TREMS AND CONDITIONS We are doing business with overseas companies upon Credit, Advance and LC.  Our quotations are always without obligation. Agreement and arrangement made orally or by telephone with our representatives become legally valid only if approved in writing by us.  If no specifications regarding packaging are made in the order, we shall choose the standard packaging at our discretion. The goods shall always, regardless of route and transportation means, be shipped to the place of destination at the risk of the purchaser. Traffic duties, if not accruing to us in the case of freight paid FOB and CIF deliveries, shall be borne by the purchaser unless, due to statutory regulations, the seller must bear traffic duties alone. We shall assume obligation neither for punctual transport nor for full utilization of the capacity of the means of transport. If upon completion of a transaction no other conditions of payment have been stipulated in writing, our invoices shall be payable net after 30 days. Should we subsequently learn of adverse circumstances regarding the credit standing of a purchaser, we shall be entitled to cancel the contract even after partial fulfillment or to defer our performances until consideration be executed or security be provided for such consideration. Should the described circumstances arise for the purchaser or acceptors during the currency of a checque or bill of exchange, we shall be entitled to return the cheque or bill of exchange at any point in time. In such case, we shall also be entitled to demand immediate payment in cash of deferred accounts receivable. Seizures or any other risk to our ownership shall be reported to us immediately. Complaints, even if valid, shall not entitle the purchaser to delay payment or to change the conditions of payment.