VENDOR – Terms of Service & User Agreement

TERMS OF SERVICE

Last Updated: June 23, 2025
Effective Date: June 23, 2025

1. INTRODUCTION AND ACCEPTANCE

Welcome to VENDOR (https://vendor.energy), a website operated by MICRO DIGITAL ELECTRONICS CORP S.R.L. (“Company,” “we,” “us,” or “our”). These Terms of Service (“Terms”) constitute a legally binding agreement between you (“User,” “you,” or “your”) and the Company regarding your access to and use of our website and related services.

By accessing or using our Website, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy.

If you do not agree to these Terms, you must not access or use our Website.

2. COMPANY INFORMATION

Legal Entity:
MICRO DIGITAL ELECTRONICS CORP S.R.L.
Registration Number: 50047468
Registered Office: Splaiul Unirii nr. 16, office 705, Bucharest, Sector 4, Romania
EUID: ROONRC.J2024009262405
Primary Activity: 7499 – Other professional, scientific and technical activities n.e.c.

Contact Information:
Email: info@vendor.energy
Legal Contact: Vitaly Peretyachenko (vp@vendor.energy)

3. WEBSITE PURPOSE AND SCOPE

3.1 Informational Purpose

Our Website serves as an informational platform for the VENDOR energy project, providing:

Project news and updates
Investment information and opportunities
Technical documentation and whitepapers
Company announcements and press releases
Educational content about energy solutions

3.2 Target Audience

Our Website is designed for:

Professional investors and investment funds
Business partners and stakeholders
Industry professionals and researchers
Media representatives and analysts
General public interested in energy innovation

3.3 Non-Commercial Nature

This Website is informational only and does not constitute:

Investment advice or recommendations
Financial services or transactions
Sale of products or services
Securities offering or solicitation
Legal or professional advice

4. USER ELIGIBILITY AND REGISTRATION

4.1 Age Requirements

You must be at least 18 years old to use our Website. If you are under 18, you may only use our Website under the supervision of a parent or legal guardian who agrees to these Terms.

4.2 Legal Capacity

By using our Website, you represent and warrant that:

You have full legal capacity to enter into these Terms
You are not prohibited from accessing our Website under applicable laws
Your use complies with all applicable local, state, national, and international laws

4.3 Registration

While registration is not required to access most content, you may choose to:

Subscribe to our newsletter
Submit contact forms for investor inquiries
Request access to restricted content

For registered users: You are responsible for maintaining the confidentiality of your account information and for all activities under your account.

5. ACCEPTABLE USE POLICY

5.1 Permitted Uses

You may use our Website to:

Read and research project information
Contact us for legitimate business inquiries
Share content with proper attribution
Subscribe to newsletters and updates
Download publicly available materials

5.2 Prohibited Uses

You may not use our Website to:

Illegal Activities:

Violate any applicable laws or regulations
Infringe intellectual property rights
Engage in fraudulent activities
Transmit malicious code or viruses

Harmful Activities:

Attempt to gain unauthorized access to our systems
Interfere with Website functionality or security
Collect user information without consent
Spam or send unsolicited communications

Misrepresentation:

Impersonate the Company or its representatives
Provide false or misleading information
Create false impressions about investment opportunities
Misuse Company trademarks or branding

Commercial Misuse:

Use content for unauthorized commercial purposes
Compete directly with our business using our information
Resell or redistribute our content without permission

6. INTELLECTUAL PROPERTY RIGHTS

6.1 Company Ownership

All content on our Website, including but not limited to:

Text, graphics, images, and videos
Software, code, and technical elements
Trademarks, logos, and brand elements
Project documentation and whitepapers
Design elements and user interface

Is owned by or licensed to the Company and protected by:

Copyright laws
Trademark laws
Trade secret laws
International intellectual property treaties

6.2 Limited License to Users

We grant you a limited, non-exclusive, non-transferable, revocable license to:

Access and view Website content for personal or business evaluation
Download materials explicitly marked as downloadable
Share content with proper attribution to the source

