Terms of sale

Anyone who deals directly or indirectly with Recymundo BV, (hereinafter "Recymundo") is deemed to submit to the present terms and conditions.

1. Quotations are only binding on Recymundo insofar as the order, in accordance with the quotation, is placed in writing within 10 days of
date of the quotation. Our quotations are strictly limited to the specified elements.

2. Placing the order and/or accepting the invoice shall constitute express acceptance of these terms and conditions.

3. All prices quoted are exclusive of V.A.T. The prices quoted in our price list are valid only when purchasing full packages such as
indicated in the catalogue. There will be a surcharge of 25% when purchasing incomplete packs; depending on the product.

4. Every order must be in writing. In the absence of a written order form, Recymundo may refuse the order or regard it as being
cancelled.

5. Any change to an original order must also be made in writing. Any amendment shall make the offer no longer binding and shall hold
Recymundo reserves the right to make price changes unilaterally and charge them to the customer who agrees to them.

6. After written confirmation of the order, it shall be binding on the customer. If he subsequently renounces the sale, he is still obliged to pay the full price.
price, plus all costs, to be paid in full.

7. The delivery period is not binding and is only indicative.

8. Shipments always travel at the client's risk and expense. The risk for the goods shall pass to the customer at the time the goods reach our
leaving establishment.

9. In case events independent of Recymundo's will would make the fulfilment of its commitments impossible or unreasonably burdensome,
Recymundo is entitled to unilaterally terminate the agreement subject to written notice, without any obligation to pay compensation.

10. Payments shall always be made no later than 30 days after the invoice date.

11. In the event of late payment, compensation of 10 % on the outstanding
invoice amount including VAT, with a minimum of €50, as well as a default interest of 1% per month from invoice date.

12. Recymundo reserves full and exclusive ownership of the goods it sells until payment of the full
purchase price. In the event of non-payment, partial payment or late payment of the purchase price, Recymundo may immediately and without
the client, who shall grant Recymundo the necessary access for this purpose. Until such time as the full purchase price
paid, the receiver of goods will have to maintain them in perfect condition.

13. Upon written notice, Recymundo is entitled to suspend delivery or partial delivery and to demand security for the price of goods already delivered.
delivered goods, as well as goods yet to be delivered. The costs associated with such provision of security shall remain the responsibility of the customer.

14. Goods returned within the month will be credited to 75% of their invoiced value if they are in their original condition in the
original packaging.

15. Complaints must always be made by registered letter, stating reasons, addressed to the registered office of Recymundo within 3
days after delivery of the goods. No complaints will be accepted after the expiry of this period. Invoices should be sent within 5 days
after the invoice date by registered letter addressed to the registered office of Recymundo. Upon expiry of this
period, no more complaints will be accepted. The detachment, machining, processing, incorporation, trading, modification or repair etc. of the
delivered goods makes any complaint inadmissible.

16. Any guarantee granted, which must then be explicitly stipulated and specified in terms of duration, applies only to the parts, not to the
working hours and on travel.

17. Recymundo shall only be liable for its intentional or gross fault, even if certain products or groups of products have to be recalled due to hidden defects. In any case, Recymundo's liability is limited to the lower of the following two amounts:
€12,500 or the selling price of the product concerned (VAT excl.),.

18. The extent of Recymundo's liability is limited to taking back and replacing the goods or crediting them up to 75%, according to the
choice of Recymundo. All other damage, such as bodily injury and/or stillage damage and/or damage to other property, is always excluded. Other
damage than that for which Recymundo is insured is also excluded. In order to invoke Recymundo's liability, it is necessary to
the client to demonstrate that the disputed goods are unusable.

19. Customers shall indemnify Recymundo against claims made by third parties directly against Recymundo in relation to goods originating from us and continued by the customer.
goods delivered to third parties, insofar as such claims by those third parties affect Recymundo's liability under these conditions
exceed.

20. All legal actions by the client against Recymundo must, on penalty of inadmissibility, be commenced within six months of the date on which the action was commenced.
the creation of the right of action.

21. If one or more of these clauses is found to be affected by any form of nullity, this shall not imply the nullity of the other clauses which shall remain unaffected.

22. If one or more of these clauses is not or only partially applied, this is always done subject to all rights and without any adverse acknowledgement.

23. Only the Managing Director of Recymundo can legally bind the company.

24. Belgian law shall apply. The applicability of the United Nations Convention of 11.04.1980 concluded in Vienna (CISG) is
excluded.

25. All disputes shall be settled by the Court of Leuven. In the event of a dispute, all costs incurred by Recymundo, such as court costs,
expert fees, lawyer's fees, borne by the client.

26. All deviations from these general conditions must always be made in writing by mutual agreement and the general conditions of purchase
of the client, even if they are communicated to Recymundo after notification of current terms and conditions of sale and would not be by Recymundo
are protested, do not apply.

27. Recymundo reserves the right to invoke the principle of set-off as provided for in Article 1289 ff. of the Civil Code if Recymundo
and the customer are each other's debtors. In that case, as soon as the two debts exist, are fixed and due simultaneously, they will be extinguished to the extent of
of their reciprocal amount. Only the then remaining balance will have to be paid.

28. The customer waives any right to compensation and/or retention.