Terms of Service

Version 1.0 · Effective from 11 September 2026

Provider: Seastone, a trading name of Advetica Marketing, sole proprietorship (Einzelunternehmen), proprietor Richard Besier
Address: Weinfeldstraße 36, 65187 Wiesbaden, Germany
Contact: hello@seastonehq.com · +49 1523 6174677
VAT identification number: DE367467008

1. Scope and Structure of the Agreement

1.1 These Terms of Service ("Terms") govern all services provided by Seastone ("Seastone", "we", "us") to a business customer ("Client", "you").

1.2 The complete agreement between Seastone and Client (the "Agreement") consists of: (a) these Terms; (b) the proposal, order form, or quote accepted by Client (the "Order"), which sets out the mandate, tiers, fees, and any client-specific provisions; and (c) the Privacy Policy at https://seastonehq.com/privacy-policy.

1.3 Where the Order and these Terms conflict, the Order controls, but only to the extent it expressly and specifically overrides a provision of these Terms. General or inconsistent wording in an Order does not displace these Terms.

1.4 These Terms apply exclusively. Any terms proposed by Client — including terms in a purchase order, vendor portal, or Client's own standard conditions — do not apply and are not accepted, even where Seastone performs without objecting to them.

1.5 Services are offered only to businesses, entrepreneurs, and legal persons acting in a commercial or professional capacity. Seastone does not contract with consumers.

2. Definitions

Qualified Lead — a single operating business, resolved and enriched, that has fired at least one Signal and satisfies every criterion of the Mandate.

Signal — a structural indicator of ownership transition derived by Seastone from a public filing or public record.

Mandate — the sourcing configuration agreed in the Order, as amended in writing.

Batch — a scheduled delivery of Qualified Leads.

Review Window — the period of seven (7) days following delivery of a record, during which Client may reject that record under Section 6.

Minimum Monthly Volume and Monthly Cap — the lower and upper bounds of the range of Qualified Leads in the tier selected in the Order.

Delivery Credit — an obligation on Seastone to deliver Qualified Leads in a subsequent period in addition to that period's Minimum Monthly Volume.

Contact — an individual person associated with a Qualified Lead and included in outreach.

Outreach Services — the optional add-on described in Section 8.

3. Services

3.1 Seastone operates a deal-sourcing engine that detects Signals in public filings and public records, resolves the filing entity to an operating business, enriches it, and qualifies it against Client's Mandate.

3.2 Seastone delivers Qualified Leads to Client at the cadence and by the method stated in the Order.

3.3 Every Mandate runs against the entire Signal library. Signals are not enabled or disabled per Client. Fit is enforced at qualification, and entities that do not satisfy the Mandate are not delivered.

3.4 Seastone may add, retire, or modify Signals, sources, enrichment methods, and delivery infrastructure at any time, provided the qualification standard in Section 5 is maintained.

4. Mandate

4.1 Client's Mandate is configured from information Client provides at onboarding. Client is responsible for the accuracy and completeness of that information.

4.2 Client may request Mandate changes in writing at any time and at no charge. Changes take effect from the next scheduled Batch.

4.3 Seastone may decline a Mandate, or require it to be narrowed or widened, where the Mandate as specified cannot be served at the tier selected.

5. Qualification Standard

5.1 A record is a Qualified Lead only where the Signal is evidenced against the cited source and every Mandate criterion is satisfied.

5.2 Each delivered record carries its Signal provenance: the source document, the jurisdiction, and the date the Signal fired.

5.3 Enrichment fields are delivered with an explicit status — observed, checked and absent, or unknown. Seastone does not represent a field as observed where it has not been.

5.4 Seastone will not relax the qualification standard in order to meet a Minimum Monthly Volume.

6. Delivery, Review and Shortfall

6.1 Seastone will deliver at least the Minimum Monthly Volume and up to the Monthly Cap in each billing period. Qualified Leads in excess of the Monthly Cap are held and delivered in the following period unless Client authorises a tier upgrade in writing.

6.2 Client may reject a delivered record within the Review Window on the grounds that it does not match the Mandate, that the Signal cannot be evidenced against the cited source, or that it duplicates a record delivered previously. Records not rejected within the Review Window are accepted.

6.3 Validly rejected records do not count toward the Minimum Monthly Volume or the Monthly Cap and are replaced by Delivery Credit.

6.4 Non-response by a business owner, or a statement by an owner that the business is not for sale, is not a valid ground for rejection.

