Compliance is at the core of NewtonX values and guides the daily activities of our teams. We believe in a world of knowledge access and sharing. Such a vision can only be achieved in strict accordance with compliance policies. The NewtonX compliance framework is one of the most robust and conservative in the industry.
The line of business in which we operate is one of the most differentiating and sensitive ones in today’s world. Knowledge is the most valuable asset to NewtonX’s clients: it adds tremendous value to their business, but it can also destroy value if handled incorrectly. Leveraging our long-standing experience in the industry as well as a close collaboration with our clients, we have developed a compliance framework that is not only one of the most conservative and robust in the industry, but is also reinforced by our search algorithm which ensures compliance by not matching professionals to customers where potential compliance issues could arise.
We have designed our framework with the objective of ensuring compliance from both the professional and client point of view. Our compliance framework relies on three principles that guide NewtonX’s professional conduct.
This page was last updated 2021/02/18.
Professionals receive compliance training and are bound by the NewtonX terms and conditions.
We select our professionals with extreme care and attention. Each professional goes through a very selective evaluation and vetting process which:
In order to be accepted on our platform and share expertise with our clients, each of our professionals is required to sign the NewtonX terms and conditions annually. These terms and conditions are binding, and through them the experts certify:
We have designed a tutorial illustrating unequivocally the rules of professional knowledge sharing based on the latest legislation as well as NewtonX’s principles of confidentiality and discretion. This tutorial includes a series of exercises as well as questions and answers to ensure that our professionals adopt the right framework when sharing their knowledge. During these exercises they receive feedback along the way and thereby can easily adopt the most professional way of knowledge sharing.
The tutorial explains what constitutes “confidential information”, sensitizes professionals to any confidentiality obligations they may have towards our client as well as their current and previous employers, and emphasizes that our clients do not want – and will actually be harmed – if they receive confidential information.
We evolve in a dynamic industry and as such update our tutorial frequently. Professionals are required to take our tutorial at a minimum yearly, but may also be asked to take the tutorial upon our request if we deem necessary.
Employees (including officers and directors) may not consult about their current employer – regardless of whether the employer is publicly held or privately owned. This prohibition extends to the parent and subsidiaries of an Advisor’s employer.
Furthermore, professionals are also required to follow strict guidelines regarding their previous employers. Even though they may share expertise related to the time of their previous employment, they are strictly forbidden to share any confidential information gained while working at any previous employer.
NewtonX offers an employer database registry, high levels of visibility, and custom compliance frameworks.
We provide our clients with visibility into their activities at various levels:
We acknowledge that our clients have unique sets of needs. Consequently, we go beyond the standard client compliance program described above to also implement custom compliance processes for our clients, upon request.
In order to prevent any conflict of interest with any organization, we have implemented a system by which organizations can register restrictions or guidelines concerning consulting activity by any of their professionals or employees. The output of this system is the NewtonX employer preference registry which we use to comprehensively enforce organizations’ policies prohibiting or limiting outside consulting to any of their employees. If you are an employer and want to inform us of any policies you have regarding outside consulting, please feel to do so by emailing us at compliance@newtonx.com.
OVERVIEW AND ACTIVITIES
NewtonX, Inc. (“NewtonX”, “we” or “us”) is a primary market research firm that facilitates expertise sharing among professionals. The NewtonX experts are industry professionals (“Experts” or “you”) who educate and share insights with various organizations interested in their expertise (“Clients”) through the NewtonX platform. NewtonX provides opportunities for Experts to participate in expertise sharing (“Projects”), including, but not limited to consultations and online surveys. All Experts are subject to the following terms and conditions (“Terms”). These terms and conditions set out the legal and compliance obligations applicable to Experts. All Experts are governed by NewtonX’s Expert Terms and Conditions as well as all other documents referred to in them.
Content refers to, among other things, educational information, consultations, interviews, surveys, presentations, recordings, videos, or any other content that is produced by NewtonX following your participation in a Project.
You are solely responsible for determining whether you are permitted to join NewtonX and to participate in Projects. Before applying to join NewtonX, you must review any and all legal agreements that could restrict your ability to participate, including, without limitation, employment agreements, consulting agreements, non-disclosure agreements, employee handbooks, codes of ethics and similar employment policies. If your employer or client agreement forbids you from participating in expert work such as the one offered by NewtonX, you also confirm that you have obtained consents or waivers from your clients, employers or any other third parties to ensure that you are permitted to act as an Expert.
By agreeing to participate in any Project you confirm that you are knowledgeable about the proposed subject matter. As an Expert, you will be expected to provide information during any Project in good faith, to the best of your ability and at all times consistent with these Terms & Conditions.
