Standard Trading Terms and Conditions

Britax Childcare Pty Ltd & Nursery Elegance Pty Ltd

(both referred to as the “Company”)

Application and Acceptance of Trading Terms

  1. All sales of Product by the Company to its Customers are subject to these Trading Terms.
  2. By providing a purchase order to the Company the Customer agree to be bound by these Trading Terms
  3. The Company may amend these Trading Terms at any time. Amendments to these Trading Terms will apply to any Purchase Order commenced on or after the date of the notification of the amendments to these Trading Terms by the Company to the Customer. The Customer’s acceptance of any amendments to the Trading Terms will be evidenced by the Customer providing a further Purchase Order to the Company after receiving notification of the amendments to the Trading Terms without the need for the Customer to provide any other formal notification of its acceptance to Company.

Ordering

4.      The Customer must order Product by providing a Purchase Order to the Company, setting out the type and quantity of Product required. For the purposes of these Trading Terms, the Customer is said to order the Product the subject of the Purchase Order.

5.      Upon the Company confirming its receipt of a Purchase Order, the Customer is bound to purchase the said Product.

  1. The Customer acknowledges that, notwithstanding anything to the contrary in these Trading Terms, the Company is free to reject any order placed by the Customer, even if the Company has confirmed receipt of a Purchase Order. The Customer further acknowledges that no obligation to supply Product is created by the Company having supplied Product to the Customer at any time in the past or as a result of any representations made by the Company.

7.      The Company will provide to the Customer a tax invoice for all Product supplied by the Company to the Customer.

Delivery

  1. The Company agrees to deliver all Product sold under these Trading Terms to the address for delivery stated in the credit application or as otherwise notified from time to time by the Customer.

9.      Product is taken to be delivered at the time the Customer acknowledges receipt of the Product. A consignment note or similar document signed on behalf of the Customer is deemed to be acknowledgement for the purposes of this clause 9.

10.   The Company will endeavour to deliver the Products sold to the Customer within fifteen (15) Business Days of the date of the Purchase Order or such later date as notified, either in writing or otherwise.

  1. Notwithstanding clause 10, the Company is not liable to the Customer for any Loss caused directly or indirectly by any delay in delivery or failure to deliver, even where the Company has been notified of the circumstances that could result in the said Loss.
  2. Notwithstanding anything to the contrary in these Trading Terms, the Company will not be liable for any failure to supply Product or perform any other acts under these Trading Terms if that is caused (whether in whole or in part) by a Force Majeure Event, and all obligations on the Company under these Trading Terms are suspended from the commencement of the Force Majeure Event until the Force Majeure Event ceases.

Price

13.   The Customer agrees to pay to the Company the Price for each Product supplied under these Trading Terms.

14.   The Price that applies to each Product is the price corresponding to that Product in the Company’s Price List, current at the date on which the Product is delivered to the Customer plus the GST incurred or that will be incurred by the Company in respect of that supply.

  1. The Customer acknowledges that the Company publishes its Price List from time to time. All prices are effective on and from the date stated to be the effective date on the Price List.

Payment terms

  1. The Customer agrees to pay all tax invoices in cleared funds and without set off within thirty (30) days from the end of the month of issue of the tax invoice.

17.   The Customer also agrees to pay the following in respect of all outstanding amounts on tax invoices:

(a)   interest at the Cash Target Rate published by the Reserve Bank of Australia at the relevant date plus 4% on the amount outstanding on the tax invoices after the due date for payment; and

(b)   all debt recovery costs incurred by the Company, including legal costs (calculated on an indemnity basis) and disbursements.

18.   Further to clause 18, the Customer acknowledges that the Company may at any time whatsoever take any measures it considers appropriate to recover outstanding amounts, including issuing legal proceedings.

19.   Notwithstanding the Company’s rights under clauses 17 and 18, where an amount is and remains outstanding, the Company may do any one or more of the following for the period during which the said amount remains outstanding:

(a)   refuse to supply any Product, including Products that have been sold to the Customer but not yet delivered;

(b)   supply Product on a cash on delivery basis; or

(c)   impose any other terms on the supply of Product that the Company considers reasonable in all the circumstances.

