Acceptance of Terms of Use

KAREDA S.A. provides its web site, www.kareda.ro for your convenience and enjoyment. By using the information, services and products available through this web site, you agree to be bound by all of KAREDA’s terms and conditions of use as set forth herein.
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The terms and conditions set forth in the PPTOU may be updated from time to time without notice to you. It is your responsibility to review it from time to time to be aware of any such change. Your continued use of this service will indicate your agreement to any such change.
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KAREDA S.A. is not responsible for the content or privacy practices of outside web sites, including those linked to by kareda.ro and those linking to kareda.ro.

Copyright and Trademarks

The entire contents of kareda.ro are protected by international copyright and trademark laws. The owner of the copyrights and trademarks are KAREDA S.A., its affiliates or other third party licensors. YOU MAY NOT MODIFY, COPY, REPRODUCE, REPUBLISH, UPLOAD, POST, TRANSMIT, OR DISTRIBUTE, IN ANY MANNER, THE MATERIAL ON THE SITE, INCLUDING TEXT, GRAPHICS, CODE AND/OR SOFTWARE. You may print and download portions of material from the different areas of kareda.ro solely for your own non-commercial use provided that you agree not to change or delete any copyright or proprietary notices from the materials. Such information can be used with the prior KAREDA S.A.’s authorization in the following ways:

For educational purposes, certain elements may be distributed, in whole or in part, for teaching or research purposes, provided that the source (author’s name, company logo, etc.) and the publication are respected, and provided the information is provided free of charge

–    For university research purposes
–    As news
–    As a reference
–    In order to be reproduced for strictly private use and not for collective use

Hyperlinks

All quotations and hyperlinks must respect the source and must mention the intellectual property rights referred to above. The hyperlink, defined as being any technical means by which web users may be redirected from one Internet site to another, must necessarily open a window that recalls the original site. However, any hyperlink from a site for which charges are imposed must have the prior authorization of KAREDA S.A.. (For the purposes hereof the term “web users” means all individuals or legal entities who have access in a private capacity without the possibility redistribution to another site).

KAREDA S.A. reserves the right to require the deactivation and deletion of any link, if such link is likely to harm KAREDA S.A. and/or its financial or non-pecuniary interests, and, in particular, if such link contradicts KAREDA S.A.’s terms of use. 

Furthermore, KAREDA S.A. provides hyperlinks from its Site to other affiliated and non-affiliated sites. These sites are independent of the Site. KAREDA S.A. neither publishes nor controls these sites. Such links do not constitute mutual approval or indicate any partnership between KAREDA S.A. and these sites under any circumstances. Hence, KAREDA S.A. shall not be held liable for any content, products, publicity or any elements or services presented on these sites. 

We wish to remind you that affiliated and non-affiliated sites are subject to their own Terms of Use and privacy protection policies.

Collection of Personal Information

To engage in certain activities on the site or receive some electronic communications, you may be asked to provide certain information about yourself by filling out and submitting an online form. These activities are completely optional.

Depending upon the activity, some of the information that we ask you to provide is identified as mandatory and some as voluntary. If you do not provide the mandatory data with respect to a particular activity, you will not be able to engage in that activity online. Instead, you will need to use a non-web option for contacting KAREDA S.A.

How Your Personal Information Is Used

KAREDA S.A. collects your information in order to provide you with requested information, requests for proposal or to fulfill other requests. For example, information you provide to KAREDA S.A. may be used to provide quotes or estimates for petroleum engineering consulting services.
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Your information will never be sold or leased to other organizations.

Protection of Your Personal Information

KAREDA S.A. recognizes the importance of safeguarding personal information in our possession from theft, inappropriate use or improper distribution and uses reasonable precautions. While we strive to protect your personal information, KAREDA S.A. cannot ensure or warrant the security of any information transmitted to us or received from our online products or services.

