Common use of Return Clause in Contracts

Return. 7.1. The entire section 7 is only applicable to business relationships between NOVARTIS Commercial Operations Vienna and Wholesalers of pharmaceutical products as well as other direct buyers of pharmaceutical products. 7.2. In case of defects products will be returned at current subscription prices. 7.3. A return or exchange of products that have gone bad due to storing conditions, or that appear as “not deliverable” in the List of Goods, does not take place. 7.4. Products with expired shelf life are taken back by NOVARTIS until six months after the expiration date. NOVARTIS will reimburse CUSTOMER at current subscription price minus 40% deduction. Products with expired shelf life of more than six months will not be credited by NOVARTIS. With consent of CUSTOMER destruction of such products will be done by NOVARTIS. 7.5. After deletion from the List of Goods CUSTOMER receives a credit in the amount of the actual subscription price within two months after the deletion from the List of Goods has been officially announced and under the condition that the shelf life has not yet expired. 7.4 applies in case of products with expired shelf life.

Return. 7.1. The entire section 7 is only applicable to business relationships between NOVARTIS SANDOZ Commercial Operations Vienna and Wholesalers of pharmaceutical products as well as other direct buyers of pharmaceutical products. 7.2. In case of defects products will be returned at current subscription prices. 7.3. A return or exchange of products that have gone bad due to storing conditions, or that appear as “not deliverable” in the List of Goods, does not take place. 7.4. Products with expired shelf life are taken back by NOVARTIS SANDOZ until six months after the expiration date. NOVARTIS SANDOZ will reimburse CUSTOMER at current subscription price minus 40% deduction. Products with expired shelf life of more than six months will not be credited by NOVARTISSANDOZ. With consent of CUSTOMER destruction of such products will be done by NOVARTISSANDOZ. 7.5. After deletion from the List of Goods CUSTOMER receives a credit in the amount of the actual subscription price within two months after the deletion from the List of Goods has been officially announced and under der Ware nicht überschritten ist). Bei abgelaufenen Produkten siehe Punkt the condition that the shelf life has not yet expired. 7.4 applies in case of products with expired shelf life.