Terms of Service

These General Terms and Conditions ("Terms") govern the contractual relationship between NEYD GmbH ("Provider") and its corporate clients ("Client"). By engaging our services, you accept these terms.

1. Scope of Services

NEYD provides specialized technology consulting, staff augmentation, and managed engineering services. The specific scope, deliverables, and acceptance criteria are defined in individual Statements of Work (SOWs).

2. B2B Relationship

Our services are directed exclusively at entrepreneurs (Unternehmer) within the meaning of § 14 BGB (German Civil Code), legal entities under public law, or special funds under public law. We do not contract with consumers.

3. Intellectual Property Rights

Unless otherwise agreed in an SOW:

Client IP: All deliverables created specifically for the Client ("Work Product") shall become the property of the Client upon full payment.
Background IP: NEYD retains ownership of its pre-existing methodologies, code libraries, and tools used to deliver the services.

4. Payment Terms

Unless specified otherwise in an SOW, invoices are issued bi-weekly or monthly and are due within 14 days. Prices are net of statutory VAT. Late payments may incur interest in accordance with § 288 BGB.

5. Warranty and Liability

NEYD warrants that services will be performed with professional care and skill. Liability is limited to intent and gross negligence, except for damages to life, body, or health, or breach of cardinal duties. Liability for slight negligence is limited to foreseeable, contract-typical damages.

6. Non-Solicitation

During the term of the engagement and for 12 months thereafter, the Client agrees not to directly hire or solicit NEYD personnel introduced during the project without written consent. A contractual penalty may apply for breaches.

7. Governing Law and Jurisdiction

These Terms are governed by the laws of the Federal Republic of Germany. The exclusive place of jurisdiction for all disputes is Frankfurt am Main.