Common use of Purchase Price and Payment Terms Clause in Contracts

Purchase Price and Payment Terms. The Purchase Price for the Delivery is the maximum price that cannot be exceeded and is 13 014 EUR without value added tax, (hereinafter the “Purchase Price”). Unless provided otherwise in this Contract, all the prices in this Contract are exclusive of value added tax, which shall be paid according to the applicable regulations or international agreements. The Purchase Price includes all the costs related with the performance of the Contract, including the cost of transport of the Device to the place of delivery, the costs of Verification and Training, the costs of insurance including unloading until the Delivery , licenses, taxes and fees, etc. The Purchase Price is fixed and shall not be changed regardless of the changes of prices or changes in the foreign exchange rates. The Purchase Price shall be paid after the signature of the Handover protocol. The Buyer shall pay the Purchase Price on the basis of an invoice issued by the Seller. Invoices shall be payable within thirty (30) days of the date of their delivery to the Buyer. Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include the following details: the business name/designation and registered office of the Buyer the tax identification number of the Buyer the business name/designation and registered office of the Seller the tax identification number of the Seller the registration number of the tax document the scope and object of the Delivery or Services the date of issue of the tax document the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document the price the registration number of the Contract, which the Buyer shall communicate to the Seller at his request before the invoice is issued a declaration that the charged price is provided for the purposes of the "XXX: EXTREME LIGHT INFRASTRUCTURE“ project phase II, reg. No. CZ 02.1.01/0.0/0.0/15_008/0000162d must also comply with any double taxation treaties applicable to the given case. The last invoice in each calendar year must be delivered by the Seller to the Buyer’s no later than by December 15 of the given calendar year. If a tax document – invoice does not comply with the payment terms stipulated by the Contract or if it does not comply with the requirements stipulated by law or if it is not delivered to the Buyer by the aforementioned date, the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyer. In that case, the Buyer is not in delay in payment of the Purchase price or part thereof or the Price for Services and the Seller shall issue a corrected invoice with a new identical Maturity Period, which shall commence on the date of delivery of the corrected or newly issued tax document – invoice to the Buyer. The Buyer’s invoicing details are set out in Art. I hereof. VI.

Purchase Price and Payment Terms. The Purchase Price is the tender price presented by the Seller in its tender for the Delivery Below-the-threshold Public Contract. The Buyer is obliged to pay the maximum price that cannot be exceeded and is 13 014 EUR without value added tax, specified in Annex 2 (hereinafter the “Purchase Tender Price”)) to the Seller for proper delivery of Goods specified in Annex 1. Unless provided otherwise in this ContractThe Buyer is thus obliged to pay to the Seller for full delivery of the Goods a total of CZK (TO BE SPECIFIED BY THE TENDERER) (Czech crowns) excl. VAT. VAT at the applicable rate, all as well as its invoicing, reporting and payment to the prices in this Contract are exclusive of value added tax, which relevant tax administrator shall be paid according to governed by the applicable regulations or international agreementslegislation on VAT. The Purchase Total Price is the maximum final price that may not be exceeded, with the exception of a change of the statutory VAT rate, and includes all the Seller’s costs related with to the performance hereof, including, without limitation, the costs of provision of the ContractWarranty Service (as specified in Article 9 hereof), including the cost costs of acquisition of spare parts, transport and work relating to the service, as well as the costs of transport and delivery of the Device Goods to the place of delivery, the costs of Verification and Training, the costs of insurance including unloading until the Delivery , licenses, taxes and destination or any fees, etccustoms duties and packaging and ancillary costs. The Purchase Price is fixed and shall not be changed regardless of the changes of prices or changes in the foreign exchange rates. The Purchase Total Price shall be paid by the Buyer on the basis of a tax receipt duly issued by the Seller and delivered to the Buyer (hereinafter the “Invoice”). The Seller may issue the Invoice after the signature takeover of the Goods by the Buyer based on a takeover record. The Seller shall invoice VAT to the Buyer at the rate applicable on the date of the taxable supply and in accordance with the VAT regulations. The invoicing is conditional upon the existence of a Record on Handover, Installation and Takeover of the Goods (hereinafter the “Handover protocolRecord”), executed by both Parties to the Contract. The Buyer shall pay not provide any advance payments towards the Purchase Price on the basis of an invoice issued by price to the Seller. Invoices The invoice must contain a reference to this Contract (the number of this Contract) and also the requisites stipulated by the applicable legal regulations, including, in particular, value added tax. The invoice shall be issued to the Buyer’s address specified in the header hereof. A copy of the Handover Record for the Goods signed by the authorised persons of the Parties shall be attached to the Invoice. The Invoice shall be payable within thirty 30 (30thirty) days of the date of their delivery to the Buyer. Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include the following details: the business name/designation and registered office of the Buyer the tax identification number of the Buyer the business name/designation and registered office of the Seller the tax identification number of the Seller the registration number of the tax document the scope and object of the Delivery or Services the date of issue of the tax document the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document the price the registration number of the Contract, which the Buyer shall communicate to the Seller at his request before the invoice is issued a declaration that the charged price is provided for the purposes of the "XXX: EXTREME LIGHT INFRASTRUCTURE“ project phase II, reg. No. CZ 02.1.01/0.0/0.0/15_008/0000162d must also comply with any double taxation treaties applicable to the given case. The last invoice in each calendar year must be delivered by the Seller to the Buyer’s no later than by December 15 of the given calendar year. If a tax document – invoice does not comply with the payment terms stipulated by the Contract or if it does not comply with the requirements stipulated by law or if it is not delivered to the Buyer by the aforementioned date, the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery handover to the Buyer. The Buyer has the right to return the Invoice to the Seller before expiry of the maturity period without being considered in delay in its payment (i) if the Invoice contains incorrect data; (ii) if any of the requisites stipulated by the legislation or this Contract is missing; (iii) if a copy of the Handover Record confirmed by the authorised persons of the Parties is not attached to the Invoice. In that case, the Buyer is not in delay in payment of the Purchase price or part thereof or the Price for Services existing maturity period shall no longer apply and the Seller shall issue a corrected invoice with a new identical Maturity Period, which period of 30 (thirty) calendar days shall commence on the date of delivery of the corrected or newly issued tax document – invoice a new Invoice to the Buyer. The price shall be paid in Czech crowns by wire transfer to the bank account of the other Party specified in the header hereof. The Seller agrees to include the bank account specified in the header hereof in the Invoice. The Parties agree that the date of payment of the Invoice means the date of debiting the invoiced amount from the Buyer’s invoicing details are account. To avoid any doubts, the Parties agree that if the invoiced amount is debited for the benefit of the Seller within 30 (thirty) calendar days of delivery of the Invoice to the Buyer but it is credited to the Seller’s bank account after the due date set out in Artthe Invoice, the Buyer is not in delay. I hereof. VIThe Seller may not assign any receivables arising out of this Contract.

Purchase Price and Payment Terms. The Purchase Price purchase price for the Delivery Device is the maximum price that cannot be exceeded and is 13 014 54 000 EUR without value added tax, tax (hereinafter the “Purchase Price”). Unless provided otherwise in this Contract, all the prices in this Contract are exclusive of The value added tax, which tax shall be paid according to by the applicable regulations or international agreementsBuyer in the Czech Republic. The Purchase Price is the maximum price for performing this Contract that cannot be exceeded. The Purchase Price includes all the costs related with to the performance of the Contract, including the cost of transport of the Device to the place of delivery, customs (if applicable), installation in the costs place of Verification and Trainingdelivery, the costs of insurance including unloading until the Delivery , licenses, taxes licenses and fees, development of prices and currency exchange rates etc. The Purchase Price is fixed and shall not be changed regardless of for the changes of prices or changes in the foreign exchange rates. The Purchase Price Device shall be paid after the signature of the Handover protocol. The Buyer shall pay the Purchase Price on the basis of an a tax document – invoice, to the account of the Seller specified in the invoice. The Seller is entitled to issue the invoice issued by after execution of the SellerAcceptance Protocol. Invoices Copy of the Acceptance Protocol must be attached to the invoice. The invoice shall have only the electronic form and shall be payable within submitted to the email address: xxxxxxxx@xxx.xx. The invoiced amount is due in thirty (30) days of the date of their delivery of the invoice to the Buyer. If the invoice stipulates different due period such period is deemed irrelevant and the period stipulated herein applies. Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with The invoice shall have the form and contents of a tax document according to the applicable tax regulations legal regulation. The Buyer shall advice in advance the Seller on the proper contents of the Czech Republic, the tax documents – invoices issued by the Seller hereunder invoice. The invoice shall include the following details: the business name/designation and registered office of the Buyer the tax identification number of the Buyer the business name/designation and registered office of the Seller the tax identification number of the Seller the registration number of the tax document the scope and object of the Delivery or Services the date of issue of the tax document the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document the price the registration number of the Contract, which the Buyer shall communicate to the Seller at his request before the invoice is issued a declaration that the charged price is provided performance was executed for the purposes of the "XXX: EXTREME LIGHT INFRASTRUCTURE“ grant project phase II“Advanced Research Using High Intensity Laser Produced Photons and Particles“, reg. Nonumber: CZ.02.1.01/0.0/0.0/16_019/0000789. CZ 02.1.01/0.0/0.0/15_008/0000162d must also comply with any double taxation treaties applicable Should the invoice not conform to the given case. The last invoice in each calendar year must be delivered by the Seller to the Buyer’s no later than by December 15 of the given calendar year. If a tax document – invoice does not comply with the payment terms stipulated by the Contract or if it does not comply with the requirements stipulated by law or if it is not delivered to the Buyer by the aforementioned dateabove, the Buyer is entitled to return the tax document – invoice it to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyercorrection. In that case, the Buyer is not in delay in payment of the Purchase price or part thereof or the Price for Services and the Seller shall issue a The corrected invoice with a shall provide new identical Maturity Period, which shall commence on the date of delivery of the corrected or newly issued tax document – invoice to the Buyer. The Buyer’s invoicing details are set out in Art. I hereofcomplete due period. VI.

Purchase Price and Payment Terms. The Purchase Price purchase price for the Delivery is Supply was set on the basis of the Seller’s bid submitted within the Tender Procedure as the maximum price that cannot be exceeded and is 13 014 exceeded, in the amount of EUR without value added tax, 114.993,00 excl. VAT (hereinafter the “Purchase Price”). Unless provided otherwise in this Contract, all the prices in this Contract are The Purchase Price is exclusive of value added tax, VAT paid in the Czech Republic which shall will be paid according to by the applicable regulations or international agreementsBuyer. The Purchase Price includes all the costs related with to the performance of the subject of this Contract, including . The Purchase Price for the cost subject of transport of performance set out in Art. III. hereof is the Device to the place of delivery, the costs of Verification and Training, the costs of insurance including unloading until the Delivery , licenses, taxes and fees, etcmaximum permissible price. The Purchase Price is fixed and shall not be changed regardless independent of the changes development of prices or and changes in the foreign exchange rates. The Purchase Price shall be paid after the signature due in two instalments: 20% of the Handover protocol. The Buyer shall pay the Purchase Price on the basis of an invoice issued shall be invoiced by the SellerSeller upon execution of this Contract 80% of the Purchase Price shall be invoiced by the Seller upon issuance of the delivery note regarding the last delivered Substrate (s) according to art. 8.2 hereof. Invoices shall be payable within thirty (30) days of from the date of their delivery to the BuyerBuyer (hereinafter the "Maturity Period"). Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include particularly the following details: the business name/designation and registered office of the Buyer the tax identification number of the Buyer the business name/designation and registered office of the Seller the tax identification number of the Seller the registration number of the tax document the scope and object of the Delivery or Services supply the date of issue of the tax document the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document the price the registration number of the Contract, which the Buyer shall communicate to the Seller at his request before the invoice is issued supply a declaration that the charged price supply is provided for the purposes of the "XXX: EXTREME LIGHT INFRASTRUCTUREINFRASTRUCTURE – phase 2“ project phase IIproject, reg. No. CZ 02.1.01/0.0/0.0/15_008/0000162d CZ.02.1.01/0.0/0.0/15_008/0000162. and must also comply be in conformity with any double taxation treaties applicable to the given case. The last invoice in each calendar year must be delivered by the Seller to the Buyer’s no later than by December 15 of the given calendar year. If a tax document – invoice does is not comply issued in conformity with the payment terms stipulated by the Contract or if it does not comply with the requirements stipulated by law or if it is not delivered to the Buyer by the aforementioned date, the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyer. In that case, the Buyer is not in delay in payment of the Purchase purchase price or part thereof or the Price for Services and the Seller shall issue a corrected invoice with a new identical Maturity Period, which shall commence on the date of delivery of the corrected or newly issued tax document – invoice to the Buyer. The Buyer’s invoicing details are set out in Art. I hereof. VI.