Terms and Conditions

MENTORS & FOUNDERS (M&F) RECOMMENDS THAT INVESTORS, BEFORE ENTERING INTO A TRANSACTION INVOLVING ACQUISITION OR SUBSCRIPTION FOR SHARES, OBTAIN THE ADVICE OF A RELEVANT EXPERT AND OBTAIN APPROPRIATE DUE DILIGENCE, TAXATION AND LEGAL ADVICE.

  1. Mentors & Founders (M&F) does not assume responsibility for investigating, nor has it investigated the business or personal credentials or otherwise of any entrepreneurs or companies (“Founders”) which may be referred to potential investors (“Mentors”) by the M&F.  Any such investigation shall be the sole responsibility of Mentors.  Any information provided to Mentors (weather by M&F or a third party) has not been and will not be independently verified by M&F.  No representation or warranty (express or implied) is made by M&F as to the accuracy, completeness or fairness of such information.  Mentors must make their own independent examination of Founders and consider the risks involved before acquiring or subscribing for shares in Founders.
  2. M&F does not advertise or sell investment opportunities on its own behalf and will not provide any form of investment advice to Mentors.  M&F offers no advice to Mentors as to the merits of entering into a transaction of any nature with Founders including any advice as to the merits of acquiring or subscribing for shares in Founders nor does M&F offer any advice as to the merits of joining the board of Founders. Mentors may not place any reliance on M&F in respect of the suitability of any Founders introduced to them through the Mentors’ initiative.
  3. It is the Mentors’ responsibility to make their own investigation into individual Founders and by signing these Terms and Conditions, Mentors shall be deemed to have agreed and acknowledged that they have not sought or relied on advice from M&F as to the merits of any acquisition or subscription for shares in any such Founders or their appointment in any Founder.  Mentors shall further have been deemed to have agreed and acknowledged that they have not relied on any information in connection with Founders passed to them by M&F.
  4. Mentors hereby warrant and undertake that they are agreeing to these Terms and Conditions and to act as Mentors and principals and not as agents for any third parties; provided however that this paragraph shall not prohibit Mentors from arranging syndicates to invest in Founders where such Mentors are also investors in such syndicates.
  5. M&F hereby excludes to the fullest extent permitted by law, any warranty express or implied, as to the quality, fitness for purpose, accuracy, timelines, completeness or operation of the Mentors & Founders or any part of it.  M&F shall not be liable for any loss or damages, whether arising in contract, tort (including negligence or breach of statutory duty) (and including (without limitation to the generality of the foregoing) liability for any loss of profits, business, contracts, revenues, anticipated savings or other economic loss) or otherwise arising from or in connection with M&F’s operation of the Mentors & Founders for whatever reason.
  6. Mentors hereby agree to keep any information provided to them in relation to potential Founders confidential.  Mentors shall be expected to enter if necessary into separate confidentiality undertakings with Founders in respect of information to be provided by Founders.
  7. M&F is unable to provide any assurance to Mentors that it will be able to identify Founders for Mentors and accordingly by accepting this application form M&F has no obligation to effect any introduction as between Mentors and Founders.  M&F reserves the right to refuse to accept any application form at its absolute discretion.
  8. Mentors hereby confirm that to the best of their knowledge and belief the information contained in this application form is accurate and not misleading.  Mentors agree to inform M&F immediately of any material changes in the accuracy of such information and of any matter which would make such information misleading.  Mentors hereby authorize M&F to divulge such information to interested Founders as M&F may consider necessary, but not more than the contract that will be signed between M&F and Mentor during final registration of Mentor as a member of M&F allows.
  9. Mentors agree to indemnify, and keep indemnified, M&F, its officers, servants and subcontractors against all claims, costs, proceedings, demands, losses, damages, expenses or liability whatsoever arising out of or as a result of any breach, delay in performance or non-performance of any warranties, undertakings or obligations of Mentors contained in these Terms and Conditions or otherwise implied by law.
  10. Mentors undertake to infrom M&F of any investment secured through the Mentor initiative.  Mentors acknowledge that there is no guarantee that a suitable investment opportunity will be secured through the Mentor initiative.
  11. Mentors hereby agree and accept that these terms and conditions in addition with the contract that will be signed between M&F and Mentor during final registration of Mentor as a member of M&F supersede all prior agreements, and are complete and exclusive.  No oral or written information given by or on behalf of M&F shall create a warranty or collateral contract and Mentors may not rely on any such information.
  12. Participation of Mentors in the Mentors & Founders may be terminated at the sole discretion of M&F without its giving any reasons therefore at any time.  Mentors, once accepted into the Mentors & Founders, may terminate their participation at any time by giving seven (7) days written notice to M&F at its registered office. All information acquired while being a member of Mentors & Founders will be treated and keep as business secret five (5) years after termination of Mentor’s membership at Mentors & Founders.
  13. Mentors hereby consent to M&F holding personal data provided by them archived in written form and/or on computer and processing it for the purposes of the Mentors & Founder initiatives and all purposes connected thereto and making such disclosures as are necessary in relation to the Mentors & Founders initiatives and as are permitted by law. Mentors & Founders warrant that it will have all requisite consents to disclose data to M&F and will not disclose any data where there is any doubt as to whether a relevant party has consented to the disclosure of such data.
  14. Mentors shall bear sole responsibility for any costs, fees or expenses incurred by them in connection with these Terms and Conditions in addition with the contract that will be signed between M&F and Mentor during final registration of Mentor as a member of M&F and in connection with any agreements with Founders.
  15. These Terms and Conditions will be governed and construed in accordance with the laws of Republic of Serbia and Mentors hereby agree to submit to the exclusive jurisdiction of the courts of Republic of Serbia.

MENTORS & FOUNDERS (M&F) RECOMMENDS THAT INVESTORS, BEFORE ENTERING INTO A TRANSACTION INVOLVING ACQUISITION OR SUBSCRIPTION FOR SHARES, OBTAIN THE ADVICE OF A RELEVANT EXPERT AND OBTAIN APPROPRIATE DUE DILIGENCE, TAXATION AND LEGAL ADVICE.