Terms of Service

Effective Date: [DRAFT — Date TBD]

These terms of service are a structural draft. Final legal language will be reviewed by counsel before publication.

These Terms of Service ("Terms") govern your access to and use of the Memosa platform, operated by EquityMultiple, Inc. ("Memosa," "we," "us," or "our"). By using Memosa, you agree to these Terms.

1. Acceptance of Terms

By creating an account or using Memosa, you agree to be bound by these Terms and our Privacy Policy. If you are using Memosa on behalf of an organization, you represent that you have authority to bind that organization to these Terms.

2. Accounts

You must provide accurate information when creating your account. You are responsible for maintaining the security of your account credentials and for all activity that occurs under your account. You must notify us immediately of any unauthorized access.

3. Acceptable Use

You agree not to:

4. Intellectual Property

Memosa and its original content, features, and functionality are owned by EquityMultiple, Inc. and are protected by copyright, trademark, and other intellectual property laws. Our platform, including all software, design, and documentation, is licensed to you, not sold.

5. Your Content

You retain ownership of all documents and content you upload to Memosa. By uploading content, you grant us a limited license to process, analyze, and store your content solely to provide the Memosa service. We do not use your proprietary deal content to train general-purpose AI models.

6. Service Availability

We strive for high availability but do not guarantee uninterrupted service. We may perform maintenance, updates, or experience outages. We will provide reasonable notice for planned maintenance when possible.

7. Disclaimers

Memosa is provided "as is" and "as available." The memoranda and analysis generated by Memosa are AI-assisted outputs intended to support, not replace, professional judgment. You are responsible for reviewing and verifying all generated content before relying on it for investment decisions.

We make no warranties, expressed or implied, including but not limited to merchantability, fitness for a particular purpose, or non-infringement.

8. Limitation of Liability

To the maximum extent permitted by law, EquityMultiple, Inc. shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of Memosa, including but not limited to loss of profits, data, or investment opportunities.

9. Indemnification

You agree to indemnify and hold harmless EquityMultiple, Inc. from any claims, damages, or expenses arising from your use of Memosa, your violation of these Terms, or your violation of any rights of another party.

10. Termination

We may suspend or terminate your access to Memosa at any time for violation of these Terms. You may delete your account at any time. Upon termination, your right to use Memosa ceases immediately. We will retain your data in accordance with our Privacy Policy and applicable law.

11. Governing Law

These Terms shall be governed by the laws of the State of New York, without regard to conflict of law principles. Any disputes shall be resolved in the courts located in New York County, New York.

12. Changes to Terms

We may update these Terms from time to time. We will notify you of material changes via email or through the platform. Continued use of Memosa after changes take effect constitutes acceptance of the revised Terms.

13. Contact

For questions about these Terms: