Privacy Policy of SVMT

1 Generals and Ambit

1.All deliveries, services and offers of SVMT (below: “SVMT”) are performed exclusively on the basis of these general terms and conditions which are valid for all current and future business connections of SVMT towards other companies, even if they are not repeated explicitly. Variations to these general terms and conditions are only effective if SVMT confirms them in written form for each individual case. At the last by verbal or written order or by acceptance of goods or services the customer approves these general terms and conditions and abandons the validity of own general terms at the same time.

2.The validity of general terms of customers especially any possible general purchase conditions are objected; they are also objected in particular if SVMT does not explicitly excepts them again in individual cases after transmission or notice. For reasons of precaution also any other possible references of customers to own general terms and purchase conditions are objected within the business connection.

2 Offer and Conclusion of the Contract

1.Offers of SVMT are noncommittal and without engagement. Orders of customers and any other acceptance declarations create a contractual relationship only after the receipt of a written order confirmation from SVMT. The same is valid for supplement or amendment agreements as well as for sub-agreements in coherence to an existing contractual relationship. In the case of immediate delivery to the customer the written order confirmation may also be substituted by consignment of an invoice.

2.All data, specifications of service and any other documents (drawings, illustrations, measurements, weights, DIN norms, other performance specifications) transmitted by SVMT in coherence to an offer or otherwise within the scope of the business connection are ever only to be understood as noncommittal approximated values. Particularly they do not in doubt imply the adoption of a guarantee. In doubt only explicit and written declarations of SVMT are valid for the adoption of a guarantee.

3.The sales personnel of SVMT is not authorised to close verbal or written sub-agreements nor to give any verbal or written warranty promises which exceed the contents of the written contractual or other legal relations.

4.Orders of the customer contain committal offers which SVMT accepts either by transmission of a written order confirmation or by delivery of the ordered goods to the invoiced end price (passage 1.). For call-off orders SVMT is released from the delivery duty if the ordered goods are not called off or taken by the customer within 12 months after the date of order confirmation. The call-off and acceptance duty of the customer stays unaffected.

3 Prices and Payment Terms

1.In doubt solely those prices are valid which are confirmed in the order confirmation by SVMT. Price indications on offers of SVMT are noncommittal and without engagement. If the contractual relationship is accomplished without prior written order confirmation the delivery is carried out according to the general list prices of SVMT which are valid at the delivery date. Price increases because of currency variations will be passed to the customer for goods which are not delivered yet. Prices which are quoted for imported goods are subject to the current customs tariff. SVMT reserves the right to adequately and relatively adopt the prices for imported goods which are not delivered yet if the customs tariff is subsequently realigned.

2.If not agreed differing by an individual contract all prices are in doubt valid ex shipping point plus packing, environment lump sum, transport, freight insurance, and plus on the delivery date valid legal VAT. Shipping point is warehouse of SVMT or in case of direct delivery German border or German port of entry.

3.All invoices of SVMT are due and payable net cash. If the customers does not pay after due date SVMT is entitled to charge interest customary in banking, but at least a delay damage of 10% p.a. Should the customer fall behind the settlement of an account, SVMT is authorised to operate other deliveries only by prepayment or by charge forward. If the charge forward is not paid by the customer SVMT may dispose of the goods for account of the customer or for account of SVMT and charge the difference between the agreed price and the price which was realised by the distress sale. This procedure does not affect the other contractual or lawful rights of SVMT.