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APPENDIX 1

Terms and conditions for the sale of goods

DAYCO EUROPE SRL - UK

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
www.dayco.com
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1 Definitions and interpretation

1.1 In these Conditions the following definitions apply:
Affiliate
means any entity that directly or indirectly Controls, is Controlled by or is under common Control
with, another entity;
Bribery Laws
means the Bribery Act 2010 and associated guidance published by the Secretary of State for
Justice under the Bribery Act 2010 and all other applicable UK legislation, statutory instruments
and regulations in relation to bribery or corruption and any similar or equivalent legislation in
any other relevant jurisdiction;
Business Day
means a day other than a Saturday, Sunday or bank or public holiday when banks generally are
open for non-automated business in England;
Conditions
means the Supplier’s terms and conditions of sale set out in this document;
Confidential
means any commercial, financial or technical information, information relating to the Goods,
Information
plans, insert details of any specific confidential information, know-how or trade secrets which is
obviously confidential or has been identified as such, or which is developed by a party in
performing its obligations under, or otherwise pursuant to the Contract;
Contract
means the agreement between the Supplier and the Customer for the sale and purchase of
Goods incorporating these Conditions and the Order;
Control
means the beneficial ownership of more than 50% of the issued share capital of a company or
the legal power to direct or cause the direction of the management of the company;
Customer
means the person who purchases the Goods from the Supplier and whose details are set out in
the Order;
Force Majeure
means an event or sequence of events beyond a party's reasonable control (after exercise of
reasonable care to put in place robust back-up and disaster recovery arrangements) preventing
or delaying it from performing its obligations under the Contract including an act of God, fire,
flood, lightning, earthquake or other natural disaster; war, riot or civil unrest; interruption or
failure of supplies of power, fuel, water, transport, equipment or telecommunications service; or
material required for performance of the Contract; strike, lockout or boycott or other industrial
action including strikes or other industrial disputes involving the Supplier’s or its suppliers
workforce, but excluding the Customer’s inability to pay or circumstances resulting in the
Customer’s inability to pay;
Goods
means the goods and related accessories, spare parts and documentation and other physical
material set out in the Order and to be supplied by the Supplier to the Customer;
Intellectual
means copyright, patents, know-how, trade secrets, trade marks, trade names, design rights,
Property Rights
rights in get-up, rights in goodwill, rights in confidential information, rights to sue for passing off,
domain names and all similar rights and, in each case:
(a) whether registered or not
(b) including any applications to protect or register such rights
(c) including all renewals and extensions of such rights or applications
(d) whether vested, contingent or future

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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(e) to which the relevant party is or may be entitled, and

(f) in whichever part of the world existing;
Location
means the address(es) for delivery of the Goods as set out in the Order;
Order
means an order for the Goods from the Supplier placed by the Customer in substantially the
same form set out in the Supplier’s sales order form;
Price
has the meaning given in clause 3.1;
Specification
means the description, any samples, or specification of the Goods and their packaging set out or
referred to in the Order;
Supplier
means Dayco Europe SRL, 45, Via Papa Leone XIII, 66013 Chieti Scalo (CH) Italy;
VAT
means value added tax under the Value Added Taxes Act 1994 or any other similar sale or fiscal
tax applying to the sale of the Goods.