This license does not permit:

Modification or derivative works
Commercial use without written permission
Removal of copyright or proprietary notices
Mass downloading or systematic retrieval

6.3 User-Generated Content

By submitting content to us (through forms, emails, or other means), you grant us:

A worldwide, royalty-free, perpetual license
Right to use, modify, and display your content
Right to use for business purposes and marketing

You represent that your submissions:

Do not infringe third-party rights
Are accurate and not misleading
Comply with applicable laws

6.4 DMCA Compliance

We respect intellectual property rights. To report copyright infringement:

Send notice to: info@vendor.energy
Include required DMCA elements
Provide good faith statement of infringement

7. INVESTMENT DISCLAIMERS

7.1 Not Investment Advice

IMPORTANT: Information on our Website is for informational purposes only and does not constitute:

Investment advice or recommendations
Offer to sell or solicitation to buy securities
Financial, legal, or professional advice
Guarantee of investment returns or project success

7.2 Investment Risks

All investments carry risk, including:

Loss of principal investment
Market volatility and economic factors
Regulatory changes and legal risks
Technology and operational risks
Liquidity risks and limited marketability

7.3 Forward-Looking Statements

Our Website may contain forward-looking statements that:

Reflect current expectations and assumptions
Are subject to significant risks and uncertainties
May differ materially from actual results
Should not be relied upon as guarantees

Forward-looking statements are identified by terms such as:

“Believe,” “expect,” “anticipate,” “plan”
“Estimate,” “project,” “intend,” “will”
“May,” “could,” “should,” “would”

7.4 Regulatory Compliance

Investment opportunities discussed may:

Be subject to regulatory approval
Have geographic restrictions
Require investor accreditation
Be limited to qualified institutional buyers

Always consult with qualified professionals before making investment decisions.

8. PRIVACY AND DATA PROTECTION

8.1 Privacy Policy

Your privacy is important to us. Our collection, use, and protection of personal data is governed by our Privacy Policy, which is incorporated into these Terms by reference.

8.2 Consent to Processing

By using our Website, you consent to:

Processing of your personal data as described in our Privacy Policy
Use of cookies and similar technologies per our Cookie Policy
International transfers of data where necessary

8.3 Communication Preferences

You may control communications by:

Unsubscribing from newsletters
Updating your preferences
Contacting our privacy team
Exercising your GDPR rights

9. DISCLAIMER OF WARRANTIES

9.1 “AS IS” BASIS

OUR WEBSITE AND ALL CONTENT ARE PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED.

9.2 Disclaimed Warranties

WE DISCLAIM ALL WARRANTIES, INCLUDING:

Merchantability: Fitness for particular purpose
Non-infringement: Freedom from intellectual property violations
Accuracy: Correctness of information and data
Reliability: Consistent availability and performance
Security: Protection from unauthorized access or data breaches

9.3 Information Accuracy

While we strive for accuracy, we do not warrant that:

Information is current, complete, or accurate
Website functionality will be uninterrupted or error-free
Defects will be corrected promptly
Server or files are free from viruses or harmful components

9.4 Third-Party Content

We are not responsible for:

Third-party websites linked from our Website
Accuracy of external information or services
Actions of third-party service providers
Content posted by users or visitors

10. LIMITATION OF LIABILITY

10.1 Limitation Scope

TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE SHALL NOT BE LIABLE FOR:

Direct Damages:

Financial losses from investment decisions
Business interruption or lost profits
Data loss or corruption
Personal injury or property damage

Indirect Damages:

Consequential damages
Incidental damages
Punitive damages
Special damages

10.2 Maximum Liability

OUR TOTAL LIABILITY FOR ANY CLAIMS ARISING FROM OR RELATED TO THESE TERMS OR YOUR USE OF OUR WEBSITE SHALL NOT EXCEED €100 (ONE HUNDRED EUROS).

