General Sales and Delivery Conditions of Mark Bogman Safes B.V., filed at the District Court of Roermond, dated 31-01-2002 under number 5/2002.

General

1.1 These conditions shall apply to all agreements and offers with regard to the delivery of goods and performing services, including advice and information by Mark Bogman Safes B.V.
1.2 Arrangements that depart from these conditions shall only be binding for us, if they have been explicitly confirmed by us in writing.
1.3 General (purchase) conditions of our client shall not apply, unless they have been explicitly confirmed by us in writing.
1.4 The address stated by client before or during the conclusion of the agreement may be used by us as such for making statements and/or messages to client until client has informed us about his new address in writing.
1.5 In the event that one or more provisions from these conditions turns out to be invalid or must be declared void, this shall not prejudice the legal effect of the other provisions.

Offers

2.1 All our offers are always free of obligations and based on data supplied by our client upon request. If the offer is accepted by client, we shall be entitled to withdraw the offer within five working days after receipt of the acceptance. Offers are always, unless stated differently, exclusive of VAT.
2.2.a The stated price is based on the purchase price of goods, services, materials and other cost factors. If a non-foreseeable increase occurs in one or more of these cost price components after the offer, but before delivery, including a change of import and export duties and/or taxes, we are entitled to pass on these increases without client being entitled to an entire or partial dissolution of the agreement.
2.2.b If the VAT number of client is not known and is also not made known, after we have explicitly requested this, we shall reserve the right to charge VAT.
2.3 Deviations from submitted offers shall only be binding to us, if they have been confirmed in writing or agreed.
2.4 Invoicing shall always take place at the price at the moment of delivery, unless explicitly agreed otherwise.

Secrecy

3.1 Our offers, drawings, images, printed matters, samples, models and other specifications shall not be made available for inspection and not be handed over to third parties without our written permission.
3.2 Samples and models shall remain our property and must be retuned to us completely and in a good condition. This also applies to drawings and images of offered, but not ordered work.

Delivery, shipment and risk

4.1 All deliveries above € 500 take place carriage paid to the address stated by client stated in the Netherlands, unless agreed differently. A fee for freight costs shall be charged for deliveries below € 500.
4.2.a Agreed delivery dates shall never be considered as firm dates. If the agreed delivery date is exceeded, client shall be authorised to propose a reasonable specific date to us by registered mail. If this date is exceeded, it shall not be possible to hold us liable for the exceeding of this date and the resultant damage, unless it involves an intentional act or gross negligence.
4.2.b If no time at which or period within which the delivery will have to take place has been agreed, the delivery shall take place within a reasonable period after the conclusion of the agreement, taking into account the nature of the matter and the circumstances.
4.3 Irrespective of the agreed method of delivery, all goods to be supplied shall always be at the own expense and risk of client at the moment of leaving our warehouse or the warehouse of our supplier, even when the transporters demand a statement on the consignment note for shipment that all damage during the transport shall be at the expense of the shipper.
4.4 In the event that goods must be installed at the place of destination after delivery and cannot be installed at once, we shall be entitled to invoice 90% of the sum involved in the agreement, after which the remaining 10% shall be invoiced after installation or, in the event of non-performance with regard to this through no fault of our own, at the latest 3 months after the first delivery.
4.5 The right mentioned in the previous paragraph of this article shall also exist, if goods are not purchased within the stated delivery time after completion, or if they cannot be installed through no fault of our own within the stated date.
4.6 If goods are not purchased in time, they shall be at the expense of client after the expiry of the agreed delivery time and we shall be entitled to invoice the goods in question and charge storage costs, unless explicitly agreed otherwise.
4.7 The invoices to be sent on account of this article shall be paid within the usual period.
4.8.a Without prejudice to the provisions in the previous paragraphs of this article, it shall always be possible to claim advance payment.
4.8.b If payment of an advance payment is refused or refrained from, we shall be entitled to dissolve the agreement without client being entitled to claim compensation as a result of this.

Constructions, dimensions and weight

5.1 We shall reserve the right to introduce possible minor differences in dimensions or a minor change in the use of materials, construction or components for a sound implementation.
5.2 Stated weights are always estimated as accurately as possible, but such a statement shall never be binding.

Transport, arrangement, completion and repairs

6.1 In those cases whereby it is agreed that we shall be responsible for the transport, the transfer, the arrangement or repair of pieces of work, client shall always take care of the following:
6.1.a that the location where the goods have to be delivered or the work has to be arranged by us or the location, in the event that it is not possible to immediately place the goods after supplying, must be accessible for us or the transporter through a paved road/entrance and that the temporary storage location must be dry and that the goods can be stored there free of damage, that this location is ready for this and is protected against dirt, dust and moisture;
6.1.b that the recesses required for the arrangement of safes, safe doors, gates and other products in walls or floors and/or ceilings shall be completely ready and in order, in agreement with previously submitted drawings;
6.1.c that there have to be hoisting and securing points;
6.1.d that our piece of work can be taken to the location for the arrangement without any restriction, which implies that all openings and/or passages and/or elevators through which the pieces of work have to be transported are broad enough;
6.1.e that any required scaffoldings or other supplementary material shall be made available to the mechanics;
6.1.f that everything possible is done for the transport, arrangement or protection of the piece of work to be supplied or placed by us;
6.1.g that the mechanics can start their work immediately after arrival and can continue their work all working days during normal working hours without interruption and that they have sufficient light, compressed air and air at their disposal.
6.2 Costs of special facilities in connection with transport and/or placing of our items, including costs for a crane, shall always be at the expense of client.
6.3 Costs for necessary overtime or mechanics shall be passed on at the applicable rates, if they have not been explicitly included in the commission.
6.4 An agreement to place pieces of work shall only apply to once-only, turnkey delivery and therefore never apply to any later transfers.
6.5 All extra costs, caused through a delay in the delivery as a result of causes through no fault of our own and/or incorrect information provided by client, shall be at the expense of client.

