Terms of Membership

Last updated 27 August 2026 · Governed by the laws of Ontario, Canada

1. The agreement

These terms are an agreement between you and 1001060863 Ontario Corp. (“the Club”), operator of The Founders Floor. They take effect when you accept a seat and make your first payment. If you do not agree with them, do not accept a seat.

2. What membership includes

• Access to the virtual office and the rooms your placement opens to you, hosted inside Roam.
• The right to request a breakout room on a question, subject to other members being willing to join.
• Attendance at the standing calendar of club events.
• Read access to the shared library (the Shelf) for as long as your membership is active.
• Placement into rooms based on the answers you gave in your application.

3. What it does not include

• No guaranteed outcome. We do not promise introductions to any specific person, revenue growth, investment, hires, clients or business results of any kind.
• No guaranteed attendance. Rooms depend on other members turning up. We do not guarantee that any particular member will be present, or that a breakout will attract anyone.
• No consulting or done-for-you work. Membership is access to a room, not services delivered to your business.
• No continued access after your membership ends, including to the Shelf.

4. Your seat

• One seat per company. A company may hold one membership. You may not share, resell, transfer or assign your seat, or give your access credentials to anybody else, including a co-founder or an assistant.
• Your seat is personal to you as the named member.
• If you leave the company you applied with, tell us. Your seat does not automatically transfer to your successor, and it does not automatically follow you.
• No harvesting. You may not scrape, copy, export, or compile the member list, member profiles, or any directory of members, by hand or by any automated means, for any purpose. You may not use the club as a lead source or add members to a mailing list without their express permission.

5. Fees and the price lock

Membership is billed annually in advance. The rate that applies to you is the rate in effect when you accept your seat. Membership is not limited to a fixed number of members; the table below is a rate schedule, not a cap.

The price lock is a term of this contract, not a marketing claim. Whatever rate you join at is the rate you keep. We will not increase your annual fee for as long as your membership remains continuously active, however high the rate rises for members who join later. If you cancel and later rejoin, you rejoin at the rate then in effect and the lock is gone.

All fees are in US dollars (USD) and exclusive of applicable taxes.

6. Automatic renewal and cancelling

• We will email you a reminder at least 30 days before each renewal, stating the amount and the date it will be charged.
• To cancel, email hello@thefoundersfloor.com at any time before the renewal date, or use the cancel option in your member settings. No phone call, no retention conversation, no notice period.
• Cancelling stops the next charge. Your access continues to the end of the period you have already paid for.
• Refunds. Annual fees are non-refundable once a period begins, except where refunds are required by applicable consumer protection law. If we remove you for cause under section 7, no refund is due.

7. House rules and removal

The House Rules are incorporated into this agreement and are binding contractual terms, not guidance. Breaking them has consequences.

• One warning, then removal. For most breaches you will get one written warning. A second breach ends your membership.
• Immediate removal without warning for: harassment or abuse of another member, breaching confidentiality under section 8, harvesting or misusing the member list, sharing your seat, or misrepresenting who you are or what your company does in your application.
• Removal for cause ends your access immediately and no refund is due.
• We may also remove you if you provided materially false information in your application.

8. Confidentiality

This is the term that makes the club work. Members share real numbers and real problems only because they trust the room.

• Anything another member says in a room, an event, or a breakout is confidential. You may not repeat it outside the club in any form that identifies the member or their company.
• You may not record, screenshot, transcribe or otherwise capture any room or event without the express prior consent of everyone in it.
• You may not share another member’s contact details, company information, or anything from their application, with anyone outside the club.
• You may use what you learn to run your own business. You may not attribute it, publish it, or repeat it in a way that exposes the person who said it.
• This obligation survives the end of your membership and continues indefinitely.

9. No professional advice

Members are business owners, not your professional advisers. In the ordinary course of the club, other members will offer you opinions on hiring and firing, employment matters, contracts, tax treatment, pricing, valuations, financing and similar questions. They are giving you their own experience, and they are not acting as your lawyer, accountant, tax adviser or HR adviser.

• No professional or fiduciary relationship is created between you and the Club, or between you and any other member, by anything said in a room.
• You act on your own judgement and at your own risk, and you should take advice from a qualified professional in the relevant jurisdiction before acting on anything you hear here.
• The Club does not review, verify, endorse or take responsibility for anything a member says, and is not liable for any loss arising from your reliance on it.
• Material on the Shelf is a record of what members discussed. It is not vetted advice and carries the same disclaimer.

10. The Shelf and who owns it

• You keep ownership of anything you write or contribute.
• By contributing, you grant the Club a non-exclusive, worldwide, royalty-free licence to store it, and to display it to other members inside the club, for as long as the Club operates. This survives the end of your membership so that write-ups do not vanish from the archive when someone leaves.
• The Club owns the compilation, structure and editorial arrangement of the Shelf.
• We will not publish your contribution outside the club, or attribute it publicly, without your permission.
• Your access to the Shelf ends when your membership ends. Ask before you leave and we will give you a copy of your own contributions.

11. Liability

The club is provided on an “as is” basis. To the maximum extent permitted by law, the Club is not liable for indirect, incidental or consequential loss, or for lost profits, lost business or lost opportunity. Our total liability to you in any twelve month period is limited to the fees you paid us in that period.

Nothing in these terms limits liability that cannot be limited by law, including under applicable consumer protection legislation.

12. Governing law

These terms are governed by the laws of the Province of Ontario and the federal laws of Canada that apply in it. You and the Club submit to the exclusive jurisdiction of the courts of Ontario.

If any provision is found unenforceable, the rest remains in force. We may update these terms; we will give members at least 30 days notice of a material change, and you may cancel before it takes effect.

Questions: hello@thefoundersfloor.com