T&C of Trade

The Stillman Family Trust T/A Max Power Electrical Terms & Conditions of Trade

© Copyright EC Credit Control Pty Ltd 2009

1. Definitions

1.1 Max Power(we/us/our) shall mean
The Stillman Family Trust T/A Max Power Electrical its successors and
assigns
or any person acting on behalf of and with the authority of The Trustee for Stillman Family Trust T/A Max
Power Electrical
.
1.2 Customer (you/your) shall mean the Customer (or any person acting on behalf of and with the authority of the
Customer) as described on any quotation, work authorisation or other form as provided by Max Power to the
Customer.

1.3 “Guarantor” means that person (or persons), or entity, who agrees to be liable for the debts of the Customer on a
principal debtor basis.

1.4 “Goods” shall mean Goods supplied by Max Power to the Customer (and where the context so permits shall
include any supply of Services as hereinafter defined) and are as described on the invoices, quotation, work
authorisation or any other forms as provided by Max Power to the Customer.

1.5 “Services” shall mean all Services supplied by Max Power to the Customer and includes any advice or
recommendations (and where the context so permits shall include any supply of Goods as defined above).

1.6 “Price” shall mean the price payable for the Goods as agreed between Max Power and the Customer in
accordance with clause
4 of this contract.
2. Australian Consumer Law

2.1 Nothing in this agreement is intended to have the effect of contracting out of any applicable provisions of the
Competition and Consumer Act 2010 or Australian Consumer Law in each of the States and Territories of Australia,
except to the extent permitted by those Acts where applicable.

2.2 We may refuse to perform any order in our absolute discretion (except where these Terms constitute a small
business contract for the purposes of the Australian Consumer Law (‘Small Business Contract)) and may make
acceptance of a service order conditional upon receiving a satisfactory credit assessment of the Customer.

3. Acceptance

3.1 Any instructions received by Max Power from the Customer for the supply of Goods and/or the Customer’s
acceptance of Goods supplied by Max Power shall constitute acceptance of the terms and conditions contained
herein.

3.2 Where more than one Customer has entered into this agreement, the Customers shall be jointly and severally liable
for all payments of the Price.

3.3 Upon acceptance of these terms and conditions by the Customer the terms and conditions are binding and can
only be amended with the written consent of Max Power.

3.4 The Customer shall give Max Power not less than fourteen (14) days prior written notice of any proposed change of
ownership of the Customer or any change in the Customer’s name and/or any other change in the Customer’s
details (including but not limited to, changes in the Customer’s address, facsimile number, or business practice).
The Customer shall be liable for any loss incurred by Max Power as a result of the Customer’s failure to comply
with this clause.

3.5 Goods are supplied by Max Power only on the terms and conditions of trade herein to the exclusion of anything to
the contrary in the terms of the Customers order notwithstanding that any such order is placed on terms that
purport to override these terms and conditions of trade.

4. Price And Payment

4.1 At Max Power’s sole discretion the Price shall be either:

(a) as indicated on invoices provided by Max Power to the Customer in respect of Goods supplied; or

(b) Max Power’s quoted Price (subject to clause
4.2) which shall be binding upon Max Power provided that the
Customer shall accept Max Power’s quotation in writing within fourteen (14) days.

4.2 Max Power reserves the right to change the Price in the event of a variation to Max Power’s quotation. Any
variation from the plan of scheduled works or specifications (including, but not limited to, any variation as a result of
works required due to hidden or unidentifiable difficulties beyond the reasonable control of Max Power) will be
detailed in writing and charged for on the basis of Max Power’s quotation and will be shown as variations on the
invoice. Payment for all variations must be made in full at their time of completion.

4.3 At Max Power’s sole discretion a deposit may be required.

4.4 Time for payment for the Goods shall be of the essence and will be stated on the invoice or any other forms. If no
time is stated then payment shall be due fourteen (14) days following the date of the invoice.

