Standard Conditions of Purchase of Halolux Limited ("Halolux") products:

1.Order Placement

For all contracts to be awarded, only standard order forms shall be applicable. Verbal agreements shall be binding only if confirmed in writing by at least one party without delay, but less than 30 days before the expected shipment date.

2. Warranty & Product Guarantee

The articles will be supplied in a condition that is approved by Halolux in terms of the description, their material composition, technical features, form, workmanship, design, and the qualities as guaranteed. A standard manufacturer’s guarantee as to quality for a period of twelve months is provided with the product, such period to commence at the date of shipment.

The guarantee is subject to terms and conditions as attached to the manual or packaging of each product. Breach of the conditions of use applicable to each product voids the manufacturer’s guarantee and any other warranties made in respect of the product.

3. Prices

The stipulated prices are binding for a period of 6 months and are deemed to include the packaging provided by Halolux and are made on an FOB Taiwan or FOB China basis unless agreed otherwise with the customer.

4. Packaging and Labeling

Halolux will use its best endeavours to comply with requested labeling, packaging and shipping marks. In the absence of specific instructions, the labeling, packaging and shipping of the merchandise shall be effected in accordance with the Halolux standard markings and procedures and with the due care and diligence of a prudent businessman.

5. Period of Performance

Once a Purchase Order has been accepted by Halolux no cancellation of orders will be accepted. In the event that the customer attempts to cancel an order, Halolux has the right to demand compensation for damages.

6. Invoicing

Invoices shall be submitted to the address of the issuer of the purchase order which is required to be the same as the recipient of the shipments. In the event that the shipment is to be delivered to several different recipients, individual purchase orders are to be issued.

7. Payment

The payment of invoices shall be effected without prejudice to the subsequent exercise of rights in accordance with the terms and conditions as agreed from time to time. Title to the goods does not pass until such time as full payment is effected on a timely basis. Payment outside of the agreed terms shall attract interest at 2% above the prime lending rate of Standard Chartered Bank (Hong Kong) at that time.

8. Advertising & Marketing

Advertising and marketing materials must be submitted to Halolux for approval before public release to ensure compliance with the warranty and any industrial property rights belonging to the Halolux or its suppliers (such as copyright, patents, utility patents or registered designs, trade marks, licenses etc.). To the extent that any third party rights are violated by the use of these protected rights of Halolux or its suppliers, the customer is obliged to indemnify HALOLUX from any and all third party claims.

9. Liability

The Supplier shall be liable for damages and consequential damages caused to the ultimate buyer and is therefore ultimately responsible for the purchase of an appropriate product liability insurance policy. In addition, the Supplier shall hold Halolux harmless as regards any and all product liability claims and reimburse Halolux for any and all damages it has incurred in conjunction with said product liability (e.g. recall costs, loss of interest, attorneys' fees etc.) unless the relevant product defect has been caused by Halolux.

10. Place of Jurisdiction

 The place of jurisdiction is Hong Kong SAR and choice of law and practice is Hong Kong law and business practice.

Halolux, Halolight & Haloglow are registered and applied for trademarks of Halolux Limited. All rights are hereby reserved @ 2008 Halolux Limited.