AIMIA FOODS LIMITED

Aimia have a number of standard terms the main two are 30 and 60 days EOM. Terms and Conditions of Purchase: Invoices shall be submitted by the Supplier for the supply of Goods in accordance with the Order. The Company shall be entitled to dispute the validity of any invoice and upon notification to the Supplier the invoice shall not become due, and the Company shall be entitled to withhold payment in whole or in part of any such invoice which the Company believes has been incorrectly submitted. Unless otherwise agreed in the Special terms or separately in writing, payment shall be due within the Supplier's respective agreed terms for example 60 days of the end of the month in which a valid invoice is received. The Company may set off, or deduct against the price for the Goods (including any VAT) any amounts due from the Supplier whether under these terms or otherwise.

Payment runs are done weekly and monthly. Weekly runs mean that some invoices are paid a few days early whilst some will be paid a few days late. Aimia's reporting periods are not based on calendar months which means that although a monthly run is done a number of payments which are due at the calendar month end will fall just outside the reporting calendar.

In case of dispute the invoice would be rejected by the authorising manager and placed on hold by the Purchase Ledger Clerk. The invoice would be queried with the supplier until a resolution has been agreed and a credit note / and replacement invoice (if applicable) is received. Purchase Ledger contact telephone: 01942 272 900. In accordance with the Terms and Conditions of Purchase; 7 b) If the Goods don not correspond with the Order, they may be rejected and the Order cancelled, whereupon the Company shall be under no further liability. If the Company elects not to cancel the Order, the Supplier at his own expense and without delay shall rectify or replacement as required any defects that arise.