GSC

General Terms of Sale

Article 1 - Generalities

Any Customer who places an order with the company is automatically bound by the present General Terms of Sale. No arrangement on behalf of the customer opposing these terms will act against the company unless it has been specifically accepted beforehand. Information given in catalogues and price lists is correct only at the time of going to press, and may make modifications to this at any time and without prior notice.

Article 2 - Orders

All orders must be placed in writing and will only become final after acceptance and payment of the total amount due. Unless another arrangement or written objection is agreed to, it will be considered that the Customer agrees to all of the General Terms of Sale.

Article 3 - Prices

The prices invoiced to the Customer are ExWorks.

Article 4.-. Delivery

Delivery times are approximate. Any delays do not entitle the Customer to cancel the order, to refuse the goods, or to claim damages. In the case of loss or damage the Customer must declare all losses precisely on the transport consignment note in order to enforce his claim.

Article 5 Reservation of Title - Liabilities

It is specifically agreed that our goods remain the property until full payment of sales price is received. The remittance bill of exchange, cheque or any other document promising payment is not considered as payment in this respect. Payment is only considered as settled upon receipt of the total amount. However, liability for goods is transferred to the Customer upon his acceptation of the goods, signifying his commitment to take charge of the storage and preservation of the products and to take out all insurance "for account of", according to article L112.12 of the Insurance Code, in order to cover any incurred damage or losses caused to the products until payment is made full.

Article 6 - Claims

Any complaint, on the apparent defects or the nonconformity of the product delivered to the ordered product, could not be received that within 8 days after reception of the merchandises. It will belong to the customer to provide any justification as for the reality of the defects or anomalies noted.

Article 7 - Terms of Sale and payment

Except for special provisions, goods are to be paid upon placement of order.

Any failure or delay in payment before the date set out on the invoice, be it total or partial, incurs ipso jury a monthly interest 1,5x the legal interest more (L n°92-144é in 31/12/1992 to enforce in 01/01/1993).

Article 8 - Exchange and return

Any return or resumption of products cannot be done without our prior agreement. All the goods must be returned in a perfect state of resale, in their original packaging, within one month after delivery. A credit will be established after checking the returned product(s).

Article 9 - Resolute Clause

Any partial or total failure of the Customer to fulfill any of his obligations will make him liable for the immediate payment of outstanding payments of any kind, and the suspension of all deliveries.