Terms of use

GENERAL TERMS AND CONDITIONS OF PURCHASE IN THE SMARTWATT E-SHOP

1. Introdution

This document (and any document referring to the present) defines the terms and conditions that bind the use of the current website (www.smartwatt.gr ) and the products purchase through this website (hereinafter the ‘Terms and Conditions’).

Please read carefully these Terms before starting to use this website. By making use of the current website or submitting an order through it you agree that you are committed to these terms and conditions, so if you do not agree, you should not use this website.

The present Terms and Conditions may be modified. It is your responsibility to read them regularly, as the Terms and Conditions that are valid at the moment when the contract is made (as it is defined below) are the ones to be applied.

In case you have any question concerning the Terms and Conditions you can contact us.

2. Our personal information

The sale of products through this website under the trade name smartwatt is carried out by the Société Anonyme named “WATT AND VOLT EXPLOITATION OF ALTERNATIVE FORMS OF ENERGY SOCIETE ANONYME” and the distinctive title “WATT AND VOLT S.A.”, that has its registered seat in Maroussi, Attiki, on 217 ^Α Kifissias Avenue.

3. Your personal information and your visits to this website

The information or the personal data that we are provided by you are subject to processing according to Data Protection Policy. By using the current website, you give your consent to the process of the aforementioned information and data and you make clear that all the information and data provided are true and accurate.

4. The use of our website

By using the current website or/and submitting an order through this, you undertake the responsibility:

a. to use this website only in order to submit fair and reasonable requests or orders.

b. not to proceed to false or deceptive orders. If we reasonably consider that such an order has been submitted, we have the duty to cancel it and inform the competent authorities.

c. to aptly and accurately provide us with your e-mail address, your postal address or/and other contact information. Furthermore, you agree that we may use this information in order to contact you in case it is considered necessary.

In case you do not provide us with all the information needed, we cannot proceed to your order.

By submitting your order through this website, you guarantee that you are at least 18 years old and that you have legal capacity to conclude binding contracts.

5. Availability

The products that are offered through the current website may be sent anywhere in Greece.

6. How a contract of products purchase is concluded

The information included in the present Terms and Conditions and the details included in the current website do not constitute a purchase offer but a call for information. No contract between you and us will be considered valid concerning any products, but only when your order has been expressly accepted by us. If we do not accept your order and any amount has already been withdrawn from your account, then it will be refunded in full.

In order to make an order you will be asked to follow the procedure of purchase and press the button ‘Payment’. Next, you will receive an email from us which confirms the reception of your order (“Order Confirmation”). Please keep in mind that this does not mean that your order has been accepted, as this constitutes a proposal from your part to us concerning the purchase of one or more products. All the orders are subject to their acceptance by us and the acceptance will be confirmed by sending you an email that will verify that the product has been sent (“Shipping Confirmation”). The agreement for the purchase of a product between us (“The Contract”) will only be considered concluded when you are sent the Shipping Confirmation.

The Contract will refer only to the products of which the sending we have confirmed in the Shipping Confirmation. We are not obliged to provide you with any further products that may be part of your order, but only when the sending of these products is confirmed with a separate Shipping Confirmation.

7. Products availability

All the orders of products depend on their availability. In view of that, in case there are difficulties in the product supplies or exhaustion of products in stock, we have the right to inform you concerning similar products of the same or superior quality which you can order. If you do not wish to order such similar products, we will repay you the amount you may have paid in full.

8. Order rejection

We have the right to withdraw from the current website any product anytime or/and remove or process any material or content in this website. Although we make all efforts in order to complete all orders submitted to us, under exceptional circumstances we may have to reject the completion of an order after having sent you the Order Confirmation, and we have the right to do so any time at our absolute discretion.

We bear no liability towards you or any other third party for the withdrawal of any products from the current website, as well as for the removal or processing of any material or content in this website or for the denial of completion or acceptance of an order after having sent you the Order Confirmation.