4.5 Payment will be made by cash, or by cheque, or by bank cheque, or by direct credit, or by any other method as
agreed to between the Customer and Max Power.

4.6 GST and other taxes and duties that may be applicable shall be added to the Price except when they are expressly
included in the Price.

5. Delivery Of Goods

5.1 At Max Power’s sole discretion delivery of the Goods shall take place when:

(a) the Customer takes possession of the Goods at Max Power’s address; or

(b) the Customer takes possession of the Goods at the Customer’s nominated address (in the event that the Goods
are delivered by Max Power or Max Power’s nominated carrier).

5.2 At Max Power’s sole discretion the costs of delivery are:

(a) in addition to the Price; or

(b) for the Customer’s account.

5.3 The Customer shall make all arrangements necessary to take delivery of the Goods whenever they are tendered
for delivery. In the event that the Customer is unable to take delivery of the Goods as arranged then Max Power
shall be entitled to charge a reasonable fee for redelivery.

5.4 Delivery of the Goods to a third party nominated by the Customer is deemed to be delivery to the Customer for the
purposes of this agreement.

5.5 Max Power may deliver the Goods by separate instalments. Each separate instalment shall be invoiced and paid in
accordance with the provisions in these terms and conditions.

5.6 The failure of Max Power to deliver shall not entitle either party to treat this contract as repudiated.

5.7 Max Power shall not be liable for any loss or damage whatsoever due to failure by Max Power to deliver the Goods
(or any of them) promptly or at all, where due to circumstances beyond the control of Max Power.

6. Risk

6.1 If Max Power retains ownership of the Goods nonetheless, all risk for the Goods passes to the Customer on
delivery.

6.2 If any of the Goods are damaged or destroyed following delivery but prior to ownership passing to the Customer,
Max Power is entitled to receive all insurance proceeds payable for the Goods. The production of these terms and
conditions by Max Power is sufficient evidence of Max Power’s rights to receive the insurance proceeds without the
need for any person dealing with Max Power to make further enquiries.

6.3 The Customer acknowledges that in the event asbestos or any other toxic substances are discovered at the
Worksite that it is their responsibility to ensure the safe removal of the same. The Customer further agrees to
indemnify Max Power against any costs incurred by Max Power as a consequence of such discovery. Under no
circumstances will Max Power handle removal of asbestos product.

6.4 Max Power is not responsible for the removal of rubbish from or cleanup of the building/constructions site/s. This
is the responsibility of the Customer or the Customer’s agent.

7. Access

7.1 Max Power shall not be liable for any loss or damage caused in accessing the work site beyond reasonable control
of Max Power (including, ceiling tiles and panels, face brickwork and rendered masonry services) which Max Power
may have to break into or disturb in performance of the Works), unless due to the negligence of Max Power.

8. Underground Locations

8.1 Prior to Max Power commencing any work the Customer must advise Max Power of the precise location of all
underground services on the site and clearly mark the same. The underground mains & services the Customer
must identify include, but are not limited to, electrical services, gas services, sewer services, pumping services,
sewer connections, sewer sludge mains, water mains, irrigation pipes, telephone cables, fibre optic cables, oil
pumping mains, and any other services that may be on site.

8.2 Whilst Max Power will take all care to avoid damage to any underground services the Customer agrees to
indemnify Max Power in respect of all and any liability claims, loss, damage, costs and fines as a result of damage
to services not precisely located and notified as per clause
8.1.
9. Title

9.1 Max Power and the Customer agree that ownership of the Goods shall not pass until:

(a) the Customer has paid Max Power all amounts owing for the particular Goods; and

(b) the Customer has met all other obligations due by the Customer to Max Power in respect of all contracts
between Max Power and the Customer.

9.2 Receipt by Max Power of any form of payment other than cash shall not be deemed to be payment until that form of
payment has been honoured, cleared or recognised and until then Max Power’s ownership or rights in respect of
the Goods shall continue.