  1. The Company’s rights under clause 19 may be exercised with immediate effect, but only by the Company first providing to the Customer notice to that effect.

Representations

21.   The Customer acknowledges that no person may give or make on behalf of the Company any Representation in respect of a Product unless that person acts with the express written authority of a director or the secretary of the Company and the Customer obtains from that person written evidence of his or her authority to act.

22.   Notwithstanding clause 21, the Customer agrees that the only Representations made by the Company are those of which the Company notifies the Customer in writing.

  1. The Customer acknowledges the following in respect of any Representation not given in accordance with clause 21 and notified by the Company in accordance with clause 22:

(a)   the Representation is not binding on the Company; and

(b)   the Customer agrees not to rely on the Representation for any purpose whatsoever.

  1. The Company makes no Representation in respect of any Product, other than as provided for in these Trading Terms.

Sale restrictions

25.   The Customer must not sell a Product to any person unless the Product (including packaging [if any], instructions [if any], and warranty against defects in accordance with the Australian Consumer Law [if any]) is in or substantially in its original condition. For the purposes of this clause, a Product is in its original condition if, at the date of sale by the Customer, as compared with the state of the Product at the time of delivery:

(a)   there is no alteration of the state or condition of the Product;

(b)   there is no alteration or obliteration of any of the trade marks, numbers, codes or other written indicators used on or in relation to the Product or its packaging;

(c)   the Product is in its original sealed packaging (if any); and

(d)   the Product is supplied with instructions (if any) and warranty against defects in accordance with the Australian Consumer Law (if any).

26.   The Customer agrees not to sell any Product to any retailer, reseller or any other person that the Customer suspects or reasonably ought to know will or may resell the Product to another person.

  1. The Customer agrees not to sell Product from any location, other than the location specified in the Credit Application or any other location to which the Company consents in writing.

28.   The Customer agrees not to transact more than 10% of its total sales of Products in any twelve (12) month period over the internet. For the purposes of this clause, an internet sale is any sale initiated (whether in whole or part) and completed (whether in whole or part) by way of communications between the Customer and its customer by email or otherwise using the internet. Where the customer offers product via the internet, the following shall apply:

(a)   The Customer shall maintain a retail store at commercial premises whereby display stock and any related promotional merchandising endorsed by the Company supports all internet based sales;

(b)   Internet sales shall represent an incidental and not major method for achieving sales to consumers;

(c)   Internet sales shall be made through a dedicated site in which the Customer has ownership of domain naming rights; and

(d)   The Customer shall, upon request, provide to the Company a breakdown of sales made via the retail store and via the internet or telephone sales, along with documentary evidence in support.

  1. The Customer agrees to procure each of its Affiliates not to engage in conduct that would or could breach any of clauses 25 to 28 (inclusive), for the purposes of which, any reference to “the Customer” is replaced by the name of the relevant Affiliate.
  2. Any recommended or suggested price provided by the Company to the Customer for the resale of a Product is a recommended price only and there is no obligation to comply with the recommendation.

Risk and title

31.   Risk in respect of a Product passes to the Customer at the time the Product leaves the possession of the Company.

32.   Title in and to any Product passes to the Customer when the Company receives payment in full (without deduction and in cleared funds) of the Price of that Product and all monies owing by the Customer to the Company under these Trading Terms.

  1. Until payment is received by the Company in accordance with clause 32, the Customer agrees to do the following in respect of that Product:

(a)   hold the Product as bailee of the Company;

(b)   store the Product in such a manner as to make it clearly identifiable as the property of the Company; and

(c)   allow the Company at any time (including at or after the occurrence of an Insolvency Event) to enter any premises occupied by the Customer for the purpose of removing the Product; and

(d)   if the Product is sold prior to the Company receiving payment by the Company in accordance with clause 32, hold the book debt and proceeds of resale of the Product as fiduciary of the Company:

(i)       in a separate account; or

(ii)     clearly identified in the books and records of the Customer as being so held for the Company.

