Legal & Privacy
Terms of Service
Effective Date: 11/01/2025
1. Licensor and Licensee
Elefta Inc. ("Licensor") provides this internet-accessible software as a service that provides use of Licensor's software related to inventory management of watches and is made available to Licensee on a term-use basis ("SaaS" or "Software").
The SaaS and license grant are for commercial use only by a legally established business, and not for personal use ("Licensee"). If you are not a legally established business using SaaS solely for commercial use, then Licensor may immediately suspend or terminate the SaaS license, access, and SaaS use at any time, without notice.
Licensor provides the SaaS to Licensee under this End User License Agreement ("Agreement"), subject to Licensee's full payment for this license and completion of a separate online order form ("Online Order Form") prior to any access or use of the SaaS.
This Agreement governs Licensee's access and use of the version of the Licensed Software on this website, application program, or mobile site. Access or use of the SaaS constitutes acceptance of this Agreement. If you, Licensee, do not agree to all the terms and conditions contained herein, please do not access or use the SaaS.
Licensor reserves the right to update, amend, and modify this Agreement at any time without notice. Changes to the SaaS may also occur at any time without notice.
Capitalized terms in this Agreement are defined herein or as follows: "Licensed Software" means the Licensor's SaaS provided under this Agreement, together with the user documentation that Licensor makes available in electronic or paper form. "Product Order" means an agreement in the form attached as Exhibit A between Licensor and Licensee. "Third Party Component" means any runtime or other element owned or licensed to Licensor by a third party (other than open-source elements) embedded in the Licensed Software. "Third Party Software" means additional software owned or licensed by a third party that may accompany the Licensed Software.
2. Grant of License; License Conditions
Subject to Licensee's accurate completion of the Online Order Form and compliance with this Agreement (including payment of all applicable fees), Licensor grants Licensee a limited, revocable, non-transferable, non-sublicensable, and non-exclusive license to access and use the Licensed Software for internal business operations and commercial purposes during the applicable subscription term.
Licensee agrees to implement safeguards against unauthorized copying or use, destroy Licensed Software data before disposing of media or hardware, and not provide SaaS access to any third party, create derivative works, reverse engineer, or build a competitive product.
Licensee acknowledges this is a services agreement—no software copy is delivered. SaaS is provided on a non-exclusive basis.
3. Use Restrictions
Licensee shall not:
- Copy or distribute any portion of the Software.
- Sell, lease, or use the Licensed Software for service bureau, hosting, or outsourcing purposes.
- Modify, translate, reverse engineer, or otherwise derive source code from the Software.
- Remove proprietary notices.
- Use the Software for personal or non-commercial purposes.
- Assign, sell, sublicense, or otherwise transfer the Software.
- Authorize any third party to perform the foregoing actions.
- Publish or disclose any benchmarking results without Licensor's written consent.
4. Licensee Responsibilities
- Provide information and assistance required for Licensor to deliver the SaaS Services.
- Comply with all applicable laws, including data-privacy and transmission laws.
- Notify Licensor of any unauthorized access or use.
- Be solely responsible for administrator user actions.
- Grant Licensor a royalty-free, worldwide, perpetual license to use feedback for service improvement.
- Ensure all employees, contractors, and end users comply with this Agreement.
5. Licensor Responsibilities
Licensor shall use reasonable measures to keep Licensee's Confidential Information confidential and disclose it only to employees or contractors assisting in service delivery who have agreed in writing to maintain confidentiality.
6. Term of License
The term begins when access is provided or first use occurs ("Effective Date") and continues for one year ("Initial Subscription Term"). The Agreement automatically renews for additional one-year terms ("Subsequent Subscription Term") unless either party provides thirty (30) days' written notice before the term's end.
Licensor may terminate immediately for breach, insolvency, or IP infringement. Upon termination, Licensee's access ceases and all copies must be destroyed. Licensor may terminate for convenience at any time by notice.
7. Disclaimer of Warranties
The Licensed Software is provided "as-is." Licensor disclaims all warranties, express or implied, including merchantability, fitness for a particular purpose, title, and non-infringement.
8. Limitation of Liability
- Aggregate Cap: Total liability shall not exceed the amount paid by Licensee during the twelve (12) months preceding the event giving rise to the claim.
