Terms and Conditions of Trade

1. Application

a) Unless other terms and conditions are accepted by UV Medico A/S (“the Company”) by means of a written amendment to these terms and conditions, the contract to supply goods and/or services will be on the terms and conditions set out below (“the Contract Terms”). Commencement of the supply of goods and/or services from the Company confirms to the Company that the Customer has read, understood, and agreed to abide by these terms and conditions.

b) Any terms and conditions of the buyer are not a part of the Contract Terms.

2. Acceptance

a) All quotations are given subject to confirmation by the Company upon receipt of the Customer’s order and no contract shall be concluded until such confirmation is given, or the Customer’s order is otherwise accepted. Each order when accepted constitutes a separate contract.

b) Quotations from the Company are valid for a period of 10 days unless otherwise specified.

3. Prices

a) Unless otherwise stated, quoted prices are exclusive sales tax, duties as well as all costs of packing and carriage.

b) The Company reserves the right to adjust such exclusive prices between the date of the quotation and the completion of the contract to reflect changes in raw material costs, manufacturing costs, exchange rates, or other factors affecting the Company's costs.

c) If prices are changed after a contract has become binding, the Company shall give the Customer written notice of such variation and, on receipt of such notice, the Customer may cancel the contract. If goods are to be delivered or services are to be supplied in instalments, the Customer may cancel only the undelivered goods or the unperformed part of the services. If the contract is not cancelled, the Customer shall be bound obligated to pay the varied price in respect of the goods delivered or services performed after such notice is received. To be effective, the cancellations must be in writing and must be received by the Company within fourteen days of the date of such notice of correction of price.

d) The quoted prices on pro forma invoices are only valid for the period specified thereon. If no period is specified thereon, the quoted prices are valid until the end of the calendar month in which the pro forma invoice was raised.

4. Delivery and performance of services

a) Delivery or performance dates or periods are estimates only and are not binding on the Company. The Company will endeavour to complete the contract or deliver the goods by the estimated date or within the estimated period or, if there is no estimated date or period specified, within a reasonable time limit, but in no circumstances will the Company be liable for any loss or damage of any kind whatsoever arising directly or indirectly from any delay in the completion of the contract or delivery of the goods however caused, nor will any such delay entitle the Customer to terminate or rescind the contract.

b) The Company reserves the right to make partial shipments.

c) Any estimated delivery date or estimated performance period begins on the date of the Company’s acceptance of the Customer’s order (order confirmation) as required by Condition 2 or later if the Company at a later stage from the Customer receives any further information, which it may require to proceed with the contract. The Customer agrees to supply such information promptly and to accept the goods or services by or within the estimated delivery date or estimated performance period specified in the contract and to give any necessary instructions for delivery or performance accordingly.

d) The goods shall be and thereafter remain at the Customer’s risk from the time of delivery to the Customer or to the Customer’s carriers as specified in the delivery terms (Incoterm) of the contract, but the property in the goods shall not pass to the Customer until the Company has received payment in accordance with the Condition.

e) Unless otherwise agreed in writing, the delivery terms are EXW, Incoterms 2010.

f) The Company provides estimated weight and dimensions when the goods are ready for shipment.

g) The ownership (both legal and equitable) of the goods shall not pass to the Customer until the purchase price of the goods, together with all costs incurred, has been paid in full.