Terms of Use

General Terms of Use for VERBUND websites

1. Scope and Range of Services

(1) The subject matter of these Terms of Use is the use of the websites (hereinafter referred to as “VERBUND websites”) provided by VERBUND AG (hereinafter referred to as “VERBUND”). The service provider of the VERBUND websites is VERBUND.
(2) On its VERBUND websites, VERBUND offers industry- and company-related information to its customers, business partners and the general public. Furthermore, specific services (e.g. special customer portals) may be offered that are subject to special terms of use and/or require special registration. Such special terms of use shall replace or supplement the Terms of Use of the VERBUND websites and shall have priority over them. 
(3) By visiting and/or using the VERBUND websites you hereby accept the Terms of Use of the VERBUND websites in their respectively effective version. VERBUND shall be entitled to amend these Terms of Use from time to time. 
(4) VERBUND shall be entitled to partially or fully shut down the VERBUND websites and/or change the contents and/or services as required. VERBUND shall assume no guarantee for the uninterrupted availability of the VERBUND websites. Users shall have no right to the use or continued maintenance of the VERBUND websites. 
(5) Unless a user of the VERBUND websites is a consumer in terms of § 1 of the Consumer Protection Act, §§ 9, 10 of the E-Commerce Act shall not be applied.

(1) Unless otherwise stated, copyright and all related rights of use for all documents (texts, images, graphics and suchlike) published on the VERBUND websites shall be held exclusively by VERBUND. With regard to all rights (e.g. intellectual property rights, copyrights or similar rights), nobody will be granted a licence or any other kind of right based on the utilisation of VERBUND websites. 
(2) The reproduction of documents on the VERBUND websites for personal, non-public and non-commercial use and the utilisation or use of explicitly offered documents shall be excluded from the above provision. Trademarks, designs, images, texts, parts of texts or any other contents published on the VERBUND websites must not be changed, copied, reproduced, utilised, supplemented or utilised in any other manner without prior written approval by VERBUND.

(1) VERBUND may be held liable for damages to the user as a result of the utilisation of VERBUND websites only in the event of wilful intent or gross negligence. Also excluded is any liability for loss of earnings, savings that have not been achieved, lost or changed data, indirect damages or damages resulting from claims of third parties unless otherwise required by mandatory law. 
(2) VERBUND shall assume no liability for incorrect or missing information on the VERBUND websites. The user shall consequently assume sole responsibility for any decisions based on the information made available on the VERBUND websites. VERBUND disclaims, in particular, any liability for direct, specific losses or consequential losses or any other type of damages sustained, arising for whatever reason, from either the direct or indirect use of the information published on the VERBUND websites. 
(3) VERBUND shall assume no responsibility or warranty for any services offered on the VERBUND websites that are arranged, created or otherwise provided by third parties. 
(4) VERBUND has used reasonable endeavours to ensure the accuracy and completeness of the information published on the VERBUND websites at the time it was made available. VERBUND makes no warranty and assumes no guarantees whatsoever for the information published on this website, such as downloads, external links or other content that can be used either directly or indirectly from the VERBUND websites or can be downloaded from these websites. VERBUND shall also reserve the right to make changes or amendments to the information published on the websites without giving prior notice.

4. Availability of the VERBUND websites

(1) VERBUND shall make every effort to operate its VERBUND websites continuously and ensure their accessibility, depending on the available technical, economical, operational and organisational possibilities. 
(2) VERBUND shall assume no warranty or guarantee that the VERBUND websites or their contents are at all available or available without interruption, without error or that errors are corrected. Nor does VERBUND accept any guarantee that the VERBUND websites or auxiliary means (such as the server) are free of viruses or any other harmful components. To the extent legally permissible, VERBUND shall expressly assume no liability whatsoever for any kind of damage arising from making the VERBUND websites or any auxiliary means available. 
(3) VERBUND shall assume no liability for any periods during which the VERBUND websites are not available due to technical or any other type of problems.

(1) Any information about the financial market on VERBUND websites, in particular about the VERBUND share, as well as information about any company-related developments, does not constitute legally binding information. None of the information made available represents a call to buy or deal with shares (and/or with any kind of securities).
(2) The VERBUND websites may contain contents with forward-looking statements that are based on the current situation. Such information is subject to high risks, since VERBUND’s business development may be controlled by a large number of external factors over which the company has no control. None of these contents, therefore, represent in any way the basis for decisions to buy or deal with shares.
(3) The prices for the VERBUND share and any related information on the share on VERBUND websites are made available by Investis Flife AG based in Eichendorffstrasse 12 c+d, 97072 Würzburg, Germany. VERBUND shall assume no liability for the accuracy or availability of the data.

6. External Links

VERBUND websites contain external links directing our users to third-party websites. VERBUND has no influence regarding availability, quality and content of linked websites and assumes no responsibility for the content of external websites that may violate prevailing laws or cause some form of damage to the visitors of said websites.

