1. These standard terms of sale cancel and replace all other prior conditions, even if they result from existing business relationships. These conditions shall also prevail over those of the buyer or the co-contracting party, unless otherwise expressly stipulated in writing beforehand.

2. Our merchandise is shipped at the buyer's risks.

3. Delivery timeframes are provided for information purposes, even if mentioned on the order form. They cannot, under any circumstances, constitute a reason for cancelling an order or for terminating the agreement. In addition, they cannot give rise to compensation for the buyer, unless a specific deadline is expressly mentioned on the order form, in which case delivery is deemed to have taken place on the date of shipment by the seller. Under no circumstances may shipping delays give rise to a cancellation, termination or compensation

4. Any claim must be submitted within seven days following the invoice or delivery date and must always be sent by registered mail, failing which it shall be deemed null and void.

5. Any cancellations may only be deemed valid if they have been confirmed in writing by N.V. CIBO

6. Agreements with our representatives or resellers may only give rise to legal consequences if confirmed in writing by N.V. CIBO (which may take place via a specific mention on the invoice sent at a later time).

7. Invoices are payable in cash, unless otherwise expressly stipulated on the invoice. In this case, this exceptional payment timeframe shall only apply to the invoice in question and shall not apply in general in future.

8. Any payment delay shall immediately make all invoices due without the need for prior notice. In addition, we will charge fixed compensation of 10% (with a minimum of EUR 40) and a late payment interest of 12% on the invoice amount, plus any reminder or protest expenses, banking charges, etc.

9. The merchandise delivered and invoiced shall remain the property of N.V. CIBO until it has been paid in full, such that the buyer must take the necessary measures to be able to return this merchandise to N.V. CIBO at any time and at its expense. (including in the case of seizure under legal process, bankruptcy or resale). Accordingly, N.V. CIBO reserves the right to have the merchandise picked up at the buyer's expense, without legal intervention, as long as the merchandise has not been paid for in full. The pick-up expenses shall be due together with the compensation and interest. However, N.V. CIBO cannot be bound by such a pick-up requested by the buyer.

10. Any disputes shall be referred to the courts of Leuven (Belgium), specifically, to the Vredegerecht van het Eerste Kanton Justice of Peace of the First Canton), the Rechtbank van Eerste Aanleg [Court of First Instance) or the Rechtbank van Koophandel [Commercial Court), given that all agreements are deemed to be concluded and implemented at our registered office