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False Trading Terms & Conditions Tel: 0845 226 0819 Fax: 0845 130 4499263 CARL STAHL EVITA LIMITED - CONDITIONS OF SALE 1. “ DEFINITIONS AND INTERPRETATION” 1.1 In these Conditions the following words have the following meanings:-“ the Buyer” means the person firm or company purchasing the Products from the Seller on the Conditions; “ the Conditions” means the terms and conditions set out in this document; “ the Contract” means the original quotation given by the Seller to the Buyer, together with the Order and the Seller’s acceptance thereof, on the Conditions; “ An Act of Insolvency” means in the case of an individual Buyer his becoming bankrupt or being the recipient of a statutory demand which is not satisfied within the period specified therein or applying for an interim order within the meaning of the Insolvency Act 1986 and, in the case of a corporate Buyer, means its entering into liquidation whether compulsory of voluntarily ( but not for the amalgamation or reconstruction of a solvent company) or having a receiver or administrative receiver appointed or being subject to a petition for the appointment of an administrator or in both cases means entering into any arrangement with creditors or having distress or execution levied on the Buyer’s goods; “ the Order” means the written order placed by the Buyer on the Seller for the provision of the Products on the Conditions; “ the Products” means each type of ropes, pumps, lifting gear and the other items listed in the Seller’s catalogue, or as otherwise described in the Order, together with all replacements and renewals thereof, whose written Specification has previously been given to the Buyer in the Seller’s technical documentation; “ Restricted Information” means all confidential information whether written visual in media form or oral and all other confidential material supplied to or obtained by one party from the other party; “ the Seller” means Carl Stahl Limited, company number 3651319, being the vendor of the Products; “ Specification” means any one or more written technical specifications relating to the Products, set out either in the Seller’s catalogue or otherwise given or available to the Buyer prior to the date of entering into any contract with the Seller on these Conditions; 1.2 In these Conditions: 1.2.1 the headings are included for convenience only and are not to be used in construction or interpretation; 1.2.2any reference to any statute, decree, law statutory instrument or other regulation having the force of law shall be deemed to include any lawful modifications thereto or re- enactment thereof made after the date of contract; 1.2.3any reference to the singular shall include the plural and vice versa; 1.2.4any reference to one gender shall include all genders; 1.2.5 any reference to a person shall include natural persons, partnerships, firms, unincorporated bodies and companies and corporate bodies and all other legal persons of whatever kind and however constituted; 1.2.6 any obligation on the part of the Seller in these Conditions to provide information or data, or to carry out any mathematical calculation or otherwise, in respect of the Products shall not require it to provide any breakdown as between Products with different Specifications. 2. BASIS OF DEALINGS 2.1The Seller agrees to sell the Products and the Buyer agrees to purchase the Products on the Conditions. Technical circulars, price lists and other literature other than the catalogue provided by the Seller are for the Buyer’s general guidance only and any particulars contained therein do not constitute representations by the Seller. 2.3The Seller’s employees or agents are not authorised to make any representation concerning the Products on the Seller’s behalf unless confirmed in writing by a director of the Seller. The Buyer acknowledges by accepting delivery of the Products that it does not rely on and waives any claim for breach of any such representation which is not so confirmed. 2.4Any order placed by the Buyer comprises an offer and is subject to acceptance by the Seller on the terms of these Conditions and if placed orally must be confirmed in writing if requested by the Seller. All orders must be placed and are accepted upon these Conditions alone which exclude any other terms and conditions inconsistent therewith which a Buyer might seek to impose even though such other terms and conditions may be submitted in a later document or purport to exclude or supersede any conditions inconsistent with themor may be contained in any offer acceptance or counter- offer made by the Buyer. The Seller reserves the right to make any changes in the Specification of the Products where the Products are to be supplied to the Seller’s Specification, which do not materially affect its quality or performance, without notice. The Buyer shall be responsible for ensuring the accuracy of the terms of any Order and for giving the Seller any necessary information and documentation within sufficient time to enable the Seller to perform the Contract in accordance with its terms. No Contract may be unilaterally cancelled by either party. 