COSCENTRA B.V. 

Wenckebachstraat 12, 6466 NC Kerkrade, The Netherlands  Tel. +31 45 5.330.400 – Fax + 31 45 5.315.905  info@coscentra.nl 

General Terms & Conditions – Coscentra B.V. 

Definitions 

“Coscentra”: Coscentra B.V., company established in Kerkrade, registration KVK no. 14077554 “Customer”: The person or company with whom Coscentra entered into an agreement “Parties: Coscentra and Customer together 

“Consumer”: A Customer who also acts as a private person 

Article 1 – Applicability 

These terms and conditions are applicable to all quotations, offers, work, services, orders,  agreements and deliveries of products or services by or in name of Coscentra.  The Parties can only deviate from these terms and conditions if they have expressly agreed to do so  in writing.  

The Parties expressly exclude the applicability of additional and/or deviating general terms and  conditions of the customer or third parties.  

Article 2 – Quotations and offers 

Offers and quotations from Coscentra are without obligation, unless expressly stated otherwise. An offer or quotation is valid for a maximum of two months, unless a different acceptance period is  stated in the offer or quotation. 

If the Customer does not accept an offer or quotation within the applicable term, the offer or  quotation will lapse. 

Offers and quotations do not apply to repeat orders, unless the parties have explicitly agreed on this  in writing.  

The agreement is concluded by written confirmation of the customer order or otherwise by the  actual execution of the order.  

Article 3 – Acceptance 

Upon acceptance of a non-binding quotation or offer, Coscentra reserves the right to withdraw the  quotation or offer within three days of receipt of the acceptance, without the customer deriving any  rights from this.  

Verbal acceptance by the customer only binds Coscentra after the customer has confirmed this in  writing (or electronically). 

Article 4 – Prices

Coscentra Group: 

Coscentra B.V. (Kerkrade – NL) / Coscentra Ltd (Shanghai –CN) / Coscentra USA Inc. (Texas, US) 

COSCENTRA B.V. 

Wenckebachstraat 12, 6466 NC Kerkrade, The Netherlands  Tel. +31 45 5.330.400 – Fax + 31 45 5.315.905  info@coscentra.nl 

All prices charged by Coscentra are in Euros, are exclusive of VAT and exclusive of any other costs  such as administration costs, levies and duties, travel, shipping or transport costs, unless expressly  stated otherwise or agreed otherwise.  

Coscentra reserves the right to change prices for its products at any time, even if said prices have  been communicated or published on its website or otherwise made known.  

Increases in the cost of products or parts thereof, which Coscentra could not foresee at the time of  making the offer or concluding the agreement, may give rise to price increases. The Customer has the right to dissolve an agreement as a result of price increases as referred to  above, unless the increase is the result of a statutory regulation.  

Article 5 – Models and samples  

If the Customer receives a sample or model, both digital or physical, of a product, he cannot derive  any rights from it other than that it is an indication of the nature of the product, unless the parties  have expressly agreed that the products to be delivered match the sample or model.  

Article 6 – Payment and payment terms 

Coscentra applies a standard condition of payment before delivery. For private label productions or  products that are specifically processed for a customer, such as repacking, applying stickers or  sorting, Coscentra applies a standard condition of a 50% deposit upon confirmation of the order and  the balance to be paid before delivery.  

These conditions can only be deviated from if agreed in writing when confirming the order or when  entering into the relationship with the customer.  

Payment terms are regarded as strict and final terms. This means that if the customer has not paid  the agreed amount no later than on the last day of the payment term, he will be in default by law,  without Coscentra having to send the customer a reminder or notice of default.  Coscentra reserves the right to make a delivery conditional on immediate payment or to demand  security for the total amount of the services or products, even if the customer has enjoyed a longer  payment term until then.  

Article 7 – Late payments 

If the Customer does not pay within the agreed terms, Coscentra is entitled to charge the statutory  interest of 2% per month for commercial transactions from the day the customer is in default,  whereby part of a month is considered as a whole month.  

When the customer is in default, he is also due to pay extrajudicial collection costs and any  compensation to Coscentra. 

The collection costs are calculated on the basis of the Decree on compensation for extrajudicial  collection costs.  