1.2 In these Conditions, unless the context requires otherwise:

1.2.1 any clause, schedule or other headings in these Conditions is included for convenience only and shall
have no effect on the interpretation of the Conditions;
1.2.2 a reference to a ‘party’ includes that party’s personal representatives, successors and permitted
assigns;
1.2.3 a reference to a ‘person’ includes a natural person, corporate or unincorporated body (in each case
whether or not having separate legal personality) and that person’s personal representatives,
successors and permitted assigns;
1.2.4 a reference to a ’company’ includes any company, corporation or other body corporate, wherever
and however incorporated or established;
1.2.5 a reference to a gender includes each other gender;
1.2.6 words in the singular include the plural and vice versa;
1.2.7 any words that follow 'include', 'includes', 'including', ‘in particular’ or any similar words and
expressions shall be construed as illustrative only and shall not limit the sense of any word, phrase,
term, definition or description preceding those words;
1.2.8 a reference to ‘writing’ or ‘written’ includes any method of reproducing words in a legible and non-
transitory form (excluding email)
1.2.9 a reference to legislation is a reference to that legislation as in force at the date of the Contract; and
1.2.10 a reference to legislation includes all subordinate legislation made as at the date of the Contract OR
from time to time under that legislation.
2 Application of these Conditions
2.1 These Conditions apply to and form part of the Contract between the Supplier and the Customer. They
supersede any previously issued terms and conditions of purchase or supply.
2.2 No terms or conditions endorsed on, delivered with, or contained in the Customer's purchase conditions,
order, confirmation of order, specification or other document shall form part of the Contract except to the
extent that the Supplier otherwise agrees in writing.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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2.3 No variation of these Conditions or to an Order or to the Contract shall be binding unless expressly agreed in
writing and executed by a duly authorised signatory on behalf of the Supplier.
2.4 Each Order by the Customer to the Supplier shall be an offer to purchase Goods subject to these Conditions.
2.5 An Order may be withdrawn or amended by the Customer at any time before acceptance by the Supplier. If
the Supplier is unable to accept an Order, it shall notify the Customer as soon as reasonably practicable.
2.6 The offer constituted by an Order shall remain in effect and capable of being accepted by the Supplier until
withdrawn by the Customer giving notice to the Supplier after the expiry of 10 Business Days from the date
on which the Customer submitted the Order.
2.7 The Supplier may accept or reject an Order at its discretion. An Order shall not be accepted, and no binding
obligation to supply any Goods shall arise, until the earlier of:
2.7.1 the Supplier’s written acceptance of the Order; or
2.7.2 the Supplier dispatching the Goods or notifying the Customer that they are available for collection
(as the case may be).
2.8 Rejection by the Supplier of an Order, including any communication that may accompany such rejection, shall
not constitute a counter-offer capable of acceptance by the Customer.
2.9 The Supplier may issue quotations to the Customer from time to time. Quotations are invitations to treat
only. They are not an offer to supply Goods and are incapable of being accepted by the Customer.
2.10 Marketing and other promotional material relating to the Goods are illustrative only and do not form part of
the Contract.
3 Price
3.1 The price for the Goods shall be as set out in the Order or, in default of such provision, shall be calculated in
accordance with the Supplier's scale of charges in force from time to time (Price).
3.2 The Prices are exclusive of:
3.2.1 packaging, delivery, and insurance which shall be charged in addition at the Supplier’s standard
rates, and
3.2.2 VAT (or equivalent sales tax).
3.3 The Customer shall pay any applicable VAT to the Supplier on receipt of a valid VAT invoice.
3.4 The Supplier may increase the Prices at any time by giving the Customer not less than 15 Business Days’
notice in writing.
3.5 Notwithstanding clause 3.4, the Supplier may increase the Prices with immediate effect by written notice to
the Customer where there is an increase in the direct cost to the Supplier of supplying the relevant Goods
which is due to any factor beyond the control of the Supplier.
4 Payment
4.1 The Supplier shall invoice the Customer for the Goods at any time after Delivery.
4.2 The Customer shall pay all invoices:
4.2.1 in full without deduction or set-off, in cleared funds following the payment condition of each
invoice; and
4.2.2 to the bank account nominated by the Supplier.
4.3 Time of payment is of the essence. Where sums due under these Conditions are not paid in full by the due
date:

