Terms of service

TERMS & CONDITIONS OF TRADE HAKON NZ LTD - (NZBN 9429040155944)

1. DEFINITIONS

1.1. If applicable, capitalised terms have the meaning given to them in this Agreement. In addition, the following definitions apply in this Agreement:

1.2. ‘Supplier,’ ‘we’, or ‘us’ means Hakon NZ Limited trading as Hakon NZ (our successors and assigns) or any person acting with the authority of Hakon NZ Limited.

1.3. ‘Client,’ ‘you’, or ‘your’ means the Client purchasing Goods from us or any person acting on your behalf (including authorised agents).

1.4. ‘Goods’ means all Goods that we supply, including any suspension, shock absorbers, race and street dampers, adjustable control arms, adjustable coil-overs, bush kits, roll centre kits, anti-roll bars and chassis bracing and includes any incidental Services (and where the context permits the terms ‘Goods’ and ‘Services’ shall be interchangeable for the other).

1.5. ‘Price’ means the Price of the Goods (in accordance with clause 6).

1.6. ‘Agreement’ means these terms & conditions of trade, as may be amended from time to time (including our privacy policy and any orders, purchases or schedules as applicable).

1.7. ‘Amounts Owing’ means any amount you owe to us, from time to time, including the Price, any interest payable, any of your liability under this Agreement and any enforcement expenses incurred by us in seeking payment of any Amounts Owing by you.

1.8. ‘Business Day’ means Monday to Friday, excluding public holidays in New Zealand.

1.9. ‘Confidential Information’ means all information that could be reasonably regarded in the circumstances as confidential, including information that relates to the business, interests or affairs of a party, this Agreement, the Goods (as applicable), and intellectual property rights, but excludes information which is: (a)in the public domain, other than as a result of a breach of this Agreement; (b)in the possession of a party prior to the commencement of this Agreement without any obligation of confidentiality; and (c)is independently developed or acquired by a party prior to the commencement of this Agreement without relying on information that would itself be Confidential Information.

1.10.‘Event of Default’ means your failure to comply with this Agreement (including your obligations in clause 6).

1.11.‘Insolvency Event’ means an event of insolvency, including bankruptcy; the appointment of an insolvency administrator, manager, receiver or liquidator; any action related to winding up or making a material arrangement in relation to creditors; applying for any type of protection against creditors; being unable to pay your debts as they fall due; or taking or suffering any similar or analogous action in any jurisdiction as a consequence of debt.

1.12.‘Personnel’ means directors, officers, employees, agents and contractors.

1.13.‘CCLA’ means the Contract and Commercial Law Act 2017.

1.14.‘PPSA’ means the Personal Property Securities Act 1999.

1.15.‘Security Agreement’ and ‘Security Interest’ have the meanings given to them in Part 2, sections 16 and 17 of the PPSA.

1.16.‘Regulator’ means any authority, commission, government department, court, tribunal, or similar having regulatory or supervisory authority over the parties or Goods.

1.17.‘Related Company’ has the meaning given to it in Part 1, section 2(3) of the Companies Act 1993. 

2. INTERPRETATION

2.1. In this Agreement, unless the context otherwise requires: (a)headings are for convenience only and do not affect interpretation; (b)a reference to legislation includes all regulations, orders, instruments, codes, guidelines or determinations issued under that legislation or any modification, consolidation, amendment, re-enactment, replacement or codification of it; (c)a reference to ‘in writing’ includes by email; (d)the words ‘include’ or ‘including’ or similar expressions are to be construed without limitation; (e)a reference to a party shall include that party’s successors, permitted assigns and substitutes; and (f) a word importing the singular includes the plural and vice versa. 

3. ACCEPTANCE

3.1. All orders are subject to our acceptance. We may (at our sole discretion) accept any order in whole or part by issuing an invoice in respect of the applicable Goods, delivering the Goods or otherwise confirming the order in writing.

