Common use of Purchase Price and Payment Terms Clause in Contracts

Purchase Price and Payment Terms. The purchase price for the Supply was set on the basis of the Seller’s bid submitted within the Tender Procedure as the maximum price that cannot be exceeded, in the amount of EUR 114.993,00 excl. VAT (hereinafter the “Purchase Price”). The Purchase Price is exclusive of VAT paid in the Czech Republic which will be paid by the Buyer. The Purchase Price includes all the costs related to the performance of the subject of this Contract. The Purchase Price for the subject of performance set out in Art. III. hereof is the maximum permissible price. The Purchase Price is independent of the development of prices and changes in the foreign exchange rates. The Purchase Price shall be due in two instalments: 20% of the Purchase Price shall be invoiced by the Seller upon execution of this Contract 80% of the Purchase Price shall be invoiced by the Seller upon issuance of the delivery note regarding the last delivered Substrate (s) according to art. 8.2 hereof. Invoices shall be payable within thirty (30) days from the date of their delivery to the Buyer (hereinafter the "Maturity Period"). Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include particularly the following details: the business name/designation and registered office of the Buyer the tax identification number of the Buyer the business name/designation and registered office of the Seller the tax identification number of the Seller the registration number of the tax document the scope and object of the supply the date of issue of the tax document the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document the price of the supply a declaration that the charged supply is provided for the purposes of the "XXX: EXTREME LIGHT INFRASTRUCTURE – phase 2“ project, reg. No. CZ.02.1.01/0.0/0.0/15_008/0000162. and must also be in conformity with any double taxation treaties applicable to the given case. If a tax document – invoice is not issued in conformity with the payment terms stipulated by the Contract the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyer. In that case, the Buyer is not in delay in payment of the purchase price or part thereof and the Seller shall issue a corrected invoice with a new identical Maturity Period, which shall commence on the date of delivery of the corrected or newly issued tax document – invoice to the Buyer. The Buyer’s invoicing details are set out in Art. I hereof.

Purchase Price and Payment Terms. 1. The purchase price Purchase Price for the Supply was set on the basis of the Seller’s bid submitted within the Tender Procedure as Delivery is the maximum price that cannot be exceededexceeded and is stated in Annex no. 3 – Price list without value added tax, in the amount of EUR 114.993,00 excl. VAT (hereinafter the “Purchase Price”). 2. The Purchase Price is Unless provided otherwise in this Contract, all the prices in this Contract are exclusive of VAT paid in the Czech Republic value added tax, which will shall be paid by according to the Buyerapplicable regulations or international agreements. 3. The Purchase Price includes all the costs related to with the performance of the subject Contract, including the cost of this Contract. The Purchase Price for transport of the subject Devices to the place of performance set out in Art. III. hereof is delivery, the maximum permissible pricecosts of Verification and Training, the costs of insurance including unloading until the Delivery , licenses, taxes and fees, etc. The Purchase Price is independent fixed and shall not be changed regardless of the development changes of prices and or changes in the foreign exchange rates. 4. The Purchase Price shall be due in two instalments: 20% paid after the signature of the Handover protocol. 5. The Buyer shall pay the Purchase Price shall be invoiced on the basis of an invoice issued by the Seller upon execution of this Contract 80% of the Purchase Price shall be invoiced by the Seller upon issuance of the delivery note regarding the last delivered Substrate (s) according to art. 8.2 hereofSeller. 6. Invoices shall be payable within thirty (30) days from of the date of their delivery to the Buyer (hereinafter Buyer. Invoices will be issued separately for the "Maturity Period")two projects BIATRI and HiLASE XxX based on the instructions of the Buyer. Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include particularly the following details: ‐ the business name/designation and registered office of the Buyer ‐ the tax identification number of the Buyer ‐ the business name/designation and registered office of the Seller ‐ the tax identification number of the Seller ‐ the registration number of the tax document ‐ the scope and object of the supply Delivery or Services ‐ the date of issue of the tax document ‐ the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document ‐ the price ‐ the registration number of the supply Contract, which the Buyer shall communicate to the Seller at his request before the invoice is issued ‐ a declaration that the charged supply price is provided for the purposes of the "XXXAdvanced designing of functional materials: EXTREME LIGHT INFRASTRUCTURE From mono – phase 2“ projectto I –And TRI‐ chromatic excitation with tailored laser pulses, reg. No. CZ.02.1.01/0.0/0.0/15_008/0000162CZ.02.1.01/0.0/0.0/15_003/0000445” or „HiLASE Centre of Excellence, reg. and no: CZ.02.1.01/0.0/0.0/15_006/0000674“. must also be in conformity comply with any double taxation treaties applicable to the given case. 7. The last invoice in each calendar year must be delivered by the Seller to the Buyer’s no later than by December 15 of the given calendar year. If a tax document – invoice is does not issued in conformity comply with the payment terms stipulated by the Contract or if it does not comply with the requirements stipulated by law or if it is not delivered to the Buyer by the aforementioned date, the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyer. In that case, the Buyer is not in delay in payment of the purchase Purchase price or part thereof or the Price for Services and the Seller shall issue a corrected invoice with a new identical Maturity Period, which shall commence on the date of delivery of the corrected or newly issued tax document – invoice to the Buyer. 8. The Buyer’s invoicing details are set out in Art. I hereof.

