Art. 2 Prices
Sub 1. B delivers ex works. All prices are ex works, excluding transportation cost, excluding
duties and importcharges and excluding bankcharges (A's) for standard products in standard
package (carton box). Bank cost, if any are for A.
Sub 2. Full payment has to be settled before shipment to A, also in case B delivers the products
direct to or by the enduser. The ownership of the products remains by B until the full payment is
settled. A must pay cash by telegraphic money transfer.
Sub 3. B preserves the right, at any time, to increase, to decrease or to change the prices and
discounts in any other way. In case, after A has received the order confirmation, one or more
cost price components increase B is entitled to change the extra cost to A.
Sub 4. The prices (can) change every New Year (January 1 st), and/or raw material costs
increase >5%.