Crowdcube request to change Investor Nominee Terms

[danbeddows (Dan)]

I really don’t like the look of this document.

Also, this particular term is terrifying:

11. General

(a) Save in respect of the Crowdcube’s fraud, negligence or breach, neither Crowdcube nor the Nominee shall have any liability whatsoever to the Investor and, subject to applicable law and regulation, may use any assets it holds on trust to cover any loss, liability, damages, costs and expenses incurred or suffered by Crowdcube in the due performance of its rights and obligations under this Agreement.

They can use the value of our shares held in their trust, to cover any losses they might incur for fraud, negligence or breach of the terms.

Okay then