You agree that in participating in any Project, you will be acting in your personal capacity as an independent consultant, and not as an employee or representative of NewtonX or any other party. You agree that your participation in any Project is at your sole discretion. You further agree that you have no authority to act on behalf of NewtonX and are not eligible for any NewtonX or Client employment benefits based on your participation in the NewtonX Projects. You shall not identify any Client or NewtonX as your employer. Additionally, Experts are never obligated to accept or continue any Project and may decline to participate or continue to participate in any Project at any time.
At any time prior to, during, or after a Project you become aware of any conflict of interest or perceived conflict of interest, or any other professional, ethical, or regulatory conflict that would preclude you from participating, you should terminate the Project and notify NewtonX immediately via email at compliance@newtonx.com.
You understand that NewtonX is not obligated to engage you to participate in Projects and can determine, at any time, in its sole discretion, that you have breached these Terms and Conditions, resulting in the suspension or termination of your relationship with NewtonX.
You represent, confirm, and warrant that:
YOU MUST DECLINE OR DISCONTINUE PARTICIPATION IN ANY PROJECT THAT WOULD RESULT IN A VIOLATION OF ANY OF THE CONDITIONS ABOVE.
In the event that a Client initiates a Project involving its legal counsel, it is possible that the Client may wish to assert a claim of legal privilege concerning the Project. Under these circumstances, Client’s legal counsel may ask you to enter into a separate written engagement agreement with them for your services (an “Engagement Agreement”). Any such request may only come through NewtonX, and you may only choose to accept following NewtonX’s prior written approval in its sole discretion. Once approved, an Engagement Agreement shall control any inconsistent terms in these Terms & Conditions with respect to your relationship and obligations to such Client with respect to the Project. Such Engagement Agreement shall not modify your obligations to NewtonX or third parties, under these Terms & Conditions or otherwise.
You have read and agree to NewtonX’s Privacy Policy (as updated from time to time).
You agree that NewtonX may collect, synthesize and retain information about you, from sources including, without limitation, yourself, your activities through NewtonX, and third-party sources (hereafter, “Personal Information”). You furthermore agree that NewtonX may share results of consultations and surveys with its clients. NewtonX will protect Personal Information in accordance with NewtonX’s Privacy Policy, which is incorporated by reference. NewtonX will not sell Personal Information to third-party marketers or similar organizations, or disclose the Personal Information publicly, unless you provide consent or we determine that it is appropriate in response to a law, regulation, rule, government request or legal process. If your membership in NewtonX ends, you agree that NewtonX may preserve Personal Information, provided that NewtonX accords such Personal Information the protections set forth in its then-current Terms & Conditions privacy policies. NewtonX also commits to let you ask for deletion of your personal information. Notwithstanding the latter, you agree that NewtonX may use and share Personal Information in order to, without limitation, contact you concerning your participation in NewtonX, manage your membership in the NewtonX community, administer compliance policies and procedures, including obtaining required approvals and consents for Project participation, market NewtonX ’s services, and comply with applicable laws and requests from government authorities. As part of its compliance screening, NewtonX reserves the right to conduct background checks on you, itself or utilizing third-party services, and to confirm your professional and educational history. You agree that we may disclose Personal Information as required by law, to protect NewtonX’s rights, or for the prevention, detection or disclosure of a crime. You also recognize that Clients may be required by law or their compliance policies to disclose Personal Information about their Projects with you and you authorize NewtonX and its Clients to make such disclosures.
By becoming an Expert, you represent and warrant to us that you are in compliance with each of the conditions, agreements, acknowledgments, representations, covenants, warranties and other obligations included in these Terms & Conditions. You understand and acknowledge that each NewtonX employee, affiliate and Client is an intended third-party beneficiary of these Terms & Conditions and shall therefore have the right to enforce your compliance with them. You must decline to participate in, or to continue your participation in, any Project or other activity that would cause you to violate these Terms & Conditions and immediately inform us of the reason. We typically do not participate in your interactions with Clients and shall not be liable or responsible to you in any manner whatsoever for Projects arranged by us. You are solely responsible for ensuring your continued compliance with the Terms & Conditions. You agree to cooperate fully in any inquiry concerning actual, alleged, or potential violations of these Terms & Conditions. To encourage your vigilance and care in complying with these Terms & Conditions, you may submit a payment request for a full Project that you choose to terminate early for the purpose of complying with them.
You shall keep and maintain as strictly confidential, and agree not to communicate, reveal or disclose, all “Confidential Information” of NewtonX or its Clients, without NewtonX’s expressly written permission (which it may withhold in its sole discretion). “Confidential Information” includes any and all nonpublic information, in any form or medium, written, oral or otherwise, concerning or relating to NewtonX, any of its affiliates or any Client, including, but not limited to, the names of any Clients and Clients’ employees, questions posed by any Client and the topics discussed, information or materials shared, opinions expressed or work commissioned by NewtonX or any Client. In the event that you are required to disclose Confidential Information under applicable law, you agree to promptly notify NewtonX and to fully cooperate with NewtonX in exercising any right or exemption available to prevent the disclosure of Confidential Information to the extent permitted under applicable law. You shall not use Confidential Information for any purpose other than those specifically permitted by these Terms & Conditions. Without limiting the foregoing, you shall not use Confidential Information for personal benefit (including for the purpose of making investment or trading decisions). The duty to maintain confidentiality hereunder shall survive until the Confidential Information becomes generally known to and available for use by the public other than as a result of a disclosure by you or any other person under legal obligation not to disclose the information. NewtonX does not guarantee that you will not be exposed to any material nonpublic information and you remain solely responsible for not violating any applicable laws when using any information in connection with work commissioned by NewtonX or any Client,
You shall only accept Projects with NewtonX Clients individually arranged or explicitly approved by NewtonX. If a Client requests additional work or Projects, you must receive explicit approval from us before commencing work. You will not be paid for any Project with a NewtonX Client that was not individually arranged or explicitly approved by NewtonX in advance, even if the Project was a follow-up to a Project that was arranged by NewtonX. If you are invited by NewtonX to perform a Project for a Client, you should either accept or decline the invitation as soon as reasonably possible. We make no representation regarding the frequency or quantity of Project requests that you will receive. We expect you to perform all Projects in a timely, diligent and professional manner consistent with the highest industry practice.
You will be paid based on your customary consulting fees, as agreed by you and us. You may only change your consulting fee rates upon written notice to us and the new fee rate is only applicable to Projects that occur after our receipt and approval of written notice. You may not reveal your billing rates and financial arrangements to Clients without NewtonX’s prior written consent. Our payment system may accommodate consulting guidelines set forth by an Expert’s employer, including joint payment to the Expert and his or her employer, direct payment to the Expert’s institution or payment to a charity of the Expert’s choice. Experts will receive a U.S. I.R.S. Form 1099, as required. Payments will be made following the completion of an Expert’s consulting engagement, within 30 days.
It is understood and agreed that any services performed by you under these Terms & Conditions shall be performed as an independent contractor and consultant, and you further understand and acknowledge that you have no authority to act or speak on NewtonX’s behalf or to represent that you have any such authority. You shall not be deemed to be an employee of NewtonX or any of its Clients and you shall not be entitled to any benefits provided by either NewtonX or any of its Clients. You agree that you shall be personally responsible and liable for any and all taxes and other payments due on payments received by you for services provided under these Terms & Conditions. Nothing in these Terms & Conditions shall create a partnership or joint venture or establish the relationship of principal and agent or any other relationship of a similar nature between you, NewtonX or its Clients.
You may terminate your membership in NewtonX at any time by providing us with written notice. Likewise, NewtonX may terminate your membership in NewtonX at any time and for any reason without providing notice. Termination shall not relieve either party of its obligations under these Terms & Conditions. The Terms & Conditions are intended to survive termination, which include, but are not limited to: Privacy, Application of the Terms and Conditions, Confidentiality, Non-Solicitation, Intellectual Property, Indemnification, Limitation of Liability, Arbitration, Governing Law and Venue and Miscellaneous.
You agree that for a period of one year from the completion of any Project with a Client to whom you have been first introduced by us, you will not circumvent NewtonX by knowingly soliciting, negotiating with, or entering into any agreement or other arrangement (whether written or oral) with a Client first introduced to you by us pursuant to which you would be engaged by such Client to provide services of a similar nature to the services, Experts provide to NewtonX’s Clients (i.e., short term consulting services) without our prior written consent. You also agree that, for a period of one year after the termination of your relationship with us for any reason whatsoever, you will not, directly or indirectly, solicit for employment, employ or hire any employee of NewtonX or of any Clients to whom you have been first introduced by us. It does not apply to the extent that you have a proven pre-existing relationship or association, based on past work performed. If you notify NewtonX of such a pre-existing relationship when a Client is proposed to you, and you do not participate in a Consultation with the Client, NewtonX imposes no restrictions with regard to this Client. NewtonX will not restrict you from accepting an offer of employment from one of its Clients.
You are solely responsible for the content that you share or create in connection with your performance of services hereunder. You represent that you own or have obtained any necessary licenses or permissions for any materials, regardless of form or format (hereafter, “IP”), that you provide to NewtonX, Clients or third parties in connection with your performance of such services.
All Intellectual Property rights in any material provided to you by NewtonX or contained on the NewtonX website belong to NewtonX and may not be reproduced or redistributed.