  1. The Customer acknowledges that:

(a)   these Trading Terms constitute a “security agreement” for the purposes of the PPSA;

(b)   under this security agreement, the Company is the “secured party”, the Customer is the “grantor” and the Product supplied by the Company to the Customer and proceeds of sale of the Product pursuant to these Trading Terms are “collateral”, including Product that is supplied to the Customer and proceeds of sale of the Product both before and after this security agreement is made;

(c)   the Customer grants a “purchase money security interest” to the Company in the Product and proceeds of sale of the Product as collateral pursuant to this security agreement for the purposes of the PPSA;

(d)   the Company has or will register its purchase money security interest and/or security interest in the Product and proceeds of sale of the Product as collateral in accordance with the PPSA;

(e)   at the Company’s request, the Customer must, at its cost, do anything considered by the Company in its absolute discretion to be necessary for the purposes of ensuring that the Company’s purchase money security interest and/or security interest are able to be registered on the Personal Property Securities Register and are enforceable, perfected and effective to give the Company priority for the purchase money security interest and/or security interest in an Insolvency Event of the Customer or otherwise;

(f)     the Company is not required to give the Customer any notice under the PPSA (including a notice of a verification statement) unless the notice is required by the PPSA and cannot be excluded.

Defective and replacement product

  1. The Customer must notify the Company in writing within fifteen (15) Business Days of delivery if:

(a)   any Product delivered is Defective at the date of delivery; or

(b)   the Product delivered does not correspond with the Purchase Order, in terms of type, quantity, variety or otherwise.

36.   Save where a Defect is not readily apparent in any reasonably conducted inspection of the Product at the time of delivery, if the Customer fails to notify the Company pursuant to clause 36, the Customer is deemed to accept the Product.

  1. If the Customer accepts Product supplied under these Trading Terms in accordance with clause 36 or otherwise, the Customer loses all rights it would otherwise have against the Company in respect of the matters referred to in clause 36.
  2. Save for any Claim under section 274 of the Australian Consumer Law, the Customer agrees that its only rights against the Company in respect of a Defective Product (including, any Loss incurred in respect of that Product) are set out in clause 39.

39.   The Company shall at its option either:

(a)   replace any Defective Product with an equivalent product (Replacement Product); or

(b)   credit the Price paid by the Customer in respect of the Defective Product (less GST)  against any debt owed by the Customer to the Company or against future purchases of Product.

  1. If the Company replaces Defective Product pursuant to clause 39(a), the Company must pay all costs associated with that replacement, including the cost of the Customer returning the Defective Product to the Company and the cost of delivering the Replacement Product to the Customer.
  2. All Replacement Product are supplied by the Company on these Trading Terms, including and without limitation clause 31 (the passing of risk).

Implied rights

42.   Nothing in these Trading Terms purports to exclude, restrict or modify, or has the effect of excluding, restricting or modifying any Implied Term, where to do so would have the effect of rendering the relevant provision void or otherwise unenforceable.

43.   Subject to clause 43, all Implied Terms and any other conditions or warranties otherwise implied by law are excluded from these Trading Terms, and the Company’s liability for a breach of any Implied Term is limited to the full extent expressly allowed for in the relevant legislation.

  1. The Customer acknowledges that it is fair and reasonable for the Company to rely on any limitation of liability under clause 43 given its rights under section 274 of the Australian Consumer Law.

Liability

45.   The Customer agrees that the Company has no liability to the Customer in respect of any Claim made under these Trading Terms or on any other ground, including negligence, in respect of any Loss incurred or likely to be incurred by the Customer as a result (whether directly or indirectly and whether in whole or in part) of:

(a)   the supply and delivery of the Product by the Company to the Customer and/or the storage, advertising and/or sale of the Product by the Customer; or

(b)   the Company otherwise acting in accordance with these Trading Terms or any Purchase Order provided by the Customer to the Company under these Trading Terms.