3.2. You acknowledge and accept that: (a)the supply of Goods on credit shall not take effect until you have completed a credit application with us and it has been approved with a credit limit established for the account; (b)if the supply of Goods requested exceeds your credit limit or the account exceeds the payment terms, we reserve the right to refuse further delivery; (c)where necessary, this Agreement will be modified or amended to the extent required to comply with any applicable legislation; and (d)this Agreement shall supersede any other document or agreement between both parties.

3.3. If you place an order for or accept any Goods from us, you are taken to accept this Agreement and are bound jointly and severally (including if you are part of a trust, in which case you shall be bound in your capacity as a trustee). You do not need to sign any formal documentation to indicate your acceptance. It will be assumed from you continuing to order any Goods.

3.4. Your acceptance to this Agreement shall continue to all future orders, purchases or schedules (as applicable), and this Agreement will be, or is deemed to be incorporated into, and form part of, each order, purchase or schedule as if this Agreement was set out or implied therein in full.

3.5. Both parties shall accept electronic signatures (including acceptance by a receiving mail server) provided both parties have complied with sections in Part 4, subpart 3 and all other relevant sections in Part 4 of the CCLA.

4. AUTHORISED AGENTS

4.1. We are under no obligation to enquire as to the authority of any person placing an order on your behalf.

4.2. If you introduce any third party to us as your authorised agent, you agree that the agent shall have your full authority to order any Goods on your behalf, and such authority shall continue until you notify us in writing that the third party is no longer your authorised agent.

4.3. Where your authorised agent is to have only limited authority to act on your behalf, you must explain the parameters of the limited authority to us in writing.

5. CHANGES TO DETAILS

5.1. You agree that you will give us (addressed to the financial controller or equivalent) not less than fourteen (14) days prior written notice of any proposed change to your name or any other changes to your details (including changes to the ownership of the company, address, email, contact phone or business structure).

5.2. You acknowledge and accept that if you fail to comply with clause 5.1, you will breach this Agreement and shall be liable for any expense or loss of profit suffered by us (including any Related Company).

6. PRICE AND PAYMENT

6.1. You will pay us the Price set out in any quotation or documentation that we provide to you under this Agreement, plus any ‘Goods and Services Tax’ (as defined and imposed in Part 2, section 8(1) of the Goods and Services Tax Act 1985 (GST)).

6.2. Unless otherwise agreed by us in writing, the Price shall be: (a)indicated on invoices provided to you in respect of the Goods; or (b)our quoted Price, which will be binding, subject to your acceptance of our quotation in writing within seven (7) days.

6.3. If the Price is not set out in quotations or other documentation, the Price for the relevant Goods will be at our standard rate according to our current Price list or at a rate notified to you by us.

6.4. The Price will be payable by you on the dates determined by us (at our sole discretion), which may be: (a)before delivery of the Goods for online orders; (b)by way of instalments in accordance with our agreed payment schedule;  (c)due twenty (20) days following the end of the month in which a statement or invoice is sent to your address or address for notices; or (d)upon receipt of the invoice (if specified).

6.5. We reserve the right at any time to alter any Price lists. Any alterations to any Price list will be effective from the date specified by us and apply to all orders or purchases accepted by us on or after that date.

6.6. Payment may be made by cash, electronic/online banking, or any other method that we agree to in writing.

6.7. Payment in any form other than cash shall not be taken to be payment for the Amounts Owing, and all ownership rights of the Goods remain with us until that form of payment has been cleared and received in accordance with clause 17.1.

6.8. We may require that you pay a deposit or provide a guarantee as security for paying any Amounts Owing.

6.9. You shall not withhold payment of any Amounts Owing because part of an order is disputed, and in the event that part of an order for the Goods is disputed, you agree that you will: (a)perform all of your obligations to us under this Agreement and pay in full any Amounts Owing except for the amount that is in dispute; and (b)provide a specific and detailed explanation of the dispute in writing to us within seven (7) days from delivery.

6.10.If an Insolvency Event occurs, all Amounts Owing will (whether or not due for payment) immediately become due and payable.

7. VARIATIONS

7.1. The Price will be adjusted to reflect any extra cost or expense incurred by us because of any instruction received from you (or your authorised agent) or any action or inaction on your part.

