General Terms and Conditions of Business and Delivery

1. Acceptance of the Terms of Delivery

All offers are made on the basis of the following terms of delivery. These are enclosed with all offers and

agreements and shall be deemed to be accepted by placing the order or accepting the delivery without renewed reference for the duration of the entire business relationship. Deviating terms and conditions which we do not expressly acknowledge in writing are not binding for us.

2. Offer and Conclusion of Contract

Our offers are always subject to change and non-binding, unless they contain declarations to the contrary. Orders shall only be deemed accepted when they have been confirmed by us. Amendments, verbal promises or ancillary agreements by employees, as well as supplements, require our written confirmation to be effective. The information contained in drawings or brochures are only approximate values customary in the industry.

We reserve the right to technically-related excess or short quantities to the extent customary in the industry, provided that production-related quantity margins have not already been stated in the offer or the order confirmation.

Tools remain our property if only cost shares are reimbursed by the customer. The duration of tool storage is a maximum of two years. In the event of a repeat order, this period shall be extended by a further year.

3. Prices and Terms of Payment

Our prices are ex works and do not include VAT, costs of packaging, freight, postage or metal surcharges, unless otherwise confirmed.

Payments are to be made in € within 10 days from the date of invoice with 2% discount, or within 30 days from the date of invoice net without deduction. In case of overdue payment, we shall be entitled to charge interest on arrears in the amount of 2% above the current account interest rate charged to us by the house banks, but at least 2% above the respective discount interest rate of the German Federal Bank. Bills of exchange or cheques are only accepted by express agreement

and assumption of all costs by the client accepted

In the event of default in payment, we shall be entitled to suspend the fulfilment of further orders and obligations until receipt of the payments. If it becomes apparent after conclusion of the contract that the creditworthiness of our customer is at risk, we shall be entitled to demand securities or to withdraw from the contract and demand compensation. We are entitled to set off all claims we have against our customer against all claims the customer has against us.

4 Shipping, Freight and Transfer of Risk

Unless otherwise agreed, we shall choose the means of transport and the transport route. The goods are usually unpacked on pallets, in crates or wire mesh boxes. On request and if necessary, packaging is possible against payment. Disposable packaging will not be taken back. At the request of the purchaser, we will insure the goods against shipping risks at the purchaser's expense. If the goods are sent to the customer at the customer's request, the risk shall pass to the customer upon their delivery to the customer's freight agent, but no later than upon leaving the factory. This also applies if we have taken over the delivery.

5. Time of Delivery

The delivery dates are determined in such a way that they can be complied with if production proceeds in an orderly manner. The delivery time confirmed by us shall apply, irrespective of the customer's request. If the delivery date stated by us is delayed, we shall inform the customer of this as soon as possible and state the new expected delivery date. The customer is only entitled to withdraw from the contract if we are responsible for the non-observance of the delivery date and he has granted us a reasonable period of grace to no avail. If a delivery becomes impossible due to other circumstances, such as force majeure, operational disruptions, lack of raw material supply, strikes or similar, we shall be released from our delivery obligation.

6. Material Defects

If a shipment is defective or lacks warranted characteristics, we undertake, at our discretion, to rectify the defect or to deliver a faultless replacement. We must be notified immediately in writing of the discovery of such defects. Subject to undamaged packaging and proper transport, we only guarantee that the goods are rust-free until the date of receipt. Unless otherwise agreed or stipulated by law, claims for material defects shall become statute-barred after 12 months.

7. Retention of Title

The delivered goods remain our property until full payment of all claims arising from the business relationship between us and the customer. The receipt of payment in full is decisive. The comprehensive, extended retention of title therefore applies. The customer is entitled to resell the goods subject to retention of title in the normal course of business. However, he is not permitted to pledge the goods or assign them as security. The buyer is obliged to secure our rights as a seller subject to retention of title when selling goods subject to retention of title on credit. If the goods subject to retention of title are seized or confiscated from the buyer, the buyer must inform us immediately. The claims of the buyer from a resale of the goods subject to retention of title are already now assigned to us - we accept this assignment. Notwithstanding the assignment and the right of collection to which we are entitled, the customer shall be entitled to collect as long as he fulfils his obligations towards us. At our request, the customer is obliged to disclose the assignment to third party buyers and to provide us with the information on the assigned claims required for collection.

Any processing or treatment of the goods subject to retention of title shall be carried out by the customer on behalf of the supplier, without any obligations arising for the latter as a result. If the reserved goods are processed, combined or mixed with other goods not belonging to the supplier, the supplier shall be entitled to the resulting co-ownership share in the new item in the ratio of the value of the reserved goods to that of the other processed goods at the time of processing, combining or mixing. If the customer acquires sole ownership of the new item, the contracting parties agree that the customer shall grant the supplier co-ownership of the new item in proportion to the value of the mixed or combined goods subject to retention of title and shall store them for the supplier free of charge. If the goods subject to retention of title are resold together with other goods, whether with or without processing, combining or mixing, the above agreed advance assignment shall only apply to the value of the goods subject to retention of title that were resold together with other goods.

The customer shall inform the supplier without delay of any enforcement measures by third parties against the goods subject to retention of title or the claims assigned in advance, handing over the documents necessary for an intervention. The supplier undertakes to release the securities to which he is entitled in accordance with the above provisions at his discretion at the request of the customer to the extent that the value exceeds the claims to be secured by 20%.

If the customer is in default with the fulfilment of a payment obligation secured by our reservation of title in whole or in part or if the enforcement of our claims is jeopardised by a significant deterioration of the customer's financial circumstances, we shall be entitled to demand advance payment or provision of security at our discretion. After fruitless expiry of a grace period, we are entitled to withdraw from the contract if the customer refuses to make the advance payment or provide security.

The mere demand for surrender of the property reserved to us does not constitute a withdrawal from the contract. The comprehensive retention of title shall apply.

8. Place of Performance and Jurisdiction

The place of performance is the location of our registered office. The place of jurisdiction for disputes with customers who are registered traders, a legal entity under public law or a special fund under public law is the court responsible for our registered office.

We are also entitled to sue at the customer's place of business or residence.

In any case, the contractual relationship shall be governed by German law.

9. Binding Nature of Our Terms of Delivery

Should individual provisions of these Terms and Conditions of Sale and Delivery be or become invalid, irrespective of the reason, this shall not affect the validity of the remaining provisions.

The invalid provisions shall be replaced by provisions which come closest to the economic purpose of the contract while safeguarding the interests of both parties.

Production of flat and profile wires in TOP quality