Terms of Trade

1️⃣ Scope of Application

These Terms apply to all business transactions including:

• Sale and purchase of commodities
• International trade transactions
• Procurement and sourcing services
• Logistics and shipping arrangements
• Consulting and advisory services
• Long-term supply agreements

These Terms remain in effect for all future transactions unless superseded by a new written agreement.

2️⃣ Contract Formation

Quotations & Offers:
All quotations are subject to confirmation and non-binding unless expressly stated otherwise. Offers remain valid for 14 days from the date of issue.

Order Acceptance:
Your purchase order constitutes a binding offer. We reserve the right to accept or decline within 14 business days.

Contract Execution:
The contract is formed upon our written confirmation or commencement of delivery/service provision.

5️⃣ Quality Assurance

All products meet international quality standards and specifications as agreed in the contract.

• Pre-shipment quality inspection available
• Certificates of origin and quality provided
• Compliance with EU and international standards
• Third-party testing and certification
• Product specifications documented
• Traceability throughout supply chain

Quality claims must be reported within 7 days of delivery with photographic evidence.

6️⃣ Inspection & Acceptance

Buyer’s Duty to Inspect:
Buyer must inspect goods immediately upon delivery. Any visible defects must be reported within 5 business days.

Hidden Defects:
Claims for hidden defects must be submitted within 30 days of discovery, but no later than 12 months from delivery.

Acceptance:
Goods are deemed accepted if no defect notice is received within the inspection period.

8️⃣ Limitation of Liability

We are liable for damages caused by:

• Intent or gross negligence
• Injury to life, body, or health
• Breach of essential contractual obligations
• Mandatory statutory liability (e.g., Product Liability Act)

For slight negligence, liability is limited to typical, foreseeable damages.

Liability for indirect or consequential damages is excluded unless caused by intent or gross negligence.

9️⃣ Retention of Title

We retain ownership of delivered goods until full payment of all outstanding amounts from the business relationship.

Buyer’s Obligations:

• Handle goods with care
• Insure goods at replacement value
• Notify us of any third-party claims
• Maintain goods in identifiable condition
• Not pledge or assign as security

Resale permitted in normal course of business; receivables assigned to us as security.

🔒 Confidentiality

Both parties agree to maintain confidentiality of all non-public information exchanged during the business relationship.

Confidential Information includes:

• Pricing and financial terms
• Technical specifications and designs
• Business strategies and plans
• Customer and supplier lists
• Trade secrets and proprietary information

Obligation continues for 3 years after contract termination.

©️ Intellectual Property

All intellectual property rights remain with the respective owner. No license or rights are granted except as expressly stated in writing.

Protected Rights:

• Trademarks, logos, brand names
• Patents and patent applications
• Copyrights in documents and materials
• Trade secrets and know-how
• Design rights and industrial designs

Buyer may not use our trademarks or IP without prior written consent.