9. Products delivery

Subject to the provisions of Clause 7 above referring to the products availability and on condition that exceptional circumstances occur, we will make all efforts to complete your order for the product/products which are mentioned in the Shipping Confirmation until the date of delivery which is determined in the Shipping Confirmation or , if a delivery date has not been defined, within the calculated period of time that appears when you choose method of payment, and in any case within at the latest 30 days from the date of the Order Confirmation.

However, delays may arise in some cases, depending on the place of delivery or unforeseen circumstances.

If for any reason we do not manage to respond to the delivery date, we will inform you relatively and we will offer you the choice either to continue the purchase by determining from our part a new delivery date, or to cancel the delivery giving you a full refund. It must be noticed, though, that we do not carry out deliveries on Saturdays and Sundays.

For the purposes of these Terms and Conditions, the ‘delivery’ will be considered to have been carried out or the order will be considered to have been delivered when you or any third party defined by you, other than the carrier, has come into the possession or control of the products which will be proved by the signature in the delivery note of the order to the agreed delivery address.

10. Failure to deliver products

In case it is impossible for us to deliver your order, we will try to find a secure place to leave your package. We will also leave a note that explains the exact position of your order and what is needed in order to receive it. If you are not at the delivery point at the agreed time, please contact again the courier company in order to re-arrange the delivery some other day.

If, after 30 days from the time that your order is available for delivery, this order has not been delivered yet for reasons that are not due to our fault, we will assume that you wish to cancel the purchase agreement of the products and the Agreement will be considered expired. As a result of the termination of the purchase Agreement of the products, we will return, apart from the shipping charge, any payment we received, as soon as possible and in any case within 14 days from the date at which the Purchase Agreement of the products has expired.

11. Transfer of risk and ownership of the Products

The responsibility for the products is transferred to you from the moment that you or any third party defined by you, other than the carrier, has obtained possession or control of the products.

The ownership of the products is transferred to you either with the full collection from our part of the total amount due in relation to the products, including the shipping charge, or with their delivery (as determined in Clause 9 above) in case it is performed after the collection of the entire amount.

12. Price and Payment

The price of every product will be the one defined any time in our website, except for the occasions of apparent fault. We are always attentive to ensure that all prices in the website are accurate, however there may be faults. If we discover any fault in the price of any product that you have ordered, we will inform you as soon as possible and will give you the chance to confirm anew the order in the edited correct price or to cancel it. If it is impossible to contact you, we will consider that your order has been canceled and we will refund in full any amount you have paid.

We are not obligated to provide you with no product in a false lower price (even when we have sent you the Shipping Confirmation), in case the fault in price is obvious and unquestionable and may reasonably be recognized by you as false price.

The prices in our website include VAT (value added tax) but not the shipping charge, which is added to the total price.

The prices may change at any time, however, with the reservation of all the specifically aforementioned, possible changes will not affect the orders for which you have already been sent the Order Confirmation.

From the time you have chosen all the products that you wish to buy, they will have been added to your shopping basket and the next step is to proceed to your order and pay. In order to do this, you must follow the steps of the purchase procedure, by completing or verifying the information you are asked on every step. Further, during the purchase process, before payment, you may change the elements of your order.

The payment may be made by credit cards, via pay pal and Cash on Delivery with an additional cost.

In order to reduce the possibility of unauthorized access, the data of your card will be encrypted. As soon as we receive your order, we will ask for a pre-verification of your card in order to make sure that there is sufficient credit balance for the completion of the transaction. Your card will be charged only if your order is sent for delivery from our store.

If the payment is carried out via Pay Pal, the amount will be charged with the confirmation of your order. At the moment that you press the ‘Payment’ button, you confirm that the credit card belongs to you.

The credit cards are subject to verification and confirmation controls from the issuer of your card. If the issuer of your card does not approve of the payment, we have no responsibility for any delay or non-delivery and we cannot conclude an Agreement with you.

13. Buying as a Guest

This website allows the purchase through the function ‘buy as a guest’. This method of purchase demands only the necessary data for the process of your order.

