Legal Agreement

Terms & Conditions

Your access to and usage of Equitest is governed by the following Terms and Conditions. Please read carefully before using the Services.

gavel GOVERNED BY ISRAELI LAW
business NEZIKIST GROUP LTD · N.I.F. 515556991

Legal Framework

Recently updated · June 2026

Overview

Your access to and usage of Equitest Services, provided by Nezikist Group LTD, located at Hanagar 24, Hod Hasharon, Israel, registered in Israel with N.I.F. 515556991, is governed by these Terms and Conditions.

Use of the Equitest Services is expressly contingent on your agreement to adhere to the following terms. Nezikist reserves the right to amend these Terms at any time, with or without prior notice. These Terms constitute a binding legal agreement between you and Nezikist, governed by the laws of Israel.

info Please read these Terms and our Privacy Policy carefully before using the Equitest Services.

1–2. Introduction & Definitions

SCOPE & TERMS

Introduction

1.1 These Terms apply to the access to and use of Equitest, and together with the Privacy Policy, constitute the entire agreement between you and Equitest.

1.2 The Equitest Website and Platform will be jointly referred to as "Equitest.net".

1.3 By using the online tool on Equitest.net, you agree to be bound by these Terms. If you do not agree, you are not authorized to use Equitest.

1.4 Nezikist reserves the right to amend the Terms from time to time without prior notice. Continued use of Equitest following any changes constitutes acknowledgment and agreement to those changes.

Key Definitions
  • VISITORAny person who visits Equitest.net without a registered account.
  • REGISTERED USERAny visitor who registers to the Equitest Platform and has a personal account.
  • PLATFORM SERVICESPaid services supplied by Equitest to Registered Users, including access to the platform, maintenance, updates, support, and Valuation Tools.
  • VALUATION TOOLSAnalysis of data provided by the Registered User, consisting of Input Sections, Equitest Algorithm, and Valuation Result.
  • EQUITEST ALGORITHMThe proprietary technology used by Equitest for processing and analyzing user data to generate the Valuation Result.
  • VALUATION RESULTThe result generated by the Equitest Algorithm after processing and analyzing user data.

3. Use & Restrictions

PERMITTED USE

Nezikist grants you a non-exclusive, non-sublicensable, and non-transferable right to access Equitest. The Services are provided solely for your own use.

PERMITTED

Accessing Equitest as a Visitor or Registered User for your own business valuation purposes.

PROHIBITED

Selling, sublicensing, reverse-engineering, screen-scraping, or using the Services to build competing products.

3.7 Nezikist does not guarantee complete, accurate, and timely delivery of the Services and shall not be held responsible for any failures related to hardware, software, or telecommunications.

3.8 Nezikist is entitled to make changes to the Services at any time. Continued use signifies consent to those changes.

4. Creating an Account

REGISTRATION

4.1 A visitor may optionally create an Equitest account by submitting the required information in the online registration form.

4.2 Accounts registered by robots or automated methods are not permitted and will be terminated.

4.3 You must provide your own accurate and truthful personal data during registration. You waive any claims against Nezikist related to inaccurate information you provide.

4.4 You are at all times responsible for maintaining the confidentiality of your login credentials.

4.5 You are responsible for all activities undertaken within your Equitest account.

5–6. Services & Subscriptions

PLANS & BILLING

Platform Services
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5.1 Platform Services are available solely to Registered Users, upon payment of a Service Fee.

5.2 The Service Fee is a one-time fee paid before access to the Platform Services.

5.3 The Service Fee grants access for the specific time period selected and purchased by the Registered User.

5.4 Once the Access Fee expires, users can purchase an additional period.

Subscription Plans
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6.1 When you submit an order confirmation and make the first payment for an Equitest Subscription Plan, you enter into a subscription agreement for a limited period with a definitive start and end date.

6.2 Subscription plans allow you to value a maximum number of companies as defined in the particular plan.

6.3 Plans renew on a periodic, recurring basis (each period is a "billing cycle"). You are billed 24 hours before your next billing cycle commences.

