General Terms and Conditions

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Version 7.0 / 12.3.2019

Innoflame Oy

General Terms and Conditions

These General Terms and Conditions shall be applicable between Innoflame Oy (“Innoflame”)

and its corporate customers (“Customer”), unless otherwise agreed separately.

1. Ordering of Products and Delivery

1.1 The Customer may place an order either by telephone, fax, e-mail, or through an

information network by means of using the market place application provided to the

Customer by Innoflame.

1.2 An order shall be deemed accepted, when a written order confirmation has been

dispatched to the Customer. The Customer shall be responsible to check that the order

confirmation corresponds to the order, and to immediately report any errors and omissions

found in the order confirmation.

1.3 The products shall be delivered to the address provided in the order confirmation. The

freight of the products shall be sub-contracted to an independent freight carrier, who shall

be liable for the freight. Innoflame is liable for product damages occurred during transport

or for delayed deliveries in accordance with section 5.3. of this agreement.

1.4 Title to the products ordered by the Customer shall be transferred to the Customer upon

effecting to Innoflame of the purchase price pertaining to the products and other costs

related to the delivery.

1.5 With regard to products customised with a trademark requested by the Client or

otherwise, Innoflame will reserve the right to exceed or remain below the ordered amount

by ten percent.

1.6 In relation to products bearing a logo requested by the Customer, or otherwise customised

in accordance with the Customer’s wishes, Innoflame reserves the right to exceed or fall

short of the quantity ordered by ten per cent.

1.7 Cancellation of an order is not possible without Innoflame’s consent, once Innoflame has

confirmed the order and commenced the execution of the order placed by the Customer.

Should Innoflame accept the cancellation of the order, the Customer shall be obligated to

reimburse Innoflame for all the expenses incurred as a result of the cancellation, including

all payments that Innoflame is obligated to effect to third parties owing to the cancellation

of the order.

2. Market Place Application

2.1 For the purposes of placing orders through an information network and the management

of products being stored on behalf of the Customer, Innoflame shall provide the Customer

with complimentary access to an electronic market place application (“Market Place

Application”).

2.2 Title to the Market Place Application is vested in Innoflame, with the Customer receiving a

temporary, non-exclusive license to use the application. The Customer shall not have the

right to copy, assign, modify, or otherwise amend the Application.

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2.3 Innoflame shall provide the Customer with a customer ID and Customer/user-specific

usernames and passwords (“Identification Tools”), which the Customer uses to sign-in into

the market place. Innoflame can provide the Customer with new Identification Tools, if

necessary.

2.4 The Customer undertakes to retain the different components of the Identification Tools

with due diligence and separately, so as to prevent them falling into the hands of third

parties. The Customer shall inform Innoflame immediately of any changes in its contact

information. The Identification Tools shall be delivered to the Customer’s contact person

by e-mail or in another separately agreed manner.

2.5 Usage of the Identification Tools corresponds to the Customer’s signature and the

Customer accepts as binding upon itself all purchases, measures, undertakings and other

expressions of will and messages made in the name of the Customer using the

Identification Tools. The Customer is liable to ensure that anyone using the Identification

Tools is authorised to act and to make binding expressions of will on behalf of the

Customer.

2.6 If the Identification Tools have fallen into the hands of a third party, or if the Customer

has reason to suspect that they might have fallen into the hands of a third party, the

Customer shall be obligated to immediately inform Innoflame thereof, in order to prevent

the unauthorized use of the services. The Customer shall be liable for any and all damage

caused by the Identification Tools falling into the hands of a third party in accordance with

clause 5.3 of this Agreement.

2.7 Innoflame shall strive to ensure that the Market Place Application remains constantly at

the Customer’s disposal. Innoflame shall not, however, be liable for any errors in the

Market Place Application or for any usage interruptions caused by up-dates, maintenance

procedures or other disruptions. Innoflame is obligated to notify the Client of any

operational interruptions.

3. Storing of Products for the Customer

The Customer has the option, if it so wishes, to store the products purchased by it in

Innoflame’s warehouse, from which the products shall be further delivered in accordance

with these terms and conditions to the instances indicated by the Customer. Unless

otherwise agreed, the Customer shall pay storage-related charges in accordance with

Innoflame’s price list.

4. Invoicing and Prices

4.1 The prices determined in price lists and offers do not include value added tax. The value

added tax valid at the time, transport costs and other charges mentioned in the price list

will be added to the prices. Payment term

is 14 days net.

4.2 If the invoice’s payment is delayed, the Client will be obligated to pay a late payment

interest of the delayed instalment in accordance with the Interest Act until the invoice has

been paid in full onto Innoflame’s bank account.

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5. Defective Deliveries and Indemnification

5.1 The Customer shall be obligated to inspect the ordered products without any undue delay

following delivery. If the delivery is inadequate or the product defective, the Client must

file a complaint about this to their appointed salesperson at Innoflame or through the

customer service (email: asiakaspalvelu@innoflame.fi) without undue delay and, at the

latest, within eight days after receiving the products.

5.2 If there is a defect in the product, Innoflame has the right, at its own discretion, to rectify

the error, make a new delivery or offer a price reduction, at the Client’s approval.

5.3 Neither Contract Party will be liable for indirect damages, such as decreased production or

turnover, lost profit or damages caused by the product to a third party. In all cases,

the liability of the Contract Parties will be limited to the sum of the purchase price.

6. Force Majeure

Neither party shall be liable for damage caused by a Force Majeure event, such as

industrial action, war, natural disaster, disruptions in general traffic or payment traffic, or

a comparable event beyond the party’s control.

7. Governing Law and Forum

These General Terms and Conditions shall be governed by the laws of Finland. Any

disputes between the parties shall be primarily settled through negotiations. In case an

amicable solution cannot be reached, any disputes shall be settled in the Helsinki district

court as the court of first instance. Innoflame shall be entitled, at its discretion, to file suit

also in the court of first instance of the Customer’s domicile.