Commercial Terms and Conditions

Sales Contract
Karatbars International GmbH
D 70173 Stuttgart
Knigstrae 52

Seat: Stuttgart, entered into the Commercial Register kept by the District Court
Amtsgericht Stuttgart under HRB No. 739615
President of the Board: Pietro Fazio
Tel. 0049-(0) 711-120 40 830
www.karatbars.com


Preamble

Karatbars International GmbH (hereinafter referred to as Karatbars) sells via an
multi-tiered referral affiliate marketing for: the Sale Goods & service and precious
metals

1
Validity

These Commercial Terms and Conditions shall be valid in any and all contractual
relationships with consumers and entrepreneur referrer-affiliates. (hereinafter referred
to as the Customers) in connection with the sale and distribution of the Sale of
Goods/services, precious metals and the Product / Promotion Packages.
The Customers Commercial Terms and Conditions shall not be excepted. By clicking
a check-box, the Customer acknowledges that he fully and exclusively accepts this
Commercial Terms and Conditions.

2
Right to appeal /
Right to return

The Customers shall have no right to appeal on the matter of agreed upon purchase
of the sale of precious metals, subject to daily price fluctuation, which is not affected
by Karatbars. In respect of the remaining Sales of Goods and services, the
Purchaser shall have the right to return them within 14 days, provided that he is a
consumer, the Purchaser was acquainted with, and clicked the notice (and agreed by
that action) on the right to return <LINK>.

3
Contract Conclusion

The contract shall be deemed to be agreed and in-force with Karatbars, provided that
the following steps are taken:
Any and all offers and presentation of Karatbars products irrespective of a medium
presenting it shall be only deemed to be the Customers request to make a binding
offer as the conclusion of the sales contract. This happens in both precious metals
and any other product orders when the Customer clicks purchase button in an
order form. The conclusion of the contract shall be effective, when Karatbars
approves the Customers offer by confirming the conclusion of the contract, and
sending the goods within 5 days.

4
Content of the Contract

1. Gold Purchasing
The Purchaser decides himself when and what amount he will provide to Karatbars
for any purchases. To ensure considerable personal asset security, which should be
the aim of the transaction, it is recommended to purchase at least 100 grams in one-
bulk order or through several transactions. Moreover, it is recommended to make
purchases in regular monthly intervals. Each transaction shall constitute a separate
contract. Karatbars shall be obliged to provide the Customer a current re-purchasing
price on an accounting day within 3 business days. The Purchaser shall agree to the
informed about re-purchasing price after the transaction. Moreover, Karatbars shall
provide (ship to) the Customer with gold, if available, within 6 weeks if requested by
the Customer and deposited, and shipping is paid for by the Customer (unless
qualified for free shipping). As a result of the Force Majeure of all standard
international law accepted types (e.g. including mayhem on the gold market) there
may be some delays, for which Karatbars shall not be liable.

2. Other goods
The Purchase shall order other goods by providing a relevant product number and
make payment into a given bank account or through online payment mechanismsv
vapproved and provided by KaratBars. Within 5 days of accounting the payment the
Purchaser shall receive the order confirmation or the ordered goods.

3. General terms and conditions
The agreed payment method is payment in advance (pre-paid). Karatbars shall only
provide goods of the same kind, no post-pay. The delivery of all the goods shall be
made provided that they are available. The Customer shall provide a current delivery
address, where he can collect the goods. Any costs of unsuccessful attempts to
deliver the goods shall be incurred by the Customer. The same refers to e-mail and
bank account failed or delayed transfers.
The Contract shall be terminated upon request of the Purchaser. The Purchaser
acknowledges that the Contract is not concluded as: the door-step deal (German
Haustrsituation), which implies that no extended right-of rescission is implied or
included.

5
Gold Purchasing Price

5.1. The current daily sales price within the meaning of this Contract is the gold
price fixed internally and published on the Sellers website at 10:00 a.m. CET.
This price shall also apply to payments made before 10:00 a.m.
5.2. The Seller draws attention to the only currencies accepted by the Seller are
(euro) and USD (US dollars). Any fluctuations of exchange rates and exchange
charges shall be incurred by the Purchaser. If the Purchaser fails to make the
payment in the agreed currency, the Seller shall charge a lump-sum amount for the
currency conversion in the amount of 3 % above the exchange rate of the European
Central Bank.
5.3.If the Purchaser pays by credit card, an additional amount of 3.5% of the
purchase price shall be charged and this amount shall be directly deducted from the
received purchase payment.
5.4. According to the German tax law 999.9 of pure gold shall not be subject to VAT.
The prices of other Sales Goods shall be subject to VAT.

