Terms and conditions, shipment and invoice

B06-02-E/6

Apart from other written agreements, all of our sales and contracts are subject to the following conditions:

1. All of our sales take place only in name and on behalf of our company.

2. Each sale, even those made by our representatives, is only binding to our company after our written confirmation, eventually by email.

3. Each agreement is considered to be concluded in Antwerp; only the Courts of Antwerp will have the right to settle disputes, or any other court of our choice.

4. Dates for the delivery and execution can not lead to any claim or to set aside the contract unless registered after default option of 10 days in our favor in case of deliveries, or 30 days in case of works.

5. Our invoices are payable within 30 days after the invoice date; the provision of bills does not affect this statement.

6. The ownership of the goods shall not pass to customer and full legal and beneficial ownership of the goods shall remain with seller unless and until seller has received payment in full for the goods, even in case that the goods have been processed. The customer will be responsible for all damage and alienation of the goods from the acceptance to the full payment.

7. In case of non-payment on the due date, an interest is payable equal to the interest charged by the bank to cash payments with a minimum of 1% per month and this without notice.

8. Non-payment also gives us the right to submit any further delivery and to stop work and give us the right to express clause of article 11.

9. All costs of collection and protest (whether treaties are accepted or not) or bank charges and discount fees shall be for customer’s account.

10. All complaints must be justified and properly reasoned, and must be made directly by registered letter addressed to our company within 3 days after receipt of goods or performance of work or invoice date.

11. In case of cancellation of an order or instruction by the customer or buyer, even in case of application of this Article in accordance with article 7 and 8 by the non-payment, payment of the full state of the work containing works, landed materials, our manufacturing work or those of suppliers and / or subcontractors and / or supplies in raw materials, auxiliary materials, etc., and in general, all under the order or contract commitments, and compensation of 30% of the total value of the sold goods or price or performance of the contract unless included in the state of work, studies, calculations, plans, the reserved capacity, planning, undoing our commitments, etc., in accordance with articles 1152 and 1182 of the Belgian Civil Code.

12. For non-payment, without any required notice, and without prejudice to article 7 and 8, a compensation of 15% on the amount still owed is due, with a minimum of 125€, to reimburse our costs as a result of unpaid debts.

Special sales terms and conditions

B06-03-F/6

Price terms

1. Our prices are net, VAT not included.

Delivery

1. Our prices are “ex warehouse“, unless otherwise stated in our quotation.

2. The delivery is provided only to places within easy reach with the means of transport of our choice, or the immediate vicinity.

3. When delivery takes place on pallets, for certain brands refund is claimed. We reserve the right to charge a price (to be determined) that will be credited when pallets are returned, except if the pallets are not returned intact.

Deliveries/shipments by third party under CMR conditions.