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Terms of Service

THE TERMS AND CONDITIONS SET FORTH BELOW (“TERMS”) GOVERN YOUR USE OF THE SITE, SERVICES, AND APPLICATIONS OFFERED BY EELAMCLUB (THE “SERVICES”) AND HOSTED HERE ON THAT RELATE TO THE PORTAL. THESE TERMS ARE LEGALLY BINDING WITH RESPECT TO ALL ACTIVITIES AND SERVICES RELATING TO THE PORTAL. SOME OF THESE TERMS SURVIVE YOUR USE OF THE SITE.

IF YOU DO NOT AGREE WITH ANY OF THESE TERMS, DO NOT ACCESS OR OTHERWISE USE THE PORTAL AND THE RELATED SERVICES. YOUR USE OF THE PORTAL AND THE RELATED SERVICES SHALL BE DEEMED TO BE YOUR AGREEMENT TO ABIDE BY EACH OF THE TERMS SET FORTH BELOW.

YOU AGREE THAT EELAM CLUB MAY MAKE CHANGES TO THE TERMS AND SERVICES OFFERED ON THIS SITE AT ANY TIME. WE WILL NOTIFY YOU OF SUCH REVISIONS BY (I) POSTING AN UPDATED VERSION OF THESE TERMS ON THE SITE, (II) PROVIDING A NOTIFICATION OF THE CHANGES TO ALL REGISTERED USERS OF THIS SITE AND (III) DISCLOSING NEW TERMS ELSEWHERE ON THE SITE WHEN APPROPRIATE. YOU ARE RESPONSIBLE FOR REGULARLY REVIEWING THESE TERMS. YOUR CONTINUED USE OF THE SITE AND THE ASSOCIATED SERVICES SHALL CONSTITUTE YOUR CONSENT TO SUCH CHANGES TO THE TERMS.

By using the Portal, including by simply viewing it, you agree to these Terms. You agree the Terms are solely between you (and any person or entity you expressly represent to be acting as an agent for) and Eelam club. Failure to maintain compliance with the Terms may result in losing access to the Site, Portal and Services.

Visitors to the Site may view content on the Site, broadly defined as any text, graphics, other materials or information uploaded, downloaded or otherwise accessible through the Site (“Content”). Visitors to the Site may open an account as a “User” (a person who has an account on the Site that can neither accept nor make investments) or convert their User account to either an (i) “Issuer” account (for a private company offering securities on the Portal, an “Offering”), or (ii) “Investor” account (a person who has opened an account with the ability to make investments through the Portal). An account type will have an User ID (“User ID”). The only people who are authorized to create accounts on the Portal are authorized representatives of Issuers and prospective-investors with a substantial background in investment, financial markets and early-stage business, who understand the relevant risks and legal terms and are willing to bear the consequences. Issuers should note that Offerings on the Site are generally viewable by the general public. Please see Section IV(a). Account Registration and Password Protection for further information regarding the use and safeguarding of your User ID and passwords.

Investment opportunities on the Portal are only intended for Investors who are sophisticated enough to protect their own interests, have reviewed the educational materials and can tolerate risk of capital loss.

I. Use of the Services

By accessing the Site (by invitation or otherwise) or by communicating with Issuers, Investors and other Users, you agree to (i) ensure at all times that information about you or provided by you (i.e., your Content) is true, accurate, current, complete and not misleading; and (ii) promptly comply with Republic’s request for specific action(s) or additional Content. You are responsible for all activities that occur under your account. Eelamclub may revoke your access to the Site and Services (including the Portal) at any time it determines that (a) you fail to fully comply with the foregoing obligations or with any provision of these Terms of Services, or (b) your action or inaction on the Site or in connection with the Services is inconsistent with Eelam club’s mission to ensure transparent, compliant and good faith activities on the Site, including the maintenance of high standards of commercial conduct and integrity in relations to Offerings.

II. General Obligations

When using our Site and Services, you are promising not to violate the Community Rules of Eelam club as described below. Aside from your Content, all information, documents, and Services provided on this Site, including trademarks, logos, graphics and images (the “Materials”) are provided to you by Eelam club or other Users. Except as expressly stated herein, you acknowledge that you have no right, title or interest in or to the Materials. Furthermore, with regard to the Offerings hosted by the Portal, you shall not use related Content for any purpose other than seeking capital or assessing a potential investment.