3. DELIVERY AND RISK 3.1The Seller shall use all reasonable endeavours to deliver the Products on time. Save as the above the Seller shall not be liable for any loss whatsoever or however arising caused by its non delivery on the due date. Time of delivery is not of the essence of contract. 3.2The Seller reserves the right to make delivery by instalments and to tender a separate invoice in respect of each instalment. 3.3When delivery is to be made by instalments or if the Seller exercises its right to deliver by instalments, delay in the delivery of any one or more instalments for whatever reason shall not entitle the Buyer to repudiate the Contract or to claim damages. 3.4Where delivery is refused by the Buyer, or delivery is delayed suspended or made by instalments at the request of the Buyer, or the Seller is unable to deliver the Products by reason of circumstances beyond its control, the Seller shall, on giving notice to the Buyer of its readiness or intention to deliver, be entitled to treat the Contract as fulfilled in respect of such deliveries and may raise an invoice. The Seller shall then be entitled to place the Products into store at the expense of the Buyer, pending notification by the Buyer that it requires delivery to be made and risk shall pass to the Buyer. 3.5Delay in delivery or delivery of any instalment shall not entitle the Buyer to retain any sums payable in respect of other deliveries or to any right of set off. 3.6Where any one or more instalment of delivery of the Products remains outstanding for more than four weeks when due for payment the Seller shall be entitled to suspend delivery of any further instalments of the Products until payment has been received in full. Unless otherwise agreed in the Contract, risk in the Products shall pass to the Buyer upon delivery ex works. 3.8Shortages of not more than 1% from the quantity agreed in the Contract shall be disregarded. 4. TERMS OF PAYMENT The price and currency of the Products shall be as stated in any quotation given by the Seller and, unless otherwise so stated, shall be: 4.1.1. exclusive of any applicable VAT ( which shall be payable by the Buyer subject to receipt of an appropriate VAT invoice) and similar taxes, levies, or duties; 4.1.2. inclusive of all services and materials necessary for the satisfactory execution of the Order; 4.1.3. inclusive of the cost of basic standard packing; however, one- way reels, cases and such like are charged at cost and are non- returnable; 4.1.4 for delivery ” ex works”; 4.1.5. exclusive of any insurance, delivery and transport charge, which the Buyer shall be liable to pay in addition to the price; 4.1.6. be applicable only to the Products as stated in the Order. If the agreed date for delivery is more than four months after the date of the Contract, the Seller shall be entitled ( subject to clauses 4.3 and 4.4) to increase the price of the Products without the consent of the Buyer by not more than 10 % of the agreed price to reflect any increase in the costs to the Seller in performing the Contract due to: 4.2.1any factor beyond the control of the Seller ( including without limitation any increase in the cost of components, labour, raw materials, overheads or exchange rate fluctuations), 4.2.2any change in delivery dates, quantities, or Specifications for the Products arising as a result of any error or omission or changes deemed necessary by the Buyer, or 4.2.3any delay or interruption in relation to the Contract not attributable to the Seller. If in the circumstances set out in clause 4.2 the increase in the costs to the Seller in performing the Contract is more than 10%, the parties shall agree upon the appropriate price increase within 10 working days after the Seller ´ s notice of the increased price, failing which the Seller shall be entitled to cancel the Contract without any liability. If the parties shall not have agreed a price in the Contract, the list price applicable on the delivery date shall be charged. Unless otherwise agreed in the Contract, the price for the Products shall be due and payable 30 days after date of invoice without discount. Invoices may be raised on or after the date of delivery of the Products. Time shall be of the essence in respect of such payment. 4.6The Seller shall be entitled to charge interest at 4 per cent above the National Westminster Bank PLC base lending rate for the time being on all overdue accounts, on a daily basis from the due date for payment. 4.7 No right of set off shall exist in respect of any claims by the Buyer against the Seller unless and until such claims have either been accepted in full by the Seller in writing or judgment shall have been obtained against the Seller. The Buyer shall not be entitled to withhold all or any part of any sum which has become due for payment under the Contract. 