TERMS & CONDITIONS
Last updated: June 12, 2023
TABLE OF CONTENTS
1. Introduction
2. Acknowledgement
3. Business model
4. Risk information
5. Interpretation
6. Definitions
7. Use of the Nordensa Platform
8. Intellectual Property
9. Links to Other Websites
10. Termination
11. Limitation of Liability
12. "AS IS" and "AS AVAILABLE" Disclaimer
13. Governing Law
14. Disputes Resolution
15. Severability and Waiver
16. Translation Interpretation
17. Changes to These Terms and Conditions
1. INTRODUCTION
Nordensa Football SRL, registered with the Romanian Trade Registry Office next to the Cluj Court under no. J12/6438/2022, fiscal code 47032637, Paris St. no. 102, Cluj-Napoca (referred to as either "Nordensa", "We", "Us" or "Our" in these Terms and Conditions) is a technology company active worldwide which allows fans to support football players - who are scouted and vetted by the Nordensa scouting team – via an online platform (the “Nordensa Platform”) which is dedicated to football fans who:
are interested in being up to date with up-and-coming talent and to receive football data and scouting reports regarding promising players scouted by Nordensa;
are interested in partnering with Nordensa in its’ business by making financial contributions to such partnership, so to support the career of a player and create a chance for that player to pursue a professional career
These Terms and Conditions were issued by Nordensa on June 12, 2023.
The Nordensa Platform can be used by a person who has been approved by Nordensa as a user of the Nordensa Platform, in that person’s capacity as a Registered User or a Backer (each of these terms has the meaning given to them below, and collectively will be referred to as a “User”, or “You”, as further detailed below).
Nordensa reserves the right to deny a User from using the Nordensa Platform. While assessing a User for approval, Nordensa can, inter alia, take into account possible formal restrictions applicable with regard to the User’s domicile country jurisdiction. In case the User is not approved by Nordensa, any User Account (as defined below) opened by the User will be promptly deactivated and deleted.
2. ACKNOWLEDGMENT
These are the Terms and Conditions governing the use of this Service (as defined below) and the agreement that operates between You and Nordensa. These Terms and Conditions set out the rights and obligations of all users regarding the use of the Service.
Your access to and use of the Service is conditioned on Your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users and others who access or use the Service.
By accessing or using the Service You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms and Conditions then You may not access the Service.
Your access to and use of the Service is also conditioned on Your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your personal information when You use the Application or the Website and tells You about Your privacy rights and how the law protects You. Please read Our Privacy Policy carefully before using Our Service available at nordensa.com/privacy-policy.
3. BUSINESS MODEL
Nordensa is conducting a fan-centred business that seeks to identify young and talented football players (the “Players”) via Nordensa’s team of (data) scouts and data systems and algorithms with the aim of creating a chance for them to showcase their talent to a professional football club, ideally in Europe (the “Clubs”), inter alia by entering into a partnership with backers (see below) and by (i) providing certain services (exemplified in section 3.2 below) to the Player and (ii) by means of a funded trial with Clubs with which Nordensa has concluded scouting agreements.
With the aim of conducting its business activity, in relation to each Player identified by Nordensa, Nordensa envisages to partner with football fans, by entering into a joint venture agreement (a “JV Agreement”) with fans who would be willing to participate in Nordensa’s business by contributing funds which are needed to provide the required services to the Player (i.e. create visibility for the athlete towards fans and clubs via Nordensa Platforms, help build a personal brand, set up and take care of social media platforms & create content, mental health coaching, organize and cover financial costs of a trial/trials etc.).(the “Player Services”)
For the purpose of attracting potential Backers to partner with Nordensa in order to provide the Player Services, Nordensa will post information regarding each such Player on the Nordensa Platform (a “Support Campaign”).
Nordensa, on behalf of the Nordensa Joint Venture (the “JV”) will enter into a private agreement with a Player, by means of which, depending on the amount of money the JV raises and dedicates to providing the Player Services to the respective Player, the JV Partners (as defined below) will be entitled, if the Player is successful, to receive the equivalent of a certain percentage of the Players’ football related revenues stemming from contracts signed in the next five years.
Separately, Nordensa, on behalf of the JV, only where necessary, and depending on the amount raised at JV level, might enter into a separate agreement with a Club which is interested in signing the Player, foreseeing the payment of an incentive to said club to sign the Player.
4. RISK INFORMATION
Nordensa reminds the Users of the Nordensa Platform that partnering with Nordensa in a JV, by signing a JV Agreement for the supporting Players is not a risk-free endeavour. With respect to each Campaign (as defined below), and the Player thereby concerned, Nordensa will share with each Backer only the specific share of the profits from the Player Service Fee (as defined below) to which they are entitled under the conditions of the Campaign and the JV Agreement. This means that each Backer, in their partnership with Nordensa with respect to a certain Campaign, can receive less (or no) monetary benefits than the funds they have contributed to the partnership with Nordensa.
