Sales condition and Warranty

All sales of Terno Scorrevoli products to buyers are governed by the present General Conditions (which shall be forwarded for signature at the time of reception of the first order, together with the documentation relative to confidentiality) and the Buyer must return a copy of the same to Terno Scorrevoli, duly signed for approval by a legal representative in the apposite spaces.

1) Terno Scorrevoli will accept the order by sending the order confirmation to the Buyer: in this way, the contract of sale will be perfected and the order will become final and binding. The Buyer shall retain the right to modify the quantities within no later than 3 days from the date of sending the order confirmation

2) The prices of the products sold shall be those indicated in the Terno Scorrevoli price list in force at the time of the order and are understood to be confirmed with the issue of the relevant order confirmation.

3) The payment conditions are agreed between the parties at the time of the order and are understood to be confirmed with the issue of the order confirmation. In any case, the maximum term for payment may not exceed 60 (sixty) days from the date of issue of the invoice, as provided for by Directive 2011/7/EU against late payments in commercial transactions. Unless otherwise agreed in writing between the parties, for national payments the deadlines of the bank receipts scheduled for August 31 and December 31 of each year will be automatically postponed to September 10 and January 10 respectively. All other deadlines remain unchanged according to the agreed payment terms. In the event of late and/or non-payment, Terno Scorrevoli may suspend the order pending payment, with automatic application of default interest provided for by D.Lgs. no. 231/02 from the payment deadline; once payment has been made, the order will be processed only after the raw materials have been purchased and taking into account the usual production times. In any case, Terno Scorrevoli shall have the right to send to the Buyer, by PEC or registered letter with return receipt, a notice to comply intimating him the payment of the amount due within 15 days of its receipt and advising him that, failing that, the contract of sale shall be considered terminated with immediate effect, with the Buyer responsible for damages.

4) The minimum order for Buyers is € 400.00 net.

5) Delivery will be Free Carrier (FCA) or Ex Works(EW), when dealing with exports in Incoterms® orby any other method, depending on what will bea greed upon with the order confirmation; unless otherwise agreed between the parties, the delivery of the products will be considered perfected upon the products handover to the carrier or directly to theBuyer at Terno Scorrevoli headquarters, with costs and risks borne by the Buyer. For any goods delivered damaged, the Buyer shall set out on the transport document, explicit recourse to the carrier chosen by him or chosen by Terno Scorrevoli if applicable.

6) The warranty for any defects or faults in the products sold directly to the Buyers shall be for a period of 24 months from the date of delivery. Product warranty shall not apply in the case of defects or faults arising from: (i) shipping damage;(ii) poor storage conditions at the Buyers' and/or their customers' warehouse; and (iii) accidents occurring during the process of the Buyers' sales to their customers.

7) In the event of return of products referred to in articles 5) and 6), Terno Scorrevoli will assess them merits of the complaints and, if necessary, authorise replacements of the products as needed with the relevant procedural directions. In case of verified urgency, the goods will be sent within 5 days on consignment and, only after verifying the validity of the complaints, Terno Scorrevoli will issue the related credit note.

8) Terno Scorrevoli shall not be liable in case of malfunctions or damages caused by the improper use or tampering with its products or by the intervention on them by unauthorized personnel. The use of TernoScorrevoli products in combination with components from other manufacturers is considered improper use of the products sold.

9) Terno Scorrevoli reserves the right to modify any of product in the catalog and, therefore, the Buyer is required to verify the exact characteristics of the products before submitting the purchase order.

10) This contract is governed by Italian law. For any dispute concerning the interpretation, validity, execution or termination of the sales contract, the Court of Monza shall have exclusive jurisdiction.

11) This contract is written in both Italian and English. In case of conflict, the Italian version shall prevail.

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