OLEGUM SRL – LEGAL
User Agreement
Effective date: 1 January 2026 · Governing law: Romania / European Union
1. Parties
This User Agreement ("Agreement") is entered into between OLEGUM SRL ("Company", "we", "us"), registered in Brasov, Romania, European Union, and any individual or legal entity accessing or using our services ("Client", "you").
2. Scope of Services
OLEGUM SRL provides software development, product strategy, infrastructure management, and security services. The specific scope, deliverables, timelines, and fees applicable to any engagement are defined in a separate Statement of Work ("SOW") or Service Agreement signed by both parties.
3. Intellectual Property
Upon full payment of all agreed fees, the Client receives full ownership of all custom-built software, codebases, and deliverables produced exclusively for the Client under an engagement. OLEGUM SRL retains ownership of pre-existing tools, frameworks, proprietary engines (including the Oasis Engine and Oasis Netwatch suite), and general methodologies. A perpetual, non-exclusive licence to use such tools within the Client's deliverables is granted upon project completion.
4. Confidentiality
Both parties agree to maintain strict confidentiality regarding all non-public technical, business, and strategic information shared during the engagement. This obligation survives termination of the Agreement for a period of three (3) years.
5. Payment Terms
Payment schedules are defined per SOW. Standard terms are: 50% upfront upon signing and 50% upon delivery milestone. Invoices are payable within 14 days of issuance. Late payments accrue interest at 1.5% per month in accordance with EU Late Payment Directive 2011/7/EU.
6. Limitation of Liability
OLEGUM SRL's total aggregate liability for any claims arising under this Agreement shall not exceed the total fees paid by the Client in the three (3) months preceding the claim. OLEGUM SRL is not liable for indirect, incidental, consequential, or punitive damages.
7. Termination
Either party may terminate an engagement with 30 days' written notice. In the event of material breach, the non-breaching party may terminate immediately upon written notice. Fees for work completed up to the termination date are due in full.
8. Governing Law & Dispute Resolution
This Agreement is governed by the laws of Romania and the applicable regulations of the European Union. Any disputes shall be resolved first through good-faith negotiation, and thereafter by the competent courts of Brasov, Romania.
9. Amendments
OLEGUM SRL reserves the right to update these terms. Material amendments will be communicated in writing. Continued engagement following notification constitutes acceptance of the revised terms.