13. Value Added Tax

According to the prevalent rules and the legislation, all purchases carried out through this website are liable to Value Added Tax(VAT).

Σύμφωνα με τους ισχύοντες κανόνες και τη νομοθεσία, όλες οι αγορές που γίνονται μέσω αυτής της ιστοσελίδας
υπόκεινται σε Φόρο Προστιθέμενης Αξίας (ΦΠΑ).

13. Return of Products Policy

15. 1. Right of withdrawal

Right of Withdrawal

If you transact as a consumer, you may withdraw from the Agreement (excluding the cases of any of the products of the Condition 13.5 hereunder, where the right of withdrawal is not provided) within 14 calendar days unjustifiable.

The deadline of withdrawal ends after the expiration of 14 calendar days from the day when you or any third party defined by you, other than the carrier, obtained the possession or control of the products, or in case of an order with more products after the ending of 14 calendar days from the day when you or any third party defined by you, other than the carrier, gained the possession or control of the last product.

In order to exercise the right of withdrawal, you may inform WATT AND VOLT S.A. at the address or on the telephone number 18383, by sending email to the address: orders@smartwatt.gr, for your decision to withdraw from this Agreement with your express statement (e.g. sending a letter by mail). You may as well use the form of withdrawal which appears in the Annex, without this being required.

In order to withdraw timely, you only have to send your communication form as regards your exercise the right of withdrawal before the ending of the deadline of withdrawal.

Consequences of withdrawal

If you withdraw from this Agreement, we will return with no delay and in any case within 14 days from the day we were informed about the withdrawal, all the payments we have received from you. The return will be carried out with the same method of payment that you used for the initial transaction. With the reservation of the aforementioned, we may however withhold the refund until the earlier of: a) return of all products b) sufficient evidence for the return of products.

You may return and deliver the products hand in hand at the company WATT AND VOLT S.A. headquarters, without delay and in any case the latest within 14 days from the day you informed us about your withdrawal from this Agreement. You are considered to have done this timely if you have dispatched the products for delivery before the ending of the deadline of 14 days.

You will bear the direct expenses of return of the products, except for the case that you deliver them hand in hand at the company WATT AND VOLT S.A. headquarters.

You are responsible for any impairment of the value of the products as a result of such a treatment that alters their nature, characteristics and function.

15. 2. Common Provisions

Your right to withdraw from the Agreement is valid only for the products that are returned in the exact same situation as you received them. No amount will be returned to you if the product has been used, if the product is not in the condition that was delivered, if it has suffered damage or if its packaging has been opened or/and damaged. Therefore, you must be careful for the due care of the products as long as they are in your possession. Please return the products using or including their original packaging, the manual and any other document which may come with the products. In any case, you have to return the products along with the receipt that you gained on their delivery.

After the withdrawal, the corresponding products must be returned as follows:

a) Returns by courier service, with additional cost for you.
 

b) Returns to the company WATT AND VOLT S.A. headquarters, with no additional cost for you.

After having examined meticulously the returned product, we will inform you whether you have a right to refund.

15. 3. Returns of defective products

In case you consider that the product you ordered does not, at the moment of its delivery, comply with the conditions of the Agreement, you have to contact us immediately and the latest within 7 days and we will provide you with instructions for further actions.

You may return the product at the company WATT AND VOLT S.A. headquarters or deliver it by courier service. In both cases, you must return the product with the receipt you received on the delivery of the product.

We will carefully examine the returned product and will inform you by email or by telephone within reasonable period of time whether you have a right to replacement or, if this is not the case, refund. The product replacement or the refund will be carried out as soon as possible from the date that we will inform you by email or by telephone that you are entitled to replacement of the defective product or to refund. In the case of defective products, the amount that has been paid will be returned in full, including the shipping charge. The refund will be conducted with the same method of payment that was followed on the purchase of the product.

