Terms of service and subscription agreement
- Version 1.1 -- last updated 2018/03.
This agreement includes the terms in which Gradement OÜ (henceforth simply Gradement, us, or the company) offers its services to users and subscribers. Throughout the document the term user will refer to any person who accesses the part of our services that does not require any subscription or payment. By the term subscriber we will refer to all users who, having registered information about its payment method and explicitly accepted these conditions, have access to all the services offered by Gradement. The number of accessible services will depend on the contracted subscription mode.
By accessing and using our services, either as a subscriber or user, you agree to be bound by the terms and provisions of this agreement. All access to our services will constitute tacit acceptance (in the case of users) or express acceptance (for subscribers) of this agreement.
Elegibility & registration
Our services are not targeted towards, nor intended for use by, anyone under the age of 18. By using Gradement, you represent and warrant that:
- You are 18 years of age or older
- The services offered are solely for your use and not for a third party use
- The information provided in the subscription process is accurate and complete
- You will keep all your account information updated
The app/website and its original content, features and functionality, are owned by Gradement and are protected by international copyright, trademarks, patents, trade secrets and all intellectual proprietary laws or property rights in force. Access to Gradement does not give the user or subscriber any rights over the ownership or commercial use of the texts, images, logos, distinctive signs, animations, source code and other content included on the app/website.
The Gradement app/website may contain links to different websites controlled and managed by third parties. Any link to other websites does not imply any commercial relationship or endorsement or approval of such websites and you acknowledge and agree that we are not responsible for the content or availability of such sites.
On the other hand, any link from the web of a third party to Gradement should comply with the following considerations:
- Gradement is not responsible for the services or content made available to the public on the website from which the link is made
- The total or partial reproduction for commercial purposes, without the prior express authorization of Gradement, in the page from which the linking is made, of any of our services or contents, is not allowed
- The creation of deep links, img links or frame links to any URL of the Gradement site for commercial purposes, without prior express authorization of Gradement, is not allowed
- No false, inaccurate or incorrect statement about Gradement, or it's services and contents shall be made from de page from wich the link to Gradement is made.
- The existence of a link from another web page will not imply the existence of a commercial relationship between Gradement and the owner of that page
All scores and grades published by Gradement are calculated using accounting data, proprietary algorithms and state-of-the-art accounting analysis techniques based on the Value Investing philosophy and within the framework of the Austrian School of Economics. Since there are many schools and investing, accounting and economic philosophies, Gradement cannot be held responsible for the suitability of such data for the user or subscriber.
Also, Gradement does not guarantee the reliability or accuracy of the information supplied and will not be held responsible for any interruption of the service or errors in the calculation of the published data. Gradement limits itself to calculating grades, scores and financial statements for the covered companies based on its accounting data. This information is not intended to be investment or tax advice on any specific company.
In no event shall Gradement be liable to any user or subscriber for any damages of any kind arising out of the use of any content published on Gradement, including any investment losses.
Gradement will offer its services, except for maintenance or
Unsubscribed users have access to all the functionality of Gradement but with a limitation in the data that they have access. Only subscribed users can have access to all the data for all registered companies.
The subscription is a monthly, prepaid, renewable automatically and without any minimum period of permanence.
Once subscribed, the monthly price for each subscriber will remain unchanged for at least one year. Any change in the subscription quota will be communicated by email at least 30 days before the entry into force of the new price.
Change in registration data
Changes of residence
If you change your country of residence, you must also change your tax residence data registered in Gradement in order to apply the correct VAT tax in your monthly invoices.
It is not possible to register the change in Gradement if your new fiscal residence has a different currency than the one from your current residence. In this case you must cancel your current subscription and make a new subscription associated with your new residence.
You can make the payments associated with your subscription using PayPal or any other credit/debit card listed in our sign up page.
The subscription payments will be monthly and prepaid. An error in any of the monthly charges will result in the temporary loss of access to Gradement until the problem that caused the payment error would be resolved.
Upon subscriber request
You may cancel your subscription at any time. As soon as you unsubscribe, you will no longer have access to all companies registered with Gradement and your monthly subscription payments will no loger be charged.
Upon Gradement request
If, for any reason, we believe that you have breached any of the terms of this agreement, we may temporarily or definitively suspend your subscription. This temporary or definitive termination shall be reserved only for the most serious breaches of the agreement. In any other case we will contact the subscriber to report the breach and urge him to act according to the terms and conditions of its subscription.
This subscription agreement includes the 1.0 version of our Cookies Policy which can be accessed using the following link COOKIE'S POLICY.
Modifications to the agreement
The terms of this subscription agreement may be modified by Gradement. All changes will be published and communicated by e-mail to all subscribers at least 30 days prior to the entry into force of the new agreement terms.
The non-cancellation of the subscription following any modification of this agreement implies the acceptance of the changes in the terms of the moddified service terms and subscription agreement.
General and contact information
Throughout this document, the term Gradement refers to the commercial name of the service offered by: