Draft for review. This is a starting template, not legal advice. Have it reviewed by a qualified lawyer and complete the bracketed details before relying on it or publishing.

Terms of Service

Last updated: [date]

These Terms of Service ("Terms") govern your access to and use of the EquityRoom platform and website (the "Service"), operated by [Legal entity name] (ABN [ABN]) ("EquityRoom", "we", "us"). By creating an account or using the Service, you agree to these Terms.

1. The Service

EquityRoom provides a virtual data room and equity-management platform, including document hosting, investor access controls, AI-assisted readiness tools, an equity calculator, and (on eligible plans) cap-table, ESOP and shareholder-communication features.

2. Private beta

The Service is currently offered as a private beta / early-access product. Features, limits and pricing may change before general availability. We may modify or discontinue features during the beta, and we will give reasonable notice of material changes.

3. Accounts

You must provide accurate information and keep your credentials secure. You are responsible for activity under your account. You must be authorised to act for any company you represent on the Service.

4. Acceptable use

5. Your content

You retain all rights to the documents and data you upload ("Your Content"). You grant us a limited licence to host, process and display Your Content solely to provide the Service to you and the people you authorise. You are responsible for the accuracy and lawfulness of Your Content.

6. AI features

AI-assisted analysis is provided to help you prepare and is not financial, legal or investment advice. Outputs may contain errors; you are responsible for reviewing and verifying them before relying on or sharing them.

7. Fees and billing

Paid plans are [Prepare A$49/mo, Raise A$99/mo, Grow A$299/mo], each starting with a 14-day free trial. During private beta, billing may not be enabled and pricing may change. Fees are exclusive of taxes unless stated. [Confirm billing, refund and cancellation terms with your lawyer.]

8. Equity, cap-table and compliance

EquityRoom is a software tool, not a registry agent, accountant, or legal or financial adviser. Cap-table, ESOP and certificate features assist your record-keeping but do not constitute regulatory filings or legal advice. You are responsible for your own statutory and regulatory obligations. [Confirm scope with your lawyer.]

9. Disclaimers

The Service is provided "as is" to the extent permitted by law. Nothing in these Terms excludes rights you may have under the Australian Consumer Law that cannot lawfully be excluded.

10. Limitation of liability

To the maximum extent permitted by law, our liability arising out of or relating to the Service is limited as set out here. [Insert your liability cap and exclusions, reviewed by your lawyer.]

11. Termination

You may stop using the Service at any time. We may suspend or terminate access for breach of these Terms. On termination you may export Your Content for a reasonable period; thereafter it may be deleted in line with our retention practices.

12. Governing law

These Terms are governed by the laws of [New South Wales, Australia], and the courts of that jurisdiction have exclusive jurisdiction.

13. Changes

We may update these Terms from time to time. We will post the updated version here and revise the "last updated" date above. Continued use after changes constitutes acceptance.

14. Contact

[Legal entity name] โ€” hello@equityroom.xyz