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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4.3.1 the Supplier may, without limiting its other rights, charge interest on such sums at 3% a year above
the base rate of National Westminster Bank PLC from time to time in force, and
4.3.2 interest shall accrue on a daily basis, and apply from the due date for payment until actual payment
in full, whether before or after judgment.
5 Credit limit
The Supplier may set and vary credit limits from time to time and withhold all further supplies if the
Customer exceeds such credit limit.
6 Delivery
6.1 An Order shall specify whether the Goods are to be:
6.1.1 delivered by the Supplier, or by a carrier appointed by the Supplier, to the Location on the date(s)
specified in the Order; or
6.1.2 made available for collection by the Customer at the Supplier's, or carrier's, premises set out in the
Order (as the case may be). The Customer shall collect the Goods within the period specified in the
Order.
6.2 The Goods shall be deemed delivered:
6.2.1 if delivered by the Supplier under clause 6.1.1, on arrival of the Goods at the Location; or
6.2.2 if delivered by a carrier under clause 6.1.1, on delivery of the Goods by the Supplier to the carrier; or
6.2.3 if collected by the Customer under clause 6.1.2, when the Supplier makes the Goods available for
collection at the Supplier's, or carrier's, premises (as the case may be).
6.3 The Customer shall not be entitled to reject any delivery of Goods on the basis that an incorrect volume of
Goods has been supplied provided the volumes are within the tolerances (if any) set out in the Order.
6.4 The Goods may be delivered by instalments. Any delay in delivery or defect in an instalment shall not entitle
the Customer to cancel any other instalment.
6.5 Delivery of the Goods shall be accompanied by a delivery note stating:
6.5.1 the date of the Order;
6.5.2 the product numbers, type and quantity of Goods in the consignment; and
6.5.3 any special handling instructions.
6.6 Time of delivery is not of the essence. The Supplier shall use its reasonable endeavours to meet delivery
dates but such dates are approximate only.
6.7 Unless the parties agree otherwise, packaging material is to be promptly returned to the Supplier at the
Customer’s expense.
6.8 The Supplier shall not be liable for any delay in or failure of delivery caused by:
6.8.1 the Customer's failure to: (i) make the Location available, (ii) prepare the Location in accordance
with the Supplier's instructions or (iii) provide the Supplier with adequate instructions for delivery or
otherwise relating to the Goods;
6.8.2 the Customer's failure to collect the Goods from the Supplier's premises; or
6.8.3 Force Majeure.
6.9 If the Customer fails to accept delivery of the Goods the Supplier shall store and insure the Goods pending
delivery, and the Customer shall pay all costs and expenses incurred by the Supplier in doing so.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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6.10 If 10 Business Days following the due date for delivery or collection of the Goods, the Customer has not taken
delivery of or collected them, the Supplier may resell or otherwise dispose of the Goods. The Supplier shall:
6.10.1 deduct all costs and expenses suffered including the cost of resale; and
6.10.2 account to the Customer for any excess of the resale price over, or invoice the Customer for any
shortfall of the resale price below, the Price paid by the Customer for the Goods.
7 Risk
Risk in the Goods shall pass to the Customer on Delivery.
8 Title
8.1 Title to the Goods shall pass to the Customer once the Supplier has received payment in full and cleared
funds for the Goods.
8.2 Until title to the Goods has passed to the Customer, the Customer shall:
8.2.1 hold the Goods as bailee for the Supplier;
8.2.2 store the Goods separately from all other material in the Customer's possession;
8.2.3 take all reasonable care of the Goods and keep them in the condition in which they were delivered;
8.2.4 insure the Goods from the date of Delivery: (i) with a reputable insurer (ii) against all risks (iii) for an
amount at least equal to their Price (iv) noting the Supplier's interest on the policy;
8.2.5 ensure that the Goods are clearly identifiable as belonging to the Supplier;
8.2.6 not remove or alter any mark on or packaging of the Goods;
8.2.7 inform the Supplier immediately if it becomes subject to any of the events or circumstances set out
in clauses 16.1.1 to 16.1.4 or 16.2.1 to 16.2.11; and
8.2.8 on reasonable notice permit the Supplier to inspect the Goods during the Customer’s normal
business hours and provide the Supplier with such information concerning the Goods as the Supplier
may request from time to time.
8.3 Notwithstanding clause 8.2, the Customer may use or resell the Goods in the ordinary course of its business
until such time as it becomes aware or ought reasonably to have become aware that an event specified in
clauses 16.1.1 to 16.1.4 or 16.2.1 to 16.2.11 has occurred or is likely to occur.
8.4 If the Customer resells the Goods in accordance with clause 8.3, title to the Goods shall pass to the Customer