If the customer does not pay with the agreed terms, Coscentra may suspend its obligations until the  customer has fulfilled its payment obligation.  

In the event of liquidation, bankruptcy, seizure of assets or suspension of payment on the part of the  customer, Coscentra’s claims are immediately due and payable.  

If the customer refuses to cooperate with the execution of the agreement by Coscentra, he is still  obliged to pay the agreed price for the products or services to Coscentra.

Coscentra Group: 

Coscentra B.V. (Kerkrade – NL) / Coscentra Ltd (Shanghai –CN) / Coscentra USA Inc. (Texas, US) 

COSCENTRA B.V. 

Wenckebachstraat 12, 6466 NC Kerkrade, The Netherlands  Tel. +31 45 5.330.400 – Fax + 31 45 5.315.905  info@coscentra.nl 

Article 8 – Right of recovery / revindication 

As soon as the customer is in default, Coscentra is entitled to invoke the right of recovery with regard  to the unpaid products delivered to the customer.  

Coscentra will invoke this right by means of written or electronic communication.  As soon as the customer has been informed of the invoked right of recovery, the customer must  immediately return the products to which this right relates to Coscentra, unless the parties make  other arrangements in this regard.  

The costs of returning the products are to be born by the Customer.  

Article 10 – Right of suspension 

Unless the Customer is a Consumer, the Customer waives the right to suspend the fulfilment of any  obligation arising from this agreement.  

Article 11 – Right of retention  

Coscentra can invoke its right of retention and, in that case, retain the customer’s products until the  customer has paid all outstanding invoices to Coscentra, unless the customer has provided sufficient  security for those costs.  

The right of retention also applies on the basis of previous agreements for which the Customer still  owes payment to Coscentra.  

Coscentra is never liable for any damages the Customer may suffer as a result of using this right of  retention.  

Article 12 – Offset of debt 

Unless the Customer is a Consumer, the Customer waives the right to set off a debt to Coscentra  against a claim against Coscentra.  

Article 13 – Retention of title  

Coscentra remains the owner of all delivered products until the customer has fully complied with all  its payment obligations towards Coscentra under whatever agreement entered into with Coscentra,  including claims for non-compliance.  

Until that time, Coscentra can invoke its retention of title and take back the goods.  Before ownership has passed to the customer, the customer may not pledge, sell, alienate or  otherwise encumber the products.  

If Coscentra invokes its retention of title, the agreement will be deemed to have been dissolved and  Coscentra will be entitled to claim compensation, lost profit and interest.  

Article 14 – Delivery  

Delivery can only take place while stocks last. Delivery always takes place under incoterms 2010 EXW  Warehouse Kerkrade, unless the parties have agreed otherwise. 

Coscentra Group: 

Coscentra B.V. (Kerkrade – NL) / Coscentra Ltd (Shanghai –CN) / Coscentra USA Inc. (Texas, US) 

COSCENTRA B.V. 

Wenckebachstraat 12, 6466 NC Kerkrade, The Netherlands  Tel. +31 45 5.330.400 – Fax + 31 45 5.315.905  info@coscentra.nl 

If the agreed amounts are not paid or not paid on time, Coscentra has the right to suspend its  obligations until the agreed part has been paid.  

In the event of late payment, the Customer will be considered in creditor default and will not be able  to invoke a late delivery against Coscentra.  

Article 15 – Delivery lead times 

The delivery times stated by Coscentra are indicative and do not entitle the customer to termination  or compensation if they are exceeded, unless the parties have agreed otherwise in writing.  The delivery time starts after the quotation is signed for approval by the Customer has been  confirmed by Coscentra in writing or electronically.  

Exceeding the specified indicative delivery times does not entitle the Customer to compensation or  the right to terminate the Agreement, unless Coscentra cannot deliver within 14 days of being  notified in writing or the Parties having agreed otherwise.  

Article 16 – Physical delivery  

The customer must ensure that the actual, physical delivery of the products order by him can take  place on the agreed time.  

Article 17 – Transport costs 

Transport costs are for the account of the Customer, unless the parties have agreed otherwise. Coscentra reserves the right, at the cost and risk of the Customer, to store products that are returned  by the Customer or whose receipt is refused upon delivery at a location of our choice.  