9.3 It is further agreed that:

(a) where practicable the Goods shall be kept separate and identifiable until Max Power shall have received
payment and all other obligations of the Customer are met; and

(b) until such time as ownership of the Goods shall pass from Max Power to the Customer Max Power may give
notice in writing to the Customer to return the Goods or any of them to Max Power. Upon such notice the rights
of the Customer to obtain ownership or any other interest in the Goods shall cease; and

(c) Max Power shall have the right of stopping the Goods in transit whether or not delivery has been made; and

(d) if the Customer fails to return the Goods to Max Power then Max Power or Max Power’s agent may enter upon
and into land and premises owned, occupied or used by the Customer, or any premises as the invitee of the
Customer, where the Goods are situated and take possession of the Goods; and

(e) the Customer is only a bailee of the Goods and until such time as Max Power has received payment in full for
the Goods then the Customer shall hold any proceeds from the sale or disposal of the Goods, up to and
including the amount the Customer owes to Max Power for the Goods, on trust for Max Power; and

(f) the Customer shall not deal with the money of Max Power in any way which may be adverse to Max Power; and

(g) the Customer shall not charge the Goods in any way nor grant nor otherwise give any interest in the Goods

while they remain the property of Max Power; and
(h) Max Power can issue proceedings to recover the Price of the Goods sold notwithstanding that ownership of the
Goods may not have passed to the Customer; and

(i) until such time that ownership in the Goods passes to the Customer, if the Goods are converted into other
products, the parties agree that Max Power will be the owner of the end products.

10. Defects, Retuns, Cancellations and Claims

10.1 The Customer shall not return any Goods to us without obtaining prior authorisation from us. Unauthorised returns
will not be accepted. No returns will be accepted unless a copy of the relevant invoice is enclosed with the
returned Goods. A list of the Goods returned including product descriptions, quantity, date of return and the
Customer’s name and address must also be enclosed. All Goods must be returned in the original packaging and
you shall be responsible for all damage incurred during return shipment. Subject to any rights you may have under
the Australian Consumer Law, if we accept the return of any Goods that have been ordered, we may charge you
fifteen per cent (15%) of the invoice price as a handling fee with freight costs and risk remaining your responsibility.

10.2 Change of mind A request to return Goods for change of mind must be made within 7 days of delivery. Freight
charges must be paid by you for all change of mind returns. We will issue a credit note/refund only after Goods
returned are either collected by our authorised representative or agent or returned to us as set out above. You must
not deduct the amount of any anticipated credit from any payment due to us. All Goods returned for change of mind
must be of merchantable and reasonable quality such that the Goods are complete in their original packaging, not
shopsoiled, are not price ticketed and are still listed in the current price list.

10.3 Cancellation We will not accept cancellations or partial cancellation of an order unless we have first consented in
writing to such cancellation or partial cancellation and unless a cancellation charge has been paid which, as
determined by us, will indemnify us against direct loss, without limitation. Cancellation will not be accepted on
Goods that are not regular stock which are in the process of manufacture or ready for shipment.

10.4 Complaints Subject to any rights you may have under the Australian Consumer Law, all complaints, claims, or
notification of lost Goods, incomplete Goods, Goods damaged in transit or Goods that do not comply with your
purchase order must be submitted to us in writing within seven (7) business days of delivery of the Goods. We may
issue a refund or credit note in respect of the Goods. Otherwise, you are deemed to have accepted the Goods and
shall not refuse to pay for the Goods on the basis that they were lost, incomplete, damaged in transit, or do not
comply with your purchase order.

10.5 Goods will not be accepted for return other than in accordance with
10.1 to 10.4 above.
11. Warranty

11.1 Subject to the conditions of warranty set out in clause
11.2 Max Power warrants that if any defect in any
workmanship of Max Power becomes apparent and is reported to Max Power within three (3) months of the date of
delivery (time being of the essence) then Max Power will either (at Max Power’s sole discretion) replace or remedy
the workmanship.