immediately prior to the resale.
8.5 If, at any time before title to the Goods has passed to the Customer, the Customer informs the Supplier, or
the Supplier reasonably believes, that the Customer has or is likely to become subject to any of the events
specified in clauses 16.1.1 to 16.1.4 or 16.2.1 to 16.2.11, the Supplier may:
8.5.1 require the Customer at the Customer's expense to re-deliver the Goods to the Supplier; and
8.5.2 if the Customer fails to do so promptly, enter any premises where the Goods are stored and
repossess them.
9 Warranty
9.1 The Supplier warrants that the Goods shall, for a period of two years starting from their installation (the
Warranty Period):
9.1.1 conform in all material respects to the Order and Specification;
9.1.2 be free from material defects in design, material and workmanship; and
9.1.3 be of satisfactory quality within the meaning of the Sale of Goods Act 1979.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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9.2 The Customer warrants that it has provided the Supplier with all relevant, full and accurate information as to
the Customer’s business and needs.
9.3 The Supplier shall, at its option, repair, replace, or refund the Price of, any Goods that do not comply with
clause 9.1, provided that the Customer:
9.3.1 serves a written notice on Supplier:
(a) during the Warranty Period in the case of defects discoverable by a physical inspection; or
(b) in the case of latent defects, within one month from the date on which Customer became
aware (or should reasonably have become aware) of the defect;
9.3.2 provides the Supplier with sufficient information as to the nature and extent of the defects and the
uses to which the Goods had been put prior to the defect arising;
9.3.3 gives the Supplier a reasonable opportunity to examine the defective Goods; and
9.3.4 returns the defective Goods to the Supplier at the Customer's expense.
9.4 The provisions of these Conditions, including the warranties set out in clause 9.1, shall apply to any Goods
that are repaired or replaced with effect from Delivery of the repaired or replaced Goods.
9.5 The Supplier shall not be liable for any failure of the Goods to comply with clause 9.1:
9.5.1 where such failure arises by reason of wear and tear, wilful damage, negligence, or could be
expected to arise in the normal course of use of the Goods;
9.5.2 to the extent caused by the Customer's failure to comply with the Supplier's instructions in relation
to the Goods, including any instructions on installation, operation, storage or maintenance;
9.5.3 to the extent caused by the Supplier following any specification or requirement of the Customer in
relation to the Goods;
9.5.4 where the Customer modifies any Goods without the Supplier's prior written consent or, having
received such consent, not in accordance with the Supplier’s instructions; or
9.5.5 where the Customer uses any of the Goods after notifying the Supplier that they do not comply with
clause 9.1.
9.6 Except as set out in this clause 9:
9.6.1 the Supplier gives no warranties and makes no representations in relation to the Goods; and
9.6.2 shall have no liability for their failure to comply with the warranty in clause 9.1,
and all warranties and conditions (including the conditions implied by ss 13–15 of the Sale of Goods Act 1979),
whether express or implied by statute, common law or otherwise are excluded to the extent permitted by law.
10 Anti-bribery
10.1 For the purposes of this clause 10 the expressions 'adequate procedures' and 'associated with' shall be
construed in accordance with the Bribery Act 2010 and legislation or guidance published under it.
10.2 Each party shall comply with applicable Bribery Laws including ensuring that it has in place adequate
procedures to prevent bribery and use all reasonable endeavours to ensure that:
10.2.1 all of that party’s personnel;
10.2.2 all others associated with that party; and
10.2.3 all of that party’s subcontractors;
involved in performing the Contract so comply.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
www.dayco.com
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10.3 Without limitation to clause 10.2, neither party shall make or receive any bribe (as defined in the Bribery Act
2010) or other improper payment or allow any such to be made or received on its behalf, either in the United
Kingdom or elsewhere and shall implement and maintain adequate procedures to ensure that such bribes or
payments are not made or received directly or indirectly on its behalf.
10.4 Each party shall immediately notify the other as soon as it becomes aware of a breach or possible breach of
any of the requirements in this clause 10.
11 Indemnity and insurance
11.1 The Customer shall indemnify the Supplier from and against any losses, damages, liability, costs (including
legal fees) and expenses which the Supplier may suffer or incur directly or indirectly from the Customer’s
breach of any of its obligations under the Contract.
11.2 The Customer shall have in place contracts of insurance with reputable insurers incorporated in the United
