(the Rules), Milano (Italy) by a sole arbitrator, appointed in accordance with the Rules, which are deemed to be incorporated by reference into this clause. The Seller The Purchaser _____________________________ _____________________________ I have the power to bind the Seller I have the power to bind the Purchaser Name Name Title Title Date Date [SELLER’S SEAL] [PURCHASER’S SEAL] In accordance with articles 1341 and 1342 of the Italian Civil Code I specifically accept and approve the provisions set forth in the articles: 2.1 (orders), 3.1 (specifications), 3.2 (non-compliance with foreign laws and regulations),4.2 (payment conditions), 4.3 (payment to agents and other intermediaries, 4.4 (moratory interests), 4.5 (suspension of performance), 5.1 Reservation of title 6.1 (Delivery), 6.2 (Seller as agent for shipment), 6.3 (costs and riks deriving from disposal on the Purchaser) 6.4(delivery dates and delais de grace), 6.5 (failing to take delivery and consequences), 6.6 (proof of delivery at destination), 7.1 (warranty), 7.2 (liability),7.3 (defects not covered by the warranty) ,7.4 (installation-exclusion of responsibility), 7.5 (exclusion of the warranty) 7.6 (Time limit for notification of defects), 7.7 (Exclusion of the right of redress) 8.1 (product liability claims), 9.1 (force majeure), 9.2 (hardship),10.1 (Sales subject to successful completion of export control) 10.2 (Sanctions) and 12.1 (disputes resolution). The Purchaser _____________________________ Name Title Date
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