7.2. We reserve the right to change the quoted Price if: (a)any information supplied by you is inaccurate; (b)you request any change to plans, specifications or the Goods that were initially quoted; or (c)the cost of Goods increases due to changes beyond our control (including any taxes imposed by any Regulator, or overseas transactions that may increase due to variations in foreign currency rates of exchange or international freight and insurance charges).

8. DELIVERY

8.1. Delivery of the Goods is taken to occur at the time that: (a)you or your nominated carrier takes possession of the Goods at our address; or (b)we (or our nominated carrier) deliver the Goods to your nominated address even if you are not present at the address.

8.2. At our sole discretion, the cost of delivery is in addition to the Price.

8.3. We will deliver the Goods to the delivery location that we agree to in writing, and if the delivery location is at your premises (subject to clause 21), you will provide our nominated carrier with suitable access to the premises to perform delivery of the Goods.

8.4. You authorise us (if in our opinion it is suitable) to arrange carriage of any Goods with any Subcontractor we nominate. You further agree that we may deliver the Goods by any route, means or carrier we deem necessary.

8.5. You agree that you shall be bound by the terms of any consignment note or other contractual document which we may receive for the Goods, or for any package, unit or container in which the Goods may be packed (whether packed by us or any other person).

8.6. In the event you instruct us to use a particular method of carriage, we will give priority to the method designated, but if that method cannot be conveniently provided, you unconditionally authorise us to have the Goods delivered by any method we choose.

8.7. You accept that the supply of Goods for accepted orders may be subject to availability, and if, for any reason, Goods are not or cease to be available, we reserve the right to substitute comparable Goods (or components of the Goods) and vary the Price (in accordance with clause 7). In all such cases, we will notify you in advance of any such substitution and reserve the right to place your order on hold until both parties agree to such changes.

8.8. If we are unable to supply the Goods as agreed solely due to any action or inaction of you, then we shall be entitled to charge a reasonable fee for the re-supplying of the Goods at a later time and date (including storage of the Goods if applicable).

8.9. In the event that we are required to provide the Goods urgently, which may require us to work outside regular business hours (including working through lunch breaks, weekends or public holidays), we reserve the right to charge additional labour costs unless otherwise agreed between both parties.

8.10.Any time specified by us for delivery of the Goods is an estimate only, and we will not be liable for any expenses or losses incurred due to your reliance on our estimated time for delivery, nor can you cancel any order for any delay in delivery that is less than fourteen (14) days after our estimated time for delivery, or any delay in delivery due to any event beyond our control.

8.11.We may deliver the Goods in separate instalments, which will be invoiced and paid as individual transactions.

9. ERRORS AND OMISSIONS

9.1. You agree that we have no liability regarding any errors or omissions: (a)resulting from any inadvertent mistake made in the formation or administration of this Agreement; or (b)contained in any documentation supplied to you regarding the Goods.

9.2. If such an error or omission occurs that is not attributable to our negligence or wilful misconduct, all obligations or rights under or in connection with this Agreement shall continue in full force and effect.

10. DEFECTS

10.1.You shall inspect all Goods immediately on delivery and shall notify us of any alleged defect, shortage in quantity, damage or any other issue within forty-eight (48) hours from the date of delivery.

10.2.If you do not notify us within the forty-eight (48) hour timeframe (in accordance with clause 10.1), the Goods shall be presumed to be free of defects, and we will consider all Goods to be supplied free from any defect or other issue (subject to clause 14.1).

10.3.You shall allow us to inspect the Goods within fourteen (14) days (from the date of delivery) if you believe the Goods are defective.

11. RETURNS AND WARRANTIES

11.1.Return of the Goods will only be accepted (at our sole discretion) provided that: (a)the Goods are returned to us within seven (7) days of the delivery date; (b)we have agreed in writing to accept the return of the Goods; (c)the Goods are returned in the condition in which they were received (including all packaging material, brochures and any instructions in as new condition as is reasonably possible); (d)we will not accept the return of Goods that have not been stored or used correctly; and (e)the return of any Goods for credit may incur a restocking fee of twenty-five percent (25%) of the value of the Goods (and any additional freight costs we incur).

