GENERAL TERMS OF SALES AND DELIVERY

registered office: (1329 BB) Almere, Rondebeltweg 22, as filed with the registry of the Camber of Commerce of Almere. Registration number 390.47.256

ARTICLE 1 - APPLICABILITY

These conditions apply to all our quotations, agreements and sales contracts. Variations of these conditions shall only apply to quotations, agreements or sales contracts if such variations are stated in our order confirmation. Any acceptance of quotations or offers that deviates from the quotation or offer is hereby and for henceforth expressly rejected in so far as required by law. These conditions also apply to deliveries made by us at the request of third parties.

ARTICLE 2 - QUOTATIONS

All quotations are without engagement; a contract does not exist until the order has been accepted by us in writing or is executed.

ARTICLE 3 - TOLERANCES:

Orders are only accepted and executed by us subject to our standardised tolerances with regard to dimensions and contents. On request by the purchaser information on the aforementioned tolerances will be provided to the purchaser. If such request is not made to us before the agreement or contract becomes effective, the purchaser shall be deemed to have agreed to the above applicability of the above tolerances.

ARTICLE 4 - ORDERED QUANTITIES

The maximum permissible deviation from the ordered quantities is 15%.

ARTICLE 5 - PRICE CHANGES

Orders are executed at the prices applicable on the date of order confirmation, provided always that, after such order confirmation, price changes implemented by us and which are generally applicable shall also apply to such orders to the extent that such orders have not yet been executed by us. In addition, in the event of an official revaluation a currency adjustment will be made to the sales price.

ARTICLE 6 - FORCE MAJEURE/POSTPONEMENT

If, due to force majeure, fulfilment or prompt fulfilment of the contract cannot reasonably be demanded of us, we shall be entitled at our reasonable option and solely on written notification either to postpone fulfilment for the duration of the force majeure or to cancel or dissolve the contract, in so far as this is permitted by law, at any time during the force majeure situation, to the extent that the contract has not yet been executed or the goods are not yet ready for shipment. Force majeure shall include shortage of raw materials. consumables, tools or machinery, either within our own operations or in the operations of third parties from whom we must wholly or partially obtain the necessary materials or raw materials as well as any other causes outside our responsibility or risk, all of this without prejudice to circumstances that may by law be regarded as force majeure.

ARTICLE 7 - DELIVERY/SHIPMENT

Goods are delivered ex warehouse or ex factory. Unless otherwise agreed, shipment is undertaken by us carriage paid, whereby however, the risk of damage during transport remains for the account of the purchaser. In the case of consignments having a net invoice value of less the € 450,00 either shipment is undertaken carriage unpaid or freight and handling charges are invoiced. The extra cost of express or parcel post shipments is invoiced in all cases. Delivery times shall always be construed as approximate. Failure to meet the delivery time, provided this is within reasonable limits, shall not constitute due cause for cancellation of orders or dissolution of the contract, or for reimbursement of costs or damages arising from such failure to meet the delivery time. In any circumstances in which the purchaser defaults on fulfilment of his obligations to us, we may extend the delivery time by the period of such default, without prejudice to all our other rights with respect to the purchaser on the grounds of his default.