Kingdom to cover its obligations under the Contract. On request, the Customer shall supply so far as is
reasonable evidence of the maintenance of the insurance and all of its terms from time to time applicable.
12 Limitation of liability
12.1 The extent of the parties’ liability under or in connection with the Contract (regardless of whether such
liability arises in tort, contract or in any other way and whether or not caused by negligence or
misrepresentation) shall be as set out in this clause 12.
12.2 Subject to clauses 12.5 and 12.6, the Supplier’s total liability shall not exceed a sum equal to twice the value
of the specific Goods which actually give rise to the liability.
12.3 Subject to clauses 12.5 and 12.6, the Supplier shall not be liable for consequential, indirect or special losses.
12.4 Subject to clauses 12.5 and 12.6, the Supplier shall not be liable for any of the following (whether direct or
indirect):
12.4.1 loss of profit;
12.4.2 loss of data;
12.4.3 loss of use;
12.4.4 loss of production;
12.4.5 loss of contract;
12.4.6 loss of opportunity;
12.4.7 loss of savings, discount or rebate (whether actual or anticipated);
12.4.8 harm to reputation or loss of goodwill.
12.5 The limitations of liability set out in clauses 12.2 to 12.4 shall not apply in respect of any indemnities given by
either party under the Contract.
12.6 Notwithstanding any other provision of the Contract, the liability of the parties shall not be limited in any way
in respect of the following:
12.6.1 death or personal injury caused by negligence;
12.6.2 fraud or fraudulent misrepresentation;
12.6.3 any other losses which cannot be excluded or limited by applicable law;
12.6.4 any losses caused by wilful misconduct.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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13 Intellectual property
13.1 The Supplier shall indemnify the Customer from and against any losses, damages, liability, costs and expenses
(including reasonable professional fees) incurred by it as a result of any action, demand or claim that use or
possession of the Goods infringes the Intellectual Property Rights of any third party (IPR Claim), provided that
the Supplier shall have no such liability if the Customer:
13.1.1 does not notify the Supplier in writing setting out full details of any IPR Claim of which it has notice
as soon as is reasonably possible;
13.1.2 makes any admission of liability or agrees any settlement or compromise of the relevant IPR Claim
without the prior written consent of the Supplier;
13.1.3 does not let the Supplier at its request and own expense have the conduct of or settle all
negotiations and litigation arising from the IPR Claim at its sole discretion;
13.1.4 does not take all reasonable steps to minimise the losses that may be incurred by it or by any third
party as a result of the IPR Claim;
13.1.5 does not, at the Supplier's request, provide the Supplier with all reasonable assistance in relation to
the IPR Claim (at the Customer’s expense) including the provision of prompt access to any relevant
premises, officers, employees, contractors or agents of the Customer.
13.2 If any IPR Claim is made or is reasonably likely to be made, the Supplier may at its option:
13.2.1 procure for the Customer the right to continue using and possessing the relevant Goods; or
13.2.2 modify or replace the infringing part of the Goods so as to avoid the infringement or alleged
infringement, provided the Goods remain in material conformance to their Specification.
13.3 The Supplier's obligations under clause 13.1 shall not apply to Goods modified or used by the Customer other
than in accordance with the Contract or the Supplier’s instructions. The Customer shall indemnify the
Supplier against all losses, damages, liability, costs and expenses (including reasonable legal fees) incurred by
the Supplier in connection with any claim arising from such modification or use.
14 Confidentiality and announcements
14.1 The Customer shall keep confidential all Confidential Information of the Supplier and of any Affiliate of the
Supplier and shall only use the same as required to perform the Contract. The provisions of this clause shall
not apply to:
14.1.1 any information which was in the public domain at the date of the Contract;
14.1.2 any information which comes into the public domain subsequently other than as a consequence of
any breach of the Contract or any related agreement;
14.1.3 any information which is independently developed by the Customer without using information
supplied by the Supplier or by any Affiliate of the Supplier; or
14.1.4 any disclosure required by law or a regulatory authority or otherwise by the provisions of the
Contract.
14.2 This clause 14 shall remain in force in perpetuity.
14.3 The Customer shall not make any public announcement or disclose any information regarding the Contract,
except to the extent required by law or regulatory authority.
15 Force Majeure
15.1 A party shall not be liable if delayed in or prevented from performing its obligations due to Force Majeure,
provided that it:
15.1.1 promptly notifies the other of the Force Majeure event and its expected duration; and

