CUBO

Smart Workspaces

Terms & Conditions

Membership Agreement

1. Definitions

2. Services

2.1 Cubo shall supply the following Services in accordance with this Agreement:

2.2 Subject to availability, additional services may be available for an additional fee, including car parking, telephone services, and other IT services.

2.3 We reserve the right to access your Office Space without prior notice for health and safety or emergency purposes, and to alter or relocate your Office Space after at least 20 Business Days' notice.

3. Rules, Obligations and Responsibilities

3.1 You acknowledge and agree that:

3.2 A Member shall not:

4. Fees

4.1 Upon signing this Agreement, you shall pay the Service Deposit, the Set-Up Fee, and the first month's Membership Fee.

4.2 Your Membership Fee is payable monthly thereafter, in advance, on the first day of each month by Direct Debit. Additional Members will result in additional fees.

4.3 Any additional fees are payable within 14 days of invoice. Cubo reserves the right to withdraw access if additional fees are unpaid.

4.4 You are obligated to make payment of all Membership Fees throughout the Initial Term notwithstanding any early termination.

4.5–4.6 On each Review Date, the Membership Fee will be increased in line with the Index of Retail Prices, with a minimum increase of 2%.

4.9 If payment is not made by the tenth of the month, interest accrues at 8% per annum.

4.12 All amounts are exclusive of VAT. VAT will be charged where applicable on receipt of a valid VAT invoice.

5. Term and Termination

5.1 This Agreement is effective when signed by both parties. We are under no obligation to provide Services until payment of Fees or the Start Date, whichever is later.

5.2 Following the Initial Term, the Agreement continues on a rolling basis ("Renewal Term"). The Membership Fee may at Cubo's discretion become the then standard fee applicable at the Main Premises.

5.4 You may terminate by providing written notice no less than the Termination Notice Period to termination@cubowork.com. The termination is effective on the later of the last Business Day of the month in which the Notice Period expires or the expiration of the Initial Term. No termination by you shall be effective during the Initial Term.

5.5 Cubo may terminate or suspend with immediate effect if you breach this Agreement, fail to pay amounts due, fail to comply with policies, or enter insolvency proceedings.

5.6 Following termination: Members shall no longer receive Services or access; all outstanding fees become immediately payable; all Cubo property must be returned.

5.8 The Service Deposit is returned within 30 days of termination, subject to your complete performance of all obligations. It cannot be used to pay other fees.

6. Limitation of Liability

6.1 Nothing in this Agreement limits liability for death or personal injury caused by negligence or fraud.

6.2 Cubo's total liability shall not exceed the total Membership Fees paid in the 24 months prior to a claim. Cubo shall not be liable for any indirect, special, incidental, or consequential losses, or any loss of profits, sales, business, agreements, contracts, data, goodwill, or business interruption.

6.3 You must notify Cubo of intent to make a claim within 12 months of becoming aware of the event.

7. Miscellaneous

7.1 Information Technology: It may be necessary to install software onto your devices to use Cubo facilities. Cubo is not responsible for any damage to your equipment.

7.3 Waiver of Claims: To the extent permitted by law, you waive claims against Cubo Parties resulting from injury, damage, destruction, theft, or loss of property, except where caused by gross negligence, wilful misconduct or fraud.

7.4 Insurance: You are responsible for maintaining personal property and public liability insurance at your own expense throughout the Term.

7.6 Data Protection: We collect, process, transfer and secure personal data in accordance with our Privacy Policy and applicable data protection laws.

8. General

8.1 Governing Law: This Agreement is governed by the laws of England and Wales. The courts of England and Wales have exclusive jurisdiction.

8.2 Variation: We may update this Agreement with notice. You are deemed to have accepted new terms after two full calendar months from the date of notice.

8.4 Force Majeure: Cubo will not be liable for delays or failures caused by events beyond its reasonable control.

8.5 Severance: If any provision becomes invalid, it shall be modified to the minimum extent necessary. The rest of the Agreement remains enforceable.

8.11 Relationship of the Parties: The relationship is not that of landlord-tenant. This Agreement creates no tenancy interest, leasehold estate, or other real property interest. The parties are independent contractors.

8.12 Confidentiality: Cubo shall hold all non-public information obtained from you in strict confidence and shall not use, copy, or disclose it for any purpose other than performing obligations under this Agreement.

8.13 Entire Agreement: This Agreement constitutes the entire agreement between the parties and supersedes all previous agreements, promises, and representations.

Questions about these terms? Contact us at enquiries@cubowork.com