ARTICLE 8 - CLAIMS/LIABITIY

Claims in respect of incorrect execution of orders must be received by us in writing not later than 14 days after receipt of the goods, failing which we reserve the right to reject the claim outright. The goods to which the claim relates must be held available for us. If the delivered goods exhibit material or manufacturing faults or damage that is for our account, we shall arrange for their replacement or, if replacement is not possible within a reason ably short time, for reimbursement of the invoice value. The purchaser undertakes to test the suitability of the packaging materials for the intended use. We accept no liability whatsoever for damage resulting from weakening, diminution in quality or unsuitability for the use made of the packaging materials by the purchaser. We obtain packaging materials, components and/or ancillary articles from third parties. The guarantees we provide on such goods, obtained from third parties, shall not exceed the guarantees provided to us by our suppliers. We are in no respect whatsoever obliged to make more and/or any other compensation than that referred to earlier in this article. We accept no liability whatsoever for any direct or consequential damage or loss whatsoever, other than that referred to in this article, incurred by the purchaser due to whatever cause by virtue of any deficiency in the delivery, whether or not such deficiency is acknowledged by us. If claims are made against us in this respect by third parties, the purchaser shall indemnify us fully and shall pay to us any amounts that we may have to pay to third parties. We are absolved from all liability and are not obliged to accept complaints regarding deficiencies in all cases where the purchaser fails to fulfil his payment and/or other obligations promptly.

ARTICLE 9 - MOULDINGS

Charges made to purchasers to moulds constitute only contributions towards the cost of manufacturing moulds and tools; such moulds remain our property at all times. In the case of regular purchases, moulds for which charges have been made to purchasers will be reserved for them for a period not exceeding two years.

ARTICLE 10 - PACKAGING

Charges are made for special packaging to customer specifications, as well as costs, crates and pallets. Only cases, crates and pallets returned carriage paid not later than 30 days after invoice date and deemed by us to be in good condition will be reimbursed.

ARTICLE 11 - PAYMENT

Payment must be received by us not later than 30 days after invoice date, without deduction or set-off. The purchaser shall be in default if he fails to make payment within the payment term of 30 days, without notice of default being required. In the case of non-payment we are entitled, without prejudice to the provisions of article 13 and without recourse to a court of law to declare the contract dissolved and to recover the sold goods without prejudice to our rights to demand fulfilment of the contract, and in both cases to require reimbursement of any damage of or loss incurred by us. In the event of failure to make full and prompt payment the purchaser shall be liable for payment to us of interest at the statutory rate on the unpaid amount from the due date, whereby a part of a month shall be calculated as a full month. If the purchaser defaults on payment, he shall be obliged to pay in addition to the purchase amount and interest thereon all costs, including collection costs, arising from non-payment.

ARTICLE 12 - GOODS AWAITING SHIPMENT/CANCELLATION

Where delivery on the basis of a make-and-hold order has been agreed, we still reserve the right, after completion of production, to set a maximum period for call-off. If the goods are not called off within the agreed period or the maximum period referred to in the preceding paragraph, we are entitled to invoice goods awaiting shipment and to demand payment therefore, without prejudice to our right to demand call off. If, without our permission, the purchaser cancels an order that has been accepted by us in writing, this shall relieve us of the obligation to deliver the goods, but such cancellation shall in itself oblige the purchaser to reimburse us for all damage, losses and lost profits sustained by us.

ARTICLE 13 - RETENTION OF TITLE:

Title to the goods purchased does not pass to the purchaser until he has completely fulfilled all his financial obligations to us, including obligations arising from any previous transactions. However, the purchaser is entitled to use the goods in the context of his normal business operations. The purchaser is obliged to notify us immediately if third parties assert rights in respect of goods to which we still hold title. If the purchaser fails to fulfil his obligations, or to fulfil them punctually or properly, we shall be entitled by simple written notifications to suspend or dissolve the contract in whole or in part, and to cancel orders still in progress, without prejudice to our rights to compensation.

ARTICLE 14 - PACKAGING/SAMPLES ETC. RECEIVED FROM THE PURCHASER

The risk of breakage, theft, loss or other damage to packaging, samples and/or other objects temporarily made available to us by the purchaser shall be borne by the purchaser.

ARTICLE 15 - RESALE BY THE PURCHASER

By concluding the purchase the buyer undertakes to use the goods himself and not to sell them in empty condition in the domestic market or abroad. Only authorised wholesalers are permitted to sell empty packaging materials.

ARTICLE 16 - DISPUTES

All our transactions are governed by Dutch law. Disputes shall be submitted for adjudication to a Dutch court.