The Services may invite you to participate in discussion forums viewable by the general public, or participate in blogs, message boards, and other functionality and may provide you with the opportunity to create, submit, post, transmit, publish or distribute Content through the Services. Any Content you distribute through the Site or otherwise provide through the Services will be treated as non-confidential and non-proprietary. All comments, feedback, suggestions, ideas, forum posts and other submissions disclosed, submitted or offered to the Company in connection with the use of the Services or otherwise, and any chat, blog, message board, online forum, text, email or other communication with the Company, is hereby licensed to the Company on a non-exclusive, worldwide, royalty-free, irrevocable, perpetual basis. In limited circumstances, The Eelam club will accept submissions on a confidential basis (i.e., potential-Offering applications), these opportunities will be clearly marked as confidential, with any terms and conditions of such confidentiality included.

Furthermore, you cannot have any expectation that Eelam club evaluates, confirms, endorses, or otherwise stands behind any Content provided by any User, Investor, or Issuer. You may not treat any email or other information you receive as a result of your access to the Services as a representation of any kind by Eelam club on which you should rely. The Eelam club is not qualified to provide legal, accounting, tax, or investment advice, and no information provided to you by Eelam club, its staff or its affiliates, can be so construed.

By using our Site and our Services, you agree and acknowledge in each instance that Eelam club is not an agent or otherwise a responsible entity for any matter whatsoever with respect to any investment between an Investor and an Issuer. Eelam club shall not be held liable to any party for any costs or damages arising out of or related to such transaction. Unless otherwise required by law,Eelam club retains sole discretion to reject or accept any application from any Issuer or Investor to participate on the Portal, for any reason or no reason at all.

III. Users’ Obligations to Act Responsibly

a. Promises made by each User:

b. Community Rules

As required of all users of the Site, you will not, in connection with the Services or while engaging with the tamil community:

