GENERAL TERMS AND CONDITIONS OF SALE AND DELIVERY OF 
VREDAX B.V.
 
ESTABLISHED AND WITH OFFICES IN 's-HEERENBERG THE NETHERLANDS
GRENSSTRAAT 7:
 
Terms and Conditions of Sale:
 
1. QUOTATIONS
All quotations are without obligation as far as price, delivery periods and delivery possibility is concerned.
 
2. DELIVERY
a. Delivery is ex-works or from the seller's warehouse; all goods are shipped for the account and risk of the seller, even if carriage is paid.
b.The seller is not liable for the consequences of late delivery.
c. In all cases of company difficulties and force majeure in the widest sense, the seller has the right to cancel the order or extend the delivery period without being obliged to make a subsequent delivery and/or to pay compensation.
d. Extra freight costs incurred by shipping, road or rail service; delays, express or special delivery or the fact that, at the buyer's request, the delivery is made in a different way than is customary, are all for account of the buyer.
 
3. COMPLAINTS
a. Complaints should be submitted in writing and sent by registered post within 8 days of receiving the invoice, failing which com plaints are waived. Complaints will also not be accepted if the delivered goods have been processed in any way.
b.Complaints or differences of opinion of any nature do not entitle             the buyer to postpone payment.
 
4. PAYMENT AND COLLECTING CHARGES
a. Payment without discount should be made within 14 days of the date          of the invoice.
b.If payment is not made within 14 days of the invoice date, the buyer is liable to pay an interest ad 1% per month.
c. All judicial and extra-judicial collecting charges, which also include those connected with any bankruptcy petition, are for the account of the buyer. If the seller commissions a third party to collect, the collecting charges will be at least 10% of the capital sum and the interest for the delay.
 
5. RESERVATION OF OWNERSHIP
a.Until all the claims on the part of the seller arising from the sales agreement have been settled, the delivered goods remain the sole property of the seller and can be reclaimed immediately by the seller. This reservation of ownership only preserves the seller's right to sell on material to his clients, or to process or handle this material in his own company.
b.If the seller uses the right to reclaim delivered goods as descri bed in the previous paragraph, the buyer remains liable for all damages which may have arisen through default of payment.
c.If the buyer has not fulfilled all his obligations, which include future obligations to the seller, the buyer transfers all the goods in his possession to the seller, which have been delivered by the seller, or the goods which have been delivered by the factories represented by the seller. The seller can, at all times, reclaim or seize as security the goods delivered by him.
 
6. ADMINISTRATION COSTS
If an invoice amounts to € 350 or less, the seller has the right to charge at least € 12,50 administration costs. Furthermore, he is entitled to charge 2% administration and/or credit restriction costs.
 
7. DEVIATIONS
Deviations from these Terms and Conditions of Sale are only effective if these deviations are confirmed in writing by the seller.
 
8. DEVIATION IN PRICES
In the event of price changes, confirmed orders and orders which have not been invoiced are invoiced in accordance with the new quotations, whereby the party who suffers as a result of this price change is entitled to cancel the order. In the event of changes in the exchange rate, the seller can at all times terminate the contract in so far as it has not been executed without being liable to pay compensation or make a subsequent delivery.
 
9. CANCELLATION OF ORDERS
If the seller cancels an order, he is obliged to pay all the costs involved in processing the order and for damages due to loss of profit.
 
10. Any disputes between the parties must be brought to court by the buyer       in the town where the seller's office is located. However, the seller can, if he so desires, bring the dispute before the competent court in the town where the seller's office is located or in the town where the buyer's office is located.
 
11. SUPPLEMENT
Goods are only taken back, provided carriage is paid, after the supplier or seller has agreed.