Terms and Conditions

GENERAL TERMS AND CONDITIONS OF SALE AND WARRANTY

All orders accepted by BlueSpec/or conditions attached to the purchaser's order shall be deemed to be superseded by these General Terms and Conditions of Sale.

1. Alterations and Variations - These General Terms and Conditions of Sale shall not be altered or varied unless specifically agreed to by BlueSpec in writing.

2. Acceptance of Order – BlueSpec reserves the right of acceptance or rejection of any order.

3. Price - Prices in the pricelist may be changed at any time without prior notice. Prices confirmed by BlueSpec in a written quotation shall be valid for order placement

within 30 days and delivery within normal lead times. Unless otherwise stated in writing, prices are excluding V.A.T.

4. Delivery - Delivery is subject to the prompt receipt by BlueSpec of a technically and commercially clear order. Delivery dates are subject to confirmation by

BlueSpec. BlueSpec will make every effort to deliver on the dates promised, however, BlueSpec reserves the right to reschedule delivery dates. The

purchaser shall take delivery when the goods and / or services are available. BlueSpec reserves the right to make partial deliveries.

5. Payment - Where BlueSpec has granted the purchaser credit terms, payment is due or subject to formal written separately negotiated terms and conditions or

within 30 days of the date of invoice, without retention of any kind. Partial deliveries may be separately invoiced. Where credit terms have not been granted, payment

of deposit will vary from sixty% (60%) to eighty%

(80%) depending on the project. In some cases we might require full upfront payments on specialized custom projects.

6. Risk and Ownership - Risk in the goods shall pass to the purchaser on the goods leaving the BlueSpec premises. Ownership of the goods shall pass to the purchaser

only on full payment of the goods.

7. Goods Incorrectly Supplied – BlueSpec must be notified within seven days of receipt of any goods, which have been supplied incorrectly. Goods supplied correctly to

the purchaser's written order are not returnable except with the express written approval of BlueSpec, which will be strictly subject to a 10% administrative levy.

8. Loss Suffered – BlueSpec shall not be liable for any damages suffered by a purchaser of any product correctly supplied whether such damages are actual, incidental

or consequential.

9. Specifications – BlueSpec reserves the right to change specifications without notice due to product improvements, changes to manufacturing methods or to correct

printing errors.

10. Force Majeure – BlueSpec shall not be in default of performance of the order if delayed, hindered or prevented by Force Majeure. Force Majeure shall be any

force beyond the control of BlueSpec which could not reasonably have been foreseen and guarded against. Force Majeure includes, but is not limited to, acts

of God, strikes, lockouts, lockdowns, weather, fires, riots, civil commotion or civil unrest, interference by civil or military authorities, compliance with new or changed

regulations or orders of any government authorities and acts of war whether declared or undeclared.

11. Personal liability - Should an individual place an order on behalf of a company or close corporation, such individual shall bind himself as surety and co-principal

debtor on behalf of such company or close corporation for the due payment by the company or close corporation of the invoice price reflected should the company or

close corporation fall into default.

12. Cancellation of Order – BlueSpec reserves the right to terminate the order and not deliver any uncompleted portion of the sale if the purchaser:

(a) commits a breach of any of these General Terms and Conditions of Sale.

(b) being an individual dies or is provisionally or finally sequestered or surrenders his estate.

(d) being a company is placed under provisional or final liquidation or judicial management.

Upon termination of the order for any reason whatsoever BlueSpec shall be entitled to:

(a) full payment for goods delivered and for any goods partially manufactured or in stock which have been specially manufactured

(b) to take possession of any goods not fully paid for.

13. Warranty - The goods are subject to a Limited Warranty for 12 months. The warranty covers all repairs / replacement against all parts, inclusive of Labour costs, provided

that the product has not been tampered with or damaged as a result of abuse and / or neglect.

14. Governing Law - These General Terms and Conditions of Sale shall, in all respects, be interpreted according to the laws of the Republic of South Africa.

15. Headings - Headings in these Terms and Conditions of Sale are for convenience only and shall not be used in the thereof.