1. Scope

The General Terms and Conditions set forth below apply to all deliveries and services of VEINLAND GmbH, hereinafter referred to as VEINLAND. Even without explicit opposition by VEINLAND, Customer's terms and conditions of contract and purchase will not become part of the contract even in the case of delivery. Granting of software licenses will be subject to VEINLAND's License Agreement, which then shall apply in addition to the General Terms and Conditions.

2. Conclusion of Contract

Our offers are subject to confirmation and non-binding. All orders placed by the Customer must be in writing. Orders will be accepted by VEINLAND in writing or by delivery. Any agreements deviating from the terms and conditions set forth herein shall only be valid upon written confirmation by VEINLAND.

3. Delivery and Delay of Delivery

Any dates for delivery forwarded by VEINLAND to the Customer or agreed upon with the Customer shall be considered approximate dates only and shall only be considered as binding upon prior confirmation in writing by VEINLAND. Even if delivery dates have been previously agreed upon as binding, VEINLAND shall not be responsible for delays of delivery as a result of Force Majeure due to changes in permitting procedures or the legal situation, strike, operations breakdown, Act of God, any events relevant to or pertaining to procurement of materials, even if they occur at subcontractors of VEINLAND. In such cases, delivery periods will be tacitly extended by a reasonable period of time necessary to eliminate hindrances and their consequential effects. VEINLAND shall be entitled to partial deliveries. As far as reasonable, the Customer shall accept such partial deliveries.

Any claims for damages by the Customer due to delay of delivery are excluded, unless they were caused by intent or gross negligence on the part of VEINLAND.

4. Shipment/Passing of Risk

The goods are shipped ex stock of VEINLAND. The risk of accidental loss or accidental damages will in all cases pass to the Customer as soon as the shipping goods were handed over to the carrier. The same applies to deliveries free destination. In the event of delayed shipment for reasons for which the Customer is responsible, risk shall be transferred to the Customer at the point in time when he is informed that the goods are ready for shipment.

5. Payment Terms

All deliveries and services will be invoiced at the prices of VEINLAND ruling on the date of conclusion of the contract. Prices specified are ex stock of VEINLAND. Prices do not include packaging and shipping costs or Value Added Tax (VAT) at the prevailing rate. VEINLAND reserves the right to adjust prices to reflect market prices at any time and without prior notice. This also applies to framework call-off contracts.

If no terms of payment are specified in the order, all payments shall be due 5 days from the date of the invoice without deduction. In case of delayed payment on the part of the Customer, VEINLAND shall be entitled to charge interest on outstanding payments of at least 8 % over the prevailing rate of discount of the Deutsche Bundesbank. If the Customer fails to make payment as provided for in this Clause, all Customer's related accounts receivable of VEINLAND will be due for immediate settlement. The same applies in the event of significant deterioration of Customer's assets and of payment that the Customer suspends. VEINLAND is not obliged to accept payment by cheques or drafts. If accepted, this payment shall constitute settlement of the account.

Charges for withdrawal and discounting as well as taxes on drafts shall be for Customer's account. VEINLAND shall be entitled to require advance payment for shipments.

6. Reservation of Ownership

VEINLAND reserves ownership of all goods delivered to the Customer until final and complete payment has been made. The same applies to any future accounts receivable arising from the business relationship with the Customer. If the value of securities exceeds the value of accounts receivable to be secured by more than 20 %, reservation of ownership will be released at the Customer's request in written form which is to be determined by both parties.

The Customer is entitled to resell the goods subject to reservation of ownership complying with the rules for transactions in the ordinary course of business. The Customer may neither pledge goods subject to reservation of ownership nor assign ownership of such goods as security. VEINLAND is to be notified immediately of any dispositions by third parties, including in particular any intended pawnings and cessions, and all documents required for intervention must be submitted without delay. Exercising the rights under reservation of ownership or claiming restitution are not considered to constitute a withdrawal from the contract.

The Customer hereby already assigns to VEINLAND all accounts receivable resulting from reselling the goods subject to reservation of ownership. The Customer is entitled to collect these receivables, until VEINLAND revokes this right. On demand of VEINLAND the Customer must disclose the assigned accounts receivable and their debtors. VEINLAND is entitled to disclose the cession to the debtors of the customer.

Treatment or processing of goods delivered by VEINLAND will be carried out on behalf of VEINLAND. VEINLAND will acquire ownership to the resultant product in the amount of the current value of the goods subject to reservation of ownership at the time of treatment or processing.

In case of integration with other items that are not supplied by VEINLAND, VEINLAND shall acquire co-ownership of the new product in the proportion of the value of the goods under reservation of ownership to the other processed items at the time of processing.

In the event of delay of payment by the Customer, VEINLAND shall be entitled to collect all respective goods under reservation of ownership which are still at the Customer's disposal. The same applies in the event of significant deterioration of Customer's assets and of payment that the Customer suspends. The Customer must permit access to his premises by authorised employees of VEINLAND during office hours and without prior announcement.

7. Warranty

It is the sole responsibility of each Customer or reseller to decide, whether goods purchased from VEINLAND will run on a computer system intended for use with these goods. The warranty period is 6 months from the date of delivery to the Customer. The Customer is obliged to immediately inspect the delivered goods as to their quantity and quality upon delivery. Notice of apparent defects must be given in writing to VEINLAND within 8 days from delivery or, in case of hidden defects, upon detection. Otherwise, any claims of the Customer are excluded. In case of justified claims, VEINLAND shall replace defective products or rectify defects at VEINLAND's option within the scope of the manufacturer's warranty.

Moreover, VEINLAND shall be entitled to limit warranty to the assigment of its own warranty claims against manufacturers, suppliers and authors. Should VEINLAND fail to rectify the defects, the Customer shall set a reasonable grace period of at least 14 days for rendering performance in complete.

Warranty claims attributable to interventions in the delivered item on the part of the Customer or third parties shall be excluded. The costs for unjustified or incomplete return shipments shall be at the expense of the Customer. For such return shipments, VEINLAND, at its option, shall be entitled to either charge a fee of € 50.00 or settle this amount specifically.

8. Liability

Any claims for compensation, especially for indirect and consequential damages, against VEINLAND and its vicarious agents and employees, irrespective of the legal grounds, are excluded. This does not apply in cases of mandatory liability for damages arising from intent and gross negligence, and for the lack of guaranteed properties. However, in any case, compensation shall be limited to the amount of the order value.

9. Rules of Embargo

The Customer is aware that the products delivered by VEINLAND are partly subject to bans of export and he will commit himself to adhering to restrictions indicated by VEINLAND.

10. Cession of Claims

The customer is not permitted to assign or transfer rights and obligations arising from the contract.

11. Invalidity of a Clause

Should any of the provisions set forth in these General Terms and Conditions prove for any reason to be invalid, ineffective, or unworkable, this shall not affect the validity of the other provisions. In such cases, the invalid provision shall be replaced with a valid provision that comes as close to the economic purpose of the invalid provision as possible.

12. Place of Performance, Place of Jurisdiction, Applicable Law

The place of performance and jurisdiction is Postdam, Germany.

The laws of the Federal Republic of Germany shall apply with the exception of the Uniform Law on the International Sale of Goods and the UN Convention on Contracts for the International Sale of Goods (CISG).

The legally binding version of this License Agreement is solely the German version. Only this German version is decisive for the content of this License Agreement and the rights and duties arising from it. Versions in other languages are non-binding translations which are merely for information purposes.

13. Requirement of Written Form

Any changes to the foregoing provisions are subject to the requirement of written form.