Purchase Price and Payment Terms. 1. The purchase price Purchase Price for the Supply was set on the basis of the Seller’s bid submitted within the Tender Procedure as Delivery is the maximum price that cannot be exceededexceeded and is stated in Annex no. 3 – Price list without value added tax, in the amount of EUR 114.993,00 excl. VAT (hereinafter the “Purchase Price”). 2. The Purchase Price is Unless provided otherwise in this Contract, all the prices in this Contract are exclusive of VAT paid in the Czech Republic value added tax, which will shall be paid by according to the Buyerapplicable regulations or international agreements. 3. The Purchase Price includes all the costs related to with the performance of the subject Contract, including the cost of this Contract. The Purchase Price for transport of the subject Devices to the place of performance set out in Art. III. hereof is delivery, the maximum permissible pricecosts of Verification and Training, the costs of insurance including unloading until the Delivery , licenses, taxes and fees, etc. The Purchase Price is independent fixed and shall not be changed regardless of the development changes of prices and or changes in the foreign exchange rates. 4. The Purchase Price shall be due in two instalments: 20% paid after the signature of the Handover protocol. 5. The Buyer shall pay the Purchase Price shall be invoiced on the basis of an invoice issued by the Seller upon execution of this Contract 80% of the Purchase Price shall be invoiced by the Seller upon issuance of the delivery note regarding the last delivered Substrate (s) according to art. 8.2 hereofSeller. 6. Invoices shall be payable within thirty (30) days from of the date of their delivery to the Buyer (hereinafter the "Maturity Period")Buyer. Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include particularly the following details: ‐ the business name/designation and registered office of the Buyer ‐ the tax identification number of the Buyer ‐ the business name/designation and registered office of the Seller ‐ the tax identification number of the Seller ‐ the registration number of the tax document ‐ the scope and object of the supply Delivery or Services ‐ the date of issue of the tax document ‐ the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document ‐ the price ‐ the registration number of the supply Contract, which the Buyer shall communicate to the Seller at his request before the invoice is issued ‐ a declaration that the charged supply price is provided for the purposes of the "XXX" Advanced designing of functional materials: EXTREME LIGHT INFRASTRUCTURE From mono – phase 2“ projectto I –And TRI‐ chromatic excitation with tailored laser pulses”, reg. No. CZ.02.1.01/0.0/0.0/15_008/0000162. and CZ.02.1.01/0.0/0.0/15_003/0000445” ‐ must also be in conformity comply with any double taxation treaties applicable to the given case. 7. The last invoice in each calendar year must be delivered by the Seller to the Buyer’s no later than by December 15 of the given calendar year. If a tax document – invoice is does not issued in conformity comply with the payment terms stipulated by the Contract or if it does not comply with the requirements stipulated by law or if it is not delivered to the Buyer by the aforementioned date, the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyer. In that case, the Buyer is not in delay in payment of the purchase Purchase price or part thereof or the Price for Services and the Seller shall issue a corrected invoice with a new identical Maturity Period, which shall commence on the date of delivery of the corrected or newly issued tax document – invoice to the Buyer. 8. The Buyer’s invoicing details are set out in Art. I hereof.

