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Selling Conditions

General Terms and conditions of  Race Seats
1. Scope
1.1 These  terms  and  condition  shall  apply  exclusively  to  all  deliveries, services  and quotations  from  Race  Seats.  Any  Counter-confirmations  of  the Customer with reference to his own terms and conditions and/or conditions of purchase  are  hereby  expressly  excluded.  Nor  shall  the  latter  apply  if  Race Seats  executes  unconditionally  with  knowledge  of  conflicting  terms  and conditions of the Customer
2. Quotation and Conclusion of a Contract
2.1 Quotations  from  Race  Seats  are  always  subject  to  change  and  never binding.  Unless  agreed  otherwise,  prices are  net  prices  ex  works, although inclusive of standard Race Seats packaging. These  prices,  plus  the  statutory  amount  of VAT,  delivery  costs,  customs duties  and  any  additional  import  charger,  shall  be  paid  by  the  Customer  in full.
2.2 Drawings, illustrations weights or other performance figures contained in catalogues, price lists or other Race Seats advertising material only represent a guaranteed condition if this is expressly stated.
3. Execution of Deliveries and Services/Acceptance
3.1Unless  expressly  agreed  otherwise,  dates  and  delivery  periods  are  not binding.
3.2In the event of circumstances at Race Seats or at a supplier of Race Seats, which  prevent  Race  Seats  from  supplying  a  delivery  at  that  time  or permanently  or  under  reasonable  economic  conditions  through  no  fault  of Race Seats and through no fault of the supplier attributable to Race Seats (e.g. Material  procurement  difficulties,  breakdowns,  strikes, lockouts,  transport shortages, official orders and all acts of God), Race Seats is released from the obligation   to   supply   for   the   duration   of   the   circumstances   and   their consequences.  Race  Seats  shall  inform  the  Customer  immediately  if  such circumstances occur. If the circumstances last longer than three months, the Customer is entitled to rescind the part of the contract that has not yet been fulfilled at that time following a reasonable period of grace. Race Seats can rescind the contract if the circumstances have produced an unreasonably large order  surplus,  or  if  the  economic  conditions  have  changed  considerably  in another way.  If, in the event of circumstances described above, Race Seats does not have sufficient quantities of goods to satisfy all Customers, Race Seats is entitled to reduce all commitments to supply at its own discretion, exercising all due care and diligence, and is released from obligations to supply.
3.4 Race Seats is entitled to deliver and provide services in instalments at all times.  Race  Seats  is  entitled  to  deviate  from  the  agreed  delivery  or  service provided  that this is deemed reasonable and appropriate for  the Customer.
3.5 The Customer must cooperate in the acceptance of goods and services and inform Race Seats of difficult delivery conditions in good time.
3.6 If the dispatch or delivery of goods is delayed due to reason for which the Customer  is  responsible,  Race  Seats  is  entitled  to  charge  the  Customer  the costs  arising  from  the  storage  of  such  goods,  at  least  1%  of  the  imputed invoice amount for storage of goods in Race Seats warehouse, starting from one month after notification that the goods are ready to dispatch/deliver and for each month of storage or any part thereof, unless the Customer can prove that no damage has resulted or damage has not resulted to this extent.
4 Passage of Risk
4.1 The risk of accidental damage passes to Customer as soon as the delivery has been handed to the carrier or has left Race Seats storage for the purpose
of dispatch or if Race Seats has informed the Customer that goods are ready to dispatch.
4.2 If Race Seats follows shipment instructions issues by the Customer, it does so  at  the  risk  of  the  Customer.  Race  Seats  only  accepts  liability  under  the condition of § 5 of these terms and conditions.
4.3 Any  agreements  regarding  transport  and  insurance  costs  relate  purely  to expenses and do not affect the passage of risk.
4.4 At  the  request  and  expense  of  the  Customer,  Race  Seats  shall  insure  the delivery  against  damage  caused  in  transit,  breakage,  fire  damage  and accidental damage.