11.2.For Goods not manufactured by us, the warranty shall be the current warranty provided by the manufacturer of the Goods, and we shall not be bound by any condition, representation or warranty other than that which the manufacturer of the Goods provides.

11.3.The conditions applicable to the manufacturers warranty given under clause 11.2 are: (a)the warranty shall not cover any defect or damage which may be caused by or arise through: (i) failure on your part to properly maintain any Goods; (ii) failure on your part to follow any instructions or guidelines we provide; (iii) any use of the Goods for any purpose other than the appropriate applications specified on the quote, invoice or any other documentation supplied to you; (iv) the continued use of any Goods after any defect becomes apparent (or would have become apparent to a reasonably competent operator); (v) fair wear and tear; or (vi) any accident or act of God; and (b)we shall not be liable to compensate you for any delay in remedying the defect or in properly assessing your claim regarding the defective Goods.

12. PRIVACY ACT 2020

12.1.You authorise us and our agents to collect, use, retain and disclose ‘personal information’ (as defined in Part 1, section 7 of the Privacy Act 2020) about you and your Personnel that you or they provide to us for the following purposes: (a)exercising our rights or performing our obligations under this Agreement; (b)using the services of credit reporting and debt collection agencies, and you consent to us disclosing personal information (including any information about an Event of Default or repayment history) to a credit reporter, who may hold that information and use it to provide its credit reporting services; (c)registering any Security Interest under this Agreement; (d)direct marketing purposes (including by email and other electronic means), unless you notify us that you do not wish to receive direct marketing from us; and (e)the use or transfer of personal information to a Related Company in connection with the performance of our obligations or exercise of our rights under this Agreement.

12.2.Clause 12.1 is authority and consent from you in accordance with sections in Part 3 and all other relevant sections in the Privacy Act 2020.

12.3.You (if you are an individual) have the right under information privacy principles 6 and 7, and sections in Part 4, subpart 1 and Part 4, subpart 2 of the Privacy Act 2020 to access, and request correction of, any of your personal information held by us and if you provide any personal information about a third party (including your Personnel) to us, you confirm that you are authorised to do so by the relevant individual, and you have informed the relevant individual that they have the right to contact us to access and, if applicable, request correction of any personal information that we hold about them.

12.4.We may use collected information to: (a)provide you with the Goods that you have ordered; (b)verify that existing information that we hold about you is accurate and complete; (c)process credit card transactions; and (d)communicate with you to inform you about new Services or other promotional activities.

12.5.If the order of any Goods is expected to involve the sharing of any data sets, or other personal information, to you by us or us to you, we will enter into a separate data protection agreement with you.

12.6.If you do not provide the personal information requested by us, we may not be able to perform our obligations under this Agreement.

13. CONFIDENTIAL INFORMATION AND INTELLECTUAL PROPERTY

13.1.Each party must keep confidential all Confidential Information, however, nothing in clause 13 prevents a party from disclosing Confidential Information: (a)in the circumstances expressly provided for in this Agreement; (b)if the disclosure is required by law or Regulator (but only to the extent necessary); or (c)if the disclosure is reasonably required to enable a party to perform its obligations or enforce its rights under this Agreement.

13.2.We may disclose Confidential Information to a Related Company and their Personnel on a ‘need to know’ basis, provided that person is under a duty to keep the Confidential Information confidential in accordance with this Agreement.

13.3.We own all right, title and interest (including all intellectual property rights) in the Goods at all times.

13.4.Any new intellectual property created as a result of, or in connection with, the provision of our Goods will be owned by us (unless otherwise agreed in writing).

13.5.If, notwithstanding clauses 13.3 and 13.4, any intellectual property rights in any of our Goods vests in you, you assign those intellectual property rights to us with effect from creation and agree to do all things reasonably required by us to give effect to such assignment.

13.6.You warrant that the use by us of any designs, instructions, plans, specifications or other technical information provided by you will not infringe the intellectual property rights of any other person and indemnify us against any expenses or losses (including full legal costs on a solicitor client-basis) that we may incur or suffer in the event of any such infringement.