6.5 Filing-derived supply varies by period, jurisdiction, and vertical. Where a period delivers fewer Qualified Leads than the Minimum Monthly Volume, the shortfall accrues as Delivery Credit and is delivered in addition to the following period's Minimum Monthly Volume.

6.6 Delivery Credit accrues for a maximum of three (3) consecutive periods. Where Delivery Credit remains outstanding at the end of that period, Seastone will move Client to the tier corresponding to actual delivered volume with effect from the following period and credit the fee difference for the affected periods.

6.7 Delivery Credit and tier correction under Section 6.6 are Client's sole and exclusive remedies for shortfall. No other refund, fee credit, or damages arise.

7. Data Licence and Permitted Use

7.1 Seastone grants Client a non-exclusive, non-transferable, revocable licence to use delivered records solely for Client's own internal deal-sourcing and acquisition activity.

7.2 Client may not resell, redistribute, sublicense, publish, or otherwise make available the records or any dataset derived from them to any third party, and may not use them to train, fine-tune, or evaluate any model or product offered to third parties.

7.3 Client may share individual records with its own advisers, lenders, and investors to the extent necessary for a specific transaction, provided those recipients are bound by equivalent restrictions.

7.4 Client may not attempt to reverse-engineer the Signal library, taxonomy, qualification logic, or scoring from delivered records.

7.5 Exclusivity, if any, is stated in the Order. Absent an express exclusivity provision, records are delivered non-exclusively.

7.6 This Section survives termination.

8. Outreach Services (Optional Add-On)

8.1 Where the Order includes Outreach Services, Seastone acquires and configures dedicated sending domains and mailboxes, warms them, writes and iterates sequence copy, sends to Contacts drawn from delivered Qualified Leads, classifies replies, and calls interested replies.

8.2 Sending begins after warm-up, approximately two (2) weeks from the start of Outreach Services. Outreach fees begin on the date sending starts.

8.3 Client approves the positioning, offer, and represented identity before any sending, and approves any material change to them. Seastone sends only copy Client has approved.

8.4 Client warrants that all statements it approves concerning Client, its capital, its track record, and its intentions are accurate and not misleading, and indemnifies Seastone against claims arising from inaccurate representations Client has approved.

8.5 Seastone acquires and holds sending domains and mailboxes for the duration of the engagement. On cancellation or termination, Seastone will transfer the registered sending domains to Client at Client's cost; mailboxes are decommissioned. Use of a domain mirroring Client's name confers no trademark rights on Seastone.

8.6 Sending reputation is actively managed but not warranted. Where a domain or mailbox is degraded or blocklisted, Seastone's sole obligation is to replace and re-warm the affected infrastructure at its own cost. No fee credit or refund arises from a deliverability event.

8.7 Seastone commits to the Contact volume for Client's tier, to maintaining infrastructure in good standing, to handling replies and calls within the windows stated in the Order, and to monthly reporting. Reply rates, meeting counts, qualified conversations, and transaction outcomes are not committed and are not a measure of performance under the Agreement.

8.8 Outreach Services run co-terminously with the data services and cannot be cancelled separately from them.

9. Nature of the Service; No Brokerage or Advice

9.1 Seastone is a data and outreach services provider. Seastone is not a registered broker-dealer, business broker, investment adviser, or M&A intermediary.

9.2 Seastone does not solicit, negotiate, structure, or advise on any transaction, does not participate in transaction terms, and charges no fee contingent on the occurrence, size, or terms of any transaction.

9.3 Qualified Leads are identified on structural criteria from public records. Seastone makes no representation or warranty that any business is for sale, that any owner intends to sell, that any owner will respond to contact, or that any transaction will result.

9.4 Nothing delivered by Seastone constitutes legal, tax, financial, valuation, or investment advice. Client is solely responsible for its own diligence and for engaging its own advisers.

10. Data Provenance and Accuracy

10.1 Records derive from public filings and public records collected from primary sources.

10.2 Seastone represents that each delivered Signal is evidenced against the cited source as of the cited date.

10.3 Seastone does not warrant the accuracy, currency, or completeness of underlying public records, and enrichment fields are provided on a best-effort basis with their status disclosed under Section 5.3.

10.4 Client is responsible for verifying any record before relying on it.

11. Acceptable Use

Client shall not use the services, or any record delivered:

  • in breach of applicable law, including data protection, anti-spam, telemarketing, sanctions, and competition law;
  • to harass, defraud, impersonate, or threaten any person;
  • to build, populate, or enrich a competing data product or lead database;
  • to conduct outreach in Client's own name using contact data in a manner that would be unlawful in the recipient's jurisdiction;
  • in a manner that could bring Seastone's sending infrastructure or reputation into disrepute.

