GENERAL TERMS AND CONDITIONS
Atlevel ApS

All agreements regarding purchase of products from Atlevel ApS (hereinafter
“the Product”) entered into between Atlevel Aps (hereinafter “Atlevel ApS”) and
the customer (hereinafter “the Customer”) are subject to the following terms and
conditions. The order confirmation and these terms and conditions constitute the
entire agreement between Atlevel ApS and the Customer (hereinafter “the
Agreement”). Any amendments to the Agreement must be made in writing and
approved by both parties in order to be binding. The Customer’s terms and
conditions of purchase or other deviating agreements apply only if confirmed by
Atlevel ApS in writing.

Disputes
This Agreement is governed by Danish law. Any disputes arising out of or in
connection with this Agreement shall be settled by the District Court of

Offers
All Atlevel ApS’s offers are valid for 30 calendar days, unless otherwise
specifically stated therein. The Customer’s purchase order (which is an offer in
the legal sense), shall only become legally binding upon Atlevel ApS, when it is
confirmed by Atlevel ApS in writing. Any information about measures, volume,
prices or performance that is contained in catalogues, advertisements,
illustrations and price lists is to be understood as an example only. Such
information shall only be legally binding where this has been expressly agreed
upon. In all other cases the properties that the Products must possess pursuant
to the Agreement shall be determined solely by Atlevel ApS’s product
specifications.

Prices
All prices are stated in EUR and exclusive of VAT, unless otherwise specifically
stated between Atlevel ApS and the customer. The prices stated in the
offer/order confirmation are based on the calculation available at the time
the offer is made, or the order is confirmed. If the prices of raw materials,
labor or relevant exchange rates change significantly (by at least 3 %),
Atlevel ApS is entitled to regulate the agreed upon prices by the proportionate
additional cost. Under any such circumstances the Customer will be notified.

Terms of payment
Atlevel ApS’s terms of payment are net 8 days, unless otherwise expressly stated
in the order confirmation. If the Customer defaults on payment, Atlevel ApS is
entitled to charge interest from the relevant date at the rate of 1,5 % per month
or part of a month. In addition to, Atlevel ApS is entitled to terminate the
Agreement and any future deliveries and claim damages for such termination.
Upon delivery of large amounts of Products, partial or repeated deliveries,
Atlevel ApS is entitled to invoice such partial deliveries separately.

Reservations
In case of typing errors, incorrectly stated prices, or any other circum- stances
similar hereto, Atlevel ApS is entitled to, partially or fully, cancel the order in
question.

Delivery
All Products are delivered Ex Works, unless otherwise expressly stated in the
order confirmation. The Customer defrays all shipping, carriage and insurance
costs.
If the Customer fails to take delivery at the agreed time, Atlevel ApS is
entitled to store and insure the delivery in question at the Customer’s
expense. If the Customer’s failure to take delivery exceeds 30 days after the
agreed time, Atlevel ApS is entitled to sell the delivery in question to a third
party. The Customer is obligated to pay the differential between the agreed
price, with the addition of costs incurred, and the sales price achieved.

Transfer of risk
The risk, including the risk of deterioration, destruction, theft or for any
other reasons damage to the Product is transferred to the Customer, when
Atlevel ApS has handed over the Product for transport by an independent
carrier.
The Customer is obligated to take delivery of the Products at the date (and
time, if relevant) stated in the order confirmation. If a delivery is delayed or
cannot be made due to circumstances, for which the Customer is responsible,
the full risk is transferred to the Customer at the planned time of delivery.

Examination
Upon delivery of the Products, the Customer is obligated to inspect and examine
these immediately and within 7 days of receipt notify Atlevel ApS in writing
of any shortages or defects. Such notification must include full specification
and documentation of the claimed shortage or defect. If the Customer fails to
do so, the Customer is no longer entitled to complaint.