6
Delivery

6.1. Shipping costs to individual countries are detailed on the website:
www.karatbars.com and shall be provided to the Purchaser prior to the shipment.
The anticipated delivery period that is up to around 6 weeks can be met if the
payment is made by credit card, the delivery shall last up to around 6 months (see:
Art. 7). In case of the one-time purchase of 100 one-gram bars and more, the
shipment shall be free of charge.
Irrespective of the shipment costs, in case of deliveries to some countries it may be
necessary to pay customs fees or other processing fees or provincial sales taxes,
which are borne by the customer.
6.2. The shipment shall be free of charge, if the first 100 one-gram bars are delivered
as a single shipment; subsequent free deliveries shall always be made in batches of
100 pieces each.
6.3. The Purchaser shall provide a full and correct delivery address and observe the
delivery date. The delivery address must be a private address, where it must be
possible to provide the goods to a natural person, who has Official accepted
Government ID (KYC) and must sign a receipt for it. Deliveries to postal boxes shall
not be made. Any separate costs for unsuccessful delivery attempts made by the
Sellers Shipper, shall be incurred by the Purchaser.
Each sales contract shall refer to one shipment, which means that they may not be
combined. It is recommended to order gold in shipments that have at least 10 grams
of gold. Karatbars shall have the right to make partial deliveries.
6.4. Any gold deliveries shall be subject to the valuables delivery insurance
purchased by the Seller. According to the insurers guidelines, the gold delivery
chain, shall be supervised at each station by 2 persons, in accordance with the four
eyes principle.

7
Deposit

7.1. If the Purchaser requests that his/her gold be deposited (stored), or if the
Purchaser does not insist on delivery, the Seller shall deposit the corresponding
amount of gold in the high-security safe (vault).
7.2. The Purchaser agrees that the Seller shall put his/her gold in a collective
deposit. Hence, the Purchaser shall have no right to collect specific gold bars, but
rather to collect the gold bars of the same kind, properties and quality.
7.3. The Sellers deposit shall be free of charge for the Purchaser. The Seller shall be
only liable for any deliberate actions, or gross negligence. The Purchaser shall have
the right to deposit his/her gold at any time in the independent and charged
depository.
7.4. If the Purchaser makes his/her payment by credit card without the 3-D-Secure,
the Seller shall have the right to retain the paid goods for a period of 6 months as a
security until the payment becomes irrevocable.

8
Termination

8.1. The Purchaser shall have the right to resign from purchasing gold at any time.
The Purchaser shall not be subject to the continuance of order-making (contract or
auto-ship).
8.2. The Purchasers right to terminate the concluded Contract shall be subject to the
statutory regulations. Hence, the Purchaser may terminate the Contract, if the
delivered goods are defective, and the Purchaser has provided the Seller with a
relevant time-limit for the proper performance of the Contract, and the Seller has
failed to observe this time-limit. The fact that the Purchaser has changed his/her mind
about the made purchase shall not be the basis for the termination of the Contract.
The Purchaser shall have the right to terminate the Contract within 6 business days
of receipt of the goods. On expiry of this time limit, the termination right shall not be
applied.
8.3. If the Purchaser fails to make any purchases and shall have gold deposited with
Karatbars, gold shall be returned to him after payment by them of the specified
shipment costs.

9
Payment
9.1. The Purchaser shall pay for the goods by bank transfer, credit card, Ezybonds or
standing order. The order shall be exclusively carried out for the amount credited in
the bank account, unconditionally and without the right to withdraw the payment, but
any possible charges and fees, as set forth in Art. 5, shall be deducted first .
9.2. Any payments shall be only non-cash payments made into the following bank
account of the Seller:

Account No:....
Bank Code: .
IBAN/BIC: ...
Bank: ...
The exclusive currencies shall be (Europe) and USD (USA).

9.3. When making the payment, the Purchaser shall provide his/her Contract number
and Username, otherwise there may be problems with allocating his/her payment
which will be transferred to a common bank account, and this fact may cause some
considerable delays.
9.4. It is explicitly stated that the Seller shall only accept euro () and USD (US
dollars). Any currency fluctuations and payments for currency exchange shall be
incurred by the Purchaser. If the Purchaser fails to make any payment in the agreed
currency, then there shall be imposed a charge for calculating the currency in the
amount of 3% above the exchange rate announced by the European Central Bank.
9.5. In case of the payment by credit card a charge for a credit card in the amount of
3.5% of the purchasing price shall be added and this charge shall be deducted
directly from the received payment.

