Terms of Delivery and Payment

1. Delivery
a) Delivery of the goods shall be ex factory, risks for account of
the purchaser. The purchaser shall bear the shipping costs.
The goods shall be shipped uninsured.
b) In case of force majeure, industrial action, official measures
and similar interruptions of operations which are not due to
negligence and wich have continued or are likely to continue
for longer than 1 week, the period for delivery or acceptance
shall be extended automatically by the duration
of the
interruption.
c) Once the delivery period has elapsed a delayed-delivery
period of the same duration shall commence without specific
declaration.
d) Claims on the part of the purchaser with regard to delayed-
delivery
are precluded before the delayed-delivery has
elapsed.

2. Notification of Defects
a) Complaints shall be sent to the vendor not later than
1 week after receiving the goods.
b) The goods cannot be returned without the agreement of the
vendor.
c) Once cutting or any other work has been performed on
the goods delivered or in case of special designs, any complaint
shall be precluded.
d) Customary or slight and technically unavoidable deviations
in quality, colour, width, weight, finishing or the design may
not be the subjects of a complaint.

3. Payment
a) Invoices shall be paid:
– Within 10 days from the day of issue of the invoice with
4 % discount.
– Between the 11th nd 30th day from the day of issue of the
invoice with 2,25 % discount.
– Between the 31st and 60st day from the day of issue of
the invoice, net.
b) Payments shall always be used to settle the oldest outstanding
liability items in addition to the default interest
thereby incurred.
c) The vendor shall not be obliged to perform any further
delivery
pertaining to any current contract before full payment
of due invoice sums including default interest has
been made.

4. Mode of Payment
a) Payment shall be made in cash, by cheque, bank, girotransfer.
Any other deductions (e. g. for postages) are inadmissible.
b) Bills, insofar as they are taken in payment, shall only be
accepted against reimbursement of bank, discount and
collection charges . Bills and acceptances with a term of
more than 3 month shall not be accepted.

5. Reservation of Ownership
The goods delivered shall remain the property of the vendor
until payment. Any pledging or assignment of these goods as
security to third parties is precluded without the agreement of
the vendor. The purchaser must inform the vendor immediately
if these goods are attached by a third party.

6. Place of Performance
The place of performance for all supplies and services pertaining
to the supply contract is Biberach an der Riß (FRG).

7. Place of Juridiction
The place of juridiction (also for actions on bills and cheques) is
Biberach an der Riß (FRG), Landesgericht Ravensburg (FRG).