10. The Company's Property / Tooling

Materials, equipment, tools, dies, jigs, patterns, moulds, or any Intellectual Property Rights in all drawings, specifications and data supplied by the Company to the Seller or not so supplied but procured, manufactured or developed and disbursed by the Seller specifically for the manufacture of the Goods (collectively referred to as the "

The Tooling shall, by and at the expense of the Seller, be properly:

a) held in safe custody at its own risk; and,

b) reported, declared to and covered by the Sellers’ property insurer; and

c) maintained and kept in good condition; and,

d) where possible be marked as the property of the Company until returned to the Company and shall not be disposed of other than in accordance with the Company's written instructions.

The Tooling shall not be used by the Seller for any purpose other than supplying the Goods pursuant to the Purchase Order.

The Tooling (or part thereof) may be reclaimed by the Company at any time and on such notice of reclaim shall be returned forthwith by the Seller in accordance with the reasonable instructions of the Company.

Tooling") shall at all times be and remain the exclusive property of the Company.


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