General Purchase Terms and Conditions 1. Validity of the General Terms and Conditions 1.1. These General Terms and Conditions of Iskra, elektro in elektronska industrija, d.d. (hereinafter: the Company) are applicable exclusively and in whole and lay down the rights and obligations of the Company and the supplier when purchasing goods provided by the supplier or services performed by the supplier. The Company purchases these goods and/or services only in accordance with the said General Terms and Conditions. The general terms and conditions laid down by the supplier are not applicable to the Company, even in the absence of a definite refusal, except when the Company undoubtedly accepts or confirms the suppliers' general terms and conditions in writing. 1.2. Any derogation from these General Terms and Conditions is valid only by written consent of the Company. If the Company has entered into a binding contractual relationship with a supplier or concluded an annex to the contract, thus laying down new and/or different provisions to the contractual relationship, the General Terms and Conditions apply to whatever content of the contract or annex not explicitly encompassed by that contract or annex. 2. Ordering and order confirmation 2.1. Orders and partial orders (call-offs), as well as any changes to such orders are binding only if they are done in writing. If the supplier confirms an order and in addition suggests a change or amendment to this order, it shall be deemed as if the supplier refused the original order and put forth a new offer. The new offer is binding only if it is confirmed in writing by the Company. 2.2. The Company reserves the right to, upon payment of all costs incurred to the set date, withdraw from the contract/order without cause. 2.3. All written orders from the Company contain a provision outlining the General Terms and Conditions as an integral part of the business relationship. The General Terms and Conditions are binding to the supplier if the order is confirmed in writing or if the contract is in accordance with the provisions of the following paragraph and deemed as approved. 2.4. The Supplier shall confirm or reject each order within three working days of its receipt in writing. If the supplier does not reject the order in writing within three business days after its receipt, the order is deemed to be accepted. 2.5. The provisions of the previous Paragraph also apply to partial orders (call-offs), given by the Company under a general order, concluded in advance for a longer time period. This Paragraph therefore applies to cases where the general order consists of several partial orders given by the Company, within the approval of the general order. 3. Delivery and delivery period 3.1. The supplier shall fulfill its obligations within the delivery periods and quantities outlined in the contract/order. The so determined delivery periods and quantities are essential and fixed. If the subject of the contract/order is not delivered on time, the Company is not obliged to accept or pay the delivered goods or services. The ladder also applies to partial or future deliveries. In case of delay in the delivery, the Company has the right to terminate the contract/order. In the event that the Company will exercise its right to terminate the contract/order, the supplier shall be informed of the termination in writing, thus considering the contract/order as terminated.

General Purchase Terms and Conditions 3.2. In the event of termination of contract/order as stated in the previous Paragraph, the Company shall be entitled to charge to the supplier all arising damages – the Company may opt for a 20% flat-rate compensation from the net amount representing the payment for the subject of the canceled contract or recover actual occurring damages. 3.3. In the event that the Company does not terminate the contract/order and that the supplier delivers the subject of the contract/order after the delivery period, the Company is entitled to charge a penalty fee amounting...

General Purchase Terms and Conditions The company shall pay the invoice within 120 days or within any other agreed time period between the parties, counted from the date of invoice. If the Company pays the invoice within 30 days from the date of receipt of the invoice, a 4% cassasconto applies; if the Company pays the invoice within 60 days from the date of receipt of the invoice, a 3% cassasconto applies; if the Company pays the invoice within 90 days from the date of receipt of the invoice, a 2% cassasconto applies. 6.2. Shall be the case that the Company is entitled to cassasconto, the supplier...

General Purchase Terms and Conditions 7.7. In addition to the restitution costs the supplier shall also be responsible for any losses occurred in connection with the defects of the goods or services. If for example customers of the Company should return the goods or services due to defects, or should the value of the products be affected due to said defects or the Company being affected in any other way because of the occurring defects, the Company shall be entitled to claim full reimbursement of consequential damages from the supplier. 8. Warranty 8.1. The supplier guarantees a 24 month warranty,...

General Purchase Terms and Conditions 13. Professional secrecy 13.1. Tools, samples, patterns, models, profiles, plans, manuals, norms, criteria and other information provided by the Company to the supplier for the purpose of executing the contract/order are not to be transmitted to third parties or used for purposes other than those specified in the contract/order without prior written consent of the Company. In case of breach of the said provisions, the supplier is liable for the occurring damages. 13.2. The supplier shall protect as a business secret all commercial and technical documentation....