14. CONSUMER GUARANTEES ACT 1993 & FAIR TRADING ACT 1986

14.1.Subject to clause 14.2, nothing in this Agreement will affect any rights you may have as a ‘consumer’ (as defined under the Consumer Guarantees Act 1993 (CGA)) under the CGA.

14.2.For the purposes of section 2 and Part 5, section 43(2) of the CGA, the parties acknowledge and agree that, if you are acquiring, or hold yourself out as acquiring, the Goods in trade: (a)to the extent permitted by law, you are contracting out of the CGA (to the extent that the CGA would otherwise apply to any matters covered by this Agreement); and (b)it is fair and reasonable for the parties to be bound by clause 14.2.

14.3.If you are acquiring the Goods to resupply the Goods in trade, you undertake that you will: (a)contract out of the CGA to the maximum extent permitted by law in your contracts with your customers; and (b)procure that your customers, and each person in the distribution chain thereafter, contract out of the CGA to the maximum extent permitted by law in their contracts with customers.

14.4.For the purposes of section 5D of the Fair Trading Act 1986 (FTA), the parties acknowledge and agree that, if you are acquiring, or hold yourself out as acquiring, the Goods in trade: (a)to the extent permitted by law, you are contracting out of sections 9, 12A and 13 of the FTA; and (b)it is fair and reasonable for the parties to be bound by clause 14.4.

14.5.You will indemnify us against any expenses or losses incurred by us as a result of your breach of clause 14. 

15. CANCELLATION

15.1.Either party may cancel the Services provided under this Agreement if: (a)any provision in this Agreement expressly authorises cancellation in the circumstances; (b)either party have a right to cancel this Agreement under Part 2, subpart 3 of the CCLA (or any other statute); or (c)either party have permanently abandoned the Services before completion of the Services or has become permanently incapable of complying with the obligations under this Agreement.

15.2.We shall be entitled to cancel all or part of any order of yours which remains unperformed, and all Amounts Owing to us shall (whether or not due) become immediately payable if: (i) any Amounts Owing to us become overdue, or in our opinion, you will be unable to meet your payments as they fall due; or (ii) an Insolvency Event occurs, and you become insolvent or bankrupt, convene a meeting with your creditors, or a liquidator or similar person is appointed for you or any of your assets.

15.3.Orders made to your specifications or non-stock-list items cannot be cancelled once production has commenced.

15.4.All provisions of this Agreement intended to continue in force beyond cancellation shall continue to bind the parties (in accordance with clause 36.12).

16. EVENT OF DEFAULT

16.1.Unless waived by us in writing, we may charge interest at a rate of two and a half percent (2.5%) per calendar month on any outstanding Amounts Owing from the due date of payment until the date the outstanding amount is paid (and interest shall compound monthly at such a rate).

16.2.You agree to reimburse us for any fees or expenses we incur in recovering any Amounts Owing (including, without limitation, administration fees, debt collection agency fees, disbursements and full legal costs on a solicitor-client basis).

16.3.Should you fail to pay any account, we may withhold the release of any producer statement, certification, or documentation relating to the Goods provided until all Amounts Owing are paid in full.

17. RETENTION OF TITLE

17.1.Ownership (including all right, title and interest) of the Goods remains with us until: (a)we have received all Amounts Owing; and (b)you have performed all of your obligations under this Agreement.

17.2.If any Amounts Owing is overdue, or an Insolvency Event occurs, you give irrevocable authority to us to use reasonable force to enter anywhere Goods may be stored, to remove any Goods. We shall not be liable in contract, tort or otherwise for any damages, expenses, or losses incurred by you or any third party, and you indemnify us against any liability we may have to any third party (including full legal costs on a solicitor-client basis), as a result of us exercising our rights under clause 17.2 (except where damages, costs or losses are due to our negligence or fraud).

17.3.If you resell or use any Goods before ownership of the Goods has passed to you (including combining or processing the Goods), the proceeds of such sale or use will be received and held by you (in whatever form) in trust for us to the extent of the Amounts Owing (where our interest as beneficiary under that trust will be that portion of the proceeds which is equivalent to the Amounts Owing to us and the balance of the proceeds (if any) will be your beneficial interest under that trust).

