These Terms of Service ("Terms") govern your access to and use of the Nexus equity management platform ("Platform") operated by Nexus Connect AS, a Norwegian limited company registered in Oslo, Norway ("Nexus", "we", "us"). Please read them carefully before using the Platform.
1. Definitions
- "Platform" means the Nexus web application, APIs, and related services available at nexus.no and associated domains.
- "Customer" means the legal entity that subscribes to the Platform.
- "User" means any individual authorised by a Customer to access the Platform.
- "Subscription" means a paid or trial plan granting access to the Platform.
- "Customer Data" means all data, including shareholder records, transaction histories, and documents, uploaded or generated by Customer within the Platform.
- "GDPR" means Regulation (EU) 2016/679 of the European Parliament and of the Council.
2. Acceptance of Terms
By creating an account, clicking "I agree," or otherwise accessing the Platform, you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you are entering into these Terms on behalf of a legal entity, you represent that you have the authority to bind that entity. If you do not accept these Terms, you must not use the Platform.
3. Description of Services
Nexus provides a cloud-based software-as-a-service (SaaS) platform designed for private limited companies (aksjeselskaper) and other entities to manage equity-related workflows, including but not limited to:
- Cap table management and shareholder registries
- Issuance and tracking of ordinary shares, preference shares, and share classes
- Convertible notes, SAFE agreements, and other convertible instruments
- Employee Stock Option Plans (ESOPs) and vesting schedules
- Dividend management and corporate actions (splits, transfers)
- Fundraising campaign management and investor communications
- Document storage and generation
Nexus does not provide legal, tax, financial, or investment advice. All information generated by the Platform is for operational record-keeping purposes only. Customers are responsible for consulting qualified professionals regarding their specific legal or tax obligations.
4. Eligibility & Account Registration
To use the Platform you must: (a) be at least 18 years old; (b) have authority to act on behalf of the Customer; and (c) provide accurate, complete, and current registration information. You are responsible for maintaining the confidentiality of your credentials and for all activity that occurs under your account. You must notify us immediately at support@nexus.no if you suspect any unauthorised use of your account.
5. Permitted Use & Restrictions
5.1 Permitted Use
Subject to these Terms and payment of applicable fees, Nexus grants you a limited, non-exclusive, non-transferable, revocable licence to access and use the Platform solely for your internal business purposes.
5.2 Restrictions
You must not, and must not permit others to:
- Copy, modify, reverse-engineer, decompile, or create derivative works based on the Platform or its underlying code
- Sell, resell, sublicense, rent, or lease access to the Platform
- Use the Platform to store or transmit infringing, defamatory, fraudulent, or otherwise unlawful content
- Attempt to gain unauthorised access to any part of the Platform, its servers, or connected systems
- Introduce malware, spyware, or other malicious code
- Use automated scraping, crawling, or data extraction tools without prior written consent
- Use the Platform to process the equity records of companies you are not authorised to represent
6. Data & Confidentiality
6.1 Ownership of Customer Data
Customer retains all ownership rights in Customer Data. By uploading Customer Data to the Platform, you grant Nexus a limited licence to host, process, and display the data solely to provide the Services.
6.2 Data Processing
Where Nexus processes personal data on behalf of Customer as a data processor, such processing is governed by our Data Processing Agreement (DPA), which forms part of these Terms. Our Privacy Policy describes how Nexus processes personal data as a controller in its own right.
6.3 Confidentiality
Each party agrees to keep confidential all non-public information disclosed by the other party in connection with the Platform and not to disclose such information to third parties without prior written consent, except as required by law.
6.4 Security
Nexus employs commercially reasonable technical and organisational measures to protect Customer Data, including encryption in transit and at rest, role-based access controls, and regular security audits. However, no method of transmission or storage is 100% secure and Nexus cannot guarantee absolute security.
7. Intellectual Property
The Platform, including its software, design, trademarks, logos, and documentation, is the exclusive property of Nexus Connect AS and its licensors. Nothing in these Terms transfers any intellectual property rights to you. Feedback, suggestions, or ideas you submit regarding the Platform may be used by Nexus without restriction or compensation to you.
8. Subscription & Payment
8.1 Fees
Access to the Platform beyond any free-tier or trial period requires payment of the applicable subscription fee as set out in your order form or on our pricing page. All fees are quoted in Norwegian Kroner (NOK) or Euro (EUR) and are exclusive of VAT unless stated otherwise.
8.2 Billing
Subscriptions are billed in advance on a monthly or annual basis. Payments are processed by our third-party payment provider (Stripe). By providing payment details, you authorise Nexus to charge the applicable fees on the relevant billing date.
8.3 No Refunds
Except as required by applicable Norwegian consumer protection law, subscription fees are non-refundable. Nexus may, at its discretion, offer pro-rated refunds in exceptional circumstances.
8.4 Price Changes
Nexus reserves the right to change subscription fees with at least 30 days' written notice. Continued use of the Platform after the price change takes effect constitutes acceptance of the new fees.
9. Limitation of Liability
To the maximum extent permitted by applicable law, Nexus's total cumulative liability to Customer arising out of or related to these Terms shall not exceed the greater of (a) the total fees paid by Customer to Nexus in the twelve (12) months immediately preceding the event giving rise to the claim, or (b) NOK 10,000.
In no event shall Nexus be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, revenue, data, goodwill, or business opportunities, even if Nexus has been advised of the possibility of such damages.
10. Disclaimer of Warranties
THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND. TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEXUS DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. NEXUS DOES NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE FROM HARMFUL COMPONENTS.
11. Indemnification
You agree to indemnify, defend, and hold harmless Nexus Connect AS, its officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or in connection with: (a) your use of the Platform in violation of these Terms; (b) Customer Data that infringes the rights of any third party; or (c) your violation of any applicable law or regulation.
12. Termination
12.1 Termination by Customer
You may cancel your Subscription at any time through your account settings or by contacting us. Cancellation takes effect at the end of the current billing period.
12.2 Termination by Nexus
Nexus may suspend or terminate your access to the Platform immediately upon notice if: (a) you materially breach these Terms and fail to cure such breach within 14 days of written notice; (b) you fail to pay fees when due; or (c) we are required to do so by law.
12.3 Effect of Termination
Upon termination, your right to access the Platform ceases immediately. Nexus will make Customer Data available for export for 30 days following termination, after which Customer Data will be deleted in accordance with our data retention policy.
13. Governing Law & Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of Norway, without regard to its conflict of law principles. Any dispute arising out of or in connection with these Terms shall first be attempted to be resolved by good-faith negotiation. If not resolved within 30 days, the dispute shall be submitted to the exclusive jurisdiction of the Oslo District Court (Oslo tingrett).
14. Changes to These Terms
Nexus reserves the right to modify these Terms at any time. We will notify you of material changes by email or by displaying a prominent notice on the Platform at least 14 days before the changes take effect. Your continued use of the Platform after the effective date of the revised Terms constitutes your acceptance of the changes.
15. Contact Information
If you have any questions about these Terms, please contact us:
See also our Privacy Policy for information on how we collect and process personal data.