  • You are making the following promises:
    • Requirements to Use the Site and Services
      • That you have the right, authority, and capacity to agree to the Terms on your own behalf and on behalf on any entity for whom you are acting for and to abide by all of the terms contained herein, and that if any aspect of your participation in Eelam club violates provisions of the law to which you or an entity you are acting for our subject, you (and, if applicable, such entity) will immediately cease using the Services and close your account;
      • That you are at least 18 years old;
      • That you shall not use a false name or email address owned or controlled by another person with the intent to impersonate that person or for any other reason;
      • That you shall not use a name that is subject to any rights of a person other than yourself without appropriate authorization;
      • That you shall not make multiple accounts of the same type using the Services;
      • That you shall be solely responsible for maintaining the confidentiality of your password;
      • That you will update your registration information with the Company, as needed so that it remains true, correct and complete; and
      • That you will conduct yourself in a professional manner in all your interactions with Eelam club and with every User of the Site or Services.
    • Requirements Related to Issuers’ Content on Eelam club Portal
      • That you will only provide Eelam club with Content that you have a right to provide to Eelam club and to allow Eelam club to display through the Services;
      • That you have adequate rights to all copyrights, trademarks, trade secrets, intellectual property or other material provided by you for display by Eelam club, and that you understand that any other Content you find on or through Eelam club is the sole responsibility of the person who provided such Content;
      • That you understand that your Content may be republished and if you do not have the right to submit Content for such use, it may subject you to liability, and that Eelam club will not be responsible or liable for any use of your Content by Eelam club in accordance with the Terms;
      • That you understand that any false, incomplete or misleading information you post about an Issuer or an Offering may result in serious civil and criminal liability for yourself and/or the Issuer;
      • That you will be solely responsible for complying with applicable law regarding any Offering you participate in or interact with;
      • That you will obtain such professional advice as is appropriate to protect your interests, including legal, accounting, tax and other advice;
    • Requirements Related to Investors on Eelam club’s Portal.
      • That you are not relying on Eelam club to, and that you understand that we do not, endorse, support, represent or guarantee the completeness; truthfulness, accuracy or reliability of any Content or communications posted via the Services;
      • That you understand that by using the Services, you may be exposed to Content that may be offensive, harmful, inaccurate or otherwise inappropriate and that you have no claim against Eelam club for any such material;
      • That you understand that the Service may include advertisements or other similar items, which may be related to Content, queries made through the Services, or other information, and you have no claim against Eelam club for the placement of advertising or similar content on the Services or in connection with the display of any Content or other information from the Services;
      • That you will use your own judgment, conduct your own due diligence and seek any legal, financial, tax, accounting and other professional advice that may be appropriate before making any decision to invest;
      • That you can tolerate the risk of losing any amount you invest through the Portal; and
      • That you have reviewed and understand the risks and terms of any investment you commit to make through the Site.
    • defame, libel, disparage, threaten, harass or intimidate anyone, including by the use of offensive comments related to race, national origin, gender, religion, sexual preference or physical or mental condition;
    • use any profane, obscene, pornographic or otherwise objectionable content or language;
    • promote or describe how to perform violence, illegal drug or substance abuse, or any other illegal activity;
    • violate the personal, privacy, contractual, intellectual property or other rights of any person;
    • reveal, with respect to personal or privacy rights, any personal information about another individual, including an address, phone number, email address, credit card number or other information that could be used to track, contact or impersonate that individual;
    • violate the Terms or any local, state, federal or non-U.S. law, rule or regulation;
    • the trick, defraud, deceive or mislead the Company or other users of the Services, such as by submitting false reports of abuse or misconduct to the Company’s support services, disguising the source of materials or other information you submit to the Services or using tools which anonymize your Internet protocol address to access the Services;
    • interfere with or disrupt (or attempt to interfere with or disrupt) access and enjoyment of the Services of other users or any host or network, including, without limitation, creating or transmitting unwanted electronic communications such as “spam” to other users, overloading, flooding or mail-bombing the Services, or scripting the creation of Content in such a manner as to interfere with or create an undue burden on the Services;
    • disparage, tarnish or otherwise harm, in the Company’s opinion, the Company and/or the Services;
    • upload or transmit (or attempt to upload or transmit) any material that acts as a passive or active information collection or transmission mechanisms, such as viruses, worms, Trojan horses, spyware, adware or any other malicious or invasive code or program;
    • reverse engineer, decompile, reverse assemble, modify or attempt to discover or copy any software, source code or structure that the Services utilize to generate web pages or any software or other products or processes accessible through the Services;
    • access or search (or attempt to access or search) the Services by any means, such as an automated system or unauthorized script or software, other than currently available, published interfaces provided by Eelam club , unless you have been specifically allowed to do so in a separate agreement with Eelam club (note crawling the Services is permissible in accordance with the Terms, but scraping the Services is expressly prohibited without the prior consent of Eelam club);
    • remove, obscure or change any copyright, trademark, hyperlink or other proprietary rights notices contained in or on the Services or any website on which the Services are offered or on a Third-Party website and/or Company software on which Company code is embeddable or embedded on;
    • remove, obscure or change any notice, banner, advertisement or other branding on the Services;
    • submit any Content or material that falsely expresses or implies that such Content or material is sponsored or endorsed by the Company, a regulator, or any other third party;
    • interfere with or circumvent any security feature of the Services or any feature that restricts or enforces limitations on use of or access to the Services, such as probing or scanning the vulnerability of any system, network or breach;
    • sell access to the Services or any part thereof other than through a mechanism expressly approved by the Company in writing addressed to you exclusively;
    • claim any ownership rights in any material, software or other intellectual property displayed on, published by or otherwise available through Eelam club, other than Content, software or intellectual property owned by you, without regard for its appearance on Eelam club;
    • copy or distribute Content except as specifically allowed in the Terms;
    • use any Content, or other information acquired from any user, or otherwise through your use of the Services, for commercial or investment activity outside of the Services, without prior written approval from the Company;
    • claim any right to access, view or alter any source code or object code of Eelam club;
    • use Eelam club to market services not authorized by Eelam club; or
    • market competing services to people identified through Eelam club.

