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GENERAL TERMS AND CONDITIONS

I.) GENERAL TERMS:

1. The following terms of business apply to all journeys Majestic Imperator Train De Luxe Waggon Charter Ges.m.b.H [in short: Majestic Imperator] organises and undertakes and to all other services (organisation of events, etc.) offered in connection with these journeys. Any deviations from these terms are only legally valid and binding if they have been confirmed in writing by Majestic Imperator's managing director. Terms which have been sent to Majestic Imperator and differ from the company's terms of business, or any oral agreements not confirmed in writing, are not legally valid or binding.

2. All offers, contracts, confirmations, preparations, and the necessary supervision to guarantee a perfect train, ride as well as all the invoicing will be handled at Majestic Imperator's head office in Vienna.

3. All offers, when accepted by a client, only become valid after written confirmation by Majestic Imperator's managing director.

4. As far as possible, Majestic Imperator uses historical carriages for all journeys; given the extensive maintenance required for such carriages, it may happen that one or the other carriage is not available on request. Therefore Majestic Imperator reserves the right - before or even during a journey - for technical reasons to exchange these carriages for others, which may be newer or offer a different design from the originally selected one, without clients being able to set up a legal claim. The same conditions apply to historical locomotives, which for technical reasons may be exchanged for more modern locomotives with a different type of engine (steam, electric, diesel).

5. As far as services beyond the charter of carriages and the organisation of journeys are concerned, Majestic Imperator is entitled to use the services of third parties.

6. You may change the number of passengers until 20 days before your departure without extra cost (minimum number of passengers remains 20).

II.) TERMS OF PAYMENT:

1. All prices are quoted in EURO. Any information provided in other currencies is only to help clients to get a better understanding of our prices; such information is not legally binding.

2. Clients are asked to settle their account in advance, according to the following terms: 10% of the total amount upon written acceptance of our offer an additional 20% of the total amount to be received by Majestic Imperator 60 days prior to the beginning of the journey the remainder (70%) of the total amount to be received no later than a fortnight prior to the beginning of the journey any possible additional charges to be paid immediately after receipt of the final invoice.

3. Payments must be made in such a way that they are received by the deadlines stated above.

4. If payment is not received in time, Majestic Imperator is entitled to withdraw from the deal.

III.) CANCELLATION FEES:

1. In addition to all cases provided by law, the client is entitled to withdraw from the deal at any time. The cancellation has to be made in writing. In case of cancellation by the client, Majestic Imperator is entitled to the following cancellation fees: 10% of the total amount due if cancellation is received more than 59 days prior to the beginning of the journey 30% of the total amount due if cancellation is received between 59 and 14 days prior to the beginning of the journey. 100 % of the total amount due if cancellation is received less than 14 days prior to the beginning of the journey. These fees are due and payable one day after the cancellation by the client has been received by Majestic Imperator.

2. If the total amount due is not received by Majestic Imperator at least eight (8) working days prior to the beginning of the journey, Majestic Imperator is entitled to withdraw from the contract, allowing the client two more days to settle the account, without prejudice to any other right or remedy which Majestic Imperator may have.

IV.) WARRANTY AND INDEMNITY:

1. If the journey or part of the journey or any of the services offered in connection with it have to be changed or cancelled due to force majeure, the client is not entitled to any compensation. Natural catastrophes, war, public unrest or rebellion, acts of terrorism or threats thereof, a breakdown of public order, technical or organisational difficulties, impassable tracks, or other reasons which make the journey impossible, are to be considered as force majeure.

2. We do not and cannot warrant for the compliance with time tables presented to us, because all regular trains, including regular freight trains, take precedence over our special trains. Therefore we only warrant for transportation to a specific destination, but not for the time of arrival. Therefore clients are not entitled to any compensation or indemnity if we are unable to stick to our original time table and to arrive at our destination at a specific time.

3. Majestic Imperator is only liable for any kind of damage to, loss of, or destruction of any personal property of our passengers, if such damage is caused wilfully and knowingly or due to negligence by us or any third party we are legally responsible for.

4. Passengers are forbidden to behave in an offensive or any other way which might endanger the life or property of any other person. If a passenger disobeys this rule or any necessary orders issued by Majestic Imperator's personnel on the train, he or she is liable for any damage done to us or any third parties affected. Moreover, we reserve the right to relegate such passengers without any compensation at any train station of our choice during a regular stop of our train.

5. Our clients are liable for the behaviour of their own guests and business partners.

V.) PLACE OF PERFORMANCE, RELEVANT LAWS, AND LEGAL VENUE:

1. All claims Majestic Imperator might have against its clients, including claims for indemnity, have to be made in Vienna.

2. Austrian law applies in case of any dispute arising due to or in connection with this contract.

3. All disputes arising due to or in connection with this contract have to the settled at the respective court with commercial jurisdiction in the 1. district of Vienna. § 14 KSchG is unaffected by this.

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