a. EXW 369551 Singapore
b. EXW Wernigerode, Germany
c. EXW Zwickau, Germany
a. 11 working weeks for standard motor
b. 18 working weeks for customized motor
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Unless the Equipment has been shipped, Buyer may cancel the order for that particular shipment by written notice to Seller subject to payment of the following charges:
1. 10% of contract price if the cancellation is made 0-15 days after receipt of the order.
2. 25% of contract price if the cancellation is made 16-30 days after the receipt of the order.
3. The greatest of (a) 25% of contract price or (b) the percentage of work executed multiplied by the contract price, plus the costs of cancellation of all sub-contracts if the cancellation is made after 30 days after receipt of the order.
Seller’s determination of the cancellation charges shall be final and conclusive.