IV. Miscellaneous Terms

a. Account Registration and Password Protection

Prior to gaining access to certain Services on the Site, will require you to set up a User ID and password (the “Password(s)”) as set forth in the account registration procedures posted on the Site. Your User ID must be a name you have the right to use. You agree to comply with the procedures specified by Eelam club from time to time regarding obtaining and updating Passwords for your User ID. You agree to assume sole responsibility for the security of Passwords issued to you. Passwords are subject to cancellation or suspension by Eelam club at any time, including upon the misuse of any and the reactivation of Passwords. You agree to ensure that you will use your best efforts to prevent any Third-Party from obtaining your Passwords, and you shall inform immediately in writing of Eelam club any actual or potential unauthorized access to a Password or to the Site and/or Services.

b. Third-Party Content

Third-parties may provide certain information and content to Eelam club (“Third-Party Content”). The Third-Party Content is, in each case, the copyrighted work of the creator/licensor, and may be subject to terms of use and/or privacy policies of such third-parties. Please contact the appropriate Third-Party for further information regarding such terms.

This Site may provide links to other websites or resources over which Eelamclub does not have control (“External Websites”). Such links do not constitute an endorsement by Eelamclub of those External Websites. You acknowledge that Eelam club is providing these links to you only as a convenience, and further agree that Eelam club is not responsible for the content of such External Websites. If you decide to leave Eelam club and access the External Websites or to use or install any External Website applications, software or content, you do so at your own risk and you should be aware that Eelam club's terms and policies no longer govern. You should review the applicable terms and policies, including privacy and data gathering practices, of any site to which you navigate from Eelam club or relating to any applications you use or install from the site. Your use of External Websites is subject to the terms of use and privacy policies located on the linked to External Websites.

c. Privacy Policy

Your use of the Site is governed by the Eelam club Privacy Policy that is available at https://Eelamclub.com/privacy the Privacy Policy.

d. Amendments to the Terms

We may amend the Terms at any time in our sole discretion, effective upon posting the amended Terms at the domain of www.eelamclub.com where the prior version of the Terms was posted, or by communicating these changes through any written contact method we have established with you. Your use of the Services following the date on which such amended Terms are published will constitute consent to the Terms.

e. Governing Law/Arbitration/Waiver of Injunctive Relief

Governing Law/Venue. The Terms and all aspects of the Service shall be governed by and construed in accordance with the internal laws of the United States and the State of Delaware governing contracts entered into and to be fully performed in Delaware (i.e., without regard to conflict of law's provisions) regardless of your location except that the arbitration provision shall be governed by the Federal Arbitration Act. For the purpose of any judicial proceeding to enforce such award or incidental to such arbitration or to compel arbitration, or if for any reason a claim proceeds in court rather than in arbitration, the parties hereby submit to the non-exclusive jurisdiction of the state and Federal courts sitting in New York, NY and agree that service of process in such arbitration or court proceedings shall be satisfactorily made upon it if sent by certified, express or registered mail addressed to it at the address set forth in the books and records of the Company, or if no such address has been provided, by email to the email address provided by the relevant parties to the Company in connection with their use of the Service. With respect to any disputes or claims not subject to informal dispute resolution or arbitration (as set forth below), you agree not to commence or prosecute any action in connection therewith other than in the state and federal courts located in New York, NY and you hereby consent to, and waive all defenses of lack of personal jurisdiction and forum non conveniens with respect to, venue and jurisdiction in the state and federal courts located in New York, NY.

Injunctive and Equitable Relief. You acknowledge that the rights granted to Republic through the use of the Site are of a unique and irreplaceable nature, the loss of which shall irreparably harm the Company and which cannot be replaced by monetary damages alone. Nothing in these Terms shall prevent Republic from seeking injunctive or equitable relief (without the obligations of posting any bond or surety) with respect to these Terms, in the event of any breach or anticipatory breach by you. You irrevocably waive all rights to seek injunctive or other equitable relief and agree to limit your claims to claims for monetary damages (if any).

Informal Negotiations. To expedite resolution and control the cost of any dispute, controversy or claim related to these Terms ("Dispute"), you and the Company agree to first attempt to negotiate any Dispute (except those Disputes expressly provided below) informally for at least thirty (30) days before initiating any arbitration or court proceeding. Such informal negotiations commence upon written notice from one person to the other. You will send your notice to Eelamclub, Legal Department,.7014 13th Avenue, Suite 202, Brooklyn, New York 11228

company agree that any arbitration shall be limited to the Dispute between the Company and you individually. To the full extent permitted by law, (1) no arbitration shall be joined with any other; (2) there is no right or authority for any Dispute to be arbitrated on a class-action basis or to utilize class action procedures; and (3) there is no right or authority for any Dispute to be brought in a purported representative capacity on behalf of the general public or any other persons.

