CATALOG

TERMS OF SALE

These general conditions govern the sales reports of IMMAK S.r.l., which will now be called IMMAK. Any design or technical document relating to IMMAK products, even if returned to Customer, is always the exclusive property of IMMAK and can not be used by the Customer, or copied, reproduced, transmitted or communicated to third parties without the prior permission of IMMAK. All sales are made subject to the following terms, which the Customer declares to know and accept formally. Any other condition here unspecified will be deemed unsuccessful unless it is approved in writing by IMMAK.

1.       DELIVERY Deliveries will be made according to the possibilities and the manufacturing requirements. The terms of delivery are to be understood without obligation of IMMAK, which, in writing, in each order confirmation provided to Customers, will specify an indicative but non-binding term of the availability date of the goods at their warehouses.

2.       RESOURCES Except for various written agreements, prices are always understood to be free of charge for freight or production facilities. Any packaging, shipping charges, and any other charges or fees that may be due to the goods are the responsibility of the Customer.

3.       TRANSPORT The goods sold, from the time they leave IMMAK’s warehouses, are understood to be the property of the Customer and therefore, in all respects, delivered to him even if sold free of fate and whatever the terms of payment agreed; any responsibility of IMMAK ceases when the goods leave the factories or warehouses. If the carrier for all or part of the route is IMMAK itself, it is understood that the Customer will relieve it of any transport-related liability from time to time, which will be carried out at the sole risk and danger of the Customer himself.

 4.       PAYMENTS Payment terms are contractually agreed with each Customer in writing. If IMMAK agrees to postpone the delivery deadline upon Customer’s request, it will be entitled to reimbursement of storage costs. For the purposes of payment deadlines, the delivery will be understood as done within the agreed terms. In the event of a delayed payment, interests of 7% per annum will be higher than the official rate of the European Central Bank, also for bills of exchange. The terms stipulated for payment are peremptory and essential.

5.       CLAIMS OR CONSTRAINTS At the time of receipt of the goods and before issuing a signature to the carrier, it is the responsibility of the Customer to carry out the following checks: the identification of the kind and the number of packages that must conform to what is indicated in the delivery document; assessment of the external conditions of the packages, in particular signs of tampering and / or impact that could have affected the quality and integrity of the contained product. In the case of irregularities, the relevant reservations on the documents accompanying the goods must be made, which must be countersigned by the caretaker. Immediate communication to IMMAK must always be given. Any compensation for damage to the goods must be promoted by the Customer against the carrier. IMMAK is not responsible for any alterations, failures or wears that the material itself may be subject to improper handling or misuse. The obligation, therefore, is limited to the replacement of that part of goods that its technicians will recognize faulty of material or workmanship after verifying the product.

6.       QUANTITY The quantity of goods IMMAK undertakes to provide, except for the objections referred to in the preceding Articles, is that indicated in the order. All information provided in the order confirmation, even if detected by IMMAK, must be checked by the Customer under his / her responsibility. All orders in addition to the main supply will always be subject to these general sales conditions and will be accepted by IMMAK with delivery faculty as soon as possible, compatible with IMMAK’s business commitments.

7.       PRICES Prices are those defined in the IMMAK list and revised on an annual basis; are determined on the basis of the raw material and labor costs and labor costs quoted at the time of the listing. In any case, IMMAK reserves the revision of the applied prices, subject to the specific terms set out in the contract itself.

8.      WARRANTY: IMMAK recognizes the product warranty according to the proposed model and shown on the respective user and maintenance manual.

9.       COMPETENCES As far as sales and commitments are concerned, for each action or dispute related to them and dependent on them, the Judicial Authority of Milan will have exclusive jurisdiction to waive the parties for any right or exception contrary to the full observation of such clause , even if the payment is agreed in half way or I will pay home bills at the debtor.

IMMAK s.r.l.

CATALOG

TERMS OF SALE

These general conditions govern the sales reports of IMMAK S.r.l., which will now be called IMMAK. Any design or technical document relating to IMMAK products, even if returned to Customer, is always the exclusive property of IMMAK and can not be used by the Customer, or copied, reproduced, transmitted or communicated to third parties without the prior permission of IMMAK. All sales are made subject to the following terms, which the Customer declares to know and accept formally. Any other condition here unspecified will be deemed unsuccessful unless it is approved in writing by IMMAK.

1.       DELIVERY Deliveries will be made according to the possibilities and the manufacturing requirements. The terms of delivery are to be understood without obligation of IMMAK, which, in writing, in each order confirmation provided to Customers, will specify an indicative but non-binding term of the availability date of the goods at their warehouses.

2.       RESOURCES Except for various written agreements, prices are always understood to be free of charge for freight or production facilities. Any packaging, shipping charges, and any other charges or fees that may be due to the goods are the responsibility of the Customer.

3.       TRANSPORT The goods sold, from the time they leave IMMAK’s warehouses, are understood to be the property of the Customer and therefore, in all respects, delivered to him even if sold free of fate and whatever the terms of payment agreed; any responsibility of IMMAK ceases when the goods leave the factories or warehouses. If the carrier for all or part of the route is IMMAK itself, it is understood that the Customer will relieve it of any transport-related liability from time to time, which will be carried out at the sole risk and danger of the Customer himself.

 4.       PAYMENTS Payment terms are contractually agreed with each Customer in writing. If IMMAK agrees to postpone the delivery deadline upon Customer’s request, it will be entitled to reimbursement of storage costs. For the purposes of payment deadlines, the delivery will be understood as done within the agreed terms. In the event of a delayed payment, interests of 7% per annum will be higher than the official rate of the European Central Bank, also for bills of exchange. The terms stipulated for payment are peremptory and essential.

5.       CLAIMS OR CONSTRAINTS At the time of receipt of the goods and before issuing a signature to the carrier, it is the responsibility of the Customer to carry out the following checks: the identification of the kind and the number of packages that must conform to what is indicated in the delivery document; assessment of the external conditions of the packages, in particular signs of tampering and / or impact that could have affected the quality and integrity of the contained product. In the case of irregularities, the relevant reservations on the documents accompanying the goods must be made, which must be countersigned by the caretaker. Immediate communication to IMMAK must always be given. Any compensation for damage to the goods must be promoted by the Customer against the carrier. IMMAK is not responsible for any alterations, failures or wears that the material itself may be subject to improper handling or misuse. The obligation, therefore, is limited to the replacement of that part of goods that its technicians will recognize faulty of material or workmanship after verifying the product.

6.       QUANTITY The quantity of goods IMMAK undertakes to provide, except for the objections referred to in the preceding Articles, is that indicated in the order. All information provided in the order confirmation, even if detected by IMMAK, must be checked by the Customer under his / her responsibility. All orders in addition to the main supply will always be subject to these general sales conditions and will be accepted by IMMAK with delivery faculty as soon as possible, compatible with IMMAK’s business commitments.

7.       PRICES Prices are those defined in the IMMAK list and revised on an annual basis; are determined on the basis of the raw material and labor costs and labor costs quoted at the time of the listing. In any case, IMMAK reserves the revision of the applied prices, subject to the specific terms set out in the contract itself.

8.      WARRANTY: IMMAK recognizes the product warranty according to the proposed model and shown on the respective user and maintenance manual.

9.       COMPETENCES As far as sales and commitments are concerned, for each action or dispute related to them and dependent on them, the Judicial Authority of Milan will have exclusive jurisdiction to waive the parties for any right or exception contrary to the full observation of such clause , even if the payment is agreed in half way or I will pay home bills at the debtor.

IMMAK s.r.l.