4.8 If the Buyer fails to make any payment due to the Seller ( whether under the Contract or otherwise) on the due date and/ or if the Seller has knowledge of material financial difficulties of the Buyer and/ or of circumstances which could reasonably and materially affect the credit status of the Buyer, the Seller shall without prejudice to any other right or remedy available to it be entitled to: invoice the Buyer without prior notice for any outstanding deliveries, or in respect of any claims it may have against the Buyer at that time; and/ or require payment of all outstanding invoices in respect of any Products supplied under the Contract and of all other Products or services supplied notwithstanding that the date for payment of such invoices and work may not otherwise have fallen due, and/ or suspend any other delivery of the Products, or suspend performance of any other obligation or service otherwise owed to the Buyer, pending payment in full for the Products either by cash in advance or by cash on delivery ( as the Seller shall determine); and/ or appropriate any payments made by the Buyer to such other orders or Products as the Seller may think fit. 4.9 The Buyer shall not be entitled to any discount for prompt payment save as agreed in writing between the parties. 5. WARRANTIES The Buyer warrants that it has entered into the Contract in the course of and for the purpose of its business and that it is accordingly not to be treated as a ‘ consumer“ within the meaning of s. 12 Unfair Contract Terms Act 1977. 5.2The Seller warrants to the Buyer that the Products shall for a period of 3 months from the date of delivery conform in all material respects to the Specification. Unless otherwise agreed in writing, ” in all material respects” shall in this context mean that the characteristics of the Products as delivered shall, if not in conformity with the Specification, nevertheless not significantly impair the stated use intended for the Products. 5.3No representation or warranty or guarantee is given as to the suitability or fitness of the Products for any particular purpose and the Buyer must rely upon its own expertise and assessment for suitability for purpose. 6. LIMITATION OF LIABILITY 6.1 The Buyer is relying exclusively on its own skill and judgement in relation to the Products irrespective of any knowledge which the Seller or its servants or agents may posses or any representations the Seller or its servants or agents may have made, as to the purpose for which the Products are supplied or their suitability for any stated purpose. 6.2 Notwithstanding any of the other provisions of these Conditions, nothing herein contained shall be deemed to exclude or restrict the Seller’s liability for death or personal injury resulting from negligence of the Seller or its servants or agents, nor for any act of fraud on the part of any officer of the Seller. Clauses 6.4 and 6.5 apply only to defects:- 6.3.1 caused by faulty design, manufacture, materials or workmanship; 6.3.2which the Buyer notifies to the Seller in writing including a statement of the alleged defect within 10 days of delivery, subject to clause 6.3.3; or 6.3.3 which the Buyer notifies to the Seller in writing within one month of delivery and within 3 days of its discovery, if the defect could not have been revealed within the time period as stated in 6.3.2 notwithstanding reasonable and careful inspection. 6.4If any defect is discovered and notified to the Seller in accordance with clause 6.3, the Seller will in its absolute discretion either replace the defective Products with replacement Products which are in material conformity with the Specification free of charge or alternatively remedy the defect within a reasonable period of time free of charge. If the Products have been replaced and/ or remedied pursuant to clause 6.4 the replaced or remedied Products shall be warrantied for a period of 3 months from and including the date of replacement and/ or remedy. 6.6 The Buyer shall at the sole discretion of the Seller: 6.6.1 either keep the allegedly defective Products in the condition in which the defect has been discovered, ready for its inspection by the Seller; or 6.6.2 have it shipped to the premises of the Seller. 6.7The Buyer agrees that apart from those Conditions herein contained no other terms, conditions or warranties expressed or implied, statutory of otherwise, shall form part of the Contract and, in particular, the Seller shall not be liable for any consequential or indirect loss or damage suffered by the Buyer or any third party whether such loss or damage arises from breach of a duty in contract or tort or in any other way except as expressly provided by these Conditions. 