17.4.It is further agreed that: (a)where possible, the Goods shall be kept separate and identifiable until we have received full payment and you have fulfilled all of your obligations under this Agreement; and (b)until ownership of the Goods passes to you, we may give notice in writing to return the Goods (or any accessories or components), and your rights to obtain ownership or any other interest in the Goods shall cease.

17.5.If any Goods are damaged where full payment has not been received, you agree that we are entitled to: (a)receive all insurance proceeds paid for the Goods; and (b)deal directly with the insurance company to receive all insurance proceeds paid for the Goods we own (in accordance with clause 17.1).

17.6.We may commence proceedings to recover the Price of the Goods provided, notwithstanding that ownership of the Goods has not passed to you.

18. SECURITY AND LIEN

18.1.Subject to us providing any Goods, you charge all of your right, title and interest (whether joint or several) in any land, real estate or other assets capable of being legally charged with a lien, owned by you either now or in the future, to secure the performance of all obligations (including full payment of all Amounts Owing) under this Agreement.

18.2.You irrevocably appoint all directors of our companies (including any Related Company) as your true and lawful attorney(s) and agree that the appointed attorney(s) may perform all necessary acts to enforce our rights provided in clause 18.1 of this Agreement (including signing any document on your behalf).

18.3.You are liable for all our disbursements and expenses (including full legal expenses on a solicitor-client basis) incurred in exercising our rights under clause 18 to secure the performance of your obligations under this Agreement. 18.4.It is fair and reasonable for the parties to be bound by clause 18.

19. PERSONAL PROPERTY SECURITIES ACT 1999

19.1.You acknowledge and agree that: (a)this Agreement constitutes, in favour of us, a Security Agreement creating a Security Interest in the Goods or the proceeds of such Goods; and (b)the Security Interest granted to us secures the payment of all Amounts Owing (all present and after-acquired personal property) you may owe to us from time to time and at any time.

19.2.You agree that you will sign any further documentation and provide any information which we may reasonably require to ensure we are paid all Amounts Owing due to us and otherwise to protect our interests under this Agreement, including by registration of a financing statement and ensuring that we have a first ranking perfected Security Interest in the Goods or a Security Interest in the proceeds of any Goods (a Security Interest taken in all collateral and any proceeds of any collateral).

19.3.To the extent permitted by law, we each contract out of: (a)sections 114(1)(a), 133 and 134 of the PPSA; and (b)your rights referred to in sections 107(2)(a), (c), (d), (e), (f), (g), (h) and (i) of the PPSA.

19.4.You waive your right to receive a verification statement under section 148 of the PPSA in respect of any financing statement relating to a Security Interest.

19.5.Nothing in this Agreement is to be construed as an agreement that a Security Interest in Goods (collateral) attaches at a later time than the time specified in Part 3, section 40(1) of the PPSA; a Security Interest is perfected in accordance with Part 3, section 41(1) of the PPSA; a Security Interest in all after-acquired property attaches at the time specified in Part 4, section 44(1) of the PPSA; and a Security Interest in collateral shall extend to the proceeds as specified in Part 4, section 45(1) of the PPSA.

19.6.Each Security Interest is a continuing Security, notwithstanding any intermediate payments, settlement of accounts or anything else.

19.7.You must provide us with information and any associated documentation reasonably requested by us from time to time relating to your financial status.

19.8.If at any time we consider that your financial status is unsatisfactory, we may require you to grant additional Security Interest(s) as security for the Amounts Owing, and we may suspend or cancel further supply of Goods until you have provided such Security Interest(s).

19.9.You shall unconditionally ratify any actions taken by us under clause 19.

20. INSURANCE AND RISK

20.1.We use encryption to protect your private information as you enter it on our website, such as the Secure Socket Layer (SSL) protocol. When you pay online by credit card, we use a PCI-DSS-compliant third-party payment gateway to process the payment securely.

20.2.Where we supply Goods only, all risk for the Goods shall immediately pass to you on the delivery of the Goods (by us or our nominated carrier), and you must insure the Goods on or before delivery.