Force majeure/delivery by own suppliers
Atlevel ApS is not liable for any delay, loss, damage or increase in costs suffered
by the Customer under this Agreement and caused by govern- mental
restrictions, changes in customs requirements, import or export restrictions,
natural disasters, trade disputes, strikes, lockouts or any other events not
within Atlevel ApS’s control. Any such circumstances shall be considered
grounds of relief and/or exemption if their effect on the performance of the
order in question could not have been foreseen at the order confirmation date.
If Atlevel ApS proves that Atlevel ApS has not been timely supplied by its own
suppliers, even though such suppliers are selected with due care and bound by
agreements on reasonable terms, the delivery date shall be postponed for
a period of time corresponding with the delay caused by such suppliers’ failure
to deliver. If it is impossible for the suppliers to provide Atlevel ApS with the
Products, Atlevel ApS is entitled to terminate the Agreement.

Retention of title
All Products remain Atlevel ApS’s property until the purchase price has been
paid in full.

Intellectual property
The Customer may only use, market, resell or in any other way handle the
Products in a manner clearly identifying Atlevel ApS has the rightful owner of
all intellectual property rights to the Product, including patents, brands, marks,
trademarks etc. The Customer is not entitled to register any rights towards the
Products, including patents, brands, marks or trademarks etc., or to have any
other marks, brands, or trademarks registered, which may be mistaken for those
of Atlevel ApS. In any event, the Customer’s use of Atlevel ApS’s identifying
marks, brands and trademarks shall cease immediately upon the expiry of the
Agreement, regardless of the cause of such termination.
The Customer is not entitled to reverse engineer the patented shaft, which is a
component of the Product. Atlevel ApS holds all intellectual property rights
pertaining to the patented shaft. The Customer is not entitled to change, modify
or make any further developments to the pa- tented shaft, nor may the Customer
allow any third party to make such changes, modification or developments.

Complaints
The Customer is obligated to examine the Products for defects immediately upon
delivery. The Customer is obligated to notify Atlevel ApS, in writing and
without undue delay, of any complaints about incomplete or incorrect
deliveries or about defects that can be identified during the examination. Hidden
defects that cannot be identified through the ex- amination must be reported to
Atlevel ApS immediately upon discovery. If complaints or defects are not
reported to Atlevel ApS in a timely manner, the delivery shall be deemed
approved and all claims of incomplete, incorrect or defective delivery shall be
excluded.
If the Products are defective, or if they become defective within a 12-month
limitation period for claims of defect (calculated from the delivery date, but
never more than 15 months from shipment), Atlevel ApS is obligated to remedy
the defects by either making a replacement delivery or, at Atlevel ApS’s option,
carrying out repairs. These are the Customer’s only rights of complaint.
Atlevel ApS disclaims any other warranty, express or implied. The Customer is
not, in the above tense circumstances, entitled to claim compensation or other
remedies.
The Customer shall have no rights or claims for defects (i) caused by the
Customer’s or the Customer’s employees’ improper handling or excessive use
of the Product, or (ii) if the Customer or the Customer’s employees fail to
comply with the handling requirements and instructions provided by
Atlevel ApS.

Returns
The Customer is not entitled to return the Products for refunds unless
specifically agreed in writing with Atlevel ApS. The terms of return must be
agreed between the parties from time to time, however Products must always
be returned in their original, unopened packaging and may not be damaged or
deficient in any way. If returned Products do not meet these standards, the
Customer’s refund will, at Atlevel ApS’s discretion, be reduced with an amount
corresponding to the damage or deficiency in question.

Product liability
Atlevel ApS has taken out a product liability insurance. Atlevel ApS is only
liably for the Products in accordance with the Danish Act on Product Liability

Limitation of liability
Atlevel ApS is not liable to the Customer for any indirect, incidental, special or
consequential damages, including but not limited to lost profits, loss of use, loss
of production or damage to other production equipment. Atlevel ApS shall be
liable without limitation for material breaches of contract, in particular with
respect to the quality of the Products, if Atlevel ApS has acted willfully or with
gross negligence, as well as in cases where the breach of contract causes damage
to health. In all other cases where Atlevel ApS commits a material breach of
contract, Atlevel ApS’s liability for any and all claims arising out of or related to
Products, or otherwise relating to the Agreement, whether in contract, tort
(including negligence), strict product liability or otherwise shall in no event
exceed an amount equal to the preceding 365 days’ profits from
Atlevel ApS’s sales to the Customer.