Standard Terms and Conditions of Sale

Effective 16/01/2012

PRICES

Prices, discounts and payment terms are those in effect at the time of acceptance of the order.
Prices are Ex Warehouse Antwerp Belgium. Prices, discounts and terms are subject to change without notice.

PAYMENT TERMS

Terms are 30 days net on approval of credit, if not mentioned on the invoice.
Terms of payment are not based upon receipt of shipment. All invoices are considered past due on the day after
the net due date and are subject to an overdue interest of 1% per month. Discrepancies should be reported in writing
within 10 days after receipt of the invoice. No later complaints will be accepted and the invoice will be fully due.

MINIMUM ORDER

CPS Products maintains a minimum order of 250€. Any order for less than 250€ (net distributor) will be subject to a
25€ handling charge.

FREIGHT

Unless otherwise agreed, Ex Warehouse for all shipments, except:
1. CIP conditions for orders of EURO 3000 (net distributor) and more for following territories: Benelux,
Germany, Austria, Denmark, UK, Ireland, France.
2. CIP conditions for orders of EURO 5000 (net distributor) and more for all other European destinations.
3. Shipments for destinations outside of Europe will be shipped Ex Warehouse, unless otherwise agreed.

WARRANTY AND REPAIR POLICY

CPS Products Inc. guarantees that its entire brand named products are free from manufacturing and material
defects to the original owner for two years from the date of purchase. If an instrument should fail during the
guarantee period it will be repaired or replaced (at our option) at no charge. This guarantee does not apply to
instruments which have been altered, misused or solely in need of field service maintenance. All repaired
instruments will carry an independent 90 days warranty. This policy does not include instruments which are
determined to be beyond economical repair. The CPS Repair Policy and repair charges are available upon request.

SPECIFICATIONS

Materials, finish, packaging or specifications on product offered by CPS are subject to charge without notice.

TITLE OF PRODUCT

All goods will remain property of CPS Products until completely paid for.

PACKING DISCREPANCIES

Any discrepancies should be reported in writing within 10 days after receipt of the consignment. No later complaints
will be accepted and the shipment will be considered as complete and correctly delivered.

RETURN OF GOODS

Discrepancies regarding wrong supplied goods should be reported in writing within 10 days after receipt of the
consignment and may be subject to a 15% restocking charge. (details can be found in repair policy).

JURISDICTION

All commercial transactions to which these terms and conditions apply or which arise from the same are
concluded or deemed concluded in Antwerp and are governed by Belgium law and the Antwerp practice of the
trade insofar as they are not contrary to these terms and conditions.
All controversies and pending costs will be settled by the Courts of Antwerp.