Cookies

A cookie is a small amount of data transferred to your computer by a web server. Most browsers accept cookies automatically, but browser preferences can be set to refuse them or notify you each time a cookie is being sent. KAREDA S.A. may use cookies to facilitate access to password-protected content, to store preferences or to track site usage.
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While certain web pages use cookies to assist your visit to KAREDA S.A. web site, and while our web servers automatically log the IP address of your computer, this information does not identify you personally, and you remain anonymous unless you have otherwise provided personal information to a specific web page.

User Accounts

When registering to use a password-protected feature, if any, it is solely your responsibility to keep your private account information, such as username and password, secure. You must not disclose your private account information to anyone except other authorized persons.
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You are entirely liable for all activities conducted through your account. You agree to immediately notify KAREDA S.A. of any unauthorized use of your account or any breach of security.

Your Responsibilities

You are responsible for all charges associated with connecting to the Internet. You agree that any access, data, or other communications fees and charges incurred are your sole responsibility. We advise you to check with your Internet Service Provider (ISP) with any service questions.

Prohibited Uses

As a user of KAREDA S.A.’s web site, you agree to use this service only for its lawful, intended purposes. Use of this service for transmission, distribution, retrieval or storage of any information, data or other material in violation of any applicable law or regulation is prohibited. You also agree not to use the service to:
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1. Provide false information or to impersonate someone else;
2. Distribute computer viruses, worms or any software intended to damage or alter a computer system;
3. Violate any applicable local, national, EU or international law.

System and Network Security

Violations of system or network security of the service are prohibited, and may subject you to criminal and/or civil liability. KAREDA S.A. will investigate potential security violations, and may notify applicable law enforcement agencies if violations are suspected.
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You may not attempt to circumvent the authentication procedures or security of any host, network, network component or account to access data, accounts or systems that you are not expressly permitted to access. You may not interfere or attempt to interfere with service to any other user.

Violation of Terms of Use

In the event of any violation of the terms contained herein, KAREDA S.A. reserves the right to suspend or terminate, either temporarily or permanently, any or all services provided. Users who violate terms contained herein may additionally incur criminal and/or civil liability. KAREDA S.A. may refer violators to civil or criminal authorities for prosecution.

Indemnity

You agree to indemnify and hold KAREDA S.A. and all subsidiaries, affiliates, telecommunications providers, service providers, officers, employees and agents harmless from any claim, liability, loss, expense or demand, including attorneys’ fees, related to a user’s violation of the terms and conditions or the use of the services and information provided at this web site.

Limitation of Liability

IN NO EVENT WILL KAREDA S.A. ITS SUPPLIERS, ITS SERVICE PROVIDERS OR OTHER THIRD PARTY AFFILIATES BE LIABLE FOR ANY DAMAGES WHATSOEVER INCLUDING BUT NOT LIMITED TO:
DIRECT, INDIRECT, INCIDENTAL PUNITIVE AND CONSEQUENTIAL DAMAGES ARISING OUT OF THE USE, INABILITY TO USE, OR THE RESULTS OF USE OF THIS SERVICE;
ANY WEB SITES LINKED TO THE SERVICE, THE MATERIALS OR INFORMATION CONTAINED AT ANY OR ALL SUCH SITES;
CONTENT ANYWHERE ON THE INTERNET, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL THEORY;
INCLUDING WITHOUT LIMITATION THOSE DAMAGES RESULTING FROM LOST PROFITS, LOST DATA OR BUSINESS INTERRUPTION;
AGGREGATE LIABILITY OF KAREDA S.A. OR ANY OF ITS SUPPLIERS, SERVICE PROVIDERS OR THIRD-PARTY AFFILIATES.
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IN NO EVENT SHALL KAREDA S.A. BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL AND EXEMPLARY DAMAGES, OR ANY DAMAGES WHATSOEVER, ARISING FROM THE USE OR PERFORMANCE OF THIS WEB SITE OR FROM ANY INFORMATION, SERVICES OR PRODUCTS PROVIDED THROUGH THIS WEB SITE, EVEN IF KAREDA S.A. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
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Any conclusions made as a result of this information are the sole liability of the reader.
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IF YOU ARE DISSATISFIED WITH THIS WEB SITE, OR ANY PORTION THEREOF, YOUR EXCLUSIVE REMEDY SHALL BE TO STOP USING THE WEB SITE.

