SongVest Terms of Use

TERMS OF USE
Last Updated: 2/20/25

1. Acceptance of TermsThese Terms of Use ("Terms") govern your use of the service operated by RoyaltyTraders, LLC, doing business as SongVest (the "Service"), along with its affiliates and subsidiaries (collectively, "Company," "we," "us," or "our"). By accessing or using our website (www.songvest.com) and its subdomains (the "Site"), you ("User") acknowledge that you have read, understand, and agree to be bound by these Terms, whether or not you register for an account. Additional agreements may apply to specific services or transactions. In cases where another agreement conflicts with these Terms, that agreement will take precedence for the relevant aspect of the Service.

2. Changes to These TermsWe may update these Terms at any time. If we do, we will post the revised Terms on the Site and update the "last revised" date. Your continued use of the Site or Service after any updates constitutes your acceptance of the new Terms.

3. Compliance with Securities LawsNothing in these Terms shall be interpreted as waiving any rights or obligations under federal or state securities laws, including the Securities Act of 1933 and the Securities Exchange Act of 1934. SongVest sells Regulation A securities, known as "SongShares." All securities offerings comply with applicable laws, and investors should review all offering materials before investing.

4. EligibilityYou must be at least 18 years old to use the Site. By using the Site, you represent that you meet this requirement. If you violate these Terms, we may terminate your account and restrict access to the Site without notice.

5. Account Registration and SecurityBy registering on the Site, you agree to:Provide accurate and up-to-date information.Maintain the security of your password and account.Update your information as needed.Accept full responsibility for all activity under your account.

6. Bidding and PurchasingBefore bidding in an auction or purchasing a SongShare, you must verify your identity. You are responsible for reviewing all listing details before bidding or purchasing. Investments in SongShares involve a high degree of risk, and investors acknowledge that they may lose all or part of their investment.

7. Item ListingsAll items are sold "as-is." SongVest relies on sellers for listing details and conducts basic due diligence, but buyers must independently verify the accuracy of any information before purchasing. Sellers are responsible for proving legal ownership of the assets listed.

8. Auction TypesSingle-Unit Auctions: Placing a bid constitutes a binding agreement to purchase the item if you are the highest bidder and the reserve price is met. Payment must be made within 24 hours. If not, the Company may cancel the sale or resell the item, holding the original bidder liable for any costs.Multi-Unit Auctions: These are offered under Rule 506(c) of the Securities Act. Winning bids are non-binding until confirmed by the Company after verifying investor accreditation.

9. PaymentsTo use SongVest’s payment services, you must create a "Tipalti Account" and agree to Tipalti’s Terms of Service and Privacy Policy. Funds are processed through Tipalti’s financial institution partners.

10. FeesFor SongShare purchases made via credit card, a processing fee of 3.15% + $0.94 will be added to the total cost.

11. Content and Intellectual Property

A. Third-Party Content
SongVest may use information from external sources, rewritten or adapted for informational purposes.While we strive for accuracy, we do not guarantee the reliability of such third-party content.SongVest assumes no liability for errors or omissions in this information.
B. User-Generated ContentUsers may post reviews, comments, or feedback. By submitting content, you grant SongVest a non-exclusive, royalty-free, worldwide license to use, reproduce, modify, and distribute such content.You must ensure that your content does not infringe any third-party rights or contain unlawful material.

12. Prohibited ConductYou may not:Use automated tools to extract data from the Site.Modify, distribute, or reproduce Site content.Violate any applicable laws.Engage in any fraudulent or harmful activity. We may terminate your account for any violation of these Terms.

13. Seller ResponsibilitiesAccuracy of Information: Sellers must provide complete and accurate details about their royalties, copyright ownership, and any associated rights. Any false or misleading information may lead to account termination and legal action.

Proof of Ownership: Sellers must submit verifiable proof of their legal ownership or rights to the assets they list.

Indemnification: Sellers agree to indemnify and hold SongVest harmless from any disputes regarding ownership claims, misrepresentations, or liabilities related to the listed assets.

14. Copyright ComplaintsIf you believe your copyright is being infringed, contact us at: Copyright Agent RoyaltyTraders LLC dba SongVest 1053 East Whitaker Mill Rd, Suite 115 Raleigh, NC 27604 Email: info@songvest.com

15. Dispute ResolutionAny disputes between users and SongVest shall be resolved through binding arbitration in Tennessee.  Users waive the right to participate in class-action lawsuits.

16. Governing LawThese Terms are governed by the laws of North Carolina, without regard to conflict of law principles.

17. IndemnificationYou agree to indemnify the Company against any claims, damages, or expenses arising from your use of the Site.

18. Modifications to TermsSongVest reserves the right to update these Terms at any time. Users will be notified of changes via email or a notice on the Site.

19. Privacy PolicyBy using our services, you acknowledge and agree to the collection, use, and sharing of your information as described in our Privacy Policy https://www.songvest.com/privacy-policy.

20. Contact InformationFor questions about these Terms, please contact us at info@songvest.com.