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Terms of sales Lockout-tagout-shop.com (a trade name of Unique Safety Products V.o.F. (V1.0 -7/8/12)

Filed with the Chamber of Commerce in Rotterdam (NL) under number 50556754

1. General

1. In terms of sales of Lockout-tagout-shop - Hereinafterreferred to as LTS – the following definitions shall apply:"Client" means any natural or legal person, who orders LTS products and services or to whom USP offers relevant products and services. "Products" means any goods and / or services that are the subject of an agreement and any results of services provided by LTS, including but not limited to acceptance of work, delivery of goods, advice etc. "Contract" any obligation by LTS regarding the supply ofproducts.

2. These conditions apply to all offers of LTS, all orders by LTS and to all agreements concluded with LTS on all work performed, unless expressly agreed otherwise in writing. Any reference to its own terms or conditions of third parties that the apparent purpose or may by the client no matter the stage of development or implementation of agreements with LTS is emphatically rejected. In the case of a conflict with written purchase, procurement, or other conditions of the customer, these general conditions of LTS prevail, except if and insofar as conditions of the client, as aforementioned, by LTS confirmed in writing.

3. Client hereby accepts the applicability of these terms with respect to all future agreements to be concluded between the client and LTS including all products or services by LTS.

2. Offers, conclusion of agreements

1. All offers are without engagement and subject to change, unless expressly agreed otherwise stated by LTS.

2. A contract is only concluded if and when LTS accepts an assignment in writing or when by LTS the implementation is begun. LTS reserves the right to only accept order above a certain minimum amount.

3. The client must report any changes in the execution of a granted order swiftly and in writing to LTS. LTS is entitled to add additional cost for changes in the execution of the contract to the account of the client.

4. Subject to the provisions of this article, all LTS advice, calculations, notifications and statements regarding capacities, results and / or anticipated performance by LTS are binding only if and to the extent that such data are included in the written confirmation of LTS, or are part of any client separately concluded between LTS and further written agreement expressly deviating from these terms and conditions.

3. Delivery

1. Delivery takes place Ex warehouse, unless otherwise agreed.

2. In all other cases, the goods travel at the risk of the client.

4. Delivery time

1. Except in cases otherwise expressly agreed by LTS specified or agreed (on) delivery time without obligation and are only an indication. Expirations of this do not conclude into legally default. LTS tries as much as possible to deliver within the time specified or agreed (on). Except for intent or gross negligence, exceeding the delivery time client has no right to claim damages, to the refusal of the product, not to fulfill or suspension by it of any of the contract obligation arising, whether in whole or partial termination of the agreement.

2. Only when delivery exceeds expressly agreed in writing delivery times by LTS will give the client the right to claim damages which are fixed in advance and where this has been expressly agreed in writing. Such compensation shall not exceed the agreed price for the delayed work.

3. The client is entitled to cancel the Agreement for the unexecuted portion, if the work is not performed within a by client after the aforementioned late writing been promised reasonable period of at least 14 days is executed. In case of such termination does client permanently waive any claim for damages the liquidated damages including in Article 3.2 mentioned terms and conditions.

4. The by client agreed delivery time shall be extended by the time the performance is delayed by force majeure, regardless of whether the force majeure circumstances, take place before or after the execution should have been completed. The delivery time is also extended by the time that the client is later with any payment or performance of any other obligation than agreed or what by LTS could reasonably be expected, regardless of whether the client is in default without further notice.

5. Pricing

1. The prices quoted by LTS are based on the on time of the offer valid exchange rates, tariffs and other price determining factors. If, after the date of conclusion of the agreement in accordance with Article 2, one or more of the price determining factors change, before the order has been executed, LTS reserves the right to modify its prices accordingly. These changes can include: increasing freight, import and export duties and other taxes, increase in prices of raw materials and energy, exchange rates, including the transition to the Euro. Exchange differences on the day of delivery of 3% or less relative to the currency exchange on the date of the offer are not settled. For larger differences are total off occurs by LTS.

2. All prices exclude taxes, freight, handling costs, charges or surcharges of (semi-) government, including but not limited to VAT, environmental taxes, charges related to the reproduction / disclosure of copyright protected works, as well as any copper or other metal surcharges.

6. Ownershop and retention

1. As security for payment of the amount due, the ownership of LTS products delivered transfers to the client, if and when the client settles the amount due to LTS in connection with the underlying agreement including any interest and costs and, where the law allows, in connection with other agreements with LTS.

2. LTS is entitled to retain business that LTS on any account whatsoever of the client has or will get, until the amount due by client is received to satisfaction of, or until the customer has provided sufficient security therefor. This lien is also applicable in case the client is granted a moratorium or when the client is in a state of bankruptcy.

7. Ownership of client

1. Concerning the storage, the use and handling and processing of matters provided by the client. LTS shall use the same care as to its own assets.

2. The risk for the client to LTS items made available at all times, however, rests with the client.

8. Intellectual property

1. The client guarantees that implementation of LTS instructions given by him do not conflict with third parties' intellectual property rights.

2. The copyright and any other intellectual rights by LTS designed or realized sketches, drawings, photographs, models etc. LTS remains at rest, unless expressly agreed otherwise in writing.

