Common use of Fees, Invoicing and Payment Clause in Contracts

Fees, Invoicing and Payment. The Specification Appendix shall set out all fees and prices applicable under this Agreement and each purchase order issued hereunder shall refer to and be based on such prices. All prices are exclusive of VAT but inclusive of any other taxes, duties, levies, expenses or charges. All such other taxes, including withholding of preliminary and final taxes, duties or other charges, now existing or which may hereafter be imposed on either of the parties as a consequence of this Agreement by any taxing or other governmental authority shall be solely for Supplier’s account and paid by Supplier, regardless of whether it is Supplier or Ingka who is liable to pay or withhold such taxes, duties or other charges in accordance with the applicable law. For the avoidance of doubt, this means that ▇▇▇▇▇ shall always be entitled to withhold any preliminary and final taxes, duties or other charges, if and as required by law. To the extent Supplier provides Services by landed resources (employees or Subcontractors) in Sweden, the invoice must also include either (a) a reference to the Supplier’s F-tax certificate (Sw. F- skattebevis) and tax identification number, or (b) a breakdown of how much of the invoiced amount relates to Services performed by landed resources in Sweden. Each invoice issued under the Agreement shall make a reference to the relevant purchase order and be accompanied by a written specification giving a true account of the Products purchased and Services rendered. Ingka reserves the right to reject any invoice that does not meet the requirements set out in this section and shall not be deemed to be in default due to such rejection. The payment term shall always be counted from the date when ▇▇▇▇▇ receives a correct invoice. Ingka shall make payment for any invoice within thirty (30) days from the date of receipt of such invoice, except for invoices which Ingka in good faith disputes in whole or in part.

Fees, Invoicing and Payment. 5.1 The purchase order or the Specification Appendix (as applicable) shall set out all fees and prices applicable under this Agreement and each purchase order issued hereunder shall refer to and be based on such pricesAgreement. All fees and prices are exclusive of VAT but inclusive of any other taxes, duties, levies, expenses or charges. All such other taxes, including withholding of preliminary and final taxes, duties or other charges, now existing or which may hereafter be imposed on either of the parties as a consequence of this Agreement by any taxing or other governmental authority shall be solely for Supplier’s account and paid by Supplier, regardless of whether it is Supplier or Ingka who is liable to pay or withhold such taxes, duties or other charges in accordance with the applicable law. For the avoidance of doubt, this means that ▇▇▇▇▇ shall always be entitled to withhold any preliminary and final taxes, duties or other charges, if and as required by law. To the extent Supplier provides Services by landed resources (employees or Subcontractors) in Sweden, the invoice must also include either (a) a reference to the Supplier’s F-tax certificate (Sw. F- skattebevis) and tax identification number, or (b) a breakdown of how much of the invoiced amount relates to Services performed by landed resources in Sweden. . 5.2 Each invoice issued under the Agreement shall make a reference to the relevant purchase order and be accompanied by a written specification giving a true account of the Products purchased and Services rendered. Ingka reserves the right to reject any invoice that does not meet the requirements set out in this section and shall not be deemed to be in default due to such rejection. The payment term shall always be counted from the date when ▇▇▇▇▇ receives a correct invoice. . 5.3 Ingka shall make payment for any invoice within thirty (30) days from the date of receipt of such invoice, except for invoices which Ingka in good faith disputes in whole or in part. 5.4 If the parties have agreed in writing that Ingka shall reimburse Supplier for reasonable travelling costs in connection with Supplier's provision of services to Ingka, the principles for remuneration shall be agreed in writing in advance and comply with the Ingka Travel Policy Appendix, as published and made available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/suppliers.

