The Company has complex system of management. Therefore, the process to conclude a contract or to approve a purchase order typically includes the following phases: selection of a contractor, negotiation of conditions for cooperation, negotiation of the contract, the contract is presented for comments to superiors, key departments, legal advisors and tax advisors, definitive signing of the finally agreed contract or issuance of the purchase order by a person so authorised.
The Company reserves the right to propose changes to the negotiated draft of the contract or the purchase order at any time during the contracting process, including the right to withdraw from further negotiations without giving any reason. Should the Company withdraw from the contracting process or should the Company’s Director refuse to sign the already agreed draft of the contract, the Parties to contract will not consider this as acting in bad faith or dishonest act and the Company shall bear no liability.