10
Repurchase
The Purchaser may sell the purchased and paid gold at any time. The Purchaser
may also offer gold to the Seller at a current daily purchase price. The buy-back price
lists are available on the website.

11
Warranties
The Seller warrants that the delivered gold has the stated purity level. The Seller
does not give any other warranties, especially warranties concerning the further
growth of the gold price.
12
Data Protection

12.1. Any and all customer data shall be confidential under the applicable data
protection laws. The Purchaser agrees that his/her data may be rendered,
processed and conveyed.
12.2. The Purchaser agrees to be provided by the Seller with any essential
information , such as concerning special promotions alerts, or a recurring newsletter.
If the Purchaser does not agree, or wishes to cancel his/her previous consent, he/she
shall send a relevant e-mail to the Seller to unsubscribe.
12.3. In general the Seller shall gather only the data, which is necessary to provide
services or perform the Agreement, which may require the Purchasers personal data
to be submitted to any entities responsible for providing given services or performing
the Contract. It may refer to transport companies, or other service providers.
The Seller shall not provide any data in a broad-spectrum manner, unless they are
obliged by court or applicable laws. The Sellers employees have been required to
keep confidence, agreed in writing.
The Purchaser shall agree to:
be provided with a newsletter,
participate in games of chance,
have their financial reliability and age evaluated in order to make payment or
perform payment methods.

Following the Contract expiry the Purchasers data shall be blocked and they shall be
deleted, after the expiry of the time-limit that results from tax, legal and commercial
regulations.
If the Purchaser subscribed to a newsletter by providing their e-mail, this address
may also be used for marketing purposes exceeding the performance hereof.
At any time the Purchaser can request to receive, free-of-charge information, any or
all of their recorded personal data, without any specified reason. The Purchaser may
at any time block the recorded data, correct it, or have it deleted. Moreover, the
Purchaser shall have the right to rescind, at any time, their consent to record their
data without any reason, to the address provided in the legal notations.
The Seller shall be obliged to provide, at any time, the Purchaser with any
information that is necessary in conduction of their business.





13
Governing Law

13.1. Any disputes arising out of this Contract shall be governed by German law. The
Contract shall be performed in Stuttgart, Germany. The language of the Contract is
German.
13.2. Any disputes arising out of this Contract between the Parties shall be firstly
amicably settled through mediations in a court district having the relevant jurisdiction.
If such settlement fails, the dispute shall be resolved by a relevant court in Stuttgart,
Germany.
14
Succession Sequence and Assignment

If the Purchaser / gold owner makes any claims against the Seller concerning, for
example, the payment, provision, delivery or deposit, such claims shall not be
assigned. If the claimer is deceased, such claims shall be transferred, under the
statutory and testamentary succession, to the relevant successor, who is obliged to
legally prove his/her eligibility.
15
Written Form

Any and all agreements between the Parties and their terminations shall be made in
writing. The Parties state that no verbal agreements are made due to the contractual
relationship. Any amendments or additional agreements to this Contract shall be
made in writing. This Contract shall supersede any and all previous agreements.


16
Severability

If any provision of this Contract is void or unenforceable in whole or in part, such void
and unenforceable provision shall not affect the validity of the remaining provisions
hereof. The respective provision shall be replaced by a relevant statutory provision.
The same shall apply to any and all gaps in the law that occur in the Contract.

17
Right to Terminate the Contract

The Purchaser acknowledges that he/she is aware of the fact he/she has the
consumers right to terminate the Contract concerning the gold purchase transaction.

18
Money Laundering Declaration

Being fully aware of the criminal liability, the Purchaser states that any and all
amounts paid to the Seller come from his/her own legally earned and properly taxed
property, are not subject to any punishable acts ,or does not come from any
terroristic acts, or trade and consumption of drugs. By complying with the provisions
of the Money Laundering Act Karatbars shall reserve the right to inspect and record
the Purchasers identities in special cases.

19
Cost Report

The Purchaser declares that he/she is aware of the fact that some additional costs
may occur and he/she approves them:
- foreign exchange conversion fee under Art. 5.2,
- credit card fee under Art. 5.3,
- shipping charges under Art. 6.1, 6.2, 6.3,
- increased delivery costs under Art. 5.3.
- any possible customs duties of processing fees or local provincial taxes
and fees etc., in case of shipments to other countries under Art. 6.1,