Terms and Conditions
LIST OF DEFINITION:

-  SELLER

is the party to whom the Purchase Order is addressed.

-  BUYER

menas the party which issues a Purchase Order on whose behalf a Purchase Order is issued.

-  CALL FOR DELIVERY

means any instruction issued by Buyer to Seller specifying the required delivery quantities, place, date and (if relevant) time of delivery of Goods.

-  GOODS

means all production materials and automative components specified in the Purchase Order and includes accessories, Tooling and, where relevant, services.

-  TOOLING

means production equipment, including, but not limited to forging dies, measuring and testing equipment (e.g. gauges), models, samples, tool, devices, drawings and similiar items required for the production and examination of Goods.

-  SUPPLY CONTRACT

means any contract formed by Seller's acceptance of a Purchase Order.

-  INCOTERMS

means those trade terms published by the International Chamber of Commerce and entitled "Incoterms 2000".

-  IN WRITING OR WRITTEN

means in writing signed by the issuing party and served by any means including fax and EDI.

-  INTELLECTUAL PROPERTY RIGHTS

means patents, design rights, copyrights, trademarks and service marks (whether registered or not and applications for any of the foregoing, know-how, and rights of a like nature, throughout the world.)

-  EDI

means Electronic Data Interchande, i.e. the transmission of data via electronic communication links between the parties or other manchine-readable date media.