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Terms and Conditions

Last updated: 1st August 2025

1 Introduction

1.1 Scope

These are the Terms and Conditions (Terms) governing the use of the CarbonTrail website accessible at https://carbontrail.co (Website) and the service provided through the Website (Service). These Terms set out the rights and obligations of all users regarding the use of the Website and Service and set out the agreement between You and Us.

1.2 Acceptance

2 Definitions and Interpretation

2.1 Definitions

For the purposes of these Terms, as the context permits, the following terms have the following meanings:

“Account” means a unique account created for You to access the Service or parts of the Service.

“Accounting Tool” means a third-party piece of software used to manage and maintain the finances of an organisation.

“Data” means any data inputted into the Service by or on behalf of a user of the Service, including data sourced through an Accounting Tool or uploaded by the user, including the following information about the user and any of its Related Entities:

“External Invited User” means Invited Users that are not Your personnel or personnel of Your Related Entities, e.g. a Sponsor, an accountant, auditor or investor.

“Feedback” means feedback, innovations, or suggestions sent by You regarding the attributes, performance or features of the Service or Website.

“Fees” means the fees (plus GST) payable for Your use of the Service (and for any products that may be available through the Service, such as a certification), either as agreed between You (or a Sponsor) and Us in writing, or otherwise as set out on the Website, and as updated from time to time by Us.

“GST” means goods and services tax under the Goods and Services Tax Act 1985.

“Internal Invited User” means Invited Users that are Your personnel or personnel of Your Related Entities.

“Invited User” means a person who been invited by You to use the Service and/or authorised to access Your Data in accordance with clause 3.6(a).

“Premium Subscription” means a premium subscription to the Service as described on the Website at [insert].

“Privacy Policy” means Our privacy policy accessible on the Website.

“Related Entity” means an entity that controls, is controlled by or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest, or other securities entitled to vote for election of directors or other managing authority.

“Shared Third Party Data” means any Data:

“Sponsor” means any third party entity that has sponsored (or agreed to sponsor) Your use of a Standard Subscription.

“Standard Subscription” means a standard subscription to the Service as described on the Website at [insert].

“Subscription Term” has the meaning defined in clause 6.

“Third-Party Service” means any service provided by a third-party (including Your Accounting Tool) that may integrate or interoperate with the Service, including by providing credentials used to create an Account.

“Transactional Data” means financial data that is imported from an Accounting Tool or accounting records.

“You” means the individual accessing or using the Service or Website, or the person on behalf of which such individual is accessing or using the Service or Website.

“Your Data” means any Data inputted into the Service by You or on Your behalf, including Data sourced through Your Accounting Tool or uploaded by You.

"We", "Us" or "Our" means CarbonTrail Limited, a duly incorporated company registered in New Zealand.

2.2 Interpretation

In these Terms, unless the context otherwise requires:

3 User Accounts

3.1 Eligibility

To be eligible to use the Service You must be eighteen (18) years of age or older and have the capacity to form legally binding contracts under New Zealand law. If You are not eighteen (18) years of age or older, or do not have capacity to contract, please do not register to use the Service.

3.2 Process for registration

To request registration to use the Service, You must accept these Terms and provide Us with all user account details and other information requested by Us (either directly, or through a Third Party Service), which may include Your name, email address, physical address, and phone number. If any Account information is inaccurate or out-of-date, please let Us know immediately.

3.3 Privacy Policy

3.4 Warranties

By registering to use, or using the Service, You represent and warrant that:

3.5 Security

3.6 Invited Users

4 Use of Your Data and Data Protection

4.1 Acknowledgements

Transparency is one of Our core values at CarbonTrail. This value applies to Our use of Your Data, so the following acknowledgements are important for You to understand as the basis on which You provide Your Data:

4.2 Consents

You grant Us, and must arrange, all necessary consents and approvals for:

4.3 Protection of Your Data

We will:

5 Your Responsibilities

5.1 Use of Service and Shared Third Party Data

You:

5.2 Data Backups

You:

6 Subscriptions and Payment

6.1 Subscriptions

6.2 Fees

Except where you are using a Sponsored Subscription, You agree pay to Us the Fees and all other amounts, plus GST, either through the Service, through a Third-Party Service, through a payment processor, or upon invoice by Us by the specified due date. Fees must be paid in full without set-off or deduction. Fees paid are non-refundable, except where We (at Our sole discretion) agree to provide a pro-rata refund where a Subscription Term terminates partway through.

6.3 Sponsor

If a Sponsor ceases to pay for You to use a Sponsored Subscription, Your right to access and use the Service will be paused and You may elect to have the Fees charged directly to You. If You do not make arrangements to have the Fees charged directly to You within 30 days of the Sponsor ceasing to pay for You to use the Sponsored Subscription, We may terminate Your account and Your right to access and use the Service.

6.4 Subscription upgrade

6.5 Payment method

You may pay the Fees by bank account transfer, direct debit, or by credit card. If You supply Your credit card details, You authorise Us and/or any payment processor or Third-Party Service to process payment of the Fees and any other outstanding amounts (as applicable) as they become due. You acknowledge that any payment processor or Third-Party Service may have separate terms applicable to processing payments, and You are responsible for reading and accepting those terms.

