Stenhøj Hydraulik A/S

Unless otherwise expressly agreed in writing, these terms of sale and delivery apply to all agreements with and deliveries from Stenhøj Hydraulik A/S ('Stenhøj Hydraulik'), regardless of any provisions to the contrary in the order or acceptance given by the buyer. 1. Quote, order and acceptance Any order placed by the buyer is only binding on Stenhøj Hydraulik once the buyer has received a written order confirmation from Stenhøj Hydraulik. Quotes from Stenhøj Hydraulik will become void if the buyer's acceptance has not reached Stenhøj Hydraulik within 30 days of the submission of the quote. Amendments or addenda to an original agreement are not binding on Stenhøj Hydraulik without Stenhøj Hydraulik's written confirmation. Agreed time of delivery is only valid, if the buyer has been credit approved, prepayment has been received timely into Stenhøj Hydraulik´s bank account, or Letter of Credit has been received timely. Cancellation of orders for standard products manufactured or under manufacturing will only be accepted against a cancellation fee up to 50% of sales order value unless otherwise expressly agreed in writing. Cancellation of orders for specialized products will only be accepted against a cancellation fee up to 80% of sales order unless otherwise expressly agreed in writing. 2. Stenhøj Hydraulik's services The services provided by Stenhøj Hydraulik comprise only those stated in Stenhøj Hydraulik's quote/order confirmation, and Stenhøj Hydraulik undertakes to deliver products of satisfactory quality in terms of materials and workmanship. Information given in catalogues, pricelists and other product information provided by Stenhøj Hydraulik is only binding on Stenhøj Hydraulik to the extent that the agreement with the buyer expressly refers to such information. Stenhøj Hydraulik reserves the right to change the information contained in the above material without notice. All drawings and technical documentation, all intangible property rights, including software, and similar materials and information supplied by Stenhøj Hydraulik to the buyer, remain the property of Stenhøj Hydraulik. The material may thus only be used in connection with the use and maintenance of the products delivered by Stenhøj Hydraulik and may not be copied, reproduced, assigned or otherwise entrusted to an unauthorized third party by the buyer.