7. Applicable law and place of jurisdiction

These provisions are governed exclusively by the substantive law of the Republic of Austria excluding the conflict-of-law rules of international private law and excluding the provisions laid down in the United Nations Convention on Contracts for the International Sale of Goods (CISG). The competent court of Vienna, Inner City (Innere Stadt), shall have jurisdiction. In the case of disputes with users who are consumers according to § 1 of the Consumer Protection Act, the competent court of the place of residence or habitual residence or employment shall have jurisdiction as provided by § 14 of the Consumer Protection Act.

8. Final provisions 

Should any individual provisions of these Terms of Use be or become totally or partially ineffective or incomplete, this shall not affect the validity or effectiveness of the remaining provisions or parts of such provisions. The invalid provision shall be deemed as replaced by such valid provision that as closely as possible reflects the economic purpose of the invalid provision. 

Conditions of participation for VERBUND prize draws in the social web

Valid from December 2018

1. These conditions of participation take effect when people participate in prize draws of VERBUND AG, Am Hof 6a, 1010 Vienna (“VERBUND”) in the social web. By participating in the prize draw, the participants accepts the conditions of participation and confirms the correct, truthful and complete provision of the data requested for participation in the prize draw. Any further conditions of participation (e.g. type and duration of the prize draw, type and extent of the prize, type of participation) will be indicated for each prize draw.

2. The prize draw is open to citizens and permanent residents of Austria and Germany aged 18 years or over. Participation is restricted to one entry per person. Participation in the competition is only possible in your own name. Present and former employees of VERBUND and its subsidiaries as well as their family members and all advertising agencies and event companies involved in organising and holding the prize draw as well as their respective family members are excluded from participating in the prize draw. Persons who use unauthorised resources, or otherwise obtain advantages through manipulation (e.g. automated entries), are also excluded. In such an event, prizes may subsequently also be revoked and reclaimed. VERBUND reserves the right to demand participants furnish proof that they fulfil these terms and conditions. If this proof is not furnished as requested, the participant may be excluded from the prize draw.

3. Participation is free of charge (with the exception of any costs for the necessary internet connection), voluntary and without obligation for the participants.

4. The winner will be drawn from amongst all successful entries. The draw will take place privately and without the attendance of a notary public. The winner will be drawn at random from amongst all entries.

5. VERBUND reserves the right to delete posts that violate the guidelines of a social network, the rights or third parties or applicable law. There will be no notification about the deletion.

6. Data protection information: The personal data collected for participation in the prize draw (title, gender, first name, last name, contacts details (e.g. email address and/or phone number and information relevant to the prize draw) will be used by VERBUND to process and administer the prize draw until the prize draw ends and thereafter if any claims can be brought from participation in the prize draw. Further information regarding your privacy can be found at www.verbund.com/en-at/data-protection.

7. The winner hereby declares that his/her name may be published by VERBUND in online media (website, social media, etc.). This consent may be revoked at any time (by sending an email to service@verbund.at). The winner can only be published without consent in anonymised form.

8. The winner will be notified by email, phone or private message via the social network. If the winner does not get in touch within 72 hours of receiving such notification, entitlement to the prize shall be forfeited and a new winner will be chosen at random. The participant is responsible for the correctness of the contact details provided.

9. Prizes cannot be exchanged for cash and/or transferred to third parties. There is no legal entitlement to a prize or any subsequent changes to a prize. Legal recourse is excluded. VERBUND assumes no liability or warranty for prizes or a certain quality or value of the prize. The participants bear any operating, incidental or consequential costs associated with the prize. In the case of prizes that include tickets for events, access to these events is only possible with a confirmation email/letter. The winner must bring the confirmation email/letter and an official form of photographic ID with them to the event.

10. VERBUND makes no warranty as to the permanent availability and function of the prize draw. VERBUND assumes no liability for technical problems that impair the smooth running of the prize draw, obstruct participation in the prize draw or even render it impossible.

11. Subsequent additions and/or changes to the conditions of participation as well as changes to the prizes and to the deadlines for participating in the prize draw remain expressly reserved. VERBUND also reserves the right to terminate or interrupt the prize draw or the draw at any time for important reasons without prior notice. This applies particularly to such reasons that would disrupt or prevent the scheduled running of the prize draw or the draw.

12. The prize draw is governed exclusively by Austrian law with the exception of its reference standards and the UN Sales Convention.  For consumers, this choice of law shall apply only insofar as the protection provided is revoked by mandatory provisions of the law of the state in which the consumer has his or her usual place of residence.

13. Should individual provisions of these conditions of participation be or become invalid or unenforceable, this shall not affect the validity of the remaining provisions.

14. The prize draw is not sponsored, supported or organised in any way by a social network (Facebook, Twitter, Instagram, etc.), nor is it affiliated with a social network in any way. The participant makes the indicated data required for holding the prize draw available only to VERBUND and not to a social network.