5. INTERPRETATION
The words of which the initial letter is capitalized have the meanings given to them in section [6] (Definitions).
The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.
6. DEFINITIONS
For the purposes of these Terms and Conditions:
“Affiliate” means an entity that controls, is controlled by or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.
“Backer” means, with regard to a specific Support Campaign, a Registered User who has also partnered with Nordensa with regard to the relevant Player, and has duly signed the relevant JV Agreement and fulfilled his/her obligations under the JV Agreement.
“Support Campaign” has the meaning given above.
“Club” means a collaborating football club, who has interest in a particular Player
“Country” refers to Romania
“JV Agreement” has the meaning given above.
“JV” has the meaning given above.
“JV Partners” means Nordensa and the Backers contributing to a specific JV
“Nordensa Platform” refers to the Nordensa Platform developed by Nordensa which is available as a FREE download on the Apple App Store, Google Play Store and as a web application
“Player” means a football player who has been vetted by Nordensa’s team of scouts and listed on the Nordensa Platform for the purposes of a Campaign.
“Player Services” has the meaning given above.
“Player Service Fee” means the equivalent of a percentage of the Player’s football-related revenue, which will be payable by the Player to Nordensa representing the relevant JV, and the profit resulting from such fee distributed to the JV Partners.
“Registered User” means a User who as created a User Account, but has not yet partnered with Nordensa with regard to a Player, so is not yet a Backer.
“Service” refers to the services rendered by Us to the Users via the Nordensa Platform (which will be hosted both online and via a mobile application), including the services provided by Nordensa to its Backers in relation to the Campaigns, JV Agreements.
“Terms and Conditions” (also referred as "Terms") mean these Terms and Conditions that form the entire agreement between the Users and the Company regarding the use of the Service.
“Third-party Social Media Service” means any services or content (including data, information, products or services) provided by a third-party that may be displayed, included or made available by the Service.
“Unregistered User” means a visitor to the site, who has not yet created a User Account
“User Account” means the account that a Registered User or , a Backer, [a Player or a Club] creates, in their own name, on the Nordensa Platform.
“User” or “You” means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable, including Registered Users and Backers, in the conditions laid down in Section [12] (“AS IS” and “AS AVAILABLE” Disclaimer)
“Website” refers to the Nordensa presentation / corporate website accessible at www.nordensa.com
7. USE OF THE NORDENSA PLATFORM
The Nordensa Platform is available as an app that can be freely downloaded on Apple App Store and Google Play Store. In addition, it is also available as a web-application.
All Users who access Nordensa Platform or get to download the Nordensa app need to create an account using their email address whilst sharing their name and country of residence in order to gain access to the app’s content and features.
Registered Users may perform the following actions on the Nordensa Platform:
Customize their user account by adding a profile picture and other types of personal information in the dedicated sections;
Interact with other Registered Users and with the Nordensa Platform through posting comments and liking others’ activity on the Nordensa Platform.
Participate in a JV Agreement pursuant to article 7.5.
Registered Users are solely responsible for their own behavior while accessing and using the Nordensa Platform. You agree to use the Platform only for purposes that are legal and in accordance with these Terms and Conditions and any applicable laws or regulations.
Any deviation the aforementioned obligation may be sanctioned by deleting the User account or temporarily restricting access to the Nordensa Platform.
The content posted on the Nordensa Platform belongs to the Registered Users who posted it. By posting on the Platform, Registered users grant Nordensa a non-exclusive license, free of charge, unlimited in time and territory for the reproduction, publication, transmission and dissemination of the content.
Registered Users maintain all responsibility towards the accuracy, lawfulness and reality of the information posted on the platform. To this end, You agree not to create, transmit or distribute through the Platform any content that:
Is illegal or would constitute, encourage or provide instructions for a criminal offence, or violate the rights of any other party, violate any national or international laws or in any other way cause harm or prejudice to another person;
Is defamatory, violent, harassing, hateful, threatening, offensive, discriminatory, abusive, indecent, invasive of privacy, misleading, fraudulent or otherwise unacceptable;
May infringe a trademark, trade secret, copyright or other intellectual property right;
By which You impersonate another person or entity or by which your affiliation with a person or entity is incorrectly created;
Is designed to trick or deceive other Users of the Nordensa Platform
We reserve the right to remove content that is reported by other Users as violating this paragraph or that are manifestly contrary to this paragraph, without assuming any general obligation to monitor the content. To report content pursuant to this paragraph, you may contact us at [email protected].
