The Royal League in ventilation, control and drive technology General Terms and Conditions of Business January 2016 Please note that this is an English translation of the original German version. Both language versions shall have the same legal effect. In case of any conflict, the original German version shall prevail.

Content I. Application of the General Terms and Conditions 3 III. Particularities in Case of Correspondence by Electronic Communication and Fax 3 XII. Other Duties by the Customer, Export Control 7

General Terms and Conditions of the ZIEHL - ABEGG SE I. Application of the General Terms and Conditions 1. ll our deliveries, services, and offers are made exclusively A on the basis of the present General Terms and Conditions. Consequently, these General Terms and Conditions also apply to all future business relations even if not expressly agreed upon again in the future. 2. ith the receipt of the goods and services by the Customer, W at the latest, these General Terms and Conditions are deemed accepted. Counter-confirmations by the Customer with a reference to the Customer’s General Terms and...

V. Retention of Title 1. ntil all claims against the Customer (including any and U all balance receivables and current account) to which we are entitled now or in the future on whatever legal grounds have been fulfilled, we are granted the following security, which we will release upon request at our choice to the extent that the value of such security exceeds the claims on a permanent basis by more than 20%. For the valuation of the security furnished, receivables are to be assessed at their nominal value, goods in which title is retained are to be assessed at their net purchase price – not...

VI. Terms of Payment 1. the extent not otherwise agreed, our invoices are payable To without deduction ten days after they are issued. Payment in cash or by bill of exchange is accepted only on the basis of a special agreement. Despite provisions of the Customer to the contrary, we are entitled to count payments first towards older debts of the Customer, in which case we will inform the Customer of the type of settlement made. If costs and interest have already been incurred, we are entitled to count the payment first towards the costs, then towards the interest, and finally towards the principal...

2. he Customer is obligated to prevent unauthorized access T to the software and the documentation by third parties by taking appropriate precautions. The Customer must store the original data storage media supplied and the backup copy at a place that is secured against unauthorized access by third parties. The Customer must insistently point out to its staff the duty to comply with the present terms of supply and with the provisions of copyright law. liability is excluded for defects that result from use of the goods in a way that does not conform to the specifications. Claims based on defects...

is limited to those costs that arise or would arise in regard to the delivery address for the goods. If the goods are shipped to an address other than the delivery address, the Customer must bear the extra costs that this causes, if the shipment was not part of the delivery contract between the Customer and us. b. e shall be entitled at our option to employ third parW ties to carry out repair works or a replacement delivery. This does not establish a contractual relationship between the Customer and the third party. In this case, our liability does not go further than if we had carried out the...

res ordered by us. The Customer is obligated to bear the cost of the product recall or product warning to the extent that according to the principles of product liability law, the Customer is liable for the product defect and the damage sustained. Further-reaching claims on our part remain unaffected. 3. he Customer shall notify us without undue delay of any T risks in the use of the contractual goods and of possible product defects of which the Customer becomes aware. 4. The supply of goods (products, software, technology) in the performance of this contract may be subject to export restrictions...

© ZIEHL-ABEGG SE - 00705298 - EN - MA - 01/2016 - technical changes reserved. This brochure contains information for your guidance. No guarantee is provided with regard to the accuracy of all information and no legal claims may be derived from this. Reproduction of this information, or extracts thereof, is permitted only with written approval. Heinz-Ziehl - Straße info@ ziehl - abegg.com