The Distributor will make immediate payment worth 40 % of the invoice value against the
AWB copy & rest 60 % of the invoice value within 90 days from the date of invoice for all
purchases of products referred in Exhibit “D” made from the Company against valid
shipping documents. It will be solely company’s prerogative to decide if the payment terms
have to be changed after a sales performance and payment history of 12 months from date
of signing the contract.