20.3.We cannot guarantee that the appearance of colours shown on our website exactly reproduces the appearance or colours of the physical Goods themselves (and the Goods may show some variations from the digital images).

20.4.Any advice, recommendation or information that we provide in relation to Goods supplied by us is given in good faith, is based on our knowledge and experience and shall be accepted without liability on our part.

20.5.You acknowledge and accept that all descriptive specifications, illustrations, drawings, data dimensions, and weights stated in our fact sheets, Price lists, or advertising material are indicative only.

20.6.Should you request us to leave Goods outside our premises for collection or deliver the Goods to an unattended location, you agree that those Goods shall be left unattended at your sole risk.

21. HEALTH AND SAFETY AT WORK ACT 2015

21.1.Each party will comply with the Health and Safety at Work Act 2015 (HSW Act), including all health and safety duties specified in Part 2 of the HSW Act, as well as all other applicable standards and codes of practice relating to health and safety. In addition, each party will comply with the other party’s pre-notified and reasonable health and safety policies when on the party’s premises.

21.2.You must notify us of any known hazards arising from your premises to which any person may be exposed, as well as notify us of any notifiable injury, illness, incident or event (as defined in Part 1, subpart 3 of the HSW Act) to ensure that your workplace is without risks to the health and safety of any person.

21.3.Each party must consult, cooperate and coordinate activities with all other persons who have a health and safety duty in relation to the same matter in providing the Goods (including in connection with the delivery of the Goods).

22. ORDER SPECIFICATIONS AND SUPPLIED INFORMATION

22.1.Where you supply us with any plans, specifications or other technical information (such as CAD drawings or any other electronic software that provides detailed plans and specifications), you will be responsible for providing accurate information, and we shall be entitled to rely on the accuracy of the information you provide.

22.2.If there is any discrepancy between the drawings and the specifications, precedence will be determined based on the election of authority agreed to by both parties and recorded in writing. If no election of authority has been made, then the drawings will take precedence, and you agree that: (a)figured specifications take precedence over scaled specifications; (b)large-scale specifications take precedence over small-scaled specifications; and (c)amended specifications take precedence over older specifications.

22.3.We are not responsible for any errors in the Goods or Services or additional expenses caused by you supplying inaccurate information.

23. TRUSTS

23.1.If you at any time upon or subsequent to entering into the Agreement are acting in the capacity of trustee of any trust, then whether or not we may have notice of the trust, you expressly agree that: (a)the Agreement extends to all rights of indemnity which you now or subsequently may have against the trust and the trust fund; and (b)you have complete power and authority under the trust to enter into this Agreement, and the rights of the trust do not purport to exclude or take away the right of indemnity of you against the trust or the trust fund. You will not release the right of indemnity, commit any breach of trust, or be a party to any other action that might affect that right of indemnity.

23.2.You will not, without consent in writing from us, cause or permit any of the following events: (a)the removal, replacement or retirement of you as trustee of the trust; (b)any alteration to or variation of the terms of the trust; (c)any advancement or distribution of capital of the trust; and (d)any change to the trust’s property.

24. LIABILITY

24.1.To the extent permitted by law, we shall have no liability whatsoever to you for any direct or indirect expense or loss of profit suffered by you arising out of a breach by us of this Agreement (including any unintentional misrepresentation made to you by us regarding any of the Goods).

24.2.To the extent permitted by law, our liability shall not exceed the Price of the Goods provided by us under this Agreement.

24.3.To the extent permitted by law, our total liability under or in connection with this Agreement and the Goods is limited to, at our option: (i) the replacement of the Good(s) or the supply of equivalent Good(s); (ii) the repair of the Good(s); (iii) the payment of the expense of replacing the Good(s) or of acquiring equivalent Good(s); or (iv) the payment of the expense of having the Good(s) repaired.

24.4.If we have any liability under or in connection with this Agreement, to the maximum extent permitted by law: (a)our total aggregate liability to you for any loss, damage or liability arising out of or in connection with this Agreement will be limited to the lesser of: (i) the Price paid by you to us for the applicable Goods; or (ii) the actual loss or damage suffered by you; and (b)we will not be liable for any: (i) indirect, special or consequential loss or damage whatsoever; or (ii) loss of profits, revenue, data, goodwill, customers, opportunities or loss of or damage to reputation.