  1. To the extent necessary to give effect to clause 45, the Customer waives any right it has or may have to make or pursue any Claim against the Company and otherwise releases the Company in respect of that Loss and/or Claim.
  2. The limitation of liability in clause 45 does not apply to the following:

(a)   any Losses incurred directly by the Customer as a result of the Company’s wilful misconduct or gross negligence; or

(b)   any Claim by the Customer pursuant to section 274 of the Australian Consumer Law.

48.   The Customer hereby indemnifies and agrees to hold the Company, its officers, directors, employees, successors, and assigns harmless against all Loss (including Losses resulting from Claims made against the Company by end-users of any Product) resulting (whether directly or indirectly and whether in whole or part) from:

(a)   any Representation made (whether expressly or by implication) by the Customer in respect of the Product; and

(b)   any advice or services provided by the Customer to an end-user, including advice or instruction on how to fit or operate the Product,

save to the extent that the Representation or advice or services is consistent with the information provided in writing by the Company to the Customer.

  1. The obligations in clause 48 survive the expiration or termination of these Trading Terms.

Intellectual Property

50.   The Customer acknowledges that the Product IP is the exclusive property of the Company.

51.   The Customer agrees not to use any Company Trade Mark:

(a)   save with the prior written consent of the Company and only in accordance with any directions provided by the Company; and

(b)   otherwise in any manner whatsoever that would, or would be likely to, prejudice the continued registration of the Company Trade Marks under the Trade Marks Act 1995 (Cth) or give rise to cancellation or suspension from registration of any Company Trade Mark.

  1. The Customer agrees not to conduct its business in any manner that detrimentally affects or could detrimentally affect the value, market profile or Goodwill attached to any Company Trade Mark.

53.   The Customer agrees not to do or cause to be done any act or thing that could in any way impair any part of the Company’s right, title or interest in the Product IP, including and without limitation, by reverse engineer any Product.

  1. The Customer agrees to procure its Affiliates not to engage in any conduct that would, if undertaken by the Customer, constitute a breach of any of clauses 51 to 54 (inclusive).

Confidentiality

55.   Any Confidential Information of a Party disclosed to or otherwise obtained by the other Party (or an Affiliate of that other Party) under or in connection with these Trading Terms must:

(a)   not be used by the receiving Party for any purpose other than the promotion and sale of Product; and

(b)   be kept confidential and must not be disclosed by the receiving Party to any other person, except to the extent permitted under clause 56.

56.   Confidential Information may be disclosed to the extent that such disclosure is:

(a)   required by law; or

(b)   to an Affiliate of the receiving party, but only if the receiving Party:

(i)       notifies the Affiliate in writing that the information is confidential and instructs the Affiliate not to engage in any conduct that (if engaged in by the receiving Party) would breach clause 55; and

(ii)     uses its best endeavours to ensure that the said Affiliate acts in accordance with the instructions referred to in clause 56(b)(i).

Termination

  1. The Company may terminate these Trading Terms with immediate effect by notice in writing in any of the following circumstances:

(a)   the Customer breaches any of the Trading Terms and fails to remedy the said breach within thirty (30) days of the date of a notice in writing;

(b)   the Customer breaches any of the Trading Terms, which breach is not capable of remedy;

(c)   the Customer suffers an Insolvency Event; or

(d)   any amount owing to the Company remains outstanding for thirty (30) days or more.

  1. All amounts due to the Company under these Trading Terms, whether or not the said amounts are payable, must be paid to the Company on termination.

General provisions

  1. Any notice required to be sent under these Trading Terms shall be sent or delivered to:

(a)   the Customer: the postal address or fax number or email address set out in the Application; or

(b)   the Company: the postal address Britax Childcare Pty Ltd, 99 Derby Road, Sunshine VIC 3020, Australia;

or to such other address that a Party may from time to time designate in writing.