6.8The Seller’s total liability for any one claim or for the total of all claims arising from any one act or default of the Seller shall not exceed replacement or repair of the Products or at the Seller’s election the invoiced costs of the Products under the Contract. Subject to clause 6.2 above any liability of the Seller under this clause shall be nullified and extinguished in the event that: the Buyer shall undertake any repairs or alterations to the Products without the prior written consent of the Seller, or wilfully or negligently damages them; or the Buyer shall fail unreasonably to carefully follow any instructions of the Seller, shall disregard any attributes of the Products regarding stability or load bearing or shall misuse, abnormally use or negligently handle or otherwise neglect the Products; or 6.9.3 the Buyer shall without reasonable cause prohibit access for the Seller or its representatives to inspect and/ or to remedy a defect of the Products whilst under the control of the Buyer; or 6.9.4 the Buyer shall have exposed the Products to harmful or potentially materials, substances and/ or external influences, of which the Seller have not been informed by the Buyer in writing prior to the conclusion of the Contract. 7. RETENTION OF TITLE Title to the Products shall remain in the Seller until full payment of all monies due from the Buyer to the Seller has been made, or until title is lawfully vested in some other person by the operation of any statute. Until title passes, the Buyer shall keep the Products free from any charge, lien or other encumbrance, and store the Products in such a way that they are easily identifiable as belonging to the Seller. 7.2The Buyer is licensed by the Seller to use or to agree to sell the Products delivered to the Buyer subject to the express condition that the entire proceeds of any sale are held in trust for the Seller and are not mixed with other money or paid into an overdrawn bank account and shall at all times be identifiable as the Seller’s money. 7.3 Until title to the Products passes:- 7.3.1 The Buyer shall hold the Products as fiduciary agent and bailee for the Seller; 7.3.2 The Buyer shall, subject to clause 7.2, keep the Products separate and distinct from all other goods whether of the Buyer or of third parties and in good and substantial repair and condition and stored and marked in such a way as to be clearly identifiable as belonging to the Seller; 7.3.3The Seller may by notice revoke the power of sale and use contained in clause 7.2 if the Buyer is in default for longer than 7 days in the payment of any sum due to the Seller or if the Seller has bona fide doubts as to the solvency of the Buyer; 7.3.4The Buyer’s power of sale and use contained in clause 7.2 shall automatically cease if the Buyer commits or suffers an Act of Insolvency; 7.3.5Upon determination of the Buyer’s power of sale and use the Buyer shall place at the Seller’s disposal any of the Products in its possession or under its control and hereby authorises the Seller to enter its premises or the premises of any other third party to recover such Products. 7.4 The Seller may whilst it remains owner of the Products ( and without prejudice to any other rights it may have under or by virtue of its Contract with the Buyer) demand the immediate return of the Products at any time and the Buyer shall forthwith comply with such demand and bear the expenses for such return. 7.5 If the Buyer fails forthwith to return the Products so demanded by the Seller, the Seller or its successors in title to the Products and their respective employees and agents may enter onto the Buyer’s premises during normal working hours for the purpose of demanding the Products ( the cost of doing which shall be borne by the Buyer) or may sell or otherwise deal with the Products. 7.6The Seller may appropriate any payment made by the Buyer in settlement of such invoices as the Seller in its absolute discretion thinks fit notwithstanding any purported appropriation to the contrary. 7.7Notwithstanding the provisions of this clause the parties agree that for accounting and taxation purposes the Products will be treated as the Buyer’s stock from the date of delivery. 8. GENERAL 8.1Waiver Failure of the Seller to insist in any one or more instances upon the performance of any provisions of these Conditions shall not be construed as a waiver or relinquishment of the Seller’s rights to future performance of such provision and the Buyer’s obligations in respect of such future performance shall continue in full force and effect Failure of the Seller to insist in any one or more instances upon the performance of any provisions of these Conditions shall not be construed as a waiver or relinquishment of the Seller’s rights to future performance of such provision and the Buyer’s obligations in respect of such future performance shall continue in full force and effect. 8.2Severability In the event that any one or more of the provisions contained in these Conditions shall for any reason be held to be unenforceable illegal or otherwise invalid in any respect under the law governing these Conditions or its performance such unenforceability illegality or invalidity shall not affect such other provisions of these Conditions and these Conditions shall then be construed as if such unenforceable illegal or invalid provisions had never been contained herein. 