Collection of Information about the Users
PrivatEquity may collect and process information about the Users, which is provided by them through the registration and/or submission of details to the Website, including personal details which have been submitted by them (such as name, e-mail address and residential/business address, means of communication, gender, etc.), details of the connection to the Website/to the user account (such as the username, password, etc.), areas of interest, transactions or investments that have been performed by them or which they were interested in, requests or comments or questions which have been sent by the Users, the Users’ contribution to the forums and the discussions taking place through the Website, IP addresses, and so on and so forth (the “Information About the Users”).
Your entry per se to the Website and navigation of the Website may be contingent upon the submission of information in a minimum scope about yourself. You may not use various applications on the Website, except after providing further information about yourself.
As set forth at length in the Terms and Conditions, all User Content (as defined in the Terms and Conditions) which shall be published by the Users on the Website (including on bulletin boards, blogs, forums, responses to posts, chat rooms, etc.), becomes viewable and available (and inter alia, the identification details of the Users or any part thereof become viewable and available), and it may be collected and used by other Users (and inter alia, it may be used for sending inappropriate or unacceptable notices to the Users), and you are therefore required to exercise great care before posting any User Content.
Any User who wishes to update details that have been submitted by him to the Website may do so through the Website or by sending a request to email@example.com and the request will be answered within three business days from the time that it was received by PrivatEquity.
Use of the Information about the Users by PrivatEquity
The Information About the Users shall be used by PrivatEquity for the purpose of identifying and verifying the identification of the Users, the management of the Users’ account, the provision of services to the Users, assistance in the making of transactions by the Users, the improvement and enrichment of the customer service and the content that is offered to the Users, the modification/cancellation of the services provided on the Website, the publication of information and content pertaining to the services offered on the Website by PrivatEquity, the sending of notices or warnings to the Users pertaining to the activities on the Website, the sending of information to the Users which, in PrivatEquity’s discretion and in view of the patterns of use of the Users, their location, their request, and so on and so forth, may be of interest to the Users, the processing and analysis of the patterns of activities of the Users and of the use of the Website, the conducting of market research, the planning and performance of projects and ventures, getting in touch with the Users, information security, the taking of actions and protection against acts of fraud and deceit, etc., when all of the aforesaid actions may be performed by PrivatEquity itself or subsidiaries/parent companies, suppliers and various service providers.
As set forth in the Terms and Conditions, use of the Website is limited to persons aged 18 years and above, and PrivatEquity shall not make any use of the Information About the Users should PrivatEquity become aware that it pertains to a User who is under the age of 18 years.
Use of the Information about the Users for the Purpose of Marketing and Advertising Services and Content of Third Parties
Without derogating from the foregoing, with respect to Users who have expressed/confirmed their consent for this purpose by checking the relevant box on the Website, PrivatEquity may transfer the e-mail addresses of the Users, and the areas of interest of the Users, insofar as any of them shall be provided by the Users or insofar as PrivatEquity has inferred with respect to the Users, to third parties, in order to allow the said third parties to send updates and notices to the Users with respect to the services and the marketing and commercial content which are offered by them and which may be of interest to the Users (the “Mailing”).
Any User may give notice to PrivatEquity at any time, by sending an e-mail to firstname.lastname@example.org, of his wish to stop receiving the Mailing, and in such an event, the sending of the Mailing to the User shall be terminated within three business days from the time that he give notice thereof, as aforesaid, to PrivatEquity.
It is clarified that PrivatEquity shall not transfer to third parties (which do not constitute suppliers and service providers of PrivatEquity or a party to the relevant transaction with the User) credit card details and bank account details of the Users (insofar as the said details have been submitted by the Users) or details of transactions that were performed by the Users through the Website.
Transfer of Information about the Users to Third Parties
Information about the users which pertains to the Investors (as defined in the Terms and Conditions) shall be transferred to the Fundraising Companies (as defined in the Terms and Conditions) and to any supplier or service provider who takes part in the handling of the raising of the investment for the Fundraising Companies, and Information About the Users which pertains to the Holders and to the Purchasers (as these terms are defined in the Terms and Conditions), shall be transferred between the relevant Holders and Purchasers and to any supplier or service provider who takes part in the handling of the sale of securities by the Holders, and insofar as necessary, in PrivatEquity’s opinion, for the purpose of the aforesaid handling.
PrivatEquity may submit the Information About the Users or any part thereof, upon a lawful request by any competent authority (including the tax authorities, the Authority for the Prevention of Money-Laundering, etc.) and also in any event in which, in PrivatEquity’s opinion, the submission of such information is required for the purpose of compliance with any law, regulation, legal proceeding, etc., in any case in which, in PrivatEquity’s opinion, the submission of the information is necessary for the purpose of the enforcement of the terms and conditions of use of the Website (including for the purpose of prevention or the investigation of events of fraud of deceit), for the purpose of protection against any damage or harm or for the protection of PrivatEquity’s rights (including as part of a legal proceeding that is being conducted between PrivatEquity and any of the Users) or the rights of any third party, etc.
In addition, PrivatEquity may also publish, outside the Website, including in newspapers, on websites, etc., information about companies whose securities are offered for sale by Holders.
Privacy Policies of Third Parties
As stated above, PrivatEquity allows, from time to time, third parties to advertise services and content which are provided by them on the Website. PrivatEquity has no knowledge whatsoever and it has no responsibility whatsoever with respect to the privacy policies applied by the said third parties, and any User who chooses to purchase content or services from the said third parties is required to carefully examine the privacy policies of the said third parties, and to consider whether they are suitable for his purposes.
Protection of the Information about the Users in PrivatEquity’s Databases
The Information About the Users is documented and kept in PrivatEquity’s databases, whether those which are situated at PrivatEquity itself or those which are situated with suppliers and service providers in the field of database management and protection (the “Databases”). The process for protecting such information in the Databases is done automatically, upon each entry by a user to the Website and upon the performance of any action by the User on the Website. At times, such documentation and storage is done in a manner which is not automatic, but which is initiated, in accordance with PrivatEquity’s needs.
PrivatEquity operates systems and procedures on the Website and in the Databases for information security, which systems and procedures reduce the risks of unauthorized penetration and damage to the Databases, however, they do not grant absolute immunity or absolute security against such penetration or damage and PrivatEquity does not undertake that the Website and the Databases shall be absolutely immune from unauthorized access or damage to the information situated thereon.
The Right to Inspect the Information about the Users that is Situated in the Database
In accordance with the provisions of the Privacy Protection Law, 5741 – 1981 (the “Privacy Protection Law”), a user may inspect the Information About the User which pertains to him and which is situated in the Database, and should he find that the said information which pertains to him is not correct, complete, clear or up-to-date, the User may apply to PrivatEquity with a request to amend the aforesaid information or to delete same. Without derogating from the foregoing with respect to the Mailing, any user may apply to PrivatEquity and request that his details be deleted from the Database that is used for the Mailing.
Such applications shall be sent to email@example.com or to POB 4159, Ness Ziona, 7414003, and they shall be answered within three business days from the time that they were received by PrivatEquity.
Use of Passwords
The request for use of a password prior to accessing the Website (the “Password”) is intended to ascertain that anyone who makes use of the User’s account is the User himself. Users are required to keep their password confidential, to use a password that cannot be easily guessed, not to disclose their password details to anyone else, and to replace their password from time to time.
Transfer of the Information about the Users in the Event of a Merger, Sale, Restructuring or Change of Ownership
Application of the Provisions of the Terms and Conditions and the Rest of the Investment Terms and Conditions