Terms & Conditions
S&K PARTNERS GROUP LTD
Version 1.0 – Effective 21 June 2025
PLEASE READ THESE TERMS CAREFULLY. BY ACCESSING OR USING THE LOGIC-VAULT MARKETPLACE (THE “PLATFORM”) YOU AGREE TO BE BOUND BY THEM. IF YOU DO NOT ACCEPT ANY PART OF THESE TERMS, DO NOT USE THE PLATFORM.
1. WHO WE ARE
1.1 Platform Operator. The Platform is owned and operated by S&K PARTNERS GROUP LTD, a company incorporated in England & Wales (Company No. — [insert]) with its registered office at [insert address] (“S&K”, “we”, “us”).
1.2 Contact. Email: info@logic-vault.com.
1.3 Regulatory Status. S&K is not a credit institution. Pay-In and Pay-Out services are provided via regulated payment service providers. S&K itself does not hold client funds.
2. DEFINITIONS
| Term | Meaning |
| “Buyer” | A user purchasing Digital Goods on the Platform. |
| “Vendor” | A user listing Digital Goods for sale and receiving Pay-Outs. |
| “Digital Goods” | AI prompts, prompt bundles, or other intangible digital content sold on the Platform. |
| “Pay-In” | The payment by a Buyer to purchase Digital Goods. |
| “Pay-Out” | The settlement amount remitted to a Vendor after fees, chargebacks and taxes. |
| “Content” | Any text, images, data or other material uploaded or made available on the Platform. |
| “Services” | Marketplace, technical, and payment facilitation services offered by S&K. |
3. SCOPE OF THESE TERMS
These Terms govern (i) your access to and use of the Platform; and (ii) the legal relationship between Buyers, Vendors and S&K. Supplementary policies referenced herein form part of these Terms (e.g. Privacy Notice, Cookie Policy, AML Statement, Vendor Agreement).
4. ACCOUNT REGISTRATION & ELIGIBILITY
4.1 You must be at least 18 years old and have legal capacity to contract.
4.2 You must provide true, accurate and complete information during onboarding and keep it updated.
4.3 We may conduct KYC/AML checks and suspend accounts pending verification.
4.4 You are responsible for maintaining the confidentiality of your credentials and all activities under your account.
5. MARKETPLACE ROLES
5.1 Vendors
- Must conclude a separate Vendor Agreement.
- Grant S&K a non-exclusive, worldwide licence to host, reproduce, and distribute their Content for the purpose of operating the Platform.
- Warrant that Digital Goods are original, lawful, and do not infringe third-party rights.
5.2 Buyers
- Obtain a non-exclusive, non-transferable licence to use purchased Digital Goods in accordance with any Vendor-specified usage terms.
- Acknowledge that Digital Goods are delivered instantly and are exempt from statutory withdrawal rights once download/access begins, unless otherwise required by law.
6. LISTING & SALE OF DIGITAL GOODS
6.1 Vendors are solely responsible for listing information, pricing, and compliance with any applicable consumer laws.
6.2 S&K may review, refuse, or remove listings that breach these Terms or applicable law.
7. PAYMENTS, FEES & SETTLEMENT
7.1 Pay-In. Buyers may pay using supported methods (card, e-money, crypto). All amounts are displayed inclusive of VAT where applicable.
7.2 Fees. S&K charges Vendors a marketplace commission plus any processing fees disclosed in the Vendor Agreement.
7.3 Pay-Out. Net earnings are credited to Vendors on a T+7 calendar day rolling basis, subject to successful KYC and chargeback reserve.
7.4 Chargebacks & Reversals. In the event of a successful chargeback, the disputed amount and associated fees will be deducted from the Vendor’s balance or future Pay-Outs.
8. INTELLECTUAL PROPERTY & LICENCE
8.1 All intellectual property rights in the Platform and S&K Content remain with S&K or its licensors.
8.2 Vendors retain IP in their Digital Goods but grant the licences stated in Section 5.1.
8.3 Buyers may not resell or publicly distribute Digital Goods without the Vendor’s explicit consent.
8.4 We operate a notice-and-takedown procedure for alleged infringements (see IP Policy).
9. REFUND, CHARGEBACK & DISPUTE POLICY
9.1 Due to the instant and irrevocable nature of Digital Goods, all sales are final except where:
- the file is corrupted/unusable; or
- required under mandatory consumer protection laws.
9.2 Buyers must request support within 48 hours of purchase. Refunds are at S&K’s discretion.
9.3 Chargebacks initiated by Buyers may lead to account suspension pending resolution.
10. COMPLIANCE & KYC/AML
10.1 S&K adopts a risk-based approach under the UK Money Laundering Regulations 2017.
10.2 We may request proof of identity, proof of address, and (for Vendors) proof of business ownership.
10.3 Transactions involving sanctioned countries, persons or entities are strictly prohibited.
11. ACCEPTABLE USE & PROHIBITED CONDUCT
You agree not to:
- upload or sell any Content that is illegal, defamatory, or infringing;
- engage in wash-trading, market manipulation or fraud;
- interfere with Platform security;
- use bots or scraping tools without written permission;
- attempt to bypass any payment process or fees.
12. DATA PROTECTION & PRIVACY
Processing of personal data is governed by our Privacy Notice (GDPR compliant). By using the Platform you consent to such processing and warrant that all data provided is accurate.
13. SUSPENSION, TERMINATION & WITHDRAWAL OF SERVICES
13.1 We may suspend or terminate your account immediately for breach of these Terms, suspect fraud, or regulatory request.
13.2 You may close your account at any time; outstanding obligations (fees, chargebacks) survive closure.
14. DISCLAIMERS & LIMITATION OF LIABILITY
14.1 The Platform and Services are provided “as is” without warranties of any kind.
14.2 To the maximum extent permitted by law, S&K disclaims all indirect, consequential or special losses.
14.3 S&K’s aggregate liability arising out of or in connection with these Terms shall not exceed the greater of (i) £100; or (ii) the total commissions paid by you to S&K in the 12 months preceding the claim.
15. INDEMNITY
You agree to indemnify and hold harmless S&K, its directors, officers and employees from any claim arising out of your breach of these Terms or infringement of third-party rights.
16. GOVERNING LAW & DISPUTE RESOLUTION
These Terms are governed by the laws of England and Wales. The courts of London shall have exclusive jurisdiction, except that consumers resident in the EU may rely on mandatory consumer law protections and bring proceedings in their local courts.
17. CHANGES TO THESE TERMS
We may amend these Terms by posting an updated version and notifying you via email or Platform notice at least 14 days before they take effect. Continued use after the effective date constitutes acceptance.
18. MISCELLANEOUS
18.1 Assignment. You may not assign your rights or obligations without our consent.
18.2 Severability. If any clause is held invalid, the remainder remains in force.
18.3 Entire Agreement. These Terms constitute the entire agreement between you and S&K regarding the subject matter.
19. CONTACT
S&K PARTNERS GROUP LTD
[Registered Address]
Email: info@logic-vault.com
Website: https://logic-vault.com/
© 2025 S&K Partners Group Ltd. All rights reserved.