16. Manufacturer’s liability and guarantee. Seller’s liability for defects

Every product is accompanied by the written guarantee of the supplier of WATT & VOLT, who supplies the product. Please pay attention to the conditions of the provided guarantee by the supplier, as well as to the supplementary documents and data which, at his own risk, are included in the products and especially the ones that refer to information about the secure use and maintenance of the products.

The duration of the guarantee must be reasonable in relation to the possible lifetime of the product. The probable lifetime of the product is the rationally expected time during which it can be used according to its purpose, even after repair or replacement, until damages cost by normal wear and tear renders the product useless or its further use unprofitable.

If during the period of the guarantee a defect appears in the product, which is not due to your incorrect/ negligent use, you may return the product at the company WATT AND VOLT S.A. headquarters, without additional cost for you or hand it in a courier service, with additional cost for you, sending it to the company WATT AND VOLT S.A. headquarters. In both cases, you must return the product with the receipt given to you on the product delivery and the written guarantee of the Supplier.

We will carefully examine the returned product and will inform you by email or by telephone in a reasonable period of time as for whether the product is going to be repaired, or if this is not possible, whether it is going to be replaced with a new product of the same characteristics and quality. The repair or replacement of the product will be carried out as soon as possible from the day that we confirm by email or by telephone that it will be repaired or replaced.

17. Personal Data Protection Policy

17.1 During your visit on the website of www.smartwatt.gr it is possible that you are asked to state your personal data (name, surname, profession, email, shipping address etc.) typically in order to complete your orders or to provide our services. Your personal data are processed solely for the performance of our transactions with you, the improvement of the provided services and in order to ensure the functionality of our service and may not be used by no third party (excluding the case where it is called for by the Law only to the competent authorities.)

In any case the employees at WATT AND VOLT S.A. who have access to your personal data are specific and the access of people without legal authorization to your personal information is prohibited. Every reasonable measure for the security of your data has been taken. Your personal data in extremely rare and special occasions may be communicated to cooperating companies of WATT AND VOLT S.A., with the intention of supporting, promoting and performance of our contractual relation, but always on condition that your personal data are not subject to any illegal processing.

For any question or suggestion or statement that refers to these matters please contact us by using the online communication form.

At any time the user has the right of update or objection to the further processing of his data according to the legislation about personal data protection.

17.2 Transactions Confidentiality

Our commitment to confidentiality is self-evident. The same principles that govern the typical transactions apply to the occasion of e-commerce. All the information conveyed by the user/member in WATT AND VOLT S.A. is confidential and WATT AND VOLT S.A. has taken all the necessary measures so that the use of this information takes place only to the extent that is needed for the provision of the services. Some of the measures that have been taken are the following:

Only authorised employees have access to the information of your transactions and only when it is necessary e.g. for the completion of your application forms.

WATT AND VOLT S.A. does not reveal the data of its customers and their transactions, unless there is a written authorisation from the customers or unless it is ordered by virtue of a court decision or a decision by other public authorities.

In case WATT AND COLT S.A. makes use of third parties for the support of its systems, it ascertains the security of the privacy.

With the reservation of the provisions of Clause 17.1 in this paper, which refers to the Personal Data, you may ask for any data that are kept for you as well as for their correction in case you can substantiate the existence of errors.

For your own security, you must as well handle all the information provided by the company as confidential and private and not proceed to any disclosure of this to third parties.

17. Intellectual property

You accept and agree that all the intellectual property rights, trademarks and all the other rights of intellectual property related to all the material and the content provided as part of the website belong at any time to us or to those who provide us with their license of use. The use of this material is allowed by you only to the extent that is explicitly approved by us or the licensees. This does not prevent you from using the current website to the extent needed in order to create a copy of an order or the data of the Agreement.

17. Viruses, Piracy and other electronic crimes(cyber-crimes)

You are not allowed to make inappropriate use of the current website by spreading consciously viruses, Trojan horses, worms and other malicious software or other material that is malicious or technologically harmful. You are not allowed to attempt non-authorized access to this website and its server or to any other server, computer and database related to our website. You undertake not to attack the website by denial of service or by distributed denial of service.

