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Conditions of buying and delivery
Division Supply Chain and logistics
Table ofcontent
1. Delivery schedule
2. Payment/discount/Indemnity
3. Delivery and packing
4. Shipping documents
5. Returns
6. Litigation
7. Annex
Theconditions listedbelow, designatethe procurement responsibilities between thetwo
parties namely vendor (seller) and a subsidiary of thegroup Aksal (buyer). Theseconditions
have theobjective toguide thetwoparties to fulfill their responsibilities and toresolve any
disagreement or failure.
1. Delivery schedule:
 Theseller shall provide the timing of the forecast deliveries at thebeginning of the
season as well as theholiday calendar. If theseller does not respect the timing of the
window delivery agreed upon in theorder confirmation, the buyer is entitled to cancel or
obtain thegoods at a discount rate.
 Thesupplier shall also inform the buyer of any cancellation in theconfirmed purchase
order orProforma.
2. Payment:
 Following the Law of Moroccan Foreign ExchangeOffice, the terms of payment as far as
abroad payments are concerned:
 100%in advance if the totalamount doesn’t exceedEUR 8,500.00 ;
 30%in advance, 70%after totaldelivery;
 30%in advance, 70%with a Letterof Credit ;
 100%with aLCregardless of the totalamount ;
 100%aftertotaldelivery regardless of the amount.

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In order to issueany foreign payments, aPROFORMA invoicemust bepresented in respect to
theFinance law number5892 of 11-18-2010 Articlenumber10.
 Consignee
 Incoterm
 Payment terms
 Country of origin of thegoods
 Place of shipping departure
 Quantity in measurable units
 Currency and totalvalue
** Following theauthorities’ requirements, commercial discounts must beapplied totheunit
price, not thetotalvalue of theinvoice; and without thediscount being displayed in the
invoice in order tobenefit from the customs duties’ reduction on thedue value.
3. Delivery and packing:
 Thesupplier shall send a pickup order tothe transportation carrier 48 hours before the
collection andno later than Wednesday in order tocatch weekly departures. In the
event that there is a postponement oranychange of theconfirmed pickup date, both
parties shall notifyeach other whilst keeping the buyerinformed.
 Thebuyer may not be held liable for any defects in the box that are incurred before
reception by thecarrier. Seller shall be responsible forensuring theproper stacking of
boxes on thepallet and thecorrect packaging of goods following security norms. If not,
thecarrier has the right to refusereception or takenote of any missing or damaged
packages and reporting this if needed within three days.
4. ShippingDocuments:
Thesupplier needs toverify and provide the correct shipping documents corresponding to
theshipped goods in order toavoid anyproblems with theMoroccan authorities either at
thecustoms clearance or while issuing the payment through thebank.
Theseller is obliged to provide thefollowing documents as required by Moroccan law:
Commercial invoice on the seller’s headletterspecifying:
 Thename and address of thelegal consignee company;
 Thedate and invoice number;

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 Theunit price, expressedin value and currency;
 Thequantity expressedin appropriate units of measure;
 Theitems description of thegoods with HS codes;
 TheIncoterm + delivery or loading address;
 Payment terms;
 Countries of origin of items.
Packinglistenumeratingfor each package:
 Label;
 Number;
 Gross andnet weight in kilograms;
 Dimensions in centimeters in thefollowing order: length –width-height;
 Thedetail of its content by reference and quantity.
The transportationdocument: thisdocumentis issued by the freightforwarderin
collaborationwith the seller:
 TheBill of Lading, for maritime transportation;
 CMRfor road transporation;
 LTA orAirwaybill (AWB) forair transportation.
The Certificate ofOrigin: Thesellermust workwith theappointedfreight forwarder to
develop documents allowing the free movement of goods according tothefree trade
agreements with Morocco tobenefit thebuyer of rebates on tariffs:
 Products from theEuropean Union must becovered by EUR1 (seeannex) specifying the
exact weight of preferential origin.
 Products from Turkey, Tunisia, Switzerland, Jordan, Egypt, Norway, Liechtenstein, and
Iceland shouldbe covered by the EUR-MED (seeannex) specifying the exact weight of
preferential origin.
In the case that thetotalvalue shippedis less than € 6,000.00 andtheseller has a customs
authorization, it is not obligated to establish one of thedocuments listedabove. However, the
seller must includethe mention *in the invoice as many times as theagreement changes, and
make sureto submit theoriginal invoice duly signed andstamped.
* The exporter ofproducts covered by thisdocument(customs authorizationNo ...)

4. 4
declares that, exceptwhere otherwise clearly indicated, these products are of...
preferential origin).
Other Documents relatingto specificproducts
 Cosmetic products:
Theseller must deliver the Free Sale Certificate (FSC) of theordered items tothe buyer
prior to shipping sothat the buyer is able tosubmit its application foran import permit to
theHealth Ministry.
 Food products:
Theseller must sendthecorrect CERTEX documentation (seeannex) before exporting the
food products, sothat thebuyer can submit it forapproval by theparties concerned. In
case theseller has already dispatched thegoods with adefective CERTEX without
validation by thebuyer, theproducts will be blocked at the customs andtheseller will be
liable for any losses.
 Digital products with Wi-Fi and Bluetooth
Thetelecommunication equipment intended tobe connected toa public
telecommunications networkandradio facilities is subject toprior approval by the
National Agency of Telecommunications Regulation (ANRT).
Thedocuments tobe prepared by the seller before shipping are thefollowing:
 Datasheet
 Userguide
 Conformity certificate
5. Returns:
 In the case of receiving invoiced but non-ordered items, theparties shall agree on either
a discount basedon thevalue of thelanded cost or afull return of theitems charged on
thesupplier in addition tothe refund of the paid import customs duties by thebuyer.
 Concerning remaining stockafter sales period, both parties shall concur on amutual
arrangement that will minimize theincurred loss in theexception of purchases
conditioned for consignment wherethe seller must takein charge all theformalities to
retract unsoldstock.
6. Litigation:

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 Theseller must ensurethat all products shippedmeet thelabeling standards depending
on thenatureof each (textiles, shoes, electronic device, food, cosmetics, accessories
and furniture).
 In any event, the totalamount delivered by thesupplier exceeds the amount orthe
quantities accountedfor in thereceipt caused by a missing document oran error in the
pricing; the supplier needs topay forthe penalty imposedby thecustoms at thefinal
destination.
 In any event that there is afalse declaration of origin on theshipping document, the
supplier shouldbe held responsible forits error with the Moroccans authorities and
provide all thenecessary information and documentation torestoretrust between the
Moroccan authorities and thebuyer as well as taking in charge thepenalties.
 In the event that theseller delivers obsolete products/defective or nonconforming as a
result of non-compliance toone of its responsibilities, thebuyers is entitledto refuseor
return theproducts at the seller’s care andreceive a refund or a replacement of the
order.
Force Majeure
 Neither the Buyer nor theseller shall be liable for any failure to perform due toany cause
beyond their reasonable control and without theirfault or negligence. Such causes
include, but are not limited to, acts of Godor of the public enemy, acts of the
government in its sovereign or contractualcapacity, fires, floods, epidemics, terrorism,
quarantine restrictions, strikes, freight embargoes, and unusually severe weather. In the
event that performance is affected due toany of these reasons, then the purchaseorder
shall be completed with adjustments from both sides.

6. 6
7. Annex
EUR-MED EUR1
CERTEX

7. 7

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