GENERAL TERMS AND CONDITIONS

Governed by and construed in accordance with the laws of Hong Kong Special Administrative Region (HKSAR)

DEFINITIONS

"Supplier" means Faze 2 Design Limited and its subsidiary company selling products to the Customer as identified in Faze 2 Design Limited's Quotation or Invoice.
"Customer" means the person or legal entity identified in Faze 2 Design Limited Quotation or Invoice.
"Contract" means a contract for sale by Faze 2 Design Limited to the Customer of the products and/or services incorporating the Terms and Conditions.

1. BASIC TRADE CONDITIONS

1.1 Prices calculated by supplier are based upon sample details and / or changes requested by customers. The supplier reserves the right to increase its selling price when changes were not informed before new or approval samples are made
1.2 All contracts shall be greater than USD 5000 per shipment. Shall contract formed fall below this amount, the supplier reserves the right to imply additional processing charges where necessary
1.3 Minimum quantity for bags will be 500 pieces per style and 250 pieces per color and wallets will be 800 pieces per style and 400 pieces per color.
1.4 Sample cost will be USD 30.00 each piece made upfront. The supplier will confirm sample completion date when all required money is received and confirmed by our corresponding bank.

Details as below:

BENEFICIARY NAME:	Faze 2 Design Limited
BANK:	BNP PARIBAS HONG KONG BRANCH 59-63/F, Two Int’l Finance Center 8 Finance Street, Central Hong Kong
BENEFICIARY ACCOUNT:	00001-203228-001-03
BENEFICIARY NAME:	Faze 2 Design Limited
SWIFT CODE:	BNPAHKHH

2. FORMATION OF CONTRACT

2.1 No Contract shall come into existence until the Customer's order has been accepted and or acknowledge by the supplier and the customer has received such acceptance. The contract shall deem to be accepted when the supplier issues a Performa invoice to the customer within 7 days after the purchase order has been sent by corresponding media.
2.2 The products sold and/or services rendered are subject to the Terms and Conditions to the exclusion of any other terms and conditions stipulated or referred to by Customer. The Customer acknowledges that it is aware of the contents of and agrees to be bound by the Terms and Conditions. Products presented on the contract are binding. Shall customer change any items outlined on the contract, the supplier reserve the right to charge any costs and losses incurred

3. PRICE AND PAYMENT

3.1 Customer shall bear all country, provincial, government, state and local sales, use, goods and services, value added, excise, privilege and similar levies/taxes.
3.2 Time for payment is of the essence or as agreed on contract. Supplier will charge interest at the rate of 2% or more (according to bank rate) per week for late payment at compound interest.

4. PRODUCTS

4.1 All products, designs, service and intelligence provided are exclusive to the supplier and the customer. Customer acknowledges its obligations to abide by such agreement. Customer acknowledges that the supplier’s product or service or intelligence will not be infringed in anyway. Should any infringement occurs, the supplier will take appropriate legal action against parties involved in the infringement
4.2 All rights, title or interest in respect of the intellectual property rights remain with the supplier at all times

5. TITLES AND RISK

5.1 Title to and risk in the products shall pass to the Customer upon delivery of the products to the Customer.

6. DELIVERY

6.1 Supplier shall deliver the products to the place of delivery designated by Customer and agreed by Supplier ("Place of Delivery").
6.2 The supplier reserves the right to provide the confirmed ex factory schedule prior to receiving buyers confirmation against pre-production samples sent.

7. ACCEPTANCE OF COUNTER SAMPLES, FABRICS AND PRODUCTION SAMPLES

7.1 Unless the Customer notifies supplier to the contrary on the day of delivery and such notification is confirmed by corresponding media within 7 days of sending date, the Products shall be deemed to have been accepted by the Customer as being in good condition and in accordance with the Contract. The Customer shall not be entitled to withhold production and/ or payment of all or any of the Products whilst the supplier is investigating any claim
7.2 Shall any defects goods are found, at least 3 Pieces of the “defected” products along with any other required information must be sent back to the supplier for investigation before any claims / penalties can be made.

8. LIABILITY

8.1 Supplier shall not be liable in contract or in tort for any loss or damage suffered and customer rights are limited to those set out in these Terms and Conditions and under statute. The Customer shall indemnify the supplier and keep supplier fully and effectively indemnified against any loss of or damage to any property or injury to or death of any persons caused by any negligent act or omission or willful misconduct of product sold to the Customers’ client, its employees, agents or sub-contractors or by any breach of its contractual obligations arising out of these Terms and Conditions