General Terms and Conditions of Sale

1. Our quotations are not orders. The contract is to be made at the time of our written confirmation of order or through the execution of the order
by dispatch of goods.
2. Unless we specifically agree in writing to any variation deliveries will be made subject to these general conditions of sale which will remain in
force for all future supplies even without further notification and over-ride any other terms or conditions stipulated or referred to by the purchaser.
3. Price Adjustments
Plastrans shall reserve the right to change the prices, without prior notice, due to impose taxes, charges premiums, etc. for completed
agreements but where delivery has not yet taken place.
4.1. Payment
The purchaser shall pay all invoices within 30 days from the invoice date at the address indicated on the invoice unless otherwise stated on the
invoice.
4.2. Payment after date of maturity shall entitle Plastrans to an overdue interest at a rate equal to (a) 2 % per month.
4.3. The place of payment is Linz/Austria unless otherwise agreed in exceptional cases.
5. Delivery
Deliveries from Plastrans are in accordance with the international rules for the interpretation of trade terms published by the International
Chamber of Commerce. Paris (Incoterms 2010).
6.1. Inspection
Within 7 days excluding Sundays and public holidays, from delivery of the products, the purchaser shall carefully examine the products delivered
and inform Plastrans in writing if the products are found defective in any respect.
6.2. Any defect, which cannot be discovered, despite careful examination in accordance with clause 6.1., must be notified immediately upon
disclosure.
6.3. Failure to inform Plastrans in time about alleged defect shall be conclusive that Plastrans has satisfactorily performed and that the products
have been accepted.
7. Product Liability
Plastrans shall only be liable for damage due to product liability according to mandatory rules of applicable law and thus the liability of Plastrans
shall be restricted in all respects as much as possible under such law.
8.1. Limitation of Liability
Plastrans does not assume any responsibility for products being suitable for any particular purpose unless Plastrans in writing approved such
suitability.
8.2. Plastrans does not furnish any guarantee that the purchaser, in using, reselling or handling the product is not infringing any third party’s,
registered trademark or any immaterial right, and is not liable in any way to compensate the purchaser for damage and costs incurred by such
infringement.
9. Force Majeure
Scheduled delivery dates shall be extended for delays by any cause beyond Plastrans reasonable control including but not limited to industrial
actions, fire, plant break-down, embargo, requisition material, energy or transport restrictions and deficiencies or delays in deliveries from
Plastrans suppliers and sub-suppliers due to any of the aforesaid events.
10. Applicable Law and Venue
These General Terms shall be governed by the law of the Austrian Republic and the parties shall accept the relevant commercial court as venue.
The place of performance and jurisdiction is Linz, Austria (the registered seat of Plastrans’ headquarters).
11. Retention of Tide
Should delivery have been made before payment of the whole sum payable in accordance with the invoice has been effected, the products shall,
to the extent permitted by the law of the country where the products are situated, remain the property of Plastrans until such payment has been
effected.
12. Partial Invalidity
If any of the provisions of these General Terms becomes invalid, illegal or unaffordable the validity of the remaining provisions shall not in any
way be affected or imparted.

Plastrans Petrochemicals GmbH Rainerstrasse 14, 4020 Linz Austria TEL: ++43 / 732 / 60 24 60 FAX: ++43 / 732 / 60 24 65 EMAIL: headoffice@plastrans.com
EORI-Nr.: ATE051000007003 Firmenbuch-Nr. FN 90209 k, Handelsgericht Linz UID-Nr. ATU 23351806 WEB: www.plastrans.com