11.2 The conditions applicable to the warranty given by clause
11.1 are:
(a) the warranty shall not cover any defect or damage which may be caused or partly caused by or arise through:

(i) failure on the part of the Customer to properly maintain any Goods; or

(ii) failure on the part of the Customer to follow any instructions or guidelines provided by Max Power; or

(iii) any use of any Goods otherwise than for any application specified on a quote or order form; or

(iv)the continued use of any Goods after any defect becomes apparent or would have become apparent to a
reasonably prudent operator or user; or

(v) fair wear and tear, any accident or act of God.

(b) the warranty shall cease and Max Power shall thereafter in no circumstances be liable under the terms of the
warranty if the workmanship is repaired, altered or overhauled without Max Power’s consent.

(c) in respect of all claims Max Power shall not be liable to compensate the Customer for any delay in either
replacing or remedying the workmanship or in properly assessing the Customer’s claim.

11.3 For Goods not manufactured by Max Power, the warranty shall be the current warranty provided by the
manufacturer of the Goods. Max Power shall not be bound by nor be responsible for any term, condition,
representation or warranty other than that which is given by the manufacturer of the Goods.

12. Intellectual Property

12.1 Where Max Power has designed, drawn or written Goods for the Customer, then the copyright in those designs and
drawings and documents shall remain vested in Max Power, and shall only be used by the Customer at Max
Power’s discretion.

12.2 The Customer warrants that all designs or instructions to Max Power will not cause Max Power to infringe any
patent, registered design or trademark in the execution of the Customer’s order and the Customer agrees to
indemnify Max Power against any action taken by a third party against Max Power in respect of any such
infringement.

13. Default & Consequences of Default

13.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of
payment, at a rate of two and one half percent (2.5%) per calendar month (and at Max Power’s sole discretion such
interest shall compound monthly at such a rate) after as well as before any judgment.

13.2 In the event that the Customer’s payment is dishonoured for any reason the Customer shall be liable for any
dishonour fees incurred by Max Power.

13.3 If the Customer defaults in payment of any invoice when due, the Customer shall indemnify Max Power from and
against all costs and disbursements incurred by Max Power in pursuing the debt including legal costs on a solicitor
and own client basis and Max Power’s collection agency costs.

13.4 Without prejudice to any other remedies Max Power may have, if at any time the Customer is in breach of any
obligation (including those relating to payment), Max Power may suspend or terminate the supply of Goods to the
Customer and any of its other obligations under the terms and conditions. Max Power will not be liable to the
Customer for any loss or damage the Customer suffers because Max Power has exercised its rights under this
clause.

13.5 If any account remains overdue after twentyeight (28) days then an amount of the greater of twenty dollars
($20.00) or ten percent (10%) of the amount overdue (up to a maximum of fifty dollars ($50.00)) shall be levied for
administration fees which sum shall become immediately due and payable.

13.6 Without prejudice to Max Power’s other remedies at law Max Power shall be entitled to cancel all or any part of any
order of the Customer which remains unfulfilled and all amounts owing to Max Power shall, whether or not due for
payment, become immediately payable in the event that:

(a) any money payable to Max Power becomes overdue, or in Max Power’s opinion the Customer will be unable to
meet its payments as they fall due; or

(b) the Customer becomes insolvent, convenes a meeting with its creditors or proposes or enters into an
arrangement with creditors, or makes an assignment for the benefit of its creditors; or

(c) a receiver, manager, liquidator (provisional or otherwise) or similar person is appointed in respect of the
Customer or any asset of the Customer.

14. Security And Charge

14.1 Despite anything to the contrary contained herein or any other rights which Max Power may have howsoever:

(a) where the Customer and/or the Guarantor (if any) is the owner of land, realty or any other asset capable of
being charged, both the Customer and/or the Guarantor agree to mortgage and/or charge all of their joint and/or
several interest in the said land, realty or any other asset to Max Power or Max Power’s nominee to secure all
amounts and other monetary obligations payable under these terms and conditions. The Customer and/or the
Guarantor acknowledge and agree that Max Power (or Max Power’s nominee) shall be entitled to lodge where
appropriate a caveat, which caveat shall be withdrawn once all payments and other monetary obligations
payable hereunder have been met.

