Terms & Conditions of Sale

Unless stated otherwise in writing, the following terms shall apply to all transactions.

1. INTERPRETATION:

Where stated the “Supplier” means ENTO (Sales Equipment) or CBK Company, and includes its agents and servants. “Purchaser” shall mean any person, persons, firm or company to which a supply of goods is made. “Goods” shall be deemed as any items, accessories and/or services supplied by the Supplier.

2. PRICE:

Unless otherwise agreed in writing, the price charged shall be the price by the price advised to the Purchaser in the current Suppliers’ price list. This shall include any tax, excise or levy imposed by any government body in the sale, delivery or manufacture of the Goods.

3. RETENTION OF TITLE:

Title of the Goods delivered shall pass to the Purchaser only when all the monies owing under this or any other contract are paid in full to the Supplier.

(a) Until full payment of all money owing under these terms and conditions is received, the Purchaser shall store the Goods in a manner that clearly manifests the ownership of title to the Supplier.

(b) In the event of the sale of the Goods to the Purchaser’s customers notwithstanding the provisions of the Purchaser shall hold in its fiduciary capacity, a separate trust account, all proceeds of transactions between itself and its customers where the transactions have involved the use by the Purchaser of the Goods supplied by the Supplier.

(c) In the event of a default of any of these conditions of sale and/or the appointment of a formal administration, receiver, liquidator or official manager over the Purchaser, the Supplier shall be given access to enter upon the Purchaser’s premises or elsewhere take possession of and remove any Goods subject to these conditions.

4. TERMS OF PAYMENT:

Accounts are on a strict net 30-day basis. The Supplier reserves a right to vary these terms to net cash on delivery or net 7 days or other terms as agreed in writing.

(a) In the event payment is not made within 7 days of the due date, interest at the prevailing rate as prescribed by the penalty interest act of 1983, can be charged, such interest being calculated from the due date until payment in full is receipted.

5. PROPERTY RIGHTS:

In the event, Goods are manufactured and supplied to the Purchaser under the Purchaser’s specification or design, the Purchaser

(a) Warrants that there is no infringement of intellectual property rights or any rights of third parties.

(b) Shall also indemnify the Supplier in respect of any damages and costs incurred by the Supplier in relation to infringement proceedings brought by third parties.

6. WAIVER:

The rights of the Supplier shall not be impaired if the Supplier waives any breach or default by the Purchaser or delays or omits to exercise or avail itself of its rights pursuant to these terms and conditions of sale. These terms and conditions are subject to the legislation and trade practices acts prevailing in the states and territories where the sale is effected.

CBK COMPANY Pty. Ltd.

ABN: 84615227980

ACN: 615227980

33 Saintly Drive,

Truganina, Victoria 3029

Phone: (03) 9380 4944

Fax: (03) 9394 1177

E-mail: sales@cbkcompay.com.au, sales@ento.com.au

Web Site: https://cbkcompany.com.au