LEGAL INFORMATION

Conditions of Sale

4. Price

(1) The contract price in the Sale Contract is based on information available to the Company as the date thereof and if between that date and the date on which the goods are delivered to the Buyer there shall be any variation in the cost of materials, labour or otherwise to the company the contract prior may in the absolute discretion of the Company be adjusted to take account of such variation.

(2) Except as provided in Clause 12,2 the contract price shall be paid to the Company within 30 days (or such extended period as is agreed by the Buyer and the Company) or delivery of the Invoice to the Buyer and in default of due payment the amount outstanding from time to time shall bear interest at the rate of 2% per month.

(3) Except in an Export Sale, the contract price is a net delivered price but unless otherwise stated in the Sale Contract the cost of packaging shall be an additional cost payable by the Buyer.

(4) The contract price and all taxes (including VAT) duties and charges (all of which are exclusive of the contract price) shall be paid in full on the due date without any deduction, set-off or counter claim whatsoever.(5) All bank charges etc. are for the account of the Buyer.