In order to become a Backer, and as part of entering into a partnership with Nordensa, Registered Users will need to agree to and sign the Nordensa JV Contract such in order to back a specific player the Registered User selected. The Registered User will have full access to the Nordensa JV contract before being taken to the signature page after which he will be redirected to Nordensa’s payment service provider in order to contribute the corresponding funds and obtain the corresponding share(s) in the possible Player Service Fee. In order to be able to sign the Nordensa JV Contract and become a Backer, Users need to provide accurate personal information.
Depending on the quantity of the contribution needed, several JV’s might be set up for the same player.
8. INTELLECTUAL PROPERTY
Nordensa is the owner and/or licensee of all the rights over the content of the Nordensa Platform, including but not limited to images, texts, trademarks, logo, web graphic elements, scripts and databases available therein. All rights, titles and interests in the Nordensa Platform including without limitation any intellectual property rights, as well as any know-how or ideas developed by Nordensa while providing the Services is and will remain the exclusive property of Nordensa or its licensors permanently.
The trademarks, logo and slogans displayed on the Nordensa Platform, including the mark „Nordensa”, (collectively the “Trademarks“) are owned by Nordensa. Nothing on the Nordensa Platform should be construed as granting any license or right to use the Trademarks without written permission of Nordensa. Your misuse of the Trademarks, or any other content on the Platform, except as provided in these Terms and Conditions, is strictly prohibited.
9. LINKS TO OTHER WEBSITES
Our Service may contain links to third-party web sites or services that are not owned or controlled by the Company.
The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services.
We strongly advise You to read the terms and conditions and privacy policies of any third-party web sites or services that You visit.
10. TERMINATION
We may terminate or suspend Your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if You breach these Terms and Conditions.
Upon termination, Your right to use the Service will cease immediately.
11. LIMITATION OF LIABILITY
To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information, for business interruption, for personal injury, loss of privacy arising out of or in any way related to the use of or inability to use the Service, third-party software and/or third-party hardware used with the Service, or otherwise in connection with any provision of this Terms), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.
12. “AS IS” AND “AS AVAILABLE” DISCLAIMER
The Service is provided to You "AS IS" and "AS AVAILABLE" and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, Nordensa, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, Nordensa provides no warranty or undertaking, and makes no representation of any kind that the Service will meet Your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.
Without limiting the foregoing, neither Nordensa nor any of the Nordensa's provider makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of Nordensa are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.
We do not provide any investment or financial advice, nor are We an investment andor job placement company. Thus, any reference to “investments” displayed on the Website and in the Nordensa Platform is mentioned only for illustrative/metaphorical purposes. Nordensa is not an entity licensed by any relevant competent authority for the provision of any investment and or financial services. It is at a User’s sole discretion and judgement whether they want to partner with Nordensa and enter into a JV with regard to supporting any Player. We are not responsible for the use or interpretation of information available on the Website and on Nordensa Platform.
The Service is available only to persons who are in full civil capacity according to their national regulations. You must understand and assume the risks associated with the use of the Service, and it is recommended to exercise a high level of prudence and responsibility in using the Service.
For the moment, the Service is only targeting citizens of member states of the European Union (this may change in the future). Citizens of the United States and other US territories do not have access to this Service. If You are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which you are resident.
13. GOVERNING LAW
The laws of the Country (Romanian law), excluding its conflicts of law rules, shall govern this Terms and Your use of the Service. Your use of the Application may also be subject to other local, state, national, or international laws.
14. DISPUTES RESOLUTION
If You have any concern or dispute about the Service, You agree to first try to resolve the dispute amicably, by contacting the Company.
15. SEVERABILITY AND WAIVER
Severability
If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.
Waiver
Except as provided herein, the failure to exercise a right or to require performance of an obligation under this Terms shall not effect a party's ability to exercise such right or require such performance at any time thereafter nor shall be the waiver of a breach constitute a waiver of any subsequent breach.
16. TRANSLATION INTERPRETATION
These Terms and Conditions may have been translated if We have made them available to You on our Service. You agree that the original English text shall prevail in the case of a dispute.
17. CHANGES TO THESE TERMS AND CONDITIONS
We reserve the right, at Our sole discretion, to modify or replace these Terms at any time. If a revision is material, We will make reasonable efforts to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at Our sole discretion.
By continuing to access or use Our Service after those revisions become effective, You agree to be bound by the revised terms. If You do not agree to the new terms, in whole or in part, please stop using the Nordensa Platform and the Service.
Contact Us
If you have any questions about these Terms and Conditions, You can contact us:
By email: [email protected]