Legal

License Agreement

Draft — not yet published

Draft for counsel review. This is the agreement referenced at sign-up: it binds operators that subscribe to the platform, and Part B binds members granted portal access by their operator. Items in [brackets] require a business or legal decision. Commercial terms (fees, plan limits) belong in the order form, not here.

1. Parties and structure

This License Agreement is between [LEGAL ENTITY NAME — COUNSEL] (“CASPOMA”) and the operator or company that opens a platform account (the “Operator”). Part A governs the Operator’s subscription. Part B sets the terms on which individuals invited by the Operator (“Members”) access the member portal. Accepting this agreement at sign-up records the specific published version accepted, its effective date, and its content fingerprint.

Part A — Operator subscription

2. The service

CASPOMA provides a hosted cask portfolio platform: a system of record in which the Operator maintains its members, casks, costs, documents, and the history of changes to them, presented to Members under the Operator’s own branding. We grant the Operator a non-exclusive, non-transferable right to use the platform for its own operations during the subscription term.

3. The Operator’s records belong to the Operator

  • All data the Operator or its Members enter into the platform (“Operator Data”) belongs to the Operator. We claim no ownership of it.
  • Tenant isolation is enforced at the database layer: Operator Data is not visible to any other operator.
  • Every change to a record is logged, and prior states are recoverable. Records are modified only through the actions of the Operator, its Members, or on the Operator’s documented instructions.
  • The Operator may export its Operator Data at any time during the term in a machine-readable format.

4. What CASPOMA is not

  • We are a software provider. We are not a party to any sale, purchase, or management of casks between the Operator and its Members or anyone else.
  • We do not hold, custody, or insure casks, spirits, or client money.
  • Records in the platform reflect the data the Operator and its Members put into it. We do not verify title to casks, warehouse holdings, valuations, or any other underlying facts.
  • We do not provide financial, investment, tax, or legal advice, and we are not authorised or regulated by any financial regulator.

5. Accounts and responsibilities

The Operator is responsible for: the accuracy of Operator Data; safeguarding administrator credentials; ensuring it has the right to put Members’ personal data into the platform; and its own compliance with laws that apply to its business, including any consumer, advertising, or anti-money-laundering rules that apply to selling casks. We are responsible for operating the platform in accordance with this agreement.

6. Fees

Fees, billing frequency, and plan limits are as stated in the order form. [PAYMENT TERMS, LATE PAYMENT, AND TAX TREATMENT — DECIDE.] We may suspend access for material non-payment after [NOTICE PERIOD — DECIDE] written notice.

7. Data protection

For personal data in Operator Data, the Operator is the controller and CASPOMA processes it only on the Operator’s documented instructions, under [DATA PROCESSING ADDENDUM — COUNSEL TO PREPARE; include sub-processor list, transfer mechanism, and breach notice periods]. Our Privacy Policy describes processing on this website.

8. Availability, support, and security

We operate the platform with the care of a professional software provider: [AVAILABILITY TARGET / SLA — DECIDE whether to commit to a number or to “commercially reasonable efforts”], scheduled maintenance announced in advance, daily backups held in more than one location, and support via [SUPPORT CHANNEL AND HOURS — DECIDE]. We will notify the Operator without undue delay of any security incident affecting Operator Data.

9. Confidentiality

Each party keeps the other’s non-public information confidential and uses it only to perform this agreement. This survives termination.

10. Intellectual property

CASPOMA owns the platform, its software, and all improvements. The Operator owns its branding and Operator Data. Feedback may be used to improve the product without obligation.

11. Warranties and disclaimers

We warrant that the platform will perform materially as described in this agreement. Otherwise, to the fullest extent permitted by law, the platform is provided without further warranties. The Operator acknowledges that decisions it or its Members take about casks are their own; the platform is a record, not a recommendation.

12. Liability

Neither party excludes liability that cannot lawfully be excluded. Subject to that, neither party is liable for indirect or consequential loss, and each party’s total liability under this agreement is capped at [CAP — commonly the fees paid in the preceding 12 months; COUNSEL].

13. Term, termination, and what happens to the records

  • The agreement runs for the term in the order form and renews per the order form.
  • Either party may terminate for material breach unremedied [30] days after written notice.
  • On termination, the Operator has [EXPORT WINDOW — e.g. 60 days — DECIDE] to export Operator Data, after which we delete it from production systems within [DELETION WINDOW — DECIDE], except where law requires longer retention.

14. Changes to this agreement

This agreement is versioned. We may publish a new version with at least [30] days’ notice before its effective date; the notice period is visible because the new version is published in advance at its own address. If the Operator does not accept a new version, it may terminate before the effective date and export its data as above. Continued use after the effective date is acceptance. The version a Operator or Member accepted, and its content fingerprint, remain permanently verifiable.

Part B — Member portal terms

15. Members’ access

Members access the portal at their Operator’s invitation, to view and interact with records their Operator maintains about them. By using the portal a Member agrees to this Part B.

  • The portal shows records kept by the Operator. Questions about a holding, valuation, cost, or document belong to the Operator; CASPOMA cannot alter a Operator’s records for a Member.
  • Nothing in the portal is advice or a solicitation. CASPOMA is not a party to any Member’s dealings with their Operator.
  • Members must keep their credentials secure and not misuse the portal (Section 5’s security obligations apply equally).
  • A Member’s personal data in the portal is controlled by their Operator and processed by CASPOMA on the Operator’s behalf; rights requests should go to the Operator first.

16. General

This agreement with the applicable order form is the entire agreement, superseding prior discussions. Neither party may assign it without consent, except to an affiliate or in a corporate transaction. Notices go to the addresses in the order form. If a clause is unenforceable, the rest stands. Governing law and forum: [JURISDICTION AND COURTS / ARBITRATION — COUNSEL].

17. Contact

legal@caspoma.com