- Waiver: Licensor shall not be liable for indirect, consequential, or punitive damages, or for loss of data, profits, or business.
- Scope: These limitations apply to all causes of action.
- Exclusive Remedy: The remedies herein are exclusive.
- Essential Purpose: The limitations form an essential element of this Agreement.
9. Indemnification
Licensee shall indemnify, defend, and hold harmless Licensor, its affiliates, and personnel from any claims, damages, or expenses arising from (a) Licensee's breach of this Agreement, (b) violation of law, or (c) negligence or willful misconduct.
10. High-Risk Uses
The Licensed Software is not designed for environments requiring fail-safe performance. Licensor bears no liability for such uses.
11. Ownership
Licensor retains all rights, title, and interest in and to the Licensed Software and related materials. Licensee's rights are limited to the express license granted herein.
12. Third-Party Software and Components
Use of any third-party software is subject to that party's terms. Open-source elements are licensed under their respective licenses.
13. Confidential Information
"Confidential Information" includes any proprietary business or technical data, except information that (a) is public through no fault of the recipient, (b) was previously known, (c) is lawfully obtained from a third party, or (d) is independently developed.
Recipient may disclose Confidential Information only to those bound by written confidentiality obligations. Upon termination, Licensee shall delete all Confidential Information and certify compliance.
14. License Fees and Payment Terms
Licensee shall pay all applicable fees monthly by accepted credit card. All fees are non-refundable and exclusive of taxes. Overdue balances accrue interest at 1.5% per month or the maximum rate permitted by law.
15. Related Services
Licensee is responsible for obtaining necessary hardware, software, and third-party tools for SaaS access.
16. Audits
Licensor may audit Licensee's compliance and require remediation and additional license fees for any unlicensed use.
17. Privacy and Use of Licensee Information
See the Elefta Privacy Policy for detailed terms governing personal data, collection, and use.
18. Miscellaneous
- Assignment: Licensor may assign this Agreement without consent. Licensee may not assign without written approval.
- Governing Law: California law governs; venue lies in Los Angeles County.
- Export Control: Licensee shall comply with applicable export laws.
- Entire Agreement: This Agreement supersedes all prior proposals or agreements.
- Amendment: Licensor may amend at any time without notice.
- Waiver: No waiver is effective unless in writing.
- Severability: Invalid provisions shall be modified or severed; others remain effective.
- No Reliance: Each party acknowledges it relied solely on this Agreement.
- Headings: For reference only.
- Survival: Specific sections survive termination.
- Notices: Notices to Licensor: info@elefta.com; notices to Licensee: the email on file.
Privacy Policy
Effective Date: 11/01/2025
Elefta Inc. ("Elefta," "we," "our," or "us") values your privacy and is committed to transparency regarding how we collect, use, and protect your information. This Privacy Policy explains how we handle personal information when you access or use our software, websites, applications, and related services (collectively, the "Services").
By using or accessing our Services, you agree to this Privacy Policy and our Terms of Service.
1. Information We Collect
We collect information to provide, secure, and improve our Services. This includes:
- Account Information: Name, company name, email address, and login credentials.
- Billing Information: Payment details, billing address, and transaction history.
- Usage Data: Log files, device information, browser type, IP address, and how you interact with our Services.
- Communications: Messages or support inquiries sent to us.
- Marketing Preferences: Information about your choices for receiving marketing communications.
2. How We Collect Information
We collect information in three main ways:
- Directly from you when you create an account, subscribe, or contact us.
- Automatically through cookies, analytics tools, and server logs.
- From third parties such as payment processors, analytics providers, or business partners.
3. How We Use Information
We use collected information to:
- Provide, operate, and maintain the Services.
- Process transactions and send billing information.
- Improve, personalize, and develop new features.
- Communicate with you, including responding to inquiries or service updates.
- Protect against fraud, abuse, and security risks.
- Comply with applicable laws and enforce our Terms of Service.
We may aggregate or anonymize data for analytics and service improvement. Aggregated data does not identify individuals.
4. Sharing of Information
We do not sell your personal information. We may share information only with:
- Service Providers (e.g., hosting, analytics, billing) under confidentiality agreements.
- Legal Authorities when required by law or to protect rights and safety.
