1. Purpose and Scope
This Confidentiality Policy (“Policy”) establishes the obligations governing the treatment of confidential information within the 17VLT Fund platform (“Platform”) operated by Ambersoft FZE LLC (“Company”). This Policy applies to all Founders participating in the Platform and is incorporated by reference into the Platform Terms and Conditions and the Master Cooperation Agreement (“MCA”).
In the event of conflict between this Policy and the MCA, the MCA prevails. This Policy is a public-facing summary of the Company’s confidentiality framework; detailed provisions, including specific categories of protected information and consequences of breach, are set out in Article 14 of the MCA and the non-public Confidentiality Schedule appended thereto.
The purpose of this Policy is to create an environment of trust where Founders can share their ideas and business information openly, knowing that such information will be handled with appropriate discretion by the Company.
2. Definition of Confidential Information
2.1 Founder Information
Information provided by Founders in connection with the Platform, including:
- Application concepts, product ideas, source code, and technical architecture
- Business plans, financial models, revenue data, and growth metrics
- App Store and Google Play account credentials and transfer materials
- Customer data, user metrics, and business relationships
- MCA terms, IP assignment details, and Tier-specific arrangements
- Any information marked as confidential or that a reasonable person would consider confidential given the nature of the disclosure
2.2 Platform Information
Confidential information about the Company and Platform, including:
- Scoring methodology, Tier criteria, and founder assessment processes
- Revenue distribution models and economic terms of the MCA
- IP acquisition structure and MCA mechanics
- Technical infrastructure, partner integrations, and business relationships
3. Obligations of Founders
3.1 General Duties
Each Founder agrees to:
- Treat all Confidential Information with at least the same care applied to their own most sensitive information, and no less than reasonable care
- Not disclose Confidential Information to any person outside the Platform without prior written consent of the disclosing party
- Use Confidential Information solely for the purpose of participating in the Platform
- Notify the Company within 48 hours upon becoming aware of any actual or suspected unauthorised disclosure
- Not reverse-engineer, copy, or misappropriate any Confidential Information belonging to the Company
3.2 Permitted Disclosures
A Founder may disclose Confidential Information only:
- To their legal counsel or accountants who are bound by professional confidentiality obligations
- As required by applicable UAE law, court order, or regulatory authority — with prompt prior written notice to the Company where legally permissible
- With the express prior written consent of the Company
4. Obligations of the Company
The Company commits to:
- Not sharing your app concept, business plan, MCA terms, or other submitted materials with third parties without your prior written consent
- Disclosing your information to service providers only on a need-to-know basis and subject to appropriate confidentiality or data processing agreements
- Disclosing information to regulatory authorities only when required by applicable law (including UAE AML/CFT obligations)
- Implementing appropriate technical and organisational measures to safeguard Confidential Information
5. Exclusions
Confidentiality obligations do not apply to information that:
- Is or becomes publicly available through no fault of the receiving party
- Was already known to the receiving party prior to disclosure, evidenced by contemporaneous written records
- Is independently developed without reference to the Confidential Information
- Is received from a third party who is free to disclose it without restriction
The burden of proving any exclusion rests with the party claiming it.
6. Duration
Confidentiality obligations under this Policy and Article 14 of the MCA apply:
- During the entire duration of the Founder’s participation in the Platform
- For seven (7) years following the termination or completion of the Founder’s participation
- Indefinitely with respect to trade secrets (including the Platform’s scoring methodology and MCA mechanics), as defined under DIFC Law
These obligations survive termination of participation.
7. Return and Destruction of Information
Upon termination of participation or upon written request by the Company:
- All tangible materials containing Confidential Information must be returned or securely destroyed
- Digital copies must be permanently deleted from all devices and cloud storage
- Written certification of destruction may be requested by the Company
The Company will retain its own records in accordance with its Privacy Policy and applicable UAE law (minimum 7 years for KYC/AML and financial records).
8. Consequences of Breach
8.1 Remedies
A breach of this Policy and the confidentiality provisions of the MCA may result in:
- Immediate suspension or termination from the Platform under Article 13 of the MCA
- Legal action for injunctive relief and/or damages under DIFC Law
- Liquidated damages as specified in the Confidentiality Schedule (a non-public annex to the MCA), which represent a genuine pre-estimate of likely loss and do not limit the Company’s right to claim greater proven damages
- Notification to relevant regulatory authorities where required by applicable law
8.2 Injunctive Relief
The parties acknowledge that a breach may cause irreparable harm for which monetary damages may be inadequate. The Company shall be entitled to seek injunctive or other equitable relief under DIFC Law without the requirement to post a bond or prove actual damages, and without prejudice to any liquidated damages claims.
9. Relationship to Other Agreements
This Policy is incorporated by reference into the Platform Terms and Conditions and the MCA. The confidentiality framework is governed primarily by Article 14 of the MCA and the non-public Confidentiality Schedule. In the event of conflict between this Policy and the MCA, the MCA prevails.
There is no separately executed non-disclosure agreement between the Company and Founders; all confidentiality obligations are consolidated in the MCA and this Policy.
10. Governing Law and Dispute Resolution
This Policy is governed by DIFC Law, consistent with the MCA. Disputes shall be resolved in accordance with the dispute resolution provisions in the MCA and the Platform Terms and Conditions: good-faith negotiation within thirty (30) days, followed by DIAC arbitration (seat: Dubai; language: English).
11. Amendments
The Company may update this Policy from time to time. Founders will be notified of material changes at least fourteen (14) days before they take effect. Continued participation following such notification constitutes acceptance of the revised Policy. Amendments to the confidentiality provisions of the MCA require written agreement of both Parties.
12. Acknowledgment
By participating in the Platform and executing the MCA, each Founder acknowledges that they have read, understood, and agreed to this Confidentiality Policy in its entirety. Acceptance is effected through execution of the MCA via the Platform’s e-signature interface; no separate signature on this Policy is required.
13. Contact
For questions about this Policy:
17VLT Fund — Ambersoft FZE LLC
BLA-SP1-39, AMC Boulevard-A Building, Ajman Media City, UAE
Email: legal@17vlt.com
Website: 17vlt.com
17VLT Fund — Ambersoft FZE LLC · Confidentiality Policy · June 3, 2026 · 17vlt.com