The breach of this obligation may constitute a criminal offence according to the current legislation. Any such breach will be referred to the competent prosecuting authorities with whom we will cooperate in order to reveal the identity of the electronic infringer (cyber criminal). Similarly, in the case of such a ‘crime’ you will be deprived of your right to use the current website.

We have no responsibility for any loss or damage caused by denial of service attack, viruses or other kind of malicious software or technologically harmful material that may infect your computer, its components, its data or any other material because of the use of this website or because of download of material contained in it or in another website of similar material to which our website refers.

17. Links in our website

Our website may contain links to other websites and sources that are provided by third parties. Such links are provided purely for information, whereas the content of these websites or sources is in no case under our control. Therefore, we have no responsibility for any loss or damage that may be caused by the use of these links.

17. Written Communication

The current legislation demands that some of the information or notifications that we send you are in written form. When you use our website, you agree that the communication with us will be held mostly, but not purely in electronic form. We will communicate with you by e-mail or we will provide you with information by publishing announcements in our website. For contractual reasons, you agree to this electronic form of communication and you acknowledge that all the agreements, notifications, information and other announcements provided to you electronically are in accordance with every legal requirement on the basis of which this kind of communication must be in written form. This condition does not affect your legal rights.

17. Notifications

All the notifications addressed to us by you must be submitted via the internet form of communication. With the reservation of the Clause 20 above and as otherwise provided we have the right to notify you either by email to the email address given to us when submitting your order or by telephone.

The notification will be considered to have been properly served and received as soon as it is put up in our website or 24 hours after the sending of an email or three days after any letter has been sent. Sufficient proof of delivery of every notification will be, in case of a letter, the fact that this letter has the right address, the postal charges and whatever has been delivered to the post office and, in case of an email, that this email was sent to the specified email address of the recipient.

17. Assignment of Rights and Obligations

The Contract between you and us is binding for both as well as for the successors and our assignees.

You are not allowed to transfer, assign, charge or make available in any way the Contract, or any of your rights or obligations hereunder, without our prior written consent.

We have the right to pass on, grant, charge, subcontract or make available in any other way the Contract, or any of our rights and obligations resulting from this, at any time during the period that the Contract is valid. For the avoidance of doubt, any such transfer, assignment, charge or any other kind of disposal does not affect your legal rights as consumer neither annuls, reduces nor in any other way limits any explicit or tacit guarantee that we may have provided to you.

17. Events of Force Majeure

We will not be accountable or responsible for any failure or delay in the fulfilment of any of our obligations on the basis of a Contract, that has been caused by events that are not under our reasonable control (Event of Force Majeure).

As an event of Force Majeure, we consider any action, event, nonoccurrence, omission or accident that is not under our reasonable control and includes indicatively (but not limited to) the following:

a. Strikes, lockouts or other trade union actions.

b. Social tension, uprising, invasion, terrorist attack or imminent terrorist attack, war (either having been declared or not) or threat or preparation for war.

c. Fire, explosion, storm, flooding, earthquake, subsidence, epidemic disease or other natural disaster.

d. Incapacity of use of railways, ships, airplanes, motor vehicles or other public or private means of transport.

e. Incapacity of use of public or private telecommunications networks.

f. Acts, decrees, laws, regulations or government restrictions.

g. Every strike, damage or accident of shipping and postal services or the other means of transport.

The fulfilment of our contractual obligations is considered to be suspended for the duration of the Event of Force Majeure and our contractual obligations will be prolonged for a period of time equal to the duration of this event. We will make all efforts to end the Event of Force Majeure or find a solution that makes the fulfilment of our contractual obligations possible despite the Event of Force Majeure.

