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GENERAL TERMS OF SALE

1.The prices applicable to the products are those agreed by the parties as documented in the order confirmation sent by Celli S.p.A.

2.Prices include standard packaging. Any special packaging will be invoiced at cost and cannot be returned.

3.Products are sold EX-WORKS LOADED Celli S.p.A.

4.All additional expenses: import taxes, customs duties and all taxes relating to the country where the products are delivered shall be borne by the customer. Products shall be shipped, in any case, at customer's risk.

5.Assembly and/or installation of systems and accessories are excluded from the sales price.

6.Orders must be placed in writing. Celli S.p.A. shall be entitled to offer alternative products to replace those ordered. The customer irrevocably undertakes to pay the consideration due for the purchase of the products even if, due to an event of force majeure or for other events not attributable to the customer, it becomes impossible for the customer to receive the products or the customer's interest in receiving the ordered product ceases to exist. The customer also expressly waives any request for termination of the agreement pursuant to art. 1467 of the Italian Civil Code, as well as, any request to review the price justified by force majeure events or other events/facts not attributable to the same customer.

7.In order to ensure a prompt shipment and to avoid any mistake, the order must include the product as well as the product's code. The delivery dates indicated or confirmed by Celli S.p.A are tentative and may therefore be subject to change.

8.Celli S.p.A. products are covered by warranty for a period of 12 months starting from the date of delivery indicated on the transportation document and are subject to the terms and conditions set out in the WARRANTY document, available on the Celli S.p.A. website at the following address:

9.Subject to forfeiture of the warranty, the customer must notify Celli S.p.A. in writing any defects found no later than 8 days from their discovery. The warranty does not include any works on-site.

10.Celli S.p.A. is not liable for any defects or wear and tear resulting from use and/or failure to comply with the applicable instructions.

11.The shipment of any parts under warranty will be made ex works Celli S.p.A. only on the basis of adequate documentation proving the defectiveness of the parts to be replaced.

12.No return will be accepted without prior authorization given by Celli S.p.A., and, in any case, according to the procedures indicated by Celli S.p.A. Products to be returned to Celli S.p.A. should be adequately packaged and shipped with transport costs paid in advance by the customer. A contribution equal to 10% of the products' value is required to cover handling expensed.

13.All our systems and accessories are covered by product liability insurance.

14.Until the customer has paid the agreed price in full, Celli S.p.A. will remain the sole owner of the products supplied and may therefore be claimed back any time and wherever they may be located. In the event of delay in the payment of the amount due, the customer will be liable to pay the interests under Legislative Decree no. 231 of October 9, 2002.

15.Products shown in Celli S.p.A. catalogues and price lists may be protected by patents, trademarks, copyright or other industrial property rights.

16.Photos and drawings are for guidance only. The data, measurements, articles, characteristics, performances and in any case all other data reported in this price list may be modified without prior notice in order to achieve the continuous improvement that makes Celli S.p.A. one of the world's leading companies in the sector.

17.These conditions are governed by laws of the Italian Republic. The Vienna Convention on Contracts for the International Sale of Goods shall not apply to this agreement. Any disputes relating to these general terms of sale shall be subject to the exclusive jurisdiction of the courts of RIMINI.

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