CONDITIONS OF SALE

1. DEFINITIONS

“Buyer” means any person or persons, firm or company who shall order or buy the Goods or Services from the Seller.

“Seller “means Celtic Renewables Ltd.

“Goods” means the goods and/or materials supplied or sold by the Seller to the Buyer in accordance with our product specifications.

2. All quotations given by the Seller (unless otherwise agreed in writing) are subject to withdrawal and alteration without notice and do not constitute an offer to supply goods. Goods supplied against orders accepted in writing will be charged at the price ruling at the date of dispatch.

3. Accounts in respect of goods supplied are due for payment by the Buyer on or before 30 days from invoice date. The first order placed by the Buyer will require payment in advance, thereafter, as specified above. The Seller reserves the right at any time and without prior notice to suspend deliveries to the buyer in the event of any account of the Buyer with the Seller remaining unpaid after the time specified above.

4. Delivery by road as near as possible to site on good hard accessible road. The unloading of the goods is the responsibility of the Buyer. It is the responsibility of the Buyer to verify the amounts at the premises; delivery will be plus or minus (5%).

5. The Buyer shall inspect the goods immediately on arrival at the point of delivery and shall within 72 hours from such inspection give notice in writing to the Seller of any matter or reason whereof the Buyer may allege that the goods are not in accordance with the contract. Within seven days of receiving such notice, the Seller shall have the right to inspect the goods and provided that the Buyer has not used the Goods, and the Seller is satisfied that the defect alleged by the Buyer has arisen from defective material or from the process of manufacture, the Seller will replace free of charge the defective goods. But the Seller shall not be responsible for any consequential loss. If the Buyer shall fail to give such notice as aforesaid, the goods shall be deemed to be in all respects in accordance with the Contract and the Buyer shall be bound to accept and pay for the same accordingly.

6. The Seller will not be responsible for any delays in deliveries or suspension of deliveries of deliveries caused by strikes, lockouts, war, fire, breakdown of plant and machinery or any other cause beyond their control.

7. Title and ownership of the goods ordered by and/or delivered to the Buyer shall not pass to the Buyer but shall remain with the Seller until the Buyer has paid all monies that are owed to the Seller whether in respect of those goods or otherwise. All such goods in the Buyer’s possession while ownership and title is retained by the Seller shall be at the sole risk of the Buyer and in the event of the same being damaged or destroyed or lost while in the Buyer’s custody, the Buyer shall be liable to the Seller for the invoice price thereof, with VAT.

8. If the Buyer shall become insolvent or fail to make payment in the time and manner specified by the Seller, then the Seller shall have the right to suspend or cancel further deliveries, and payment for all goods already supplied by the Seller shall become due immediately.

9. These Conditions and any Contract made subject to thereto shall be subject to and construed in accordance with Scottish Law.