2.DEPOSIT
.1.A deposit of 50% (Fifty percent) of the total quotation shall be paid on acceptance of this quotation.
.2.The Company reserves the right to claim additional payments from the Client on written notice to cover expenses such as the cost of printing, copying and the like.
3.PRELIMINARY DESIGN
.1.The Client shall be furnished with proofs of the designs for his approval. The Client shall approve the proofs by affixing his signature to the proof thus indicating that he accepts the proofs and shall return the proofs to the Company.
.2.After approval of the proofs by the Client, the Client shall have no claim against the Company for errors on the signed proofs.
.3.If the Client wants to amend the proofs or artwork for other reasons than errors made by the printer and/or designer, the Client shall be held liable for the cost thereof.
.4.The Company shall not be held liable for any damage or loss suffered if the Client’s instructions were to proceed without the submission of the proofs.
4.DELIVERY
- .1.Client shall collect the goods from the Company and the Client shall not refuse or delay the collection of the goods. If the Client fails to collect the goods within 7 (seven) days after the Company informed the Client to do so, the Client shall bear storage cost from the first day that the goods were available for collection at a rate of R200.00 per day, which cost must be paid by the Client on demand.
- .2.On receipt of the goods it shall be deemed that the Client inspected the goods and the goods are in good order if the Client or his representative accepts the goods.
- .3.No goods shall be returned to the Company after the delivery date.
- .4.The goods shall be delivered to the Client if the Client so desires, provided that the Client shall bear the cost of the delivery and indemnifies the Company from any loss incurred during the transportation of the goods.
5.PAYMENT
.1.Payment of the outstanding balance shall be effected cash on delivery (COD) unless another agreement is reached in writing between the parties.
.2.The Client has no right to withhold any payment for any reason whatsoever.
.3.Any amount not paid by the Client on the due date, shall bear interest at a rate equal to 15,5% (Fifteen comma five percent) above the prime interest rate charged by the Company’s bankers on overdrawn accounts.
.4.Interest shall be calculated on the amount unpaid from the date it became due until date of actual payment thereof and shall be calculated and capitalized monthly.
6.OWNERSHIP AND COPYRIGHT
.1.Ownership in the intellectual property of the artwork and/or goods remains vested in the Company. Copyright of all artwork designs and/or concepts are reserved by the Company.
.2.The Company reserves the right to use the artwork or goods for portfolio purposes.
.3.Materials and preliminary files and computer files used in the creation of the final artwork or goods shall remain the property of the Company at all times.
.4.No person shall be authorised to use any artwork or any of the goods if the full outstanding amount has not been paid. .5.Where the Client requires the ownership of the intellectual property, the parties shall negotiate a price for the intellectual property and the right title and interest to the intellectual property shall only be assigned or transferred to the Client once: