STANDARD TERMS AND CONDITIONS OF SALE

Payment Terms 9.1. Invoices are payable in cash by transfer to Sundo's account, unless another payment term has been agreed in writing. 9.2. If invoices are not paid on time, a first free reminder will be sent to you. If you still do not pay within the payment term provided as stated on the first reminder, late payment interest will be charged to you as determined by the Law of August 2, 2002, on combating late payment in commercial transactions, as well as a fixed compensation as follows: 9.2.1. 20 euros if the outstanding balance is less than or equal to 150 euros; 9.2.2. 30 euros plus 10% of the amount due on the tranche between 150.01 and 500 euros if the outstanding balance is between 150.01 and 500 euros; 9.2.3. 65 euros plus 5% of the amount due on the tranche above 500 euros with a maximum of 2000 euros if the outstanding balance is more than 500 euros. The reminder costs for each additional reminder amount to 7.50 euros plus the postage costs applicable at the time of sending. 9.3. If Sundo is forced to take measures due to non-payment by the customer in order to obtain payment, the associated extrajudicial costs are borne by the customer. The extrajudicial costs are fixed at fifteen (15) percent of the invoice amount, with a minimum of 150 euros, plus legal interest. 9.4. All payments must be made without any deduction or set-off in the manner determined by Sundo. Objections to the invoice amount do not suspend the payment obligation. 9.5. Sundo has the right to suspend the execution of the agreement or a new agreement with this customer until full payment of already due invoices is received. 9.6. Sundo reserves the right, even after partial delivery of goods or services, to require financial guarantees and securities from the customer. In the absence of these, Sundo is entitled to terminate the agreement with immediate effect, without being liable for any compensation. The customer is obliged to fulfill the obligations that have arisen up to the time of termination. 9.7. In the event of liquidation, bankruptcy, or seizure of payment by the customer, or if the customer otherwise loses free management or free disposal of their assets, Sundo's claims against the customer are immediately due and payable. 9.8. Payment of a certain sum of money is first deducted from the costs, then from the accrued interest, and finally from the principal, regardless of whether other instructions are given by the customer at the time of payment.