Standard Terms and Conditions of Sale

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In these conditions “Verity Systems” is Verity Systems Limited, having its registered office at Verity House, 2, Eastern Road, Aldershot, Hampshire, GU12 4TD, UK. And the “Purchaser” is an individual or company with whom Verity Systems contracts.

All orders are accepted by Verity Systems subject to Conditions of Sale set out below

1.GENERAL

These conditions shall prevail over any terms or conditions, which the Purchaser may seek or have sought to impose. Any conditions in the Purchaser’s Order will be binding only so far as they are compatible with these Terms and Conditions and are expressly accepted by a Director of Verity Systems in writing.

2.ERRORS

Clerical errors may be corrected by Verity Systems at any time.

3.PRICES

The prices quoted are Ex Works and exclude Value Added Tax/sales tax. Any published list price shall be subject to revision without notice according to Verity Systems prices ruling at the time of delivery.

4.SETTLEMENT TERMS

Punctual payment is the essence of the Contract and the Purchaser will pay interest at the rate of 2%

per month or part thereof of any overdue payments. Provided that the Purchaser has produced references which are in Verity Systems’ opinion are satisfactory Settlement Terms will be net 30 days from delivery. In all other cases payment shall be in advance upon submission by Verity Systems of a pro forma invoice.

5.DELIVERY

All times quoted for delivery are from receipt from the purchaser of a written order to proceed. Unless otherwise agreed in writing any quoted delivery date shall only be an estimate thereof and shall not be essence of the Contract. Whilst all reasonable endeavours will be made to comply with estimated delivery dates Verity Systems does not accept any liability in respect of failure or delay in delivery. Where a Purchaser’s Order calls for a number of items Verity Systems reserves the right to deliver all or any as soon as they are available at Verity Systems’ premises and the Purchaser shall honour all statements presented in respect of such deliveries in accordance with the Settlement Terms. Notification to the Purchaser by Verity Systems that the goods are available for delivery to an independent carrier or to the Purchaser or his agent shall constitute delivery to the Purchaser. In all cases the carrier acts as Agent of the Purchaser.

6.EXPORT CONTROL

If the goods or components thereof are licensed by the US Government for ultimate destination within the United Kingdom and any other EEC Country then the goods may not be re-exported without the approval of Verity Systems in writing.

7.INSPECTION AND ACCEPTANCE

THE PURCHASER MUST INSPECT THE PRODUCTS as soon as is reasonably practicable after delivery and shall within 3 working days of delivery give notice to Verity Systems in detail of any defect in the Products or of any other complaint which the Purchaser may have in relation to the Products. Upon acceptance of the goods the Purchaser shall be deemed to acknowledge that the goods so accepted conform in all respects with the specification of the goods ordered. If the Purchaser desires to inspect the goods prior to delivery such inspection must be made at Verity Systems’ premises and notification of this requirement must be given in writing at the time of placing the order. If upon inspection the goods are approved by or on behalf of the Purchaser such approval shall constitute acceptance of the goods If no such inspection is made the Purchaser shall be deemed to have accepted the goods when they are delivered to him or his agent or carrier unless the Purchaser gives written notice to the contrary to Verity Systems within three working days of delivery. If the Purchaser fails to give such notice, the Products shall be conclusively presumed to be in all respects in accordance with the contract and free from any defect which would be apparent on reasonable examination and the Purchaser shall be deemed to have accepted the Products

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