General Purchase Terms and Conditions for Suppliers

  1. The Supplier undertakes to deliver the products within the time limits specified in the Purchase Order, which shall be deemed to be of the essence. Unless otherwise provided in the Purchase Order, all transportation costs and risks shall be borne by the Supplier until delivery of the products at the agreed destination (Delivered Duty Unpaid / carriage paid to destination).
  2. In the event of delayed delivery, the Supplier shall be liable to pay a penalty equal to 2% of the total value of the Purchase Order for each week of delay, up to a maximum of 10% of the total value of the Purchase Order, without prejudice to the Purchaser’s right to recover any further damages suffered and to terminate the contract by simple written notice pursuant to Article 1456 of the Italian Civil Code after 45 days of delay.
  3. Any dispute arising between the parties, in any way connected with or relating to the Purchase Order, shall be subject to the exclusive jurisdiction of the Court of Turin, Italy.
  4. The Supplier shall review CustoM 2.0 S.r.l.’s Purchase Terms and Conditions available at www.customsrl.it/cga-fornitori (i.e. the webpage currently being viewed). Acceptance and/or performance of the Purchase Order shall constitute full and unconditional acceptance of the foregoing provisions, as well as of the Purchase Terms and Conditions.