4.5 If Incoterms are agreed, the current version of each of these terms is valid.
4.6 At  the  date  of  this  contract delivery  terms  are  Incoterms  2000  Ex  works (EXW).
5. Claims Arising from Faults/Liability
5.1 Race  Seats  accepts  the  liability  that  the  goods  to  be  supplied  are  free  of material defects or defects in title that render them unsuitable or considerably reduce their suitability. This does not include defects caused by improper use, incorrect   assembly,   provided   the   assembly   instructions   are   correct, unauthorized  modification  or  similar  circumstances  occurring  within  the sphere of the Customer.
5.2 The  limitation  period  for  claims  arising  from  defects  is  ten days  from delivery of the goods. This period also applies to claims arising from tort that are based on a defect in the goods. In the event of liability for the breach of obligations  relating  to  subsidiary  or  preliminary  contractual  duty,  or  due  to tort  that  is  not  based  on  a  defect  in  the  goods,  the  claims  of  the  Customer lapse ten days after delivery.
5.3 If  the  Customer  is  a  trader,  his  claims  arising  from  a  defect  require  the Customer  to  have  fulfilled  his  obligation  to  examine  the  goods  and  lodge  a complaint   immediately   and   appropriately,   particularly   in   the   event   of incomplete  deliveries,  as  a  necessary  prior  condition.  The  Customer  shall enable Race Seats to examine the goods in a reasonable and appropriate way.
5.4 Provided  that  the  goods  are  faulty,  Race  Seats  is  entitled  to  choose between rectifying the fault and supplying replacement goods. If Race Seats is  not  prepared  or  not  in  position  to  rectify  the  fault  or  supply  replacement goods,  or  Race  Seats  refuses  to  do  so  or  fails  to  do  so  within  a  reasonable time period due to reason for which Race Seats is responsible, or fails in any other  way  to  rectify  the  fault  or  supply  replacement  goods,  the  Customer entitled   to choose   between   rescinding   the   contract   or   demanding   an appropriate reduction in the purchase price.
5.5 If  the  Customer  is  entitled  to  return  the  goods,  they  must  be  returned in accordance   with   the   instructions  provided   by   Race   Seats   following consultation with Race Seats.
5.6 The  Customer  is  not  entitled  to  rescind  the  contract  as  a  result  of  faulty goods in cases in which the Customer is unable to return the goods received and this in not due to the fact that it is impossible to return it due to the nature of the goods received, it must be returned due to reason for which Race Seats is  responsible  or  a  fault  did  not  become  apparent  until  the  goods  were processed or altered. If faulty goods or incomplete deliveries are supplied, the Customer is only entitled to rescind the entire contract and to damages instead of the entire fulfillment if an objective measure is applied in order to confirm that he has no interest in the fulfillment rendered.
5.7 Unless specified otherwise in points 5.8 to 5.1 below, the Customer may not  make  any  claims  that  go  beyond  those  covered  in  points  5.1  to  5.6  irrespective of the legal justifications. This particularly applies to liability for advice,  comments  and  information.  Therefore,  Race  Seats  does  not  accept liability  for  damages not caused to  the  goods  themselves    and in particular, Race  seats does  not  accept  liability  for  lost  or  other  economic  losses  of  the Customer.
5.8 The above liability disclaimer does not apply if the cause of the damage is based  on  intent  or  gross  negligence  on  the  part  of    Race  Seats,  its management or persons involved in the fulfilling of the owed obligations in accordance with Italian Civil Code. Nor does it apply if the Customer puts forward claims for damages instead of the entire fulfillment due to the absence of a condition of the goods guaranteed by Race Seats, due to a defect maliciously kept quiet by Race  Seats or due to loss of  life, personal injury or damage to health.