6.4 You may cancel your subscription at any time, at the latest within 24 hours before your ongoing billing cycle ends.

6.5 Cancellation requests will be confirmed by email within 24 business hours.

6.7 Upgrading or switching plans is permitted, but changes take effect from the next billing cycle.

7–8. Payment & Refunds

BILLING POLICY

Payment Terms
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7.1 All prices on Equitest.net are exclusive of applicable VAT rates.

7.2 Payments for Platform Services must be submitted prior to gaining access.

7.3 Payments are processed by a third-party online payment provider chosen at Nezikist's sole discretion.

7.4 Invoices are available through the History tab of your Billing section, or by email upon written request.

7.5 If a payment is unsuccessful, Nezikist retains the right to terminate your subscription and will notify you by email.

Refund Policy
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8.1 You may request a refund within 7 days of purchase. Refunds are granted at Nezikist's sole discretion and will not be issued for abusive, malicious, or fraudulent requests.

8.2 Nezikist's general policy is not to offer refunds 7 or more days after the purchase date, unless required under Israeli consumer protection laws.

8.3 To request a refund, complete the applicable form on the website. You will receive a response within 48 hours.

8.5 Approved refunds are generally processed through the same payment method used for the original purchase.

8.6 No refund will be approved after a user has signed the first valuation report.

10–14. Legal Provisions

LIABILITY & IP

Warranties & Limitation of Liability
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10.1 The Services are not intended as the sole basis for any decision-making. Results are based on data provided by third parties whose accuracy Nezikist cannot guarantee. Services are provided on an "as is" basis.

10.3 Nezikist disclaims all liabilities and shall not be liable for any direct, indirect, or consequential damages, including loss of profits, earnings, business, or goodwill.

10.4 Where a valid claim exists, Nezikist's liability is limited to the sum paid for Services in the year the claim arises.

Indemnity
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You agree to indemnify, defend and hold Nezikist, its parents, subsidiaries, affiliates, officers and employees harmless from any loss, cost, damage, claim or demand, including reasonable legal fees, made by any third party in connection with your use of the Services that breaches this Agreement.

Intellectual Property Rights
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14.1 Access to the Services does not grant any database rights or rights in copyright, trademarks, or other intellectual property of Nezikist or any third party.

14.2 The Services and everything on Equitest.net, including Downloadable Valuation Reports, are protected by copyright. You may not adapt, modify, reverse-engineer, or otherwise interfere with any element of the Service without Nezikist's written permission.

14.3 Nezikist's trademarks and mark registrations shall not be used without prior written authorization.

Force Majeure & Confidentiality
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15.1 Nezikist shall not be liable for failure to perform obligations caused by unforeseen circumstances beyond its reasonable control, including Internet outages, acts of war, or natural disasters.

16.1 You are prohibited from disclosing any confidential information concerning the business, affairs, customers, clients, or suppliers of Nezikist, except as required by law or court order.

12. Termination

AGREEMENT DURATION

12.1 The Terms enter into force when you register on Equitest.net and remain in force indefinitely.

12.5 If Nezikist believes you have breached any provision of this Agreement, or in the event of your insolvency or bankruptcy, Nezikist may immediately and without notice suspend your access and terminate this Agreement.

12.6 Nezikist may also terminate this Agreement if you fail to meet your obligations, publish discriminatory or offensive content, infringe third-party intellectual property rights, or have been granted a suspension of payments.

12.8 Upon termination, clauses 3, 4, 10, 11, 13, 15, 16, 17 and 18 remain in full force and effect.

17. Governing Law

JURISDICTION

17.1 If any provision of this Agreement is held to be invalid or unenforceable, that provision shall be struck out and the remaining provisions remain in full force.

17.2 This Agreement is governed by the laws of Israel. You irrevocably submit to the exclusive jurisdiction of the courts of Israel. Any disputes must be brought and decided in Israel. The UN Convention on Contracts for the International Sale of Goods is expressly excluded.

17.3 The failure of Nezikist to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right.

Questions About These Terms?

If you have any questions about these Terms and Conditions, please contact Nezikist directly through our contact page.

Contact Us