Exclusive Process. You acknowledge that the arbitrator(s), and not any federal, state or local court or agency, shall have exclusive authority to resolve any dispute arising under or relating to the interpretation, applicability, enforceability or formation of the Terms, including but not limited to any claim that all or any part of these Terms is void or voidable. Without limiting the generality of the foregoing, the arbitrator shall have the exclusive authority to interpret the scope of this clause, and the arbitrability of the controversy, claim or dispute.

Exceptions to Informal Negotiations and Arbitration. You and the Company agree that the following Disputes are not subject to the above provisions concerning informal negotiations and binding arbitration: (1) any Disputes seeking to enforce or protect, or concerning the validity of, any of your or the Company's intellectual property rights; (2) any Dispute related to, or arising from, allegations of theft, piracy, invasion of privacy or unauthorized use; and (3) any claim for injunctive relief.

To the extent non-U.S. laws mandate a different approach with respect to governing law, venue, the statute of limitation, and dispute resolution method with respect to certain non-U.S. persons, each such required standard shall be applied, but all other provisions under this Section IV(f) shall remain in full force.

f. Waiver/Severability

The failure of the Company to require or enforce strict performance by you of any provision of the Terms or to exercise any right hereunder shall not be construed as a waiver or relinquishment of the Company's right to assert or rely upon any such provision or right in that or any other instance. In fact, the Company may choose to enforce certain portions of the Terms more strictly or to interpret certain provisions more strictly against certain users than it does against users in general, and such disparate treatment shall not be grounds for failing to comply with the Terms as so interpreted.

You and the Company agree that if any portion of the Terms is found illegal or unenforceable, in whole or in part by any court of competent jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.

g. The statute of Limitations.

You and the Company both agree that regardless of any statute or law to the contrary but only to the extent permissible by law in each relevant jurisdiction, any claim or cause of action arising out of or related to use of the Services, these Terms or our Privacy Policy must be filed within ONE (1) year after such claim or cause of action arose or be forever barred.

h. No Third-Party Beneficiaries.

This agreement is between you and the Company. No User has any rights to force the Company to enforce any rights it may have against any you or any other user, except to the extent that Issuers may enforce their own intellectual property rights related to Content offered through the Services.

i. Government Use.

If You are a part of an agency, department, or other entity authorized by the United States Government ("Government"), the use, duplication, reproduction, release, modification, disclosure or transfer of the any of our products or Services is restricted in accordance with the Federal Acquisition Regulations as applied to civilian agencies and the Defense Federal Acquisition Regulation Supplement as applied to military agencies. The Services and any related software are "commercial item," "commercial computer software" and "commercial computer software documentation". In accordance with such provisions, any use of the Services by the Government shall be governed solely by these Terms.

j. Indemnification

You agree to defend, indemnify and hold harmless Eelam club and its affiliates, representatives, partners, agents and employees from and against any and all liabilities, claims, costs and expenses, including attorneys' fees, that arise out of or in connection with your use of the Site and/or the Services or breach of these Terms.

k. Disclaimer of Warranty

YOU ACKNOWLEDGE AND AGREE THAT THIS SITE AND/OR THE SERVICES ARE BEING PROVIDED ON AN "AS IS" BASIS WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, AND MAY INCLUDE CERTAIN ERRORS, OMISSIONS, OUTDATED INFORMATION WHICH MAY AFFECT THE QUALITY OF THE CONTENT. YOU ACKNOWLEDGE THAT THE CONTENT HAVE NOT BEEN INDEPENDENTLY VERIFIED OR AUTHENTICATED IN WHOLE OR IN PART BY EELAM CLUB, AND AGREE THAT EELAM CLUB DOES NOT WARRANT THE ACCURACY OR TIMELINESS OF THE CONTENT AND FURTHER AGREE THAT REPUBLIC HAS NO LIABILITY FOR ANY ERRORS OR OMISSIONS IN THE CONTENT, WHETHER PROVIDED BY EELAM CLUB OR ITS LICENSORS. EELAM CLUB MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE SITE’S UP TIME NOR THE USABILITY OR ACCESSBILITY OF THE SITE BY USERS, INVESTORS, ISSUERS OR VISITORS OF THE SITE.