IP that you create in connection with any Client Project shall be solely owned by the Client who requested the Project and that Client may use such IP for any purpose permitted under applicable law and that Client’s agreement with NewtonX. Any inventions, discoveries or improvements that are based in any way on any IP you create for a Client in the course of a Project, and all intellectual property rights in such inventions, discoveries or improvements, shall likewise be owned solely and entirely by the Client. Any IP that you created prior to, or independently of, any Project (hereafter, “Expert IP”) remains your property. However, with respect to any Expert IP that you share or otherwise provide to a Client in connection with a Project, you shall automatically grant that Client a perpetual, worldwide, royalty-free, and transferable license to use such Expert IP.
Furthermore, and without limiting the foregoing, you agree that each Client is free to use any ideas, concepts, know-how, or techniques contained in any IP you share with or otherwise provide to that Client for any purpose whatsoever, including, but not limited to, devising, manufacturing, promoting and selling products and services using such information.
Should you participate in any consultation between you and a NewtonX Client, whereby the Client agrees the consultation can be recorded, transcribed, and/or distributed by NewtonX to third parties, you acknowledge that your Consultations with the Client may be recorded by or on behalf of NewtonX (‘Recordings”), and by participating in said Consultation you consent to such Recordings and the production of Transcripts by NewtonX (“Transcripts”). In doing so:
You agree to indemnify and hold harmless NewtonX and its affiliates, and their respective officers, directors, employees, members, managing members, managers, agents, representatives, successors and assigns (collectively, the “NewtonX Parties”) from any and all actions, causes of action, claims, charges, demands, cost, expenses and damages (including attorneys’ fees and expenses) and liabilities of any kind whatsoever directly or indirectly resulting from, arising out of or in connection with your breach or violation of any and all provisions of these Terms and Conditions.
NewtonX’s total liability in contract, tort, misrepresentation or otherwise arising in connection with this Agreement shall be limited to an amount equal to the fees paid to you.
NewtonX shall not be liable for any loss or damage, or any costs, expenses or other claims including without limitation:(i) loss of profit: (ii) loss of business; (iii) loss of revenue; (iv) loss of goodwill; (v) loss of anticipated savings; (vi) loss of any data or information and/or (vii) special or indirect loss or consequential loss or otherwise which arise out of any Consultation or in connection with this Agreement.
Nothing in the Agreement excludes or limits NewtonX’s liability for death or personal injury caused by its negligence or for fraudulent misrepresentation.
The validity, interpretation, performance and enforcement of these Terms & Conditions shall be governed by the laws of the State of New York without regard to the conflicts of laws principles thereof. ANY DISPUTE, CONTROVERSY OR CLAIM ARISING FROM OR RELATING TO THESE TERMS AND CONDITIONS SHALL BE FULLY AND EXCLUSIVELY FINALLY SETTLED BY AN ARBITRATION HELD IN NEW YORK CITY UNDER THE RULES OF THE AMERICAN ARBITRATION ASSOCIATION IN EFFECT FROM TIME TO TIME. YOU HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY RIGHTS YOU MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY SUCH DISPUTE, CONTROVERSY OR CLAIM RELATING TO THIS AGREEMENT. The arbitrator may grant any remedy that he or she deems just and equitable within the scope of this arbitration agreement, except that he or she may not, under any circumstance, grant a remedy inconsistent with or in violation of the Limitation of Liability. The award of the arbitrator shall be final and binding and judgment thereon may be entered in any court having jurisdiction. You hereby unconditionally and irrevocably submit to the jurisdiction of the federal and state courts of New York.
We may modify these terms and conditions from time to time by posting the modification(s) on our website, www.NewtonX.com. Unless otherwise specified by us when posted, all modifications will be effective upon posting. If you do not agree to any modification(s), your recourse will be to terminate your participation as an Expert in NewtonX. If you continue to participate as an Expert after any modification becomes effective, then your participation will constitute acceptance of such modification. No failure or delay by either party in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any right, power or privilege hereunder. Neither these Terms & Conditions nor any of the rights, interests or obligations hereunder may be assigned, delegated or otherwise transferred, in whole or in part, by operation of law or otherwise, by you without our prior written consent (which consent we may withhold in our sole discretion), and any such assignment, delegation or transfer by you without such prior written consent shall be null and void and of no force or effect whatsoever. These Terms & Conditions shall be binding upon and inure solely to the benefit of you and NewtonX and the successors, assigns and Clients of NewtonX. As used in these Terms & Conditions, the word “including” shall mean “including, without limitation,” in all cases. Whenever possible, each provision of these Terms and Conditions shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of these Terms & Conditions is held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of these Terms & Conditions, and these Terms & Conditions shall be reformed, construed and enforced as if such invalid, illegal or unenforceable provision had never been contained herein.
By signing these Terms & Conditions, you acknowledge and agree that you are making express representations to NewtonX and Clients that you will abide by all of your obligations and responsibilities as set forth in these Terms & Conditions.