- Business Transfers in the event of a merger, acquisition, or sale of assets.
5. Cookies and Tracking
Elefta uses cookies and similar technologies to enable functionality, analytics, and personalization. For details, please see our Cookie Policy.
6. Data Retention
We retain personal information for as long as your account is active or as necessary to provide the Services. We may retain certain information as required by law or for legitimate business purposes (e.g., dispute resolution, auditing).
7. Security
We use commercially reasonable safeguards—technical, administrative, and physical—to protect information against loss, misuse, and unauthorized access. However, no online system is completely secure, and we cannot guarantee absolute protection.
8. Your Rights and Choices
Depending on your jurisdiction, you may have the right to:
- Access, correct, or delete your personal information.
- Opt out of marketing communications.
- Request a copy of your data in a portable format.
To exercise these rights, contact privacy@elefta.com.
9. International Data Transfers
Elefta is based in the United States. If you access our Services from outside the U.S., your information may be transferred and processed in the U.S. where data protection laws may differ from those in your jurisdiction.
10. Updates to This Policy
We may update this Privacy Policy from time to time. The "Effective Date" above indicates the latest revision. Changes take effect upon posting.
11. Contact Us
If you have questions or concerns about this Privacy Policy, contact us at:
Elefta Inc.
606 S Olive Street, Suite 2110
Los Angeles, CA 90014
Email: privacy@elefta.com
Cookie Policy
Effective Date: 11/01/2025
Elefta Inc. ("Elefta," "we," "our," or "us") uses cookies and similar technologies to operate and improve our software-as-a-service ("SaaS") platform, web applications, and related services ("Services").
1. What Are Cookies
Cookies are small text files stored on a user's device when visiting a website. They help websites recognize users, store preferences, and collect analytical information.
2. Types of Cookies We Use
- Strictly Necessary Cookies – Required for the operation of the Services (e.g., authentication, session management).
- Performance and Analytics Cookies – Help us understand how users interact with our platform and improve performance.
- Functional Cookies – Remember choices such as language or region to enhance usability.
- Advertising Cookies – May be used to deliver relevant ads or measure campaign effectiveness.
3. Third-Party Cookies
Certain cookies are provided by third-party analytics and advertising partners (e.g., Google Analytics). These third parties may use the information collected to evaluate usage or deliver targeted content.
4. Cookie Management
Users can manage or delete cookies through browser settings. Disabling cookies may limit the functionality of the Services.
5. Updates
Elefta may update this Cookie Policy at any time. The most recent version will always appear on our website.
For any questions, contact info@elefta.com.
Acceptable Use Policy
Effective Date: 11/01/2025
This Acceptable Use Policy ("Policy") governs the use of Elefta Inc.'s software, websites, mobile applications, and related services ("Services") by customers and users ("Users"). By accessing or using the Services, Users agree to comply with this Policy.
1. Prohibited Activities
Users shall not, directly or indirectly:
- Use the Services for any unlawful, harmful, fraudulent, or infringing purpose.
- Upload, transmit, or store any content that is illegal, defamatory, obscene, harassing, or otherwise objectionable.
- Attempt to gain unauthorized access to any accounts, networks, or systems connected to the Services.
- Interfere with, disrupt, or degrade the performance or security of the Services.
- Circumvent user authentication, security mechanisms, or copy-protection features.
- Reverse engineer, decompile, or otherwise attempt to derive source code from the Services.
- Use automated systems (including bots, spiders, or scrapers) without prior written consent.
- Send spam, chain letters, or unsolicited commercial messages through or in connection with the Services.
- Misrepresent identity or affiliation with any person or entity.
- Use the Services for personal, consumer, or non-business purposes unless explicitly authorized.
2. Enforcement
Elefta reserves the right to investigate violations of this Policy and may suspend or terminate access, remove content, or notify law enforcement if deemed necessary.
3. Responsibility
Users are responsible for ensuring that all employees, contractors, and end-users under their account comply with this Policy. Violations by such parties are deemed violations by the account holder.
4. Reporting Abuse
Suspected abuse or security violations should be reported to info@elefta.com.
5. Modifications
Elefta may revise this Policy at any time, and continued use of the Services constitutes acceptance of the revised version.