Last updated: [21.11.25]

Runn Ltd (Company No. [insert], registered in England & Wales)

These Terms & Conditions (“Terms”) constitute a legally binding agreement between Runn Ltd, a company registered in England & Wales (“Runn Ltd”, “we”, “us”, “our”), and the purchasing party or authorised representative (“Client”, “you”), governing the purchase and delivery of the FounderPac service (the “Service”).

By purchasing FounderPac or engaging with any part of the Service, you confirm that you have read, understood, and agree to be bound by these Terms.

1. Scope of Service

FounderPac is a two-week creative sprint consisting of:

• Brand direction and identity assets

• A structured pitch deck

• Product concept visuals designed for storytelling, not production

• No engineering, no UX research, no final UI systems

FounderPac is intended as a pre-product, narrative-building service to support investor conversations. It is not a final product design, UX, UI kit, or technical specification.

Runn Ltd may update the scope of the Service at any time without affecting work already contracted.

2. Ownership of Deliverables

Upon full payment, the Client owns:

• Brand assets created during the sprint

• Pitch deck materials

• Product concept visuals

• All exported files and Figma source files

Runn Ltd retains ownership of any proprietary tools, workflows, frameworks, or methods used to produce the work.

Client is responsible for ensuring all content they provide (logos, images, copy, references, examples) is properly licensed or owned by them.

3. Payment Terms

FounderPac pricing: £10,450 GBP + any applicable taxes.

Payment structure:

• £5,000 upfront (non-refundable) required to secure the sprint

• £5,450 upon approval of final outcome

  Work will not be released until full payment is received.

Invoices are due immediately unless otherwise stated.

4. Refunds & Cancellations

Due to the bespoke nature of the work:

• All payments are non-refundable.

• Once the sprint has begun, the Client may not cancel for refund or credit.

• If the Client pauses, delays, or becomes unavailable, the sprint may be rescheduled at Runn Ltd’s discretion but is not eligible for partial credit or refund.

If the Client terminates the project early for any reason, completed work remains owned by Runn Ltd until all fees are fully paid.

5. Client Responsibilities

The Client must:

• Provide timely feedback during the two-week sprint

• Supply accurate information and materials

• Ensure they have rights to any content provided

• Respond to communication within reasonable timeframes to avoid delays

Delays caused by the Client do not entitle the Client to refunds, extended time, or additional services beyond the agreed two-week window.

6. Nature of Work (Important Acknowledgement)

The Client acknowledges and agrees that:

• FounderPac does not deliver production-ready UX/UI

• FounderPac does not include user research, wireframing, or technical specification

• FounderPac deliverables are conceptual visuals intended for investor storytelling

• Further product development will require additional UX and engineering work outside this agreement

The FounderPac deliverables are intended as conversation starters and strategic clarity tools, not final product design.

7. Confidentiality & NDAs

Both parties agree to keep all materials, conversations, and project information confidential unless otherwise agreed in writing.

If an NDA is requested by the Client, Runn Ltd will comply and refrain from publicly showcasing the work.

8. Showcasing Work

Unless restricted by NDA:

• Runn Ltd may showcase non-sensitive aspects of the project portfolio, website features, and marketing

• Proprietary financials or internal data will never be shared

9. Third-Party Fonts, Images & Licensing

If the project requires the use of third-party fonts, stock images, or licensed assets:

• Runn Ltd will notify the Client

• The Client is responsible for purchasing any required licenses

• Runn Ltd is not liable for misuse or unlicensed deployment of third-party intellectual property by the Client

10. Global Use & International Clients

Clients may engage from anywhere in the world.

However:

• These Terms are governed by English law

• Any license obligations (fonts, images, third-party assets) must be met in the Client’s jurisdiction

• Payments must be made in GBP

11. Limitation of Liability

To the maximum extent permitted by law:

• Runn Ltd is not liable for any indirect, incidental, special, or consequential damages

• Runn Ltd does not guarantee fundraising outcomes, investor success, or financial returns

• Runn Ltd is not responsible for technical issues, market conditions, or business performance

Total liability shall not exceed the amount paid by the Client under this agreement.

12. Governing Law

These Terms are governed exclusively by the laws of England & Wales.

13. Disputes & Jurisdiction

Any dispute arising under or in connection with these Terms shall be subject exclusively to the jurisdiction of the courts of England & Wales.

Both parties consent to this jurisdiction.

14. Variation

Runn Ltd may update these Terms from time to time.

Changes do not apply retroactively to completed work.

15. Entire Agreement

These Terms constitute the entire agreement between the parties and supersede all prior discussions, proposals, or communications.