5.9 If Race Seats has culpably breached an important contractual obligation or a  “cardinal  obligation”  and  in  cases  of  initial  impossibility  of  which  Race Seats was aware or should have been aware on entering into the contact, the above liability disclaimer does not apply. In this case, the liability of Race Seats is limited to the damage typical of the contract, otherwise, Race Seats is not liable in accordance with point 5.7.
5.10 The above liability disclaimer also does not apply to claims arising from the product liability law. If the clause limiting liability in point 5.9 does not apply,  the  liability  of  Race  Seats  in  respect  of  claims  arising  from  product liability is limited to the supply price . 
5.11 If the above exceptions to the limitation of liability (points 5.8 to 5.10) apply, unlike point 5.2, the statutory period of  limitation applies.
5.12 Claims arising from a defect may only be made against Race Seats by the Customer and are not transferable.
5.13 If Race Seats is not liable of has limited liability, this also applies to the personal  liability  of  its  employees,  co-workers,  representatives  and  persons involved in fulfilling an obligation.
6.Product Liability
6.1 If   the   Customer   sells   the   supplied   goods   or   products   that   were manufactured  using  the  goods,  the  sales  should  be  documented  so  that  his customers  can  be  traced.  The  Customer  is  obligated  to  place  his  customer under  a  corresponding  obligation  provided  that  the  latter  are  able  to  keep documentation and it is reasonable and appropriate to do so.
6.2 The  Customer  shall  support  Race  Seats  in  every  way  in  the  defence  of claims   relating   to   product   liability   if   this   is   deemed   reasonable   and appropriate. In particular, on request, processing to which Race Seats goods have been subject and the proportion of goods supplied by Race Seats in the product manufactured by the Customer.
6.3 The  Customer  shall  inform  Race  Seats  immediately  about  any  claims  or other abnormalities in connection with the goods supplied by Race Seats.
7. Copyright and Industrial Property Rights
7.1 Should a claim relating to goods supplied by Race Seats be made against the  Customer  due  to  infringement  of  industrial  and  intellectual  property rights, he shall inform Race Seats immediately and regularly about all matters concerning  such  a  claim  and,  in  particular,  provide  Race  Seats  with  the necessary  information  and  documentation.  He shall  appoint  a  solicitor  or patent lawyer retained by Race Seats to manage any disputes. The Customer remains free to appoint an additional lawyer.
7.2 Race  Seats    is  not  obligated  to  check  specifications  presented  by  the Customer for the infringement of industrial property rights.
7.3 Race Seats is entitled to destroy customer-specific masks designed for the Customer one year after the last delivery to the Customer without informing the Customer first. Unless agreed otherwise, the Customer has a non-exclusive, non-transferable right to use customer-specific masks.
8. Retention of title
8.1 The  goods  remain  the  title  of  Race  Seats  until  all  claims  of  Race  Seats against  the  Customer  arising  from  the  business  relationship,  irrespective  of the  legal  justification,  including  any  claims  arising  in  the  future,  have  been settled  (goods  subject  to  reservations  of  ownership).  This  also  applies  if individual or all claims of Race Seats have been incorporated into a current account and the account balance has been settled and acknowledged.
9. Prices and Payment
9.1 The  agreement  prices  may  be  increased  if  the  agreed  delivery  period  is more than four months and if and provided that the total production costs (e.g. increase  in  material  costs  and  labour,  increase  in  import  duties  and  taxes) have  increased.  If  the  price  increases  by  more  than  5%,  the  Customer  can rescind the contract in writing within one week of receipt of the notification of the price increase.
9.2 All Race seats invoices are payable in full within 30 days of the invoice date. Unless agreed otherwise, this or any other agreed payment period does not apply if a delivery would cause the size of the debt owed to Race Seats payable and not yet payable – to exceed a contract. In this case, the amount by which the credit limit has been exceeded payable immediately. The rights of Race Seats in point 9.5 of these terms and conditions remain unaffected the above terms.