10.3 Exceptions

Limitations do not apply to:

Death or personal injury caused by our negligence
Fraud or fraudulent misrepresentation
Violations that cannot be excluded under applicable law
Gross negligence or willful misconduct

10.4 User Responsibility

YOU ACKNOWLEDGE THAT:

You use our Website at your own risk
You are responsible for your investment decisions
You should consult professionals for advice
You must evaluate all risks independently

11. INDEMNIFICATION

11.1 User Indemnification

You agree to indemnify, defend, and hold harmless the Company, its officers, directors, employees, agents, and affiliates from and against any claims, damages, losses, costs, and expenses (including reasonable attorneys’ fees) arising from or related to:

Your use of our Website
Your violation of these Terms
Your violation of applicable laws
Your infringement of third-party rights
Your submissions or communications to us

11.2 Notice and Cooperation

We will:

Provide prompt notice of any claims
Cooperate reasonably in defense
Allow you to control defense and settlement
Not settle without your consent (unless unconditional release)

12. TERMINATION

12.1 Termination by Us

We may terminate or suspend your access immediately, without notice, for:

Violation of these Terms
Illegal or harmful activities
Risk to Website security or functionality
Business or legal reasons

12.2 Termination by You

You may terminate your use of our Website at any time by:

Ceasing to access our Website
Requesting account deletion
Unsubscribing from all communications

12.3 Effect of Termination

Upon termination:

Your right to access our Website ends immediately
Provisions regarding intellectual property, disclaimers, and liability survive
We may retain your information as required by law or legitimate business purposes

13. GOVERNING LAW AND JURISDICTION

13.1 Governing Law

These Terms are governed by and construed in accordance with the laws of Romania, without regard to conflict of law principles.

13.2 Jurisdiction

Any disputes arising from or related to these Terms or your use of our Website shall be subject to the exclusive jurisdiction of the competent courts of Bucharest, Romania.

13.3 EU Regulations

Where applicable, these Terms also comply with relevant EU regulations, including:

General Data Protection Regulation (GDPR)
E-commerce Directive
Consumer Rights Directive
Digital Services Act

13.4 Alternative Dispute Resolution

Before initiating court proceedings, we encourage:

Direct negotiation and communication
Mediation through recognized ADR bodies
Use of online dispute resolution platforms where applicable

14. MODIFICATIONS TO TERMS

14.1 Right to Modify

We reserve the right to modify these Terms at any time. Changes will be effective:

Immediately upon posting for minor changes
30 days after notice for material changes
Upon your continued use of our Website

14.2 Notification of Changes

We will notify you of material changes by:

Posting notice on our Website
Updating the “Last Updated” date
Sending email notification to registered users
Displaying prominent notice during Website access

14.3 Acceptance of Changes

Your continued use of our Website after changes constitutes acceptance of the modified Terms. If you disagree with changes, you must stop using our Website.

15. GENERAL PROVISIONS

15.1 Entire Agreement

These Terms, together with our Privacy Policy and Cookie Policy, constitute the entire agreement between you and us regarding your use of our Website.

15.2 Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

15.3 Waiver

Our failure to enforce any provision of these Terms does not constitute a waiver of that provision or any other provision.

15.4 Assignment

You may not assign or transfer your rights under these Terms without our written consent. We may assign our rights and obligations without restriction.

15.5 Force Majeure

We are not liable for any failure or delay in performance due to circumstances beyond our reasonable control, including natural disasters, war, terrorism, or government actions.

15.6 Headings

Section headings are for convenience only and do not affect the interpretation of these Terms.

15.7 Language

These Terms are written in English. Any translations are provided for convenience only, and the English version controls in case of conflicts.

16. CONTACT INFORMATION

For questions about these Terms of Service:

General Inquiries: MICRO DIGITAL ELECTRONICS CORP S.R.L.
Email: info@vendor.energy

Legal Matters: Vitaly Peretyachenko
Email: vp@vendor.energy

Postal Address: Splaiul Unirii nr. 16, office 705
Bucharest, Sector 4, Romania

Business Hours: Monday – Friday: 9:00 AM – 5:00 PM (EET)

By using our Website, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service. These Terms are effective as of the date you first access our Website.