24.5.The limitations and exclusions on liability in this clause 24 will apply irrespective of the legal basis for the applicable claim, including contract, equity, tort or statute, except negligence and fraud.

24.6.In no circumstances will we have any liability whatsoever under or in connection with this Agreement: (a)for the acts or omissions of any third party; (b)any act or omissions performance in accordance with your instructions (or instructions from your authorised agents); or (c)to any third party.

25. GENERAL

25.1.Governing law: This Agreement is governed by and to be construed in accordance with the laws of New Zealand, and each party submits to the exclusive jurisdiction of the courts of New Zealand.

25.2.Entire Agreement: This Agreement constitutes the entire agreement of the parties about its subject matter and supersedes all previous agreements, representations and understandings.

25.3.Priority: To the extent of an inconsistency between: (a)this Agreement; (b)all other schedules to this Agreement; (c)any privacy or data agreement (if applicable); and (d)the order of priority set out above will apply (with (a) having the highest priority).

25.4.Subcontracting: We may subcontract the performance of our obligations (including to a Related Company) on the basis we remain solely liable to you for the performance of our obligations.

25.5.Assignment: You must not assign, novate or transfer your rights or obligations under this Agreement without our prior written consent (which may be withheld at our sole discretion). We may assign this Agreement to any other person. Without limiting the foregoing, we may assign to any other person all or part of the Amounts Owing by you.

25.6.Amendments: Except where stated otherwise in this Agreement, any amendment to this Agreement must be in writing, signed by both parties, except where we are required to make changes to ensure compliance with applicable laws, in which case we can give you notice of any such amendments required, and you will be bound by the same.

25.7.Notices: Any notice, demand or other communication to be served on a party must be in writing and sent by personal delivery, pre-paid post or email to the address of the relevant party (or otherwise notified to the other party from time to time). Any notice or other communication is deemed to be received (i) if personally delivered, on receipt, (ii) if posted by pre-paid official postal service, on the fifth Business Day after posting (or seven Business Days after posting if sent from one country to another), and (iii) if sent by email on the date and time that the email was sent (as evidenced in the sender's email sent history). Notices received after 5pm on a Business Day will be deemed received on the next Business Day.

25.8.Force majeure: We will not be liable to you for any failure or delay in performing our obligations under this Agreement where such failure or delay is caused by events or circumstances beyond our reasonable control (including any strike, lockout, labour dispute, delay in transit, embargo, epidemic, pandemic, accident, emergency, order of government or other authority or act of god).

25.9.Severability: If any part of this Agreement is illegal or unenforceable, you agree that part shall be amended to the extent permitted by law to allow the enforceability of any rights, and if it is not able to be modified, then it will be severed, and all remaining rights in this Agreement will continue in full force and effect.

25.10.Waiver: A single or partial exercise or waiver of a right relating to this Agreement does not prevent any other exercise of that right or the exercise of any other right.

25.11.Termination: Either party may terminate this Agreement immediately by written notice if the other party breaches a term of this Agreement which is not capable of remedy or, where the breach is capable of remedy, fails to remedy the breach within 20 Business Days of written notice of the breach.

25.12.Survival: Any rights or obligations under or in connection with this Agreement, which is by nature a continuing obligation, will survive termination of this Agreement by either party.

25.13.Rights of third parties: This Agreement is not intended to confer a benefit on any person other than the parties to this Agreement.

25.14.Relationship: We will provide Goods to you as an independent contractor. Nothing in this Agreement creates any partnership, joint venture or employment relationship between the parties.

25.15.Non-exclusive: This Agreement is not exclusive, and you agree that there are no restrictions on us to provide any Goods to any other person.

25.16.Counterparts: This Agreement may be executed in any number of counterparts (including by electronic signature or by email exchange of pdf copies) which together will constitute the one instrument.

HAKON NZ LTD - (NZBN 9429040155944)

Phone - 0800 636 618

Email - Info@hakonsuspension.co.nz