9.3 Even  if  the  Customer  operates  under  conflicting  terms,  race  Seats  is entitled to offset payments against older debts first. If costs have already been incurred Race Seats is entitled to offset the payment against costs in the first instance, then against interest and finally against the principal obligation. In the event of payment by cheque or bill, payment is not deemed to have been made until the paper currency has been cashed. The Customer shall bear all costs incurred as a result of discounting cheques and bills. Race seats does not accept  liability  for  punctual  and  appropriate  presentation,  objection  and notification.
9.4 If  the  Customer  falls  behind  with  payments,  Race  seats  is  entitled  to charge  interest  at  a  rate  of  8%  above  the  base  rate  from  the  relevant  date. Race  Seats  reserves  the  right  to  assert  a  further  claim  arising  from  delayed payment.
9.5 If  the  Customer  fails  to  meet  his payment  obligations  after  entering  into the contract, in particular if he fails to honour  a cheque or stops payments or if  Race  Seats  becomes  aware  of  any  other  circumstances  that  seriously  call into  question  the  creditworthiness  of  the  Customer  after  entering  into  the contract, Race Seats is entitled to demand payment of all remaining debt. This also  applies  if  cheques  were  accepted.  Objections  from the Customer,  other than   those starting   that   a   payment   period   had   been   granted,   remain unaffected.  In  the  cases  described  above,  Race  Seats  is  also  entitled  to demand prepayment or security before supplying goods. This entitlement also exist  if  a  delivery  would  cause  the  size  of  the  debt  owed  to  Race  seats payable or not payable  to exceed a credit limit of which the Customer was notified  prior  to  formation  of  the  corresponding  contract  unless  Race  Seats should have  recognised this before entering into the contract or the Customer reduces the balance of the debt to such an extent that the credit limit is not reached as a result of the delivery in question.
9.6 The  Customer  is  not  entitled  to  offset  or  withhold  payment  unless  the counterclaim has been deemed indisputable or legally enforceable.
10. Cancellation
10.1 Cancellations  of  orders  that  have  placed  require  the  approval  of  Race Seats, which is only given in exceptional cases.
10.2 If  Race  Seats  approves  a  cancellation  request  from  the  Customer,  the Customer  must usually  pay  cancellation  costs according  to  the  table  below. The  cancellation  period  on  which  the  table  based  is  calculated  from  the difference  between  the  first  delivery  date  specified  by  Race  Seats  and  the calendar  week  in  which  the  Customer’s  cancellation  request  is  received  at Race  Seats.  If  the  delivery  date  was  subsequently  brought  forward  at  the request  of  the  Customer,  this  date  applies.  The  table  only  applies  to  the product groups listed. In other cases, a special agreement must be reached.      
 
Seats, pads,  development tools ,and socket punch

Cancellation Period in Calendar Weeks                   Cancellation Fee as a % of the
                                                                                   Purchase Price
0-4                                                                              100
5-8                                                                              80
9-10                                                                            60
11-17                                                                          25
18 or more                                                                  0
 
11. Applicable Law, Court of Jurisdiction, Export Restrictions, Customs Clearance
11.1 The law of Italian Republic applies to the legal relationship between Race Seats and the Customer .
11.2 Should  individual  clauses  in  these  terms  and  conditions  be  or  become invalid  according  to  the  applicable  Italian  law  or  a  national  law  in  the Customer’s  country  of  residence,  which  cannot  be  ceded  effectively  by  the above choice of law, the validity of the remaining clauses remains unaffected. The invalid clause shall be replaced by a clause that comes closest in terms of economic sense to the clause that Race Seats and the Customer would have wanted.
11.3 If  supplied  goods  are  subject  to  Italian,  European  and/or  non-European export  controls,  the  Customer  shall comply  with  the  relevant  export control regulations  in  the  event  that  the  goods  are  exported  and/or  re-exported.  If deliveries  are  exported  without  payment  of  duty  at  the  request  of  the Customer,   the   Customer   accepts   liability   for   any   subsequent   customs administration claims with respect to Race Seats. 

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