4.

Payment

4.1. Products will only be delivered upon payment and/or following confirmation of the business
conditions previously and expressly agreed and contracted.

4.2. A deposit of 30% must be paid in advance for all orders made, except if new conditions have
been expressly stated and agreed.

4.3. All payment methods commonly used for international business transactions are accepted
(including, but not limited to: bank transfers, documentary remittances and letters of credit).

4.4. Any bank transaction that may arise from this international business, in favor of XXX, is subject
to prior approval (by XXX) and, therefore, a bank draft should be timely provided.

4.5. The transport documents of all operations where third parties guarantee the payment of
business transactions will be issued in their name, unless previously and expressly agreed.

4.6. All payments must be made in the invoiced currency. Any exchange differences resulting from
payments made in a different currency are invoiced to the client with an additional 10 % charge due
to administrative costs.

4.7. All the costs of the chosen means of payment are clients exclusive responsibility, including the
expenses incurred outside the clients country.

4.8. XXX reserves the right to accept and/or refuse eventual third parties involved in any
international business operations, taking into account the risk analysis that may be performed at any
time.

4.9. All incurred costs resulting from the receipt of any value are charged and debited to clients
current account, under the conditions specified above and below.

4.10. The eventual communication of the terms of credit (including, but not limited to: payment
deadlines and credit limits) must not be considered as permanent and XXX can change them at any
time without notice.

4.11. In case of delayed payments by the client, XXX reserves the right to request the payment of
default interest, at the annual rate legally set for commercial transactions, since the maturity date to
the effective payment date.

4.12. In the absence of designation by the client, XXX may allocate the sums paid by the client to the
clearing of previous debts that the client may have.

4.13. Any payment made by the client that does not cover the amounts that are due, will be charged
on account of, successively, collection expenses, default interest and, finally, the total amount in
debt.

4.14. In case of non-compliance with the agreed payments, the client is liable to pay XXX for all costs
and/or charges arisen from an eventual legal recovery of the debt, including the fees payable to
Barristers and/or Enforcement Agents.
4.5. payments must be paid in the currency of invoice. If there are exchange differences resulting of
payments made on a different currency it will be invoiced to the client, with an increased 10%
because of administrative costs.

4.6. costs of the clients chosen means for payment are its responsibility of same, including those
registered any expenses incurred outside the country of the client.

4.7. XXX reserves the right to accept and/or not to third parties involved in any international
business operations, taking into account the risk analysis performed at all times.

4.8. should XXX incurs costs arising of receipt of any quantity, this amount billed shall be invoiced to
the client and debited from their current account, subject to the conditions.

4.9. The subsequent communication of terms of credit (including, payment deadlines and credit
limits) must not be looked as permanent and can be changed at any time without notice by XXX.

4.10. If any fees be incurred by the client, XXX reserves the right to request the payment of failure
interest, at the rate legally set to business transactions, since the date of maturity to the effective
date for fully payment.

4.11. If a client fail to make a designation, XXX can allocate the sums paid by client to correct any
pre-existing debts the client may done.

4.12. Any payment made by the client and that does not cover the amounts that are own shall be
allocated to the account, being subject to the conditions specified along with any expenses incurring
collection, interest payable on account of not paid debts.

4.13. In case of breach the event of compliance with the agreed payments, the client shall be liable
to pay XXX for all costs and/or charges arisen from possible legal recovery of the agreed payments,
including barrister fees owed and Enforcement Agents