9. Invoicing, payment

1. LTS is entitled to any partial delivery, which also includes the delivery of components of a composite order, to be billed separately. LTS is also entitled to jobs that require a long processing time to invoice in installments, provided that in such case LTS discusses with the client in advance about the terms and maturities.

2. All payments must be made in the currency specified by LTS, at the offices of LTS or a bank account designated to LTS. Payments must be made within the time listed on the invoice, or within 30 days after the invoice date, unless otherwise agreed in writing. LTS is and remains at all times entitled to require a payment of its deliverables prior to delivery in order to secure the completion of an order in case if such security is not or cannot be given.

3. If the amount owed by the client is not according to the foregoing, the client shall be in default. Once the client is in default, the amount owed by the client is subjected to an interest of 1% of the invoice amount for each month or part of a month, which the due date is exceeded, without prejudice to LTS other rights, including the right to the purchaser all the recovery related costs, both judicial andextrajudicial collection costs, including also the cost of the LTS with respect to the recovery charge of third parties, such as lawyers and attorneys, bailiffs and / or debt collection agencies, to stories.

4. The client is not entitled to any deduction, or settlement with any alleged receivables on LTS. If the client still claims performances of LTS regarding the contract, over the delivery or performance of the contract, in whatever form, this will not relieve the client of the obligation to pay the agreed time and in the agreed manner and is not entitled to suspend its payment.

5. In case of default, the client is obliged extrajudicial collection costs. These are considered at least 15% of the outstanding amount amounts.

10. Force majeure

1. LTS will notify the client as soon as possible of a force majeure situation.

2. Force majeure is understood to mean: any of the intention of LTS independent circumstance, thus fulfilling obligations to buyer in whole or in part, temporarily or not, prevented or prevents the fulfillment of obligations not reasonably from LTS may be required, regardless or circumstance at the time of conclusion of the agreement was such as, but not limited to, governmental action, fire, accidents, labor unrest, seizure, defects and malfunctions on / in machines, installations and/or (embedded). software (electronic) data and the full or partial default of suppliers.

3. Performance in one or more cases during conditions as specified in the preceding paragraph, shall not affect the right to, in other cases the right to suspend or terminate the agreement.

11. Termination

1. In case of default, receivership, the under administration of any asset, applying for suspension of payments, bankruptcy, cessation of business or death of the client and, if the customer is a legal person, including in the event of dissolution or liquidation of the entity or change of control of the company driven by such person, is entitled to LTS execution of the agreement with the client to suspend or to terminate the contract without prior notice by a written statement fully or partially dissolve and properties of LTS to withdraw, without prejudice to the right to compensation.

2. If an event occurs as described in the previous paragraph, all claims of LTS on the client are immediately and payable in full.

3. If compliance by LTS of one or more of its obligations in relation to force majeure cannot reasonably be expected of LTS, LTS has the right to cancel the contract without judicial intervention by registered letter in whole or in part or to suspend the execution thereof wholly or partially suspend, without any compensation being due.

4. Client is authorized to rescind only in the cases provided for in Article 4 of these conditions and then only after payment of all payable performances of LTS at that time.

12. Warranty

1. Upon delivery all liability of LTS ends, unless LTS is liable under this article and under mandatory law.

2. Complaints on directly observable defects should be submitted in writing to LTS within 14 days after delivery of the product. If the complaint is justified by LTS, LTS will take all reasonable efforts to resolve the defect. The obligation of LTS thereby never exceeds any obligation which
transcends the product.

3. For other possible defects LTS is only responsible when the buyer proves that these are caused by either a defective construction, have a poor finish or the use of unsuitable materials in the manufacture of the goods. If in such case the buyer complains within a reasonable time LTS will take all reasonable efforts to communicate the desire to resolve the defects. The obligation of LTS thereby never exceeds any obligation which transcends the product.

4. If the product consists of goods part manufactured by third parties, the warranty LTS does not go beyond that which the suppliers of LTS is guaranteed.

5. The client has no right to warranty if LTS supplies in accordance with the confirmed or quoted materials used. If the client has used the goods for a purpose other than for which they clearly intended, either (oth
erwise) has carelessly handled and if there is normal wear and tear the is no right to warranty.

6. After the expiration of one (1) year after delivery of the products, the client can no longer make a claim. LTS hast from that moment no liability or obligation.

13. indemnification

1. Compliance with the above commitment is the only obligation of LTS to the client in the event of defective performance, non-performance, hidden defects, mistake or tort. For example and in particular is excluded any other claim of the client for direct or indirect damages howsoever caused even by his own fault or negligence of staff LTS - with the exception of intent, conditional intent or deliberate adjacent recklessness or gross negligence of the part of the directors of LTS personally - and any claim by the client for annulment or rescission of the contract. The client will not LTS responsible and LTS will not accept claims by third parties for acts or omissions of LTS or its personnel in connection with the execution of the agreement and / or because of faulty (on) delivery, except in cases of intent or gross negligence.

2. The provisions of this article is stipulated for the benefit of employees of LTS and others, which take part during assembly and / or manufacturing of goods and / or in the execution of an agreement.

14. Governing law, jurisdiction

1. On all offers, acknowledgements, and agreements with LTS the client Dutch applies.

15. Authentic version

1. The authentic version of these terms and conditions is considered the version written in the Dutch language.