Purchase Price and Payment Terms. 1. The purchase price for the Supply was set on the basis of the Seller’s bid submitted within the Tender Procedure as the maximum price that cannot be exceeded, in the amount of Device is 79 999 EUR 114.993,00 excl. VAT without value added tax (hereinafter the “Purchase Price”). 2. The value added tax shall be paid according to the applicable law or international agreements. 3. The Purchase Price is exclusive of VAT paid in the Czech Republic which will maximum price for performing this Contract that cannot be paid by the Buyerexceeded. The Purchase Price includes all the costs related to the performance of the subject Contract, including the cost of this Contracttransport of the Device to the place of delivery, customs (if applicable), licenses and fees, etc. The Purchase Price is fixed and shall not be changed regardless of the changes of subsuplier prices or changes in the foreign exchange rates. 4. The Purchase Price for the subject Device shall be paid on the basis of performance set out a tax document – invoice, to the account of the Seller specified in Art. III. hereof is the maximum permissible priceinvoice. The Purchase Price Seller is independent entitled to issue the invoice after execution of the development acceptance protocol. Copy of prices and changes in the foreign exchange ratesacceptance protocol must be attached to the invoice. The Purchase Price invoice shall have only the electronic form and shall be submitted to the email address: xxxxxxxx@xxx.xx. 5. The invoiced amount is due in two instalments: 20% of the Purchase Price shall be invoiced by the Seller upon execution of this Contract 80% of the Purchase Price shall be invoiced by the Seller upon issuance of the delivery note regarding the last delivered Substrate (s) according to art. 8.2 hereof. Invoices shall be payable within thirty (30) days from of the date of their delivery of the invoice to the Buyer (hereinafter Buyer. If the "Maturity Period")invoice stipulates different due period such period is deemed irrelevant and the period stipulated herein applies. Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include particularly the following details: - the business name/designation and registered office of the Buyer - the tax identification number of the Buyer - the business name/designation and registered office of the Seller the tax identification number of the Seller - the registration number of the tax document - the scope and object subject matter of the supply delivery - the date of issue of the tax document - the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document - the price - the registration number of the supply a Contract, which the Buyer shall communicate to the Seller at his request before the invoice is issued - declaration that the charged supply is provided performance of the Contract was executed for the purposes of the "XXX: EXTREME LIGHT INFRASTRUCTURE – phase 2“ projectproject “HiLASE Centre of Excellence“, reg. No. CZ.02.1.01/0.0/0.0/15_008/0000162. number: CZ.02.1.01/0.0/0.0/15_006/0000674 and must also be in conformity comply with any double taxation treaties applicable to the given case. If a tax document – invoice is not issued in conformity with the payment terms stipulated by the Contract the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyer. In that case, the Buyer is not in delay in payment of the purchase price or part thereof and the Seller shall issue a corrected invoice with a new identical Maturity Period, which shall commence on the date of delivery of the corrected or newly issued tax document – invoice to the Buyer. 6. The Buyer’s invoicing details are set out in Art. I hereof.

Purchase Price and Payment Terms. The purchase price Purchase Price for the Supply was set on the basis of the Seller’s bid submitted within the Tender Procedure as Delivery is the maximum price that cannot be exceededexceeded and is 13 014 EUR without value added tax, in the amount of EUR 114.993,00 excl. VAT (hereinafter the “Purchase Price”). The Purchase Price is Unless provided otherwise in this Contract, all the prices in this Contract are exclusive of VAT paid in the Czech Republic value added tax, which will shall be paid by according to the Buyerapplicable regulations or international agreements. The Purchase Price includes all the costs related to with the performance of the subject Contract, including the cost of this Contract. The Purchase Price for transport of the subject Device to the place of performance set out in Art. III. hereof is delivery, the maximum permissible pricecosts of Verification and Training, the costs of insurance including unloading until the Delivery , licenses, taxes and fees, etc. The Purchase Price is independent fixed and shall not be changed regardless of the development changes of prices and or changes in the foreign exchange rates. The Purchase Price shall be due in two instalments: 20% paid after the signature of the Handover protocol. The Buyer shall pay the Purchase Price shall be invoiced on the basis of an invoice issued by the Seller upon execution of this Contract 80% of the Purchase Price shall be invoiced by the Seller upon issuance of the delivery note regarding the last delivered Substrate (s) according to art. 8.2 hereofSeller. Invoices shall be payable within thirty (30) days from of the date of their delivery to the Buyer (hereinafter the "Maturity Period")Buyer. Payment of the invoiced amount means the date of its remitting to the Seller’s account. In conformity with the applicable tax regulations of the Czech Republic, the tax documents – invoices issued by the Seller hereunder shall include particularly the following details: the business name/designation and registered office of the Buyer the tax identification number of the Buyer the business name/designation and registered office of the Seller the tax identification number of the Seller the registration number of the tax document the scope and object of the supply Delivery or Services the date of issue of the tax document the date of the supply or the date of acceptance of the consideration, whichever is earlier, if it differs from the date of issue of the tax document the price the registration number of the supply Contract, which the Buyer shall communicate to the Seller at his request before the invoice is issued a declaration that the charged supply price is provided for the purposes of the "XXX: EXTREME LIGHT INFRASTRUCTURE – INFRASTRUCTURE“ project phase 2“ projectII, reg. No. CZ.02.1.01/0.0/0.0/15_008/0000162. and CZ 02.1.01/0.0/0.0/15_008/0000162d must also be in conformity comply with any double taxation treaties applicable to the given case. The last invoice in each calendar year must be delivered by the Seller to the Buyer’s no later than by December 15 of the given calendar year. If a tax document – invoice is does not issued in conformity comply with the payment terms stipulated by the Contract or if it does not comply with the requirements stipulated by law or if it is not delivered to the Buyer by the aforementioned date, the Buyer is entitled to return the tax document – invoice to the Seller as incomplete, or incorrectly issued, for supplementation or issue of a new invoice, as appropriate, within five (5) business days of the date of its delivery to the Buyer. In that case, the Buyer is not in delay in payment of the purchase Purchase price or part thereof or the Price for Services and the Seller shall issue a corrected invoice with a new identical Maturity Period, which shall commence on the date of delivery of the corrected or newly issued tax document – invoice to the Buyer. The Buyer’s invoicing details are set out in Art. I hereof. VI.