General sale terms

1) General Provisions

1.1 The following Sale Terms (the “General Sale Terms”), which can be downloaded also from our official Web Site “www.marvon.com’’, form an

integral part of any order and contract between the Seller and the Buyer for the supply of the Seller’s Products and prevail over any General

Purchasing Term prepared by the Buyer, also in the event that reference is made to them or they are specified on the orders or in any other

document issued by the Buyer, without the prior written consent of Marvon S.r.l., and therefore not even reflecting a tacit consent. The General

Sale Terms, unless otherwise agreed and provided in writing, will be applied to all future deliveries of goods or services provided by the Seller

until a new edition.

1.2 Marvon S.r.l. reserves, therefore, the right to carry out a periodic written review of these General Sale Terms. The updated version will be at

Customer’s disposal together with the quotations sent to him, or together with the other written correspondence relevant to orders sent to him,

and also on above mentioned official Web Site “www.marvon.com’’.

1.3 If the Buyer does not return a signed copy of the order confirmation and/or the order or does not send its own purchase confirmation, the order

shall in any case be considered tacitly and integrally confirmed. Orders placed by the Buyer shall not be regarded as accepted until these have

been confirmed in writing by the Seller. Any order and/or amendment of orders placed verbally or by telephone, shall be confirmed in writing by

the Buyer. If not, the Seller will not be held responsible for any error or misunderstanding. Should the Seller fail to give written con

firmation of an

order that is placed verbally, the Seller’s invoice or the processing of the order by the Seller shall be regarded as con

firmation. Buyer assumes all

responsibility for the exactness of names, addresses and tax information appearing on invoices, according to existing regulation.

2) Prices

2.1 The prices of the Products shall be those as indicated in Marvon S.r.l. price list in force when the order is forwarded by the Buyer or, in the event

that the Product is not shown on the price list or the price list is not available, the prices shall be those as indicated on the order and confirmed

in writing by Marvon S.r.l. when the order is accepted.

The applicable price list can be subject to variations without prior notice, replacing in whole the previous price list.

2.2 In relation to deferred payment agreements, where an instalment whatsoever is not paid on time, the Seller will be entitled to demand

immediate payment of the whole amount thus invoking the acceleration clause even if the conditions pursuant to art. 1186 of the Civil Code do

not exist. Alternatively, the Seller may suspend and consider the contract as terminated due to default and may withhold all the sums paid by

the Buyer in the interim as damage compensation account. Also in the event of the notification of claims for faults and defects, the Buyer may

not start or pursue proceedings if it has not paid in whole the price in accordance with the terms of the contract. Payments may, in no event, be

suspended or delayed: should notifications arise, relative proceedings cannot be commenced or pursued unless payment of the price has been

settled in compliance with the terms and methods established.

2.3 Suspension of the delivery of the Products or the termination of the Sales Agreement will not entitle the Buyer to claim for damages.

3) Delivery

3.1 All deadlines - relating to delivery, return, installation, etc.- even if stated as being mandatory by the Buyer, shall be considered as approximate

and accepted by the Seller with a reasonable margin of tolerance. Unless otherwise agreed in writing, any indicated time of delivery shall be

nonbinding for the Seller. Unless otherwise agreed by the parties, the indicative delivery date is the one specified on the order confirmation.

Delays may in no case entitle to penalties and/or compensations whatsoever for any direct or indirect damage or to the cancellation or

termination of the Sale Agreement.

3.2 In no circumstance shall Marvon S.r.l. be held responsible for delays or failure to deliver resulting from events that are out of its control, including

but not limited to: a) inaccuracy or delay by the Buyer in providing Marvon S.r.l. with information or other data relevant to Products shipment; b)

difficulties in procuring supplies of raw materials; c) problems relating to production or the planning of orders; d) total or partial strikes, power

shortages, natural disasters, measures imposed by public authorities, transportation problems, riots, terrorist attacks and all other causes of

force majeure.

3.3 In the event of any of the aforementioned circumstances the Client will not be entitled to claim for compensation or damages of any kind.

4) Packaging

4.1 Marvon S.r.l. delivers the ordered goods according to the package quantity specified in the price list. In case of mismatch, the amount will be

rounded up, without notice, to the determined package quantity or a multiple of it.

4.2 The packaging employed must be disposed of in compliance with the local laws in force. Marvon S.r.l. declines any liability for damage caused to

persons or things following an use of the packagings different from the one they have been designed for.

5) Returned goods

5.1 The Seller is not compelled to accept the return of Products, unless expressly agreed in writing. All expenses borne for this purpose will be at

Buyer’s charge.

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