Fees, Invoicing and Payment. The Specification Appendix (a) In consideration of the supply of Goods by Supplier, Buyer shall set out all pay the Fees as detailed in the Purchase Order. Buyer will not be obligated to pay Supplier for any fees or charges in excess of the Fees unless such fees and prices applicable under charges have been approved in advance and in writing by ▇▇▇▇▇’s authorized signatories and reflected in the value of the Purchase Order. (b) Supplier will submit an invoice to Buyer for all Goods provided and for any pre-authorized business expenses in accordance with this Agreement and each purchase order issued hereunder (attached) Travel Policy. Invoices shall refer clearly identify the Purchase Order number. Invoices will accurately document the Goods provided during the invoice period and will include such supporting documentation as may be reasonably requested by Buyer to and be based establish the extent to which Goods have been provided. If any item or any part of an item shown on such prices. All prices are exclusive of VAT but inclusive of any other taxes, duties, levies, expenses an invoice rendered by Supplier is subject to a bona fide dispute or charges. All such other taxes, including withholding of preliminary and final taxes, duties or other charges, now existing or which may hereafter be imposed on either of the parties as a consequence of this Agreement question by any taxing or other governmental authority shall be solely for Supplier’s account and paid by Supplier, regardless of whether it is Supplier or Ingka who is liable to pay or withhold such taxes, duties or other charges in accordance with the applicable law. For the avoidance of doubt, this means that ▇▇▇▇▇ then Buyer shall always be entitled to withhold any preliminary payment of that invoice until such dispute or question has been resolved. (c) Buyer will pay all applicable transaction taxes ("Tax") submitted in a timely manner in accordance with the terms of the Purchase Order. Supplier will separately state Tax on all its invoices and final supporting documentation. Supplier is responsible for submitting accurate information required to determine and calculate Tax. Buyer will not be responsible for penalties, interest or fees imposed on Supplier as a result of incorrect calculation or billing of Tax. Supplier will, upon ▇▇▇▇▇'s request, provide documentation to support the billing and recovery of Tax paid. Tax includes only applicable transaction taxes, duties or and does not include any employment tax, use and occupancy tax, property tax, income tax, and/or other chargestaxes incurred by Supplier relating to Supplier’s provision of Goods hereunder. If applicable, if a Party shall provide VAT registration details, completed U.S. IRS W-9 forms, and as required by law. To the extent Supplier provides Services by landed resources (employees or Subcontractors) in Sweden, the invoice must also include either (a) a reference similar documents to the other Party upon request. (d) The standard method of payment for all Supplier liabilities is by Electronic Funds Transfer. This is ▇▇▇▇▇’s preferred method of making payments. Alternative methods of payment may be permitted by prior agreement, in writing, between the Buyer and Supplier. Simultaneously with the Purchase Order, Supplier shall provide its relevant bank account details to Buyer including Supplier’s F-tax certificate bank’s International Bank Account Number (SwIBAN), SWIFT/BIC code, bank name, address, and Supplier’s accounts payable representative. F- skattebevis) Such details shall be provided by Supplier to Buyer on Supplier letterhead and tax identification number, or (b) a breakdown of how much of the invoiced amount relates to Services performed by landed resources in Sweden. Each invoice issued under the Agreement shall make a reference to the relevant purchase order and be accompanied signed by a written specification giving a true account representative of the Products purchased and Services rendered. Ingka reserves the right Supplier nominated as Supplier’s accounts payable representative. (e) Unless otherwise agreed to reject any invoice that does not meet the requirements set out in this section and shall not be deemed to be in default due to such rejection. The payment term shall always be counted from the date when writing by ▇▇▇▇▇ receives a correct invoice. Ingka shall make and Supplier, ▇▇▇▇▇’s payment for any invoice within thirty terms are sixty (3060) days from the date of receipt of such invoice, except for invoices which Ingka in good faith disputes in whole or in partvalid invoice under the terms of this Agreement. Any payment(s) that are due on a date(s) that falls on a non-Business Day shall be made on the next Business Day.

Fees, Invoicing and Payment. The Specification Appendix shall set out all fees and prices applicable under this Agreement and each purchase order issued hereunder shall refer to and be based on such prices. All prices are exclusive of VAT but inclusive of any other taxes, duties, levies, expenses or charges. All such other taxes, including withholding of preliminary and final taxes, duties or other charges, now existing or which may hereafter be imposed on either of the parties as a consequence of this Agreement by any taxing or other governmental authority shall be solely for Supplier’s account and paid by Supplier, regardless of whether it is Supplier or Ingka who is liable to pay or withhold such taxes, duties or other charges in accordance with the applicable law. For the avoidance of doubt, this means that ▇▇▇▇▇ shall always be entitled to withhold any preliminary and final taxes, duties or other charges, if and as required by law. To the extent Supplier provides Services by landed resources (employees or Subcontractors) in SwedenNorway, the invoice must also include either (a) a reference to the Supplier’s F-tax certificate (SwNorw. F- skattebevisSkatteattest – Attest for skatt og merverdiavgift) and tax identification numberand VAT number (Norw. Organisasjonsnummer/MVA-nummer), or (b) a breakdown of how much of the invoiced amount relates to Services performed by landed resources in SwedenNorway. Each invoice issued under the Agreement shall make a reference to the relevant purchase order and be accompanied by a written specification giving a true account of the Products purchased and Services rendered. Ingka reserves the right to reject any invoice that does not meet the requirements set out in this section and shall not be deemed to be in default due to such rejection. The payment term shall always be counted from the date when ▇▇▇▇▇ receives a correct invoice. Ingka shall make payment for any invoice within thirty (30) days from the date of receipt of such invoice, except for invoices which Ingka in good faith disputes in whole or in part.