Termination

Either you or KAREDA S.A. may terminate your Internet account at any time, if there is one. This is your sole and exclusive remedy with respect to any dissatisfaction with the service. To initiate termination, contact the company and identify the Internet service account you wish to terminate. Be sure to include your full name, telephone number(s) and valid email address.
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Your account termination will take effect within a reasonable amount of time after KAREDA S.A. receives your emailed notice. If a user’s conduct fails to conform to the letter or spirit of these terms and conditions, or if KAREDA S.A. believes the user’s conduct may create liability for its affiliates then that user’s service will be terminated.
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KAREDA S.A. reserves the right to restrict access of any user of this service and may at any time in its sole discretion with or without notice and with or without cause immediately deny access to the service and may remove all account information.

Disclaimer of Warranties

This service is provided by KAREDA S.A. on an “as is” basis. Neither KAREDA S.A. nor its partners, providers or affiliates make any representations or warranties of any kind, express or implied, as to the operation of the service, its contents or any information made available by or through the service.
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KAREDA S.A. disclaims all warranties, expressed or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, or any infringement. Furthermore, KAREDA S.A. does not warrant that use of the service will not be interrupted, available at any time or from any location, secured and error-free. Corrected defects are not warrantable, and the service is not guaranteed free of viruses or other harmful components.

Jurisdictional Issues

The PPTOU shall be governed by and construed in accordance with the laws of the European Union and those of Romania. By using this web site, you also consent to the exclusive jurisdiction of the civil court of Campina, Prahova, Romania, and you further consent to the exercise of authority by European Union central justice courts.
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If any provision(s) of the PPTOU is found to be contrary to law, then such provision(s) shall be construed, as nearly as possible, to reflect the intentions of the parties with the other provisions remaining in full force and effect.
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KAREDA S.A.’s failure to exercise or enforce any right or provision of the PPTOU shall not constitute a waiver of such right or provision unless acknowledged and agreed to by KAREDA S.A. in writing. You and KAREDA S.A. agree that any cause of action arising out of or related to this PPTOU or the service must commence within one (1) year after the cause of action arose; otherwise, such cause of action is permanently barred.

Policy of trading shares

KAREDA S.A. is responsible for administering the space where you can trade shares/ownership. We provide the guidelines. It is your responsibility how you negotiate transaction prices and whether you pay your capital gain taxes in your respective country of residence. When you agree upon a deal with the other party, both of you have the obligation to inform us so that we can update our data bases. We act as an arbiter, in the sense that if we notice any intent to commit fraud, the party in question will bear the consequences, according to Romania’s intellectual property and wire fraud laws.

Third party channels of communications

KAREDA S.A. uses Telegram, YouTube, and LinkedIn as official sources of communication. These accounts, unless compromised, represent official point of views and any information posted there is representative and informative of our business. We especially recommend Telegram for everybody, including employees and shareholders, since it allows for highly secure channels of communications, it addition to an privacy feature which allows contacting people only by searching for their Telegram ID, instead of requesting phone numbers.

Records updating and request of information from shareholders

KAREDA S.A. is obliged by the Romanian law to keep records of shareholders’ contact details. If any changes appear in the data provided by you to the Company, you must notify us as soon as possible via any of the communication channels. If we notice that your data is about to expire, we will request you to update it. These requests must be met as soon as possible, because all accounts having expired/unreliable contact data can be suspended. This means suspension of voting rights, the right to sell-buy, transfer or to cash-in dividends.

Publishing and display of client projects on Company’s website

KAREDA S.A. reserves the right to showcase on its website the technological capabilities and hard-gained know-how by posting visual material from the projects of our clients, but with two conditions: the names of the clients are not revealed and all care must be taken so as to ensure that locations of the project(s) AND/OR assets are not made available to the public, both explicitly and implicitly. For that reason we will not publish material that could effect the competitive edge of our clients.