  1. All notices referred to in these Trading Terms or other communications are deemed to have been duly given or made:

(a)   two (2) Business Days after being deposited in the mail with postage pre-paid;

(b)   if delivered by facsimile, when the activity report confirms successful transmission; and

(c)   if delivered by e-mail, at the time the e-mail is sent.

  1. Without limiting the Company’s rights under law or in equity, the Company and its Affiliates, collectively or individually, may at any time set off any amount owing to the Customer and/or its Affiliates by the Company against any amount owing to the Company by the Customer. For the purposes of this clause, the Company and its Affiliates are deemed to be a single creditor.
  2. These Trading Terms, together with any Application constitute the entire agreement between the Parties with respect of the subject matter hereof.

63.   A waiver of a provision or of a right arising under these Trading Terms may only be given in writing by the Party granting the waiver.

64.   If any provision of these Trading Terms is void, voidable, unenforceable or illegal, but would not be void, voidable, unenforceable or illegal if it were read down and, it is capable of being read down, that provision will be read down accordingly.

  1. If, notwithstanding clause 64, a provision is still void, voidable, unenforceable or illegal:

(a)   if the provision would not be void, voidable, unenforceable or illegal if a word or words were omitted, that word or those words are severed; and

(b)   in any other case, the whole provision is severed,

and the remainder of these Trading Terms will remain in full force and effect.

  1. None of these Trading Terms, or anything done under or by virtue of these Trading Terms will operate as a merger of any of the rights and remedies of the parties, and those rights and remedies will at all times continue in force.
  2. The Parties agree that the United Nations Convention on Contracts for International Sale of Goods does not apply to the supply of Products pursuant to these Trading Terms.
  3. This Agreement is governed by the laws of Victoria and each party irrevocably and unconditionally submits to the exclusive jurisdiction of the courts of that State.

Definitions

  1. For the purposes of these Trading Terms, unless the context otherwise indicates:

Affiliate of a Party means:

(a)        a “related body corporate” of that Party, as that term is defined in the Corporations Act (Related Body Corporate); or

(b)        a director, officer, employee, agent, subcontractor, consultant or adviser of that Party or of a Related Body Corporate of that Party;

Application means any credit application submitted by the Customer to the Company;

Australian Consumer Law means the legislation set out in Schedule 2 of the Competition and Consumer Act 2010 (Cth) and any regulations made under the Competition and Consumer Act 2010 (Cth);

Business Day means a day that is not a Saturday, Sunday or a public holiday or bank holiday in Melbourne, Australia;

Claim means any claim, allegation, suit, action, demand, cause of action or proceeding (including any prosecution by any statutory authority, in which the authority seeks a pecuniary penalty), irrespective of:

(a)       when it arises;

(b)       whether or not it is actual or contingent; or

(c)       whether or not it is at law (including under contract or tort), in equity or under statute;

Company means Britax Childcare Pty Ltd ACN 006 773 600 when Product is supplied to the Customer by that entity, and Company means Nursery Elegance Pty Ltd ACN 122 443 387 when Product is supplied to the Customer by that entity;

Company Trade Mark means any Trade Mark in respect of which the Company promotes for sale, offers for sale or sells any Product and any Trade Mark that is misleadingly or deceptively similar to the said Trade Mark;

Corporations Act means the Corporations Act 2001 (Cth);

Confidential Information means the information (including information that comes to either Party’s attention directly or indirectly by reason of the other Party acting in accordance with these Trading Terms) that a Party would reasonably consider to be confidential and includes (without limitation): 

(a)        marketing plans, financial information (including pricing), customer lists and information, customer trading terms, equipment, processes, methods, operating conditions and formulae;

(b)        drawings, specifications, data sheets and other written material howsoever recorded and stored whether manually, mechanically, electronically or otherwise,

but does not include information that:

(i)         was at the time of disclosure in the public domain or subsequently enters the public domain (unless the information entering the public domain was in breach of these Trading Terms or other confidentiality obligations);

(ii)        is lawfully obtained by the receiving Party from a third party and is not subject to a pre-existing obligation of confidentiality; or