8.3 Whole Agreement These Conditions together with any terms set out on the Order set forth and shall constitute the entire agreement between the parties with respect to the subject matter hereof 8.4 Acknowledgement Each party acknowledges that in entering into a contract on these Conditions it does not do so on the basis of and does not rely on any representation, warranty or other provision, save as expressly stated in these Conditions or otherwise agreed in writing as part of the Contract. 8.5Variation These Conditions may not be amended, varied or modified in any manner except by an instrument in writing signed by a director of the Seller. 8.6No Joint Venture or Partnership or Employment Nothing in these Conditions shall create or be deemed to create a partnership or joint venture or the relationship of employer and employee or principal and agent between the parties. 8.7Assignment The Buyer shall not be entitled to assign these Conditions or any of its rights or obligations nor sublicense any rights or sub- contract any obligations without the prior written consent of the Seller. 8.8Successors These Conditions shall be binding upon and enure for the benefit for the successors in title of the parties hereto. Copyright Copyright in all drawings, sketches, in all catalogues, brochures and price lists prepared by or on behalf of the Seller shall vest solely in the Seller and may only be copied or reproduced with its consent in writing. Health and Safety at Work The Buyer hereby gives notice to the Seller that it has available to it all information and product literature concerning the conditions necessary to ensure that the Products supplied will be as far as is reasonably practicable safe and without risk to health when properly used. 9. NOTICES 9.1Any notice in connection with these Conditions shall be in writing and delivered personally or sent by first class prepaid post to the relevant party at the address set out in these Conditions or such other address as the recipient may have previously notified to the sender in writing in accordance with this Clause or by telex or facsimile transmission. 9.2Proof of posting or despatch shall be deemed to be proof of receipt: 9.2.1in the case of a letter on the second business day after posting; and 9.2.2in the case of a telex or facsimile transmission at the time of despatch, provided that the recipient of a facsimile shall not have challenged its legibility within 24 hours of such time of despatch. 10. FORCE MAJEURE Neither party shall be liable to the other for any failure to perform or delay in performance of its obligations under the Contract caused by:- 10.1Act of God; 10.2Outbreak of hostilities, riot, civil disobedience or act of terrorism; 10.3Fire, explosion or flood; Theft, malicious damage, strike, lockout, industrial action of any kind or governmental or other regulatory constraint; Any other reason outside the reasonable control of the parties or either of them, not being reasonable foreseeable at the time the Contract was entered into. 11. CONFIDENTIALITY 11.1Except as provided by sub- clause 11.2 and 11.3 each party shall at all times during the contract and for a period of two years after its termination: 11.1.1use its reasonable endeavours to keep all Restricted Information confidential and accordingly not disclose any Restricted Information to any other person; and 11.1.2not use any Restricted Information for any purpose other than the performance of the obligations under the Contract; 11.2Any Restriction Information may be disclosed by a party to: 11.2.1any governmental or other authority or any professional or regulatory body; or 11.2.2any of its employees; in each case to such extent only as is necessary for the purposes contemplated by the Contract, or as is required by law and subject in each case to such party using its best endeavours to ensure that the person in question keeps the same confidential and does not use the same except for the purposes for which the disclosure is made 11.3Any Restricted Information may be used by a party for any purpose disclosed to any other person to this Agreement to the extent only that: 11.3.1it is at the date hereof or hereafter becomes public knowledge through no fault of the party ( provided that in doing so the party shall not disclose any Restricted Information which is not public knowledge); or 11.3.2it can be shown by the party to the reasonable satisfaction of the other party to have been known to it prior to its being disclosed 12. CHOICE OF LAW The Contract between the parties and these Conditions shall be governed by and construed in all respects in accordance with the laws of England. The parties submit to the non- exclusive jurisdiction of the English Courts. January 2003

False Technical Sales: 0845 226 0819 Fax: 0845 130 4499 E- Mail: sales@ carlstahlevita. co. uk Web: www. carlstahlevita. co. uk Contact details: