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1. INVONO ONE AND THE SERVICES
Invono AB, corporate reg.no 556987-2535, (”Invono”) provides a digital platform (”INVONO One”) with functions and services for; (I) overview and follow-up of ownership in unlisted companies, and (II) digital business services for managing ownership, documents, meetings, access control and tasks. Any and all function(s) and service(s) available from time to time in INVONO One are referred to below as the ”Services”. Invono provides INVONO One and the Services online as Software as a Service (SaaS) via Invono’s website, app.invono.se.
The Services are made available through two different accounts which are registered and opened in INVONO One. Person Account for all natural persons using INVONO One and Company Account for companies and organizations that use the business services of INVONO One. You can read more about the different accounts on our website invono.se.
The Services can (to varying degrees) be used by both natural and legal persons. Further, the Services can be used for the user’s own account or on behalf of someone else. Accordingly, it is for example possible for a company – with a Company Account – to invite different people to access, administer and/or work with the company’s information, data and documents in INVONO One and to use the Services for the company’s account. INVONO One also connects different people and companies in order to automatically create an overview of individual shareholder’s interests in such companies that use INVONO One. Examples of users are: a private person who uses INVONO One to have an overview of his/her own shareholding; an employee of a company using INVONO One for the company’s document management; a board member of a company that uses INVONO One for its board work; an auditor invited to INVONO One by a company that he/she is about to audit.
The Person Account is a personal, free of charge, account that is necessary to login to INVONO One and use the Services or register a Company Account. This applies regardless of whether the Services are used for the user’s own account or on behalf of someone else. Also, a person who has been invited to INVONO One by a company with a Company Account, needs to register a Person Account to be able to log in to INVONO One and gain access to the Services for which the company has granted authorization. Such users are aware that their ability to use INVONO One and the Services may be limited by the company that invited the user or if the company’s Company Account in INVONO One ceases or changes.
Anyone who creates a Person Account in INVONO One (the ”User”) can choose to activate a demo-Company Account in INVONO One in order to investigate the business services in INVONO One without any obligations or time pressure. In order to provide a good overview, the demo account is prepared in advance with a number of fabricated tasks – such as a share register and a number of documents and meeting minutes etc. The demo account can be used in the same way as a real Company Account and the User can also add their own documents, prepare meetings and call people to them, sign meeting minutes, make transactions in the share register etc. To avoid misunderstandings, the demo account is specifically intended for Users to be able to test the services and functions of INVONO One and the demo account should therefore not be used for the management of real company information or as an alternative to a real Company Account in INVONO One. The demo account is automatically reset to its original position two weeks after it has been activated – and then in two-week intervals – whereby all information that the User has uploaded or otherwise added in or to the demo account is immediately deleted.
2. CONCLUSION OF AGREEMENT
Invono provides two options for logging in to INVONO One. Logging in can be done either by BankID or with a password in combination with a security code sent by email to the User (two-step authentication). The User is responsible for the use of the User’s Person Account and its security. The User is aware that the Person Account – and other users of INVONO One that may have given the User access to their accounts – is at risk if the User allows others to use the User’s Person Account. The User shall immediately notify Invono of any unauthorized use of the User’s Person Account.
INVONO One can allow the User to link to other websites on the internet and other sites can link to INVONO One. Invono does not exercise control over external websites, and the User use and visit external websites entirely at their own risk.
You can read more about our data security in the “Datasäkerhetsbeskrivning” on our website invono.se.
4. PERSONAL DATA AND COOKIES
All terms in this section 4 relating to the processing of personal data shall have the meaning that from time to time is stated in the EU Regulation 2016/679 (the General Data Protection Regulation GDPR) including changes and/or additions to the same.
Invono is the personal data controller for the personal data provided by the User when the User registers his/her Person Account in INVONO One, logs into INVONO One, edits his/her user profile or uses the support function.
When the User uses INVONO One and the Services, Invono can also – inter alia with the help of so-called cookies – gather information about how INVONO One and the Services are reached and used and about technical data. This information is processed by Invono in order to improve INVONO One and the Services and make it more relevant and user-friendly, and also in order to prevent misuse of INVONO One and the Services and facilitate investigation of possible breaches of authority and/or infringements of rights.
If the User chooses to activate a demo-Company Account in INVONO One, the User will be able to process personal data in the demo account, eg. by adding real people as imaginary shareholders or by uploading documents containing personal data in the demo account. The User is the data controller in respect to all processing of personal data in the demo account. However, Invono may process such personal data on behalf of the User in connection with the User’s use of the demo account. Examples of such processing is that Invono stores data about for example “shareholders” who the User enters into the demo account, or that Invono – after two weeks when the demo account is automatically reset – erases the corresponding data. To the extent Invono processes personal data on behalf of the User, Invono is considered to be the data processor.
5. RIGHTS AND CONDITIONS FOR USE OF INVONO ONE AND THE SERVICES
All ownership rights and intellectual property rights relating to INVONO One and the Services belong to Invono. Invono’s provision of INVONO One and the Services does not in any way entail any transfer or assignment of any intellectual property to the User. The User undertakes to respect all registered and non-registered intellectual property rights that exist or appear in INVONO One and the Services including, but not limited to, patent rights, trademark rights and copyright. The User may only use such intellectual property rights in connection with the contractual use of INVONO One and the Services and may not copy, modify or otherwise handle software or other materials related to INVONO One and the Services.
(i) use so-called robots, spiders or other automatic tools (except regular search engines such as Google);
(ii) improperly seek to damage app.invono.se by overloading or actively interfering with or preventing the functionality of INVONO One;
(iii) distribute, reproduce, duplicate or copy any software or all or part of INVONO One, or modify, disassemble, decode or code analyze software or any part of INVONO One;
(iv) publish, upload, distribute or transmit any information that includes content or data that (a) is false, untrue or misleading, (b) is somehow harmful, discriminatory, offensive, threatening or illegal, or (c) infringes the rights of third parties;
(v) use INVONO One to send, transfer or upload files or other content that contains viruses, corrupted data, software, or other programs that may damage computers or other property or that gives control over other’s data or information.
Invono has the right to fully or partly cancel the access to INVONO One and the Services, in cases where continued provision of INVONO One and/or the Services causes damage, or means a risk of damage, to Invono, Invono’s customers or third parties.
The User is responsible for ensuring that the User’s use of INVONO One or the Services does not cause damage or infringes on the rights of others or violate applicable law. In the event the User fails in this liability, the User shall indemnify and hold Invono harmless, also with regard to indirect damage and loss.
Invono provides support on issues related to the functionality of INVONO One and the Services. The User can get in touch with the support in INVONO One or via Invono’s website support.invono.se.
Invono’s support does not include any advice regarding the interpretation or application of the laws and regulations that apply to such administration, etc. which can be managed through INVONO One and the Services, such as company law issues etc. The support also does not include technical issues or corrections due to incorrect use of INVONO One or the Services.
Invono makes no commitment that INVONO One – and the Services, features and contents of INVONO One – will be free from errors, deficiencies, disturbances, bugs or interruptions etc. Further, it is the responsibility of the User to determine whether it is appropriate to use INVONO One and the Services to achieve the intended purpose of the User. INVONO One and the Services are provided as is without any warranties of any kind and are used by the User at his/her own risk. Invono also does not accept any liability for information, data or documentation in INVONO One or for the User’s use of INVONO One and the Services.
Accordingly, the User confirms that the User waives any and all claims against Invono, its employees or other representatives due to direct or indirect damage or loss resulting from or related to the use of INVONO One or the Services. This applies regardless of the reason for such damage or loss, i.e. whether due to interruptions in function or use, termination of feature or Service, malfunction, faults, bug, neglect, purpose failure, virus, loss of data, information or documentation, unauthorized access, operating or connection problems, infringement or any other reason.
Invono’s disclaimer as stated above in this section 7 does not apply, however, to Invono’s gross negligence or willful misconduct.
8. APPLICABILITY AND TERMINATION
11. GOVERNING LAW AND ARBITRATION
The place of the arbitration shall be Helsingborg, Sweden, and the language in the proceedings shall be Swedish if both parties are Swedish and otherwise English.
Regardless of the aforesaid, each party has the right to apply to a Swedish public court or other competent authority if the amount in dispute (excluding possible counterclaims) does not exceed SEK 100,000.