EELAM CLUB, FOR ITSELF AND EACH OF ITS LICENSORS, MAKES NO REPRESENTATIONS, WARRANTIES, OR GUARANTEES AS TO THE QUALITY, SUITABILITY, TRUTH, ACCURACY OR COMPLETENESS OF ANY INFORMATION OR MATERIAL CONTAINED ON THE SITE AND/OR THE SERVICES, INCLUDING WITHOUT LIMITATION THE CONTENT AND ANY THIRD-PARTY CONTENT. UNLESS OTHERWISE EXPLICITLY STATED, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SITE AND/OR THE SERVICES AND ANY INFORMATION OR MATERIAL CONTAINED ON THE SITE IS PROVIDED TO YOU ON AN "AS IS" BASIS AND IS FOR PERSONAL USE OR INTERNAL BUSINESS USE ONLY. ALL CONDITIONS, REPRESENTATIONS AND WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF THIRD-PARTY RIGHTS, ARE HEREBY DISCLAIMED. EELAM CLUB PROVIDES THE SERVICES "AS-IS" WITHOUT ANY WARRANTY OF ANY KIND.

WE MAKE NO REPRESENTATION THAT THE CONTENT ON THIS SITE CONFORM TO YOUR LOCAL LAWS, AND IF YOU ARE ACCESSING THIS SITE FROM A LOCATION OUTSIDE THE UNITED STATES, YOU ALONE ARE RESPONSIBLE FOR COMPLIANCE WITH YOUR LOCAL LAWS. WE HEREBY DISCLAIM ANY AND ALL WARRANTIES, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU, TO THE EXTENT THAT APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES.

l. Limitation of Liability

IN THE CASE OF NEGLIGENCE, NEITHER EELAM CLUB, NOR ANY OF ITS AFFILIATES, NOR ANY PARTNERS, DIRECTORS, OFFICERS, EMPLOYEES OR AGENTS, THIRD-PARTY PROVIDERS, OR CONTENT PROVIDERS OF THE FOREGOING SHALL BE LIABLE TO YOU OR ANY THIRD-PARTY FOR ANY FORM OF DAMAGES (INCLUDING, WITHOUT LIMITATION, DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES) ARISING OUT OF OR RELATED TO THE USE OR ATTEMPTED USE OF THE SITE OR THE SERVICES, INCLUDING BUT NOT LIMITED TO, TECHNICAL ERRORS, ACCIDENTAL ERRORS, YOUR INABILITY TO ACCESS THE SITE, THE RESULTS OF YOUR USE OF THE SITE AND/OR THE SERVICES, OR ANY EXTERNAL WEBSITES LINKED TO THIS SITE, OR THE CONTENT ON THE SITE, HOWEVER ARISING, WHETHER FOR BREACH OR IN TORT, EVEN IF EELAM CLUB WAS INFORMED OF THE POSSIBILITY OF SUCH DAMAGES. IN THE EVENT EELAM CLUB OR ANY OF ITS PARTNERS, AGENTS, THIRD-PARTY PROVIDERS OR CONTENT PROVIDERS ARE FOUND TO BE GROSSLY NEGLIGENT OR WILLFUL IN THEIR MISCONDUCT, BY AN ARBITRATOR AUTHORIZED TO ACT BY THESE TERMS, DAMAGES WILL BE LIMITED TO (i) THE VALUE OF YOUR INVESTMENT FOR INVESTORS, (ii) $0.001 FOR USERS, OR (iii) THE TOTAL AMOUNT OF EELAM CLUB’S COMMISSION FOR EACH ISSUERS’ RELEVANT OFFERING WITH RESPECT TO AN ISSUER.

m. E-Signature and E-Delivery (Electronic Signature (E-Sign) and Uniform Electronic Transactions Act (UETA) Disclosure)