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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15.1.2 uses best endeavours to minimise the effects of that event.

15.2 If, due to Force Majeure, a party:
15.2.1 is or shall be unable to perform a material obligation; or
15.2.2 is delayed in or prevented from performing its obligations for a total of more than 30 days in any
consecutive period of 60days.
the parties shall, within 30 days, renegotiate the Contract to achieve, as nearly as possible, the original commercial
intent.
16 Termination
16.1 The Supplier may terminate the Contract at any time by giving notice in writing to the Customer if:
16.1.1 the Customer commits a material breach of the Contract and such breach is not remediable;
16.1.2 the Customer commits a material breach of the Contract which is not remedied within 14 days of
receiving written notice of such breach;
16.1.3 the Customer has failed to pay any amount due under the Contract on the due date and such
amount remains unpaid within 30 days after the Supplier has given notification that the payment is
overdue; or
16.1.4 any consent, licence or authorisation held by the Customer is revoked or modified such that the
Customer is no longer able to comply with its obligations under the Contract or receive any benefit
to which it is entitled.
16.2 The Supplier may terminate the Contract at any time by giving notice in writing to the Customer if the
Customer:
16.2.1 stops carrying on all or a significant part of its business, or indicates in any way that it intends to do
so;
16.2.2 is unable to pay its debts either within the meaning of section 123 of the Insolvency Act 1986 or if
the Supplier reasonably believes that to be the case;
16.2.3 becomes the subject of a company voluntary arrangement under the Insolvency Act 1986;
16.2.4 has a receiver, manager, administrator or administrative receiver appointed over all or any part of its
undertaking, assets or income;
16.2.5 has a resolution passed for its winding up;
16.2.6 has a petition presented to any court for its winding up or an application is made for an
administration order, or any winding-up or administration order is made against it;
16.2.7 is subject to any procedure for the taking control of its goods that is not withdrawn or discharged
within seven days of that procedure being commenced;
16.2.8 has a freezing order made against it;
16.2.9 is subject to any recovery or attempted recovery of items supplied to it by a supplier retaining title
to those items;
16.2.10 is subject to any events or circumstances analogous to those in clauses 16.2.1 to 16.2.9 in any
jurisdiction;
16.2.11 takes any steps in anticipation of, or has no realistic prospect of avoiding, any of the events or
procedures described in clauses 16.2.1 to 16.2.10 including giving notice for the convening of any
meeting of creditors, issuing an application at court or filing any notice at court, receiving any
demand for repayment of lending facilities, or passing any board resolution authorising any steps to
be taken to enter into an insolvency process.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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16.3 The Supplier may terminate the Contract any time by giving not less than four weeks’ notice in writing to the
Customer if the Customer undergoes a change of Control or if it is realistically anticipated that it shall
undergo a change of Control within two months.
16.4 The right of the Supplier to terminate the Contract pursuant to clause 16.2 shall not apply to the extent that
the relevant procedure is entered into for the purpose of amalgamation, reconstruction or merger (where
applicable) where the amalgamated, reconstructed or merged party agrees to adhere to the Contract.
16.5 If the Customer becomes aware that any event has occurred, or circumstances exist, which may entitle the
Supplier to terminate the Contract under this clause 16, it shall immediately notify the Supplier in writing.
16.6 Termination or expiry of the Contract shall not affect any accrued rights and liabilities of the Supplier at any
time up to the date of termination.
17 Dispute resolution
17.1 Any dispute arising between the parties out of or in connection with the Contract shall be dealt with in
accordance with the provisions of this clause 17.
17.2 The dispute resolution process may be initiated at any time by either party serving a notice in writing on the
other party that a dispute has arisen. The notice shall include reasonable information as to the nature of the
dispute.
17.3 The parties shall use all reasonable endeavours to reach a negotiated resolution through the following
procedures:
17.3.1 Within 7 days of service of the notice, the contract managers of the parties shall meet to discuss the
dispute and attempt to resolve it.
17.3.2 If the dispute has not been resolved within 7 days of the first meeting of the contract managers,
then the matter shall be referred to the chief executives (or persons of equivalent seniority). The
chief executives (or equivalent) shall meet within 7 days to discuss the dispute and attempt to
resolve it.
17.4 The specific format for the resolution of the dispute under clause 17.3.1 and, if necessary, clause 17.3.2 shall
be left to the reasonable discretion of the parties, but may include the preparation and submission of
statements of fact or of position.
17.5 If the dispute has not been resolved within 14 days of the first meeting of the chief executives (or equivalent)
under clause 17.3.2 then the matter may be referred to mediation in accordance with the London Court of
International Arbitration Mediation Rules.
17.6 Until the parties have completed the steps referred to in clauses 17.3 and 17.5, and have failed to resolve the
dispute, neither party shall commence formal legal proceedings or arbitration except that either party may at
any time seek urgent interim relief from the courts or emergency arbitrator relief.
18 Notices
18.1 Any notice or other communication given by a party under these Conditions shall:
18.1.1 be in writing and in English;
18.1.2 be signed by, or on behalf of, the party giving it (except for notices sent by email); and
18.1.3 be sent to the relevant party at the address set out in the Contract
18.2 Notices may be given, and are deemed received:
18.2.1 by hand: on receipt of a signature at the time of delivery;
18.2.2 by Royal Mail Recorded Signed For post: at 9.00 am on the second Business Day after posting;