(iii)       was known by the receiving Party before it was disclosed under or in connection with these Trading Terms;

Customer means the company or person or persons identified as the customer on the Application or any Affiliate of that company or person or persons;

Defective in terms of a Product means a Product that, in the reasonable opinion of the Company, is rendered inoperable, non-compliant with any relevant mandatory Australian Standard or otherwise unsaleable, whether that is the result of a defect in the Product (whether latent or otherwise), damage to the Product or any other cause;

Force Majeure Event means any event, act or cause over which the Company has less than a material influence or control, which hinders, prevents or otherwise affects the Company’s ability to discharge its obligations under these Trading Terms, which event, act or cause include any act of God, flood, fire, damage caused by lighting, storm or any other adverse weather condition, road blockage, labour dispute, strike, act of war or terrorism, breakdown of plant or machinery or enactment of any government agency or authority;

Goodwill means the goodwill of the Company’s business relating to the Product and associated with the Trade Marks;

Implied Term means any condition or warranty implied by legislation, including the Australian Consumer Law and any other Federal, State or Territory legislation concerning consumer protection, fair trading or the sale of goods or services;

Insolvency Event means the happening of one or more of the following events:

(a)        except for the purpose of a solvent reconstruction or amalgamation which has the prior written consent of the other parties:

(i)         an application for, or an order is made that a company be wound up or that a controller (as defined in the Corporations Act 2001) be appointed to it or any of its assets; or

(ii)        a resolution that  a company be wound up is passed;

(b)        a liquidator, provisional liquidator, controller (as defined in the Corporations Act 2001) or any similar officer is appointed to, or takes possession or control of, all or any of a company’s assets or undertaking;

(c)        an administrator is appointed to a company;

(d)        a company enters into, or resolves to enter into, an arrangement, compromise or composition with any of, or any class of, its creditors or shareholders, or an assignment for the benefit of any of, or any class of, its creditors, or process is filed in a court seeking approval of any such arrangement, compromise or composition;

(e)        a reorganisation, moratorium, deed of company arrangement or other administration involving  one or more of a company’s creditors is proposed or effected;

(f)         a company is unable to pay its debts as and when they fall due or is presumed to be insolvent under any applicable law;

(g)        as a result of the operation of section 459F(1) of the Corporations Act, a company is taken to have failed to comply with a statutory demand;

(i)         a company or person stops or suspends or threatens to stop or suspend:

(i)         the payment of all or a class of its debts; or

(ii)        the conduct of all or a substantial part of its business; or

(j)         anything having a substantially similar effect to any of the events specified in sub-paragraphs (a) to (i) happens to a company under the law of any jurisdiction;

Intellectual Property means any rights in or to any patent, copyright, database, registered design or other design right, utility model, Trade Mark, eligible layout right, chip topography right, and any other rights of a proprietary nature in or to the results of intellectual activity in the industrial, commercial, scientific, literary or artistic fields, whether registrable or not and wherever existing in the world, including all renewals, extensions and revivals of, and all rights to apply for, any of the foregoing rights;

Loss means any damage, debt, loss, foregone profit, penalty, fine, expense, liability or costs (whether incurred or contingent);

Party or Parties means the Company or the Customer, or both;

PPSA means the Personal Property Securities Act 2009 (Cth) and any regulations made under the Personal Property Securities Act 2009 (Cth);

Price means the total amount payable in respect of a Product under clause 14;

Product means any Britax, Safe-N-Sound, or Steelcraft branded products, or any other products supplied or to be supplied by the Company to the Customer;

Product IP means any Intellectual Property subsisting in or otherwise associated with a Product;

Purchase Order means the document provided by the Customer to the Company pursuant to clause 4;

Replacement Product has the meaning provided for in clause 39(a);

Representation means undertaking, assertion, claim, statement, warranty, admission or other representation, whether express or implied;

Trade Mark means any trademark, trade name, service mark or brand name (whether registered or not and including any rights in get up or trade dress); and

Trading Terms means the terms and conditions set out in this document.