Article 18 – Damages upon delivery 

If the packaging of a product is opened or damaged upon delivery, the Customer must have the  forwarding agent or delivery person make a note of this before receiving the goods, failing which  Coscentra cannot be held liable for any damage.  

If the customer arranges for the transport of a product himself, he must report any visible damage to  products or packaging to Coscentra prior to transport, failing which Coscentra cannot be held liable  for any damage.  

Article 19 – Storage 

If the Customer does not accept delivery of goods until after the agreed delivery date, the risk of any  loss of quality is entirely for the Customer.  

Any additional costs as a result of premature or late delivery of products are for the Customer’s  account.  

Article 20 – Warranty

Coscentra Group: 

Coscentra B.V. (Kerkrade – NL) / Coscentra Ltd (Shanghai –CN) / Coscentra USA Inc. (Texas, US) 

COSCENTRA B.V. 

Wenckebachstraat 12, 6466 NC Kerkrade, The Netherlands  Tel. +31 45 5.330.400 – Fax + 31 45 5.315.905  info@coscentra.nl 

The warranty with regards to products only applies to defects caused by faulty manufacture,  construction or materials.  

The warranty does not apply in the case of normal wear and tear and damage resulting from  accidents, changes made to the product, negligence or improper use by the customer, unsalability of  the product due to changing market conditions or legislation, as well as when the cause of the defect  cannot clearly be established.  

The risk of loss, damage or theft of the products that are the subject of the Agreement between the  Parties passes to the customer at the moment when they are legally and/or actually delivered, or at  least come under the control of the Customer or a third party who receives the product on behalf of  the Customer.  

Article 21 – Indemnification 

The Customer indemnifies Coscentra against all third-party claims related to all products and/or  services supplied by Coscentra.  

Article 22 – Complaints 

The Customer must examine a product or service provided by Coscentra as soon as possible for  possible shortcomings. Any shortcomings must be established within 1 week after receipt of the  goods.  

If a delivered product or service does not comply with what the Customer could reasonably expect  from the Agreement, the Customer must inform Coscentra of this as soon as possible, but in any case  within 1 week after the discovery of the shortcomings.  

Consumers must inform Coscentra of this no later than 2 months after the discovery of the  shortcomings.  

After these terms, the Customer loses the right to complain.  

The customer is to provide as detailed a description as possible of the shortcomings so that  Coscentra is able to respond adequately.  

The Customer must demonstrate that the complaint relates to the Agreement between the Parties.  If a complaint relates to ongoing work, this can in any case not lead to Coscentra being obliged to  perform other work than has been agreed. If a complain leads to a legal procedure, all costs are  always borne by the Customer.  

Article 23 – Notice of default 

The Customer must notify Coscentra of any notice of default in writing.  

It is the responsibility of the Customer that a notice of default actually reaches Coscentra.  Article 24 – Joint and several liability 

If Coscentra enters into an agreement with several customers, each them is jointly and severally  liable for the full amounts due to Coscentra under that Agreement.

Coscentra Group: 

Coscentra B.V. (Kerkrade – NL) / Coscentra Ltd (Shanghai –CN) / Coscentra USA Inc. (Texas, US) 

COSCENTRA B.V. 

Wenckebachstraat 12, 6466 NC Kerkrade, The Netherlands  Tel. +31 45 5.330.400 – Fax + 31 45 5.315.905  info@coscentra.nl 

Article 25 – Liability Coscentra 

Coscentra is only liable for any damage suffered by the customer if and insofar as the damage is  caused by intent or wilful recklessness. If Coscentra is liable for any damage, it is only liable for direct  damage resulting from or related to the performance of an Agreement. 

Coscentra is never liable for indirect damages, such as consequential damage, lost profit, lost savings  or damage to third parties.  

If Coscentra is liable, this liability is limited to the amount that is paid out under a (professional)  liability insurance and in the absence of (full) payment by an insurance company of the damage  amount, the liability is limited to (the part of) the invoice amount on which the liability is concerned.  All images, photos, colours, drawings, descriptions on the website or in a catalog are only indicative  and are only approximate and cannot give rise to compensation and/or (partial) dissolution of the  agreement and/or suspension of any obligation.  