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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18.2.3 by Royal Mail International Tracked & Signed OR Royal Mail International Signed post: at 9.00 am on
the fourth Business Day after posting; and
18.2.4 by fax: on receipt of a transmission report from the correct number confirming uninterrupted and
error-free transmission; and OR .
18.2.5 by email provided confirmation is sent by first class post: on receipt of a delivery OR read receipt
email from the correct address.
18.3 Any change to the contact details of a party as set out in the Contract shall be notified to the other party in
accordance with clause 18.1 and shall be effective:
18.3.1 on the date specified in the notice as being the date of such change; or
18.3.2 if no date is so specified, 10 Business Days after the notice is deemed to be received.
18.4 This clause 18 does not apply to notices given in legal proceedings or arbitration.
19 Cumulative remedies
The rights and remedies provided in the Contract for the Supplier only are cumulative and not exclusive of
any rights and remedies provided by law.
20 Time
Unless stated otherwise, time is of the essence of any date or period specified in the Contract in relation to
the Customer’s obligations only.
21 Further assurance
The Customer shall at the request of the Supplier, and at the Customer’s own cost, do all acts and execute all
documents which are necessary to give full effect to the Contract.
22 Entire agreement
22.1 The parties agree that the Contract and any documents entered into pursuant to it constitutes the entire
agreement between them and supersedes all previous agreements, understandings and arrangements
between them, whether in writing or oral in respect of its subject matter.
22.2 Each party acknowledges that it has not entered into the Contract or any documents entered into pursuant
to it in reliance on, and shall have no remedies in respect of, any representation or warranty that is not
expressly set out in the Contract or any documents entered into pursuant to it. No party shall have any claim
for innocent or negligent misrepresentation on the basis of any statement in the Contract.
22.3 Nothing in these Conditions purports to limit or exclude any liability for fraud.
23 Variation
No variation of the Contract shall be valid or effective unless it is in writing, refers to the Contract and is duly
signed or executed by, or on behalf of, the Supplier.
24 Assignment
24.1 The Customer may not assign, subcontract or encumber any right or obligation under the Contract, in whole
or in part, without the Supplier’s prior written consent.
24.2 Notwithstanding clause 24.1, the Customer may perform any of its obligations and exercise any of its rights
granted under the Contract through any Affiliate provided that it gives the Supplier prior written notice of
such subcontracting or assignment including the identity of the relevant Affiliate. The Customer
acknowledges and agrees that any act or omission of its Affiliate in relation to the Customer’s rights or
obligations under the Contract shall be deemed to be an act or omission of the Customer itself.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
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25 Set off
25.1 The Supplier shall be entitled to set-off under the Contract any liability which it has or any sums which it owes
to the Customer under the Contract or under any other contract which the Supplier has with the Customer.
25.2 The Customer shall pay all sums that it owes to the Supplier under the Contract without any set-off,
counterclaim, deduction or withholding of any kind, save as may be required by law.
26 No partnership or agency
The parties are independent persons and are not partners, principal and agent or employer and employee
and the Contract does not establish any joint venture, trust, fiduciary or other relationship between them,
other than the contractual relationship expressly provided for in it. None of the parties shall have, nor shall
represent that they have, any authority to make any commitments on the other party’s behalf.
27 Equitable relief
The Customer recognises that any breach or threatened breach of the Contract may cause the Supplier
irreparable harm for which damages may not be an adequate remedy. Accordingly, in addition to any other
remedies and damages available to the Supplier, the Customer acknowledges and agrees that the Supplier is
entitled to the remedies of specific performance, injunction and other equitable relief without proof of
special damages.
28 Severance
28.1 If any provision of the Contract (or part of any provision) is or becomes illegal, invalid or unenforceable, the
legality, validity and enforceability of any other provision of the Contract shall not be affected.
28.2 If any provision of the Contract (or part of any provision) is or becomes illegal, invalid or unenforceable but
would be legal, valid and enforceable if some part of it was deleted or modified, the provision or part-
provision in question shall apply with such deletions or modifications as may be necessary to make the
provision legal, valid and enforceable. In the event of such deletion or modification, the parties shall
negotiate in good faith in order to agree the terms of a mutually acceptable alternative provision.
29 Waiver
29.1 No failure, delay or omission by the Supplier in exercising any right, power or remedy provided by law or
under the Contract shall operate as a waiver of that right, power or remedy, nor shall it preclude or restrict
any future exercise of that or any other right, power or remedy.
29.2 No single or partial exercise of any right, power or remedy provided by law or under the Contract by the
Supplier shall prevent any future exercise of it or the exercise of any other right, power or remedy by the
Supplier.
29.3 A waiver of any term, provision, condition or breach of the Contract by the Supplier shall only be effective if
given in writing and signed by the Supplier, and then only in the instance and for the purpose for which it is
given.
30 Compliance with law
The Customer shall comply with all laws, enactments, regulations, regulatory policies, guidelines and industry
codes applicable to it and shall maintain such authorisations and all other approvals, permits and authorities
as are required from time to time to perform its obligations under or in connection with the Contract.
31 Conflicts within contract
If there is a conflict between the terms contained in the Conditions and the terms of the Order, schedules,
appendices or annexes to the Contract, the terms of the Conditions shall prevail.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
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 Page 14/14