THIS E DISCLOSURE AND CONSENT IS PROVIDED IN COMPLIANCE WITH THE ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT, 15 USC §7001, ET SEQ. (“E-SIGN ACT”) AND THE UNIFORM ELECTRONIC TRANSACTIONS ACT, AS ADOPTED BY THE VARIOUS STATES. BY USING THIS SITE, VISITORS AND USERS THEREBY AGREE TO THESE TERMS IN THEIR ENTIRETY, WHICH MAY BE AMENDED FROM TIME TO TIME. RELEVANT AGREEMENTS GOVERNING SPECIFIC TRANSACTIONS AND ACTIVITIES ON THE SITE ARE TYPICALLY AGREED TO VIA ELECTRONIC SIGNATURES, EVIDENCED BY THE RELEVANT PARTIES SELECTING "ACCEPT" BUTTON OR CONFIRMING VIA OTHER FORMS OF ELECTRONIC COMMUNICATION (“ELECTRONIC SIGNATURE”). YOU AGREE YOUR ELECTRONIC SIGNATURE IS THE LEGAL EQUIVALENT OF YOUR MANUAL/HANDWRITTEN SIGNATURE. BY SELECTING "I ACCEPT" USING ANY DEVICE, MEANS OR ACTION, YOU CONSENT TO THE LEGALLY BINDING TERMS AND CONDITIONS OF THE RELEVANT AGREEMENT. YOU ALSO AGREE THAT NO CERTIFICATION AUTHORITY OR OTHER THIRD-PARTY VERIFICATION IS NECESSARY TO VALIDATE YOUR E-SIGNATURE, AND THAT THE LACK OF SUCH CERTIFICATION OR THIRD-PARTY VERIFICATION WILL NOT IN ANY WAY AFFECT THE ENFORCEABILITY OF YOUR E-SIGNATURE OR THE RELEVANT AGREEMENT. YOU HAVE THE RIGHT TO WITHDRAW YOUR CONSENT AT ANY TIME. TO WITHDRAW CONSENT, YOU MAY SEND A WRITTEN REQUEST BY E-MAILING SUPPORT@EELAMCLUB.COM. IF CONSENT IS WITHDRAWN, EELAMCLUB RESERVES THE RIGHT TO DISCONTINUE YOUR ACCESS TO THE SITE, TERMINATE ANY AND ALL AGREEMENTS WITH YOU OR OTHER PARTIES HOSTED ON THE SITE, AND/OR CHARGE YOU ADDITIONAL FEES FOR PAPER COPIES. IF, AFTER YOU CONSENT TO PROVIDE YOUR SIGNATURE ELECTRONICALLY, AND YOU WOULD LIKE A PAPER COPY OF AN ELECTRONIC SIGNATURE, YOU MAY REQUEST A COPY WITHIN ONE HUNDRED EIGHTY (180) DAYS OF THE ELECTRONIC SIGNATURE BY CONTACTING REPUBLIC AS DESCRIBED ABOVE. REPUBLIC WILL SEND YOUR PAPER COPY TO YOU BY U.S. MAIL. IN ORDER FOR REPUBLIC TO SEND PAPER COPIES TO YOU, YOU MUST HAVE A CURRENT STREET ADDRESS ON FILE WITH REPUBLIC AS YOUR PRIMARY MAILING ADDRESS. IF YOU REQUEST PAPER COPIES, YOU UNDERSTAND AND AGREE THAT REPUBLIC MAY CHARGE YOU A PAPER COMMUNICATIONS FEE FOR EACH COMMUNICATION AT THE CURRENT RATE DETERMINED BY THE COMPANY.