6.6 Non-payment

If You do not or (if applicable) a Sponsor does not pay any amount due, without limiting any of Our other rights or remedies, We may temporarily suspend Your right to access and/or use the Service. Except where you are using a Sponsored Subscription, We may also charge You default interest which becomes immediately due for payment, and/or require You to pay, on demand, all costs and expenses incurred by Us in the recovery or attempted recovery of any overdue amount, including any debt collection agency fees, legal fees and administration costs.

6.7 Fee changes

We update the Fees on Our Website from time to time. Where We have agreed Fees with You for a Subscription Term, the Fees applicable during any subsequent Subscription Term will be calculated at Our then-current Fees, unless expressly otherwise agreed in writing with You.

7 Intellectual Property

7.1 Your Data

We claim no ownership rights over any of Your Data that You supply through use of the Service. Nothing in these Terms transfers ownership of any of Your Data. However, You acknowledge that the models We use to provide the Service, which are derived from anonymised data, are owned by Us, in accordance with clause 7.3.

7.2 Shared Third Party Data

All title to, and intellectual property rights in, Shared Third Party Data remains the property of the relevant third party.

7.3 Our rights

Title to, and all intellectual property rights in, the Service and Website (excluding Data, but including the models We use to provide the Service, which are derived from anonymised data) and all information, text, graphics, artwork, photographs, logos, icons, sound recordings, videos and look and feel forming part of the Service or Website, and all underlying systems, features, and functionality are the property of Us and/or Our licensors. Nothing in these Terms transfers that ownership and You agree to not dispute Our ownership of such items at any time.

7.4 Protection of Intellectual Property

The Website and Service is protected by copyright, trade mark, and other laws of both New Zealand and other countries. Our trade marks and trade dress may not be used in connection with any product or service without Our prior written consent.

7.5 Licence for Your Data

You grant Us a worldwide, non-exclusive, fully paid up, transferable, perpetual, irrevocable, sub-licensable, licence to use, store, copy, modify, translate, make available and communicate Your Data for any purpose connected with the exercise of Our rights and performance of Our obligations under these Terms.

7.6 Feedback

You assign all rights, title and interest in any Feedback You provide Us. If for any reason such assignment is ineffective, You agree to grant Us a non-exclusive, perpetual, irrevocable, royalty free, worldwide right and licence to use, reproduce, disclose, sub-license, distribute, modify and exploit such Feedback without restriction.

8 Cancellation and Termination

8.1 Cancellation by You

8.2 Suspension or termination by Us

We may suspend or terminate Your Account immediately, without prior notice or liability, if We reasonably consider that You have:

8.3 Consequences of Termination

9 Warranties

9.1 General

The Service is provided to You "AS IS" and "AS AVAILABLE" and with all faults and defects without warranty of any kind.

9.2 Disclaimers

9.3 Exclusion

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights, so some or all of the above exclusions and limitations may not apply to You. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

10 Liability

10.1 Exclusions

To the maximum extent permitted by law, in no event shall We or Our suppliers be liable for any:

arising out of or in any way related to the use of or inability to use the Service, third-party software and/or third-party hardware used with the Service, or otherwise in connection with any provision of this Terms), even if We or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.

10.2 Shared Third Party Data

You acknowledge and agree that:

10.3 Limitation

Notwithstanding any damages that You might incur, to the maximum extent permitted by law, the entire liability of Us and any of Our suppliers under or in connection with these Terms and/or Your use of the Service and/or the Shared Third Party Data, and Your exclusive remedy for all of the foregoing, shall be limited to the amount actually paid by You for use of the Service in the six months immediately preceding the most recent event giving rise to liability.

11 Links to Other Websites and Services

The Website may contain links to third-party websites or services that are not owned or controlled by Us (including Third-Party Services). We have no control over, and assume no responsibility for, the content, privacy policies, or practices of any third party websites or services. You further acknowledge and agree that We shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such websites or services. We strongly advise You to read the terms and privacy policies of any third-party websites or services that You visit.

12 General

12.1 Agreement

Except as provided in this clause 12.1, these Terms and Our Privacy Policy set out everything agreed by the parties regarding Your use of the Service and supersede anything else discussed, exchanged or agreed prior to You agreeing to these Terms. However, if We and You have entered into a separate agreement that refers to, or incorporates, these Terms, then these Terms will apply subject to that separate agreement.

12.2 Severability

If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

12.3 Waiver

Except as provided in these Terms, the failure to exercise a right or to require performance of an obligation under these Terms shall not affect a party's ability to exercise such right or require such performance at any time thereafter nor shall the waiver of a breach constitute a waiver of any subsequent breach.

12.4 Force majeure

We are not liable to You for any failure to provide the Services or to otherwise perform Our obligations under these Terms to the extent the failure is caused by something beyond Our reasonable control.

12.5 Assignment

You may not assign or transfer any right or obligation under these Terms without Our prior written consent. We may, assign, transfer or novate any or all of Our rights and obligations under these Terms to any Related Entity or successor entity (including any entity that acquires all or any part of Our business or assets).

12.6 Changes to These Terms

12.7 Governing Law and Jurisdiction

12.8 Dispute Resolution

If You have any concern or dispute about the Service, You agree to first try to resolve the dispute informally by contacting Us. If this does not resolve the dispute, then:

12.9 Contact Us

If You have any questions about these Terms, You can contact Us at hello@carbontrail.co or by using the contact details provided on the Website.