With reference to your interest shown and order placed, we are pleased to place your order for supply of followings subject to the terms and conditions of the policies guidelines along with this purchase order.

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1. Definition Clause

• With Respect to this Invoice, “Company” or “INRacing” Shall always mean and include INRacing Private Limited and its Branches.

• Customer shall mean an individual or entity who purchase/s goods and avail services from the company by virtue of this Invoice.

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2. Delivery / Installation / Implementation

• Packing method for both returnable/one-way packaging shall be as per agreed terms or as per prudent market practices. Customer shall properly secure and pack the goods against loss, damage or corrosion in transit in case of returning.

• Company shall not be responsible for transit damage. Each case / package must be separately identified & contents of each case /package must be indicated separately in the delivery note.

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3. Taxes / Duties and other fees

• The price quoted in the Invoice is exclusive of all applicable taxes.

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4. Quality Management and Audit Clause

• All goods are matched in every respect the description, specification, and company standards

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5. Confidentially clause

• All goods manufactured/produced/procured as per specification/drawings displayed by the company

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6. Safety.

• The Customer is required to exercise necessary cares and to follow prudent practices while using the product received from INRacing. If any of the Customer’s action, directly or indirectly affects the environment or people negatively and / or violates any provision under the law of the land, then the customer is solely responsible for the consequences, including but not limited to, making up the damage and facing any actions initiated by either people or government or its agencies. INRacing is completely absolved from being responsible for any of the Customer’s unlawful or irresponsible acts.

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7. Indemnity clause

• The Customer shall indemnify and keep INRacing Private Limited indemnified at all times against all actions, claims, demands, damages, liabilities, losses, costs and expenses INRacing may incur due to the Customer’s act, neglect or default, arising out of the failure of customer or its employees, agents to discover and rectify satisfactorily any fault, or defect while performing any of the services; or due to the failure of the customer to comply with any legal and contractual obligations.

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8. Jurisdiction

• All disputes, which may arise in connection with this Invoice shall be resolved by recourse to arbitration at Bengaluru and only the courts in Bangalore city shall have exclusive jurisdiction over all issues relating to this Invoice.