17. Waiver of Rights

If at any time during the period of validity of the Contract we do not look for the strict fulfilment of some of your contractual obligations or any of these terms and conditions and requirements or/and if we do not manage to exercise any of the rights or remedies to which we are entitled on the basis of the Contract or these Terms and Conditions, this does not constitute waiver or restriction of the said rights and remedies and does not release you from your duty to comply with your obligations.

The waiver from our part of some individual claim does not constitute the waiver of a similar claim in the future.

No waiver from our part of any of the present Terms and Conditions or of the rights and remedies that we have in the Contract will be considered valid, but only if it is clearly stated that it is a waiver and you are notified in written form, according to what is defined in the above Condition that concerns Notifications.

17. Partial Invalidity

If some competent authority determines that some of these Terms and Conditions or provisions of the Contract are invalid, illegal or non-enforceable to any extent, these Terms and Conditions or Provisions will be dissociated to this extent from the other Conditions and provisions, that will continue been applied to the greatest possible extent allowed by the law.

17. Entire Agreement

The present Terms and Conditions as well as every document that explicitly refers to those constitute the entire agreement between us regarding the subject of every Contract and replace any previous written or oral agreement, understanding or settlement between us.

We both recognise that, for the conclusion of the Contract, no one was based to any statement, commitment or promise that may have been given by the other party or may have been implied orally or in written form during our common negotiations before the Contract, unless otherwise explicitly specified in the present Conditions.

No party can exercise any remedy regarding any false statement made by the other party, in either oral or written form, before the day of the Contract (unless the false declaration was fraudulent) and the exercise of remedy from the other party will be allowed only for a possible infringement of the Contract, as provided in the present Conditions.

17. Our Right to Amendment of the Present Terms and Conditions

We have the right to revise and amend the present Conditions at any time.

At the time that you order products from us or you make use of this website, you are subject to our existing policies and Conditions, unless it is demanded that any modification of the specific policies or our Conditions will take place by law or governmental authority, in which case any changes will be valid for the orders placed before the changes as well.

17. Governing Law and Jurisdiction

The use of our website as well as the Conventions for the products purchase are regulated by the Greek law.

Any dispute that derives from or relates to the use of the website or the said Contracts, is under the exclusive jurisdiction of the courts of Athens.

17. Comments and Suggestions

Your comments and suggestions are always welcome. Please send us your comments and suggestions through our internet form of communication.

There are also formal forms of complaints for consumers and users available. You may ask for them by calling us at ………………..or through our form of communication.

Last updated

ANNEX

Withdrawal Form

(complete and return this form, only if you wish to withdraw from the Contract)

To: WATT AND VOLT S.A.

Address:

I hereby give notice that I withdraw from this sales contract in relation to the following goods:

Date of order/delivery (*): ………..

Name of consumer: …………

Address of consumer: ………………

Signature of consumer (only in case that this form is submitted in written form): ……….

Date: …………

(*) Delete respectively:

SPECIAL TERMS AND CONDITIONS OF SMARTWATT PURCHASE FOR WATT+VOLT CLIENT

THE CLIENT acknowledges and accepts that:

1. The duration of the provided use of the smartwatt service is 12 months and starts with the acceptance of the present terms and conditions, unless a written smartwatt contract has already been concluded in which case the duration starts from the date that the contract has been signed.

2. After the ending of the 12 months the duration is automatically renewed for another 12 months and so on.

3. The cost of the service for the CLIENT who contracted with WATT+VOLT with an electricity supply contract amounts to €0,99 / month. This price arises after a subsidy of €2 /month, as the initial cost of the service amounts to €2,99 /month.

4. Furthermore, the CLIENT is subsidized for the acquisition of Gateway with a subsidy percentage of 25% and for the acquisition of the other smart devices with a subsidy percentage of 20% on the prices of the pricelist, as it is valid on the day of the acquisition of each device. WATT AND VOLT may readjust these subsidy percentages, depending on the existing trade policy.

5. The CLIENT of WATT+VOLT that buys the smartwatt service is committed to remain in the service for 12 consecutive months every time, by the end of which directly comes the amortization of the subsidy of the service.