(b) should Max Power elect to proceed in any manner in accordance with this clause and/or its subclauses, the
Customer and/or Guarantor shall indemnify Max Power from and against all Max Power’s costs and
disbursements including legal costs on a solicitor and own client basis.

(c) the Customer and/or the Guarantor (if any) agree to irrevocably nominate constitute and appoint Max Power or
Max Power’s nominee as the Customer’s and/or Guarantor’s true and lawful attorney to perform all necessary
acts to give effect to the provisions of this clause
14.1.
15. Compliance with Laws

15.1 The Customer and Max Power shall comply with the provisions of all statutes, regulations and bylaws of
government, local and other public authorities that may be applicable to the works.

15.2 The Customer shall obtain (at the expense of the Customer) all licenses and approvals that may be required for the
works.

15.3 The Customer agrees that the site will comply with any occupational health and safety laws relating to
building/construction sites and any other relevant safety standards or legislation.

16. Cancellation

16.1 Max Power may cancel any contract to which these terms and conditions apply or cancel delivery of Goods at any
time before the Goods are delivered by giving written notice to the Customer. On giving such notice Max Power
shall repay to the Customer any sums paid in respect of the Price. Max Power shall not be liable for any loss or
damage whatsoever arising from such cancellation.

16.2 In the event that the Customer cancels delivery of Goods the Customer shall be liable for any loss incurred by Max
Power (including, but not limited to, any loss of profits) up to the time of cancellation.

16.3 Cancellation of orders for Goods made to the Customer’s specifications or nonstocklist items will definitely not be
accepted, once production has commenced.

17. Privacy Act 1988

17.1 To enable us to assess your application for credit, you authorise us: (1) to obtain from a credit reporting
agency/body a consumer or commercial credit report containing personal information about you and any
guarantors; and (2) to obtain a report from a credit reporting agency/body and any other information in relation to

your commercial credit activities, and (3) to give to a credit reporting agency/body information including identity
particulars and application details.

17.2 You authorise us to give to and obtain from any credit provider named in the accompanying Credit Application and
credit providers that may be named in a credit report issued by a credit reporting agency/body information about
your credit arrangements. You understand that this information can include any information about your credit
worthiness.

17.3 You understand that information can be used for the purposes of assessing your application for credit, assisting
you to avoid defaulting on your credit obligations, assessing your credit worthiness and notifying other credit
providers and credit reporting agencies of a default by you under these Terms.

18. Building and Construction Industry Security of Payment Act 2002

18.1 At Max Power’s sole discretion, if there are any disputes or claims for unpaid Goods and/or Services then the
provisions of the Building and Construction Industry Security of Payment Act 2002 may apply.

18.2 Nothing in this agreement is intended to have the affect of contracting out of any applicable provisions of the
Building and Construction Industry Security of Payment Act 2002 of Victoria, except to the extent permitted by the
Act where applicable.

19. General

19.1 If any provision of these terms and conditions shall be invalid, void, illegal or unenforceable the validity, existence,
legality and enforceability of the remaining provisions shall not be affected, prejudiced or impaired.

19.2 These terms and conditions and any contract to which they apply shall be governed by
the laws of Victoria and are
subject to the jurisdiction of the courts of
Victoria.
19.3 Max Power shall be under no liability whatsoever to the Customer for any indirect and/or consequential loss and/or
expense (including loss of profit) suffered by the Customer arising out of a breach by Max Power of these terms
and conditions.

19.4 In the event of any breach of this contract by Max Power the remedies of the Customer shall be limited to damages
which under no circumstances shall exceed the Price of the Goods.

19.5 The Customer shall not be entitled to set off against, or deduct from the Price, any sums owed or claimed to be
owed to the Customer by Max Power nor to withhold payment of any invoice because part of that invoice is in
dispute.