32 Costs and expenses

The Customer shall pay its own costs and expenses incurred in connection with the negotiation, preparation,
signature and performance of the Contract (and any documents referred to in it).
33 Third party rights
33.1 Except as expressly provided for in clause 33.2, a person who is not a party to the Contract shall not have any
rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any of the provisions of the Contract.
33.2 Any Affiliate of the Supplier shall be entitled under the Contracts (Rights of Third Parties) Act 1999 to enforce
any of the provisions of the Contract. The consent of any such Affiliate is not required in order to rescind or
vary the Contract or any provision of it.
34 Governing law
The Contract and any dispute or claim arising out of, or in connection with, it, its subject matter or formation
(including non-contractual disputes or claims) shall be governed by, and construed in accordance with, the
laws of England and Wales.
35 Jurisdiction
The parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle
any dispute or claim arising out of, or in connection with, the Contract, its subject matter or formation
(including non-contractual disputes or claims).

Place Date The Purchaser

This text exclusively refers to its addressee .It contains confidential information bound by professional secrecy, and its disclosure is
forbidden by law. If you receive this text by mistake, you must be aware that it may not be read or copied. Please call the following
telephone number +39.01256741345 before destroying the document.

Dayco Europe S.r.l. con unico socio soggetta a direzione e coordinamento di Dayco LLC
Sede Legale e Amministrativa: Via Papa Leone XIII, 45 - 66100 Chieti Scalo (Ch) - Italy - Phone +39 0871 5791 Fax +39 0871 565828
Uffici: Via Forchino, 5 - 10010 Burolo (To) - Italy - Phone +39 0125 674101
Capitale Sociale E 84.000.000 i.v./REA 103604 della C.C.I.A.A. di Chieti/Part.IVA/Cod.Fisc IT00703890673
www.dayco.com