Force majeure

7.1 Force majeure shall be understood to mean: every condition independent of our will, which impedes the observation of the agreement temporarily or permanently.
7.2 The following shall in particular apply as force majeure, in so far as it has not already been included in the aforementioned paragraph 1; war, danger of war, civil war, riots, strikes, occupation of the company, transport problems, fire, water damage, floods, government measures and other serious disturbances in our company of whatever nature or that of our suppliers.
7.3 In the event of force majeure we optionally have the right to extend the period of delivery by the period of the force majeure or dissolve the agreement, in so far as this has not already been implemented, without us being obliged in whatever way to pay any compensation, except for by virtue of the provisions in art. 78 of Book 6 of the Civil Code. Client shall not be entitled to dissolve the agreement after the occurrence of a temporary shortcoming that can be attributed to us.

Payment

8.1 Unless agreed differently, payments shall take place within 14 days after the date of invoice, either in cash, or to an account to be indicated by us and without any deduction or settlement.
8.2 If payment does not take place within the agreed period, client shall be considered to be in default by operation of law and we shall be entitled, without a notice of default being required for this, to a compensation for interest amounting to 1.5 % per month as from the due date.
8.3 All reasonably incurred costs, related to the collection of the claim, both judicial costs that include the costs of filing for bankruptcy and extrajudicial costs, shall be at the expense of client who is in default.
8.4 The extrajudicial costs shall always be equal to 15% of the overdue sum.

Retention of title

9.1 After delivery the delivered goods shall remain our property until the moment that client has completely met his obligations resulting from the agreement in question.
9.2 Client shall be obliged now and henceforth to fully assist us in order to enable us or others to take back the goods in question from him or a third party if client does not meet his obligations or if there is a well-founded fear that he shall not meet his obligations, on penalty of an immediately payable fine of 10 % a day of the total sum that he owes us.
9.3 If postponement of payment is granted to client or when he is declared bankrupt, we shall be entitled to collect the supplied wood from client at once without any prior notification. Paragraph 2 of this article shall apply by analogy.

Right of recovery

10.1 Complaints must be lodged with the delivery of the goods or with completion of the work and stated in the delivery voucher included with the goods or stated with the condition on delivery.
10.2 After the client has received the product, he shall have the right to reclaim the product within 8 days after receipt of the goods or the delivery of work, or within a similar period, if he can prove that a failure has been discovered in fairness or can be discovered. These claims shall be submitted by registered mail.
10.3 If the provisions in paragraph 1 or the period referred to in paragraph 2 of this article is exceeded, or if goods supplied by us have been processed, the right of recovery shall cease and it shall therefore never be possible anymore to invoke this right.

Cancellation

11.1 In the event of cancellation of the agreement by client due to whatever cause, we shall reserve the right to require compliance.
11.2 If we accept a cancellation, we shall be entitled to charge client for all costs incurred until then, as well as a percentage of 20% of the sum involved in the agreement with regard to lost profits.

Suspension and dissolution

12.1 If client does not meet the obligations or does not meet them in time or sufficiently, which obligations for him are the result of the concluded agreement, or if there is a well-founded fear for this, as well as in the event of bankruptcy or moratorium on payment of client or with the closing down, sales or winding-up of his company, we shall be entitled to suspend the implementation of the agreement, or dissolve the agreement.
12.2 The claims with regard to the already implemented part of the agreement, as well as damage resulting from the suspension of dissolution, including lost profit, shall be due and payable at once.

Liability

13.1 Except for intentional act or gross negligence on our side, all liability on our part for damage of whatever nature as a result of failures in or regarding sold goods or performed work, both with client or third parties, shall be explicitly excluded.
13.2 Except for intentional act of gross negligence, we shall also not be liable for errors by our staff, or by persons that are recruited by us as part of the implementation of the agreement.
13.3 Except for explicit written confirmation, we shall not be bound in any way by arrangements with secondary members of our staff.
13.4.a We do not accept any liability for failures that are caused when client, in deviation from/in contrast with the intended installation method, wishes to place pieces of work "separately", that is to say, in the open space, although the walls within certain things have to be mounted are not ready yet.
13.4.b We do not accept any liability for damage caused in the event client does not comply with the requirements, as described in article 6.
13.5 We do not accept any liability for errors or failures in data made available by third parties or client.

Applicable law/disputes

14.1 All agreements concluded by us shall solely be governed by Dutch law, which therefore means that the Vienna Purchase Treaty is also excluded.
14.2 All disputes resulting from agreements concluded by us shall, in so far as possible in accordance with statutory provisions, with the exclusion of every other authority, belong to the competence of the competent court of the place of our business address, or the place of the business address of our client.