Terms

The Hatteland Group - Terms Of Sale And Delivery:

1) APPLICATION

The terms of sale and delivery include the following companies: Autostore AS, Jakob Hatteland Assembly AS, Jakob Hatteland Computer AS, Jakob Hatteland Display AS, Jakob Hatteland Logistics, Jakob Hatteland Supply AS and Jakob Hatteland Technology AS.

2) PRICE

a)The price is per each, if nothing else has been stated, VAT not included. Price is based on the prices from our suppliers, current custom rates, taxes, rate of exchange and international raw material prices. We reserve ourselves the rights to adjustments in case of alternation on the above mentioned.

b)Included in the price is the supplier’s standard packing. In case of re-packing/smaller quantities we reserve ourselves the right to add an additional sum for warrantable packing according to CECC 0015 (Basic inspection for protection of electrostatic sensitive devices)

3) VALIDITY

If nothing else has been stated in our quotation, the offer is valid for 30 days from the date of quotation.

4) PACKAGE QUOTATION

A package quotation means that all the components offered, must be ordered by us. If one component or more are removed from the quotation, the prices given in the package quotation are not valid.

5) TERMS OF PAYMENT

Cash on delivery or payment in advance. Net granted for companies, schools and institutions only, according to agreement. In case of too late payment 1.5% interest/month will be charged. Seller has mortage rights in the goods delivered until the purchase price, additional interests and charges have been paid in full. Accepted bill is not considered as payment until it has been honoured in full.

6) TIME OF DELIVERY

The quoted time of delivery is based on information from our suppliers. We disclaim any responsibility for the consequences of any delay or cancellation from our suppliers. Belated delivery gives not solely the right for cancellation.

7) DELIVERY POINT OF TIME

Goods are considered delivered to customer when handed over to charterer.

8) FREIGHT / PACKING / FORWARDING FEE

Jakob Hatteland Display AS charge NOK 50,- in forwarding fee for orders below NOK 1000,-.

For orders below NOK 1000,- Jakob Hatteland Supply AS charge freight according to expenses, and NOK 25,- for packing. For handling requested beyond ordinary hours NOK 250,- is charged. Express service is charged with NOK 100,- + freight charges. All the companies charge freight according to expenses for orders above NOK 1000,-. VAT not included.

9) COMPLAINT

By receipt customer must check goods for obvious defects which have to be claimed within 8 days from receipt. Otherwise acceptance of complaint can not be counted on.

10) GUARANTEE / SERVICES

Time of guarantee is calculated from our date of shipment, and applies to the extent that we are covered by our supplier’s guarantee regulations. The guarantee does no longer apply if:

I)there has been encroached upon the goods without seller’s consent

II)terms of payment is not fulfilled

III)the goods have been damaged due to unskilled treatment

IV) components which are sensitive for static electricity have not been unpacked and treated in a secure way.

Minimum requirements: CECC 00015’s standards for handling of such components. The guarantee does not include fair wear and tear.

Appendix

48

INB100014-1 (Rev 19)

IND100077-7