19.6 Max Power may license or subcontract all or any part of its rights and obligations without the Customer’s consent.

19.7 The Customer agrees that Max Power may review these terms and conditions at any time. If, following any such
review, there is to be any change to these terms and conditions, then that change will take effect from the date on
which Max Power notifies the Customer of such change.

19.8 Neither party shall be liable for any default due to any act of God, war, terrorism, strike, lockout, industrial action,
fire, flood, storm or other event beyond the reasonable control of either party.

19.9 The failure by Max Power to enforce any provision of these terms and conditions shall not be treated as a waiver of
that provision, nor shall it affect Max Power’s right to subsequently enforce that provision.

20. Personal Property Security Interest

20.1 You grant a security interest in the Goods and the proceeds (as defined in the Personal Property Securities Act
2009 (‘PPSA’)) to secure the obligation to pay the purchase price of the Goods and other of your obligations to us
under this agreement (together the “Indebtedness”). You warrant that the Goods are not purchased for personal,
domestic or household purposes.

20.2 Where the Goods and/or proceeds are not readily identifiable and/or traceable or their recoverable value is
insufficient to pay the Indebtedness, the security interest shall also extend to all the goods present and after
acquired by the Customer, of which the Goods form part, to the extent required to secure the Indebtedness.

20.3 You waive any right to receive notice in relation to any registration or amendment to a registration on the Personal
Property Security Register (‘PPSR’). At your own expense, you will provide all reasonable assistance and relevant
information to enable us to register on the PPSR and generally to obtain, maintain, register and enforce the security
interests created by this agreement.

20.4 Any payments received from you shall be deemed to be made and applied by us in the following order (unless we
otherwise determine): (1) to any obligation owed by you which is unsecured, in the order in which the obligations
were incurred; (2) to any obligations that are secured, but not by a purchase money security interest (‘PMSI’), in the
order in which those obligations were incurred (3) to obligations that are secured by a PMSI, in the order in which
those obligations were incurred.

20.5 Until you have paid all money owing to us, you must at all times ensure that (1) all Goods, while in your possession,
can be readily identified and distinguished, and/or (2) all proceeds (in whatever form) that you receive from the sale
of any of the Goods are readily identifiable and traceable.

20.6 Subject to clause 9.3, if the Goods are held by you as inventory (as defined in the PPSA), then you may sell or
lease the Goods in the ordinary course of business. Otherwise until you have paid all money owing to us you must
not sell or grant a security interest in the Goods without our written consent.

20.7 To the extent permissible by law, you agree that the following provisions of the PPSA will not apply and you will
have no rights under them: Section 95 (to the extent that it requires the secured party to give notices to the grantor); section 96; section 118 (to the extent that it allows a secured party to give notice to the grantor); section
121(4); section 125; section 130; section 132(3)(d); section 132(4); section 135; section 142; section 143.

20.8 Section 115(7) of the PPSA allows for the contracting out of provision of the PPSA, the following provisions of the
PPSA will not apply and the Customer will not have any rights under them: section 127; section 129(2),(3); section
130(1); section 132; section 134(2); section 135; section 136(3), (4) and (5) and section 137.

20.9 Unless otherwise agreed and to the extent permitted by the PPSA, the parties agree not to disclose any information
of a kind referred to in section 275(1) of the PPSA to an interested person or any other person. You waive any right
you may have, or but for this clause may have had, under section 275(7)(c) of the PPSA to authorise the disclosure
of the above information.

21. Force Majeure

We shall be released from our obligations in the event of national emergency, war, pandemic, prohibitive
governmental regulation or if any other cause beyond the control of the parties renders provision of the Goods
impossible, where all money due to us shall be paid immediately and, unless prohibited by law, we may elect to
terminate the Agreement.

The Stillman Family Trust T/A Max Power Electrical Terms & Conditions of Trade
© Copyright EC Credit Control Pty Ltd