Client is solely responsible for the lawfulness of any outreach it conducts itself using delivered records, including obligations under the CAN-SPAM Act, the Telephone Consumer Protection Act, applicable state telemarketing and call-recording law, and any applicable non-US regime.

12. Fees, Billing and Non-Payment

12.1 Fees, tiers, and billing cadence are stated in the Order. The monthly fee is fixed and does not vary with the number of Qualified Leads delivered in a period. Seastone charges no setup fees.

12.2 Monthly fees are payable in advance.

12.3 All fees are exclusive of VAT and any other applicable taxes, which will be charged or accounted for as required by law. Client is responsible for any withholding or local tax imposed in its jurisdiction, and fees are payable net of such deductions.

12.4 Where Client authorises card, ACH, or subscription-link payment, Client authorises Seastone and its payment processor to charge recurring fees on or about the same day each month.

12.5 If a payment is late, reversed, disputed, or charged back, Seastone may suspend delivery and Outreach Services and withhold records until the account is current. All fees remain due during suspension.

12.6 Past due amounts accrue interest at the statutory rate under § 288 BGB, and Client is responsible for reasonable collection costs.

12.7 Client may not withhold or offset payment on the basis of deal outcomes, owner responsiveness, reply rates, or any dispute. Shortfall is remedied solely under Section 6.

12.8 Seastone may adjust fees on at least thirty (30) days' written notice. An adjustment takes effect from the first billing period beginning after the notice period ends. Client's remedy is to cancel the Agreement under Section 13 before the adjustment takes effect.

13. Term, Cancellation and Termination

13.1 The Agreement begins on the Effective Date and continues until it is cancelled or terminated under this Section. There is no minimum term. The "Effective Date" is the date Seastone receives the first payment.

13.2 Either party may cancel the Agreement at any time on at least thirty (30) days' written notice. Cancellation takes effect at the end of the notice period, and fees remain due for the notice period.

13.3 Stopping payment, disabling a card, or cancelling a subscription does not constitute notice of cancellation. Fees continue to accrue until the Agreement is cancelled under Section 13.2.

13.4 Seastone may terminate the Agreement with immediate effect on written notice where Client is in material breach and has not cured the breach within fourteen (14) days of notice, where any payment is more than thirty (30) days overdue, or where continued performance would breach applicable law.

13.5 The right of either party to terminate the Agreement for good cause under § 314 BGB is unaffected.

13.6 On cancellation or termination, Client's licence under Section 7 continues for records already delivered and paid for, subject to the restrictions in that Section. Access to the delivery portal ceases when the Agreement ends; Client is responsible for exporting its records before then.

14. Confidentiality

14.1 Each party will keep the other's confidential information in confidence and use it only for the purposes of the Agreement.

14.2 Client's Mandate, thesis, pipeline, and outreach performance are confidential to Client. Seastone's Signal library, taxonomy, qualification logic, enrichment architecture, models, pipeline, and sequence copy are confidential to Seastone.

14.3 The obligation does not apply to information that is public other than through breach, was lawfully known before disclosure, is independently developed, or must be disclosed by law or regulatory authority — in which case the disclosing party gives notice where lawful.

14.4 Seastone will not publish, name, or otherwise identify Client, Client's Mandate, or any business sourced for Client in any marketing material, case study, website, or public statement without Client's prior written permission.

14.5 This Section survives termination for three (3) years, and indefinitely for trade secrets.

15. Data Protection

15.1 In respect of contact data relating to identified or identifiable individuals, Seastone acts as an independent controller for its own collection, enrichment, and quality-assurance processing, and Client acts as an independent controller for its own subsequent use.

15.2 Seastone processes personal data in accordance with applicable data protection law, including Regulation (EU) 2016/679 (GDPR). Information on the processing of personal data on Seastone's website is provided in the Privacy Policy at https://seastonehq.com/privacy-policy.

15.3 Seastone collects and discloses business contact data on the basis of its legitimate interests under Art. 6(1)(f) GDPR.

15.4 Where Outreach Services are provided, Seastone processes Contact data on Client's documented instructions to the extent it acts as processor, and the parties will enter into a data processing agreement in accordance with Art. 28 GDPR before Outreach Services begin.

15.5 Client will process delivered personal data in accordance with applicable law, will honour opt-out and deletion requests it receives, and will notify Seastone of any request that relates to data Seastone supplied.

