7. RETENTION OF TITLE All articles and goods delivered to the purchaser remain the property of Oliveda until the complete payment has been received by Oliveda.

8. LIABILITY FOR DEFCTS In case a purchased item is defective the purchaser shall have the right to demand supplementary performance (correction of faults or compensation delivery). If the supplementary performance fails, the purchaser shall have the right in case of a non insignificant defect to revoke the contract, reduce the purchase price, or to claim damages. The purchaser shall not have the right to assign these claims. Unless otherwise determined below, further claims by the purchaser, no matter for which legal argument, shall be excluded. Therefore Oliveda shall not be liable for damages that have not occurred to the delivery item itself; in particular Oliveda shall not be liable for loss of profit or for other financial losses of the purchaser. As far as the liability of Oliveda is excluded or limited this shall also apply to the personal liability of the employees, representatives and vicarious agents. In case Oliveda infringes an essential contractual obligation by negligence, the liability of compensation for material damage shall be limited to the typically occurring damage. If the supplementary performance is effected by way of compensation delivery, the purchaser shall be obliged to return the goods delivered in the first place to Oliveda within a period of 30 days. In case Oliveda is not in receipt of the goods within this period, Oliveda shall be entitled to claim compensation for the goods delivered first and to debit it to the means of payment advised. The limitation period shall be twenty-four months from delivery on.

9. APPLICABLE LAW Spanish Law shall apply exclusively to the contract between Oliveda and the purchaser.

10. DATA PROTECTION Personal data of the purchaser shall only be collected in line with the statutory provisions of the German Data Protection Act (BDSG) and the Teleservices Data Protection Act (TDDSG) and shall exclusively be used in the scope of the contract performance.

11. PLACE OF FULFILMENT AND PLACE OF JURISDICTION The place of fulfilment for all liabilities resulting from this contractual relationship shall be Palma de Mallorca/Spain. The place of jurisdiction for merchants and corporate bodies under public law shall be agreed upon as Palma de Mallorca.

12. SEVERABILITY CLAUSE In case one or several provisions of these General Terms and Conditions are or will be illegal or ineffective, the other provisions shall remain unaffected.

13. OTHER Every purchaser should be aware that the acquisition of gifts of nature: i.e. sponsoring olive trees, beehives, sheep and vineyards, primarily constitutes a non-material ownership. Furthermore we reserve the right to amend these General Terms and Conditions without notice. The reproduction of pages from our websites www.oliveda.com or www.my-ole.com, even in excepts, as well as from the Oliveda Shops is only permitted by prior written permission from Oliveda.

As per December 1st, 2006