Terms and Conditions

1. Compliance with Laws and Regulations

You agree to comply with all applicable local, state, national, and international laws and regulations in connection with your use of our services. This includes, but is not limited to, tax laws, employment regulations, financial reporting requirements, and data protection legislation. You remain responsible for ensuring your business operations meet all legal requirements in your jurisdiction.

2. Accuracy of Information

You are responsible for providing accurate, complete, and current information to us. This includes financial records, business documentation, contact details, and any other information necessary for us to provide our services effectively. Inaccurate or incomplete information may result in errors in the services we provide, for which we cannot be held liable.

3. Timely Provision of Documents

You agree to provide requested documents and information within reasonable timeframes. Delays in providing necessary materials may affect our ability to meet deadlines or deliverables. We will work with you to establish appropriate timelines, but you acknowledge that your cooperation is essential to successful service delivery.

4. Prohibited Activities

You agree not to engage in the following activities:

• •Using our services to facilitate illegal activities, fraud, or money laundering
• •Providing false or misleading information to us or to regulatory authorities
• •Attempting to interfere with or compromise the security of our systems or data
• •Using our services in any manner that violates professional accounting standards
• •Sharing confidential information we provide to you with unauthorized third parties
• •Reverse engineering, decompiling, or attempting to extract source code from our systems

5. Professional Conduct

We expect all interactions with our team to be conducted professionally and respectfully. We reserve the right to terminate our services if you engage in harassment, discrimination, or abusive behavior toward our staff members.

6. Indemnification

You agree to indemnify, defend, and hold harmless Figment Ledger, its directors, officers, employees, and agents from any claims, damages, losses, liabilities, and expenses arising from your breach of these terms, your violation of any laws or regulations, or your misuse of our services.

1. Governing Law and Jurisdiction

These Terms and Conditions shall be governed by and construed in accordance with the laws of Victoria, Australia, without regard to its conflict of law provisions. Any legal action or proceeding arising under these terms shall be brought exclusively in the courts located in Melbourne, Victoria, and you consent to personal jurisdiction in such courts.

2. Dispute Resolution Process

In the event of any dispute arising from these terms or our services, you agree to first attempt to resolve the matter through good faith negotiation. If the dispute cannot be resolved through negotiation within 30 days, either party may pursue mediation before initiating formal legal proceedings. Both parties agree to participate in mediation in good faith.

3. Arbitration Agreement

For disputes that cannot be resolved through negotiation or mediation, you agree that such disputes may be submitted to binding arbitration in accordance with the rules of the Australian Centre for International Commercial Arbitration. The arbitration shall take place in Melbourne, Victoria, and shall be conducted in English.

4. Class Action Waiver

You agree that any dispute resolution proceedings will be conducted only on an individual basis and not in a class, consolidated, or representative action. You waive any right to participate in a class action lawsuit or class-wide arbitration.

5. Severability

If any provision of these Terms and Conditions is found to be unlawful, void, or unenforceable, that provision shall be deemed severable from these terms and shall not affect the validity and enforceability of the remaining provisions. The invalid or unenforceable provision shall be replaced with a valid and enforceable provision that most closely matches the intent of the original provision.

6. Entire Agreement

These Terms and Conditions, together with our Privacy Policy and any specific engagement letters or service agreements, constitute the entire agreement between you and Figment Ledger regarding your use of our services and supersede all prior agreements, understandings, and communications, whether written or oral.

7. Modification of Terms

We reserve the right to modify these Terms and Conditions at any time. Changes will be effective immediately upon posting to our website unless otherwise specified. Material changes affecting existing service engagements will be communicated to you directly. Your continued use of our services after changes are posted constitutes acceptance of the modified terms.

8. Assignment

You may not assign or transfer your rights or obligations under these terms without our prior written consent. We may assign our rights and obligations under these terms to any successor or affiliate without restriction. Any attempted assignment in violation of this provision shall be void.

9. Waiver

Our failure to enforce any right or provision of these terms shall not constitute a waiver of such right or provision. No waiver of any term shall be deemed a further or continuing waiver of such term or any other term.