Fees, Invoicing and Payment. The purchase order or the Specification Appendix (as applicable) shall set out all fees and prices applicable under this Agreement and each purchase order issued hereunder shall refer to and be based on such pricesAgreement. All fees and prices are exclusive of VAT but inclusive of any other taxes, duties, levies, expenses or charges. All such other taxes, including withholding of preliminary and final taxes, duties or other charges, now existing or which may hereafter be imposed on either of the parties as a consequence of this Agreement by any taxing or other governmental authority shall be solely for Supplier’s account and paid by Supplier, regardless of whether it is Supplier or Ingka who is liable to pay or withhold such taxes, duties or other charges in accordance with the applicable law. For the avoidance of doubt, this means that ▇▇▇▇▇ shall always be entitled to withhold any preliminary and final taxes, duties or other charges, if and as required by law. To the extent Supplier provides Services by landed resources (employees or Subcontractors) in Sweden, the invoice must also include either (a) a reference to the Supplier’s F-tax certificate (Sw. F- skattebevis) and tax identification number, or (b) a breakdown of how much of the invoiced amount relates to Services performed by landed resources in Sweden. Each invoice issued under the Agreement shall make a reference to the relevant purchase order and be accompanied by a written specification giving a true account of the Products purchased and Services rendered. Ingka reserves the right to reject any invoice that does not meet the requirements set out in this section and shall not be deemed to be in default due to such rejection. The payment term shall always be counted from the date when ▇▇▇▇▇ receives a correct invoice. Ingka shall make payment for any invoice within thirty (30) days from the date of receipt of such invoice, except for invoices which Ingka in good faith disputes in whole or in part. If the parties have agreed in writing that Ingka shall reimburse Supplier for reasonable travelling costs in connection with Supplier's provision of services to Ingka, the principles for remuneration shall be agreed in writing in advance and comply with the Ingka Travel Policy Appendix, as published and made available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/suppliers.

Fees, Invoicing and Payment. The Specification Appendix (a) In consideration of the provision of the Services by Supplier, Buyer shall set out all pay the Fees as detailed in the Purchase Order. Buyer will not be obligated to pay Supplier for any fees or charges in excess of the Fees unless such fees and prices applicable under charges have been approved in advance and in writing by ▇▇▇▇▇’s authorized signatories and reflected in the value of the Purchase Order. (b) Supplier will submit an invoice to Buyer for all Services provided and for any pre-authorized business expenses in accordance with this Agreement and each purchase order issued hereunder (attached) Travel Policy. Invoices shall refer clearly identify the Purchase Order number. Invoices will accurately document the Services provided during the invoice period and will include such supporting documentation as may be reasonably requested by Buyer to and be based establish the extent to which Services have been rendered. If any item or any part of an item shown on such prices. All prices are exclusive of VAT but inclusive of any other taxes, duties, levies, expenses an invoice rendered by Supplier is subject to a bona fide dispute or charges. All such other taxes, including withholding of preliminary and final taxes, duties or other charges, now existing or which may hereafter be imposed on either of the parties as a consequence of this Agreement question by any taxing or other governmental authority shall be solely for Supplier’s account and paid by Supplier, regardless of whether it is Supplier or Ingka who is liable to pay or withhold such taxes, duties or other charges in accordance with the applicable law. For the avoidance of doubt, this means that ▇▇▇▇▇ then Buyer shall always be entitled to withhold any preliminary payment of that invoice until such dispute or question has been resolved. (c) Buyer will pay all applicable transaction taxes ("Tax") submitted in a timely manner in accordance with the terms of the Purchase Order. Supplier will separately state Tax on all its invoices and final supporting documentation. Supplier is responsible for submitting accurate information required to determine and calculate Tax. Buyer will not be responsible for penalties, interest or fees imposed on Supplier as a result of incorrect calculation or billing of Tax. Supplier will, upon ▇▇▇▇▇'s request, provide documentation to support the billing and recovery of Tax paid. Tax includes only applicable transaction taxes, duties or and does not include any employment tax, use and occupancy tax, property tax, income tax, and/or other chargestaxes incurred by Supplier relating to Supplier’s provision of Services hereunder. If applicable, if a Party shall provide VAT registration details, completed U.S. IRS W-9 forms, and as required by law. To the extent Supplier provides Services by landed resources (employees or Subcontractors) in Sweden, the invoice must also include either (a) a reference similar documents to the other Party upon request. (d) The standard method of payment for all Supplier liabilities is by Electronic Funds Transfer. This is ▇▇▇▇▇’s preferred method of making payments. Alternative methods of payment may be permitted by prior agreement, in writing, between the Buyer and Supplier. Simultaneously with the Purchase Order, Supplier shall provide its relevant bank account details to Buyer including Supplier’s F-tax certificate bank’s International Bank Account Number (SwIBAN), SWIFT/BIC code, bank name, address, and Supplier’s accounts payable representative. F- skattebevis) Such details shall be provided by Supplier to Buyer on Supplier letterhead and tax identification number, or (b) a breakdown of how much of the invoiced amount relates to Services performed by landed resources in Sweden. Each invoice issued under the Agreement shall make a reference to the relevant purchase order and be accompanied signed by a written specification giving a true account representative of the Products purchased and Services rendered. Ingka reserves the right Supplier nominated as Supplier’s accounts payable representative. (e) Unless otherwise agreed to reject any invoice that does not meet the requirements set out in this section and shall not be deemed to be in default due to such rejection. The payment term shall always be counted from the date when writing by ▇▇▇▇▇ receives a correct invoice. Ingka shall make and Supplier, ▇▇▇▇▇’s payment for any invoice within thirty terms are sixty (3060) days from the date of receipt of such invoice, except for invoices which Ingka in good faith disputes in whole or in partvalid invoice under the terms of this Agreement. Any payment(s) that are due on a date(s) that falls on a non-Business Day shall be made on the next Business Day.