GENERAL TERMS AND CONDITIONS OF SALE

The invoices provided by BelSquare must be paid, except in the case of exceptional delay stated on the invoice, within 15 days from the date of issue.

In the event of non-payment, the outstanding amount will be increased, without prior warning or notification, by i) a default interest rate applicable to the fight against payment delays in commercial transactions, increased by 1% of the invoice amount from the due date of the invoice to full payment. (ii) a fixed remuneration of 10% of the outstanding amount with a minimum of EUR 150.

In the absence of a full payment, BelSquare has the right, without warning or prior notice of default, to discontinue all or part of its obligations until the customer fully lives up to his obligations. In that case the client is responsible for the direct and indirect harmful consequences of the suspension by BelSquare of the fulfillment of his obligations. When the invoice is disputed, they must contact BelSquare in writing within a period of 15 days from receipt of the invoice. In the absence of a written notification within this period, the invoice is considered to be definitively accepted and its amount is indisputable.

In the event of a dispute, BelSquare and the customer will try to find an amicable settlement. In the absence of an amicable settlement, the dispute will be submitted to the courts of the judicial district where the headquarters of BelSquare are located. The relationship between BelSquare and the client is exclusively managed by the Belgian law.