15.6 Each party will notify the other without undue delay of any personal data breach affecting data exchanged under the Agreement.

16. Intellectual Property

16.1 The Signal library, taxonomy, qualification logic, enrichment architecture, models, pipeline, portal, reporting, and sequence copy are and remain the exclusive property of Seastone.

16.2 Client acquires no rights other than the licence in Section 7.

16.3 Feedback provided by Client may be used by Seastone without restriction or compensation.

16.4 Each party retains its own trade marks. Neither may use the other's marks without prior written consent, save that Seastone may use a domain mirroring Client's name solely as provided in Section 8.5.

17. Suspension

Seastone may suspend delivery, portal access, or Outreach Services, in whole or in part, where: a payment is overdue; Client is in breach of Section 7 or Section 11; continued performance would expose Seastone to legal or regulatory risk; or suspension is necessary to protect sending infrastructure or third parties. Seastone will give notice where practicable. Suspension does not relieve Client of fees.

18. Warranties and Disclaimer

18.1 Each party warrants that it has authority to enter into the Agreement and that the person accepting it is authorised to bind it.

18.2 Seastone warrants that it will provide the services with reasonable skill and care and in accordance with the qualification standard in Section 5.

18.3 Except as expressly stated, the services and all delivered records are provided "as is", and Seastone disclaims all other warranties to the fullest extent permitted by law, including implied warranties of merchantability, fitness for a particular purpose, accuracy, and non-infringement.

18.4 Seastone does not warrant that the services will be uninterrupted or error-free, or that any commercial result will be achieved.

19. Limitation of Liability

19.1 Seastone's aggregate liability arising out of or in connection with the Agreement is limited to the fees paid by Client in the twelve (12) months preceding the event giving rise to the claim.

19.2 Neither party is liable for indirect, incidental, special, or consequential loss, or for lost profits, lost deals, lost opportunity, lost goodwill, or loss of data, however arising.

19.3 Nothing in the Agreement limits liability for death or personal injury caused by negligence, for fraud or fraudulent misrepresentation, or for any liability that cannot lawfully be limited — including liability under the Produkthaftungsgesetz and liability for intent and gross negligence.

20. Indemnity

Client will indemnify and hold Seastone harmless against claims, losses, and reasonable costs arising from: Client's use of delivered records in breach of Section 7 or Section 11; outreach conducted by Client itself; representations Client approved under Section 8.4; and Client's breach of applicable law.

21. Force Majeure

Neither party is liable for failure or delay caused by events beyond its reasonable control, including the unavailability, restriction, or discontinuation of a public filing source or third-party data or infrastructure provider. Where such an event materially reduces available supply for more than thirty (30) consecutive days, the parties will discuss an adjustment to the tier in good faith. This Section does not excuse payment obligations already accrued.

22. Governing Law and Disputes

22.1 The Agreement is governed by the laws of the Federal Republic of Germany, excluding its conflict-of-laws rules and the UN Convention on Contracts for the International Sale of Goods.

22.2 The courts of Wiesbaden, Germany, have exclusive jurisdiction, save that either party may seek injunctive relief in any competent court to protect confidential information or intellectual property.

23. General

23.1 Amendments. Seastone may amend these Terms on at least thirty (30) days' written notice. Where an amendment materially disadvantages Client, Client may object in writing before the amendment takes effect, in which case Client may cancel the Agreement with effect from the date the amendment would take effect, and the existing Terms apply until then.

23.2 Assignment. Client may not assign the Agreement without Seastone's prior written consent. Seastone may assign to a successor in connection with a reorganisation or sale of the business.

23.3 Subcontracting. Seastone may use subcontractors and third-party infrastructure and remains responsible for their performance.

23.4 Notices. Notices must be in writing and sent to hello@seastonehq.com and to the address or email Client provided at onboarding. Notice is effective on receipt.

23.5 No partnership. Nothing creates a partnership, joint venture, agency, or employment relationship.

23.6 Third parties. No person other than the parties has any right to enforce the Agreement.

23.7 Severability. If a provision is held invalid, the remainder continues in force and the invalid provision is replaced by a valid one approximating its commercial intent.

23.8 No waiver. Failure to enforce a provision is not a waiver of it.

23.9 Survival. Sections 7, 9, 10, 14, 16, 19, 20, 22 and this Section survive termination.

23.10 Entire agreement. The Agreement constitutes the entire understanding between the parties and supersedes all prior discussions and representations.

23.11 Language. These Terms are published in English.