  Bold Ocean Ventures shall provide notice to you of any such claim, suit, or proceeding.  Bold Ocean Ventures reserves the right to assume the exclusive defense and control of any matter which is subject to indemnification under this section. In such case, you agree to cooperate with any reasonable requests assisting the Bold Ocean Ventures’ defense of such matter.

5.    Termination of the Agreement.

5.1.    Bold Ocean Ventures reserves the right, in its sole discretion, to restrict, suspend, or terminate this Agreement and your access to all or any part of the Website or the Content at any time and for any reason without prior notice or liability. Bold Ocean Ventures reserves the right to change, suspend, or discontinue all or any part of the Website or the Content at any time without prior notice or liability.

5.2.    Sections 2 (Use of the Website), 3 (Limitation of Liability and Disclaimer of Warranties), 4 (Indemnification), 5 (Termination of Agreement), 6 (User Must Comply with Applicable Laws) and 8 (Miscellaneous) shall survive the termination of this Agreement.  

6.    User Must Comply with Applicable Laws.

6.1.    This Website is based on Portland, Maine and directed to users in the United States.  We make no claims concerning whether the Content may be downloaded, viewed, or be appropriate for use outside of the United States.  If you access the Website or the Content from outside of the United States, you do so at your own risk.  Whether inside or outside of the United States, you are solely responsible for ensuring compliance with the laws of your specific jurisdiction.

6.2.    The United States controls the export of products and information. You expressly agree to comply with such restrictions and not to export or re-export any of the Content to countries or persons prohibited under the export control laws. By downloading the Content, you are expressly agreeing that you are not in a country where such export is prohibited or are a person or entity for which such export is prohibited. You are solely responsible for compliance with the laws of your specific jurisdiction regarding the import, export, or re-export of the Content.

7.    U.S. Government Restricted Rights.

The Content is provided with “RESTRICTED RIGHTS.”  Use, duplication, or disclosure by the Government is subject to the restrictions contained in 48 CFR 52.227-19 and 48 CFR 252.227-7013 et seq. or its successor.  Use of the Website or Content by the Government constitutes acknowledgement of our proprietary rights in the Website and Content.

8.    Miscellaneous.

This Agreement is governed by the internal substantive laws of the State of Delaware, without respect to its conflict of laws provisions. You expressly agree to submit to the exclusive personal jurisdiction of the state and federal courts sitting in the State of Delaware.   If any provision of this Agreement is found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of this Agreement, which shall remain in full force and effect.   Failure of Bold Ocean Ventures to act on or enforce any provision of the Agreement shall not be construed as a waiver of that provision or any other provision in this Agreement.  No waiver shall be effective against Bold Ocean Ventures unless made in writing, and no such waiver shall be construed as a waiver in any other or subsequent instance. Except as expressly agreed by Bold Ocean Ventures and you, this Agreement constitutes the entire Agreement between you and Bold Ocean Ventures with respect to the subject matter, and supersedes all previous or contemporaneous agreements, whether written or oral, between the parties with respect to the subject matter.  The section headings are provided merely for convenience and shall not be given any legal import.   This Agreement will inure to the benefit of our successors, assigns, licensees, and sublicensees.  Any information submitted or provided by you to the Website might be publicly accessible.  Important and private information should be protected by you.  Bold Ocean Ventures is not liable for protection of privacy of electronic mail or other information transferred through the Internet or any other network that you may use.