Article 26 – Expiration Period 

Any right of the Customer to compensation from Coscentra expires in any case 12 months after the  event from which the liability arises directly or indirectly. This does not exclude the provisions of  Section 6:89 of the Dutch civil code.  

Article 27 – Right of dissolution 

The Customer has the right to dissolve the Agreement if Coscentra imputably fails in the fulfilment of  his obligations, unless this shortcoming does not justify termination due to it special nature or  because of its minor significance.  

If the fulfilment of the obligations by Coscentra is not permanently or temporarily impossible,  dissolution can only take place after Coscentra is in default.  

Coscentra has the right to dissolve the agreement with the Customer if the Customer does not fully  or timely fulfil its obligations under the Agreement, or if Coscentra has become aware of  circumstances that give it good grounds to fear that the customer will not be able to fulfil its  obligations.  

Article 28 – Force Majeure 

In addition to the provisions of Article 6:75 of the Dutch Civil Code, a shortcoming by Coscentra in the  fulfilment of any obligation towards the Customer cannot be attributed to Coscentra in a situation  independent of the will of Coscentra, as a result of which the fulfilment of its obligations towards the  Customer is prevented in whole or in part or as a result of which the fulfilment of its obligations  cannot be reasonably expected of Coscentra.  

The force majeure situation referred to above also includes – but is not limited to: a state of  emergency (such as civil war, insurrection, riots, natural disasters, etc.); non-performance and force  majeure of suppliers, deliverers or other third parties; unexpected power, electricity, internet,  computer and telecom failures; computer viruses; strikes; government measures; unforeseen  transport problems; bad weather conditions and work stoppages.  

If a force majeure situation arises as a result of which Coscentra cannot fulfil 1 or more obligations  towards the customer, those obligations will be suspended until Coscentra can meet them again.

Coscentra Group: 

Coscentra B.V. (Kerkrade – NL) / Coscentra Ltd (Shanghai –CN) / Coscentra USA Inc. (Texas, US) 

COSCENTRA B.V. 

Wenckebachstraat 12, 6466 NC Kerkrade, The Netherlands  Tel. +31 45 5.330.400 – Fax + 31 45 5.315.905  info@coscentra.nl 

From the moment that a force majeure situation has lasted at least 30 calendar days, both parties  may dissolve the agreement in whole or in part in writing.  

Coscentra does not owe any damage or compensation in a situation of force majeure, not even if the  force majeure situation yields any advantage.  

Article 29 – Amendment of the Agreement 

If, after concluding the Agreement for its implementation, it appears necessary to change or  supplement its content, the parties will adjust the agreement accordingly in a timely manner and in  mutual consultation.  

Article 30 – Change of General Terms and Conditions 

Coscentra is entitled to amend or supplement these general terms and conditions.  Changes of minor importance can be made at any time.  

Coscentra will discuss major substantive changes with the customer in advance as much as possible.  Consumers are entitled to terminate the Agreement in the event of a substantial change to the  general terms & conditions.  

Article 31 – Transfer of Rights 

The rights of the Customer under an agreement between the parties cannot be transferred to third  parties without the prior written consent of Coscentra.  

This provision applies as a clause with effect under property law as referred to in Section 3:83(2) of  the Dutch Civil Code.  

Article 32 – Consequences of nullity or voidability 

If one or more provisions of the general terms and conditions prove to be void or voidable, this will  not affect the other provisions of these general terms and conditions.  

In that case, a provision that is void or voidable will be replaced by a provision that comes closest to  what Coscentra had in mind when drawing up these terms and conditions.  

Article 33 – Applicable law and competent court 

Dutch law applies exclusively to every Agreement between the Parties.  

The Dutch court in the district where Coscentra is established/has a office has exclusive jurisdiction  to take cognizance of any disputes between the Parties, unless the law prescribes otherwise. 

Coscentra Group: 

Coscentra B.V. (Kerkrade – NL) / Coscentra Ltd (Shanghai –CN) / Coscentra USA Inc. (Texas, US)