STANDARD TERMS AND CONDITIONS OF SALE

1. General Provisions

These Terms and Conditions of Sale (“Terms”) govern all sales and services provided by Ingvar Management Inc (“IMI”). The client explicitly waives any of its own terms and conditions, even if drawn up after these Terms. Any amendments or derogations to these Terms must be agreed upon in writing by both parties to be valid.

2. Payment Terms

Unless otherwise agreed in writing, all invoices are payable within ten (10) calendar days (“Net 10”) from the date of invoice. In the event of late payment, IMI reserves the right to charge interest at a fixed rate of 10% of the overdue amount. IMI may suspend any services without prior notice if payments are delayed.

If a payment remains outstanding for more than sixty (60) days after the due date, IMI reserves the right to engage a debt recovery agency or initiate legal proceedings. All costs associated with debt recovery, including but not limited to legal expenses, will be borne by the client.

3. Withholding Taxes

Clients are responsible for complying with any tax withholding requirements in their jurisdiction. If withholding taxes apply, the client shall remit the required amount to the applicable tax authority and provide proof of payment to IMI. The full invoice amount remains due to IMI, exclusive of any such withholding taxes. Under no circumstances will IMI bear costs arising from the client’s local tax laws or regulations.

4. Service Commitments

IMI will use its best efforts to deliver services in accordance with agreed timelines. However, these obligations are considered as best-effort commitments and not guarantees of specific results. IMI shall not be held liable for any claims made against the client by third parties, including end users or consumers.

5. Claims and Disputes

Any claims related to the services provided by IMI must be submitted in writing via registered mail to IMI’s registered office within eight (8) days of the delivery of services. Claims not submitted within this timeframe will not be considered.

6. Jurisdiction and Governing Law

These Terms and any related contracts shall be governed exclusively by the laws of British Columbia, Canada. Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of British Columbia.

7. Force Majeure

IMI shall not be liable for any failure to perform or delay in performing its obligations under these Terms due to events beyond its reasonable control, including but not limited to acts of God, natural disasters, labor disputes, government actions, or failure of suppliers.