6. In case the CLIENT wishes to terminate the smartwatt contract, that is to discontinue the service, before the end of the 12 months, he/she is obliged to pay off to WATT+VOLT the total value of the subsidy that he/she has been provided until then for the use of the smartwatt service, that is €2 for every month spent in the service.

7. The amortization for the subsidy of the acquisition of any smart device comes by the end of 12 months from the days of its acquisition. In case that the CLIENT wishes to terminate the contract before the end of the 12 months from the acquisition of any smart device, he/she is obliged to pay the value of the subsidy that has benefited from this on its acquisition, in accordance with the following table of amortization, regardless of whether the time of its acquisition is the same as the date of acceptance of the present conditions –or of the written smartwatt contract or not:

Example 1

Assuming that the CLIENT buys smartwatt service of 12 months’ duration on the 01/01/2017 and proceeds to the following purchases:

1. 01/01/2017 purchase of equipment €100 with a subsidy of 30%

(subsidized amount €30, expiry date of amortisation of the subsidy 31/12/2017)

2. 01/04/2017 purchase of equipment €200 with a subsidy of 30%

(subsidy amount €60, expiry date of amortisation of the subsidy 31/03/2018)

In case that the CLIENT terminates the smartwatt contract on 01/06/2017, he/she will be obliged to return, according to the table of amortisation, the following amounts:

1. €30 * 214 / 365 = €17,59

2. €60 * 304 / 365 = €49,97

That means in total he/she is obliged to return the amount of €67,47.

Example 2

Assuming that the CLIENT purchases smartwatt service of 12 months’ duration on 01/01/2017 and proceeds to the following purchases:

1. 01/01/2017 purchase of equipment €100 with a subsidy of 30%

(subsidized amount €30, expiry date of amortisation of the subsidy 31/12/2017)

2. 01/04/2017 purchase of equipment €200 with a subsidy of 30%

(subsidized amount €60, expiry date of amortisation of the subsidy 31/03/2018)

3. 31/12/2017 purchase of equipment €1.000,00 with a subsidy of 30%

(subsidized amount €300, expiry date of amortisation of the subsidy 30/12/2018)

In case that the CLIENT terminates the smartwatt contract on 01/01/2018 (that is the date on which the smartwatt contract ends), he/she will be obliged to return, according to the table of amortisation, the following amounts:

1. €30 € * 0 / 365 = €0

2. €60 € * 90 / 365 = €14,79

3. €300 € * 364 / 365 = €299,17

That means in total he/she is obliged to return the amount of €313,96.

8. The above described under reference 6 and 7 are valid also in case of:

1. early termination of the smartwatt contract from WATT+VOLT for serious cause, as the non-compliance by the CLIENT with any of the currently specified contractual obligations, which are all agreed as material and on condition that the breach has not been cured within the deadline set for remedy by WATT + VOLT which cannot be less than 30 days.

2. Early termination of the electricity supply contract by the CLIENT

3. Early termination of the electricity supply contract by WATT+VOLT for the reasons mentioned in No 11 of the General terms and conditions of the electricity supply contract.

9. In the above cases in points 8ii and 8iii, as long as the CLIENT wishes to make use of the smartwatt service, he/she will proceed to its purchase by e-shop, or by any other appropriate way and will be charged €2,99/ month for the use of the service.

13. Similarly, in case he/she wishes to proceed to smart devices purchase, he/she will not have the privilege of a subsidy, but will be charged according to the existing pricelist.

SPECIAL TERMS AND CONDITIONS OF PURCHASE OF SMARTWATT SERVICE FOR NON-CLIENTS OF WATT+VOLT

The CLIENT acknowledges and accepts that:

31. The duration of the right to use the smartwatt service is 12 months and starts with the acceptance of the present conditions.

32. After the ending of the 12 months the duration is automatically extended for another 12 months and so on.

33. The cost of the service comes to the amount of €2,99/month, and the total cost of the purchase of the service is paid in advance.