Terms & Conditions

Information about TimeBanco

TimeBanco is a service devoted to promoting the sharing economy and the exchange of favors and skills between its Users. Users offer their unique skills in exchange for time units of other Users.

Users may use the time units found in their own wallet (time wallets) to ask for help from other Users for an amount of time equal to that obtained by providing help and favors. To obtain time credits Users may offer their help or favors and skills to other Users or, alternatively, perform certain actions (eg. invite other friends to sign up to the service, enhance their profile etc.). These actions are specifically outlined on the home page.

Favor exchanges in between Users via TimeBanco do not trigger any monetary compensation.

Content provided by the User

Users are responsible for their own content and that of third parties that they share through TimeBanco, that they upload and post on or through TimeBanco, or that they transfer by any other means. Users confirm that they have all the necessary consents from third parties whose data and/or content they share with the Owner and hereby indemnify the Owner for any liability or claim arising against the Owner in connection with illegal distribution of third-party content or unlawful use of the Service.

The Owner does not moderate the content provided by Users or by third parties but will act if complaints are received from Users or if orders are issued by the public authorities regarding content deemed offensive or illegal.

Rights over content provided by Users

By submitting, posting or displaying content on or through TimeBanco, the User grants a license to the Owner without territorial limits, non-exclusive, royalty-free and with the right to sublicense, to use, copy, reproduce, process, adapt, modify, publish, transmit, display, and distribute such content in any media or via distribution methods currently available or developed later.

Users agree to only share content on TimeBanco that appropriately illustrates the type of service offered.

Content provided by third parties

The Owner does not moderate the content or links provided by third parties before their publication on TimeBanco. The Owner is not responsible for the content provided by third parties or for its availability.

Registration

In order to use the Service or any part of it, Users must register in a truthful and complete manner by providing all the required data in the relevant registration form. The Users must also accept the Privacy Policy and these Terms and Conditions in full. Users are responsible for keeping their login credentials confidential.

Deleting User accounts and account termination

Registered Users can cancel their accounts and stop using the Service at any time, through the interface of TimeBanco or by directly contacting the Owner.

The Owner, in case of breach of the Terms by the User, reserves the right to suspend or terminate the User's account at any time and without notice.

The Service is provided “as is”

The Service is provided by the Owner “as is”, with no express or implied warranty for accuracy or availability.

Service interruption

The Owner reserves the right to add and remove functionalities or features as well as suspend or even discontinue the Service, either temporarily or permanently. In case of final discontinuation, the Owner will do the utmost to allow Users to withdraw their information held by the Owner.

Service reselling

Users are not allowed to reproduce, duplicate, copy, sell, resell or exploit any portion of TimeBanco and of its Service without the Owner’s express prior written permission, granted either directly or through a proper reselling program.

Indemnity

The User agrees to indemnify and hold the Owner and its subsidiaries, affiliates, officers, directors, agents, co-branders, partners and employees, as the case may be, harmless from and against any claim or demand, including without limitation, reasonable lawyer's fees and costs, made by any third party due to or arising out of the User’s content, use of or connection to the Service, violation of these Terms, or violation of any third-party rights.

In particular, the Users agree to indemnify the Owner regarding any action or claim for compensation, fee, charge or penalty arising from or connected with the work done by the Users for other Users or third parties.

Forbidden use

The Service shall be used only in accordance with these Terms.

Users may not:

reverse engineer, decompile, disassemble, modify or create derivative works based on TimeBanco or any portion of it;

circumvent any technology used by TimeBanco or its licensors to protect content accessible via it;

copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided through TimeBanco;

use any robot, spider, site search/retrieval application, or other automated device, process or means to access, retrieve, scrape, or index any portion of TimeBanco or its content;

rent, lease or sublicense TimeBanco;

defame, abuse, harass, use threatening practices, threaten or violate the legal rights of others in any other way (such as rights of privacy and publicity);

disseminate or publish content that is unlawful, obscene, illegitimate, defamatory or inappropriate;

to share or authorize third parties to use their own login credentials (User ID and password) to access or share any content on TimeBanco;

to impersonate someone other than themselves;

to create an account to send spam or annoy other Users;

to publicize sales offers or sell any goods or services on TimeBanco;

perform or share any type of surveys, contests, etc on TimeBanco;

use TimeBanco in any other improper way that violates these Terms.

Privacy policy

For information about the use of their personal data, Users must refer to the privacy policy of TimeBanco which is hereby considered to be part of these Terms.

Intellectual property rights

All trademarks, nominal or figurative, and all other marks, trade names, service marks, word marks, illustrations, images, or logos that appear concerning TimeBanco are, and remain, the exclusive property of the Owner or its licensors and are protected by the laws in force on trademarks and by related international treaties.

Age eligibility

Users declare themselves to be adult according to their applicable legislation. Under no circumstance may persons under the age of 16 use TimeBanco.

Limitations of liability

The Owner, within the limits as currently set out by the applicable legislation, is liable for damage under contract and in tort to the Users or third parties only when such damage is the immediate and direct consequence, through willful misconduct or gross negligence, of the activity of TimeBanco.

The User expressly releases and exempts the Owner from any liability, to the extent permitted by the applicable law, relating to possible damage or claims of any kind, including direct, indirect, punitive, incidental, special damages related to loss of profits, loss of revenues, loss of data or costs of substitution consequential or anyhow connected to the present agreement.

The Owner is not a party to the relationship between Users and does not control the quality or arrangements of the services provided by the Users for other Users and can therefore not be held responsible for the quality, quantity and degree of diligence of the service offered by them. In addition, the Owner does not check the reliability of the comments and reviews relating to Members who offer their skills, help or favors on TimeBanco nor the veracity of the data provided by the Users on their own profile, and therefore does not assume any responsibility for that information.

Changes to these Terms

The Owner reserves the right to modify these Terms at any time, informing Users by publishing a notice within TimeBanco.

Users who continue to use TimeBanco after the publication of the changes accept the new Terms in their entirety.

Assignment of contract

The Owner reserves the right to transfer, assign, dispose of by novation or subcontract all or any rights or obligations under these Terms, as long as the User's rights under the Terms are not affected.

Users may not assign or transfer their rights or obligations under these Terms in any way without the written permission of the Owner.

Contacts

All communications relating to TimeBanco must be sent using the contacts stated in this document.

Severability

If any provision of these Terms is invalid or unenforceable, that clause will be removed and the remaining provisions shall not be affected and they will remain in force.

Governing law and jurisdiction

These Terms and any dispute concerning the implementation, interpretation and validity of this agreement are subject to the law, the jurisdiction of the state and to the exclusive jurisdiction of the courts where the Owner has their registered offices. An exception to this rule applies in cases, where the law provides a sole place of jurisdiction for consumers.

Definitions and legal references

Service

The service provided by TimeBanco as described in these Terms and in TimeBanco.

User

Any user of the Service, whether a human being or legal entity.

Terms and Conditions (or Terms)

These Terms and Conditions, which constitute a legally binding agreement between the User and the Owner.

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