CONSENT TO ELECTRONIC DELIVERY. AS A USER OF THIS PORTAL, YOU SPECIFICALLY AGREE TO RECEIVE, OBTAIN, AND/OR SUBMIT ANY AND ALL DOCUMENTS AND INFORMATION ELECTRONICALLY. THESE DOCUMENTS AND INFORMATION WILL BE COLLECTIVELY KNOWN AS "ELECTRONIC COMMUNICATIONS," AND WILL INCLUDE, BUT NOT BE LIMITED TO, ANY AND ALL CURRENT AND FUTURE REQUIRED NOTICES AND/OR DISCLOSURES, AND ALL RELEVANT AGREEMENTS RELATING TO YOUR ACTIVITIES ON THE SITE. YOU ACCEPT ELECTRONIC COMMUNICATIONS PROVIDED VIA EMAIL AS REASONABLE AND PROPER NOTICE FOR THE PURPOSE OF FULFILLING ANY AND ALL RULES AND REGULATIONS AND AGREE THAT SUCH ELECTRONIC COMMUNICATIONS FULLY SATISFY ANY REQUIREMENT THAT COMMUNICATIONS BE PROVIDED TO YOU IN WRITING OR IN A FORM THAT YOU MAY KEEP. AS A USER OF THIS PORTAL, YOU ARE RESPONSIBLE FOR KEEPING YOUR PRIMARY EMAIL ADDRESS ON FILE WITH REPUBLIC UP TO DATE, SO THAT REPUBLIC CAN COMMUNICATE WITH YOU ELECTRONICALLY. YOU UNDERSTAND AND AGREE THAT IF REPUBLIC SENDS YOU AN ELECTRONIC COMMUNICATION, BUT YOU DO NOT RECEIVE IT BECAUSE YOUR PRIMARY EMAIL ADDRESS ON FILE IS INCORRECT, OUT OF DATE, BLOCKED BY YOUR INTERNET SERVICE PROVIDER, OR YOU ARE OTHERWISE UNABLE TO RECEIVE ELECTRONIC COMMUNICATIONS, REPUBLIC STILL WILL BE DEEMED TO HAVE PROVIDED THE COMMUNICATION TO YOU.

o. Voucher System

Republic provides single-use bonus-codes (“Promotion Code”) to Investors on the Portal from time to time. The Promotion Code can only be applied toward investment commitments (“Investment Commitments”) for an Offering hosted by the Portal. The following describes the terms and conditions of the Promotion Code program (“Promotion Code Program”).

The ability of an Investor to invest in an Offering on the Portal will depend on the investor’s financial circumstances and investment history, pursuant to the eligibility requirements of Regulation CF of the Securities Act of 1933 (“Reg. CF”). To use the Promotion Code an Investor must have an Investor account on the Portal. To open an Investor account, a person has to provide certain information including contact information and representations regarding their income and net worth and certain aspects of their investment history.

Each Promotion Code (i) has an expiration date associated with the unique Promotion Code (the “Term” — investors can check expiration dates here, (ii) cannot be transferred in any way (iii) is not reusable, and (iv) and may not be redeemed for cash (except as required by law). An Investor may only use one Promotion Code during the Term and it is a violation of these terms and conditions for an investor to indirectly (including through entities formed for such purpose) use this Promotion Code multiple times.

The Promotion Code Program requires additional payment to make an Investment Commitment. The Promotion Code Program applies to every Offering on the Portal during the Term subject to the following restrictions.

A Promotion Code will not be applied and cannot be used if:

  • the Offering is oversubscribed or using the Promotion Code would cause the Offering to be oversubscribed;
  • use of the Promotion Code would result in an Investor exceeding their annual investment limit, as determined by Reg. CF;
  • if an Offering is undersubscribed as determined by the cumulative Investment Commitments made without including any Promotion Code payments to be made on behalf of participating investors;
  • an Investor’s Investment Commitment has been made but is not funded at the time of an Offering’s close; or
  • use of the Promotion Code would cause the total amount of Promotion Code payments made by the Portal in a particular Offering to exceed the disclosed cash commission of the Portal as it relates to such Offering.

In the event an Investor applies a Promotion Code towards an Offering and either a) the Investor cancels or reduces their Investment Commitment, b) the Offering is ultimately undersubscribed or c) the Offering is ultimately withdrawn, (each a “Cancelled Investment Commitment”), the Investor will have the later of i) the Term or ii) thirty-days, from the Cancelled Investment Commitment, to use the Promotion Code.

This Promotion Code can be used on the Portal solely if and when an Investor decides to subscribe to an Offering during the Term. eelam club does not recommend or advise Investors to make any investments through the Portal – startup investing is risky, you are likely to lose all of the money you invest.

You must be 18 years of age or older to make an Investment on the Portal, eelam club reserves the right to request proof of age. Void where prohibited or restricted by law. Promotion Code terms and conditions are subject to change without notice. The Promotion Code Program is governed by the laws of the State of New York.